Discover and read the best of Twitter Threads about #Oil
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Thread
Comments by Paal Kibsgaard, Schlumberger Chairman & CEO
1- "Still, the well-established market consensus that the #Permian can continue to provide 1.5 million barrels per day of annual production growth for the foreseeable future is now starting to be called into question"
Comments by Paal Kibsgaard, Schlumberger Chairman & CEO
1- "Still, the well-established market consensus that the #Permian can continue to provide 1.5 million barrels per day of annual production growth for the foreseeable future is now starting to be called into question"
2- "In fact, so far in the third quarter, the hydraulic fracturing market has already softened significantly more than we expected in spite of the overall rig count holding up relatively well."
3- "Still, what is already clear is that unit well performance, normalized for lateral length and pounds of proppant pumped, is dropping in the Eagle Ford as the percentage of child wells continues to increase."
#Oil #Permian #EagleFord #shale
#Oil #Permian #EagleFord #shale
💦HugeDeluge💦
📌Russia has 'Trump over a barrel'
🐬Sam Patten charged w/ FARA violations & has a long time connection w/ RU intel agent, Kilimnik (&Manafort) is connected to Cambridge Analytica
📌Trump’s fav targets in the RU probe are experts in org crime.
📌Tsunami soon.
📌Russia has 'Trump over a barrel'
🐬Sam Patten charged w/ FARA violations & has a long time connection w/ RU intel agent, Kilimnik (&Manafort) is connected to Cambridge Analytica
📌Trump’s fav targets in the RU probe are experts in org crime.
📌Tsunami soon.
💦HugeDeluge2💦
Trump’s fav targets in the RU probe have spent their careers in the DOJ & the FBI investigating RU organized crime & 💰💦.
📌Bruce Ohr tried to indict Russia crime boss Mogilevich in 2006-07.
📌Mogilevich is vindictive that's why Trump is targeting McCabe.
Trump’s fav targets in the RU probe have spent their careers in the DOJ & the FBI investigating RU organized crime & 💰💦.
📌Bruce Ohr tried to indict Russia crime boss Mogilevich in 2006-07.
📌Mogilevich is vindictive that's why Trump is targeting McCabe.
💦HugeDeluge3💦
📌McCabe ran the Mogilevich inv’n that got him on the top 10 list.
📌Lisa Page helped corner many RU assets tied to Mogilevich.
📌Ohr was in charge of negotiation w/ Mogilevich.
📌McCain 🍀 light the Dossier to the FBI & refused to stop it.
Ergo Trump 🎯🎯
📌McCabe ran the Mogilevich inv’n that got him on the top 10 list.
📌Lisa Page helped corner many RU assets tied to Mogilevich.
📌Ohr was in charge of negotiation w/ Mogilevich.
📌McCain 🍀 light the Dossier to the FBI & refused to stop it.
Ergo Trump 🎯🎯
On @tagaq's recommendation, I had the chance to watch @Alethea_Aggiuq’s documentary #AngryInuk, It's about how #WhiteSupremacist #vegan lobbyists have decimated Inuit communities with food insecurity. If you care about justice, watch this: nfb.ca/film/angry_inuk
I want to be clear, opposition to the #sealhunt is #WhiteSupremacist and #racist in nature. It is absolutely clear to me that, at best, organizations like @peta ignore their impact on #Inuit. At worst, they're party to an intended programme of starvation.
In the entire course of her documentary, @Alethea_Aggiuq tried meeting with #vegan and #animalrights activists to discuss their impact on #indigenous communities. Every single attempt at communication was met with silence or avoidance.
#Burkas are like wearing a crusifix&should b defended,said Scots leader liberal+lesbian,irresponsibly ignoring that a crusifix is a symbol of #Christianity,which holds t western civilisation,while #nijab is a symbol of oppression enforced recently in #Islam by the #Saudi #Wahhabi
#Liberals accusing #Iranian govt of"oppressing women" who must wear a lose scarf,but do not protest against the #Saudi #Wahhabi reactionary dogma,while it's creeping as political #Islam to combat western #civilisation at the end.If it's sounds like fiction,think Saudi investments
Serious problem wth "western civilisation"mental health.Giving up easily to full veil wearing wthout asking what the cover symbolises,wthout questioning why it came from archaic #Saudi #Wahhabi #Sharia #Regime by force,is👉rejection of progressive western values.Period
US officials say sanctions on #Iran that have been waived for the past 2½ years will officially be snapped back tomorrow. More extensive sanctions on #oil expected in November.
#Iran will be prohibited from tomorrow from using US$.
Ultimate aim is to seek a new #nuclear agreement, according to US officials.
