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Chapters 28.95 BP in trouble

In April of this year, at the stage when the Yushu earthquake broke out, there was actually something more eye-catching in the world.

That is the famous Gulf of Mexico oil spill.

On April 20, a violent explosion occurred at an offshore shipwreck in Louisiana, in the southern United States.

Starting on April 22, there have been reports one after another of oil leaks in this area.

There was no alarm at that time, but by the beginning of May, the oil spill continued to expand, and the quantity and speed of oil leaks reached new heights, and they continued to surge.

Taken from the sky, the entire large area is filled with black oil pollution zones, which is shocking.

This offshore oil *** and the nearby mining areas belong to BP.

You may not be familiar with British Petroleum, but when you talk about their abbreviation - BP, and their most famous sunflower logo, everyone will suddenly understand.

The world's largest oil company is also the largest group company in Europe. Its stock value has reached 150 billion U.S. dollars. It has a very high status in the oil field. It often makes American oil companies scratch their heads. It can be regarded as a sunset.

The British took a deep breath.

Their business is spread all over the world, and they have huge cooperation interests even in China. Even the Japanese can only retreat in this field in China.

Although they are not as scary as today's Internet companies, which can easily reach one or two hundred billion, in terms of actual social influence, these Internet companies combined cannot compare to BP, and even Xiao Qi's Fairy Company may not be able to

OK.

This is just like a country's industry and technology industry. You may think that it is not that valuable and not that profitable, but it is the most important foundation of a country, and it cannot survive without it.

These values ​​cannot be measured with money at all.

BP relies on its own influence to establish its presence in the global oil industry and oil derivatives industry. It continues to integrate into the industrial production of each country and obtain various benefits.

The corporate interests extended through its subsidiaries and holding companies amount to tens of billions of dollars, and its influence exceeds hundreds of billions of dollars. But not many people can clearly calculate the value of this part.

But they failed this time.

The oil spill in the Gulf of Mexico in the United States exceeded everyone's expectations. By mid-May, not only did they fail to control the speed and quantity of the oil spill, but it surged again. As a result, Louisiana in the southern waters of the United States

The coastlines of five states, Florida, Mississippi, Texas, and Alabama, have been severely affected.

Now the problem has become really big, and the entire United States has begun a crusade against BP Oil.

In fact, there are quite a lot of oil leaks in offshore oil drilling and production, but those are in other countries, not in the United States. Oil leaks are not allowed here with our Uncle Sam!

Obama in the United States personally called the British Prime Minister to put pressure on him, and members of Congress in the United States even threatened to kill BP. This made BP even more embarrassed and even more scrambling to fix the leaks.

It was not until July 15 that BP announced that the new oil control device had completely blocked the oil leak, and no more crude oil flowed into the Gulf of Mexico.

The first stage of the matter is over. What remains is the question of how to compensate the Americans. According to the American temper, BP Oil will peel off its skin this time even if it is not dead.

If it were BP before April, it would not be a big problem for them to be able to afford such compensation.

But in just three months, BP's market value has plummeted by more than 70%, leaving only a market value of about US$40 billion.

It is estimated that the Americans will demand at least US$5 billion to US$10 billion in compensation, which means that BP will have to sell a lot of company interests. If others take advantage of the situation, BP may not be able to survive for another 20 to 30 years.

Rejuvenate.

The most hateful thing is the Americans.

Originally, for such an oil spill, the maximum compensation provided by U.S. law was US$75 million. However, on July 16, the day after BP Oil announced that it had blocked the oil leak, the U.S. Senate held a meeting and voted to pass

A specific bill announced the abolition of BP Oil's compensation this time, until it is unlimited.

Awesome, right?

Americans who keep putting pressure on China and asking China to act in accordance with the law can easily pass specific bills to change the law!

Such shamelessness, China should definitely learn more about foreign trade and economic sanctions!

The British have nothing to do about the shamelessness of the Americans. They can only swallow their anger and prepare to slowly negotiate with the Americans.

On the one hand, it can reduce losses a little, and on the other hand, it can delay more time, allowing BP to recover a little more, and also have money to compensate.

However, how can you make BP Oil's stock price rise because of the expectation of huge compensation?

