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Showing 1 - 10 of 36 results for "upstream"

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... what's possible," Market Forces senior banks analyst Kyle Robertson said. "Australia's largest bank has nearly halved its upstream oil and gas lending in the last two years due to its sensible approach to only fund companies aligned with the climate ...

Cromwell restructures lending facility

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
... sustainability, and corporate governance (ESG) policy. "We have been working with tenants and suppliers across all our upstream and downstream business activities - covering our entire supply chain of tenant activities; funds under management; joint ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... only invest in energy companies that derive less than 10% of their activities in unconventional oil and gas. "For pure upstream oil and gas players, on the basis of their reserves: we will only invest in upstream companies having less than 10% of unconventional ...

Brookfield ups the ante on Origin by $1.2bn

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... ConocoPhillips. ConocoPhillips, already a 47.5% owner in APLNG, is the current downstream operator and intends to take over upstream operatorship of APLNG. Brookfield has committed to investing "at least" $20 billion of additional investment during the ...

ACCC approves Origin Energy bid on renewable grounds

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
... ConocoPhillips. ConocoPhillips, already a 47.5% owner in APLNG, is the current downstream operator and intends to take over upstream operatorship of APLNG. Brookfield has committed to investing "at least" $20 billion of additional investment during the ...

Danish pension fund completes US$520m divestment

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
... consistent with the goals of the Paris agreement. Therefore, we have now sold off and excluded ENI, the last remaining upstream fossil fuel company in our portfolio. "Through a subsidiary, ENI will expand exploration for oil in vulnerable Arctic areas ...

Australian businesses failing to achieve on sustainability goals

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
... break it down - it's not just scope 1 and 2, which is your operational emissions, it's scope 3, which is the upstream supply chain and the downstream supply chain, which is customers," Smith said. "It is incredibly hard to get data on upstream ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... ConocoPhillips. ConocoPhillips, already a 47.5% owner in APLNG, is the current downstream operator and intends to take over upstream operatorship of APLNG. In addition to its institutional and investor partners, Brookfield is also working with Reliance ...

Brambles launches Australian-first circular economy green bond

RACHEL ALEMBAKIS  |  TUESDAY, 21 MAR 2023  |  NEWS
... reduction in absolute Scope 3 GHG emissions on 2020 levels, including value chain emissions from purchased capital goods, upstream and downstream transportation and distribution, waste generated in operations and outsourced service centres, representing ...

Activist investor launches Santos campaign

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... executive remuneration report. "Since 2021, Santos has pivoted to a growth strategy, committing to by far the most aggressive upstream capex plan of any major listed Oil and Gas company globally," Snowcap said. "The result has been a drastic underperformance ...
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