Menu

Recent Interviews

Nick Mather, CEO, SolGold PLC

Nick Mather
CEO | SolGold PLC
1 King Street, EC2V 8AU London (GB)

emichael@solgold.com.au

+44 20 3823 2125

SolGold CEO Nick Mather on building a major gold and copper mining company


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


20. January 2020 | 05:50 CET

Saturn Oil & Gas, TORC Oil & Gas, Whitecap Resources - it's time for harmless oil!

  • Oil

In recent years, there has been a growing trend in modern society that food must originate from the region and a declaration as 'organic' is now considered mandatory. Coffee beans from distant countries should definitely carry the label 'Fairtrade' and blood diamonds are rightly considered frowned upon. Consumers have changed the supply with their purchasing and market power. When will the oil market change?

time to read: 1 minutes by Mario Hose


 

Top 10 oil production

The global oil market is as large as all other commodity markets combined. It is therefore all the more important that this market functions properly, i.e. that supply and demand can meet in equal quantities to ensure fair pricing. In October 2019, the USA led the list of producing countries with a quantity of 12.6 million barrels per day.

Russia ranked second with 10.6 million barrels, followed by Saudi Arabia with 10.3 million barrels, Iraq with 4.6 million barrels and China with 3.8 million barrels. In sixth place was Canada with 3.6 million barrels per day, followed by Kuwait with 2.6 million barrels, Nigeria with 2.0 million barrels, Norway with 1.5 million barrels and Angola with 1.4 million barrels.

Tolerance despite death penalties

It is no secret that countries that rely on large deposits of raw materials are not necessarily modern and developed. Often dictators and autocrats have such countries firmly in their grip and the revenues tend to seep into private pockets rather than to promote and advance society.

For example, the death penalty is on the agenda in many producing countries and a large part of the proceeds from oil production goes into the military budget. The latter is probably also one reason why the political tolerance of the Western world towards countries with little understanding of human rights is so great.

More than 100 million barrels per day

With its high environmental standards, Canada is virtually the 'organic farmer' among the oil-producing countries. Based on facts, it is probably only a matter of time before a new trend emerges that oil must come from countries that, like Canada, protect the environment and respect human rights.

A development that will also benefit the companies Saturn Oil & Gas, TORC Oil & Gas and Whitecap Resources. The demand for oil in modern society will remain unbroken for many decades to come. Demand will continue to come not only from the energy sector, but also from other processing industries that require crude oil as an ingredient. Would consumers at the gas station prefer harmless fuel?


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:

24. September 2020 | 13:10 CET

BP, Saturn Oil & Gas, Shell: Citigroup and Goldman Sachs see oil price at USD 60

  • Oil

Oil producers may be facing an exciting turnaround. The experts from Citigroup and Goldman Sachs see the price of oil in 2021 already back at USD 60.00 per barrel or even above. The statements of the analysts are supported by the assumption that the current oversupply will have been reduced by then. The recovery of economies around the globe will bring demand for oil back to pre-corona pandemic levels by the end of 2021.

Read

21. August 2020 | 08:00 CET

BP, Saturn Oil & Gas, Shell - why this share is now interesting

  • Oil

The Corona pandemic is still keeping politics and business busy. The restrictions in everyday life are causing many changes for people. An end to the situation is not yet in sight and therefore great hope is being placed in the development of a vaccine against Covid-19. Those who want to position themselves for the time after this phase have excellent opportunities with the oil sector, one of the largest markets in the world.

Read

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.

Read