Shell Share Discussion Threads

[deanroberthunt] 02/11/2021 08:59

If there is a climate problem, then people aren't willing to make the necessary sacrifices to fix it, that's the scum sucking pond life leaders, joe public, and the glue yourself to the road nutters ...noone...

[xxxxxy] 02/11/2021 08:45

Revealed: Ursula von der Leyen used private jet to travel just 31 milesEU's top official ordered 'air taxis' for 18 out of her 34 official trips since taking up the role in December 2019.... Daily Telegraph

[waldron] 02/11/2021 07:01

European markets head for somber open as investors gear up for Fed meeting

Published Tue, Nov 2 20211:14 AM EDT

Updated 2 Hours Ago

Holly Ellyatt
@HollyEllyatt
cnbc

Key Points

European stocks are expected to open lower on Tuesday after a strong start to trading in November.

The U.K.’s FTSE index is seen opening 8 points lower at 7,289, Germany’s DAX lower by 36 points at 15,784, France’s CAC 40 down 12 points at 6,888 and Italy’s FTSE MIB 14 points lower at 27,030, according to IG data.

[waldron] 01/11/2021 21:10

Shell completes sale of Washington Puget Sound refinery to HollyFrontier


News provided by
Shell Oil Company

Nov 01, 2021, 15:17 ET

HOUSTON, Nov. 1, 2021 /PRNewswire/ -- Equilon Enterprises LLC d/b/a Shell Oil Products U.S. (Shell), a subsidiary of Royal Dutch Shell plc, has completed the sale of its Puget Sound Refinery near Anacortes, Washington to a subsidiary of HollyFrontier Corporation, an independent refiner headquartered in Texas (HollyFrontier), for $350 million in cash plus the value of the hydrocarbon inventory, subject to customary closing adjustments. The agreement covers the sale of Shell's Puget Sound Refinery, the on-site cogeneration facility and the associated logistics infrastructure. Shell will retain product offtake agreements to support its existing retail marketing business in the Pacific Northwest. Shell's off-site logistics assets are excluded from the sale.

Notes to editors

On May 4, 2021, Shell and HollyFrontier Corporation announced that they had signed a sales agreement for HollyFrontier to acquire Shell's Puget Sound Refinery near Anacortes, Washington.
The value attributed to the hydrocarbon inventory at closing was approximately $266 million.
Local employees providing dedicated support to Shell's Puget Sound Refinery were offered employment with HollyFrontier.
Shell will maintain Shell branded businesses in the Pacific Northwest and has structured supply/offtake agreements with the new owner such that the Puget Sound Refinery will continue to support Shell's businesses in the region.
As part of its Powering Progress strategy, Shell plans to consolidate its refinery footprint to five core energy and chemicals parks. These locations will maximize the integration benefits of conventional fuels and chemicals production while also offering new low carbon fuels and performance chemicals. They also offer future potential hubs for sequestration.

[jrphoenixw2] 01/11/2021 21:09

Loganair: 'Interesting Insulate Britain wish the world to return to a CO2 level of 280 parts per million the same as it was when the planet came out of the last ice age.'

No they're not aiming for anything such, they're Marxists under the currently fashionable virtuous guise of being green seeking to redistribute your wealth to themselves. Coupled together with 'fun day-out' anarcho-Marxist disruption of capitalism; just a rebrand of Extinction Rebellion. I'm surprised anyone takes them more seriously than a rabble of football hooligans.

[waldron] 01/11/2021 21:09

Shell completes sale of Washington Puget Sound refinery to HollyFrontier


News provided by
Shell Oil Company

Nov 01, 2021, 15:17 ET

HOUSTON, Nov. 1, 2021 /PRNewswire/ -- Equilon Enterprises LLC d/b/a Shell Oil Products U.S. (Shell), a subsidiary of Royal Dutch Shell plc, has completed the sale of its Puget Sound Refinery near Anacortes, Washington to a subsidiary of HollyFrontier Corporation, an independent refiner headquartered in Texas (HollyFrontier), for $350 million in cash plus the value of the hydrocarbon inventory, subject to customary closing adjustments. The agreement covers the sale of Shell's Puget Sound Refinery, the on-site cogeneration facility and the associated logistics infrastructure. Shell will retain product offtake agreements to support its existing retail marketing business in the Pacific Northwest. Shell's off-site logistics assets are excluded from the sale.

