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- RavicRavic
  ·2021-06-24
  Great
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- RavicRavic
  ·2021-06-24
  Good
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- RavicRavic
  ·2021-06-24
  Cool
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- RavicRavic
  ·2021-06-24
  Nice
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- RavicRavic
  ·2021-06-24
  Cool
  非常抱歉，此主贴已删除
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- RavicRavic
  ·2021-06-23
  Cool
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- RavicRavic
  ·2021-06-23
  Nice
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- RavicRavic
  ·2021-06-23
  Oily
  Big Oil CEOs Join Traders in Seeing Possibility of $100 Oil
  (Bloomberg) -- The bosses of some of the world’s biggest oil companies said crude prices are likely
  Big Oil CEOs Join Traders in Seeing Possibility of $100 Oil
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- RavicRavic
  ·2021-06-23
  Cool
  Exxon Doubles Down On World’s Hottest Offshore Play
  The deeply impoverished former English colony of Guyana has become one of the world’s hottest offsho
  Exxon Doubles Down On World’s Hottest Offshore Play
  1,708 评论
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- RavicRavic
  ·2021-06-23
  Nice
  Krispy Kreme Seeks $640 Million in IPO as Sales Move Online
  (Bloomberg) -- Krispy Kreme Inc., the doughnut chain owned by JAB Holdings BV, is seeking to raise a
  Krispy Kreme Seeks $640 Million in IPO as Sales Move Online
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09:50","market":"fut","language":"en","title":"Big Oil CEOs Join Traders in Seeing Possibility of $100 Oil","url":"https://stock-news.laohu8.com/highlight/detail?id=1189547174","media":"Bloomberg","summary":"(Bloomberg) -- The bosses of some of the world’s biggest oil companies said crude prices are likely ","content":"<p>(Bloomberg) -- The bosses of some of the world’s biggest oil companies said crude prices are likely to keep rising because a lack of investment will curtail future supply.</p>\n<p>The chief executive officers of Royal Dutch Shell Plc and TotalEnergies SE joined major commodity traders and banks in predicting that oil could go as high as $100 a barrel, although they also said volatile markets could drive prices back down again.</p>\n<p>The lack of investment is “going to exacerbate supply and demand tightness as the economies pick back up again, and then in time we’ll see supply pick up and rebalance,” Exxon Mobil Corp. CEO Darren Woods said at the Qatar Economic Forum Tuesday. But “in the shorter term probably higher prices” are more likely.</p>\n<p>Trading house Trafigura Group said oil could top $100 a barrel over the next year. Bank of America Corp. also forecast this week that prices could jump to that level and Goldman Sachs Group Inc. said it doesn’t rule it out. Oil has climbed 44% this year as widespread vaccinations increase mobility and boost demand. Benchmark Brent crude was little changed at 2:55 p.m. in New York at $74.90 a barrel.</p>\n<p>Global oil markets had one of the most turbulent years in history last year with the coronavirus pandemic sending prices crashing. But economies in the West are growing again, roads in Europe and the U.S. are starting to fill up, and more Americans are flying. While that could drive prices higher in the near term, the energy transition means oil consumption could start to plateau and eventually decline in the longer term.</p>\n<p>The energy shift means there hasn’t been enough investment in oil and gas projects and that could push prices higher, Qatari Energy Minister Saad al-Kaabi said at the same event. BP Plc CEO Bernard Looney said earlier Tuesday that rising crude is helping the company’s energy transition plans and generating better cash flow and returns for shareholders.</p>\n<p>There’s “quite a chance” of reaching $100 a barrel, “but we could see again in coming years some low prices,” TotalEnergies CEO Patrick Pouyanne said. “We’ve been accustomed to volatility.”</p>\n<p>The Qatar Ministry of Commerce and Industry, Investment Promotion Agency Qatar and Media City Qatar are underwriters of the Qatar Economic Forum, Powered by Bloomberg.