Where is oil as Laura hits? Morning Sankey 8/27/20

By Paul Sankey Published on August 27, 2020 at 8:35 AM

Corporate newsflow remains quiet, with the market awaiting more details on the historic announcement from BP on its climate change plans, due September 14th-16th. Several major US oil investors consider this BP move a 100-year strategy shift for big oil. Notably the stunning -40% oil and gas production reduction, as a strategy pillar. US investors remain cynical, the most negative seeing the announcement as a smokescreen for the dividend cut. Elsewhere re-injection issues for ExxonMobil/Hess […]

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Ovintiv Q2 2020 Results

By Paul Sankey Published on July 28, 2020 at 9:47 PM

Why didn’t we pursue this strategy BEFORE the crisis? Harry Hindsight with his take on OVV’s Q2 results. Continue reading

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Morning Sankey Biden Time

By Paul Sankey Published on July 15, 2020 at 8:50 AM

Washington Brief: the latest Biden energy plan announced yesterday is essentially roll up of the AOC/Bernie Sanders Green New Deal and Nancy Pelosi’s recent HEROES Act, not passed by the Senate, which represent huge – multi-trillion – US$ government spending. Intelligence from Washington: if the Democrats sweep in November, it’s happening. Intelligence from Washington: will the Democrats sweep in November? Yes. These are opinions based on public facts, but informed and respected opinions. Meanwhile, also […]

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