/PRNewswire/ Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today reported results of operations for the three months ended March 31, 2022..
/PRNewswire/ Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today reported results of operations for the three months ended March 31, 2022..
being independent and supplying long term gas contracts to europe and so on and so on. however we are in an era of disruption no question about it with first covid and now the war in ukraine and when i look at venezuela they re in our backyard. i don t feel like our leaders have paid enough attention to our backyard in a long time. venezuelans see themselves as american. sure we have maduro there, and he s a big problem and we have to deal with him. however venezuela have massive oil reserves, cul stain rye serves in every item we have which china krolls most of. i think there s a potential for venezuela. it s not the same as iran. and they re in our backyard, if we can take this opportunity to dislodge russian s relationship with venezuela this is an opportunity for disruption and a time to understand who he is and the deal that we can potentially get there but conventional thinking has to change a little
sanctions and the impact that would have had on all russian gains, particularly the big ones. and it s interesting that the white house has called this reopening a charade. this is not a real market. it s not a sustainable model. and he says that only underscores russia s isolation from the global financial system. this isn t the only big story today. overnight, president putin said they want unfriendly countries to pay for their gas contracts in rubles that would certainly be one way to try and shore up a currency that has lost so much of its value since the invasion of ukraine. i m not sure it would be legally al al al allow. this could put them in a sticky situation. anna? anna stuart, thanks very much. reporting live from london. will that will do it for me in lviv, ukraine for now. i m turning it over to our
overnight, and this as president putin is asking for payment for gas in rubles. what all can you tell us about this? it s interesting. last week the eu vice commissioner said that actually russia is using europe s reliance on energy against them. they haven t called on the u.s. and u.k. to cut off all ties meaning no embargo there. really interesting last night president putin suggested he wants unfriendly countries, which of course would be the eu and the u.s. to pay for their gas contracts with rubles. that would almost certainly be a breach of contract. he said the announcement to pay rubles is a breach of contract. we will discuss it with our european partners how to deal with it. this is an attempt to try and shore up its ruble which has lost so much of value. it is unlikely that would be