Royal Dutch Shell Share Discussion Threads

[grupo] 16/1/2021 12:14

Heirs Holdings expands oil and gas portfolio, acquires 45% of OML 17 from Shell, Total, ENI Business News By Tribune Online On Jan 15, 2021 Share Heirs Holdings, the leading African strategic investor, in partnership with affiliated company, Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest publicly listed conglomerate, announced on Friday the acquisition of a 45 per cent participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI. In addition, TNOG Oil and Gas Limited will have sole operatorship of the asset. The transaction is one of the largest oil and gas financings in Africa in more than a decade, with a financing component of $1.1 billion, provided by a consortium of global and regional banks and investors. OML 17 has a current production capacity of 27,000 barrels of oil equivalent per day and, according to estimates, 2P reserves of 1.2 billion barrels of oil equivalent, with an additional one billion barrels of oil equivalent resources of further exploration potential. The investment demonstrates a further important advance in the execution of Heirs Holdings’ integrated energy strategy and the Group’s commitment to Africa’s development, through long term investments that create economic prosperity and social wealth. Heirs Holdings’ heritage and approach to business fundamentally underscores its commitment to inclusive development and shared prosperity with its host communities. Heirs Holdings is fully invested in the development of the Niger Delta region. Heirs Holdings’ strategy of creating the leading integrated energy business in Africa is executed through a series of strategic portfolio holdings. Transcorp is one of the largest power producers in Nigeria, with 2,000 MW of installed capacity, through ownership of Transcorp Power Plant and the recent acquisition of Afam Power Plc and Afam Three Fast Power Limited. Transcorp closed the $300 million Afam acquisitions in November 2020. Transcorp supplies electricity to the Republic of Benin, as part of an emphasis on promoting regional integration and delivering robust power supply to catalyse development in Africa. Transcorp also operates OPL 281, under a production sharing contract with the Nigerian National Petroleum Corporation (NNPC). Similarly, Heirs Holdings’ subsidiary, Tenoil is the operator of OPL 2008, under a production sharing contract with NNPC. Tenoil also owns the Ata Marginal Field, which will commence production in Q2, 2021, with 3,500 barrels of oil per day. Chairman of Heirs Holdings, Tony Elumelu stated: “We have a very clear vision: creating Africa’s first integrated energy multinational, a global quality business, uniquely focused on Africa and Africa’s energy needs. The acquisition of such a high-quality asset, with significant potential for further growth, is a strong statement of our confidence in Nigeria, the Nigerian oil and gas sector and a tribute to the extremely high-quality management team that we have assembled. “As a Nigerian, and more particularly an indigene of the Niger Delta region, I understand well our responsibilities that come with stewardship of the asset, our engagement with communities and the strategic importance of the oil and gas sector in Nigeria. We see significant benefits from integrating our production, with our ability to power Nigeria, through Transcorp, and deliver value across the energy value chain.” Speaking further, he said “I would like to thank Shell, Total and ENI, for the professionalism of the process, the Federal Government of Nigeria, the Ministry of Petroleum Resources, and the NNPC for the confidence they have placed in us.” Speaking on the investment, the President/GCEO of Transcorp, Owen Omogiafo, said “This deal further demonstrates Transcorp’s integrated energy strategy and our determination to power Africa.” Heirs Holdings was advised by Standard Chartered Plc, as Global Coordinator, and United Capital Plc, with a syndicate of lending institutions including Afreximbank, ABSA, Africa Finance Corporation, Union Bank of Nigeria, Hybrid Capital, and global asset management firm Amundi. The deal also involves Schlumberger as a technical partner, as well as the trading arm of Shell as an offtaker. Https://tribuneonlineng.com/heirs-holdings-expands-oil-and-gas-portfolio-acquires-45-of-oml-17-from-shell-total-eni/

[grupo] 16/1/2021 11:22

Https://seekingalpha.com/news/3651817-shell-declares-force-majeure-on-nigeria-s-forcados-crude?mail_subject=rds-a-shell-declares-force-majeure-on-nigeria-s-forcados-crude&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha Shell declares force majeure on Nigeria’s Forcados crude Jan. 15, 2021 8:59 AM ETRoyal Dutch Shell plc (RDS.A)By: Carl Surran, SA News Editor2 Comments Royal Dutch Shell (RDS.A, RDS.B) says loadings of Nigeria's key export grade Forcados are on force majeure due to the shutdown of the Trans Forcados pipeline. The pipeline initially had shut down for maintenance but "community disturbances" disrupted the exercise; the pipeline thus remained shut for longer than scheduled, causing Shell to declare force majeure. Forcados is one of Nigeria's top export grades; production has fallen sharply to ~250K bbl/day in recent months, as it has come under pressure to adhere to its OPEC+ cut obligations. Exports of Qua Iboe also are currently on force majeure due to production issues triggered by a fire at the Qua Iboe terminal last month. Shell's November-December gains are "just the beginning - now is a great time to buy," Portfolio Navigator writes in a bullish analysis published recently on Seeking Alpha.

