Shell Share Discussion Threads

[waldron] 28/10/2021 11:41

Ex-dividend date for RDS A and RDS B November 10, 2022

[waldron] 25/10/2021 14:54

25 Oct, 15:21

Nord Stream 2 certification requires legitimacy for exploitation, says German ambassador

The construction of Nord Stream 2 was fully completed on September 10

YEKATERINBURG, October 25. /TASS/. The Nord Stream 2 gas pipeline should be certified legitimately for its acceptance into service, German Ambassador to Russia Geza Andreas von Geyr told reporters.

"As far as I know, from the technical viewpoint the construction of Nord Stream 2 has been completed, and it is ready for being accepted into service, with the certification issue currently relevant. The certification should be legitimate and clean, once the procedure is passed the acceptance of Nord Stream 2 into service may be under consideration," he said when asked when the German regulator will allow supplies via Nord Stream.

The construction of Nord Stream 2 was fully completed on September 10. Before pumping can commence, the operator of the project should submit certificates of technical norms conformance to the Stralsund mining authority. It should also be registered as an independent transport operator - the Federal grid agency is to issue certification by January 8, 2022.

The agency cannot prohibit gas pumping, but if it starts before the registration is finalized the operator will be fined.


This registration is obligatory for meeting the norms of the EU Gas Directive.

[grupo guitarlumber] 24/10/2021 15:48

Upcoming events on ROYAL DUTCH SHELL PLC


OCTOBER/28/2021 Q3 2021 Earnings Release

[grupo guitarlumber] 21/10/2021 15:48

i wonder whether cop 26 will have an adverse effect on the Oil MAJORS

The 2021 United Nations Climate Change Conference, also known as COP26, is the 26th United Nations Climate Change conference. It is scheduled to be held in the city of Glasgow, Scotland between 31 October and 12 November 2021, under the presidency of the United Kingdom.

[sarkasm] 16/10/2021 00:08

Upcoming events on ROYAL DUTCH SHELL PLC


OCTOBER/28/2021 Q3 2021 Earnings Release

[gibbs1] 11/10/2021 11:41

RDSA [NL] ROYAL DUTCH SHELL PLC EUR 20.675 Real-time Quote. 2.05% Euronext Amsterdam Stock

RDSA [GB] ROYAL DUTCH SHELL PLC GBX 1744.3 Delayed Quote. 1.81% London Stock Exchange Stock

RDSA [CZ] ROYAL DUTCH SHELL PLC CZK 497.95 End-of-day quote. -3.10% Prague Stock Exchange Stock

RDSA [GB] ROYAL DUTCH SHELL PLC EUR London Stock Exchange Stock

RDSA [GB] ROYAL DUTCH SHELL EUR CINNOBER BOAT Stock

RDSA [CH] ROYAL DUTCH SHELL PLC CHF Swiss Exchange Stock

RDSA [AT] ROYAL DUTCH SHELL PLC EUR Wiener Boerse Stock

[waldron] 10/10/2021 17:07

Europe Desperately Needs To Diversify Its Energy Supply
By Stuart Burns - Oct 10, 2021, 10:00 AM CDT

Rising energy prices have fueled inflation that was already being stoked by commodity price increase and supply chain problems for much of this year.
Thermal coal prices have risen to record levels, threatening to impact GDP growth in China and India as a result of electricity rationing.
Europe’s energy markets are particularly exposed to supply disruptions despite supposedly being highly integrated.

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We have written twice over the last week concerning the energy crunch, first in China and then in India.

Thermal coal prices have risen to record levels, threatening to impact GDP growth as a result of electricity rationing.

The Financial Times observes that China has suffered a triple whammy of emissions restrictions on power generation, a shortage of coal, and price caps on electricity that mean demand is unaffected as input costs have risen. India, which relies heavily on coal for its thermal power plant, is facing tight supplies and record prices. Nationally, it has only four days of stocks left.
Europe energy costs on the rise

But energy — whether it is in the form of coal, natural gas or oil — is a global commodity. Both Europe and the U.S. find themselves with their own set of challenges, more skewed to the tight natural gas market and rising global oil prices.

The U.K. is not alone but is possibly the most acutely exposed to Europe’s reliance on imported natural gas, particularly from Russia.

U.S. gas contracts for November delivery surged nearly 40% this week to hit £4 per therm (having started 2021 below 50p).

But a surprise announcement by Vladimir Putin yesterday saying Russia was prepared to increase supplies to stabilize prices prompted a sharp sell-off, sending the price down to £2.87.

