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Showing 1 - 10 of 300 results for "oil"

Santos receives takeover offer from Abu Dhabi-led consortium

ANDREW MCKEAN  |  MONDAY, 16 JUN 2025  |  NEWS
... a non-binding $8.89 per share cash offer from the XRG Consortium, led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company (ANDOC), alongside Abu Dhabi's sovereign wealth fund ADQ and US private equity firm Carlyle. The proposal, which values ...

Australia ranks 13th on gender parity

JAMIE WILLIAMSON  |  FRIDAY, 13 JUN 2025  |  NEWS
... overrepresented in healthcare and care services (58.5%) and education (52.9%). They remain underrepresented in infrastructure, oil, gas and mining, and utilities. From an income perspective, at the aggregate level, high-income economies have closed 74.3% ...

Macquarie shareholders call for transparency

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025  |  NEWS
... claims it is a leader in financing for renewable energy, it is failing to disclose the full extent of its investments in coal, oil and gas. "Shareholders want Macquarie to come clean on its financing of fossil fuel expansion, which undermines the company's ...

ART extends exclusions in Socially Conscious option

ELIZA BAVIN  |  MONDAY, 12 MAY 2025  |  NEWS
... The exclusions include investing in companies which obtain more than 5% of revenues from thermal coal; metallurgical coal; oil and gas; fossil fuel generation; alcohol; gambling; and adult entertainment. Additionally, any investment that gets any revenue ...

Green moves: Agscent, HSBC

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025  |  NEWS
... represents 30 investors managing £1.2 trillion, said having shown climate leadership in the past by stopping finance for new oil and gas projects, responsible investors have now been left in the dark on just how committed the bank remains to playing ...

Australian Ethical calls out QBE over climate risk concerns

ELIZA BAVIN  |  THURSDAY, 8 MAY 2025  |  NEWS
... presents to its ongoing business, and the justification for its policy that allows the continued unrestricted underwriting of new oil and gas projects until at least 2030. As a major shareholder - owning $56 million worth of QBE shares as at 31 January ...

Warakirri adds kiwifruit orchards to farmland fund

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025  |  NEWS
... part of portfolio construction. It will specifically exclude assets involving the farming of tobacco, hemp, cannabis, palm oil, planned or historic deforestation, and short-hold farmland strategies. The fund's indicative portfolio spans a max of sectors ...

5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON  |  THURSDAY, 20 MAR 2025  |  NEWS
... 4792 had collectively invested about $212 billion (€123bn) into companies that are either actively ramping up production of oil, gas and coal, or lack a Paris-aligned coal phase-out plan. Of the total, about $40 billion (€23.5bn) is invested in oil ...

Active Super to pay $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025  |  NEWS
... Between 1 February 2021 and 30 June 2023, the super fund claimed it steered clear of investments in gambling, coal mining, oil tar sands, and Russian companies since the invasion of Ukraine. For example, an Active Super Responsible Investment report ...

IFM, partners get $250m injection for renewable fuels

ELIZA BAVIN  |  MONDAY, 10 MAR 2025  |  NEWS
... while working with GrainCorp to explore the supply of homegrown feedstocks, including increased crushing capacity for canola oil to the future plant. IFM Investors global head of asset management Danny Elia welcomed the announcement saying it was a "step ...
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