Shell Share Discussion Threads

[jrphoenixw2] 02/10/2021 18:01

#18523 Loganair.
'I read in the press, due to the covid shut down for the first time in over 100 years one could see the Himalayas from Delhi is why we need to become carbon neutral.'

That's just silly, Delhi is 700-1000Km from the Himalaya range, including 964Km from Everest. Coincidentally the length of the UK is 965Km. Do you imagine you could see a 8850M high mountain, maybe 'Mt. John O'Groats', from Brighton ?

p.s. The actual story is 'People in the northern Indian state of Punjab ... [in awe at seeing Himalayas]... more than 100 miles away'. This is due to lockdowns and industrial shut-down in India. It is nothing to do with Doris+Stan in Chipping Sodbury being priced out of heating their bungalow due to Boris's wife's misguided beliefs.

[xxxxxy] 02/10/2021 10:45

Eighteen months after slashing crude production during the pandemic, Riyadh is set to pump at almost pre-Covid levels of 9.8 million barrels a day this month as a recovering global economy clamours for energy supplies.Furthermore, by bringing those shipments back slowly enough to avert a new surplus, Saudi Energy Minister Prince Abdulaziz bin Salman has revived crude prices to $80 a barrel. That's swelled the kingdom's petroleum revenues to a three-year high, putting them on track for an even bigger payout in 2022."OPEC+ has had a very good year," said Ben Luckock, co-head of oil trading at commodities merchant Trafigura Group. "They have delivered: they have managed to thread the needle."That's a far cry from the tumult of last March, when the plunge in fuel demand briefly pitched Organization of Petroleum Exporting Countries and its partners into a vicious fight over customers. Those bitter memories seem very distant as the 23-nation network -- jointly led by the Saudis and Russia -- prepares to meet on Monday.If there's a threat to the delicate balance OPEC+ has achieved, it's that the market could overheat and prices rise too high.The alliance has signaled it will stick with its schedule of modest production increases by approving another 400,000 barrel-a-day increment for November. But the market has shifted since that road map was agreed in July.The shortage of natural gas, which has sent prices to the equivalent of $190 a barrel, is spurring a switch to oil products for heating and manufacturing, boosting overall demand. U.S. oil production is still recovering from Hurricane Ida, which has knocked out a total of almost 35 million barrels after slamming the Gulf of Mexico a month ago -- equivalent to almost two full months of OPEC+ supply increases..... Full article.... Yahoo Finance

[adrian j boris] 02/10/2021 08:34

money week

Gas prices explode – and oil prices will follow

After gas prices hit new highs, Brent crude oil prices have broken through $80 a barrel for the first time in almost three years.

by: Alex Rankine

1 Oct 2021


The delayed approval of Russia’s Nordstream 2 pipeline to Germany could restore balance to the market



Brent crude oil prices have broken through $80 a barrel for the first time in almost three years. Oil’s rally comes as soaring European gas and coal prices presage a winter energy crisis. In September 2020 “in Europe it cost €119… to buy enough gas to heat the average home for a year”, says The Economist. “Today that figure is €738.”

A cold European spring and a hot Asian summer, combined with a post-pandemic industrial rebound, have kept demand high. Imports of US liquefied natural gas (LNG) on ships will help ease the pressure a little, but global gas markets depend mainly on pipelines and are only “imperfectly linked”.
Denting the global recovery

“Gas storage tanks in Europe are only 72% full ahead of the winter season, compared with the usual 87% at this time of the year”, Warren Patterson of ING tells Pierre Briançon in Barron’s. The global recovery, which was already “weakened by the Delta coronavirus variant, will take another hit”.

[powereddrones] 01/10/2021 20:12

Power crisis in China leaves highway in the dark



Chinese manufacturing thrown into disarray as country's electricity crisis rolls on

[the white house] 01/10/2021 15:33

Esso saying Q3 earnings will be 1.5bn ahead of market expectations

[tornado12] 01/10/2021 09:51

Finally we see the Re rating start for big oil. It’s been near 2 yrs in the waiting but now it seems here. The next quarterly results I am sure will be positive and hoping again for another step in divi return increase . The SBB are hated by most but in such a low share price environment is a golden opportunity for Shell to improve SH divi security and EPS as they continue the transition into balanced energy old vs new.GLA

[the white house] 01/10/2021 09:10

28 Oct Monster Q3 results & Divvi data

[xxxxxy] 01/10/2021 08:06

Another day. Another opportunity. For the brave.

