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Norway's $900bn sovereign wealth fund told to reduce coal assets

2015-05-28 08:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Norways $900bn sovereign wealth fund, the worlds largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday. The finance committee agreed in a bipartisan motion that the fund, which owns about 1.3% of all listed companies globally, should sell stakes in firms that generate more than 30% of their output or revenues from coal-related activities. Already under pressure from Norways political...

Tags: told reduce fund assets

 

International Western Petroleum acquires interest in two oil assets in Texas, US

2015-05-28 01:00:00| Hydrocarbons Technology

US based International Western Petroleum (IWP) has completed acquisition of working interests in two multi-well production assets in the Bend Arch region of Texas from its partner International Western Oil.

Tags: us international interest western

 
 

Norway's $900 billion sovereign fund told to reduce coal assets

2015-05-28 00:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Norway's $900 billion sovereign wealth fund, the world's largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday. The finance committee agreed in a bipartisan motion that the fund, which owns about 1.3 percent of all listed companies globally, should sell stakes in firms that generate more than 30 percent of their output or revenues from coal-related activities. Already under pressure from...

Tags: told reduce fund assets

 

RECon Attendees Describe a Stalled Acquisition Environment as Available Assets Become Harder to Find

2015-05-19 06:00:00| National Real Estate Investor

A fair number of attendees at the 2015 RECon show is talking about how the influx of investment capital into the U.S. real estate market and uncertainty surrounding the next interest rate hike have combined to make owners hold on to their assets far too tightly. read more

Tags: to find environment describe

 

Moseley Associates, Inc. Acquires Assets Of E-Band Communications

2015-05-19 04:24:32| rfglobalnet Home Page

Moseley Associates, Inc. announced that it has completed an agreement to acquire the assets, intellectual property rights as well as key employees of E-Band Communications Corp.

Tags: communications associates assets acquires

 

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