Shell Share Discussion Threads

[waldron] 25/11/2021 06:41

European markets head for positive open despite Covid headwinds

Published Thu, Nov 25 202112:44 AM EST

Holly Ellyatt
@HollyEllyatt

cnbc

Key Points

European stocks are expected to open higher on Thursday as investors continue to monitor the Covid crisis in the region and political developments in Germany.

The U.K.’s FTSE index is seen opening 18 points higher at 7,303, Germany’s DAX 59 points higher at 15,955, France’s CAC 40 up 30 points at 7,078 and Italy’s FTSE MIB 154 points higher at 27,233, according to data from IG.

[waldron] 24/11/2021 20:54

Tomorrow 25/11/2021 US market closed = Thanksgiving Party.

[xxxxxy] 24/11/2021 15:33

Andy RoadKing24 Sep 2021 7:31AMI think this worth reposting:Imagine being frightened, poor, cold and hungry.What happens in a once in every 25 year British winter with a 2ft blanket of snow covering the UK and much more snow in some areas from the Midlands up.What happens when the snowfall is followed by a 4 to 6 week weather system high over the UK and temperatures are averaging -3 degree during the day and -10 at night and no wind to speak of.What happens to all the electric ambulances, fire engines, snowploughs, lorries, trains, buses and cars  trying to operate under these conditions.How do we heat hospitals, schools, offices, factories, shops , warehouses, supermarkets and millions of homes with electric elements which are bigger versions of the elements you find in your kettle.Imagine the chaos and panic as everyone suffers from no heating and power blackouts and tens of thousands of people dying because of the cold, no food and no access to health care.All because of a new religion created by the Green Taliban aka Greta the goblin of doom and Extinction Rebellion and a bunch of clown politicians.The problem is we will  be taken down a dead end road doing immense damage to our wealth and freedoms (while we look at the rest of the world with their cheaper energy, warm homes, personal transport and lovely holidays in other countries) until we finally come to our senses. By which time the UK will resemble a cold wet version of Cuba. .... Daily Telegraph

[kkclimber56] 24/11/2021 15:23

Beware windfall profit tax on filthy oil companiesWill go down well with idiots.

[hamhamham1] 24/11/2021 14:48

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BARCLAYS RAISES SHELL B PRICE TARGET TO 3,000 (2,250) PENCE - 'OVERWEIGHT'

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[geckotheglorious] 24/11/2021 12:04

fhmktg
Post 19296
"How realistic is a target share price of £30 in today’s eco climate?"

Completely unrealistic.

Sadly.

Barclays can have mine at 2800p is they're that confident :)

[suetballs] 24/11/2021 11:03

£30? - no chance in the current climate.
Similar to fast fashion and gambling - all getting bashed whatever the prospects.
Almost a crime to make a profit and exloit somebody else.

Suet

[xxxxxy] 24/11/2021 09:40

Not convinced it will stay low, and perhaps 30 is real possible.... Lots of stupid politics ahead.

[xxxxxy] 24/11/2021 09:37

Of course they are underwhelmed.Politicians coming across as Brain Dead.Biden certainly is.And Boris gone Bonkers. SadlyAnd yes I voted for him. But now I think he is genuinely ill. All sad.

[xxxxxy] 24/11/2021 09:35

8:51amFTSE risers and fallersThe FTSE 100 has extended its gains this morning, pushing 0.5pc higher to its best level in a week.The third consecutive day of gains is being led by oil majors BP and Shell, which are both up 1pc as the US-led release of strategic oil reserves underwhelmed investors..... Daily Telegraph

[waldron] 24/11/2021 08:45

Royal Dutch Shell PLC said Wednesday that it has signed a 15-year power purchase agreement for electricity from Dogger Bank, the world's largest offshore wind farm.

The oil-and-gas major has secured a 20% power share from the third phase of Dogger Bank, or Dogger Bank C. Each phase has a capacity of 1.2 gigawatts, and is expected to generate around 6 terawatt-hours of electricity a year. The wind farm is located off the northeast coast of England.

Including existing agreements for Dogger Bank A and B, Shell has now secured 720 megawatts of the farm's anticipated capacity of 3.6 gigawatts. Construction is expected to complete in 2026.

Dogger Bank is owned by SSE PLC, Equinor ASA and ENI SpA.

SSE said Wednesday that it has signed separate power purchase agreements for Dogger Bank C. In addition to Shell's 20% share, Danske Commodities has agreed to buy 40% of the electricity generated on behalf of Equinor, SSE Energy Supply Ltd. will acquire 20% on behalf of SSE, and Centrica PLC will take the remaining 20%.

These deals are subject to the developers reaching a financial close for the third phase of Dogger Bank, which is expected by the end of the year.



Write to Jaime Llinares Taboada at [e-mail]; @JaimeLlinaresT



(END) Dow Jones Newswires

November 24, 2021 03:06 ET (08:06 GMT)

[waldron] 24/11/2021 08:45

Royal Dutch Shell PLC said Wednesday that it has signed a 15-year power purchase agreement for electricity from Dogger Bank, the world's largest offshore wind farm.

