Shell Share Discussion Threads

[chiefbrody] 01/6/2021 21:46

And yet the share price is still a shambles.I'd like a big div increase next q please Mr B.

[the white house] 01/6/2021 21:03

Brent : Highest close for 3 years

[xxnjr] 01/6/2021 09:10

I reckon you are right there the white house.Bit of a crazy time at the moment, the ESG mob want a 45% reduction in C02 by 2030..... only way to achieve that is selling off assets to NOC's who don't give a stuff about Co2. Result the worlds overall emissions go up!

[the white house] 01/6/2021 07:50

2/3 of the Q done and Oil & Gas that were strong are getting stronger. Next results will be monster, debt levels getting killed Q on Q, off freeing up continuous divvi increases going forward

[waldron] 01/6/2021 07:29

European markets set for mixed open as investors await key economic data

Published Tue, Jun 1 20212:19 AM EDT

Elliot Smith
@ElliotSmithCNBC


Key Points

Final IHS Markit manufacturing PMI (purchasing managers’ index) readings for May are due out of the euro zone and the U.K. on Tuesday morning, along with flash euro zone inflation figures and unemployment rates. Italy confirms its final first-quarter GDP growth rate.

Oil prices surged overnight during Asian trading hours, with international benchmark Brent crude futures up 1.36% at $70.26 per barrel. U.S. crude futures advanced 2.04% to $67.67 per barrel.

European markets are set for a mixed open on Tuesday after closing out their fourth straight month of gains, with a host of economic data out of the euro zone coming into view.

Britain’s FTSE 100 is seen around 7 points lower at 7,016, Germany’s DAX is expected to climb by around 58 points to 15,479 and France’s CAC 40 is set to add around 21 points to 6,468, according to IG data.

Shares in Asia-Pacific were mixed overnight as investors reacted to China’s Caixin/Markit manufacturing Purchasing Managers’ Index (PMI) for May. The final activity reading came in at 52, slightly exceeding analyst expectations of 51.9.

[loganair] 31/5/2021 14:48

An activist hedge fund, Engine No. 1, just won at least two seats on the board of ExxonMobil. The hedge fund campaigned for the seats by claiming the oil giant is not doing enough to position for climate change. About the same time, Royal Dutch Shell lost a court case over greenhouse gas emissions. A judge ordered the company to follow a prescribed path to lower not only the company’s greenhouse gas emissions, but also those of its clients.

Both situations point to the possibility of large energy companies turning away from oil and gas exploration well before renewable energy is ready for prime time. Electric vehicles suffer both from limited range and from long recharging times.

We will still use internal combustion vehicles for years to come. If energy companies curb exploration and production before we can efficiently transition to electric vehicles, then the cost of petrol and diesel will march higher as supply dwindles. Russia and OPEC members will enjoy profit windfalls, while drivers around the world pay the price.

[loganair] 31/5/2021 08:25

All the Dutch court ruling will does is to make Europe even more reliant on Russian energy.

The Wokeness of the world is why my largest energy holding by far is now Gazprom followed by Lukoil then Rosneft while my number 4 is Shell.

I chose Shell over BP because of their push into Hydrogen fuels.

[florenceorbis] 31/5/2021 08:15

Proactiveinvestors



Philip Whiterow

13:55 Fri 28 May 2021

Shell might shrink by 12% if Dutch ruling is upheld

Shell's plan will see its oil output decline by 1% to 2% per year after peaking in 2019

Royal Dutch Shell’s (LON:RDSB) shock defeat in a Dutch court over its carbon emissions might lead to a reduction of 12% in its energy output, analysts have estimated.

The oil major’s own plans to become a net-zero carbon emissions company by 2050 were ruled as being too slow in a ruling in a case brought by environmental activists.

Shell will appeal the decision but if it loses will have to reduce its emissions by 45% between 2019 and 2030 compared to its own plans for a 20% reduction.

To hit a target of a 45% reduction would mean a 45% drop in oil sales, a decline in natural gas sales and a much larger increase in carbon offsets such as spending on reforestation said analysts at Credit Suisse

This would shrink the size of Shell's business by 12% to around 18.8 exajoules (ej) of energy output, whereas Shell’s own plan would see energy output rise to 25.8ej by 2020, the broker estimates

Shell's plan will see its oil output decline by 1% to 2% per year after peaking in 2019.

Royal Bank of Canada calculated that a 45% cut in absolute emissions would lead to a 30% drop in oil products sales from last year and a 3% drop in oil and gas production.

Shares in Shell have dropped by 2% since Wednesday and today were trading at 1,289p.

