Centrica Share Discussion Threads

[wendsworth] 06/5/2021 10:27

grupo: Looks like a break out in the share price . It's been threatening it for the last week or so. Has some news leaked prior to next week's AGM. With Board aiming to enhance shareholder value after years of decline will there be an announcement regarding restoration of the dividend ?

[grupo] 06/5/2021 09:09

Centrica
57.02 +1.60%

[waldron] 06/5/2021 07:05

European markets set for mixed open with earnings, Bank of England, elections in focus

Published Thu, May 6 20211:10 AM EDTUpdated 49 Min Ago

Elliot Smith
@ElliotSmithCNBC


Key Points

The Bank of England announces its monetary policy decision at noon London time and is expected to keep its benchmark lending rate and quantitative easing program unchanged for now

It’s another busy day for corporate earnings in Europe, with AB InBev, Societe Generale, Air France-KLM, Volkswagen, ING and UniCredit among the blue chip companies reporting.

European markets are set for a muted open on Thursday as investors monitor a slew of corporate earnings and await the latest monetary policy decision from the Bank of England.

Britain’s FTSE 100 is seen around 4 points higher at 7,043, Germany’s DAX is expected to fall by around 15 points to 15,156 and France’s CAC 40 is set to open flat at 6,339, according to IG data.

[waldron] 05/5/2021 07:53

Oil prices rise after steep drop in U.S. crude inventories

Sonali PaulKoustav Samanta

3 minute read



Oil prices rose on Wednesday, extending gains from the previous session after industry data indicated U.S. crude stocks fell much more than expected last week, reinforcing bullish views on fuel demand in the world's largest economy.

U.S. West Texas Intermediate (WTI) crude futures rose 48 cents, or 0.7%, to $66.17 a barrel at 0440 GMT, after climbing to $66.58, a level not seen since March 8.

Brent crude futures were up 49 cents, or 0.7%, at $69.37 barrel after touching a more than seven-week high of $69.78 earlier in the session.

Both benchmark contracts rose nearly 2% on Tuesday ahead of data from the American Petroleum Institute (API) industry group.

[waldron] 05/5/2021 07:40

European markets set for higher open as investors monitor earnings, data

Published Wed, May 5 202112:44 AM EDT

Elliot Smith
@ElliotSmithCNBC


Key Points

It's another busy day for corporate earnings in Europe on Wednesday with Stellantis, Allianz, Commerzbank and Deutsche Post DHL Group among those reporting before the bell.

Final composite and services PMI (purchasing managers' index) readings for April are due out of Italy, Germany, France and the wider euro zone on Wednesday morning.

LONDON — European stocks are expected to open higher Wednesday as investors digest a fresh round of corporate earnings and key economic data out of the euro zone.

Britain's FTSE 100 is set to climb around 39 points to 6,962, Germany's DAX is expected to gain around 97 points to 14,953 and France's CAC 40 is seen around 16 points higher at 6,268, according to IG data.

[maywillow] 04/5/2021 16:45

Spirit contracts rig for North Sea Oda well

Spirit Energy and its partners have sanctioned a new infill well at the Oda field in the southern Norwegian North Sea.

May 4th, 2021

Spirit Energy)

Offshore staff

STAVANGER, Norway – Spirit Energy and its partners have sanctioned a new infill well at the Oda field in the southern Norwegian North Sea.

Drilling should take place during September or October. The jackup Valaris Viking will spud the well, in a water depth of 65 m (213 ft), directly after finishing work for another operator offshore Norway.

Petter Myhre, asset manager for operated production at Spirit, said: “Since the Oda field started production in March 2019, we have gained good understanding of the reservoir. Based on this knowledge, a new infill well will accelerate production from Oda and produce the oil from the field even faster.”

Oda produces to the Aker BP-operated Ula field center via two subsea production wells and one water injector for pressure support.

The oil is exported via the Ekofisk complex through the Norpipe pipeline to the Teesside terminal northeast England. Oda’s gas is used for improved recovery at Ula.

Other license partners are Suncor Energy, DNO, and Aker BP.

[grupo] 04/5/2021 09:14

Real-time Estimate Quote. Real-time Estimate Cboe Europe - 05/04 09:13:29 am

57.29 GBX +1.43%

[waldron] 04/5/2021 07:33

European markets head for mixed open following the global trend

Published Tue, May 4 20211:08 AM EDTUpdated An Hour Ago

Holly Ellyatt
@HollyEllyatt


Key Points

European stocks are expected to open in flat-to-lower territory on Tuesday, following similarly mixed sentiment elsewhere.

London’s FTSE is seen opening 3 points lower at 6,973, Germany’s DAX down 34 points at 15,202, France’s CAC 40 down 18 points at 6,290 and Italy’s FTSE MIB 41 points lower at 24,379, according to IG.