With no other option, BP Oil looked for helpers from all over the world to see if anyone could help raise the stock price and give them a hand.

Now, the bad consequences that Britain, this troublemaker, has accumulated in its daily life have been revealed.

Dutch Shell and France's Total, these well-known European oil companies, simply ignored their share swap agreements.

The American oil companies were willing, but they offered a super low price that made all the British want to beat them, so the business still couldn't be negotiated.

Japan and South Korea are similar. Not only did they offer low prices, but they also wanted to get involved in oil exploration and exploitation in Africa and the British North Sea. This was directly rejected by the British - BP's stock can still be sold through business after the business is good.

If the oil rights and interests in these areas are also sold, BP will have to break at least one of its arms, and it will not be worthwhile at all.

The oil giants in China are a little softer. They want to buy the oil interests of the British company BP in South American and Australian waters. For the British, although this will not break an arm, it will still break an arm.

a few fingers.

Facing obstacles everywhere, the brokers hired by BP thought of Xiao Qi.

If the world's richest man announces a high-profile purchase of BP shares and expresses his confidence in BP Oil, then the stock price of BP Oil will increase by at least about 20%, and as BP's other businesses continue to develop, the stock price will also be healthy.

The rise of the cycle is not a good idea.

Xiao Qi is not very interested in BP Oil, but the price offered by Goldman Sachs is very attractive.

BP is going to ask Xiao Qi to buy about 5% of the stock at the market price, and then they will use it to speculate, and Xiao Qi will also have the opportunity to buy 3% of the BP oil stock at the current price within the next 5 years.

rights.

Calculated, it is equivalent to Xiao Qi buying 8% of the shares of BP Petroleum Company for almost 3.2 billion US dollars, becoming the company's fifth largest shareholder and the second largest private shareholder.

Calculated based on the normal price of BP oil, this transaction can actually give Xiao Qi approximately US$12 billion in assets, which is considered a very good deal.

But there is also a certain risk here, that is, if BP Oil cannot return to normal prices within five years, then Xiao Qi may not necessarily exercise his right to purchase 3% of BP Oil stocks, which means he will lose the benefits.

But no matter what, the price of BP oil should not be around US$40 billion now, so in fact Xiao Qi's business will at least double the profit.

Taking into account the stable profitability of BP Oil and their various oil interests around the world, Xiao Qi finally agreed to this condition, but it needed to be changed. He would directly purchase 8% of BP Oil shares in the market, and BP

The benefit given by the oil company was to sell 20 billion US dollars of oil to Xiao Qi at a price of 50 US dollars per barrel of oil. The entire transaction was completed in three years.

When BP heard this, it was natural that it felt very stable, and it was a dream come true!

With Xiao Qi's investment vision, since he dares to buy so many BP Petroleum Company shares, it proves that he is optimistic about the future of BP Company.

Buying oil is even more popular. Although the current oil price has reached 65 US dollars, the price of 40 US dollars is 23% less than the normal price. But considering that what BP Oil Company lacks most now is cash, if there is an extra 20 billion

A super large order in US dollars can completely create a good performance and offset people's worries about BP's huge compensation.

Anyway, oil is everywhere and you can just dig it out. BP’s mining costs in Africa are so low that they can make a profit from just 40 US dollars!

They even actively proposed that there is no need to take the 20 billion US dollars of oil back to China. Isn't it just for Xiao Qi to buy oil for Xiaoyao Express, Xiaoyao Logistics and Qiwen Airlines?

We will refine all kinds of fuel for you in our own refinery, and you can just take the refined oil back when the time comes.

Xiao Qi couldn't help but laugh at this. The British are very good at finding every opportunity.

Buying oil is a way to make money, and refining oil is making another way. Although the profit is not too high, the sales and turnover generated are real achievements, and it can also promote production, which is good for them.

Simply killing two birds with one stone!

In the end, the young man naturally would not agree to this proposal. Although the refining level in China was a little worse, the gap was not big. It was not an aviation industry, but an oil product for civilian use, so there was still not so much emphasis on it.

How can it be better to let the British promote production flow than to provide more orders to factories in your own country? (~^~)


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