The oil-and-gas major has secured a 20% power share from the third phase of Dogger Bank, or Dogger Bank C. Each phase has a capacity of 1.2 gigawatts, and is expected to generate around 6 terawatt-hours of electricity a year. The wind farm is located off the northeast coast of England.

Including existing agreements for Dogger Bank A and B, Shell has now secured 720 megawatts of the farm's anticipated capacity of 3.6 gigawatts. Construction is expected to complete in 2026.

Dogger Bank is owned by SSE PLC, Equinor ASA and ENI SpA.

SSE said Wednesday that it has signed separate power purchase agreements for Dogger Bank C. In addition to Shell's 20% share, Danske Commodities has agreed to buy 40% of the electricity generated on behalf of Equinor, SSE Energy Supply Ltd. will acquire 20% on behalf of SSE, and Centrica PLC will take the remaining 20%.

These deals are subject to the developers reaching a financial close for the third phase of Dogger Bank, which is expected by the end of the year.



Write to Jaime Llinares Taboada at [e-mail]; @JaimeLlinaresT



(END) Dow Jones Newswires

November 24, 2021 03:06 ET (08:06 GMT)

[fhmktg] 24/11/2021 08:36

How realistic is a target share price of £30 in today's eco climate?

[steve73] 24/11/2021 08:09

What happened to all that Russian oil that was (supposedly) on its way to the US.?

[xxxxxy] 24/11/2021 08:02

C Hewett22 Nov 2021 3:19PMYou have my vote Nigel - I'm a long time Conservative voter who will never vote for them again.Good Luck to you. - We need some proper Government now.1080LikeReplyPete Smith22 Nov 2021 3:32PM"Why I'm considering a return to frontline politics"Start a party that will guarantee the following action in year one:* No more national lockdowns* A referendum on implementing the environmental and economic 'reset' (net zero)* Immediate action on illegal immigration* Abolish the TV licence and make the BBC a voluntary subscription service* Make 'critical race theory' illegal in all education establishments* Return to fiscal conservatismDo this and prepare for a landslide.... Daily Telegraph

[xxxxxy] 24/11/2021 08:01

AE C24 Nov 2021 3:03AMGlobal oil consumption ~100m barrels/day...1LikeReplyDAVID Cameron24 Nov 2021 2:20AMmorons.  we Sit on a giant pile of gas and coal.   we should be making a Middle East type fortune.       but oh no... we want a nice green electric future.9LikeReplyVote Leave24 Nov 2021 6:01AMI would vote for Labour / Corbyn if they said they would prioritise cheap energy for industry and domestic. This is not difficult to do..... Daily Telegraph

[waldron] 24/11/2021 07:28

SHELL B : Barclays maintains a Buy rating
11/24/2021 | 07:20am GMT


In a research note published by Lydia Rainforth, Barclays advises its customers to buy the stock. Previously set at GBX 2250, the target price has been raised to GBX 3000.

[waldron] 24/11/2021 06:59

European markets head for mixed open as investors digest data, Covid surge

Published Wed, Nov 24 202112:34 AM EST

Holly Ellyatt
@HollyEllyatt
Elliot Smith
@ElliotSmithCNBC

Key Points

European stocks are expected to open around the flatline on Wednesday as markets the latest data out of the euro zone and monitor the region’s latest Covid surge.

The U.K.’s FTSE index is seen opening 6 points lower at 7,260, Germany’s DAX 4 points lower at 15,933, France’s CAC 40 up 1 point at 7,045 and Italy’s FTSE MIB up 84 points at 27,023, according to data from IG.

[quepassa] 24/11/2021 06:31

Releasing stock piles from Strategic Reserves? I thought they were meant for disaster situations (such as disruption from hurricanes or pipeline downage) not to smooth price spikes due to unprecedented high demand.

Surely this will prolong high oil prices as suppliers will know they now have captive wealthy sovereign buyers who will need to refill their Strategic Reserves.

Perfect storm brewing for oil prices. At least $100pb is coming if not significantly higher in my view.

ALL IMO. DYOR.
QP

[xxxxxy] 23/11/2021 18:52

Planet Earth has been around awhile.For 90% of the time it has been so warm there was never any ice at all anywhere. A very warm planet is the normal.And humans can do very little about it.Humans can do as much about any warming as the sparrows in the garden, or Banksy's Parliament of Apes.Perhaps a Referendum on Green Policy may be a good idea..... And Vote Reform Party

[xxxxxy] 23/11/2021 18:51

Energy..... One of the government 's fundamental responsibilities. Boris and Nuts are in Fantasy land......... Andrew James23 Nov 2021 6:08PMPrivatisation of the energy market has been a complete failure, as expected, and price caps were always doomed to failure. Unfortunately politicians don't understand how the real world works.16LikeReplyBumptious Pirate23 Nov 2021 6:08PMThis is a storm in a teacup.  The BBC told me that wind power is cheaper than ever and the sun will be out in another fourteen hours11LikeReplyalan bent23 Nov 2021 6:16PM@Bumptious Pirate The arctic sea freezing earlier than most years, trapping many ships.... Daily Telegraph