Bp Share Discussion Threads

[waldron] 04/6/2020 18:07

NOT UNDERSTANDING


Superiorshares
4 Jun '20 - 18:00 - 3901 of 3901
0 0 0
Waldron.. The death rate.

[superiorshares] 04/6/2020 18:00

Waldron.. The death rate.

[waldron] 04/6/2020 17:48

Brent Crude Oil NYMEX 39.52 -0.68%
Gasoline NYMEX 1.13 +0.87%
Natural Gas NYMEX 1.91 +0.05%
WTI 36.835 USD-0.35%

FTSE 100
6,341.44 -0.64%
Dow Jones
26,270.52 +0.00%
CAC 40
5,011.98 -0.21%
SBF 120
3,964.56 -0.10%
Euro STOXX 50
3,260.37 -0.23%
DAX
12,430.56 -0.45%
Ftse Mib
19,629.87 -0.06%


Eni
8.964 -0.39%



Total
36.115 -0.85%



Engie
11.36 -2.15%

Orange
11.315 +0.44%


Bp
336.2 -0.91%

Vodafone
137.16 +0.42%

Royal Dutch Shell A
1,389.2 -0.29%


Royal Dutch Shell B
1,334.4 -0.57%

[superiorshares] 04/6/2020 17:27

Coronavirus death rate . Will hit 400,000 by Tues morning at the latest.
Infections outpacing recovered by about 40,000 a day.
Einstein's compounding theory.
10-15,000 dead per day from October through to March.
1 million dead by September
3-5 million dead by March.
Be careful folks the stock markets are rising because of stimulus not fundamental s

[superiorshares] 04/6/2020 17:25

Coronavirus death rate . Will hit 400,000 by Tues morning at the latest.
Infections outpacing recovered by about 40,000 a day.
Einstein's compounding theory.
10-15,000 dead per day from October through to March.
1 million dead by September
3-5 million dead by March.
Be careful folks the stock markets are rising because of stimulus not fundamental s

[waldron] 04/6/2020 15:22

BP Discusses Sale of More Than $1 Billion Stake in Giant Oman Gas Project

Dinesh Nair and Laura Hurst, Bloomberg News








Signage is seen at a BP Plc gas station in Louisville, Kentucky, U.S., on Monday, April 27, 2020. BP is scheduled to released earnings figures on April 28. Photographer: Stacie Scott/Bloomberg

Signage is seen at a BP Plc gas station in Louisville, Kentucky, U.S., on Monday, April 27, 2020. BP is scheduled to released earnings figures on April 28. Photographer: Stacie Scott/Bloomberg , Bloomberg

(Bloomberg) -- BP Plc is in early-stage discussions to sell about a 10% stake in a key gas field in Oman as part of the energy giant’s plans to cut debt, according to people familiar with the matter.

London-based BP is talking with interested parties about cutting part of its 60% holding in the Khazzan natural gas field, the people said, asking not to be identified as the matter is private. The 10% stake is likely to fetch more than $1 billion and is drawing interest from other large energy companies, they said.

A stake sale would help BP deliver on its goal to achieve $15 billion in divestments by mid-2021 -- crucial for easing its debt burden. The company has bolstered its financial reserves as the double impact of the coronavirus pandemic and a crash in oil prices hit profits in the first quarter. In April, BP confirmed its commitment to completing the sale of its Alaska business to Hilcorp Energy Co. on revised terms.

No final decisions have been made, and there’s no certainty the deliberations will lead to a transaction, the people said. A representative for BP declined to comment.

Khazzan is unique because it’s one of the few fields outside the U.S. which uses the technology that kicked off the shale boom. While the rocks BP drills into aren’t shale, the company has applied hydraulic fracturing to boost output at the site. BP’s partner in the Khazzan field, Oman Oil Co., sold a 10% stake in the project to Malaysia’s state oil company in 2018.

In the same year, BP and Oman Oil signed off on the second phase of the onshore Khazzan project, called Ghazeer. The new field is expected to start production in 2021 and boost overall output by 50% to 1.5 billion cubic feet (42.5 million cubic meters) a day, BP said at the time. Ghazeer was tied in to Khazzan in April, almost a year before it was scheduled to start producing.

[waldron] 04/6/2020 15:20

4 june 2020, 14:04
53
BP's total investments in Azerbaijan hit $75 billion

Baku, June 4 - Neftegaz.RU. The total volume of BP's capital expenditure on Azerbaijan's oil & gas projects between 1995 and 2019 amounted to $75 billion, BP said in its 'Sustainable report of BP in Azerbaijan in 2019, AzerNews reported.

