Search Results for: Energy
What Are the Odds that the 2020-2022 Olympics Will Be Cancelled?
August 25th, 2016
It’s tough to pay for an Olympics when 95% of your supposed “wealth” has vanished. In the modern era (1896-present), the Olympics have only been cancelled in wartime: 1916 (World War I), 1940 and 1944 (World War II). But ...
Cyprus, Lebanon, Egypt, and Israel are issuing a new series of natural gas exploration licenses
August 25th, 2016
The major natural gas reservoirs that have been discovered off the Mediterranean shores in recent years have made the region a focus of international interest. The past few months have been especially lively, with Lebanon, Egypt, Cyprus, and Israel ...
STOXX Changes Composition Of Benchmark Indices
August 24th, 2016
STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North ...
The World’s Top Performing Hedge Fund Is Shorting Big Dividends
August 24th, 2016
Oslo Asset Management’s AAM Absolute Return grew 58.5% in 2015 Companies paying dividends rewarded with generous valuations The world’s top performing hedge fund is shorting companies that are juicing their valuations by promising investors big dividends. AAM Absolute Return ...
Asian Shares Mixed as Oil Prices Fall and Dollar Drops
August 23rd, 2016
Markets await policy details from the U.S. Federal Reserve’s annual meeting at Jackson Hole Shares in Asia were mixed Tuesday, as oil prices fell and the U.S. dollar weakened ahead of a key meeting of Federal Reserve officials and ...
Iran focusing on gas exports to Europe
August 22nd, 2016
Iran has concentrated mainly on liquefied natural gas (LNG) in its plans for gas exports to Europe, Oil Minister Bijan Namdar Zanganeh announced. The Oil Ministry’s plans are rather focused on LNG when it comes to the export of ...
Brent oil hovers above $50 on signs of a tighter market
August 19th, 2016
Oil prices headed higher on Friday morning, even amid some profit taking profit-taking in Asia, with Brent prices pushing past $51 a barrel, underscoring the investors’ belief that oil market is tightening. On the New York Mercantile Exchange, light, ...
UBS’ blockchain chief is leaving
August 18th, 2016
The man leading UBS’ exploration of blockchain and cryptocurrency technologies is leaving the bank, according to an internal memo seen by Business Insider. Alex Batlin is leaving “to pursue an opportunity outside of UBS” the memo written by UBS’ ...
UK competition watchdog sets out provisional concerns about ICE/Trayport merger
August 17th, 2016
The Competition and Markets Authority (CMA) has provisionally found that ICE’s acquisition of Trayport may give rise to competition concerns. Intercontinental Exchange, Inc. (ICE) is the largest operator of exchanges and clearinghouses in the trading of European utilities. It ...
Oil price heads for $50 after Russia stokes output-deal rumour
August 16th, 2016
Energy minister Alexander Novak pumps up hopes ahead of production talks next month Oil has enjoyed its best three-session gain for four months and the benchmark that sets prices in the North Sea is moving towards $50 a barrel ...
