HBR - Let’s also continue to look at rising O&G prices, particularly UK and European Gas prices!
And HBR undoubtedly looking extremely cheap here with Brent, UK and European Gas prices all continuing on a tear with UK Gas prices currently still trading at an amazing 100+ pence per therm while European Gas prices are also trading at another amazing 40+ EUR/MWh, so all looking great for the 60/40 split newly diversified much expanded HBR (60% Gas - 40% Oil, post a very successful and astute Wintershall Dea M&A) and with Brent now also rapidly on the rise again today! |
Yes a very sensible move,the sentiment around the north sea now is not favourable for any meaningful investment.Harbour can easy invest elsewhere and into growing markets,for example i would not mind them investing or teaming up with Petro Matd ( LON:MATD) as they are literally about to start production tomorrow and they have some very interesting blocks in the Tamsag Basin.Harbour could make some steady gains in that type of investment and the regulatory enviroment there is very positive.
Happy days
wskill 24 Oct '24 - 08:10 - 5015 of 5016
Well done to management I say why spend any cash developing north sea oil and gas when they can make much more anywhere else in the world
Lets get back to a sensible valuation |
Agree as well! |
Agreed good move |
Well done to management I say why spend any cash developing north sea oil and gas when they can make much more anywhere else in the world .
Lets get back to a sensible valuation |
Sbbx1 is back. 700p incoming again. Give it up son. |
Nice move - time to vote with feet. |
Add to this the Trump election fiasco. Watch Ireland capitalize on this. I don't see any French or German delegations in the US. Too smart More hi tech/pharma jobs for Europe. |
Cannot see Labour lasting a full term, absolute idiots the lot of them. |
Nice to see more UK and Scottish jobs heading stateside. Tough luck boys.....thank ED and crew. You voted for them. |
I assume this article is the reason for the price pop towards the bell. |
700 incoming:) |
UK & European Gas Prices now at YTD Highs here (New HBR is 60% Gas) along with a weakening £GBP Vs $USD (£GBP now once again trading under $USD 1.30), all very good for the clearly way undervalued/oversold HBR where again as with any investment patience is key, especially post upcoming US elections, GLA! |
Sp ia all that matters |
EIA weekly crude oil inventories -2191K vs +1835K expected
Highlights of the weekly US oil report from the EIA
Crude oil inventories -2191K vs +1835K expected
Gasoline inventories -2201K vs -1471K expected
Distillates inventories -3543K vs -2181K expected
Refinery utilization +1.0% versus expectations of -0.6%
Private oil inventories released late yesterday:
Crude -1580K
Gasoline -5926K
Distillates -2672K |
 Are you people aware of this?
'Wood, a global leader in consulting and engineering, is leading a Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable Carbon Capture, Utilisation and Storage (CCUS) projects.
The guidelines are the first of their kind to focus on the impact of impurities in CO2across the entire CCUS value chain. These findings aim to accelerate the pace and growth of the CCUS industry by creating a CO2 conditioning standard to meet safety, environmental, technical and operational requirements.
Wood established the JIP to collate industry research and the experiences of operators currently operating in the CCUS space to determine the effects of impure CO2 in existing carbon capture chains. The findings from this collaboration determined the negative impact impurities from CO2 capture can cause from transportation through to storage and eventual usage.
Identifying this data allowed for the development of guidelines to affirm the CO2 conditioning standards required to meet the safety, environmental and operational necessary for sustainable CCUS production.
The members of the JIP include Wood, Aramco, Equinor, Fluxys, Gassco, Harbour Energy, Mitsubishi Heavy Industries, Net Zero Technology Centre, OMV, Petronas, Shell, and TotalEnergies. The JIP also brought together industry and research experts, DNV, Heriot-Watt University, IFE, NGI, NPL and TÜV SÜD National Engineering Laboratory (NEL), with support from multiple licensors and equipment suppliers.'
You are on the list. |
Today, BP Up, Shell Up, even SQZ is Up but HBR down and more 2% on little volume, now hoping for much better days (with lots of catch ups) ahead, especially post the very first combined company update early November! |
You looked at BP and SHEL today? Both faring significantly worse... |
How's this shttt share doing guys. Looking for all those who wear rose tints |
Spawny. HtG is spiking loke there's no tomorrow. Was 80p not so long ago now 400p |
Upstream, 11 October 2024
UK faces supply and demand gap on new North Sea policy
UK imports around 40% of its energy needs but new government’s proposed fiscal changes could increase reliance on imports as domestic oil and gas production declines
The UK risks becoming increasingly dependent on imported oil and gas amid the decline in North Sea activity and the new government’s commitment to decarbonise the power sector by 2030, according to Offshore Energies UK (OEUK).
“The government acknowledges that we need oil and gas for decades to come. We must mind the gap between the UK’s energy consumption and falling levels of production, or risk becoming more reliant on imports than ever before,” said OEUK operations director Mark Wilson.
The industry association has called on the government to consider how the country will guarantee domestic energy supply if it commits to fiscal changes in October’s budget that will sink North Sea investment. |
Lol which ones are spiking to the moon right now exactly? |
Yip oil and gas prices spiking to the moon. Hbr share price down in the gutters |
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