Notes to editors

On May 4, 2021, Shell and HollyFrontier Corporation announced that they had signed a sales agreement for HollyFrontier to acquire Shell's Puget Sound Refinery near Anacortes, Washington.
The value attributed to the hydrocarbon inventory at closing was approximately $266 million.
Local employees providing dedicated support to Shell's Puget Sound Refinery were offered employment with HollyFrontier.
Shell will maintain Shell branded businesses in the Pacific Northwest and has structured supply/offtake agreements with the new owner such that the Puget Sound Refinery will continue to support Shell's businesses in the region.
As part of its Powering Progress strategy, Shell plans to consolidate its refinery footprint to five core energy and chemicals parks. These locations will maximize the integration benefits of conventional fuels and chemicals production while also offering new low carbon fuels and performance chemicals. They also offer future potential hubs for sequestration.

[jrphoenixw2] 01/11/2021 20:28

Perhaps while COP is on in Scotland, the delegates can tour all the historic Scottish vineyards? You know, the same vineyards the Romans were cultivating there 1700 years ago.
Ah no, without GM-gene editing technology there wouldn't be any wine production in Scotland today, despite the current climate allegedly being far more suited to it - What did the Romans ever do for us eh?

[tornado12] 01/11/2021 18:37

RDS must also deliver top results for the next few quarters with oil at > 80$ and what will they do with the $7B return to SH ? It’s in their hands without excuses going forward.

[adg] 01/11/2021 18:20

If bp Q3 is good tomorrow I think Shell will do well off the back of it.
Broker consensus for shell averages £20+ and last time I checked none were sell (not that I take much notice of them but it is an indication.
£19 to £20 by or before end Jan is my estimate (assuming the world behaves)

[pojscott] 01/11/2021 18:15

Could this be a buying opportunity???

[xxxxxy] 01/11/2021 10:16

Some policies which would cut human CO 2 outputNOVEMBER 1, 2021 6 COMMENTSThe experts assembled for COP 26 claim that the world's average temperature is rising and that the cause is the output of too much CO 2 and methane by mankind.This being so, shouldn't they require all anti Climate change conferences to be digital events? It is quite obvious that Glasgow is producing a surge in emissions from travel, banquets and air conditioned hotel use. A cavalcade of 85 vehicles to bring the US President does not offer a good look for all those telling the rest of us  to walk or cycle.The debate should begin by looking at population growth. As a freedom loving democrat I do not recommend population control policies. However many countries do express views on population numbers and family policy. China, the world's most populous country for many years did have a one child policy. Most countries do have family policies based around taxes, benefits, child care and education policies. Does COP 26 have something useful to say about how many people the world can sustain and what is a sensible balance between helping families without providing financial incentives for larger families? For any given country policy should take account of the needs of wildlife and nature. Too many people can mean the removal of habitats from wildlife, and the loss of species.The best green policy the U.K. could adopt is to return net migration levels to those of the 1990s before Labour opened our borders. At current rates  we need to build a city the size of Plymouth every year to accommodate new arrivals. This generates a lot of extra  CO 2 for the construction. It erodes our countryside. It requires expansion of public services.The governments assembled could all pledge to green their own activities, switching all public buildings to electrical power and removing diesel and petrol cars to show the rest of us how to do it. If they pioneered maybe they could get the costs down making it more attractive and feasible for others. Saving energy is a good idea and requires millions of sensible daily decisions. Before the pandemic I went to a big government meeting on green matters. The  sun was shining  strongly through the windows of a huge government room, where all the many bulbs in the chandeliers were alight. I was the only one who asked if we could turn them off.... John Redwood

[waldron] 01/11/2021 08:01

More Shell Shareholders Voice Out Opposition to Third Point's Breakup Proposal

11/01/2021 | 05:02am GMT


(MT Newswires) -- Royal Dutch Shell's (RDSA.L, RDSA.AS) top shareholders are poised to reject Third Point's proposal to split the company, The Telegraph reported Oct. 29.

The shareholders said separating the Dutch oil and gas major's oil and renewable businesses may negatively impact the company's climate change plan. One institutional investor that owns a comparable shareholding in Shell to Third Point's $750 million stake said the plan may hit the cash flow required for the energy transition.

"Maybe what they are thinking is that you can put a big fancy multiple on the renewables business. That doesn’t help the business. That doesn’t help the end goals of decarbonizing the energy system," the investor said.

