Decarbonization - chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://vaclavsmil.com/wp-content/uploads/2022/03/Decarbonization_Algebra_The_COP26_Calls_for_Impossibly_Steep_Cuts_in_Carbon_Emissions_Numbers_Dont_Lie.pdf

“There’s no emergency” – dissident climatologist Dr Judith Curry on climate change
https://www.youtube.com/watch?v=YBdmppcfixM&t=4s

Johnchew5 - Haha is Russian’s invasion is going to be ended by ard Nov 2023 as predicted? Appreciate who made the prediction, thank you.

https://www.youtube.com/watch?v=sgOEGKDVvsg&t=142s
The energy transition delusion: inescapable mineral realities

https://www.youtube.com/watch?v=sgOEGKDVvsg&t=142s
Minerals required for transition ...

Here are youtubes on the limitation of renewable energy :
a) https://www.youtube.com/watch?v=3o0xzCa2fLQ&t=149s
b) https://www.youtube.com/watch?v=AdJH3tKjvzM

Geological Survey of Finland, GTK, wrote a paper on bottlenecks in Raw Materials Supply Chain for the new renewable economy: https://www.gtk.fi/en/research/time-to-wake-up/

Further evidence that climate change / warming is a hoax : http://www.williamengdahl.com/gr22October2022.php

Further evidence that climate change / warming is a hoax : http://www.williamengdahl.com/gr22October2022.php

To all investors of Chinese origin, have a delightful reunion dinner with lots of laughter and happy moments. And a Healthy, prosperous Rabbit year ahead.
To the others, happy holiday.

https://www.zerohedge.com/geopolitical/net-zero-will-lead-end-modern-civilisation-says-top-scientist

twynstar - happy new year to you and family.

There will be other sources of oil outside usa. BUT, they will not be able to be delivered in the short time like shale (tight) oil. This means that inventories will not be building or possible reduce further in the coming quarters.

Another bank going to cut finance to oil and gas projects:
https://www.scmp.com/business/banking-finance/article/3203340/hsbc-under-pressure-climate-policies-stop-funding-new-oil-and-gas-projects

Dayang 3Q22 revenue, 338M is 2.5X that of Petra's 133M.
Also, Dayang's issued shares is 2B while Petra's is only 321M.

So by just giving EPS 4.57 of Dayang vs 7.57 of Petra is insufficient to make an investment decision.

twynstar - recently? Appreciate link, thank you very much.

mrcrab - source please, thanks,

Hmmm ... https://www.zerohedge.com/markets/biden-admits-truth-no-more-oil-drilling-energy-stocks-set-soar

Now that mid-term election is near (nov 8), any movement on price of oil will not have any effect on the results, if any it will be negligible.

Understand oil market (& oil price):
https://www.youtube.com/watch?v=Q6bkJp5SJJk

The experiment in Europe is getting interesting:
https://www.zerohedge.com/geopolitical/lets-get-out-nato-discontent-soars-across-europe-russian-sanctions-backfire

Truth about solar panels and its coming waste problem:
https://www.mackinac.org/blog/2022/bright-panels-dark-secrets-the-problem-of-solar-waste

Post removed.Why?

Now Greta is controlling Germany: https://www.zerohedge.com/political/after-gretas-blessing-germany-extends-life-three-remaining-nuclear-plants

Post removed.Why?

Post removed.Why?

Here is Maybank Investment Bank take on Hibiscus - indeed the Future is Bright:
https://mkefactsettd.maybank-ke.com/PDFS/282827.pdf

More comments on OPEC+ cut for better understanding of the potential effect of the proposed cut: https://www.hellenicshippingnews.com/pimco-opec-production-cuts-show-energy-security-has-a-price/

Rystad, an energy adviser Hibiscus frequently uses, stated that OPEC+ 2M cut provides stability to the oil market, etc.:
https://www.rigzone.com/news/brent_likely_to_hit_100_per_barrel_by_year_end-07-oct-2022-170632-article/

The intrigue of oil price: https://oilprice.com/Latest-Energy-News/World-News/US-Officials-Promised-Saudis-It-Wouldnt-Let-Oil-Market-Collapse.html

The Saudi was tricked once by the previous us President in 2018/9 that sanction Iran oil and at the last moment gave wavier to many countries causing price to collapse. Well, white men speak with forked tongue, Saudi appears to not trusting usa anymore.

Mid-term usa election is on 8/11. The need to posture for lower oil price could be become redundant soon.

twynstar - many thanks

Investment of 270 trillion required to meet net-zero:
https://www.hellenicshippingnews.com/investments-of-270-trillion-needed-to-meet-net-zero-targets-by-2050-study-shows/

Occidental on oil supply tightness:
https://www.zerohedge.com/markets/world-risks-living-oil-shortage-while-warns-occidental-ceo

Why the world still need oil:
https://www.zerohedge.com/energy/ramping-renewables-cant-provide-enough-heat-energy-winter-0

An alternative view about climate change (famine) timeline 39:13
https://www.youtube.com/watch?v=sY8aFSY2zv4

UN control what ones should think:
https://www.zerohedge.com/technology/we-own-science-un-official-admits-they-partner-google-control-search-results

Goldman Sachs is bullish : https://www.zerohedge.com/markets/opec-taking-fed-and-goldman-buying-every-barrell-it-can-find

us congressperson telling banks to stop financing fossil fuel
https://twitter.com/UncommonYield/status/1572743593508638722?s=20&t=EPls7-q0rbA8Uz4VxUolGw

AET or EAT, what are these in the world of oil:
https://www.hellenicshippingnews.com/oil-in-a-decarbonising-world/

Please elaborate dodgy financials, Bruce_Wayne, thank you.

Spare oil capacity at less than 2% of global consumption
https://www.hellenicshippingnews.com/head-of-uaes-adnoc-says-little-room-for-manoeuvre-in-oil-markets/

This is Bank Negara - again a non-elected person
https://www.theedgemarkets.com/article/bnm-financial-sector-vital-manage-climaterelated-risks-support-transition

Sslee, on what basis do you think that oil price will move to 70-80 range?

Where is "SmartMoney" investing:
https://oilprice.com/Energy/Energy-General/Private-Equity-Scoops-Up-Oil-And-Gas-Assets.html

And where the "SmartMoney" is going:
https://oilprice.com/Energy/Energy-General/Private-Equity-Scoops-Up-Oil-And-Gas-Assets.html

Thank you very much twynstar.

UN "threaten" oil & gas again: https://oilprice.com/Latest-Energy-News/World-News/UN-Secretary-General-Fossil-Industry-Is-Feasting-On-Windfall-Profits-As-Plane.html

UN repeats the "threats" to de-fund oil & gas
https://oilprice.com/Latest-Energy-News/World-News/UN-Secretary-General-Fossil-Industry-Is-Feasting-On-Windfall-Profits-As-Plane.html

https://www.hellenicshippingnews.com/lower-oil-prices-defy-robust-forecasts-for-global-demand/

https://www.zerohedge.com/commodities/us-shale-warns-energy-stricken-europe-no-bailout-coming

DBS has just released their "glidepath" to support Asia journey to a low carbon economy.
https://www.dbs.com.sg/documents/1038650/382494047/Our+path+to+net+zero+oil+and+gas.pdf/2e41158a-1a91-8199-c767-d97209360cab?t=1663025549840
IEA - International Evergy Agency provides the guideline on the timeline reduction and the banks, in this case DBS, will provide finance accordingly. Basically, no finance unless the O&G companies move away from oil and gas projects.
Well, the net result should be supply reduction as projects become fewer and fewer due to lack of finance.

twynstar - Thank you for the clarification on operational matters.