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Oil CEOs Join Traders in Seeing Possibility of $100 Oil</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Oil CEOs Join Traders in Seeing Possibility of $100 Oil\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 09:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/big-oil-ceos-join-traders-173420116.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- The bosses of some of the world’s biggest oil companies said crude prices are likely to keep rising because a lack of investment will curtail future supply.\nThe chief executive officers...</p>\n\n<a href=\"https://finance.yahoo.com/news/big-oil-ceos-join-traders-173420116.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/big-oil-ceos-join-traders-173420116.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189547174","content_text":"(Bloomberg) -- The bosses of some of the world’s biggest oil companies said crude prices are likely to keep rising because a lack of investment will curtail future supply.\nThe chief executive officers of Royal Dutch Shell Plc and TotalEnergies SE joined major commodity traders and banks in predicting that oil could go as high as $100 a barrel, although they also said volatile markets could drive prices back down again.\nThe lack of investment is “going to exacerbate supply and demand tightness as the economies pick back up again, and then in time we’ll see supply pick up and rebalance,” Exxon Mobil Corp. CEO Darren Woods said at the Qatar Economic Forum Tuesday. But “in the shorter term probably higher prices” are more likely.\nTrading house Trafigura Group said oil could top $100 a barrel over the next year. Bank of America Corp. also forecast this week that prices could jump to that level and Goldman Sachs Group Inc. said it doesn’t rule it out. Oil has climbed 44% this year as widespread vaccinations increase mobility and boost demand. Benchmark Brent crude was little changed at 2:55 p.m. in New York at $74.90 a barrel.\nGlobal oil markets had one of the most turbulent years in history last year with the coronavirus pandemic sending prices crashing. But economies in the West are growing again, roads in Europe and the U.S. are starting to fill up, and more Americans are flying. While that could drive prices higher in the near term, the energy transition means oil consumption could start to plateau and eventually decline in the longer term.\nThe energy shift means there hasn’t been enough investment in oil and gas projects and that could push prices higher, Qatari Energy Minister Saad al-Kaabi said at the same event. BP Plc CEO Bernard Looney said earlier Tuesday that rising crude is helping the company’s energy transition plans and generating better cash flow and returns for shareholders.\nThere’s “quite a chance” of reaching $100 a barrel, “but we could see again in coming years some low prices,” TotalEnergies CEO Patrick Pouyanne said. “We’ve been accustomed to volatility.”\nThe Qatar Ministry of Commerce and Industry, Investment Promotion Agency Qatar and Media City Qatar are underwriters of the Qatar Economic Forum, Powered by Bloomberg.","news_type":1,"symbols_score_info":{"CLmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123670921,"gmtCreate":1624422712763,"gmtModify":1631888133487,"author":{"id":"3554954813778698","authorId":"3554954813778698","name":"Ravic","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554954813778698","authorIdStr":"3554954813778698"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123670921","repostId":"2145659930","repostType":4,"repost":{"id":"2145659930","kind":"news","pubTimestamp":1624412880,"share":"https://www.laohu8.com/m/news/2145659930?lang=&edition=full","pubTime":"2021-06-23 09:48","market":"us","language":"en","title":"Exxon Doubles Down On World’s Hottest Offshore Play","url":"https://stock-news.laohu8.com/highlight/detail?id=2145659930","media":"Oilprice.com","summary":"The deeply impoverished former English colony of Guyana has become one of the world’s hottest offsho","content":"<p>The deeply impoverished former English colony of Guyana has become <a href=\"https://laohu8.com/S/AONE\">one</a> of the world’s hottest offshore drilling locations. Global energy supermajors have made a slew of major oil discoveries in Guyana’s and neighboring Suriname’s offshore waters, notably in the 6.6-million-acre Stabroek Block in which global energy supermajor Exxon has a 45% interest with 30% and 25% held by Hess and CNOOC respectively. By April 2021 Exxon had calculated that it had nine billion barrels of recoverable oil equivalent resources in the Stabroek Block. The integrated energy supermajor expects to be pumping more than 750,000 barrels daily from the block by 2026. Those numbers underscore the scale of the asset and its considerable potential.