Energy

UK-listed energy stocks have rallied strongly in early trading as investors look for more M&A activity in light of Shell agreeing a £47bn takeover of BG Group.

Given their recent years of easy credit and higher oil prices, US shale companies may struggle to adapt to the fall in oil prices seen over the past six months, says Jonathan Waghorn, co-manager of the Guinness Global Energy fund

Hermes' Geir Lorde has said he is building his exposure to energy as valuations in the out-of-favour area are looking increasingly attractive.

The opportunities to make big returns in clean energy are growing but the routes to investment remain limited, explains Martina Turner, manager of the VAM Accessible Clean Energy fund

Geopolitics is likely to play a big part in the direction of markets and investors must play close attention to events in Russia and the Middle East, according to Smith & Williamson's James Burns.

Warren Buffett sold out of two of his energy stocks - including his position in the world's largest energy company ExxonMobil - as the oil price collapse accelerated at the end of last year.

Investec Asset Management's Bradley George is leaving his role as head of commodities and resources to take up a senior position with the group in the US.

BP group chief executive Bob Dudley is expecting oil to remain at current low levels for up to three years, leading to job losses and falling investment in the oil sector.

Niall O'Shea, head of responsible investment, Royal London Asset Management

Much of the oil in the ground may never be burned, if the world's temperature continues to rise. What effect will this have on traditional oil and gas players, and where else can investors look?