Colorado Oil & Gas Association’s Post

bp’s plans to ditch oil production target shows fiduciary duty trumps ESG. Having benefited from huge spikes in oil and gas prices during the aftermath of the Russian invasion of Ukraine in early 2022, bp’s share price has taken a beating in recent months. Paul Gooden, Ben Yearsley, Darius McDermott. Check out Linus Uhlig's latest article 👇 https://incm.pub/4h4CSvV #investment #wealthmanagement #assetmanagement #finance

The oil and gas rule has unprecedented public support from Americans regardless of party affiliation. Over 261,000 Americans submitted comments for the draft proposal, and 99.4 percent supported the reforms. Tell Congress to protect taxpayers and stop reckless attacks by signing this petition: https://ow.ly/pMHY50SNFz9. #ReformLeasing #OilandGas #Oilandgasreform #Conservation #Publiclands

Absolutely must happen and to include low carbon intensity renewable fuels as well.

Varcoe: 8,000 inactive oil and gas wells cleaned up in Alberta — 83,000 to go #banking #banks #banco #banca #banque #finance #finanzas #finanza

Albertans will now have a clear choice; prosperity or persecution of our oil and gas industry. It will be that simple in the next election. https://lnkd.in/g94MR85S

Banks Still Play a Major Role in Oil and Gas Funding. Despite increasing pressure to defund oil and gas firms in support of international decarbonisation efforts, many major banks are continuing to provide financing to fossil fuel companies. A recent report from the U.S. organisation Rainforest Action Network (RAN) and partners revealed that in the years following the 2015 Paris Agreement, the 60 largest private banks in the world provided $6.8 trillion in funding to fossil fuels. Over the past eight years, approximately $3.3 trillion went to fossil fuel expansion. These banks supported over… http://ow.ly/kXE9105ABef

The oil and gas rule to protect taxpayers and public lands is under attack because some members of Congress have introduced resolutions in both chambers to repeal commonsense reforms. The removal of the reforms would ensure oil and gas companies continue to rake in record profits while American taxpayers lose billions of dollars in revenues that could fund schools and infrastructure projects in their communities. Tell Congress to protect taxpayers and stop reckless attacks on the oil and gas rule by signing this petition: https://ow.ly/pxAw50SNBG1. #ReformLeasing #OilandGas #Oilandgasreform #Conservation #Publiclands

Key Rating Drivers: ✅️Sustained Fiscal Surpluses ✅️LNG Ambitions on Track and Expanded ✅️Government Debt Declining ✅️Large Sovereign Assets 🏦 Banks Represent Contingent Liability 📍Regional Stability Risks

"HM Treasury has confirmed its intention to inflation-adjust the price floor at which companies no longer have to pay the additional levy." "The introduction of a price floor – a base price at which the levy would fall away – has done little to restore investor confidence, because the average price has been set at $71.40 per barrel for oil and £0.54 per therm for gas – a level which is unlikely to be triggered." https://lnkd.in/ehgrztyn #oilandgas #uk #northsea #scotland #energysecurity #netzero #energytransition #windfalltax

Banks Still Play a Major Role in Oil and Gas Funding. Despite increasing pressure to defund oil and gas firms in support of international decarbonisation efforts, many major banks are continuing to provide financing to fossil fuel companies. A recent report from the U.S. organisation Rainforest Action Network (RAN) and partners revealed that in the years following the 2015 Paris Agreement, the 60 largest private banks in the world provided $6.8 trillion in funding to fossil fuels. Over the past eight years, approximately $3.3 trillion went to fossil fuel expansion. These banks supported over… http://ow.ly/kXE9105ABef