[waldron] 31/5/2021 07:48

European markets set to open in the red ahead of inflation data

Published Mon, May 31 20212:33 AM EDTUpdated Moments Ago

Natasha Turak
@NatashaTurak


Key Points

Germany’s DAX is expected to open down 37 points at 15482 after hitting an all-time high the previous week. France’s CAC seen lower by 8 points at 6475. It is a bank holiday in the U.K.

This despite some good news in France; the country on Monday begins Covid-19 vaccinations for everyone over the age of 18.

On the data front, consumer price index counts for Germany, Spain and Italy are due later this morning.

[xxxxxy] 31/5/2021 06:21

In praise of the carMAY 31, 2021 POST A COMMENTFor many young people passing their driving test is an important rite of passage to adulthood. Acquiring your first vehicle is a major advance in your personal freedom.. Yet today government, Councils and better off greens from the security of their homes in major cities lecture the rest of us on the wickedness of the car. The better off Green city dweller can rely more on the tube or mass transit and has the money for taxis when needed. The aim is to get people out of car ownership or to reduce their use of the car, and in the meantime to cow people into keeping quiet about their reliance on this flexible and most popular form of transport.Many Councils work away to make their localities hostile to car traffic, blocking off roads, and deliberately creating unsafe juxtapositions of bus lanes and cycleways with highway, and altering junctions to increase tensions between different road users. I have recently reviewed the many journeys I need to make for work, for shopping and for social and pleasure purposes. All the ones I need to do in my home constituency area either cannot be done by train, or if attempted by train would take me between three times and ten times as long depending on the distance I needed to walk from the destination station, the frequency of the timetable and whether I needed first to go into Reading by train to then get out on another line. All these trips would also be dearer given the relative marginal costs of each mode of travel. Like many people I conclude if the train option is both much longer and dearer it is not a sensible choice. Added to that how would I manage a weekly shop on the train and carrying the groceries to and from stations. In Central London I do mainly walk or use the tube where the shorter distances and the regularity of the trains makes those the best options now the roads have been so blocked and parking removed or priced so high.Most people in my local area come to the conclusion they mainly use the car. Many take the children to school by car unless they live close to the school. They go on to their place of work in the car because most offices, shops and factories are not near a station. They take the family to a cafe or restaurant by car because it easier with many of the family items they might need in the car already. They visit Granny by car because Sunday transport services are so poor.Sensible Councils understand we need to live with the car. Its flexibility is the ally of better town centres and shopping areas if the Council allows easy access and cheap or free parking. It is the ally of young people being able to enjoy their lives and make more social contacts, it is the friend of events, theatres and concerts wanting people to get back from them at hours of less pubic transport, and the stand by means to tackle many emergencies for a family. The car can get you to the chemist, the doctor or to the direct rescue of a family member in trouble.Sensible car policy means designing junctions that encourage freer flow and segregates different types of road user to make them safer. It means building a better local network of strategic roads designed with the needs of the van, truck and car driver in mind, allowing more time and attention for pedestrians, bikes and buses on other local roads. Above all it needs more capacity to ease congestion and tensions on the ever popular roads.Governments local and national will discover that if they make it too difficult to get about by car there will be a voter backlash. The polls may tell us people want to use their cars less and are worried about air quality, safety and other important issues. If you look however at what people are actually doing they are relying more and more on their cars to buy the food, get to school and work and have some fun. Even before all lockdown is lifted traffic levels are back to pre pandemic levels whilst train and bus travel is struggling to get back to 50% of former levels..... John Redwood

[waldron] 30/5/2021 11:53

A big jobs report looms in the week ahead, as markets enter the often-weak month of June

Published Fri, May 28 20213:26 PM EDTUpdated Fri, May 28 20216:21 PM EDT

Patti Domm

@pattidomm

Key Points

The May jobs report looms large for markets in the week ahead, with 674,000 jobs expected, after last month’s disappointing 266,000 payrolls.

Stocks turned in a mixed performance in May, and according to Bespoke, June can be weak, with the Dow down on average 0.7% for the month over the last 20 years.

The focus will largely be on the economy and the Fed in the coming week, after another hotter-than-expected inflation report was released Friday.

[loganair] 29/5/2021 12:33

Big oil is under pressure to cut production – what does that mean for investors?

Big oil majors including Royal Dutch Shell and Chevron are under pressure from institutional shareholders to reduce emissions. John Stepek looks at how this will affect oil investors.

It’s been a tough week for big oil.

The world’s second-biggest listed oil company, ExxonMobil, now has a couple of board members who want it to stop producing oil.

Meanwhile, Royal Dutch Shell has been told by a Dutch court that it needs to make more effort to cut its emissions.

So what does all of this mean?

The consequences of making it harder for Big Oil to produce oil:

Let’s start with the obvious point. If you make it harder for oil companies to produce oil, then there will be less of it around. If there’s less of it around, it will cost more than it otherwise would have.

