Tullow Oil Share Discussion Threads

[seagreen] 02/10/2021 08:37

It is becoming increasingly apparent that the carbon footprint of a Tesla for example is ten times that of a petrol 1300 Cc. The battery life i only 8 years and the world will become a landfill for old batteries. The demand on the electricity grid will create a huge new demand. The Increase on demand for steel from Tesla and the increased wind turbines will cause the price of Metallurgical coal to spike (see how the price has spiked to half its previous high) Greta Grumble and her mob score the easy points but have not squared the circle...fossil fuel is here for a long time we need to know how to purify it more to reduce emissions

[adrian j boris] 02/10/2021 08:32

money week

Gas prices explode – and oil prices will follow

After gas prices hit new highs, Brent crude oil prices have broken through $80 a barrel for the first time in almost three years.

by: Alex Rankine

1 Oct 2021


The delayed approval of Russia’s Nordstream 2 pipeline to Germany could restore balance to the market



Brent crude oil prices have broken through $80 a barrel for the first time in almost three years. Oil’s rally comes as soaring European gas and coal prices presage a winter energy crisis. In September 2020 “in Europe it cost €119… to buy enough gas to heat the average home for a year”, says The Economist. “Today that figure is €738.”

A cold European spring and a hot Asian summer, combined with a post-pandemic industrial rebound, have kept demand high. Imports of US liquefied natural gas (LNG) on ships will help ease the pressure a little, but global gas markets depend mainly on pipelines and are only “imperfectly linked”.
Denting the global recovery

“Gas storage tanks in Europe are only 72% full ahead of the winter season, compared with the usual 87% at this time of the year”, Warren Patterson of ING tells Pierre Briançon in Barron’s. The global recovery, which was already “weakened by the Delta coronavirus variant, will take another hit”.

[babbler] 02/10/2021 07:09

Lse is dying. Most use twitter or telegram / discord now. No checking of posts in those forums. .

[phillis] 01/10/2021 19:23

What is Waldron on about
Can’t read it

[waldron] 01/10/2021 07:49

Markets

European markets set to follow global decline as inflation fears weigh

Published Fri, Oct 1 20211:58 AM EDT

Elliot Smith
@ElliotSmithCNBC


Key Points

Global markets have been roiled by fears of high inflation, slowing growth and rising rates.

Investors will also have an eye on key U.S. inflation data later in the day.

LONDON — European markets are set to pull back on Friday, tracking U.S. and Asian counterparts as global stocks start the fourth quarter on the backfoot.

Britain’s FTSE 100 is seen around 56 points lower at 7,030, Germany’s DAX is set to fall by around 154 points to 15,107 and France’s CAC 40 is expected to drop around 56 points to 6,464, according to IG data.

[waldron] 30/9/2021 20:59

THE TULLOW WISH LIST BOXES togetherwith those important supports and resistences

10 to 20p
20 to 30p
30 to 40p
40 to 50p
50 to 60p$$$$$$$$$$$$WE ARE HERE$$$$$$$$$$$$$$$$$$$$
60 to 70p
70 to 80p
80 to 90p




December 2019 ends at 64p

December 2020 ends at 29.58p

January 2021 ends at 25.72p

February 2021 ends at 43.92p

March 2021 ends at 47.21p

April 2021 ends at 54.10p

May 2021 ends at 51.30p

June 2021 ends at 59.46p

July 2021 ends at 44.84p

August 2021 ends at 44.47p

September 2021 ends at 51.26p

[waldron] 30/9/2021 20:57

Price (GBX)
51.26 0.08% (0.04)

Open / Last close
51.50 / 51.26

High / Low
52.52 / 49.69

Bid / Offer
51.52 / 51.64

Special Condition: -
Trading Status: Market Close
FTSE All-Share
As at 30.09.21 20:41:36 - All data delayed at least 15 minutes

[waldron] 30/9/2021 10:08

will COAL really finally COP it

nah

[waldron] 30/9/2021 06:34

European stocks set for higher open, brushing off market jitters elsewhere

Published Thu, Sep 30 202112:29 AM EDTUpdated 38 Min Ago

Holly Ellyatt
@HollyEllyatt
cnbc


Key Points

European stocks are expected to open higher on Thursday, unperturbed by declines in Asia-Pacific overnight and U.S. markets on Wednesday.

