Member Info for Cong

I thought BP were essentially dividend recipients, they didn't really have any reserves, they had no control or say about it. $640 million in 2021, roughly 3% of its overall cash flow from operations, this is all they had no? Even this they have not lost yet ( still receiving but not writing down until sale)? This was my understanding and happy to be corrected

SP went down to low 60's after invasion, due to uncertainty and belief sanctions could cut off BP from rosneft. I was expecting a much bigger impact and for such a turbulent day, was the OP what stopped it Futher? Then the shares began to recover after the sanctions were made clearer.
What BP have done is essentially the same as was possibly feared with sanctions, the fact it is now confirmed, would this Futher fuel the slide, or was it pieces in and a sense of price adjustment seen on the day of invasion?

Happy what you said is my impression, and re my last point is what they said about div, think this answers your question?

Qatar already hold a stake the same amount as BP I believe, nothing is impossible.

Emerald the prophet has spoken, we now know what the SP will be on Friday. 3rd times the charm !

I found this to be a good article to, goes into a bit more detail and gas forecast.

https://seekingalpha.com/article/4490451-bp-rosneft-affiliation-risk-priced-in

Thanks happy

Nice. To hear your thoughts, and was just about to post a similar link, which I think says the same

https://seekingalpha.com/news/3805906-bp-up-to-buy-at-rbc-no-need-for-rosneft

See you Monday bumble, if any one missed my post about swift a few pages before moral talk I would still be interested in opinions lol.

Just pointing out your a hypocrite and your morals only go so far, I'm sorry that it upsets you and you need to make stuff up about my views

Smartie, talking about mortality after investing, still being invested in Boohoo even with child slave labour. Right

With renewed talk about swift, what are people's thoughts on the impact if it were to happen.

I struggle to see US in acting such a move due to long term damage and believe it will effectively move more power to China eventually which will ramp up their alternative.

But anything is possible.

If it did happen, I am struggling to see how it is not different to cutting off oil and gas from Russia as essentially Russia couldn't get paid and why would they then sell to EU ?

Also on some of the other virtue signaling :

In the 24 hours after Vladimir Putin signed a decree recognizing two breakaway Ukrainian territories, the European Union, the U.K., and the U.S. bought a combined 3.5 million barrels of Russian oil and refined products, worth more than $350 million at current prices. On top of that, the West probably bought another $250 million worth of Russian natural gas, plus tens of millions dollars of aluminum, coal, nickel, titanium, gold and other commodities. In total, the bill likely topped $700 million.

Why are there loads of low post people posting the same article over and over again, if you even bother to read the chat you'll see it's been posted alot.

Also being appealed and catalin, didn't seem bothered when you doubles you share , you didn't care that Russia did this to Ukraine in 2014 and BP held rosneft then, I'm assuming you will be donating all your profit to charity

Sorry I cut a bit off by mistake, basically China is saying for Russia to negotiate as well

Happy,

Not quite the same but this was on live feed a bit ago :

According to the Chinese media readout, Putin outlined the reasons for Russia launching the “special military operation”, and told Xi that NATO and the United States had “long ignored Russia’s reasonable security concerns”.

He also told Xi on the call that Russia was ready to hold “high-level” talks with Ukraine.

Clued, i really hope Putin doesn't, but it is possible like everything . It is a interesting view that they could then take assets or money seized here, no idea if that would happen. BP could then tlbwcome land lords after 50% of London is frozen. I'm not sure if it's accurate but something along the line of 154 billion being frozen.

Regarding sanctions my concern is VTB has been mentioned and someone said BP use them , but no idea how this works or what it means in reality as this is a complex situation

Why does the lib dem leader of all people matter or can he enforce action and was this removed from the sanctions that I just read that Boris introduced?

Probably just ban french fishing. Then a pa will say he misspoke

Sounds like a good plan buffa. Mean while Boris will be spending his weekends digging in secret with a spade for oil and gas in the north sea, with one of those beach privacy screens.

Premarket us seems to be about 1% below current prices, I'm not sure if that's right but would appreciate input from someone that knows better. Expecting turbulence like my IAG shares

20 % stake in rosneft, she'll have exposure to ns2 and a shared field of 27% with gazprom, I believe. So BP is behind shell due to the more obvious exposure, the question is how much is priced in already?

Wondered how long till the discussing people came out, props to Caitlin for being magnanimous. Adv11 no one mocked you apart from yourself, you posted like once and then said so would be 190. There are no winners only losers with blood gains