The invested projects include Azeri-Chirag-Guneshli (ACG) oil fields, Baku-Tbilisi-Ceyhan (BTC) oil pipeline, Shah Deniz and South Caucasus Pipeline (SCP) gas projects. BP's operating and capital expenditures on ACG field were $567 million and $1.746 million accordingly. Some 500.9 million tons of oil were produced from the ACG block of fields during the whole period from the beginning of development to the end of 2019.

As of the end of 2019, 125 producing, 46 water and 7 gas injection wells were in operation in ACG block. Furthermore, 116.8 billion cu m of gas and 28.2 million tons of condensate were produced from Shah Deniz field during the operation period. Out of which 16.8 billion cu m of gas and 3.6 million tons of condensate were produced in 2019.

Shah Deniz operating and capital expenditures in 2019 amounted to $544 million and $1.1 billion accordingly, the majority of which was associated with the Shah Deniz 2 project.

Moreover, in 2019, the Sangachal terminal exported 235 million barrels of oil through Baku-Tbilisi-Ceyhan pipeline and 28 million barrels of oil through Western Route Export pipeline. In addition, over 45 million cu m of Shah Deniz gas were exported from terminal daily during 2019.

Additionally, since the beginning of operation in 2006 until the end of 2019, BTC carried a total of more than 3.35 billion barrels of crude oil loaded on 4.381 tankers and sent to world markets. South Caucasus Pipeline's daily average throughput was 29 million cu m of gas per day during 2019.

Author: Ayya Lmahamad

[waldron] 04/6/2020 07:34

Oil producers pull out non-essential workers from Gulf of Mexico
Jun. 3, 2020 5:27 PM ET|About: Occidental Petroleum Corpor... (OXY)|By: Carl Surran, SA News Editor

Occidental Petroleum (NYSE:OXY) and Equinor (NYSE:EQNR) say they are removing non-essential workers from some Gulf of Mexico facilities ahead of Tropical Storm Cristobal.

Equinor says it will shut-in production at its Titan oil platform and remove remaining workers on Friday if the storm continues along its projected path, and Occidental says it is removing non-essential workers from some central Gulf facilities.

BP says it is removing offshore personnel and ramping down production at its Thunder Horse, Atlantis and Na Kika oil and natural gas production platforms in the Gulf.

Other Gulf of Mexico operators including BHP, Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM), Hess (NYSE:HES) and Royal Dutch Shell (RDS.A, RDS.B) say they are monitoring the storm but have not evacuated workers so far.

[waldron] 04/6/2020 07:33

Oil producers pull out non-essential workers from Gulf of Mexico
Jun. 3, 2020 5:27 PM ET|About: Occidental Petroleum Corpor... (OXY)|By: Carl Surran, SA News Editor

Occidental Petroleum (NYSE:OXY) and Equinor (NYSE:EQNR) say they are removing non-essential workers from some Gulf of Mexico facilities ahead of Tropical Storm Cristobal.

Equinor says it will shut-in production at its Titan oil platform and remove remaining workers on Friday if the storm continues along its projected path, and Occidental says it is removing non-essential workers from some central Gulf facilities.

BP says it is removing offshore personnel and ramping down production at its Thunder Horse, Atlantis and Na Kika oil and natural gas production platforms in the Gulf.

Other Gulf of Mexico operators including BHP, Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM), Hess (NYSE:HES) and Royal Dutch Shell (RDS.A, RDS.B) say they are monitoring the storm but have not evacuated workers so far.

[vecturaking] 04/6/2020 07:22

STRONG UNDERSTANDING BETWEEN RUSSIA AND SAUDI ARABAIA BP READY TO GAP UP

Saudi Arabia, Russia Agree to Extend Production Cuts as Oil Recovers

Saudi Arabia and Russia have agreed to extend record oil-production cuts through July, OPEC delegates said Wednesday, in a sign that many of the world’s largest oil producers are confident that oil demand will return quickly as coronavirus lockdown restrictions ease around the world.

[cassini] 04/6/2020 02:10

The US CDC (Center for Disease Control) published in May a revised death rate of Covid-19 of 0.4% for symptomatic victims. One-third of victims are not symptomatic. That puts the actual overall death rate at 0.26% (all age groups). That's not hugely more than the 0.1% attributable to annual flu and 0.2% in a really bad flu year. Enough to strain the NHS badly of course. Something had to be done of course, absent of a vaccine but total lockdown for everyone?