</p>\n<p>Exxon’s latest announcement demonstrates that Stabroek Block is delivering considerable returns for the global energy supermajor. Earlier this month the integrated energy company announced its second oil discovery for 2021 at the Longtail-3 well drilled in the Stabroek Block offshore Guyana. The well is roughly two miles from the Longtail-1 well drilled in 2018 and encountered 230 feet of net pay in what Exxon described as high-quality hydrocarbon-bearing reservoirs.</p>\n<p><b>Stabroek Block Offshore Guyana</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ccf56ad5a979019d329283ab088d2024\" tg-width=\"410\" tg-height=\"217\" referrerpolicy=\"no-referrer\"><span>Source: ExxonMobil 2021 Investor Day Presentation 3 March 2021.</span></p>\n<p>This discovery comes on the back of April 2021&nbsp;at the Uaru-2 well, drilled nearly 7 miles south of the Uarua-1 well. According to Exxon, the well encountered 120 feet of high-quality oil-bearing reservoirs. That discovery saw the energy supermajor upgrade its recoverable resource estimate for the Stabroek Block from eight million to around nine million barrels of oil equivalent. Exxon is conducting a 15 well drilling campaign for 2021 in the Stabroek Block. The company recently completed the Koebi well which<b>,</b> disappointingly<b>,</b> showed no commercial volumes of hydrocarbons and it is in the process of drilling the Whiptail target to the northwest of the 2020 Redtail discovery.</p>\n<p>Exxon has planned for 2021 a three exploration well drilling campaign in the Canje Block to the north of Stabroek. Exxon has a 35% interest in the Canje Block with 35% also held by French supermajor Total, 17.5% by JHI, and the remaining 12.5% controlled by Mid-Atlantic Oil and Gas.</p>\n<p><b>Canje Block Offshore Guyana</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0f330cd5057565c5fe689c025008cec7\" tg-width=\"438\" tg-height=\"445\" referrerpolicy=\"no-referrer\"><span>Source: JHI Associates.</span></p>\n<p>The March 2021 Canje Block Bulletwood-1 well discovered the presence of hydrocarbons in what Exxon described as quality reservoirs but was deemed to be non-commercial. The integrated oil supermajor is pressing on with its drilling program having restarted operations for the second exploration well Jabillo-1 with the Sapote-1 prospect to be drilled later this year.</p>\n<p>Exxon’s impressive run of oil discoveries in offshore Guyana sees it operating in the region with a healthy drilling success rate of around 80%, which is a superior record to many of its peers and other offshore oil basins. These events explain why offshore Guyana was earmarked as a priority&nbsp;for the global oil supermajor, despite earlier dry wells including the November 2020 Tanger-1 well in the Kaieteur Block and the January 2021 Hassa-1 well in the Stabroek Block.</p>\n<p><b>Related: The Real Reason Big Oil Is Giving Up On Iraq</b></p>\n<p>The attractiveness of operating in offshore Guyana is enhanced by the low breakeven costs associated with the jurisdiction. In a May 2021 Hess.com/static-files/cd1529dc-ddd7-41b4-8c08-07f973fe8ceb\"&gt;presentation, Exxon’s partner in the Stabroek Block Hess listed breakeven prices of $35, $32, and $25 per barrel Brent for the Liza phase 1, Payara, and Liza phase 2 developments respectively in the block. Those breakeven prices indicate the operations are highly profitable with Brent trading at around $74 per barrel and extremely resilient to another oil price collapse, which according to analysts is unlikely. This appeal is enhanced by the light sweet crude oil produced by the Liza Phase 1 operation, which achieved a nameplate productive capacity of 130,000 barrels per day during March 2021. The assay or Liza crude oil, which has an API gravity of 32 degrees and 0.58% sulfur content, indicates it is a light sweet grade. Those lighter sweeter crude oils are growing in popularity with refiners because they are cheaper and easier to distill into higher quality low emission fuels. This has become particularly relevant since the introduction of IMO 2020 at the start of January last year, which reduced the content of maritime bunker fuel to 0.5%, a seventh of what it had been previously. Those characteristics mean lighter sweeter crude oil grades sell for higher prices than heavier sour varieties. As a result, those oil varieties not only sell at a lower discount to Brent but in some cases, depending upon demand from refiners, can trade at a premium to the international oil price benchmark. This further bolsters the profitability of Exxon’s operations in the Stabroek Block explaining why the company has prioritized exploiting the asset.