Japan Believes An LNG Supply Squeeze Is Looming

Japan Believes An LNG Supply Squeeze Is Looming

A cross-section of energy analysts have lately provided a mixed outlook on the natural gas sector. In its latest Short Term Energy Outlook, the US Energy Information (EIA) was bearish and forecasted that natural gas spot price at Henry Hub would average ~$6 per million British thermal units (MMBtu) across 4Q22 and 1Q23 – more … Read more

Saying no to cryptocurrency was a glorious moment for Canada’s investment advisers

Saying no to cryptocurrency was a glorious moment for Canada’s investment advisers

Making the right call in investing sometimes requires you to look excruciatingly wrong for a while. The investment advisers who declined to board the cryptocurrency hype train understand this well. Bitcoin and other cryptocurrencies took off in 2020 and didn’t peak until roughly 12 months ago. Anti-crypto advisers and money managers must have hated those … Read more

Is The Eagle Ford Shale Play Getting A Second Wind?

Is The Eagle Ford Shale Play Getting A Second Wind?

Over the last year, the Eagle Ford Shale play has seen a lot of renewed interest in investment as well as M&A activity. Just this November, Marathon Oil Company, (NYSE:MRO) announced in their quarterly earnings call they had acquired the Eagle Ford assets of privately held Ensign Natural Resources. For a sales price of ~$3.0 … Read more

New FTX CEO describes ‘unprecedented’ financial disaster

New FTX CEO describes ‘unprecedented’ financial disaster

Former FTX CEO chief executive Samuel Bankman-Fried in Washington on Nov. 13. A restructuring expert who has taken over as chief executive officer of cryptocurrency exchange says he has never in his 40-year career seen ‘such a complete failure of corporate controls. ‘STEFANI REYNOLDS/AFP/Getty Images John Ray, the restructuring expert who has taken over as … Read more

Ontario Teachers’ Pension Plan faces a hit on investment in crypto trading platform FTX

Ontario Teachers’ Pension Plan faces a hit on investment in crypto trading platform FTX

A big cryptocurrency investment by the Ontario Teachers’ Pension Plan is in jeopardy amid the latest market turmoil for the sector. Teachers, which is Canada’s third-largest pension fund, invested in trading platform FTX Ltd. a year ago at an announced US$25-billion valuation. Teachers watched Tuesday as FTX sold itself to rival Binance Holdings Ltd. after … Read more

Ottawa orders Chinese divestment in three Canadian critical minerals companies

Ottawa orders Chinese divestment in three Canadian critical minerals companies

Ottawa is ordering Chinese state-owned companies to immediately divest their interests in three Canadian critical minerals companies, as Canada doubles down on its efforts to get tougher on China, after the Federal government faced an avalanche of criticism earlier in the year for allowing too much investment from the Asian superpower into the domestic resource … Read more

Private Investors Are Flocking Into Oil And Gas

Private Investors Are Flocking Into Oil And Gas

Over the past couple of years, Wall Street banks, E&P companies and investors have faced mounting pressure to disinvest in fossil fuels. last year, BlackRock Inc. (NYSE: BLK), the world’s largest asset manager with $10 trillion in assets under management (AUM), feels shockwaves through the fossil fuel sector after it vowed to double down on … Read more

BlackRock Says It Won’t Stop Investing In Coal, Oil, And Natural Gas

BlackRock Says It Won’t Stop Investing In Coal, Oil, And Natural Gas

BlackRock will not stop investing in oil, natural gas, or coal, the world’s largest asset manager told a UK parliamentary committee in written responses to an inquiry on the role of the financial sector in the UK’s net-zero transition. Asked if BlackRock supports a net-zero scenario in which “no new investment is needed in coal, … Read more

Liz Truss’s tax reversal, firing of budget chief the latest setbacks for fledgling British PM

Liz Truss’s tax reversal, firing of budget chief the latest setbacks for fledgling British PM

Britain’s Prime Minister Liz Truss looks down during a press conference in the Downing Street Briefing Room in central London on Oct. 14, 2022, following the sacking of the finance minister in response to a budget that sparked markets chaos.DANIEL LEAL/AFP/Getty Images British Prime Minister Liz Truss has sacked her finance minister and dropped a … Read more

Liz Truss’s tax reversal, firing of budget chief the latest setbacks for fledgling British PM

Liz Truss’s tax reversal, firing of budget chief the latest setbacks for fledgling British PM

Britain’s Prime Minister Liz Truss looks down during a press conference in the Downing Street Briefing Room in central London on Oct. 14, 2022, following the sacking of the finance minister in response to a budget that sparked markets chaos.DANIEL LEAL/AFP/Getty Images British Prime Minister Liz Truss has sacked her finance minister and dropped a … Read more