Whether it stays there will depend in large part on whether Russia can honor that commitment in the months ahead. Russian state gas supplier Gazprom has come under intense criticism for deliberately shipping to no more than its minimal contractual obligations this year. The reality is Russia’s own inventory levels are also depleted after a harsh winter.

Related: WTI Oil Price Breaks $80 For The First Time Since 2014

It is probably fair to say Europe’s energy markets are particularly exposed to supply disruptions despite supposedly being highly integrated.

Many large industrial consumers have complained that the E.U.’s Green Deal to make the bloc climate neutral by 2050 will only push up energy prices further. In turn, that could ultimately lead to social unrest. For example, high energy prices resulted in the French “gilets jaunes,” or yellow vests, demonstrations in 2018-2019.
Inflation, energy cost impacts

Rising energy prices have fueled inflation that was already being stoked by commodity price increase and supply chain problems for much of this year. Rising energy costs and inflation have been contributing factors in the August fall in German industrial orders. Orders fell 7.7%, a far sharper fall then economists had expected.

Meanwhile, rising energy costs have prompted the closure of large energy consumers across Europe, such as ammonia and fertilizer production. Meanwhile, in the U.S., oil prices this week hit the highest level in seven years after OPEC+ decided to maintain current production levels, which will see a planned increase of just 400,000 barrels a day from November.

U.S. administrators have talked about release from the strategic petroleum reserve and even limits or a ban on U.S. exports of crude oil to limit domestic oil price rises. The average price of gas at the pump has reached $3.19 a gallon, the highest in seven years.

The U.S. economy does not appear to be unduly hindered by the price rises yet. The private sector added a higher-than-expected 568,000 jobs in September, the biggest rise in three months. However, with midterm elections next year, high gas prices will not go down well with voters.
Looking ahead

Buyers of European components may expect to see some inflation in prices this year and next. Cost increases are coming, not just from metal prices but energy, wage costs and continuing logistics delays in Europe.

It is to be hoped the continent copes through this winter and cost increases do not derail the recovery. While manufacturers have been riding a wave of unprecedented demand recovery, it should not be mistaken as unstoppable.

A number of factors are converging to push up costs while potentially dampening demand. That makes a toxic mix for a still-fragile recovery.

By Stuart Burns via AG Metal Miner

More Top Reads from Oilprice.com:

[grupo guitarlumber] 09/10/2021 11:38

Shell's Financial Results Will Be Greatly Boosted By LNG
Oct. 09, 2021 4:36 AM ETRoyal Dutch Shell plc (RDS.A), RDS.B,

Summary

LNG prices are skyrocketing in response to energy shortfall in Europe, with longer-term prospects looking bright as well, given the need for global natural gas supply flexibility.
The need for flexibility in the global gas market is enhanced by the intermittent nature of the growing supply of wind & solar power, which can leave regional energy gaps.
Shell is well positioned to take advantage, given its leading role in the global LNG supply chain.
While Shell's longer-term challenges, such as environmentalist pressures, as well as dwindling upstream reserves are likely to be a drag on its stock performance, shorter-term prospects should push the stock up.

[adrian j boris] 08/10/2021 21:39

NASDAQ



Stocks
Shell (RDS.A) Boosts Solar Market Base in UK With 800MW Deal
Contributor
Zacks Equity Research Zacks
Published
Oct 8, 2021 1:38PM EDT


Royal Dutch Shell plc (RDS.A) recently announced its first entry into solar development in the United Kingdom, establishing two collaborations that will lead to the construction of more than 800 megawatts (MW) of power.

The Anglo-Dutch supermajor inked a framework deal with developer Island Green Power for the development of photovoltaic (PV) projects with co-located battery storage. The parties will first work together on more than 700 MW of total generating capacity.

The second collaboration is with Clearstone Energy of the United Kingdom, which will encompass projects with a combined capacity of 100 MW and co-located storage potential. Both transactions are contingent on the future final investment decisions.

Shell, which is already involved in solar developments in other markets around the world, plans to utilize the solar capacity to create renewable energy in the areas where customer demand is high as part of a larger ambition to develop an integrated energy firm in the UK market.

Following the 2017 acquisition of First Utility, which was finalized in 2018, Shell already has a power provider in the UK. In 2019, the firm changed its name to Shell Energy and announced that it transitioned all of its residential clients to 100% renewable energy.

Shell is already developing solar projects in other regions as well as making significant inroads into offshore wind, such as floating turbines as part of an effort to build a sustainable energy base.

The company's UK solar venture came at a time when Prime Minister Boris Johnson announces plans to transition Britain's power generation considerably to a renewable and nuclear set-up by 2035, a job that experts say will necessitate massive new wind and solar installations as well as storage and a redesigned infrastructure.

