Zig’s Place Chatroom News Early Saturday  5-14-22

Zig: Welcome to Zig's Place, a chat room for dinar speculators and others....discuss any topic that you wish

TWW   Countries in the International Organization for Standardization Link: https://en.wikipedia.org/wiki/Countries_in_the_International_Organization_for_Standardization

Sheila   ISO

butterfly   Any news @TWW

Sheila   @TWW Worked by ISO standards when I worked construction.

TWW   butterfly read just above

butterfly   TWW sorry I have been doing several things while I am typing on here. Thanks I will go and read.

Sheila   @TWW Primarily ASME, ISO because we got parts and equipment from all over the world.

TWW   sheila yep

Sparky   sheila ... I just slam stuff up ... lol ...

Dave   TWW SPeed this up i need cash......

TWW   Dave indeed

Sparky   ...my best tool is a 5 pound sledge ...

Dave   just a nickle....i aint greedy

Sparky   ... commercial solar ...

Sparky   ... ear protection is a must when working near me ...

Sheila   TWW And IEEE - big one

Sparky   ... lol ...jk ...

TWW   sheila BO BOL 068 Bolivia, Plurinational State of IBNORCA Correspondent member ...ZW ZWE 816 Zimbabwe SAZ Member body

Sheila   @TWW Anything else to share? Headed out to watch NBA games with friends.

Sparky ... engineers are paper pushers, when the reality hits, they shit their pants ...

TWW   sheila hope u have a great time

Sheila   TWW Glad I bought bolivar and zim when everyone was telling me they were only good for wallpaper.

TWW   sheila they did to me aswell

Sparky   ... rev 2,3 4,5 ...

sheila   TWW planning to take break from everything rv for few hours

TWW   sheila ok

Dave   Sparky was an engineer....

sheila   TWW and they were dirt cheap. one 1M bolivar note is now selling for about 20. When we bought same notes, they were going for 1-1.80 each.

Sheila   @TWW anyway... gotta go be back later. have good evening all

TWW   ROI

Dave   1.80 to 20......wow

Dave   missed thyat boat too

Dave   2000% ROI

butterfly   https://www.texastribune.org/2022/05/12/texas-border-security-mission-treasury/ Treasury Department opens investigation into Gov. Greg Abbott’s use of federal funds for border mission

Texas has been using coronavirus relief money to help pay for the multibillion-dollar deployment.

butterfly   About time............................Sen. Elizabeth Warren and Rep. Pramila Jayapal have introduced the Judicial Ethics and Anti-Corruption Act, which would overhaul the judicial recusal process, impose a code of conduct on the Supreme Court, & ban federal judges from owning individual stock.

butterfly   Missing Picasso spotted at home of former Philippines first lady ............ https://nypost.com/2022/05/13/missing-picasso-spotted-at-home-of-former-philippines-first-lady/?utm_source=twitter_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons

butterfly   Celebrity endorsers keep quiet as cryptocurrency market appears to crash: In a flashy advertising campaign for http://Crypto.com, Hollywood star Matt Damon told potential cryptocurrency investors that "fortune favors the brave." But after via NBC News https://www.nbcnews.com/tech/tech-news/cryptos-steep-decline-investors-worried-celebrity-boosters-say-rcna28544

butterfly   This is for you @Dave: .......... https://twitter.com/KyivIndependent/status/1525251218360176646

butterfly   Snoopdog might buy Twitter.

Butterfly   SULAIMANI — The US dollar to Iraqi dinar exchange rates were up in the Kurdistan Region’s markets on Saturday (May 14).

$100 was at 148,400 Iraqi dinars, 250 IQD higher than the previous day.

100 British pounds was at 170,000 Iraqi dinars, 2,000 IQD lower, and 100 euros was at 156,500 IQD, 1,500 Iraqi dinars lower.

butterfly   SULAIMANI — Crude oil prices were up on Saturday (May 14) compared to the previous day.

The price of Brent crude was at $111.55, up from $108.3 the previous day, and the price of WTI crude was at $110.49, up from $106.6.

butterfly   2022-05-14 05:53   Shafaq News/ Japan Petroleum Exploration Co. said May 13 it expects to more than double its equity crude oil sales to 935,000 kl or 5.88 million barrels in fiscal year 2022-23 (April-March), up from 357,000 kl in the previous fiscal year due mainly to increasing sales of Iraqi and US crude.

In Iraq, the operator of the Gharraf oil field in which Japex holds a stake, Malaysia's Petronas, is working with the Iraqi government to bring about a production capacity boost that has been delayed by pandemic impacts coupled with some local security concerns.

"It is true that our investment target, or a production increase has been delayed unfortunately," Michiro Yamashita, Japex director and senior managing executive officer, told an earnings press conference.

"Petronas, the operator, is holding various talks with the Iraqi government as it proceeds its development works, and it is being worked on to raise the production capacity appropriately," Yamashita said.