The statement follows top 10 investor Abrdn (ABDN.L) manager Iain Pyle's comments that Third Point's proposal could be difficult and unrewarding and Shell's integrated operations could make it difficult to execute and too complex to add value for investors.

[waldron] 01/11/2021 07:37

European markets set to kick off November trading on a positive note

Published Mon, Nov 1 20211:29 AM EDT

Holly Ellyatt
@HollyEllyatt
cnbc


Key Points

European stocks are expected to start the week on a positive note.

The U.K.’s FTSE index is seen opening 15 points higher at 7,261, Germany’s DAX 69 points higher at 15,750, France’s CAC 40 up 44 points at 6,868 and Italy’s FTSE MIB 133 points higher at 26,842, according to IG data.

[xxxxxy] 31/10/2021 16:06

DAVID Cameron31 Oct 2021 3:33PMSuits me.  I can then happily invest in core exploring  refining and distribution big oil, unencumbered by the green rubbish.   The share price won't do anything , the government will tax the pants of it, but it will still make tons of loot, pass all the costs onto the consumer , enjoy huge price spikes in its assets and pay a massive dividend 1UnlikeReplyAngry of Herefordshire31 Oct 2021 3:29PMMake that"Pressure to go green will trigger"1)  Greater Chinese and Indian Dominance.2) The Greatest Recession the World has ever seen.3) A collapse in Western Living Standards.4) A realisation that we really are led by virtue signalling liars and idiots. and5) Mass social unrest.Oh Good!.... Daily Telegraph

[xxxxxy] 31/10/2021 16:04

Problem with that view is the money from oil etc will not then be available for Green considerations.

[xxxxxy] 31/10/2021 16:03

Pressure to go green will trigger more corporate splitsThere is a logic to breaking up traditional business into green and legacy unitsMATTHEW LYNN31 October 2021 • 12:00pm... Daily Telegraph

[higgsbosun] 31/10/2021 14:41

For those looking for a bit more excitement and a bit of fun.

Upcoming 10-20x multibagger potential.


Small Aussie explorer, FAR Limited is drilling an elephant oil prospect.

Overview.

FAR limited is listed on the ASX. (FAR is a quality explorer)

IMO ...shareprice is a steal and if you like Massive 10-20 bagger potential!!!.

1.They are drilling a 1.1 billion barrel prospect in the Gambia.
2. It is 3 prospect stacked drill!
2.They only have a market cap of about 50 million pounds.
3. They will receive extra 35 million pounds in 2023 from Woodside Petroleum from bonuses from sale of Sangomar.
3. They have approx 90 million cash in the bank now. ( which equates to about 90c/share)
4. They hold 50% working interest and are operator.
5. These guys have an excellent record on exploration and drillbit success with Sangomar.
6. They are drilling directly adjacent and south of Sangomar with analogous geology.

This stock is dirt cheap just now for this upcoming drill.
They got smashed during the Oil rout and covid19. So the shareprice is languishing now.

7. They have hired the Stena Icemax to drill this.

I think this is the biggest drill of the year....in terms of upside.
btw.
They will be around after this drill with plenty of money left and the Woodside payment in 2023.
That alone is worth approx 70c/share.
They have also cut costs to just over AUD$1 million /year admin expenses.


Of course, DYOR or check out the link. lol


Looking good with Oil around $80/bbl.
If Oil goes higher...it could put another rocket under this one.

This could be real fun...

[xtomo] 31/10/2021 14:23

The education system here now doesn't help. When at school we'd the 11plus and I was lucky enough to pass. Put pressure on family finances as I'd new uniform and sports gear to get. 2 grey shirts ( one per week) as you could wear white or grey, but grey stayed clean longer. The point is, kids from my background can't do that now as we're all "equal" and that route has been slammed shut. Sad, but true.

[grupo guitarlumber] 31/10/2021 13:46

great stuff part

post appreciated

in addition to Shell, i follow Totalengeries and ENI

[lippy4] 31/10/2021 13:22

xtomo

yes it always makes me wonder why kids from poor backgrounds dont want to make a success of their lives yet so many today turn to crime as its easy to sell drugs for instance..

i saw the only future for me was start my own business which was very hard as no bank managers want to lend money to some one young then,i survived and ran it for 45 years and now have a nice life..

mind you i gave up a lot over those years,met and mixed worked with lots of people some famous so it was a very interesting life..if you have the drive and dont give up you can succeed..