Ex-Goldman Analyst Jeff Currie Is Getting Into the Oil Business

Jeff Currie, the one-time Goldman Sachs Group Inc. commodities strategist known for shaping investor views on energy markets, has co-founded an oil and gas company.Author of the article:You can save this article by registering for free here. Or sign-in if you have an account.(Bloomberg) — Jeff Currie, the one-time Goldman Sachs Group Inc. commodities strategist known for shaping investor views on energy markets, has co-founded an oil and gas company.Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.The new business, 1947 Oil & Gas Plc, has struck its first deal, agreeing to acquire small Gulf of Mexico producer Renaissance Offshore LLC, according to a statement Friday. Currie founded the new company alongside Ivan Murphy, a natural resources investor and former Cove Energy Plc director.Currie, 59, spent more than two decades at Goldman, where he served as global head of commodities research and became one of Wall Street’s most prominent voices on oil markets. He later joined Carlyle Group Inc. as chief strategy officer for energy pathways.1947 takes its name from the first offshore oil well drilled out in the Gulf of Mexico beyond the sight of land, according to the company’s website. While the shale boom has propelled US crude production to the No. 1 spot in recent years, the country’s offshore output remains a key source of oil. Output in the gulf currently stands at about 2 million barrels a day.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Renaissance produces about 3,000 barrels of oil equivalent a day in shallow waters in the gulf. Output is targeted to rise above 4,000 barrels a day next year.Oil Industry veteran Tim Duncan, founder of Talos Energy Inc., is 1947’s executive chairman. Brian Romere, Renaissance’s president and finance chief, will serve in the same capacity at the new company.(Updates with detail on company name in fourth paragraph.)Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.365 Bloor Street East, Toronto, Ontario, M4W 3L4© 2026 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited.This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.You can manage saved articles in your account.and save up to 100 articles!You can manage your saved articles in your account and clicking the X located at the bottom right of the article.