[wendsworth] 03/5/2021 17:26

AGM next Monday. Could be postive for the share price

[the grumpy old men] 03/5/2021 08:53

Centrica
56.66 +1.07%

[waldron] 03/5/2021 07:38

European markets head for higher open; UK market closed

Published Mon, May 3 20211:51 AM EDT

Holly Ellyatt
@HollyEllyatt

Key Points

European stocks are expected to open higher on Monday on the first trading day of May; U.K. markets are closed for the May Day public holiday.

Germany's DAX is expected to open 43 points higher at 15,179, France's CAC 40 is seen 13 points up at 6,280 and Italy's FTSE MIB is seen gaining 37 points at 24,178, according to IG.

[bookbroker] 02/5/2021 13:14

Nice reports, when and if CNA announces process to start up sale process these announcements should ensure rich valuation for their share in Spirit.

[the grumpy old men] 02/5/2021 10:27

North Sea Field Gets Life Extension
by Andreas Exarheas
|
Rigzone Staff
|
Thursday, April 22, 2021
submit to reddit
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North Sea Field Gets Life Extension
Spirit Energy has announced that its 100 percent owned York gas field has been given another three years of life following a successful extension project.

Spirit Energy has announced that its 100 percent owned York gas field has been given another three years of life following a successful extension project.

The Southern North Sea field achieved first gas from the project, which was sanctioned in May 2020, on April 18. The project is expected to result in an extra 18 billion cubic feet of gas, according to Spirit, which said the field is important for the company. York has produced 45 billion cubic feet of gas over the past eight years after first coming online in 2013.

Extension work at the field comprised activities both onshore and offshore, including a walk to work campaign. The project included re-routing the York gas to the Dimlington Gas Terminal, accessing its onshore gas compression facility, moving from its previous export route via the Easington Gas Terminal.

“First gas from the project is a result of hard work and determination of the joint team of Spirit Energy, Perenco, Centrica Storage Limited, and our supply chain partners,” Girish Kabra, Spirit Energy’s director for North Sea operated assets, said in a company statement.

“It is good to see York producing safely again after a short pause for the life extension project … It’s a great achievement and we’ve done it despite the challenges from the Covid-19 pandemic,” Kabra added.

“Access to low pressure compression at Dimlington brings a new chapter to the York field, giving a minimum of three years extension to its producing life. There is some non-first gas related work remaining on the project, including a well intervention to further optimize production, which is scheduled to be completed later in the year,” he continued.

Spirit Energy is an exploration and production company focused on the UK, Norway, and the Netherlands. The business was formed in 2017 following the combination of Centrica plc’s exploration and production business with Bayerngas Norge AS.

[the grumpy old men] 02/5/2021 10:22

Spirit Energy approves Oda infill well

Spirit Energy Ltd. and its partners plan to start drilling an infill well in September-October of this year to accelerate production from Oda field in PL 405 in the North Sea.
OGJ editors
Apr 28th, 2021

Spirit Energy Ltd. and its partners plan to start drilling an infill well in September-October of this year to accelerate production from Oda field in PL 405 in the North Sea.

The Valaris Viking jack up drilling unit has been contracted. The unit is currently on contract with another operator on the Norwegian continental shelf.

Oda field, in 65 m of water 13 km east of Ula, started production in March 2019 (OGJ Online, Mar. 19, 2019). It was developed as a subsea installation with two production wells tied-back to Ula field and one water injection well for pressure support. Oil is exported to Ekofisk and further on the Norpipe pipeline to the Teesside terminal in the UK. Gas from Oda is sold to Ula and used to improve recovery at the field.

Spirit Energy is operator at Oda with 40% interest. Partners are Suncor Energy (30%), DNO (15%), and Aker BP (15%

[bookbroker] 02/5/2021 09:39

Next big rise will come with the announcement to divest or sell Spirit Energy.

[waldron] 01/5/2021 10:03

Delayed London Stock Exchange - 04/30 04:35:48 pm

56.66 GBX +1.07%

[netcurtains] 30/4/2021 10:50

IS the LSE website broken?
Everytime I go there to look at the trades my whole
web browser freezes.

[netcurtains] 30/4/2021 09:59

(CI: I sold SHOE ages ago - I did say on the thread - I always say).
I'm in quite big on CNA.
I do like the story.

[cleverinvester] 30/4/2021 09:40

Netcurtains you out of SHOE? I sold the last this week..Just not so sure about it anymore

[netcurtains] 30/4/2021 08:08

I bought a few more this morning. Time will tell....
"Have to be in it to win it"

[netcurtains] 30/4/2021 08:04

!FOLLOWFEED

CNA traders thread showing volume and RSI etc etc
I just like to see volume etc

[grupo guitarlumber] 29/4/2021 09:30

Centrica
56.02 +0.97%

[wendsworth] 28/4/2021 12:41

SP begining to turn back up in lead-in period to AGM.