Shell, like its European Big Oil competitors, pledged to reduce its traditional oil and gas operations in favor of cleaner energy sources with electricity as a key component of its transition plan.

Unlike its peers, this energy player primarily concentrated on long-term power purchase agreements or smaller investments in technological firms. This contrasts with multibillion-dollar investments in wind generation by BP p.l.c. BP and TotalEnergies SE’s TTE acquisition of a share in Adani Green Energy Ltd, an Indian renewables business.
Zacks Rank & Another Key Pick

Shell currently sports a Zacks Rank #1 (Strong Buy).

[waldron] 07/10/2021 13:40

Royal Dutch Shell PLC said Thursday that Hurricane Ida's impact in the Gulf of Mexico hit its operations but it expects a cash boost from high global energy prices in the third quarter.

The Anglo-Dutch energy giant said Hurricane Ida is expected to cause losses of around $400 million to its adjusted earnings and clash flow from operations in the third quarter.

However, Shell said it expects its cash flow from Integrated Gas operations will be boosted by "large variation margin inflows on the back of the prevailing gas and electricity price environment".

The London-listed company said that integrated gas production for the third quarter is anticipated to be between 890,000 and 950,000 barrels of equivalent oil per day. Liquid natural gas liquefaction volumes are expected to be between 7.0 and 7.5 million metric tons, reflecting feedgas constraints and additional maintenance.

Regarding its upstream performance, the company said that production is expected to be between 2.03 billion and 2.10 billion barrels of oil equivalent per day. This includes the loss of around 90,000 barrels daily due to Hurricane Ida. Upstream adjusted earnings are not expected to be significantly affected by the prevailing strong gas price environment, it said.

Oil products sales volumes are expected to reach between 4.3 million and 5.4 million barrels of oil per day, the company said, noting that trading and optimization results are expected to be similar to the second quarter.

Shares at 0818 GMT were down 17.40 pence, or 1.1%, at 1,635.20 pence a share.



Write to Sabela Ojea at [e-mail]; @sabelaojeaguix



(END) Dow Jones Newswires

October 07, 2021 04:40 ET (08:40 GMT)

[waldron] 07/10/2021 07:40

Consensus

The consensus collection for quarterly Adjusted Earnings, Adjusted EBITDA (NEW) and CFFO excluding working capital movements, managed by Vara research, will be published on 21 October 2021.

[waldron] 05/10/2021 18:10

INVEZZ



Shell share price forecast as crude oil and natural gas prices soar

By: Crispus Nyaga

on Oct 5, 2021

The Royal Dutch Shell share price skyrocketed to the highest level since February.

The stock soared as the price of crude oil and natural gas soared.


We explain why the stock will soon hit 2,000p in London.

The Royal Dutch Shell (LON: RDSB) share price skyrocketed to the highest level since February 2020 as oil and natural gas prices soared. The stock surged to 1,707p, which was about 110% above the lowest level since October last year.
Crude oil and natural gas prices surge

Royal Dutch Shell is one of the biggest upstream, midstream, and downstream oil and energy companies in the world. The firm explores, stores, trades, and sells oil and gas globally.



Therefore, like other integrated oil companies, Shell has benefited from the surging oil prices. The price of Brent surged to more than $83 while the West Texas Intermediate (WTI) soared to more than $80. This is notable since oil prices crashed to the negative zone at the height of the Covid panic in 2020.

The rally was supercharged by an OPEC+ meeting that happened this week. The cartel decided to leave their supply goal intact, meaning that they will continue adding 400k barrels per day every month. This monthly increase was significantly smaller than what analysts were expecting. As such, some analysts believe that oil prices will soar to $100 per barrel soon.

At the same time, the price of natural gas has rocketed to a multi-year high. With countries facing significant energy shortages, there is a likelihood that the prices will keep rising as winter approaches. The natural gas prices are notable since Royal Dutch Shell is one of the biggest dealers around the world.

To some extent, the pandemic helped Royal Dutch Shell and other supermajors like BP and Exxon. It pushed some of these companies to sell non-core assets and cut their costs. As a result, what remained are relatively smaller companies that are more efficient.

Therefore, the Shell share price will likely keep doing well as cash flow rises and the company increases its shareholder returns.
Shell share price forecast

The weekly chart shows that the RDSB share price has been in a bullish momentum in the past few weeks. Indeed, it has risen in the past four straight weeks. At the same time, it has moved above the key resistance level at 1,487p, which was the previous year-to-date high.

The price has moved above the 25-day and 50-day moving averages and the 50% Fibonacci retracement level.

Therefore, there is a likelihood that the bullish momentum will continue as bulls target the next key resistance at 2,000p.