Hints and tips:
...“That will probably include ramping up of Venezuelan oil and natural gas production and exports, re-inclusion of Venezuelan bonds in major emerging market indices, debt settlement negotiations and eventual...
...This was in part because they tended to be relatively short on oil and gas stocks — for obvious reasons — leaving them with the rest of the stocks in their benchmark index to choose from....
...L’état, c’est moi President Emmanuel Macron has suggested he will fully nationalise state-controlled electricity group EDF in a further effort to reform France’s energy sector and calm the turmoil in European...
...So in our view the world needs companies like Freeport-McMoRan. Electric cars are another good example....
...I mean, obviously Trafigura's a huge oil trader. I mean, when they're saying no new oil and gas developments, I mean, that's not realistic, is it?...
...One of the most astonishing things he said is that we know that the US doesn't think that Russia should be allowed to have all of its oil and gas wealth to itself....
...Harvest and shrink oil and gas, decarbonise and transition Oil & gas production is to decline 42% by 2030, via disposals and depletion: from 2.6mboed to 2mboed by 2025 and to 1.5mboed by 2030....
...On top of that, the former oil and gas analyst was to be awarded 30m “Award Shares” that would be issued if Lekoil’s stock price hit various milestones up to 40p as part of the deal....
...As a reference point, a USD10/bbl move in our long term oil prices impacts our fair value on Shell by c. USD35bn....
...Dixons Carphone currently trades at c.6x CY21E P/E. In non-results sellside the only thing standing out is Gulf Keystone Petroleum. It’s rated a new “buy” at Berenberg, as is Energean Oil & Gas....
...In the end, the medium term outlook for oil & gas prices is deeply uncertain at the moment, and in combination with the ‘net zero’ ambition, provides a real challenge to Europe’s oil majors, including BP...
...BHP’s now looking to sell its mature oil and gas assets beginning with its Bass Strait field off the coast of Australia, having failed to find any Tang dynasty artifacts there either....
...This implies that capex in Shell’s traditional oil & gas activities is now at or below the sustaining level....
...heart) – and of course this would dilute the over-exposure to the Oil and Gas market....
...Increased focus on the home, reversing some L-T adverse trends....
...We believe oil use is now down 8m b/d, coffee down c.10% and even gold sales to EM CBs are down....
...A 30 per cent sector premium justifies a 300p target price with project deferrals, particularly in oil and gas, continuing to threaten growth and limited visibility on any recovery, they say....
...“There is an existential crisis approaching for many of the sectors traditionally relied on to provide yields, such as oil and gas and automobiles....
...(WSJ) News round-up Iliad chairman fined €600,000 for insider dealing (FT) Allianz in exclusive talks to buy L&G’s general insurance unit (FT) Sprint, T-Mobile push back deadline to complete merger (...
...The profits measure, changeling love child of the P&L and the cash flow, is now omnipresent. Readers prefer “ebitda”, judging from comments posted under Lex articles....
...J F C Fuller did not invent the tank....
...Lee buys stake in indie wealth manager HighTower (Reuters) Freeport-McMoRan keen to resolve Indonesia stand-off (FT) Bottler Refresco agrees private equity takeover (FT)...
...This year Indonesia banned exports of unprocessed copper ore in a mining licence dispute with Freeport-McMoRan, the world’s largest copper miner, while the Philippines has restricted open pit mining in the...
...(Private Equity International) K&L Gates’ Chicago office has hired David D Dueno as a partner in the private equity practice. He joins from private equity firm Quantum Global Group....
...BASF expects to book a €600m impairment for its oil and gas business owing to slumping prices for the commodities in recent months....
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