And as Louis Gave of Gavekal pointed out before this ruling, “growing ESG constraints and restricted access to capital mean that Western oil firms are not exactly falling over themselves to drill new wells, or deploy new rigs.”

Now, as highlighted by the FT’s Javier Blas on Twitter, “Big oil will likely have to reduce capex even further” with Exxon and Chevron following “Shell/BP into managed output decline. That’s bullish oil price”.

Secondly, the oil companies who are allowed to meet demand – that is, the ones run by Saudi Arabia, Russia, Iran, and all the other cuddly members of oil cartel Opec-plus – will reap the benefit of that, assuming they can maintain a bit of discipline when it comes to pumping the extra oil.

[loganair] 29/5/2021 12:29

Seductive Marketing - The key to sales is to create urgency, there is an urgent reason to act, to buy what you're selling. If you want to sell something make it so compelling.

Giving the following pitch - we are at a crises, the world needs to be (carbon neutral) because of climate change & global warming - that's all they need to say to get people on board. The people who are making tons of money out of all this global warming and climate change "the world is going to burn up into a cinder unless we act now" are going to great deal of trouble to present a false picture leaving many people to act like ants, bees or heards of sheep - shaping the behaviour of the population towards other's profitable ends - a massive transfer of wealth from the 90% who are going to pay for all this to the 0.1% who are selling all this climate crises to the gullible people of the world.


1,100 years ago the temperature of Europe and North America was 2 1/2C warmer than it is today and the ice sheets around Greenland were several 100's of miles further North then they are today - this is how come the Viking's made it to New Foundland 1,100 years ago.

750 out of the past 2,000 years in Europe and North America have been warmer then it is today. 125,000 years ago the average temperature of the Earth was around 6C warmer then it is today.

Currently the planet is in a carbon dioxide famine, many times under the average for the past 100 million years and we need more carbon dioxide in the atmosphere, not less.

Plants need CO2 for photosynthesis therefore with more CO2 in the atmosphere, plants become healthier, leafs become greener and plants actually grow more leaves which greens the planet, produces more rainfall which in turn shrinks desserts.

Humans prefer it to be warmer then colder, if the planet cools, then we need more and more energy to heat our homes to keep warm.

Sea levels have been rising for more then 10,000 years - 10,000 years ago there would have been no need for the channel tunnel or ferries as one would have been able to walk across the dry land of the straights of Dover. 6,000 years ago the Channel Islands were still connected to France.

As the ice in the Artic is floating on the sea, it's sea ice and therefore is already displacing the sea water, if all of it melts will not cause any increase in the sea level.


I am in favour of electric vehicles because of all the NO2 (Nitric oxide) not because of any CO2 they may produce as NO2 causes so many health problems, especially breathing problems.

[adrian j boris] 29/5/2021 09:03

[United Kingdom] ROYAL DUTCH SHELL PLC (RDSB)

Delayed Quote. Delayed London Stock Exchange - 05/28 04:39:21 pm

1283.6 GBX -0.48%

[ali47fish] 29/5/2021 08:23

xxxx please indicate implications for shell

[adrian j boris] 29/5/2021 08:07

NYSE markets observe U.S. holidays 2021


Memorial Day Monday, May 31

[xxxxxy] 29/5/2021 07:28

The EU falls out over the pace and cost of net zeroMAY 29, 2021 5 COMMENTSThe EU intends to improve its offer to the world for its progress to net zero.It plans a 55% reduction in output of carbon dioxide compared to 1990 levels which will require tough action to cut fossil fuel use in transport, homes and industry.It has led to various disputes. Should the lower income countries be allowed laxer targets than the richer ones, who arguably are better able to pay for a fast transition? Will there be substantial solidarity funds to help pay the costs of change from EU funds for the poorer countries?Should the EU carbon trading scheme be extended from electricity and general industry to cover personal transport and home heating? If so how high would the carbon price go, cutting the living standards of all who were hit by the new carbon penalties? Are the voters of EU states now ready to pay more directly for car and boiler use, on top of the extra indirect costs already imposed through electricity and general industrial product prices?German opinion is getting more and more concerned about the possible expansion of a transfer Union, where Germany will be expected to pay more to help countries like Greece, Portugal, Spain and Italy. It is also worried about the extent of ECB buy up of the bonds of the weaker countries of the Union to keep interest costs down. The next ECB meeting and the next EU Council in June are going to be important meetings about far the EU plans to go down the road of fuller financial integration, binding Germany in to accept more the debts and obligations of poorer countries and more of the high costs of the road to net zero. Germany is also unwilling to phase out its coal industry and coal power stations this decade..... John Redwood