</p>\n<p>Offshore Guyana has emerged as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hottest offshore drilling locations globally. Exxon continues to report a steady stream of discoveries. If the energy supermajor’s 2021 Guyana drilling program continues to be successful, it is easy to see its recoverable oil resources in offshore Guyana exceeding 10 billion barrels by the end of this year. This will deliver a tremendous windfall for deeply impoverished Guyana, despite the controversy surrounding the favorable exploitation agreement Exxon was able to secure with the national government in Georgetown. The International Monetary Fund announced that Guyana’s economy expanded by an incredible 43% during 2020, despite the pandemic, and expects gross domestic product to grow another 16% this year because of the massive oil boom that is underway.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Exxon Doubles Down On World’s Hottest Offshore Play</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExxon Doubles Down On World’s Hottest Offshore Play\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 09:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/exxon-doubles-down-world-hottest-170000894.html><strong>Oilprice.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deeply impoverished former English colony of Guyana has become one of the world’s hottest offshore drilling locations. Global energy supermajors have made a slew of major oil discoveries in Guyana...</p>\n\n<a href=\"https://finance.yahoo.com/news/exxon-doubles-down-world-hottest-170000894.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://finance.yahoo.com/news/exxon-doubles-down-world-hottest-170000894.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145659930","content_text":"The deeply impoverished former English colony of Guyana has become one of the world’s hottest offshore drilling locations. Global energy supermajors have made a slew of major oil discoveries in Guyana’s and neighboring Suriname’s offshore waters, notably in the 6.6-million-acre Stabroek Block in which global energy supermajor Exxon has a 45% interest with 30% and 25% held by Hess and CNOOC respectively. By April 2021 Exxon had calculated that it had nine billion barrels of recoverable oil equivalent resources in the Stabroek Block. The integrated energy supermajor expects to be pumping more than 750,000 barrels daily from the block by 2026. Those numbers underscore the scale of the asset and its considerable potential.\nExxon’s latest announcement demonstrates that Stabroek Block is delivering considerable returns for the global energy supermajor. Earlier this month the integrated energy company announced its second oil discovery for 2021 at the Longtail-3 well drilled in the Stabroek Block offshore Guyana. The well is roughly two miles from the Longtail-1 well drilled in 2018 and encountered 230 feet of net pay in what Exxon described as high-quality hydrocarbon-bearing reservoirs.\nStabroek Block Offshore Guyana\nSource: ExxonMobil 2021 Investor Day Presentation 3 March 2021.\nThis discovery comes on the back of April 2021 at the Uaru-2 well, drilled nearly 7 miles south of the Uarua-1 well. According to Exxon, the well encountered 120 feet of high-quality oil-bearing reservoirs. That discovery saw the energy supermajor upgrade its recoverable resource estimate for the Stabroek Block from eight million to around nine million barrels of oil equivalent. Exxon is conducting a 15 well drilling campaign for 2021 in the Stabroek Block. The company recently completed the Koebi well which, disappointingly, showed no commercial volumes of hydrocarbons and it is in the process of drilling the Whiptail target to the northwest of the 2020 Redtail discovery.\nExxon has planned for 2021 a three exploration well drilling campaign in the Canje Block to the north of Stabroek. Exxon has a 35% interest in the Canje Block with 35% also held by French supermajor Total, 17.5% by JHI, and the remaining 12.5% controlled by Mid-Atlantic Oil and Gas.