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HomeBloomberg

Bloomberg

Bloomberg - JPMorgan says 185 oil is in view if Russian Supply hit persists
Commodities

JPMorgan Says $185 Oil Is in View If Russian Supply Hit Persists

March 4, 2022 Stu Turley

66% of Russian oil is struggling to find buyers currently Oil prices have surged above $110 as buyers shun Russia output Brent crude could end the year at $185 a barrel if Russian supply continues […]

M&A in the Permian -ENB
Finance

Permian Driller Colgate Is Said to Explore $5 Billion Sale

February 16, 2022 Stu Turley

Colgate Energy, a private equity-backed energy explorer in the Permian Basin that’s been preparing to go public, is also considering a sale after getting takeover interest, according to people familiar with the matter. The company […]

Bloomberg - IEA says oil market tight - ENB
Commodities

IEA Says Oil Prices Are Rising to `Uncomfortable’ Levels – Supporting long-term $100 oil

February 11, 2022 Stu Turley

Toril Bosoni, head of the International Energy Agency’s markets and industry division, says oil prices could climb further because of the OPEC+ coalition’s “chronic” struggle to revive production. “It’s not in the interest of consumers, but […]

Banks Get ESG Upgrades -ENB Despite Lending Billions for Fossil Fuels - ENB
Finance

Banks Get ESG Upgrades Despite Lending Billions for Fossil Fuels

February 7, 2022 Mariel Alumit

The world’s leading rater of green credentials is rewarding some of Wall Street’s biggest banks even though they continue to lend billions of dollars to fossil-fuel companies. Those credentials come in the form of upgrades from […]

Stocks rally, oil dips as investors eye Russia, Ukraine sanctions
ESG

Many Big ESG Funds Are Just Glorified Market Trackers

February 2, 2022 Mariel Alumit

In the recent market tumult, the largest ESG-focused exchange-traded funds in the U.S. are again showing that they are little more than market trackers—with even worse performance. The iShares ESG Aware MSCI USA (ticker ESGU), which claims […]

Bloomberg - Oil at 100
Commodities

Goldman Says $90 Oil May Push OPEC+ Into Faster Output Ramp-Up

February 1, 2022 Mariel Alumit

With Brent oil prices having surged to around $90 per barrel, OPEC and its allies may announce a bigger-than-expected rise in output, according to Goldman Sachs Group Inc. The outcome of Wednesday’s meeting remains “evenly balanced” […]

Gas Plume - ENB
Commodities

U.S. Natural Gas Abruptly Surges in Record Short Squeeze

January 29, 2022 Mariel Alumit

U.S. natural gas futures suddenly spiked the most on record Thursday afternoon, a dramatic move that signaled bearish wagers being squeezed out of the market. The eye-popping surge of as much as 72% came ahead […]

Brazil Portal - ENB
Exports

Europe LNG Thirst Will Get Some Relief From Brazil’s Hydro Boost

January 29, 2022 Mariel Alumit

Europe, which has been luring liquefied natural gas cargoes away from Asia, will now have less competition from Brazil as rains are refilling the South American country’s hydroelectric dams. Brazil’s hydro power generation is up […]

Global Investment in Low-Carbon Energy Transition Hit $755 Billion in 2021
Climate Crisis

Global Investment in Low-Carbon Energy Transition Hit $755 Billion in 2021

January 28, 2022 Mariel Alumit

London, January 27, 2022 – Global investment in the energy transition totaled $755 billion in 2021 – a new record – off the back of rising climate ambition and policy action from countries around the world, […]

A cooling tower at a nuclear power station in Belgium - Thierry Monasse-Bloomberg
Climate Crisis

EU Faces Major Pushback Over Plan to Call Gas, Nuclear ‘Green’

January 22, 2022 Mariel Alumit

The platform on Sustainable Finance to argue against the proposal Lawmakers say dilution of green rulebook may be illegal Europe’s executive arm is facing an increasingly intense wave of pressure to abandon a proposal to […]

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