Oil Startup Backed by Ex-Goldman Commodity Chief Currie to IPO
The News
Jeff Currie, the former commodities chief at Goldman Sachs, is planning to raise £50 million through an initial public offering on the London stock market. The proceeds will be used to establish an oil production company in the Gulf of Mexico. Currie is known for his influential calls on energy markets during his tenure at Goldman Sachs.
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The Analysis
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No mention of community engagement or local impacts.
Jeff Currie was the former Goldman Sachs Group Inc. commodities chief.
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Key findings
Jeff Currie's calls made him one of Wall Street's best-known energy market strategists.
Opinion- No mention of community engagement or local impacts.
- Oil production may create jobs but also environmental risks.
Plain English
Loaded language removedJeff Currie, the former Goldman Sachs Group Inc. commodities chief whose calls made him one of Wall Street’s best-known energy market strategists, is preparing to raise £50 million ($67 million) in a London stock market listing to build an oil producer in the Gulf of Mexico.
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Claims
Jeff Currie's calls made him one of Wall Street's best-known energy market strategists.
OpinionJeff Currie was the former Goldman Sachs Group Inc. commodities chief.
BloombergJeff Currie is preparing to raise £50 million in a London stock market listing.
BloombergThe funds will be used to build an oil producer in the Gulf of Mexico.
Bloomberg