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Share Name Share Symbol Market Type Share ISIN Share Description
Royal Dutch Shell Plc LSE:RDSA London Ordinary Share GB00B03MLX29 'A' ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -49.80 -3.33% 1,444.80 1,436.20 1,437.00 1,488.20 1,432.60 1,480.20 13,318,109 16:35:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 13,205.3 -19,723.5 -203.3 - 59,255

Royal Dutch Shell Share Discussion Threads

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DateSubjectAuthorDiscuss
30/10/2020
17:36
Brent Crude Oil NYMEX 37.53 -1.60% Gasoline NYMEX 1.02 -0.71% Natural Gas NYMEX 3.30 -0.57% WTI 35.315 USD -2.40% FTSE 100 5,577.27 -0.08% Dow Jones 26,365.21 -1.10% CAC 40 4,594.24 +0.54% SBF 120 3,640.89 +0.46% Euro STOXX 50 2,958.21 +0.13% DAX 11,556.48 -0.36% Ftse Mib 17,958.69 +0.48% ├Źndice Bovespa 94,372.62 -2.29% S&P ASX 200 5,927.6 -0.55% Eni 6.011 +1.57% Total 25.82 +2.75% Engie 10.385 +1.12% Orange 9.63 +0.31% Bp 196.6 +1.62% Vodafone 103 -0.48% Royal Dutch Shell A 965.4 +3.51% Royal Dutch Shell B 929 +3.42% Tullow Oil (TLW) 19.865 0.69 (3.60%)
waldron
30/10/2020
11:39
Calum Muirhead 11:07 Fri 30 Oct 2020 Shell upgraded to equal weight as Barclays says new framework addresses key concerns The bank said the oil giant's framework set “clear priorities for dividend growth, debt reduction, additional shareholder returns and further growth” Royal Dutch Shell PLC (LON:RDSB) has been upgraded to ‘equal weight’ from ‘underweight’ by analysts at Barclays, who said the company’s new framework had addressed their “key concern” after the oil giant reinstated dividends in its results on Thursday. In a note on Friday, the bank also reiterated its 1,500p target price on the FTSE 100 firm and said the framework set “clear priorities for dividend growth, debt reduction, additional shareholder returns and further growth”. “On our own numbers we expect Shell to hit its new target net debt level [of US$65bn] in at the end of 2021 with the potential for US$2-6bn (2-7%) extra returns to shareholders per year beyond this”, Barclays said. The bank added that the framework aligned with its own approach and “should help demonstrate the real strengths that Shell has in a lower carbon world”. “We believe there is more to come from Shell strategically, but it is the combination of the establishment of a financial framework together with the potential cash generation we see that leads us to lift our rating to Equal Weight. We see close to 70% potential upside to our 1500p [price target]”, the bank added. Shell’s new framework includes cutting 9,000 staff in order to reduce its debts while also cutting the number of refineries it owns to six from 14. The company also said oil may have reached its “high point” and its production was unlikely to recover from the effects of the coronavirus pandemic, which battered economies and sharply reduced demand for ‘black gold’. Shares in Shell were up 1.5% at 911.8p in mid-morning trading. Proactiveinvestors
la forge
30/10/2020
07:42
Https://seekingalpha.com/article/4382979-royal-dutch-shell-plc-2020-q3-results-earnings-call-presentation?utm_medium=email&utm_source=seeking_alpha&mail_subject=rds-a-royal-dutch-shell-plc-2020-q3-results-earnings-call-presentation&utm_campaign=rta-stock-article&utm_content=link-0
waldron
29/10/2020
17:38
The Hague, October 29, 2020 - The Board of Royal Dutch Shell plc ("RDS" or the "Company") today announced an interim dividend in respect of the third quarter of 2020 of US$ 0.1665 per A ordinary share ("A Share") and B ordinary share ("B Share"). Chair of the Board of Royal Dutch Shell, Chad Holliday commented: "The Board has reviewed Shell's recent performance and its plans to grow its businesses of the future, and we are confident that Shell can sustainably grow its shareholder distributions as well as invest for growth. As a result, the Board has decided to increase the dividend per share to 16.65 US cents for the third quarter 2020. The Board has additionally approved a cash allocation framework for Shell which, on reducing its net debt to $65 billion, will target total shareholder distributions of 20-30% of cash flow from operations."
