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2014-08-05 18:10:00

JKX WILL PROTECT

JKX WILL PROTECT

JKX Oil & Gas said it would be taking "operational and financial measures" to protect its interests after the Ukrainian government imposed emergency laws doubling the rate of tax on gas production in the country to 55 per cent.

Shares in the London-listed explorer and producer, which has assets in both Ukraine and Russia, fell by as much as 16 per cent to 34p on Monday from their Friday close of 40.25p, before recovering ground to trade at 37p by late morning.

The warning over the impact of the tax rise on its gas output, comes amid continuing clashes between Ukrainian government forces and pro-Russia separatists…

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Tags: JKX, UKRAINE, RUSSIA, GAS
Chronicle:
JKX WILL PROTECT
2021, April, 15, 13:09:00
MASTERING WIND POWER 23 – 30 June 2021
Mastering Wind Power LIVE ONLINE COURSE OVER 5 SESSIONS Commences: 23 June 2021 – 30 June 2021 (7 – 10 am)
JKX WILL PROTECT
2021, April, 15, 13:05:00
U.S. OIL INVENTORIES DOWN 5.9 MB TO 492.4 MB
U.S. commercial crude oil inventories decreased by 5.9 million barrels to 492.4 million barrels.
JKX WILL PROTECT
2021, April, 14, 12:19:58
OIL PRICE: ABOVE $64 STILL
Brent rose 85 cents, or 1.3%, to $64.52 a barrel. WTI added 82 cents, or 1.4%, to $61 a barrel.
JKX WILL PROTECT
2021, April, 14, 12:15:00
GLOBAL OIL DEMAND WILL UP BY 6 MBD
In 2021, world oil demand growth is expected to increase by about 6.0 mb/d y-o-y, representing an upward revision of about 0.1 mb/d from last month’s report.
JKX WILL PROTECT
2021, April, 14, 12:10:00
U.S. OIL PRODUCTION WILL UP
Higher prices are buoying drillers’ confidence. Benchmark Nymex oil gained nearly 35% in the past four months after OPEC and its alliance cut production to strike a balance between demand and supply. The fossil fuel is also getting a bump as Covid-19 vaccinations progress and Americans travel again, boosting gasoline consumption.
JKX WILL PROTECT
2021, April, 14, 12:05:00
EUROPE NEED €150 BLN PER YEAR
The financing for the EU economic plan, agreed at 750 billion euros in 2018 prices, but totalling around 800 billion euros at current prices,
JKX WILL PROTECT
2021, April, 14, 12:00:00
EUROPEAN WIND INVESTMENT $51 BLN
The investments financed 19.6 GW of capacity that will be constructed in the coming years. Around 13 GW of this will be in the EU.
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