Sunday Bets

By Paul Sankey Published on November 21, 2021 at 3:55 PM

Presentation today, and commentary below: Thursday evening annoucement: major sellside meeting by ExxonMobil: “updates to their company plan” on Wednesday December 1st. Sellside invited. Virtual. Big deal for ExxonMobil. We had pondered how ExxonMobil would manage their annual capex announcement, due in December, vs their traditional strategy update due next March. We pondered if plans would be ready in time for a December update, given the scale of board and management change that has occurred […]

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Morning Bundesnetzagentur 11/16/21

By Paul Sankey Published on November 16, 2021 at 8:57 AM

BREAKING Major European gas news, Germany regulator suspends approval of Nordstream 2. Bullish news on Shell Corning glance on high glass prices BREAKING Watchers.News: Natural gas prices in Europe soared again on Tuesday, November 16, 2021, as the German Federal Network Agency — Bundesnetzagentur — suspended the process of certifying the new Russian gas pipeline called Nord Stream 2. The pipeline was completed in September 2021 and is designed to bypass Ukraine and connect Russia […]

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Friday Sankey 11/12/21

By Paul Sankey Published on November 12, 2021 at 8:54 AM

Just spent £100 on a belt that doesn’t fit. Huge Waist. The misuse of the word literally drives me figuratively insane. The sky was looking ominous so I asked Siri, “Surely, it’s not going to rain today?” She replied, “Yes it is, and don’t call me Shirley.” That was when I realized I’d left my phone on Airplane mode. Major geopolitical tension continues in Europe against the backdrop of natgas prices trading at $25/mmbtu before […]

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