All the death rate estimates of 3.5%-5% at the start of this business were based on hospital admissions - which were the very worst cases anyway and thus massively overstated the mortality.

'Excess deaths' during this epidemic in the UK are something like 45,000 deaths attributable to the flu (3rd week in May) but there are another 15,000 deaths in excess which are not explained. It may be that people are being deprived of normal medical care due to all the restrictions around hospitals and GPs surgeries at the moment - in which case the lockdown itself is also causing people to die in significant numbers.

Finally, I believe Sweden didn't go for a full lockdown - just restrictions on mass gatherings - and hasn't suffered as badly per capita as the UK has. I haven't looked into this in detail but have seen the per capita figures. Surely they should all be dead by now?

I wonder if the intense media focus on this event hasn't blown it out of all proportion. If it bleeds, it leads etc. I don't watch mainstream TV media or read the newspapers any more as I actually no longer trust them on anything much. Too many agendas being followed or activism masquerading as journalism.

One thing is for certain - with the amount of economic damage done and social restrictions, no one in the public eye who backed the idea of lockdown for most of the population will be admitting to having overdone the reaction any time soon - or even attempting to look into it.

[ny boy] 03/6/2020 22:49

The rally continues over in the US, onwards & upwards, should see 350p+ this week.

[vecturaking] 03/6/2020 22:27

Don’t under estimate the Bp Rebound

The gap up will come I call 425pence

For your information Bp Owns nearly
20% of Roseneft valued today @ nearly $30 Billion Dollars

The March massacre was overdone
The Gap up will be swift and hear Soon

So you Shorters think twice before you sell this Stock

Sweet Dreams

[vecturaking] 03/6/2020 21:37

Get ready for a gap up tomorrow

I target 400 pence soon


Breaking news

Russia's Rosneft says BP chief Looney approved to board of directors

[grupo guitarlumber] 03/6/2020 18:19

Breaking News

Coronavirus: EasyJet falls out of the FTSE 100 after outbreak hits its market value

Wednesday 3 June 2020 18:17, UK


EasyJet has fallen out of the FTSE 100 index after its market value was hit by the coronavirus outbreak.

The airline lost as much as two-thirds of its market value during the peak of the pandemic and its market capitalisation was ranked only 125th based on the close of trading on Monday.

FTSE Russell, which announced its quarterly shuffle of the index on Wednesday, requires companies to be ranked at least 110th.

The change means easyJet falls into the FTFSE 250 index, along with cruise company Carnival, British Gas owner Centrica and engineering company Meggitt.

They make way for internet security company Avast, gambling company GVC Holdings, emergency repairs business Homeserve, and retailers Kingfisher.

On Tuesday, when it looked likely that easyJet would exit the top index, Russ Mould, investment director at AJ Bell, said: "EasyJet would need a big rally, but it could come back in September (when the next re-shuffle is due).

"With airlines, anything is possible."

[waldron] 03/6/2020 17:35

FTSE All Share index.

The next quarterly review will be based on June 2 closing prices and announced on
June 3.

stevenrevell
3 Jun '20 - 16:54 - 3879 of 3880
0 0 0
When’s the ftse 100 reshuffle next week


HAD THOGHT WE WOULD KNOW TODAY

[waldron] 03/6/2020 17:29

Brent Crude Oil NYMEX 39.14 -1.09%
Gasoline NYMEX 1.11 -0.78%
Natural Gas NYMEX 1.93 +2.94%
WTI 36.247 USD -2.29%

FTSE 100
6,382.41 +2.61%
Dow Jones
26,152.22 +1.59%
CAC 40
5,022.38 +3.36%
SBF 120
3,968.42 +3.22%
Euro STOXX 50
3,269.59 +3.75%
DAX
12,487.36 +3.88%
Ftse Mib
19,622.07 +3.43%



Eni
8.999 +2.60%

Total
36.425 +2.48%

Engie
11.61 +6.46%

Orange
11.265 +2.60%


Bp
339.3 +3.26%

Vodafone
136.58 +1.19%

Royal Dutch Shell A
1,393.2 +4.39%


Royal Dutch Shell B
1,342 +4.44%


TULLOW OIL (TLW) 26.25 GBX +6.79%

[stevenrevell] 03/6/2020 16:54

When's the ftse 100 reshuffle next week

[ariane] 03/6/2020 14:48

still above 333p resistence