ariane
29/10/2020
17:35
Announcement date October 29, 2020 Ex-dividend date November 12, 2020 Record date November 13, 2020 Closing of currency election date (see Note below) November 27, 2020 Pounds sterling and euro equivalents announcement date December 3, 2020 Payment date December 16, 2020 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.
ariane
29/10/2020
14:15
LONDON -- Royal Dutch Shell PLC said it would start raising its dividend again -- after slashing it just months earlier -- and planned to eventually increase shareholder payouts further, projecting an upbeat assessment of its ability to weather the pandemic-induced oil-demand shock. The pandemic forced Shell to reduce its dividend by two-thirds in April -- its first cut since World War II -- and helped trigger a restructuring of the company, part of a broader plan at Shell to accelerate investments in low-carbon energy. The company is now increasing its dividend 4% to 16.65 cents a share and said that once it has reduced its debt to $65 billion, it would aim to give 20% to 30% of cash flow from operations back to shareholders. Shell's debt was $73.5 billion at the end of September. "The strength of our performance gives us the confidence to lay out our strategic direction, resume dividend growth and to provide clarity on the cash allocation framework, with clear parameters to increase shareholder distributions," said Chief Executive Ben van Beurden. Shell now plans to spend 25% of its annual $19 billion-to-$22 billion investment budget on "the future of energy businesses" which include marketing, power, hydrogen and biofuels, up from an average of 11% over the past three years. Shell intends to focus on investing in oil projects that have the highest returns, while growing its liquefied natural gas business. It will shrink its refining portfolio to six energy and chemical parks, from the current 14 sites. The accelerated investment plans in low-carbon energy follow a similar move by BP PLC, which said in September it would cut its oil and gas production by 40% over the next decade and increase its expenditure on renewables and other low-carbon energy sources. Mr. van Beurden declined to say whether Shell's oil production would shrink, saying the company was focused on value, not volume. The company plans to cut up to 9,000 jobs, about 11% of its workforce, following similar cost-saving moves at Chevron Corp. and BP. Shell's third-quarter performance was hurt by lower refining margins and a fall in refining activity, along with lower margins in its LNG business, as lower crude prices started to filter through to LNG contracts linked to oil prices. Refining can act as a hedge for major oil companies during times of lower energy prices, but recently even these areas haven't been as profitable. Refining margins have in the past risen when oil prices fell, but fuel demand is also weak, with people driving and flying less because of Covid-19. Shell said that its gas-trading results were lower than during the comparable period a year ago. BP, which posted earnings earlier this week, also said trading suffered. Shell further reduced the value of its giant floating gas project Prelude by around $1 billion. In July, the company cut the value of its assets by $16.8 billion and didn't give a breakdown of projects affected, but about $4 billion was attributed to Prelude, said a person familiar with the matter. During the second quarter, oil prices plummeted as countries locked down to slow the spread of the virus. More recently, lower volatility has reduced trading opportunities as Brent oil prices have stabilized at around $40 a barrel. Shell reported a third-quarter profit on a net current-cost-of-supplies basis -- a figure similar to the net income that U.S. oil companies report -- of $177 million Thursday. That compared with a profit of $6.08 billion in the same period last year. The company said that its marketing division reported strong margins, which helped offset lower sales volumes. Shell's shares traded up 1.5% Thursday. "We have challenged the lack of a clear financial framework since the dividend cut in April, and the plan set out by the Shell management team clearly addresses this," said Lydia Rainforth, an analyst at Barclays. Shell said it would give more information in February on how its restructuring feeds into its strategy, including details on its future portfolio, and plans for low-carbon energy investments. Its gearing level -- net debt as a percentage of total capital -- was 31.4% for the three months to the end of September, down from 32.7% in the previous quarter and above the company's target of 25%. The company said it expected divestment proceeds of $4 billion a year on average, helping reduce net debt. U.S. oil giants Chevron and Exxon Mobil Corp. are due to report results Friday. Exxon has already indicated a potential loss from its oil-and-gas production business. Write to Sarah McFarlane at sarah.mcfarlane@wsj.com (END) Dow Jones Newswires October 29, 2020 09:37 ET (13:37 GMT)
waldron
29/10/2020
12:23
