Shell Share Discussion Threads

[adrian j boris] 16/6/2019 15:50

montyhedge
16 Jun '19 - 15:47 - 6249 of 6249
0 0 0
Oil bulls trying to get the price up, lol.

Becareful monty your irony might be lost in the noise

[montyhedge] 16/6/2019 15:47

Oil bulls trying to get the price up, lol.

[adrian j boris] 16/6/2019 15:40

FALSE FLAG

[adrian j boris] 16/6/2019 15:28

WHICH COUNTRIES WOULD BENEFIT FROM THE CLOSURE OF THE STRAITS OF HORMUZ

CERTAINLY NOT IRAN





Why is the Strait of Hormuz the most important oil tanker route?

US-Iran relations have been deteriorating since April, with two further attacks on oil tankers near the Strait of Hormuz bringing the waterway back into focus
An oil tanker on fire in the Sea of Oman, near to the Strait of Hormuz, on June 13. AP
An oil tanker on fire in the Sea of Oman, near to the Strait of Hormuz, on June 13. AP
The National
The National

June 16, 2019

Already high tension between the US and Iran ramped up again last week following an attack on two tankers in the Gulf of Oman, close to the Strait of Hormuz. It follows a similar nearby attack last month, with the US blaming Iran for both. furthering fears that the two are edging towards a bigger escalation. But what is the Strait of Hormuz and why is this small strip of water so important?
What is the Strait of Hormuz?

It is a narrow channel, approximately 30 miles wide at the narrowest point, between the Omani Musandam Peninsula and Iran.
Why is it of global interest?

It is one of the most important strategic waterways in the world as it links the Middle East’s crude oil producers with key markets in the rest of the world, making it vital to the global supply of oil. Most crude exported from Saudi Arabia, Iran, the UAE, Kuwait and Iraq is shipped through the strait, as well as nearly all the liquefied natural gas produced by its biggest exporter, Qatar.

In 2017, around 17.2 million barrels of crude and natural-gas condensates – used in heavy oil production – were estimated to have been shipped through the strait. With global oil consumption at about 100 million barrels per day, that means almost a fifth of it passes through here. That’s more than any similar choke points, such as the Suez Canal in Egypt and the Strait of Malacca between Malaysia and Sumatra.

Instability could mean higher global oil prices, adding to the running costs of certain industries and raising petrol prices. Iran’s recent actions could also be considered as an act of war.
Ramon Penas
Ramon Penas
Whose territory is it?

To pass through the strait, ships must sail through the territorial waters of Oman and Iran. The UAE also lies to the south of the waterway. It is of particular importance to Iran as it is its key oil export route and therefore crucial to their economy. Earlier this year, US President Donald Trump decided to end the sanction exemptions for countries buying oil from Iran and say their policy is for zero Iranian imports. Tehran has threatened that if Mr Trump halts its exports, it would make sure that no oil can be exported from the Arabian Gulf.

To transit through the Strait of Hormuz all maritime traffic, including the US Navy, must sail through Iranian territorial waters. Yet the US Fifth Fleet, based in Bahrain, is tasked with protecting commercial ships in the area.
Read More

Damaged Japanese tanker Kokuka Courageous arrives at UAE anchorage

Month of escalation: how two tanker attacks in the Gulf unfolded

Limpet mines: What are they and how do they work?
Has there been trouble there before?

Similar attacks happened during the Tanker War of the 1980s, when Iran and Iraq tried to stop each others’ exports. Over 200 tankers were attacked and 55 were sunk. A US warship shot down an Iranian airliner over the straight in 1998, killing 290, and there have been a few more minor attacks on tankers. Threats to impose controls on the strait have frequently featured in Iranian rhetoric in an effort to protect itself from either military action or sanctions.
Can the Strait of Hormuz be bypassed?

The UAE and Saudi Arabia have sought to find other routes to transport their oil, including building more pipelines to transport it to the northern emirate of Fujairah, in the Gulf of Oman, to Oman itself and Yemen. The proposed Qatar-Turkey pipeline would take natural gas straight to Europe over land, but would cause upset to Europe’s biggest gas supplier, Russia.

Updated: June 16, 2019 05:49 PM

[steve73] 16/6/2019 03:30

maywillow... thanks - some interesting Shell vid's on that channel.

This one was good..

Published 10 years ago and little progress since, although things are at last starting to move..

[maywillow] 15/6/2019 16:11

Shell Future Energy Advert

CandleMusicLondon

A creative advert for Shell, with music by Candle

[waldron] 15/6/2019 12:17

chuckle

god has nothing to do with it but some even print it on their bank notes



i am a non reglious person,been there, done that and have my t shirt to prove it

if the powers that be wish to create distuction no matter what form, it will not happen in the blink of an eye

you will see it coming but its the time frame we know not when

a life time of concern and to no avail

we have had peace in our time in europe and if all goes well and continues sans fin, i will have popped my clogs

[lippy4] 15/6/2019 12:10

waldron i hope you will enjoy going to pray 5 times every day or else!!....

god forbid.

[waldron] 15/6/2019 12:06

DIVIDEND

Payment date June 24, 2019

[waldron] 15/6/2019 12:02

june/18/2019 JPMorgan Energy Conference

[ariane] 15/6/2019 11:05

LOL

Nothing wrong with speaking different languages

we british used to have battlrship democracy, its done in america so do not be surprised about russia and china having their 5 cents worth

[grupo] 14/6/2019 22:39

One could say the same about usa,israel, russia ,north korea and china

usa is a declining empire more prone to destruction than construction which sadly has been proved over the last 20 years

[sarkasm] 14/6/2019 22:05

Asked if he would rule out military action, Urquhart Stewart asked, laughing, “How many wars the man who said is not going to use US troops is going to get involved in? More likely that he wouldn’t. But he might do something with the Israelis to try to actually manage it properly. So I think there is a very good chance you could start seeing some bullets flying. But the trouble is Trump is so irrational so it’s difficult to judge. So if you can’t judge it, the answer is therefore don’t buy it, don’t sell it and stay exactly where you are,” he said.

[waldron] 14/6/2019 17:53

Trump: If Iran blocks the Strait of Hormuz, ‘it’s not going to be closed for long’
Published 3 hours agoUpdated an hour ago
Christina Wilkie
@christinawilkie




Key Points

President Trump tells Fox News that if Iran were to block the Strait of Hormuz, “it’s not going to be closed for long.”
Trump was responding to a hypothetical question following the attacks Thursday on two oil tankers in the Gulf of Oman, south of the strait, for which the United States has blamed Iran.
The attacks have rattled international petroleum markets and raised the specter of armed conflict in the Middle East.


PERHAPS I HAVE SEEN TOO MANY SPY MOVIES AND SERIES BUT IN USA WE DO NOT TRUST

CERTAINLY NOT AFTER IRAQ

ITS NOT IN THE INTERESTS OF IRAN TO BLOCK THE STRAITS OF HORMUZ


NOW I WONDER WHICH COUNTRIES WOULD BENEFIT FROM SUCH A THING