Tullow Oil Share Discussion Threads

[cool hand kev] 17/6/2020 12:07

Which is good news for OIL Producers
Oil ain't dead yet and will out live me :-(

[la forge] 17/6/2020 11:40

cool hand kev
17 Jun '20 - 11:36 - 49646 of 49646
0 0 0
India Looks To Double Oil Refining Capacity By 2030



copied from OEX board on LSE

India Looks To Double Oil Refining Capacity By 2030
By Tsvetana Paraskova - Jun 16, 2020, 5:00 PM CDT
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The world’s third-largest crude oil importer, India, plans to double its refining capacity by 2030 from the current 5 million barrels per day (bpd), Oil Minister Dharmendra Pradhan said at a webinar on Tuesday.

India aims to boost its refining capacity from the current 250 million tons per year (or around 5 million bpd) to 450-500 million tons a year (up to 10 million bpd) in next ten years, in order to meet growing domestic fuel demand as well as to export fuel, the oil minister said.

The refinery capacity additions will consist of both expansion of existing refineries and the construction of new ones, Pradhan said.

India plans the construction of the huge proposed refinery on its west coast to start soon, the minister said, as quoted by Indian media.

The mega refinery complex that India plans with the national oil companies of Saudi Arabia and the United Arab Emirates (UAE) will cost more than the original US$44-billion estimate, Pradhan said last year, confirming earlier reports that the huge project would likely see costs swell.

In June 2018, Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC) signed a framework agreement and a memorandum of understanding with a consortium of Indian national oil companies to join the mega project.

By investing in the giant Indian refinery, the national oil companies of leading OPEC producers Saudi Arabia and the UAE would secure off-take for their crude in a strategic fast-growing oil market in Asia.

According to the latest BP Energy Outlook from 2019, India’s consumption of oil will jump from 5 million bpd in 2017 to 9 million bpd in 2040, growing at a compound annual growth rate (CAGR) of 3.1 percent through 2040. India’s share of total global primary energy demand is set to roughly double to around 11 percent by 2040, underpinned by strong population growth and economic development, according to BP.

By Tsvetana Paraskova for Oilprice.com

[cool hand kev] 17/6/2020 11:36

India Looks To Double Oil Refining Capacity By 2030

vhxxps://oilprice.com/Energy/Crude-Oil/India-Looks-To-Double-Oil-Refining-Capacity-By-2030.html

copied from OEX board on LSE

[astubbs67602] 17/6/2020 09:33

WTI & Brent now +ive

[spirito] 17/6/2020 09:15

Hardly a plummet was it!

[cool hand kev] 17/6/2020 08:48

Oil slumps as U.S. crude stocks build amid virus resurgence fears

Don't you just love a good Drama :-)

[la forge] 17/6/2020 08:17

Price (GBX)
34.38 0.76%
TLWORD 10P


Open / Last close
34.39 / 34.12

High / Low
34.39 / 34.38

Bid / Offer
34.22 / 34.47

Special Condition: -
Trading Status: Regular Trading
FTSE All-Share

[sbb1x] 17/6/2020 06:55

#APICrude +3.857Cushing -3.289Gasoline +4.267Distillate +0.919

[leoneobull] 17/6/2020 05:55

https://oilprice.com/Latest-Energy-News/World-News/Oil-Slips-On-Surprise-Crude-Build.html

[subsurface] 17/6/2020 01:50

bozzawazza me too I filled up my motor cycle cost me 60 bhat 1pound.50P
every little helps!555

[waldron] 16/6/2020 20:00

Price (GBX)
34.12 7.43%
TLWORD 10P

Open / Last close
33.90 / 34.12

High / Low
34.70 / 32.94

Bid / Offer
33.25 / 33.59

[waldron] 16/6/2020 19:00

Stocks gain in volatile trading as investors cheer record retail sales comeback, Dow up 600 points


Published Mon, Jun 15 20206:06 PM EDT

Updated 25 min ago

Fred Imbert
@foimbert

Thomas Franck
@tomwfranck

Eustance Huang
@EustanceHuang

[bozzawozza] 16/6/2020 18:16

Been out and filled both my cars up with fuel today. I'm doing my bit to raise the price of oil. I feel if we all do that this week then we're onto a winner!

[dbensimon] 16/6/2020 18:08

If oil price stays around 38 or above by tomorrow we are in for a treat !

[waldron] 16/6/2020 17:42

Brent Crude Oil NYMEX 40.15 +1.08%
Gasoline NYMEX 1.19 +1.22%
Natural Gas NYMEX 1.71 -2.78%
WTI 37.148 USD +0.12%

FTSE 100
6,242.79 +2.94%
Dow Jones
26,283.51 +2.02%
CAC 40
4,952.46 +2.84%
SBF 120
3,906.41 +2.80%
Euro STOXX 50
3,242.65 +3.28%
DAX
12,315.66 +3.39%
Ftse Mib
19,647.2 +3.57%



Eni
8.935 +4.14%



Total
35.83 +3.29%


Engie
11.14 +3.05%

Orange
10.685 +3.89%


Bp
321.65 +1.79%

Vodafone
129.12 +3.74%

Royal Dutch Shell A
1,376.2 +3.10%



Royal Dutch Shell B
1,318.4 +2.14%


TULLOW OIL (TLW)
34.12 GBX +7.43%

[cool hand kev] 16/6/2020 16:10

And as i typed LoL

[cool hand kev] 16/6/2020 16:09

Day traders taking their 2% share price might going into close

[alfiex] 16/6/2020 16:04

Cant hang on to 34p ffs

[dbensimon] 16/6/2020 14:58

Oil is up 5%

[gbh2] 16/6/2020 14:44

So, has this really been a TO target since the start of this thread in March 2006, IF so I suspect it's no long of interest to anyone but Hedge Fund traders :)

[umitw] 16/6/2020 14:00

Dow futures show 4.4% upwards trend!Interesting day.And that good news as well. Coronavirus: 'Major breakthrough' as UK scientists find £5 steroid cuts COVID-19 deaths

[teamwork1] 16/6/2020 13:51

It wont happen today but it will very soon

[teamwork1] 16/6/2020 13:50

Let's get to 40p