Shell lifts payout a hair, hopes to resume dividend growth Oct. 29, 2020 4:24 AM ET|About: Royal Dutch Shell plc (RDS.A)|By: Yoel Minkoff, SA News Editor Following a tough week for oil, Shell (RDS.A, RDS.B) shares climbed 1.3% in premarket trade after a better-than-expected Q3 earnings report and accompanying dividend raise. The payout will rise by around 4% to 16.65 U.S. cents for Q3 and on annual basis going forward (subject to board approval), just six months after the oil major slashed its dividend for the first time since World War II (cutting the payout by 66%). Shell ADSs are listed on the NYSE under symbols RDS.A and RDS.B. As each ADS represents two ordinary shares, their dividends will be increased to $0.333, from $0.32 a share. Prior to this year's cut, the dividend was $0.94. Hit by lower oil prices and weaker refining, Shell's adjusted net income was $955M for Q3, down 80% from the same period a year ago, but better than even the highest analyst estimate. "Our sector-leading cash flows will enable us to grow our businesses of the future while increasing shareholder distributions, making us a compelling investment case," CEO Ben van Beurden said in a statement. "The strength of our performance gives us the confidence to lay out our strategic direction, resume dividend growth and to provide clarity on the cash allocation framework, with clear parameters to increase shareholder distributions." As part of that plan to reduce its emissions to net zero by 2050, Shell said it would transform its "refining portfolio from the current fourteen sites into six high-value energy and chemicals parks." It will also "extend leadership in liquefied natural gas to enable decarbonisation of key markets and sectors."
florenceorbis
29/10/2020
11:09
Royal Dutch Shell PLC reported results for the third quarter on Thursday. Here's what you need to know: NET PROFIT: The Anglo-Dutch energy giant posted a net profit of $489 million for the three months to Sept. 30, narrowing significantly from $5.88 billion a year earlier. However, the company's bottom-line performance beat the market consensus of a $722 million loss, taken from FactSet and based on five analysts' forecasts. CCS EARNINGS EXCLUDING IDENTIFIED ITEMS: The adjusted profit on a current cost of supply basis--a figure similar to the net income that U.S. oil companies report, but strips out exceptional items--came in at $955 million. This was also above market expectations of $146 million, taken from Vara Research and based on 26 analyst estimates. Canadian bank RBC Capital Markets highlighted strong performances from the integrated gas and marketing segments. WHAT WE WATCHED: --UPSTREAM: Shell's upstream division--which explores, produces, markets and transports hydrocarbons--booked a net loss of $1.11 billion, reflecting weak prices and lower production. In addition, the $884 million adjusted loss was worse than the market consensus of a $415 million loss, taken from Vara Research and based on 22 analysts' forecasts. --COSTS: Shell reduced underlying operating expenses by $3.04 billion in the nine months to Sept. 30, whereas capital expenditure totaled $12.3 billion during the January-September period. This puts the company on track to comfortably meet its 2020 targets of slashing operating costs by between $3 billion and $4 billion, and keeping capex below $20 billion. "Our decisive actions taken earlier in the year have solidified our operational and cash delivery," Chief Executive Ben van Beurden said. Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT (END) Dow Jones Newswires October 29, 2020 06:32 ET (10:32 GMT)
florenceorbis
29/10/2020
07:50
Earnings Oil major Shell increases dividend as third-quarter earnings beat forecasts Published Thu, Oct 29 20203:16 AM EDT Updated 13 Min Ago Sam Meredith @smeredith19 Key Points Shell said it would raise its dividend to shareholders by around 4% to 16.65 U.S. cents for the third quarter of 2020 and on annual basis going forward, subject to Board approval. It comes around six months after the oil major reduced its dividend for the first time since World War II, following a dramatic slide in oil prices amid the coronavirus crisis. Shares of Shell are down more than 61% year-to-date. LONDON — Oil giant Royal Dutch Shell on Thursday reported better-than-expected third-quarter earnings and announced plans to increase its dividend to shareholders. The Anglo-Dutch company reported adjusted earnings of $955 million for the three months through to the end of September. That compared with a net profit of $4.77 billion over the same period a year earlier, and adjusted earnings of $638 million for the second quarter of 2020. Analysts at Refinitiv had expected third-quarter net profit to come in at $594 million for the third quarter. Shell said it would raise its dividend to shareholders by around 4% to 16.65 U.S. cents for the third quarter of 2020 and on annual basis going forward. It comes around six months after the oil major reduced its dividend for the first time since World War II, following a dramatic slide in oil prices amid the coronavirus crisis. “Our sector-leading cash flows will enable us to grow our businesses of the future while increasing shareholder distributions, making us a compelling investment case,” Ben van Beurden, CEO of Royal Dutch Shell, said in a statement. “The strength of our performance gives us the confidence to lay out our strategic direction, resume dividend growth and to provide clarity on the cash allocation framework, with clear parameters to increase shareholder distributions.”; Shares of Shell are down more than 61% year-to-date.