[sarkasm] 13/1/2021 08:56

Royal Dutch Shell a 1,507.6 +1.13% Royal Dutch Shell b 1,449.2 +1.09% certainly A shares at a nice premium despite the withholding tax

[grupo] 13/1/2021 07:45

correct most uk investors buy B due to not wanting to be subject to the dutch dividend withholding tax A fact that always amused me was in the unlikely event of liquidation,it would be A shareholders would be first in line for the assets if any i must look at volumes now all the best

[riskvsreward] 13/1/2021 07:35

Thanks Grupo. Agree with your post. But surely the Dutch withdrawal tax for rdsa is a negative for UK investors. The other factor is why nobody (Institutional investors) make arbitrage trade considering that this share is very liquid.

[grupo] 13/1/2021 07:15

I BELIEVE In short they are two different companies containing different aspects of the group The other imoacts is tax and currency impacts RDSA is subject to Dutch tax law EDIT Https://askanydifference.com/difference-between-rdsa-and-rdsb/ riskvsreward 13 Jan '21 - 07:03 - 2812 of 2812 0 0 0 Any good reason why rdsa is quite a bit (3-4%) higher than rdsb?

[riskvsreward] 13/1/2021 07:03

Any good reason why rdsa is quite a bit (3-4%) higher than rdsb?

[grupo] 13/1/2021 05:39

Royal Dutch Shell PLC (NYSE: RDS-A) was started in coverage with a Buy rating and a $51 price target at Mizuho. The consensus target for the integrated energy leader is $45.77.

[florenceorbis] 12/1/2021 15:38

Oil major Royal Dutch Shell PLC will cut 330 jobs from its U.K. operations in the North Sea over the next two years, according to a report by the BBC. --Most of the job cuts are from office roles in Aberdeen, as well as projects that are in the process of being decommissioned in the region. --Shell said the U.K. remains a focus of investment for the company. Full story: Https://bbc.in/3nCBa87 Write to Barcelona editors at [e-mail] (END) Dow Jones Newswires January 12, 2021 10:11 ET (15:11 GMT)

[grupo guitarlumber] 09/1/2021 10:44

Http://www.shell.com/global/aboutshell/investor/financial-calendar.html February 4, 2021 Fourth quarter 2020 results and fourth quarter 2020 interim dividend announcement February 11, 2021 Shell Strategy Day

[waldron] 08/1/2021 20:28

Bp 298.7 +1.25% Royal Dutch Shell A 1,468.2 -0.42% Royal Dutch Shell B 1,417.4 -0.49% Total 37.485 +0.07% Engie 13.305 +1.80% Eni 9.03 -0.42% Tullow Oil (TLW) :33.00 0.65 (2.01%)

[sarkasm] 05/1/2021 21:52

LONDON BRENT OIL (XBNT) Add to my list Delayed Quote. Delayed - 01/05 04:33:18 pm 53.51 USD +5.69%

[grupo] 05/1/2021 08:05

Https://seekingalpha.com/news/3648616-total-partners-win-egypt-offshore-block-exploration-permit?mail_subject=rds-a-total-partners-win-egypt-offshore-block-exploration-permit&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha

[waldron] 04/1/2021 18:26

Total, Shell partner for offshore Egypt block Total will operate a new exploration block in the Egyptian sector of the Mediterranean Sea. Jan 4th, 2021 Map Total Enters A New Operated Exploration Permit In Egypt (002) (Courtesy Total) Offshore staff PARIS – Total will operate a new exploration block in the Egyptian sector of the Mediterranean Sea. The North Ras Kanayis Offshore block covers 4,550 sq km (1,757 sq mi) in the Herodotus basin, 5-150 km (3.1-93 mi) offshore, in water depths ranging from 50-3,200 m (164-10,498 ft). According to Total, this is an underexplored area: terms for the concession include 3D seismic acquisition during the first three years. The company will have a 35% interest, in partnership with Shell (30%), KUFPEC (25%), and Tharwa (10%). Kevin McLachlan, senior vice president Exploration at Total, said the award “reinforces our presence in Egypt, following a gas discovery made in July 2020 with the Bashrush well on the North El Hammad license [Total 25%], to be developed through a tie-in to nearby existing infrastructure.̶1; 01/04/2021

