Sirius Petroleum Share Discussion Threads

[1alfi] 21/2/2017 09:10

Sol - it would appear that your positive start from yesterday has now turned out to be a bums rush.

[solarno lopez] 21/2/2017 07:11

Eland's announcement today well worth a read even mentions shuttle vessels !

[solarno lopez] 21/2/2017 06:46

But they still keep pumping oil from the Delta

[vatnabrekk] 20/2/2017 22:57

Different events, I think. The first report is dated 2015, and the second one 2017. Attacks on these pipelines are on-going events, as soon as it's fixed it gets vandalised again.

[htrocka2] 20/2/2017 22:31

Two contradicting statements here...take your pick

[deltaman2] 20/2/2017 21:46

Is Forcados back online yet !!!

[solarno lopez] 20/2/2017 15:26

Thanks Pete

[pipelinepete] 20/2/2017 15:22

Working really hard this last week or so sol, well done

[solarno lopez] 20/2/2017 15:05

With thanks to ADVFN and Sarah Kent


LONDON-- Royal Dutch Shell PLC said Monday there is no evidence of a glut in liquefied natural gas supply, taking a contrarian view on a market in which the Anglo-Dutch energy giant is one of the largest operators.

In its new LNG outlook, Shell said demand for the supercooled natural gas kept pace with a strong increase in supply last year, dismissing concerns that a wave of giant projects coming into production is swamping the market.

"There's been a perception and quite a few headlines of the LNG market being oversupplied," said Maarten Wetselaar, Shell's head of integrated gas. "In 2016 you didn't find any proof of that."

The company has doubled down on LNG, following its acquisition of BG Group last year. The deal was a roughly $50 billion bet, staking the company's future on natural gas and huge deep-water prospects offshore Brazil.

Shell is gambling that demand for LNG will grow strongly in coming years, benefiting from government policies that favor lower-carbon fuels. It is projecting natural gas consumption will rise by 2% a year between 2015 and 2030, and demand for LNG will increase at a rate of 4%-5% a year.

That increased demand is expected to mitigate the effect of new projects scheduled to bring vast new supplies, with just over a third of anticipated new volumes already up and running.

"What's different to many people's expectation is we've seen an equally strong demand growth--potentially even a more strong demand growth," said Steve Hill, vice president for gas trading . "That's a key message because we still keep reading about the oversupply in the industry and we just don't see it."

The company said there is a need for investment in new LNG projects to meet demand in the years after 2020 as global consumption is expected to continue to grow.

Write to Sarah Kent at [e-mail]


(END) Dow Jones Newswires

February 20, 2017 08:38 ET (13:38 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.

[solarno lopez] 20/2/2017 13:45

hahha it does and thank you for the reminder

[bumhammer] 20/2/2017 13:36

Thanks Sol.
The surge to 1.4p start of Jan comes to mind.

[solarno lopez] 20/2/2017 12:58

BH for me its a series of events but more especially leaks that are designed to mug punters into the stock in order to move the price usually upwards and often to allow others to get out. The markings today indicate something odd.

There have a been a number of such activities over the past 7/8 months a number of which I highlighted.

Let's see what this afternoon brings

[toolsmoker] 20/2/2017 12:47

Think this may be waiting for placing and news to push onwards back towards 1.4p

[bumhammer] 20/2/2017 12:41

Sol, what's a Bums rush?
Can you explain?

[solarno lopez] 20/2/2017 12:24

This is starting to feel like a bums rush will know better this afternoon

[htrocka2] 20/2/2017 12:24

solarno... agreed, it works both ways.



Anyone seem the latest TSTR graph....very impressive.

[solarno lopez] 20/2/2017 11:41

but a placing prior to good news would be an excellent confidence booster.

[toolsmoker] 20/2/2017 11:30

Id like to see these calvet mod paid off might help the shareprice

[htrocka2] 20/2/2017 11:29

'Time to chuck in a placing. The curveball before real breaking news?'


That would certainly help to reveal how the bod plays this game, the common sense and practice of the past has been to dish out good news followed by a share issue but to do it the other way round, ie, issue shares prior to a news item would imply a 'mates rates' scenario.

[solarno lopez] 20/2/2017 10:51

its what we have been expecting

[solarno lopez] 20/2/2017 09:34

And why not we deserve it well at least I think we do hahahaah

[toolsmoker] 20/2/2017 09:20

Think this coukd have some big news this week

[solarno lopez] 20/2/2017 09:01

You have to wait a few hours and sometimes a few days to tell the difference and its not easy

[1alfi] 20/2/2017 08:59

Sol - how do you differentiate between a positive start and what you term as a bums rush ?

[solarno lopez] 20/2/2017 08:13

A very positive start !!