waldron
29/10/2020
07:27
Oil major Shell increases dividend as third-quarter earnings beat forecasts Published Thu, Oct 29 20203:16 AM EDT Sam Meredith @smeredith19 LONDON — Oil giant Royal Dutch Shell on Thursday reported better-than-expected third-quarter earnings and announced plans to increase its dividend to shareholders. The Anglo-Dutch company reported adjusted earnings of $955 million for the three months through to the end of September. That compared with a net profit of $4.77 billion over the same period a year earlier, and adjusted earnings of $638 million for the second quarter of 2020. Analysts at Refinitiv had expected third-quarter net profit to come in at $594 million for the third quarter. Shares of Shell are down more than 61% year-to-date. It had previously warned that post-tax impairment charges in the range of $1 billion to $1.5 billion were to be expected in the third quarter.
waldron
28/10/2020
19:31
Shell Q3 Earnings Preview Oct. 28, 2020 1:36 PM ET|About: Royal Dutch Shell plc (RDS.A)|By: Gaurav Batavia, SA News Editor Shell (NYSE:RDS.A) is scheduled to announce Q3 earnings results on Thursday, October 29th, before market open. The consensus EPS Estimate is -$0.17 (-128.8% Y/Y) and the consensus Revenue Estimate is $47.66B (-45.0% Y/Y). Over the last 2 years, RDS.A has beaten EPS estimates 50% of the time and has beaten revenue estimates 75% of the time. Over the last 3 months, EPS estimates have seen 1 upward revisions and 0 downward. Revenue estimates have seen 1 upward revisions and 1 downward.
the grumpy old men
28/10/2020
17:59
Dow drops 800 points on mounting concerns over the coronavirus and the global economic recovery Published Tue, Oct 27 20206:00 PM EDTUpdated 13 Min Ago Fred Imbert @foimbert
ariane
28/10/2020
12:20
WTI crude -4% as rising U.S. crude stocks spark oversupply fears Oct. 28, 2020 7:40 AM ET|About: Crude Oil Futures (CL1:COM)|By: Carl Surran, SA News Editor Crude oil (CL1:COM) prices fall sharply as a surge in U.S. crude inventories and growing coronavirus infections in the U.S. and Europe spark worries of an oil glut and weaker fuel demand. December WTI crude -4.7% to $37.71/bbl after gaining 2.6% yesterday, and December Brent -3.9% to $39.59/bbl after rising nearly 2% on Tuesday. Big oil names are indicated lower in the pre-market: XOM -2.2%, CVX -2.7%, BP -1.9%, RDS.A -2.6%, COP -2.8%. U.S. crude oil and gasoline stocks rose last week, according to American Petroleum Institute data, with crude inventories climbing by 4.6M barrels compared with expectations for a 1.2M-barrel build. "The higher than expected build in U.S. crude stocks prompted fresh selling, while concerns over supply disruption from Hurricane Zeta have receded," says Nissan Securities' Hiroyuki Kikukawa. "Rising COVID-19 cases with the lack of a U.S. coronavirus fiscal relief package also dented investors' risk appetite." "With or without another lockdown, movement across Europe and North America will fall during the coming winter months as most people avoid travel and big gatherings," Eurasia Group's Henning Gloystein says. "This will dent fuel consumption and almost certainly force OPEC and its allies to continue withholding oil supply well into 2021." Additionally, Libya's production could rebound to 1M bbl/day in the coming weeks, complicating efforts by other OPEC members and allies to restrict supply.
