Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
What's going on, big jump???
Me too, I sleep soundly at night and will continue to wait for the proper value to return.
Yes and held over £10 on the bid.
Due at 15.30 uk time should give us some guidance on what is happening out there.
Anyone see a joint partnership with JOG, they got plenty of oil assets?.
Could there be a large buy order being played out? £10/sh.
Does not seem enough volume for that.
While the rest of the world is tentatively coming out of lockdowns, China is taking advantage of the cheapest crude oil in years to stock up as demand is starting to return in the world’s largest oil importer, Bloomberg reported on Friday, citing tanker-tracking data it has compiled. At present, a total of 117 very large crude carriers (VLCCs) – each capable of shipping 2 million barrels of oil – are traveling to China for unloading at its ports between the middle of May and the middle of August. If those supertankers transport standard-size crude oil cargoes, it could mean that China expects at least 230 million barrels of oil over the next three months, according to Bloomberg. The fleet en route to China could be the largest number of supertankers traveling to the world’s top oil importer at one time, ever, Bloomberg News’ Firat Kayakiran says.
Many of the crude oil cargoes are likely to have been bought in April, when prices were lower than the current price and when WTI Crude futures even dipped into negative territory for a day.
Last month, emerging from the coronavirus lockdown, China’s oil refiners were already buying ultra-cheap spot cargoes from Alaska, Canada, and Brazil, taking advantage of the deep discounts at which many crude grades were being offered to China with non-existent demand elsewhere.
China was also estimated to have doubled the fill rate at its strategic and commercial inventories in Q1 2020, taking advantage of the low oil prices and somewhat supporting the oil market amid crashing demand by diverting more imports to storage, rather than outright slashing crude imports.
China’s crude oil imports jumped in April to about 9.84 million bpd as demand for fuels began to rebound and local refiners started to ramp up crude processing, according to Chinese customs data cited by Reuters.
By Tsvetana Paraskova for Oilprice.com
I remember one of the directors I think at the unveiling of the charging system mentioning to a poster on here I think basically saying something to the effect of watch this space, I think it was on video , nothing has transpired though.
Bless him, he is so fragile lol.
I see the two posts about Barnyards have been removed, why?.
You do have a way with words NKTOB lol.
By default, re-rate to cash ~£22/share means the £12.52 gap gets filled, does it not !
Exactly, strange comment.
I wonder if this is because they latched onto the selling Co and are now buying into the co, does not take much to move the SP with the small free float.
What it boils down to is we don't seem to have a substitution for gas/Oil, until then it's same as, I'm sure somewhere down the line something will be invented but when?, I'm convinced we already have something but it's all down to when to release as it would be the end for all other sources of energy and the collapse of the businesses associated with them.
There has to be a control of the population expansion otherwise the planet is doomed.