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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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Oilexco | LSE:OIL | London | Ordinary Share | CA6779091033 | COM SHS NPV (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 6.90 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
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21/5/2018 22:09 | Oil rises as US unveils fresh sanctions on Venezuela | ![]() bountyhunter | |
21/5/2018 22:09 | duplicate deleted | ![]() bountyhunter | |
21/5/2018 22:07 | Oil rises as US unveils fresh sanctions on Venezuela | ![]() bountyhunter | |
20/5/2018 20:30 | Aeg ready to fly!ireal RNS!!Sorry wrong board! | ![]() costax1654x | |
20/5/2018 15:31 | Royal Dutch Shell Shell faces shareholder challenge over climate change approach Investors back resolution calling on oil giant to set tougher carbon targets in line with Paris climate deal Adam Vaughan @adamvaughan_uk Sun 20 May 2018 14.43 BST Last modified on Sun 20 May 2018 14.51 BST Shares 6 Shell’s Brent Delta Topside offshore oil drilling rig The Dutch campaign group Follow This founder Mark van Baal presented a choice between Shell’s ‘whatever world’ or a world where firms aim to limit climate change below 2C. Photograph: Scott Heppell/AFP/Getty Images Royal Dutch Shell faces a shareholder challenge over climate change this week, as investors insist oil and gas firms should offer more transparency and action on carbon emissions. A growing number of pension funds have backed a resolution at Shell’s AGM on Tuesday, which calls on the company to set tougher carbon targets that are in line with the goals of the Paris climate deal. The proposal is supported by the Church of England, Dutch pension fund Aegon and, most recently, Nest, the workplace pension scheme set up by the UK government, which has £7m invested in Shell. Mark van Baal, founder of Follow This, the Dutch campaign group that brought the resolution, said: “Investors have a choice: vote for Shell’s ‘whatever world’ or vote for the world of the Church of England, a world in which all companies set targets to limit climate change to well below 2C.” The resolution has also been highlighted by 60 large investors managing more $10.4tn (£7.72tn) in assets, though they stopped short of publicly backing it. “Regardless of the result at the Shell AGM, we strongly encourage all companies in this sector to clarify how they see their future in a low-carbon world,” the investors, who include Axa Investment Managers and Legal & General Investment Management, wrote in an open letter. It is the third year in a row that Follow This has brought a climate resolution to Shell’s AGM. Ben van Beurden, Shell’s chief executive, has admitted the resolutions played a role in convincing the firm to announce a plan of halving the carbon footprint of the energy it sells by 2050. Follow This has welcomed the move but said it is not enough. Influential shareholder advisers have also urged investors to oppose the CEO’s remuneration package, which rose to €8.9m (£7.79m) in 2017. Institutional Shareholder Services (ISS) said van Beurden’s €3m (£2.63m) bonus was not warranted, given how the firm performed on its sustainable development targets. Advisory group Pensions and Investment Research Consultants (Pirc) also recommended opposition. Sign up to the Green Light email to get the planet's most important stories Read more A Shell spokesperson said the company “strongly disagreed” with ISS’s concerns, noting the advisory group had supported the policy that had put the bonus framework in place. They added: “We share the objective of Follow This for Shell to show leadership in the energy transition but we consider their resolution unnecessary as we have already outlined an approach, through our industry-leading net carbon footprint ambition, that is wider-ranging and more progressive.” Rival oil giant BP also faces a potential challenge – over pay – during its AGM in Manchester on Monday, the first time the London-based firm has held the event outside the capital in more than a century. The British oil firm said about 40% of its shareholders live north of Birmingham and Manchester’s location and transport links would be convenient for retail investors. The company’s healthy profits off higher oil prices mean the extraordinary 2016 shareholder revolt over chief executive Bob Dudley’s £14m pay package is unlikely to be repeated. But some proxy advisor groups have urged investors to reject Dudley’s £9.5m remuneration for 2017, which Pirc said was at an “unacceptable& | ![]() sarkasm | |
20/5/2018 12:43 | and although a little out of date a good overview: | ![]() bountyhunter | |
20/5/2018 08:07 | more here... | ![]() bountyhunter | |
20/5/2018 08:05 | Iran signs oil deal with UK group as France's Total exits By THE ASSOCIATED PRESS | ![]() bountyhunter |
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