florenceorbis
28/10/2020
09:30
Dow futures fall 460 points as Wall Street grapples with rising Covid cases, earnings Published Tue, Oct 27 20206:00 PM EDTUpdated 42 Min Ago Fred Imbert @foimbert
la forge
28/10/2020
09:00
MVP also wants to buy Shell's stake in Malampaya By CNN Philippines Staff Published Oct 28, 2020 12:39:31 PM Businessman Manny Pangilinan's PXP Energy also bared interest in buying Shell Philippines' 45% stake in the Malampaya natural gas project, now a three-way race for control of the facility that's about to be depleted. Metro Manila (CNN Philippines, October 28) — Businessman Manny Pangilinan is reviving his push to join the Malampaya consortium with an offer to buy Shell Philippines' stake in the natural gas project. Pangilinan's PXP Energy confirmed the plan to reporters and to the Philippine Stock Exchange, saying it wants to acquire the 45% stake of Shell Philippines Exploration B.V. in the gas-to-power project. The Malampaya facility is located off the coast of Palawan and is in the West Philippine Sea, an area believed to be rich in oil deposits. Shell started commercial oil exploration and extraction efforts in 2001, with a second rig platform opened in 2015. The facility –– which supplies up to 30% of the country's power needs –– is close to running dry, with the 25-year contract to explore and extract underwater set to expire in 2024. The Malampaya consortium has been requesting for a 15-year contract extension since 2008 but it has not been granted by the Department of Energy. The MVP Group, which also operates power distributor Meralco, last year proposed to develop Malampaya even after it runs dry but was rejected as well. PXP is the third company which wants Shell's stake, following interest expressed by San Miguel Corporation and Petron president Ramon Ang and Phoenix Petroleum's Dennis Uy. Energy Secretary Alfonso Cusi earlier acknowledged that Uy as well as the government's Philippine National Oil Company-Exploration Corporation hold the right to match Shell Exploration B.V.'s plan to offer its 45% stake in the gas-to-power project before the shares are offered to outsiders. Uy's Udenna Corporation already owns 45% of the project as it bought out Chevron's stake. Shell wants out of the project as it looks to preserve its financial footing of its Philippine operations. It decided to shut down its fuel refinery in Batangas in August. PXP Energy is betting big on petroleum supply in the West Philippine Sea, as it also has standing contracts since 2012 to explore and possibly drill certain areas near Recto Bank. Last week, it received a "resume work" order from the DOE after President Rodrigo Duterte lifted the oil exploration ban in the disputed waters. The company is preparing a new work program in the next few weeks, Pangilinan said, to be submitted for DOE approval. Its talks with its potential partner, China National Offshore Corp., was left hanging years ago. PXP Energy has been bullish on oil extraction projects, having also submitted a bid to develop another area of Recto Bank. Uy also wanted to search two other nearby sections for petroleum deposits.
la forge
28/10/2020
06:20
U.S. Gulf of Mexico energy producers, refiners brace for Hurricane Zeta Oct. 27, 2020 4:04 PM ET|About: Crude Oil Futures (CL1:COM)|By: Carl Surran, SA News Editor Crude oil prices (CL1:COM) climbed today as Gulf of Mexico operators shut roughly half of all oil and gas production from the U.S. Gulf of Mexico ahead of Hurricane Zeta. December WTI settled +2.1% at $39.57/bbl, while December Brent +1.8% to $41.20/bbl. An estimated 914.8K bbl/day of crude production and 1,500 MM cf/day of natural gas was shut in, reflecting 49.4% and 55.3% of U.S. Gulf output, respectively, according to the U.S. Bureau of Safety and Environmental Enforcement. BP and Chevron (NYSE:CVX) say they have shut in all of their operated platforms, while Royal Dutch Shell (RDS.A, RDS.B), BHP, Murphy Oil (NYSE:MUR) and Equinor (NYSE:EQNR) have shut at least some platforms and production ahead of the storm. At least five Louisiana oil refineries in the path of Zeta reportedly plan to maintain operations: Exxon's (NYSE:XOM) 517K bbl/day Baton Rouge refinery, Shell's 227K bbl/day Norco plant, Shell's 211K bbl/day Convent refinery, PBF Energy's (NYSE:PBF) 190K bbl/day Chalmette refinery, and Valero's (NYSE:VLO) 125K bbl/day Meraux facility.