🇨🇳Chinese officials are launching a new offensive to support growth:
1/ #China Says Regulators Will Work to Unclog Monetary Transmission - Bloomberg
*Official Link (Chinese): bit.ly/2ADxRKE
bloomberg.com/news/articles/…
1/ #China Says Regulators Will Work to Unclog Monetary Transmission - Bloomberg
*Official Link (Chinese): bit.ly/2ADxRKE
bloomberg.com/news/articles/…
2/ #China's NDRC issues draft rules opening access to #oil, #gas infrastructure - Reuters
- China will encourage, support private investment in oil, gas pipelines infrastructure.
*Official Link (Chinese): bit.ly/2LYl6Pi
uk.reuters.com/article/uk-chi…
- China will encourage, support private investment in oil, gas pipelines infrastructure.
*Official Link (Chinese): bit.ly/2LYl6Pi
uk.reuters.com/article/uk-chi…
3/ #China should encourage overseas companies to list A-shares and bring in more foreign investors, according to a front-page commentary in the China Securities Journal.
*Link (Chinese): bit.ly/2vAu3UG
*Link (Chinese): bit.ly/2vAu3UG
Russian directive 4 #EU: dismantle, separate UK, the weaken Germany while increasing presence from West 2 East #US directive: dismantle NATO, weaken US relationships around globe & especially with Canada while strategizing 2 move north 2 retake Alaska & northern Canada
Trump has been so enamored w/ the power of Putin he doesn’t realize this trade war with China is exactly what Putin wanted. In 2016 US made deal with China 2B their #1 provider of #NaturalGas & #Oil but now with tariffs & trade war all that surplus will be devoured by tariffs
Did he really think Putin would B ok with the U.S. backdooring him? No! While we’re busy with #CivilUnrest Putin will manipulate the #MidEast & #EU & then when he’s got it all in place & we think they’re our BFF’s they’re going 2 turn on an isolated America 1st & all alone
ABD'nin ozellikle son donemde S.Arabistan, #Iran uzerinden sert bir dille verdigi tum mesajlarin altinda ki asil hedefi #Çin'dir..
Daha dogrusu petro-dolar ile petro-Yuan arasinda yasanan amansiz savaş..
Bu konuyu tum ayrintilariyla irdeleyerek
🔻#FLOOD'umuza🔻 baslayalim.
Daha dogrusu petro-dolar ile petro-Yuan arasinda yasanan amansiz savaş..
Bu konuyu tum ayrintilariyla irdeleyerek
🔻#FLOOD'umuza🔻 baslayalim.
1-Çin ile ABD arasında yaşanan ekonomik hegemonya savaşı, 2018 yılının başlarından itibaren yeni ve daha etkili bir evreye girdi. 2000’lerden bu yana dünya hegemonyasında ekonomik üstünlüğü ele geçirmiş olan Çin, bu hegemonyasını pekiştirecek yeni adımlar attı.
#KiminBaşarısı
#KiminBaşarısı
2-Trump, Mart ayının ilk günlerinde, “çok aptalca olan ticaret anlaşmaları ve politikaları nedeniyle”, ABD’nin yıllık 800 milyar$ bütçe açığı verdiğini ve buna bir son vereceğini söyledi. Ardından, çelik ithalatına %25, alüminyum ithalatına ise %10 ek gümrük vergisi getirdi..
Guyana has come into a massive cache of offshore petroleum thanks to string of discoveries by @ExxonMobil & its partners. @manuelaandreoni and I wrote about the issues at play for @ForeignPolicy. Read on for a #Guyana and #oil thread 1/ foreignpolicy.com/2018/06/19/the…
The small South American country has never produced oil before, but now its reserves seem to keep growing. Just today, one of ExxonMobil’s partners announced another find offshore 2/
businesswire.com/news/home/2018…
businesswire.com/news/home/2018…
A former British colony, #Guyana is English speaking, part of the the @commonwealthsec and home to around 750K, according to the country’s '12 census. The biggest population groups are Guyanese of African descent, & those who trace their roots to India. 3/
statisticsguyana.gov.gy/census.html
statisticsguyana.gov.gy/census.html
Thread....
What is the size of the global #oil spare production #capacity?
1- Spare capacity doesn't matter, what matters is the "effective spare capacity", which is what you can bring on line within 90 days of crude quality that buyers are willing to buy.
#OPEC
What is the size of the global #oil spare production #capacity?
1- Spare capacity doesn't matter, what matters is the "effective spare capacity", which is what you can bring on line within 90 days of crude quality that buyers are willing to buy.
