Bp Share Discussion Threads

[waldron] 05/6/2020 07:47

On 17 December 2015, the CJR ordered Lagarde to stand trial before it for alleged negligence in handling the Tapie arbitration approval.

In December 2016, the court found Lagarde guilty of negligence, but declined to impose a penalty

[waldron] 05/6/2020 07:39

European markets set to edge higher ahead of key U.S. jobs report
Published Fri, Jun 5 20202:08 AM EDT

Elliot Smith
@ElliotSmithCNBC

Key Points

The ECB on Thursday announced a 600 billion euro ($672 billion) expansion of its Pandemic Emergency Purchase Programme (PEPP), a larger increase than analysts had been expecting.

European markets are expected to open higher on Friday as investors digest an expansion of the European Central Bank’s bond-buying program and await the U.S. nonfarm payrolls report due later in the day.

Britain’s FTSE 100 is seen around 52 points higher at 6,394, Germany’s DAX is expected to open around 145 points higher at 12,576 and France’s CAC 40 is set to climb around 49 points to 5,061, according to IG data.

[superiorshares] 05/6/2020 07:28

Waldron .. didn't I tell you that yesterday. Nigeria one of the culprits being naughty. Russia and the Saudis have agreed to another month of production cuts.
I like Jim Cramer. They call him the Dollar sign masquerading as a Man :-).
Jim Cramer knows full well what causes the biggest Transfer of wealth its Stimulus by the moronic Central Banks. He is a recipient of the benefit of Stimulus, because he is incredibly wealthy !. He is very happy with stimulus.
Stimulus does nothing but artificially inflate asset prices.
The European Central Bank one of the biggest culprits. Feathering the nests of the Billionaire champagne Socialists.
On the subject of rich Socialists.. Christine Lagarde , before she was gifted the job of Head of the IMF. She was the French Finance Minister. If my memory serves me right, whilst in that position she was charged with embezzlement and corruption. Whatever happened to that ?

[waldron] 05/6/2020 05:43

Jim Cramer: The pandemic led to ‘one of the greatest wealth transfers in history’

Published Thu, Jun 4 20207:18 PM EDT

Tyler Clifford
@_TylerTheTyler_

Key Points

The coronavirus pandemic has produced “one of the greatest wealth transfers in history,” CNBC’s Jim Cramer said.

“The bigger the business, the more it moves the major averages, and that matters because this is the first recession where big business … is coming through virtually unscathed,” the “Mad Money” host said.

“I think we’re looking at a V-shaped recovery in the stock market, and that has almost nothing to do with a V-shaped recovery in the economy,” he said.

[superiorshares] 04/6/2020 21:05

Thankyou.
Regards to you

[waldron] 04/6/2020 20:12

SS

I will just say, please be careful and vigilent

look after your fragile relations as we do here in france

i being an old codger will be off to the eye doctor tomorrow and must wear a mask

i hope its not serious cause i would loath having to go to the hospital

chuckle and cheers

take care

[superiorshares] 04/6/2020 20:05

Waldron. Those poor people in China are back in the factories. Watch CNBC it gives you all the data on manufacturing output etc. It even gives you pollution levels as a gauge to activity
As I Say
CAVEAT EMPTOR !!!!!

[superiorshares] 04/6/2020 20:00

Oh Germany yes. All you investors out there. The 2008 financial crisis. The western banking system all but collapsed, every bank needing a bailout with the exception of the Hong Shanghai Banking corporation and the then World's biggest bank by net asset value Deutsche bank. All the Europhiles crying ' Do you see, Do you see what happens when you don't fully engage in the European Union '. It all turned out to be a German/ EU lie didn't it. Deutsche Bank finally admitting it had trillions in 2008 junk debt. 13 years later they announce they need to create a bad bank. Deutsche bank now nothing but a Nationalised basket case !. So 2020 and Coronavirus. Germany an extremely high infection but an incredibly low death toll compared to countries with comparable or better health care system s. It's because of testing shout the Europhiles ' do you see do you see what happens when you don't do enough testing ! '. No it's as the banking crisis they are lying about the cause of death. There will be an unexplained jump in their annual death rate when they are next announced.
Waldron you don't need to wait on anything with regard to Sweden . It's all over the news with regard to their refusal to lockdown and their death rate.
In fact one of their politicians has already publicly apologised for getting it all wrong !.
Waldron last one this is with regard to BP. Because BP is in the Oil industry and the rapidly escalating Coronavirus infections and the resulting reduction in consumptionare are going to cause it enormous problems !
Regards

[waldron] 04/6/2020 19:38

Superiorshares
4 Jun '20 - 19:31 - 3909 of 3909

follow how many of those so called poor people will return to gainful employment

the lockdowns will hurt more people than this virus

[waldron] 04/6/2020 19:23

Looks like we can start referring to the Box channels,resistences and supports

THE WISH LIST


300 to 330p
330 to 360p$$$$$$$$$$$WE ARE HERE$$$$$$$$$$$$$$$$$$
360 to 390p
390 to 420p
420 to 450p
450 to 480p
480 to 510p



As already mentione the first hurdle is surpassing the 333.50p strong resistence

Channel seems to be trending up



CUT RIGHT THRU THE 333p resistence and presently standing at 336.20p

Confirmation hopefully tomorrow

[waldron] 04/6/2020 19:21

Now back to BP

Its still holding above the 333p resistence

[waldron] 04/6/2020 19:13

Cannot make a judgement on any country yet, not even Sweden

early days

Agree the death toll not a guess but did the virus just agrevate a already seriuos condition suffered by fragile persons

look at germany and franch as an example

the trend is reducing unless of course there is a second wave

I feel more will die due the lockdown than any direct connection to the virus

[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