waldron
27/10/2020
19:22
North America 02:47, 28-Oct-2020 Translate Hurricane warning issued for New Orleans as Zeta hits Mexico CGTN Share A hurricane warning was issued for Louisiana on Monday, as Tropical Storm Zeta made landfall in Mexico on its way to the US Gulf Coast. /Getty Images A hurricane warning was issued for Louisiana on Monday, as Tropical Storm Zeta made landfall in Mexico on its way to the US Gulf Coast. Hurricane Zeta hit Mexico's Yucatan Peninsula on Monday evening with winds of up to around 80mph, but weakened to a tropical storm with wind speeds of 70mph as it crossed over land overnight. The storm is expected to reach the Gulf of Mexico on Tuesday, before then travelling to the US overnight and through Wednesday. The storm is expected to increase in speeds as it makes its way to the US and is likely to be classified as a Category 1 hurricane with winds of up to 85 mph by Wednesday night. Hurricane warnings have been issued for Louisiana and Mississippi, as Zeta is expected to make landfall in New Orleans on Wednesday evening, according to ABC 13. Louisiana governor John Bel Edwards issued the warning on Monday and told residents: "We're doing everything we can to prepare for the storm." He added: "We must roll up our sleeves, like we always do, and prepare for a potential impact to Louisiana." Mr Edwards said that the National Guard has boats and trucks prepared for rescue missions, and has water and food ready to give to those caught up in the storm. New Orleans officials have also announced a voluntary evacuation for residents outside of the city's levee system from 6pm on Tuesday. (With input from agencies)
gibbs1
27/10/2020
07:18
European markets set for mixed open after sell-off, with virus surge in focus Published Tue, Oct 27 20202:59 AM EDT Elliot Smith @ElliotSmithCNBC Key Points New record rises in daily Covid-19 cases have been seen in the U.S., Russia and France in recent days, while the U.K. is set to extend its highest category alert to more cities. The U.K. has warned that time is running out as the European Union’s top negotiator Michel Barnier travels to London to continue Brexit talks. LONDON — European stocks are set for a mixed open Tuesday following from the previous session’s sell-off, as investors continue to monitor the rapid spread of coronavirus across the continent. Britain’s FTSE 100 is seen around 10 points higher at 5,802, Germany’s DAX is expected to climb by around 61 points to 12,238 and France’s CAC 40 is set to edge 3 points lower to 4,813, according to IG data.
waldron
26/10/2020
22:52
Zeta becomes a hurricane as it nears Yucatan, heads for U.S. Published Mon, Oct 26 20205:32 AM EDTUpdated 3 Hours Ago The Associated Press Key Points Zeta strengthened to a hurricane Monday afternoon as it continued on a track for Mexico’s Yucatan Peninsula resorts and then likely move on for a possible landfall on the central U.S. Gulf Coast at midweek. Zeta — the earliest ever 27th named storm of the Atlantic season — was centered about 105 miles (170 kilometers) southeast of Cozumel island Monday afternoon, the U.S. National Hurricane Center said. It had maximum sustained winds of 80 mph (130 kph).
waldron
26/10/2020
19:01
Gulf of Mexico oil workers pull out as another tropical storm heads toward rigs Oct. 26, 2020 2:29 PM ET|About: BP p.l.c. (BP)|By: Carl Surran, SA News Editor Oil producers are evacuating offshore production platforms in the U.S. Gulf of Mexico, as Tropical Storm Zeta strengthens and looks likely to threaten the U.S. later this week as a hurricane. BP, BHP, Chevron (NYSE:CVX), Equinor (NYSE:EQNR) and Royal Dutch Shell (RDS.A, RDS.B) began withdrawing staff from their U.S. Gulf of Mexico offshore facilities. BP says it has started to shut-in production at its GoM platforms and assets; Shell has paused some offshore drilling in the area and is limiting movement of non-essential personnel to offshore platforms. BHP is evacuating non-essential workers from the Shenzi and Neptune offshore production platforms, and Equinor is shutting production on the Titan platform. Enbridge (NYSE:ENB) reportedly has declared a force majeure event for some of its assets in the Gulf.
la forge
26/10/2020
17:38
Dow falls 900 points as average daily coronavirus cases hit record high Published Sun, Oct 25 20206:03 PM EDT Updated 10 Min Ago Fred Imbert @foimbert Yun Li @YunLi626
waldron
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