Peter Hitchens
Peter Hitchens
Peter Jonathan Hitchensis an English journalist and author. He has published six books, including The Abolition of Britain, The Rage Against God, and The War We Never Fought. He is a frequent critic of political correctness, and describes himself as an Anglican Christian and Burkean conservative...
accepted agreement credible elf french government huge messy pressure
There was huge pressure on Elf to come to an agreement, ... The French government didn't want a messy situation, and Elf's (counter-)bid was not accepted as credible by the market.
although asia crisis dropped near rest shell
Shell is getting near crisis point. Although the Asia crisis has bottomed out, the rest of the world has dropped off.
drill performance poor shell
Shell has had another poor performance with the drill bit.
likely regarded
Eni had always been regarded as a likely predator.
cycle earnings follow industry investment oil peak tend
Earnings tend to follow the cycle in oil prices, and this is the peak of the cycle. Going forward, there is a lot of investment from the industry in capacity.
seems system
The whole of the U.S. system seems to be creaking at the moment,
insult muslim myth needs tolerance
The myth about Muslim tolerance needs to be exploded, Behead those who insult Islam.
depress despite group growth increase suggest
Despite the increase, there is nothing to suggest that the group will be able to increase its growth prospects, which should depress returns.
among becoming best group integrated oil rather require
(The target) would require the group becoming one of the best explorers among the integrated oil companies, rather than one of the worst.
cold month snap spike towards
If we get a cold snap we could spike towards $30 and it is sustainable at $25 for a month or two.
balance difficult seems
It still seems in the balance and it is very difficult to call,
performance
It's a better performance from refining and marketing.
In other words, it will go Total's way.
beginning groups management parameters
We all put in the same parameters for BP and Shell, but BP just comes out better. The differences in management between the two groups are really beginning to show through.