\nCanje Block Offshore Guyana\nSource: JHI Associates.\nThe March 2021 Canje Block Bulletwood-1 well discovered the presence of hydrocarbons in what Exxon described as quality reservoirs but was deemed to be non-commercial. The integrated oil supermajor is pressing on with its drilling program having restarted operations for the second exploration well Jabillo-1 with the Sapote-1 prospect to be drilled later this year.\nExxon’s impressive run of oil discoveries in offshore Guyana sees it operating in the region with a healthy drilling success rate of around 80%, which is a superior record to many of its peers and other offshore oil basins. These events explain why offshore Guyana was earmarked as a priority for the global oil supermajor, despite earlier dry wells including the November 2020 Tanger-1 well in the Kaieteur Block and the January 2021 Hassa-1 well in the Stabroek Block.\nRelated: The Real Reason Big Oil Is Giving Up On Iraq\nThe attractiveness of operating in offshore Guyana is enhanced by the low breakeven costs associated with the jurisdiction. In a May 2021 Hess.com/static-files/cd1529dc-ddd7-41b4-8c08-07f973fe8ceb\">presentation, Exxon’s partner in the Stabroek Block Hess listed breakeven prices of $35, $32, and $25 per barrel Brent for the Liza phase 1, Payara, and Liza phase 2 developments respectively in the block. Those breakeven prices indicate the operations are highly profitable with Brent trading at around $74 per barrel and extremely resilient to another oil price collapse, which according to analysts is unlikely. This appeal is enhanced by the light sweet crude oil produced by the Liza Phase 1 operation, which achieved a nameplate productive capacity of 130,000 barrels per day during March 2021. The assay or Liza crude oil, which has an API gravity of 32 degrees and 0.58% sulfur content, indicates it is a light sweet grade. Those lighter sweeter crude oils are growing in popularity with refiners because they are cheaper and easier to distill into higher quality low emission fuels. This has become particularly relevant since the introduction of IMO 2020 at the start of January last year, which reduced the content of maritime bunker fuel to 0.5%, a seventh of what it had been previously. Those characteristics mean lighter sweeter crude oil grades sell for higher prices than heavier sour varieties. As a result, those oil varieties not only sell at a lower discount to Brent but in some cases, depending upon demand from refiners, can trade at a premium to the international oil price benchmark. This further bolsters the profitability of Exxon’s operations in the Stabroek Block explaining why the company has prioritized exploiting the asset.\nOffshore Guyana has emerged as one of the hottest offshore drilling locations globally. Exxon continues to report a steady stream of discoveries. If the energy supermajor’s 2021 Guyana drilling program continues to be successful, it is easy to see its recoverable oil resources in offshore Guyana exceeding 10 billion barrels by the end of this year. This will deliver a tremendous windfall for deeply impoverished Guyana, despite the controversy surrounding the favorable exploitation agreement Exxon was able to secure with the national government in Georgetown. The International Monetary Fund announced that Guyana’s economy expanded by an incredible 43% during 2020, despite the pandemic, and expects gross domestic product to grow another 16% this year because of the massive oil boom that is underway.","news_type":1,"symbols_score_info":{"XOM":0.9}},"isVote":1,"tweetType":1,"viewCount":1708,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123647860,"gmtCreate":1624422689950,"gmtModify":1631888133497,"author":{"id":"3554954813778698","authorId":"3554954813778698","name":"Ravic","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554954813778698","authorIdStr":"3554954813778698"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123647860","repostId":"1126010678","repostType":4,"repost":{"id":"1126010678","kind":"news","pubTimestamp":1624412603,"share":"https://www.laohu8.com/m/news/1126010678?lang=&edition=full","pubTime":"2021-06-23 09:43","market":"us","language":"en","title":"Krispy Kreme Seeks $640 Million in IPO as Sales Move Online","url":"https://stock-news.laohu8.com/highlight/detail?id=1126010678","media":"Bloomberg","summary":"(Bloomberg) -- Krispy Kreme Inc., the doughnut chain owned by JAB Holdings BV, is seeking to raise a","content":"<p>(Bloomberg) -- Krispy Kreme Inc., the doughnut chain owned by JAB Holdings BV, is seeking to raise as much as $640 million in an initial public offering.