The U.K.’s FTSE index is seen opening 14 points higher at 7,116, Germany’s DAX 41 points higher at 15,400, France’s CAC 40 up 16 points at 6,579 and Italy’s FTSE MIB 113 points higher at 25,511, according to data from IG.

[subsurface] 29/9/2021 22:50

Some more detail,XX I sent you an e mail

[xxnjr] 29/9/2021 22:05

Patrick P confirmed on the Q&A they have yet to get to anything commercially developable in Suriname. Maybe going the same way as French Guyane? There are 2 more expln wells coming up; Bonboni, already drilling, a large basin floor fan and another well on an independent prospect adjacent to Keskesi.

[thommie] 29/9/2021 21:54

looks like you should stop doing wildcats if they are outside of this discovery line... :)

[waldron] 29/9/2021 17:08

interesting, it be the 3rd day theres no end of day dip

[thomstar] 29/9/2021 17:06

Saw off the bears today

[waldron] 29/9/2021 16:24

U.S. Crude-Oil and Fuel Inventories Unexpectedly Rise

29 September 2021 - 05:20PM

Dow Jones News



By Dan Molinski

U.S. oil inventories surprisingly increased last week, while stockpiles of gasoline and other fuels also rose, according to data released Wednesday by the Energy Information Administration.

Benchmark U.S. oil prices that were slightly lower before the mostly bearish report drifted slightly higher afterward. The Nymex front-month crude contract for November delivery was recently up 0.4% at $75.63 a barrel.

Crude-oil stockpiles rose by 4.6 million barrels to 418.5 million barrels, and are now about 7% below the five-year average, the EIA said. Analysts surveyed by The Wall Street Journal had predicted crude stockpiles would fall by 2.5 million barrels from the prior week.

Oil stored at Cushing, the delivery point for U.S. stocks, rose by 131,000 barrels from the previous week, to 34 million barrels, the EIA said in its weekly report.

U.S. crude-oil production rose by 500,000 barrels a day last week to 11.1 million barrels a day, according to EIA, as offshore output continued to recover from Hurricane Ida-caused shutdowns.

Gasoline stockpiles climbed by 193,000 barrels to 221.8 million barrels, compared with analysts' expectations for inventories to increase by 900,000 barrels from the previous week.

Distillate stocks, which include heating oil and diesel fuel, rose by 384,000 barrels to 129.7 million barrels, and are now about 12% below the five-year average, the EIA said. Analysts were forecasting a 1.3-million-barrel decline from the previous week.

The refining capacity utilization rate rose by 0.6 percentage points from the previous week to 88.1%, which was close to analysts' forecasts for a 0.8 percentage-point increase from the previous week.

U.S. oil inventories for the week ended Sept. 24:


Crude Gasoline Distillates Refinery Use
EIA data: +4.6 +0.2 +0.4 +0.6
Forecast: -2.5 +0.9 -1.3 +0.8


Note: Numbers in millions of barrels, with the exception of refinery use, which is in percentage points.

Write to Dan Molinski at [e-mail]



(END) Dow Jones Newswires

September 29, 2021 11:05 ET (15:05 GMT)

[xxnjr] 29/9/2021 14:31

Kes-2 a big step-out on B58 was non-commercial for Apache.
Haven't listened to the Q&A yet but noticed that Total Energies Strategy Update pres for Analysts yesterday failed to mention Suriname.... Although it only went up to 2025. And todays Apache announcement may have been timed to avoid awkward Q's on TE's update call?