#OPEC
2- therefore, there are three conditions:
a- Supply: has to be produced within 90 days
b- Demand: Buyers are willing to buy it: crude quality and price wise
c- Delivery: Ability to deliver to byers. Stranded #oil production with no pipeline to transport should not be counted,
a- Supply: has to be produced within 90 days
b- Demand: Buyers are willing to buy it: crude quality and price wise
c- Delivery: Ability to deliver to byers. Stranded #oil production with no pipeline to transport should not be counted,
3- Effective spare capacity can be maintained for a long period if needed. Here we have to distinguish between "effective spare capacity" and "surge capacity." If those countries have to increase production only for few days, they can use surge capacity, which is way higher
#Total CEO Patrick Pouyanné: [#Trump's] announcement on #Iran clearly is pushing the price up. And I would not be surprised to see $100 per barrel in the coming months because, clearly, you will have some impacts.
#Oil #IranDeal
csis.org/analysis/conve…
#Oil #IranDeal
csis.org/analysis/conve…
Impact of the Petro-Yuan (w/ Gold settlement option) contract still to be seen; first Yuan contract settles in September 2018. As @Ole_S_Hansen notes, trading volume of the Petro-Yuan oil contract continues to build. A developing story. #OOTT #PetroGold
The Yuan/Gold settlement oil contract China has launched will fundamentally impact the Petro Dollar's dominant status. Out comes the mallet.
cnbc.com/2018/05/17/tru… #oott #oil
cnbc.com/2018/05/17/tru… #oott #oil
Russia has been receiving physical gold payment from China for oil for years.
President Trump can see where this is inevitably going globally.
Out comes the mallet.
zerohedge.com/news/2018-05-1…
#oil #oott #gold #petrogold
President Trump can see where this is inevitably going globally.
Out comes the mallet.
zerohedge.com/news/2018-05-1…
#oil #oott #gold #petrogold
Don’t worry about #Malaysia ’s #GST repeal, higher #Oil and sales tax will help. #ge14. The BN lost control of government. Dr. #MahathirMohamad stated that he will repeal the goods and services tax (GST) and replace it with the sales and services tax (SST). Why? @chedetofficial
#Najib passed the #GST to offset declining revenue as dependence on #oil backfired when oil prices collapsed. It's a tax on the final consumer & generates more tax revenue than the SST. In 2017, GST was 25% of the total tax revenue and 3.3% of GDP - key reason people are negative
But what's key is the rise of oil, which raises oil tax. So #GST becomes less key! Look at the relationship b/n oil and oil tax. Very strong! We assume oil rises to 73 (basically now) & 10% increase of subsidy, & SST revenue (less than GST). Let's look at what happens to fiscal
1) #NicolasSarkozy was #France’s president 2007-2012, was arrested & is being questioned about his illegally financed campaign by #Gaddafi in #Libya, some backstory.
How did Sarkozy go from accepting #illegal cash to advocating overthrow?
#QAnon #Corruption @POTUS #FRA #LeMonde
How did Sarkozy go from accepting #illegal cash to advocating overthrow?
#QAnon #Corruption @POTUS #FRA #LeMonde
2) A total of $50m was funneled. And it wasn't done via wire transfer. Franco-Lebanese businessman Ziad Takkiedine claims he carried suitcases full of cash in 2006 and 2007.
$50m is double the legal campaign limit in France.
timesofisrael.com/ex-french-pres…
#QAnon #TheStormIsHere
$50m is double the legal campaign limit in France.
timesofisrael.com/ex-french-pres…
#QAnon #TheStormIsHere
3) This story is not new. Here is an article from it back in 2014.
telegraph.co.uk/news/worldnews…
#Sarkozy is a corrupt #swamp rat. He's been dogged by corruption claims forever. A simple search will show a laundry list.
#qanon #DrainTheSwamp #France #Corruption
telegraph.co.uk/news/worldnews…
#Sarkozy is a corrupt #swamp rat. He's been dogged by corruption claims forever. A simple search will show a laundry list.
#qanon #DrainTheSwamp #France #Corruption
We need to talk about the real conflict of interest in Washington.
Who has access to these pipelines? Why is ISIS really in Syria? Caliphate? [Expand your thinking]
How did ISIS form? When?
Contained?
Controlled?
Defeated?
#MAGA
Who has access to these pipelines? Why is ISIS really in Syria? Caliphate? [Expand your thinking]
How did ISIS form? When?
Contained?
Controlled?
Defeated?
#MAGA
Why was Benghazi so vital?
Why so many CIA there?
What competition does Israel have with this European pipeline?
Why so many CIA there?
What competition does Israel have with this European pipeline?
Gazprom sounds kind of familiar.
How does Ukraine fit into this pipeline?
Seems like Russia v. Israel is lining up pretty well in the Energy competition.
How does Ukraine fit into this pipeline?
Seems like Russia v. Israel is lining up pretty well in the Energy competition.