</p>\n<p>The company said in a filing Tuesday that it plans to sell almost 27 million shares for $21 to $24 apiece. At the top end of the range, Krispy Kreme would have a market value of $3.86 billion based on the outstanding shares listed in the filing with the U.S. Securities and Exchange Commission.</p>\n<p>Amid photos of doughnuts dripping with sugary glaze and dotted with sprinkles, the company declares in the filing that its purpose is “to touch and enhance lives through the joy of Krispy Kreme.”</p>\n<p>Since its acquisition by Luxembourg-based conglomerate JAB in 2016, Krispy Kreme has expanded its online presence. Its e-commerce business now accounts for close to a fifth of sales in the U.S., fueled by its Insomnia Cookies delivery concept.</p>\n<p>Net revenue for the Charlotte, North Carolina-based chain rose 23% to $322 million in the quarter ended April 4, according to the filing. Its net loss for the quarter shrunk from $11 million in 2020 to $378,000 this year.</p>\n<p>Krispy Kreme plans to use proceeds from the IPO to pay down debt and buy back shares from certain executives, as well as for general corporate purposes, according to the filing. JAB will continue to own almost 78% of the company’s shares after the IPO.</p>\n<p>The offering is being led by JPMorgan Chase &amp; Co., Morgan Stanley, Bank of America Corp. and Citigroup Inc. The company plans to list on the Nasdaq Global Select Market under the symbol DNUT.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Krispy Kreme Seeks $640 Million in IPO as Sales Move Online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKrispy Kreme Seeks $640 Million in IPO as Sales Move Online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 09:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/krispy-kreme-sets-price-range-154753866.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Krispy Kreme Inc., the doughnut chain owned by JAB Holdings BV, is seeking to raise as much as $640 million in an initial public offering.\nThe company said in a filing Tuesday that it ...</p>\n\n<a href=\"https://finance.yahoo.com/news/krispy-kreme-sets-price-range-154753866.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DNUT":"Krispy Kreme, Inc."},"source_url":"https://finance.yahoo.com/news/krispy-kreme-sets-price-range-154753866.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126010678","content_text":"(Bloomberg) -- Krispy Kreme Inc., the doughnut chain owned by JAB Holdings BV, is seeking to raise as much as $640 million in an initial public offering.\nThe company said in a filing Tuesday that it plans to sell almost 27 million shares for $21 to $24 apiece. At the top end of the range, Krispy Kreme would have a market value of $3.86 billion based on the outstanding shares listed in the filing with the U.S. Securities and Exchange Commission.\nAmid photos of doughnuts dripping with sugary glaze and dotted with sprinkles, the company declares in the filing that its purpose is “to touch and enhance lives through the joy of Krispy Kreme.”\nSince its acquisition by Luxembourg-based conglomerate JAB in 2016, Krispy Kreme has expanded its online presence. Its e-commerce business now accounts for close to a fifth of sales in the U.S., fueled by its Insomnia Cookies delivery concept.\nNet revenue for the Charlotte, North Carolina-based chain rose 23% to $322 million in the quarter ended April 4, according to the filing. Its net loss for the quarter shrunk from $11 million in 2020 to $378,000 this year.\nKrispy Kreme plans to use proceeds from the IPO to pay down debt and buy back shares from certain executives, as well as for general corporate purposes, according to the filing. JAB will continue to own almost 78% of the company’s shares after the IPO.\nThe offering is being led by JPMorgan Chase & Co., Morgan Stanley, Bank of America Corp. and Citigroup Inc. The company plans to list on the Nasdaq Global Select Market under the symbol DNUT.","news_type":1,"symbols_score_info":{"DNUT":0.9}},"isVote":1,"tweetType":1,"viewCount":1999,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}