[sarkasm] 04/1/2021 12:07

Royal Dutch Shell : Shell Switches EU Member State to Netherlands from UK Post-Brexit 01/04/2021 | 09:56am GMT (MT Newswires) -- Royal Dutch Shell (RDSA.L, RDSA.AS) said Monday it has chosen the Netherlands as its European Union member state for the purposes of the EU Transparency Directive following the UK's exit from the bloc. The petroleum company's shares gained 4% on Monday morning. Price (GBP): £1350.40, Change: £52.60, Percent Change: +4.05%

[grupo] 04/1/2021 11:58

Shell has been selected as Wärtsilä’s test oil partner for the company’s engines undergoing factory testing (© Wärtsilä Corporation) Shell has been selected as Wärtsilä’s test oil partner for the company’s engines undergoing factory testing (© Wärtsilä Corporation) Wärtsilä selects Shell as test oil partner 04 Jan 2021by Riviera News Oil major Royal Dutch Shell will strengthen an existing partnership with Finland’s Wärtsilä’s by becoming a test oil partner for Wärtsilä engines during factory testing Linked In Twitter Facebook eCard Wärtsilä will use Shell engine oils at its engine manufacturing facilities. The company said Shell was selected because of the complete range of available lubricant oils for stationary engines running on gas, heavy fuel oil, gasoil or liquid biofuel. Wärtsilä Marine Power vice-president power supply, Stefa Nysjö said “Wärtsilä and Shell have a long-standing relationship, which involves collaborating in technology and product development. Lubricants play a key role in the factory acceptance tests of engines, so we are delighted to extend our co-operation to include this area of our operations.” “We are proud to extend our partnership with a technology leader such as Wärtsilä. Recognising that the engines are meticulously engineered and knowing the high quality of the production process, Shell’s lubricants will help ensure the equipment is well protected and able to perform optimally,” said Shell vice-president, global key accounts and new business development Steve Reindl. Shell is a leading supplier of engine oils to Wärtsilä globally. In addition to those used during the engine test procedures, Shell supplies hydraulic and gear oils as part of the factory production process. Shell’s Mysella, Argina and Gadinia range of engine oils have been developed to provide top-class engine cleanliness, enhanced wear protection, long oil life, and high system efficiency.

[grupo guitarlumber] 01/1/2021 13:45

Http://www.shell.com/global/aboutshell/investor/financial-calendar.html February 4, 2021 Fourth quarter 2020 results and fourth quarter 2020 interim dividend announcement February 11, 2021 Shell Strategy Day

[grupo guitarlumber] 01/1/2021 10:27

DIVI DATES Https://www.shell.com/investors/dividend-information/interim-dividend-timetable.html 4th quarter 2020 Event Date Announcement date February 4, 2021 Ex- Dividend Date for ADS.A and ADS.B February 18, 2021 Ex- Dividend Date for RDS A and RDS B February 18, 2021 Record date February 19, 2021 Closing of currency election date (see Note below) March 05, 2021 Pounds sterling and euro equivalents announcement date March 15, 2021 Payment date March 29, 2021 Note A different currency election date may apply to shareholders holding shares in a securities account with a bank or financial institution ultimately holding through Euroclear Nederland. This may also apply to other shareholders who do not hold their shares either directly on the Register of Members or in the corporate sponsored nominee arrangement. Shareholders can contact their broker, financial intermediary, bank or financial institution for the election deadline that applies.

[waldron] 31/12/2020 14:22

Tullow Oil (TLW) Share Price: 29.58 Change: -0.20 (-0.67%) Bp 254.8 -1.77% Vodafone 120.94 -1.23% Royal Dutch Shell A 1,297.8 -1.49% Royal Dutch Shell B 1,259.4 -1.01% Eni 8.548 -0.16% Total 35.3 -0.81% Engie 12.52 -1.38% Orange 9.734 -0.71% Axa 19.512 -0.83%

[waldron] 31/12/2020 12:17

Royal Dutch Shell plc's capital as at 31 December 2020, consists of 4,101,239,499 A shares and 3,706,183,836 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury. The total number of A shares and B shares in issue as at 31 December 2020 is 7,807,423,335 and this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Royal Dutch Shell plc under the FCA's Disclosure Guidance and Transparency Rules.

