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HomeBlackrock

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BlackRock
ESG

Top Asset Manager BlackRock Names Saudi Aramco CEO To Board

July 19, 2023 Mariel Alumit

BlackRock has named Saudi Aramco’s chief executive Amin Nasser to the board of directors of the world’s biggest asset manager as an independent director. The CEO of the world’s largest oil company by oil production, exports, and […]

BlackRock
Finance

BlackRock, KKR Near Sale of Adnoc Oil Pipeline Stake to ADQ

July 17, 2023 Mariel Alumit

Asset managers near sale of multibillion-dollar holding Abu Dhabi’s newest sovereign fund may seal deal this week BlackRock Inc. and KKR & Co. are nearing a deal to sell their multibillion-dollar stake in Abu Dhabi National Oil Co.’s oil […]

BlackRock
Crypto

BlackRock Stock Eases After Major Earnings Turnaround; ESG Conflict In Focus

July 16, 2023 Mariel Alumit

The world’s largest asset manager BlackRock reported quarterly earnings early Friday. BlackRock stock faded Friday following results. BlackRock kicked its recent earnings slump with its Q2 results Friday. Earnings bolted 28% to $9.06 per share […]

BlackRock Is Leading A 120 Trillion Investment Boom That Is Upending Wall St -EnergyNewsBeat
ESG

It’s not just Larry Fink. C-suite ESG mentions drop as political heat rises.

July 8, 2023 Mariel Alumit

BlackRock’s Larry Fink isn’t the only CEO no longer using the now-controversial acronym ESG. ESG — which stands for a focus on environmental, social, and corporate governance principles — was mentioned by just 74 S&P 500 […]

BlackRock
Crypto

BlackRock CEO Larry Fink Says Bitcoin Could ‘Revolutionize Finance’

July 5, 2023 Mariel Alumit

BlackRock (BLK) CEO Larry Fink said crypto, specifically bitcoin (BTC), could revolutionize the financial system in an interview with Fox Business on Wednesday. “We do believe that if we can create more tokenization of assets […]

Climate Crisis

Larry Fink “ashamed” to be part of ESG political debate – Hypocrisy Has No Limits

June 27, 2023 Mariel Alumit

BlackRock CEO Larry Fink said he’s no longer using the term “ESG” (environment, social and governance) because it is being politically “weaponized” and he’s “ashamed” to be part of the debate on the issue. Why it matters: How the […]

Big Oil Companies

From Merck To Microsoft: These Are The Companies That BlackRock ‘Controls’ The Most Of

June 26, 2023 Mariel Alumit

A week after an employee of the world’s largest asset management company, BlackRock, described how the company attempts to stay out of the media spotlight while buying politicians and profiting off of war (according to […]

Oklahoma
Crude Oil News

Oklahoma says 13 major financial institutions are boycotting the oil and gas industry

May 17, 2023 Mariel Alumit

Oklahoma’s state treasurer has issued a list of 13 financial institutions that he says are boycotting Oklahoma’s oil and gas industry and shouldn’t be allowed to do business with the state. Last year, lawmakers targeted financial […]

BlackRock
ESG

BlackRock CEO Lies to Investors, Says Oil & Gas Now OK

March 21, 2023 Mariel Alumit

BlackRock, the largest investment bank in the world with some $10 trillion in assets under management, is hurting. BlackRock CEO Larry Fink insists that public companies adopt ESG (environment, social, governance) policies that include reducing […]

Biden Administration
EnergyNews

Texas Has a Warning for Its Pensions: Sever Ties With BlackRock

February 24, 2023 Mariel Alumit

​Texas Comptroller Glenn Hegar is stepping up his battle against so-called sustainable investing, telling state money managers that they haven’t done enough to cut ties with BlackRock Inc. and other financial firms that he says boycott […]

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