Jersey Oil And Gas Share Discussion Threads

[36redhill] 17/1/2021 23:12

Exactly why JOG has done what it's done.

[leewain] 17/1/2021 22:06

See post on 08/11 at 0807. Lets face it. The landscape is changing rapidly. The govt is pushing for green energy. NS producers will get battered.

[36redhill] 17/1/2021 20:49

Interesting read today's Telegraph!No 'net zero' pledge, no right to drill for N Sea explorersRachel MillardOIL and gas producers who refuse to commit to reducing their carbon emissions to "net zero" will be excluded from North Sea drilling licences, the new Business Secretary has signalled.Kwasi Kwarteng said a quid pro quo with the sector meant it would only get government support if it took "decarbonisation very seriously indeed".Oil and gas producers in the UK have been under growing pressure to cut their methane and carbon dioxide emissions, which accounted for 4pc of the UK's greenhouse gas emissions in 2018.The Government wants to slash emissions to net zero by 2050 and said in last month's energy White Paper that North Sea licensing needed to be "compatible with our climate change ambitions".Mr Kwarteng's comments, made ­during a government review into North Sea licensing, are the starkest indication yet of action likely to be taken against the sector towards that goal.Speaking to the Westminster Energy Forum before his promotion this month from energy minister, Mr Kwarteng was asked whether he saw "licensing for new exploration and production to be contingent upon [net] zero commitments by operators".He replied: "Absolutely. All the conversations I've had with Energy UK and the Oil and Gas Authority, I talk about quid pro quo; something for something. That quid pro quo means that government support is only going to be there if they take decarbonisation very seriously indeed."The sector generally recognises it needs to reduce emissions. Oil and Gas UK, the trade body, has agreed a goal for the basin to reach net zero by 2050.But running oil and gas rigs on renewable energy can be complex, while flaring is still regularly used. Producers are also reeling from the impact of the pandemic, which has slashed oil demand, as well as grappling with wider questions over their future as the UK and other countries try to cut their reliance on fossil fuels.The Government is working with the sector on a "transition deal" to help it develop hydrogen, carbon capture and cut its greenhouse gases. A Business Department spokesman said: "The Business Secretary rightly set out how our review into the future of the oil and gas licensing regime seeks to ensure it remains compatible with our target to reach net zero emissions by 2050."We will agree a transformational North Sea transition deal with industry to create jobs, retain skills and deliver new business and trade opportunities to support the sector's transition to a lower carbon future."

[enormouswillie] 15/1/2021 20:14

Exceptionally low trading volumes recently and a lack of buying interest and as this is quite a volatile stock it sometimes therefore provides an opportunity for small time traders and shorters to trade, but this is just a temporary halt in the upward trend. Positive news flow on the way and the upward trend will resume again swiftly on improving fundamentals.

[catswhiskas] 15/1/2021 18:20

What happened a golden cross and then 3 days later -9.5 on 7 trades not all sells either .

[leewain] 15/1/2021 11:20

Oh dear catchingmice. You've got this a bit wrong.

[mariopeter] 14/1/2021 20:28

Saudi gift of an extra 1 mmbopd cut doing the trick on the oil price. They really do still control it.

[mariopeter] 12/1/2021 08:29

Love the golden cross now that occurred earlier this month on the 50 and 200 moving averages. Not seen this with such clarity on JOG before. Very bullish.



free stock charts from uk.advfn.com

[catchingmice] 11/1/2021 11:08

About bloody time it's pushed through the 2nd resistance @ 138 hoping now for a move higher and then i see us beaching the 155 levelMore interest now with the Concept select phase drawing nearer so pi's taking their positions

[daler1966] 10/1/2021 17:01

https://www.bloomberg.com/amp/news/articles/2021-01-07/oil-market-gears-up-for-9-billion-index-buying-spree?__twitter_impression=true

[mariopeter] 10/1/2021 05:37

Golden crosses on the moving averages two/three weeks ago were also forecasting the increased share price and still are.

[catswhiskas] 07/1/2021 20:29

British Bulls says we should now jump on our White Horses and go for a bullish ride ."Buy"

[daler1966] 07/1/2021 17:58

Title 06/01/2021HomeSignalJOG.LLSE JERSEY OIL AND GASLast Signal:STAY IN CASHLast Close:133.50Change:+11.00 Percent change+8.98%Signal Update Our system's recommendation today is to STAY IN CASH. The previous SELL signal was issued on 21/12/2020, 16 days ago, when the stock price was 130.17. Since then JOG.L has risen by +2.56%.Market Outlook The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected. more...Candlestick Pattern ChartThe chart showing Series 1 series.

[catswhiskas] 07/1/2021 16:59

Not much stock around here any buying will see this move very quickly to 150P.Buyers this afternoon had to wait for the clowns to sell £14K in small parcels before someone hoovered the lot up in 1 transaction.

[catchingmice] 07/1/2021 08:04

145.00 is the next target here if we surpass the 139.00 pointIt is looking likely that we should achieve this

[catchingmice] 06/1/2021 15:42

Nice Buy there at 135.00Over 20k

[catchingmice] 06/1/2021 15:25

Sentiment should help in a big way once this vaccine is rolled out in masses and targeting 2 million per/week so around 14 million by half-termNews of concept select phase and Funding for the GBH so if this is timed right mid march end of march then expect a massive change as a whole for the economy and and Sentiment on the way we can all move forward again and live normally give and take a few little setbacks.I imagine by end of April we are all in a better place and i expect JOG to be around the 3.00 - 4.00 Quid level

[catswhiskas] 06/1/2021 15:01

Here we go price target revised upwards from WH Ireland from 268P to 378P .

[catchingmice] 06/1/2021 14:14

Get these muppets out the way with their sells and it's a clear path but then wait because they will be scuttling back in paying higher premiums

[mariopeter] 06/1/2021 14:08

Not here for the next 30 years! Last time I looked at a forecast by the EIA for oil demand, it peaks in 2029 and gently falls off after that. Extraction will be greener though as we all know.

[catchingmice] 06/1/2021 13:56

Here we go as it was inevitable after them trades at 132.50 went through earlierCould see 160.00 here by week endOne of the big performers of 2021 JOG will be despite what Bill and Ben will spout otherwise

[kakapo1] 06/1/2021 13:19

CM an Osterich is not a member of the parrot family. Guess the warfarin has gone to your head and shrunk the brain.
Facts are facts, just check it out and stop looking through rose tinted glasses.
IF THE TRUTH HURTS SO BE IT.
Mario, oilers are not the future but carbon capture is, but not sure judging by how some investors follow the Pied piper how the bulk of PI's are going to reach the end of the Rainbow regularly projected as a mirage. There are one or 2 clever investors exploiting the gullible.

Wait for the placing, that's my view.

[catchingmice] 06/1/2021 12:41

Several buys at 132.00 gone through

[catchingmice] 06/1/2021 12:39

128.83 2nd resistance needs Breaking here and then hold above it for the next move up

[catchingmice] 06/1/2021 12:35

Kakapo is an Ostrich did you not Know thatMaybe if we tell him his Brain is like an 'APP'Then he might just use itThe Geezers a 'CLOWN'Best ignore