[waldron] 30/12/2020 19:43

Stocks Shell (RDS.A) to Supply SAF to DHL Express to Lower Emissions Contributor Zacks Equity Research Zacks Published Dec 30, 2020 10:58AM EST FEATURED IN SMART INVESTING Learn More Royal Dutch Shell Plc’s RDS.A Shell Aviation entered an agreement with global logistics services provider DHL Express to supply the latter with sustainable aviation fuel (“SAF”) at Schiphol Airport in Amsterdam. The deal makes DHL Express the first customer to be supplied under the SAF supply agreement between Shell and oil refiner Neste Oyj. The agreement, which was announced in Sep 2020, reflects the airlines’ increasing desire to reduce emissions and is expected to increase the SAF supply for the aviation industry. Notably, the agreement allows DHL Express to take usual flights operating on SAF. This marks significant progress toward its goal of zero transport-related emissions by 2050. Importantly, the amount of SAF, which Shell Aviation supplies, fulfills DHL Express’s yearly fuel requirements from Schiphol Airport, and helps to reduce its emissions from the European hub. DHL Express opines that the SAF will play a significant part to achieve its climatic ambitions of reducing the environmental impact of transport emissions. The sustainable fuel is formed by sustainably sourced, renewable waste and residue raw materials, and will be used in a combined form. Moreover, in its neat form and over the lifecycle, SAF reduces carbon emissions by up to 80% compared with fossil jet fuels. On its part, the deal sets an excellent example of how the aviation industry would expedite its path toward net-zero emissions by generating demand as the fuel industry aims to increase the supply of SAF. As commercial airlines are operating at a lower capacity, Shell considers the deal as an opportunity for the cargo sector to increase the uptake of SAF in the aviation industry. Further, the oil and gas major believes that cargo operators can play an important role to prompt the demand signals to boost investment in and use of SAF. Company Profile & Price Performance Shell is one of the primary oil majors — a group of U.S. and Europe-based big energy multinationals — with global operations. The company is fully integrated, as it participates in every aspect related to energy from oil production to refining and marketing.

[grupo] 30/12/2020 09:59

Oil Prices Continue Climb On Large Crude Draw By Julianne Geiger - Dec 29, 2020, 3:43 PM CST The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 4.785 million barrels for the week ending December 25. Analysts had predicted an inventory draw of 2.100 million barrels for the week. In the previous week, the API reported a build in oil inventories of 2.70-million barrels, after analysts had predicted a draw of 3.135 million barrels. Both Brent and WTI were up on Tuesday morning before the data release on hopes of a larger round of stimulus checks signed off on by President Donald Trump and the House on Monday. Gains continue to be capped, however, by OPEC's plans to gradually increase oil production after the start of the year despite lockdowns and depressed demand. Moments before Tuesday's data release, WTI had risen by $0.41 (+0.86%) to $48.03, up $.80 per barrel on the week. The Brent crude benchmark had risen on the day $0.44 at that time (+0.87%) to $51.30—up roughly $1 per barrel on the week. U.S. oil production held steady at 11.0 million bpd for the week ending December 18, according to the Energy Information Administration—;2.1 million bpd lower than the all-time high of 13.1 million bpd reached in March. The API reported a draw in gasoline inventories of 718,000 barrels of gasoline for the week ending December 25—compared to the previous week's 224,000-barrel draw. Analysts had expected a 1.778-million-barrel build for the week. Distillate inventories were down by 1.877 million barrels for the week, compared to last week's 1.03-million-barrel increase, while Cushing inventories rose this week by 131,000 barrels.­ At 4:36 p.m. EDT, the WTI benchmark was trading at $47.99, while Brent crude was trading at $51.07. By Julianne Geiger for Oilprice.com

[sarkasm] 27/12/2020 11:28

THE TELEGRAPH ‘Profits will grow seven-fold' – why oil stocks are set for a bumper 2021 Earnings could rocket at companies sensitive to the economy while utilities and technology firms may struggle By Sam Benstead 27 December 2020 • 5:00am The oil sector is primed for a blowout 2021, with profits set to rise seven times compared with 2020....