Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I think this a rather overlooked part of the package. Could a useful earner longterm.
Just spoke to FF. It appears I transferred to FF Kazakhstan and I'm not affected which is just for FF Cyprus clients. If you're not sure call FF in the UK on 0203 746 7767. I hope I haven't alarmed anyone unnecessarily.
I've had a response from Halyk they require hard copies of passport etc sent by post. Also one of two forms is not in English I wonder if there is an alternative
Poly are suggesting Halyk Finance. Contact: a.tazhekova@halykfinance.kz
Wondering what the tax advantages might be in Europeanising the new expanded Harbour Energy. I see the European Commission supports tax incentives for CCS ventures which the UK Treasury does not include as as part of the windfall tax offset.
https://blog.verde.ag/en/carbon-capture-tax-incentives/#:~:text=Tax%20incentives%20for%20CCS%20projects&text=The%20European%20
Union%20has%20a,investment%20amount%20for%20CCS%20projects.
Wintersfall is promoting CCS in the Southern North Sea but also in areas more favourable to CCS ventures. The prospect of Harbour refocusing CCS to more friendly countries in Europe might cross the Treasury’s mind of course. I note some of Wintersfall’s oil interests are also in friendlier countries. Does anyone have an idea whether Wintersfall has suffered less damage than Harbour from windfall taxes. Another basis for revaluing HBR shares.
Distressed assets courtesy of Russian gangsters join distressed assets thanks to thieving UK government. There’s some kind of cosmic justice at play here.
Absolutely. Unless management has a different opinion to Dana it’s hard to see why it’s suppressing good news. It shouldn’t be left to investors, actual and prospective to do their own research.
It’s one thing to confiscate or deprive foreign companies. Doing it to the richest man in Mexico makes it harder to escape consequences.
I hope you didn’t mind being robbed. Just wondering if you have any loose change
I believe HL will retain the shares to permit holders to receive dividends. But the shares will only be tradeable if Poly is relished to LSE
In practical terms I can see very little difference between the government and Labour policies. The EFL has made investment in the North Sea uneconomic and unviable. Shapps talk is cheap while Jeremy Hunt has the sector in a chokehold
£2.2 bn?
I wonder if it's written by a human. Reads like a Bot did it
Cunning Simone!
I think the only reason why oil companies including HBR are spending massively on share buybacks is to avoid negative publicity for higher dividends. But the policy is plainly not working. I'd be interested to know what percentage of the value spent this way has been destroyed in the last year. A dividend is money in your pocket. A share bought back is a depreciating asset.
Headline reads "Shell to evaluate £25 bn..
"We're going to have to evaluate each project on a case by case basis," said Shell's UK country chair David Bunch told the Confederation of British Industry's annual conference in Birmingham. "When you tax more you're going to have less disposable income in your pocket, less to invest."
Onwards and downwards
Perfectly captures the incoherence of UK energy policy
I'm coming to the conclusion, comparing the performance of BP and Shell with HBR and North Sea operators, that there is an idea that the Windfall tax could be extended or made more onerous. That option was rejectedf by Jeremy Hunt in his statement to the Commons for what it's worth.
He’s paid up. Bit of a risk