Menu

Recent Interviews

Jerre Foo, Corporate Development Executive, Silkroad Nickel

Jerre Foo
Corporate Development Executive | Silkroad Nickel
50 Armenian Street #03-04, 179938 Singapore (SGP)

enquiries@silkroadnickel.com

+65 6327 8971

Silkroad Nickel: 'The course is set for dynamic profit growth.'


Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG

Dr. Thomas Gutschlag
CEO | Deutsche Rohstoff AG
Q7, 24, 68161 Mannheim (D)

info@rohstoff.de

+49 621 490 817 0

Interview Deutsche Rohstoff AG: "We can imagine additional investments in the field of electromobility."


Steve Cope, President, CEO and Director, Silver Viper

Steve Cope
President, CEO and Director | Silver Viper
1055 W Hastings St Suite 1130, V6E 2E9 Vancouver (CAN)

info@silverviperminerals.com

+1-604-687-8566

Interview with Silver Viper: Future price drivers and takeover fantasy


21. April 2020 | 08:54 CET

BP, Royal Dutch Shell, Total - which tanker companies are getting booked now?

  • Oil
Photo credits: pixabay.com

The contact restrictions around the globe have led to a decrease in the consumption of crude oil. A large part of the crude oil produced worldwide comes from OPEC countries. These countries depend mainly on the sales revenues from the black gold with their national budgets. The largest producing countries currently include the USA, Saudi Arabia and Russia. In the period before the Corona Pandemic, these countries each produced around 10 barrels (159 litres) per day. At a price of USD 65.00 per barrel, this means that the daily sales revenue was around USD 650 million. The price of WTI today costs around USD 21.50 per barrel, which at the same production rate only corresponds to sales of USD 215 million per day - the cuts are significant.

time to read: 1 minutes by Mario Hose


Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG
"[...] China's dominance is one of the reasons why we are so heavily involved in the tungsten market. Here, around 85% of production is in Chinese hands. [...]" Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG

Full interview

 

Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author


Sell or store?

The groups like BP, Royal Dutch Shell and Total all have the same problem, what to do with the oil, if nobody can use it in the usual quantity at the moment? Sell it at a low price or store it for a fee and then offer it on the market later? After all, from the producers' point of view, each barrel can only be sold once.

However, some countries or companies have no choice and have to produce and sell at any price because of their liquidity needs. Oil traders then buy the production and store it if their financial framework allows it.

Secured through the crisis

Then there are companies that have secured their production as a precautionary measure and can watch the current oil price development calmly. The young company Saturn Oil & Gas from Canada recently announced that they have hedged around half of their daily production volume at a price of over 65.00 CAD per barrel until February 2021. The management took the helm at Saturn three years ago and is now building an environmentally friendly oil producer from it.

dynaCERT CEO Jim Payne was recently appointed as a member of Saturn's Board of Directors. This is an interesting step, as dynaCERT has patented a hydrogen technology that can significantly reduce the emission of pollutants in combustion engines.

Portfolio of tanker companies

There are various tanker companies around the world that are profiting from the current oversupply on the oil market. The listed companies include Diana Shipping, Frontline, Nordic American Tankers, Scorpio Tankers, Teekay Tankers and Top Ships. As long as the major oil producers are not able to concertedly adjust their production volume to current global demand, the tanker companies will experience hype.

Who would have thought it is possible that Tankers will become popular in 2020 and that speculators will be able to move the price of oil futures into negative territory on the expiration date?


Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author



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 long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


Related comments:

12. April 2021 | 11:43 CET | by Carsten Mainitz

BP, Saturn Oil + Gas, BASF - Fuel for the portfolio: lots of good news!

  • Oil

Opinions on the markets about where the oil price will stand in the short, medium and long term are becoming increasingly diverse. But there is also a lot happening strategically and operationally, which is easily lost in the jumble of information. Last week, British oil giant BP reported that it would reach its planned net debt target much earlier - as early as the first quarter. The highlight: The Group announced that it would again be buying back a large number of shares when it reached its target. How does Moody's rating change fit into the picture with an upgrade for the short-term and a downgrade for the long-term outlook? Below, we will take a closer look at the BP share, BASF's oil and gas shareholding developments and Wintershall Dea and its stock market plans. Also exciting is the opportunity presented by emerging Canadian oil and gas producer Saturn, which could enter a new dimension with a takeover.

Read

30. March 2021 | 11:19 CET | by André Will-Laudien

Saturn Oil + Gas - BP - BYD: Can hydrogen replace oil?

  • Oil

A pious wish goes again and again through the political decision-making centers of the world. How do we get the planet clean(er)? The Paris Climate Agreement came into force on November 4, 2016, exactly 30 days after 55 countries had already waved through acceptance in their parliaments. In the draft resolutions, 163 states had drawn up their climate protection plans; for the Federal Republic of Germany, this is the Climate Protection Plan 2050 with a long list of politically controversial individual measures. The core element remains the financially neutral CO2 steering levy, and air traffic to and from countries in the European Economic Area is also included. Donald Trump saw it as one of his first acts to say "NO." Now Joe Biden is turning the wheel back in the right direction - we hope!

Read

25. March 2021 | 08:15 CET | by Nico Popp

Gazprom, BP, Saturn Oil + Gas: Which oil stock is the best?

  • Oil

The oil price has long since left the crisis behind. Even though North Sea Brent crude prices have fallen somewhat in recent days, the outlook remains bright. At a time when everyone is talking about renewable energy, market experts emphasize that fossil fuels will continue to play an important role in the world. The energy transition is a process, not an event. Above all, oil producers that act sustainably could continue to score points. We present three stocks.

Read