Minded

Environmentally minded investors have filed a record 95 climate change-related shareholder resolutions with 82 North American companies this year, a 40% increase over the 2009 proxy season, according to the Ceres investor coalition. Targeted corporations include some of the world’s largest energy companies.

Environmentally minded investors have filed a record 95 climate change-related shareholder resolutions with 82 North American companies this year, a 40% increase over the 2009 proxy season, according to the Ceres investor coalition. Targeted corporations include some of the world’s largest energy companies.

The United States can achieve energy security only if it is able to convince lawmakers and litigation-minded stakeholders that allowing access to restricted areas would boost oil and natural gas reserves and not add to global warming concerns, a panel of energy experts said last week at the Offshore Technology Conference in Houston.

The United States can achieve energy security only if it is able to convince lawmakers and litigation-minded stakeholders that allowing access to restricted areas would boost the nation’s oil and natural gas reserves and not add to global warming concerns, a panel of energy experts said this week at the Offshore Technology Conference in Houston.

Tight natural gas plays were at the top of the list for acquisition-minded U.S. buyers in 2007, with merger and acquisition (M&A) total transaction value reaching $49.2 billion in 145 significant deals — both record highs — according to a report prepared by John S. Herold Inc. and Harrison Lovegrove & Co. Ltd.

Tight natural gas plays were at the top of the list for acquisition-minded U.S. buyers in 2007, with merger and acquisition (M&A) total transaction value reaching $49.2 billion in 145 significant deals — both record highs — according to a report prepared by John S. Herold Inc. and Harrison Lovegrove & Co. Ltd.

The merger of Norway’s Statoil ASA and Norsk Hydro ASA will create not only the world’s largest offshore oil and gas company, but an acquisitive-minded player that is expected to wield a much bigger stick in developing the deepwater Gulf of Mexico (GOM), analysts said last week. In the past two years, the companies have spent a total of $6 billion buying up property in the GOM, and executives said last week they expect to invest more resources in the region going forward.

The merger of Norway’s Statoil ASA and Norsk Hydro ASA will create not only the world’s largest offshore oil and gas company, but an acquisitive-minded player that is expected to wield a much bigger stick in developing the deepwater Gulf of Mexico (GOM), analysts said Monday. In the past two years, the companies have spent a total of about $6 billion buying GOM assets.

Volatility in commodity prices hasn’t stopped acquisitive-minded producers from paying top dollar to buy companies and build reserves in the past year. And even with the recent pullback in prices, energy analysts don’t expect to see a slowdown in mergers and acquisitions (M&A) anytime soon.