Output at the Gharraf field, located in southern Iraq, had been set to rise to 230,000 b/d by the end of 2020. It produced around 130,000 b/d in April, up from an average of 100,000 b/d over January-March, a company spokesman said separately.

While declining to elaborate on the timelines for reaching the 230,000 b/d output target, Yamashita told S&P Global Commodity Insights that "the most sensible production plan" is under discussions. He said this takes into consideration the impact of the coronavirus pandemic on oil demand and current OPEC+ oil production quotas.

The Gharraf field started production in August 2013 under a technical service contract with Iraq 's South Oil Co. The consortium consists of Petronas with a 45% stake, Japex Garraf with 30% and North Oil Co. with 25%. Japex holds a 55% stake in Japex Garraf, with state-owned Japan Oil, Gas and Metals National Corp. holding 35% and Mitsubishi 10%.

butterfly   Japex, meanwhile, expects its US tight oil production to rise to 880,000 barrels in FY 2022-23, up more than seven times from 120,000 barrels, as it expands its upstream investments, Yamashita said.

Japex will invest about $500 million from 2022 to 2024 to develop tight oil interests in the southern US, including existing assets and interests to be acquired later this year by its US subsidiary.

Japex said its investments in the wellbore interests acquired in Texas and Oklahoma will start raising its tight oil production from the middle of this year.

Japex entered US tight oil development in 2012 by acquiring development interests in the Eagle Ford formation in Middle McCowen, southern Texas. Since then the company has continued to invest in its assets, including the acquisition of additional interests in the same formation in 2013.

In the previous fiscal year ended March 31, Japex pulled out of its operated oil sands project and a shale gas project in Canada, putting an end to its oil and gas projects in the country as part of its business portfolio review.

It sold its shares in Japan Canada Oil Sands, or JACOS, which was wholly owned by its subsidiary Canada Oil Sands, or CANOS, to Alberta-based HE Acquisition Corp., ending its involvement in Canadian oil sands that started in the 1970s.

Meanwhile, Japex plans to raise its LNG sales by 23% year on year to 363,000 mt in FY 2022-23, up by 68,000 mt year on year, as it had deferred the scheduled procurement of a spot LNG cargo in the previous fiscal year because of high spot LNG prices.

butterfly   2022-05-14 04:50   Shafaq News/ The U.S. dollar (USD) exchange rate against the Iraqi dinar (IQD) registered a notch in the daily transactions at the official markets of Baghdad on Saturday.

Shafaq News Agency correspondent said that the Central al-Kifah and al-Harithiya exchanges are trading the USD at a rate of 148,250 IQD to 100, 100 IQD above Thursday.

Our correspondent said that the selling and buying rates of 100 USD in the local markets of the Iraqi capital rested at 148,750 and 147,750 IQD, respectively.

In the capital of the Kurdistan Region, Erbil, exchange transactions are halted on weekends.

butterfly   From a post on Twitter: ......... $ 28,856.30 USD= price of one bitcoin today, down from $65 K!!!

I thank my lucky stars I have no money to invest in bitcoin!!

butterfly   The baby formula crisis was caused by corporate negligence in an overconcentrated market with no competition. When CEOs and big corporations have no accountability, working families pay the price......Val Demings

butterfly   2022-05-14 09:38   Shafaq news/ The Group of Seven industrialized nations said Saturday they would never recognize the borders Russia is trying to shift in its war against Ukraine and pledged enduring support for Kyiv.

Russia invaded Ukraine on February 24 but Kyiv’s forces managed to push Moscow’s troops back from the capital. The conflict is now well into its third month.

“We will never recognize borders Russia has attempted to change by military aggression, and will uphold our engagement in the support of the sovereignty and territorial integrity of Ukraine, including Crimea, and all states,” the G7 foreign ministers said in a statement after three days of talks in northern Germany.

They also vowed to expand sanctions to include sectors on which Russia is dependent and keep supplying Ukraine with weapons to help it repel Russia’s invasion.

“We reaffirm our determination to further increase economic and political pressure on Russia, continuing to act in unity,” they said.

Western countries have supplied Ukraine with artillery, anti-aircraft missiles, anti-tank weapons and other powerful material, but Kyiv has been pushing allies for more support.

As the war drags on, the G7 foreign ministers also highlighted the growing impact of the war on poorer countries, especially in the area of food security.

The ministers also slammed Belarus over its stance on the war.

“We ... call on Belarus to stop enabling Russia’s aggression and to abide by its international obligations,” they said.    Source: AFP

Butterfly   Minister of Water Resources: Drinking water is fully secured, and Iraq's water rights are a red line

Saturday 14 May 2022 16:31 ............. Minister of Water Resources Mahdi Rashid Al-Hamdani confirmed that drinking water is fully secured, stressing that Iraq's water rights are a red line./ End

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