Gulf Keystone Petroleum Share Discussion Threads

[steephill cove] 18/5/2021 10:27

3 back to back RNSs in a span of 3 minutes...very interesting!

[sbb1x] 18/5/2021 10:22

The count down to 75$ oil is coming lions

[nestoframpers] 18/5/2021 10:11

Why exclude the 5th largest oil producer from Davos ?


Baghdad / NINA / The expert in economic affairs, Raad Twig, said that excluding Iraq from the International Davos Forum held last month is a wake-up call for decision-makers in the country.

Twig said in a statement to the Iraqi National News Agency / NINA / that "the Davos International Forum is a global economic forum that discusses economic developments in the world, and the exclusion of Iraq from it for the lack of quality education, whether at the level of higher and primary education, represents a warning bell for decision-makers in the country, so institutions must Al-Iraqiya should not listen to this warning, update economic policies, and change the essence of education in Iraq in order for it to be productive education.

He added: "In practice, the quality of education is the first step towards building an economy that can support 40 million people, which will double to 80 million after two decades, and this represents a wake-up call for decision-makers in the country to put the right man in the right place in the leadership of distinguished economic and educational institutions. Stereotyped. "

Twig stressed "the necessity to search for scientific methods to start from the state of immersion in the static and monotonous economy, and to launch a major economic process to obtain high growth rates equivalent to the high population growth rate", indicating: "The projections for annual growth rates in Iraq indicate 1.8%, and it is necessary." From the acceleration of major, immediate, real and realistic economic development, and the necessity of keeping political interference away from economic reality. "

He continued, "Improving the quality of education is not by training a number of students on specific exams, but by spreading knowledge collectively to the Iraqi community as a whole and not in a piecemeal fashion, and that will have an economic impact on society, which will raise the name of Iraq high in Davos and other forums." / End 8

hxxps://ninanews.com/Website/News/Details?key=904744

[nestoframpers] 18/5/2021 10:05

SHC Re obituary , who ever it was who designed the PF facility got it wrong and cost us many attempts to debottle neck so it worked properly, it wasn't cheap either $30 mill I think . Crazy when you can lease them I believe. I'd have thought the PF was standard stuff to do but happy to be corrected.

[pensioner2] 18/5/2021 09:29

Pound/Dollar now 1.42. A bit of a Brexit buffer against the higher oil price and inflation generally.

Here they've run out of stock again. No sellers = no buyers and the two trading desks have given up. :-)

[beernut] 18/5/2021 09:10

Yea Pensioner if it’s all tied up it could be fireworks time soon.

[eddie47] 18/5/2021 09:08

I noticed he was very sheepish at the Dublin AGM 2016 and slipped out of the room at the end to avoid circulating with the PIs.

[pensioner2] 18/5/2021 09:05

That's a fair question, eddie. It was strange how he resigned GKP once all the hard work was done. Hanging around would have been a just reward for his efforts - unless he's getting that in another way.

[beernut] 18/5/2021 09:05

Wasn’t it CNPC that did the logging samples on Shaiken a year or two ago.

Sinopec own/ partner CNPC.

Sinopec Corporation is a partner in Petrodar Operating Company Ltd., a consortium whose partners also include China National Petroleum Corporation (CNPC, the 90 per cent owner of PetroChina) and Sudapet (the Sudanese state-owned oil company), among others.

[eddie47] 18/5/2021 09:01

Was Sami Zouari really working for Sinopec all along?

[beernut] 18/5/2021 08:52

Parliament Waiting for Political Parties’ Opinion to Resume Drafting of Kurdistan Constitution
Basnews English 2021/05/17 - 15:39 Kurdistan


ERBIL — Kurdistan Region Parliament is now waiting for the official opinion of the political parties in the region to resume the drafting process of the Constitution of Kurdistan.

Head of Parliament’s Media and Communication Department, Saman Ahmed, told Kurdistan 24 that the political parties have been notified to deliver their official opinion, which is expected to happen this week.

The parliament, through its specialized committees, has already drafted 70 articles from the future constitution. It is now asking if the political parties prefer the process to resume from where it was left, or begin with a new framework.

MP Zana Mala Khalid, from the ruling Kurdistan Democratic Party (KDP), said his party believes the participation of not only the parliamentary factions, but the political parties, including religious minorities, is crucial to build a powerful constitution.

The parliament itself is in favor of preparing the constitution before the upcoming parliamentary elections in Kurdistan, and to approve it during the referendum in which people could directly vote for or against it.

[beernut] 18/5/2021 08:48

Sinopec squired Addax / oryx group back in 2009 after bidding war with Korea oil.
Sami zoura left Gkp and now works for Oryx kurdistan
Mmmm

[hangthedj] 18/5/2021 08:27

Payments - Just checking I have this right?
KRG have been stretching agreed 15 days payment schedule to about 45 days and next payment is due by end of May on the 60 day terms imposed on us.

Last payment - oil produced Feb - invoiced 1st March (presumably) - paid on 12th Apr.

Next payment - oil produced Mar - invoiced 1st April - payment due by end of May (allowing 60 days)

[eddie47] 18/5/2021 07:27

More stories of Sinopec looking at M&A. Now let's see if there is going to be speculation of the targets! LOL.

[beernut] 18/5/2021 06:21

China’s Sinopec eyes upstream M&A

Chinese national oil company Sinopec is eyeing upstream merger and acquisition opportunities.
18/05/2021, 5:09 am
By Damon Evans

A China Petroleum & Chemical Corp. (Sinopec) logo is displayed on a podium at a news conference in Hong Kong, China. Photographer: Justin Chin/Bloomberg
A China Petroleum & Chemical Corp. (Sinopec) logo is displayed on a podium at a news conference in Hong Kong, China. Photographer: Justin Chin/Bloomberg
Chinese national oil company Sinopec is eyeing upstream merger and acquisition opportunities.

“Sinopec continues to acknowledge that its upstream resource foundations are weaker versus peers, and this could be an area of M&A. Given strong chemicals growth and spreads, it doesn’t expect to be making acquisitions in the chemicals segment near term,” reported investment bank Macquarie.

Presenting at the Macquarie DELTAH conference, Sinopec reiterated it sees $60 to $75 per barrel oil prices as a sweet spot where all businesses are quite profitable. Macquarie sees the current macro settings as very attractive. If oil prices do start to track above $75/b, some pressure starts to emerge with windfall profits tax, price caps and declining chemical margins, reported Macquarie.

Sinopec’s 10 hydrogen refuelling stations are already profitable after accounting for subsidy. Sinopec intends to build up to 1,000 stations during the 14th full year plan period, and expects unit costs of hydrogen distribution will fall dramatically – it is the largest hydrogen distributor and intends to accumulate more experience in hydrogen marketing. It intends to increase capacity in green hydrogen. Currently, it is effectively distributing grey hydrogen to kickstart refuelling demand, said Macquarie.

[sbb1x] 18/5/2021 05:33

Good morning LionsBrent 69.71$If we don't get into 70$ oil today I'll be shocked.Might see a Big fat oil draw tonight fingers crossed Big love x

[gazebo79] 17/5/2021 21:33

Thought id have a change of scenery from LSE.212million shares with 50mil$ divedends. Whens the rocket coming.Gotta be some serious volume before long.People of the planet must like seeing a return like above so im expecting the volume before long .GL