Member Info for oct23

Thanks for that

Should be compulsory listening for the whole country -- let the populus lobby on behalf of the oil industry - I doubt if the majority comprehend most of it.

i.e. most think steel is steel but you need quality coal for quality steel

I believe Volvo and Ford are changing tack on the EV policy

Https://oilprice.com/Energy/Energy-General/Eni-CEO-Expects-Brent-Oil-Price-to-Rebound-to-80-in-Q4.html

Aim

Who is the key person that could influence Starmer?

Mrs Starmer or Guy Fawkes

There must be a reason to warrant the interest, or just let the FCF keep reducing existing debt.

- ( Hope it's not a contribution / sweetener to the Lab party ) -- ouch sorry

After the winter allownce is no more --- why would the .gov want to send us pagers ???

https://oilprice.com/Latest-Energy-News/World-News/How-Israel-Planted-Explosives-in-Thousands-of-Hezbollah-Pagers.html

I havn't read it all thro but the worst cost of living crisis ---- Iet's make it all Vlads fault

"Security: Despite only importing four per centof our oil and gas from Russia, Putin’s ability to manipulate the price we pay on international gas markets-including gas produced in the North Sea-has plunged us into the worst cost of living crisis in living memory. The only way to cut energy bills for good and deliver energy security is to shift decisively to clean, homegrown low carbon power. "

Today 14:00

RNS Number : 7730D

EnQuest PLC

11 September 2024

TR-1: Standard form for notification of major holdings

“turbocharging [the] UK to clean power by 2030.”

Turbocharging is hardly a wise choice of wording under the circumstaces as it applies to the recovery of heat from exhaust gases from petrol / diesel ICE engines

My TDI is 22 yrs old, 200k going strong, will do a round trip of 350 mls with ease taking country routes without going near a garage or charging point, DIY servicing/maintenance - an EV won't do that

"Mission [without] control"

Gordon / Romeron Debt structure

I found this link earlier today when looking into the 9% bonds which appears to give the answers -- hedging liabilities etc

https://www.enquest.com/investors/debt

Https://oilprice.com/Latest-Energy-News/World-News/Top-Indian-Oil-Firm-Looks-to-Build-83-Billion-Refinery-as-Fuel-Demand-Soars.html

Extract :-

"India has said that it expects to raise its refining capacity by around 1.12 million barrels per day (bpd) each year until 2028 as it seeks to meet rising fuel demand. Total Indian refining capacity is expected to increase by 22% in five years from the current 254 million metric tons per year, which are equal to around 5.8 million bpd.

BPCL’s chairman G. Krishnakumar said last week that the refiner sees India’s fuel demand rising by between 4% and 5% per year for the “foreseeable” future.”

To meet the growing demand for refined oil products and petrochemicals, many Indian refiners plan to expand their crude processing capacities and ethylene cracker units at refineries.

By Charles Kennedy for Oilprice.com "

Futures prices

https://oilprice.com/futures/brent/

This interesting link updates every 5/10/15 mins and has been posted before

https://grid.iamkate.com/

a week or 2 ago daytime renewables showed around 60% generation-- today 20-22% with drax and also coal now being back online + increased interconnectors with gas replacing the bulk

20% to 60% difference in daytime renewables is serious volatility

0% if the wind doesn't blow at night

Last fri of the month , maybe futures / delivery ?

Rom posted exxon report link ---

https://corporate.exxonmobil.com/sustainability-and-reports/global-outlook#Keytakeaways

Zacks puts exxon report in perspective --

https://www.zacks.com/stock/news/2327898/exxonmobil-warns-of-oil-supply-risks-prices-could-surge-5x?cid=CS-ZC-FT-analyst_blog%7Ccompany_news_energy_sector-2327898&miRedirects=1

Stump

click on his profile and read his postings

27-Aug-24 16:35:06 12.90 838,389 Sell* 12.72 12.80 108.15k UT

Rom

Esso recently refurbed a local filling station installing enormous new replacement fuel tanks - and replacement fuel pipeline between Fawley and Hounslow / Heathrow. They obviously expect a return on investment.

The Xlinks Morocco-UK Power Project makes interesting reading

https://xlinks.co/morocco-uk-power-project/

https://xlinks.co/devon/

Tav

Or give us back our winter allowance and still have change left over

This link has been posted before ( lastly by Rom ) and can be quite interesting to follow

https://grid.iamkate.com/