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Jared Scharf, CEO, Desert Gold Ventures Inc.

Jared Scharf
CEO | Desert Gold Ventures Inc.
4770 72nd St,, V4K 3N3 Delta (CAN)

jared.scharf@desertgold.ca

Desert Gold Ventures CEO Jared Scharf on West Africa and its potential


Stephan Dorfmeister, Finance Department, Deep Nature Project GmbH

Stephan Dorfmeister
Finance Department | Deep Nature Project GmbH
Untere Hauptstraße 168, 7122 Gols (AT)

office@deep-nature.at

+43 681 10139055

Like Aurora Cannabis and Canopy Growth, Deep Nature Project GmbH focuses on value chain


Alison Coutts, Executive Chairman, Memphasys Ltd.

Alison Coutts
Executive Chairman | Memphasys Ltd.
30 Richmond Road, 2140 Homebush West (AUS)

alison.coutts@memphasys.com

+61 2 8415 7300

Memphasys Executive Chairman Alison Coutts on in vitro fertilisation (IVF)


26. March 2020 | 06:29 CET

BP, Royal Dutch Shell, Saturn Oil & Gas - now positioning for the oil rally

  • Oil

Russia and Saudi Arabia are in the middle of an oil war. This was preceded by negotiations on a joint reduction in production volumes in order to ensure price stability in connection with the Corona Crisis and the accompanying decline in demand. Russia has belonged to OPEC+ for three years in an extended circle. This has now come to an end, as no consensus decision has been reached. Saudi Arabia reacted with disgruntlement and has announced that it will increase its production volume. The oil price level now reached of less than USD 25 per barrel for WTI not only makes the US energy economy unprofitable, but also endangers the energy independence of the largest oil consumer. There is therefore enormous pressure to act.

time to read: 3 minutes by Mario Hose


 

Setting an example in the Presidency

In 1999, the G7 decided to establish a wider circle of countries in order to be able to react jointly to crises. The founding meeting of the G20 took place in December 1999 in Berlin. Since then, the presidency has changed every year and this year Saudi Arabia is chairing the group. This year's G20 Summit will take place on November 21 and 22 in Riyadh.

In the meantime, the focus is not only on joint crisis management, but also on long-term issues such as energy, health and climate. Russia is also a member of the G20 and pressure is growing on Saudi Arabia to ensure that the world community works together to find solutions in difficult situations. The presidency of Saudi Arabia is at the same time an opportunity to act responsibly and to bring the price of oil back up to a sensible level.

Massive price losses on the stock market

The shock following Saudi Arabia's announcement to increase production was huge and sent not only the oil price plummeting, but also the stock prices of most listed companies. The value of BP shares halved within a few weeks from over EUR 5.00 to under EUR 2.50. Royal Dutch Shell's share price development in the past four weeks was similar. The value of the shares also halved from over EUR 24.00 to under EUR 12.00.

Suncor Energy's share price developed even more dramatically in the same period, as it fell from over CAD 40.00 to under CAD 15.00. Chevron's share was also unable to escape this development and its value fell from over 112.00 USD to below 52.00 USD. As a result, the company has already announced a production cut of 125,000 barrels per day. With a price drop from CAD 4.20 to CAD 0.41, or over 90%, Torc Oil & Gas leads the field of losers.

Sustainability and human rights

The young Canadian oil producer Saturn Oil & Gas announced yesterday that the company has hedged half of its production volume until February 2021 at a price of over CAD 65.00. This is a forward-looking measure that will ensure attractive sales for the management for around a year. The company has recently appointed Jim Payne, CEO of dynaCERT, to the Board of Directors to be at the forefront of ESG in the future. dynaCERT has developed a hydrogen retrofit technology that will enable diesel engines to save fuel while reducing emissions of pollutants. The cooperation results in advantages for both sides. dynaCERT gains direct access to the oil industry and Saturn can not only save costs but also protect the environment.

The environmental regulations for the oil industry in Canada are among the strictest in the world. In view of the fact that modern society will continue to need oil in the future, it is only a matter of time before value is placed on particularly sustainable production and respect for human rights. A huge opportunity for Saturn Oil & Gas and the investors.

US government under pressure to act

A low price for oil also makes itself felt at the petrol station and can help to ensure that households have more money left over for the consumption of other things. In the context of the Corona Crisis, however, this effect does not occur, as a large proportion of people in the countries affected are restricted in their mobility and can consume less. The US government is under enormous pressure to ensure the independence of the domestic energy supply.

In addition to the friendly option of agreeing closer cooperation with Saudi Arabia, there is also the pressure to impose an embargo if necessary or to make foreign oil more expensive through taxes. For example, the US government could justify an embargo on the grounds that there are doubts about compliance with general human rights in various OPEC countries and Russia. Then such a measure would certainly also find broad approval among the domestic population. So in the election year not only jobs are in danger, but also votes.


Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold shares in the aforementioned companies and that there may therefore be a conflict of interest. Further details can be found in our Conflict of Interest & Risk Disclosure.


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19. June 2020 | 07:42 CET

BP, Saturn Oil & Gas, Shell - China's oil imports at new record high

  • Oil

The Corona Pandemic has turned the world upside down in many areas in recent months. The energy sector has not been able to escape the changes. First the demand for crude oil collapsed and then production was cut back. In the meantime, restrictions around the globe are being eased again and there are still opportunities to position oneself to benefit from the post-Corona upswing. The habits of the population in big cities have changed. Public transport is being avoided due to the risk of infection and instead cars are being moved more. In China, an average of 11.34 million barrels of crude oil were imported per day in May 2020. This record value exceeds the previous record from November 2019 by around 160,000 barrels per day.

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03. June 2020 | 10:02 CET

BP, Saturn Oil & Gas, Shell - Revenue and profit increase significantly

  • Oil

The oil price continues to gain momentum and is still trading around 40% below the January 2020 level, and now the right stocks are in the spotlight. In addition to the well-known major oil producers such as BP and Shell, there are also successful producers who are not yet so well known, but who certainly have potential. Last night the young Canadian oil producer Saturn Oil & Gas published the results of the past fiscal year. Due to the Corona Pandemic, the company had postponed the release, which is currently nothing special and is officially made possible by an extended deadline.

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19. May 2020 | 15:56 CET

BP, Chevron, ENI, Saturn Oil & Gas, Shell, Total - what investors need to know now

  • Oil

About a month ago, market participants around the world learned that the end of a price slide does not have to end at zero on the expiry date of WTI contracts. Anyone who thought that a barrel of American WTI at USD 0.01, which is 159 litres of crude oil, would be a special bargain on the expiration date and took the chance was taught an expensive lesson. The expiration date of 20 April 2020 will go down in history with an initial negative settlement price of USD -37.63. The USA is known to be the land of opportunity and this seems to be another chapter.

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