TSR Valstone has set up a donation page to help restore the ancient Caledonian Forest and rewild the Scottish Highlands! Please consider donating £6 to plant a tree in our grove and help regenerate this ecologically important native habitat! 🌲🌳 https://t.co/xRCPBJbXH9 🌳🌲
Oil and gas firms are being framed as the “devil incarnate” as general election rhetoric ramps up, a top North Sea dealmaker has complained.
#OOTT#KIST#OilandGas@kistosplc
https://t.co/8eDzeSJihs
The oil industry is starting to sweat as United Nations climate talks heat up and threaten to plug wells for good, veteran negotiation observers have said
https://t.co/JF2BlStrom
Hydrogen is a losing bet for investors interested in making money in the foreseeable future, according to Barry Norris, the founderof UK hedge fund Argonaut https://t.co/7a4gTHffNz
There are 2 markets for oil. The physical market, which is the largest commodity in the world, and the financial or paper market for oil, which is ~30X bigger than the physical market. There can be times when the physical market is healthy, as measured by inventory trajectory, yet the financial market for oil is weak, due to things like fears of a recession or regional bank failures. Given this 30:1 ratio, the "tail can wag the dog", and weakness in the paper market can temporarily overwhelm positive underlying fundamentals in the physical market, leading to price falling below what can be fundamentally explained.
If we are directionally accurate in the magnitude of inventory draws coming in the second half of this year, we believe the strength in the physical market will overwhelm the unbelievably negative sentiment in the financial market for oil.
Neptune Energy is involved in acquisition talks with Italian energy firm ENI, in which the latter has improved on a previous offer of below $6 billion.
#Oilgas#Italy@Neptune_Energy@eni
https://t.co/yGrJnVWajq
Oil and gas will be part of the UK energy mix “for many, many years” opposition leader Keir Starmer said as he sought to reassure union critics of his Labour Party’s plans to phase out fossil fuels from the North Sea.
https://t.co/sCb73c7gJL
"Squabbling over whether the price of oil impacts inflation is a dangerous distraction that we can’t afford. The real issue is the fact that we let it impact us at all."
@DaleVince writes for @NS_Spotlight. https://t.co/ulLeGDbn5R
MEMBER NEWS
OEG Offshore appoints new Key Account Manager
OEG Offshore UK has welcomed Nicola Hook to their Aberdeen team as Key Account Manager.
Full story: https://t.co/MpseR2QRR6
Norway earned 528 billion kroner ($50 billion) from its direct ownership of oil and gas licenses last year, more than five times the amount earned in a normal year, as the country became Europe’s biggest supplier of natural gas.
#Oilgas#Norway
https://t.co/TalyHSa645
Ministers are taking a “big gamble” on energy prices easing further after failure to reach an agreement on increasing the UK’s gas storage capacity in time for next winter, the government’s top adviser on infrastructure has warned
https://t.co/w1V2Nwd2kT
Britain will be vulnerable to gas shortages and high energy prices next winter because of the failure of the government and Centrica to reach agreement on expanding the UK’s largest gas storage site at Rough, energy experts and MPs have warned
https://t.co/t3JKUYmRQQ
Today, fully half our gas is either piped in from Norway, Holland and Belgium, or shipped from the US and Qatar. We are not reliant on Russian gas, but we are enmeshed in a market that is.
@phil_tinline explores how Britain squandered its gas wealth. https://t.co/EqIzQ56nR7
Greenpeace activists have boarded a ship in the Atlantic Ocean that was heading to a Shell oil and gas field near the Shetland Islands https://t.co/iws57LwIos
“Natural declines in existing production sources mean there needs to be continuing upstream investment in oil and natural gas over the next 30 years” https://t.co/tSaFri01iW