[xxxxxy] 01/10/2021 08:05

Beijing has warned China's state-backed energy firms that blackouts will not be tolerated this winter as power shortages triggered the first slide in manufacturing activity since the pandemic struck.The vice-premier, Han Zheng, has ordered energy companies to find more supplies at any cost after many factories were temporarily closed by the rationing of energy usage as coal shortages bite. ... Daily Telegraph

[xxxxxy] 01/10/2021 08:01

After a fairytale run that saw Brent temporarily cross the magical $80/bbl mark for the first time in three years, the crude rally has taken a breather thanks to a surprise build in crude inventories.... Yahoo Finance

[waldron] 01/10/2021 07:54

take care fjg

[waldron] 01/10/2021 07:50

Markets

European markets set to follow global decline as inflation fears weigh

Published Fri, Oct 1 20211:58 AM EDT

Elliot Smith
@ElliotSmithCNBC


Key Points

Global markets have been roiled by fears of high inflation, slowing growth and rising rates.

Investors will also have an eye on key U.S. inflation data later in the day.

LONDON — European markets are set to pull back on Friday, tracking U.S. and Asian counterparts as global stocks start the fourth quarter on the backfoot.

Britain’s FTSE 100 is seen around 56 points lower at 7,030, Germany’s DAX is set to fall by around 154 points to 15,107 and France’s CAC 40 is expected to drop around 56 points to 6,464, according to IG data.

[xxxxxy] 01/10/2021 07:16

Conversation?John Redwood@johnredwoodChina's emission targets are not working. China will now buy up more fossil fuel to put the lights back on.

[fjgooner] 01/10/2021 00:42

Hi waldron,

Yes, my friend, all is well with me.

I hope that you're doing great and enjoying this resurgence in the energy sector.

As ever, I wish you all the best.

[waldron] 30/9/2021 20:34

Upcoming events on ROYAL DUTCH SHELL PLC


OCTOBER/28/2021 Q3 2021 Earnings Release

FEBRUARY/03/2022 FY 2021 Earnings Release (Projected)

MAY/05/2022 Q1 2022 Earnings Release (Projected)


DIVI DATES






WISHFUL THINKING PERHAPS FOR THE LONG LONG TERM TARGET

Should be fun to chalk it up BOX BY BOX

THE RDSB WISH LIST BOXES togetherwith Broker targets thrown in for good measure to make you laugh,chuckle,smile and or smirk


975 to 1075p
1075 to 1175p
1175 to 1275p
1275 to 1375p
1375 to 1475p
1475 to 1575p$$$$$$$$$$ WE ARE HERE TODAY $$$$$$$$$$$$$$$$$$$
1575 to 1675p
1675 to 1775p$$$$$$$$$$$ BERENBERG TARGET 1720p
1775 to 1875p$$$$$$$$$$$ UBS TARGET 1860p
1875 to 1975p$$$$$$$$$$$ JEFFERIES TARGET 1950p
1975 to 2075p
2075 to 2175p
2175 to 2275p$$$$$$$$$$ RBC TARGET 2200p


TIMES ARE A CHANGIN AS ARE EXPECTATIONS

31st december 2018 ends with 2340p

DECEMBER 2019 ENDS at 2,239.5

December 2020 ends at 1259.40p

January 2021 ends at 1272.2p

February 2021 ends at 1387.60p

March 2021 ends at 1335p

June 2021 ends at 1399p

July 2021 ends at 1419.8p

August 2021 ends at 1431p

September 2021 emds at 1649.60p

[waldron] 30/9/2021 20:32

Royal Dutch Shell A
1,655 +0.23%



Royal Dutch Shell B
1,649.6 +0.10%

[xxxxxy] 30/9/2021 12:43

The price of UK natural gas has surged to yet another new high, after three more energy suppliers were pushed out of business. UK contracts for next month rose above 238p per therm. European natural gas and power prices also surged to hit new records yet again on Thursday. Stockpiles of everything from gas to coal and water for electricity production are in short supply and there are few signs the situation will improve anytime soon as demand continues to roar back from a lull created by the pandemic. "We didn't predict these prices coming," Alex Grant, senior vice president at Equinor, said."In the prices there is a risk premium for what might happen going forward and the risk is still very much dependent on gas supply."... Daily Telegraph

[xxxxxy] 30/9/2021 12:37

Gas bills set to rise further under green energy surcharge planControversial government proposal would shift the net zero tax across from household electricity billsBySam Hall30 September 2021 • 6:00amA green energy surcharge which is applied to household electricity bills will instead be slapped on gas bills as part of the government's net zero drive, according to reports.Ministers will insist that the policy will be phased in over a period of up to 10 years and maintain that combined energy bills will not increase in price.The proposals, which will be considered at an upcoming review, are likely to be controversial at a time when household energy bills are increasing sharply as a global gas shortage raises prices for energy providers... Daily Telegraph

[waldron] 30/9/2021 10:06

will COAL really finally COP it

nah