By Paul Sankey
Published on August 1, 2024 at 7:41 AM
Comstock (Natgas) Resource: They Don’t Get It, but first, the truly shocker news overnight. Chevron-XOM-Hess arbitration delayed to May 2025. We do NOT subscribe to the market chatter that the third arbitrator in the CVX-Hess-XOM dispute over Guyana is Lee Raymond in a fake moustache. Also we believe that reports that the independent arbitrator is Tony the Exxon Tiger, are false. But this ExxonMobil spoiling tactic is working a charm, from their standpoint of holding …
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By Paul Sankey
Published on July 25, 2024 at 2:14 PM
We just took the Eurostar London to Paris, which City of Lights is empty. Above, the Quai D’Orsay, Notre Dame approaching renovation completion (later this year, fire was 2019). The 2024 Olympics are starting, and the streets are closed. No taxis, metro only to get around or foot. Paris is empty, the notoriously grumpy locals ain’t got time for all this. The local barman is berating the quiet. TGV (Train Grand Vitesse, fast French long …
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By Paul Sankey
Published on July 11, 2024 at 12:51 PM
Today shortly 2pm Rob West of Thunder Said on Happy Hour: Sankey Strategy Session | Rob West – Interest Form Chevron-Hess intraday Source: Bloomberg *CHEVRON-HESS DECISION DELAYED BY FTC TO AFTER EXXON ARBITRATION Guess it kind of makes sense, international asset or not, if the FTC wants to know the final nature of the deal before judging it. The bigger deal is the arbitration decision anyway, we think. Is there a timing agreement issue between …
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