Archive

  • Investors should move on stranded asset risk 'sooner rather than later', warns bank

    28 October 2014

    Investors with a focus on sustainability should begin to take action to mitigate the threat of 'stranded fossil fuel assets' sooner rather than later, a bank research note has advised.

  • Carbon Tracker identifies potential stranded assets in oil majors

    15 August 2014

    Projected capital expenditure by Total and ExxonMobil is more heavily dependent on high oil prices than that of other oil majors, according to the Carbon Tracker Initiative (CTI), a financial think tank.

  • Will there be blood?

    16 July 2014

    The stranded carbon assets debate has gathered steam in the wake of a new report on the oil sector and after fossil fuel giants addressed the issue for the first time. What are the implications for investors, asks Peter Cripps.

  • Cenovus wades into stranded assets debate

    30 May 2014

    Canadian oil firm Cenovus Energy has become the latest fossil fuel company to engage in the debate on 'stranded carbon assets'.

  • Shell considers 'stranded assets' risk when screening projects

    29 May 2014

    The possibility that certain oil and gas assets may become 'stranded' as a result of government regulations to combat climate change is included in contingency plans when Royal Dutch Shell assesses potential new projects, a company spokesman said.

  • Exxon disappoints investors with response to 'stranded assets' risk

    01 April 2014

    ExxonMobil has rejected the suggestion from several investor groups that much of its fossil-fuel reserves will be rendered 'unburnable', as a result of global efforts to combat climate change.

  • People moves

    31 March 2014

    The industry's most important recent moves, including new roles for Martin Skancke, Charles Gooderham and Zoe Knight. Appointments have been announced for Standard Bank, Tau, SolarCity and Bridges Ventures, among others.

  • Exxon Mobil to report on 'stranded assets' risk

    21 March 2014

    Energy giant Exxon Mobil has bowed to shareholder pressure to report on how it assesses the risk of its fossil fuel reserves becoming 'stranded assets' as a result of action to combat climate change.

  • NGOs claim victory as Arctic drilling platform plans scrapped

    25 October 2013

    Plans to build two Arctic oil drilling platforms have been scrapped after environmentalists warned the project's financiers that the activities would jeopardise the future of one of the most endangered whale species.

  • Non-toxic investments

    19 June 2013

    Investors need to raise more questions about the financial risks arising from hazardous chemicals produced and used by a range of companies, says Sonja Haider