Shell Share Discussion Threads

[xxxxxy] 28/9/2021 16:15

Being Green and Clean isn't a bad objective. But has to be managed intelligent and realistically, probably over a much longer period of time. Linked also to population control and reduction. Not much point in, for example, making bio ethanol if losing biodiversity. It is complicated and Woke Science really is not up to this. Management is critical, as can already be seen from China to the petrol pump down the road.

[xxxxxy] 28/9/2021 16:10

Harry Walker28 Sep 2021 2:51PMTime to drop the eco-green-wind-solar charade and start drilling in the North sea again. Norway are doing it. So should we. Will create thousands of jobs and with it tax revenue for our nation. 8LikeReplyMr Pleb28 Sep 2021 3:49PM@Harry Walker There's a billion barrels off the Falklands islands appraised and ready to go. People have to accept that the move to electric is going to take time and in the meantime we need to secure our sources of supply of oil and gas. Depending on Russia is not a good plan!... Daily Telegraph

[waldron] 28/9/2021 15:49

Jamie Ashcroft

13:53 Tue 28 Sep 2021




BP and Shell shares rise amid US$80 oil and UK energy crisis

The UK and Europe are seeing a fuel squeeze meanwhile hurricanes and OPEC have impacted global prices.

BP and Shell shares in favour as oil prices rise above US$80

BP PLC (LSE:BP.) and Royal Dutch Shell PLC (LSE:RDSB) shares were in favour on Tuesday as crude oil prices raced above US$80.

Domestically, petrol is again among the themes of the day as people continue queuing at forecourts, and the exhortation not to panic buy seemingly falls on deaf ears.

Worldwide, meanwhile, there are bigger picture economic factors at play – far beyond the post-Brexit availability of transport workers to deliver tankers from point a to point.

Brent crude is pitched at a three-year high in the wake of Hurricane Ida, which damage key infrastructure in the Gulf of Mexico, and, the impacts of petro-politics at OPEC, plus the broader industry is somewhat hamstrung by the lower investments in recent years amidst low crude prices.

City analysts at Barclays in a note point to the positives for companies like BP and Shell, which despite efforts and narratives towards renewable energies still generate huge revenues and profits from the sale of oil, gas and other petro-products.

“The strengthening fundamentals that we have seen throughout 2021 are finally starting to be reflected in share price performance, and with 2022 already setting up to continue decade high FCF, we expect further outperformance,̶1; Barclays said.

“Unusually we rate BP, Shell and Total Energies all ‘Overweight217; reflecting value across the sector.”

Shell shares rose around 3% in London to trade at £16.43 whilst BP added 2.9% to 340.90p.

In crude markets, Brent continued to climb as it was changing hands at around US$80.10 per barrel up 0.7% for the day.

Similarly, the American benchmark West Texas Intermediate was 0.85% higher at around $76.09.

Naeem Aslam, chief market analyst at AvaTrade, said: "Fears of an energy crisis in Europe are supporting oil prices.

"The surge in gas prices has made oil a relatively cheaper substitute for power generation and hence its appeal has increased."

It is not just Europe that is seeing energy problems: China is suffering power cuts after a fall in coal imports and actions taken to cut emissions.

The jump in oil prices has helped lift

Proactiveinvestors

[loganair] 28/9/2021 15:28

xxxxy - I understand plants need circa 1,200 parts per million CO2 to be at their healthiest, at 150 parts plants start to die and at 100 parts photosynthesis stops.

The higher the CO2 level the healthier the plants, the more green the leaves of plants are which in turn shrinks desserts and the more oxygen they give off.

currently CO2 at around 415 parts per million, 600 to 800 will be good for both plants and humans, therefore the planet needs to increase the amount of CO2 in the atmosphere.

In the past CO2 has been as high as 9,000 parts per million.

10,000 years ago one could walk across the straights of Dover, 6,000 years ago the Channel Islands where still connected to the Cherbourg Peninsula. Over the past 10,000 years sea level has risen by 140m or circa 44cm per 100 years and since 1900 sea level has only risen by 25cm, around 50% less then the average over the past 10,000 years.

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.

It is not CO2 that causes smog, it is the contaminants of Nitric Oxide and Sulphur Dioxide.

[waldron] 28/9/2021 13:59

do you really see this fantastic spring or gap up continuing supermarky

i feel it risks topping out if gas and petrol falls back

could it also be the divi cash effect togetherwith a currency impact

[adg] 28/9/2021 13:58

And also these muppet childish lemming green eco-loonies who seem to have the upper hand will force the 'balance of oil & gas production' into the less civilised and less aware/concerned/controlled NOC's and 2nd / 3rd world production companies who will cause far more damage to the environment than these lunatics could ever envisage - utter complete short sighted half-wits who seem to be infiltrating everything everywhere....
It'll end in tears unless these uneducated clowns are stopped/ignored - any energy transition needs to be controlled by responsible companies.

[waldron] 28/9/2021 13:54

Royal Dutch Shell a
1,649.6 +3.25%



Royal Dutch Shell b
1,639.6 +2.80%


Are they growing apart again

[supermarky] 28/9/2021 13:52

sp experiencing the surge breakout. Chart looks good to keep heading north generally to the 20 area to me.

[xxxxxy] 28/9/2021 13:34

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

[supermarky] 28/9/2021 11:01

looking good here. waiting for a pull back to add more. Chart looks good

[loganair] 28/9/2021 10:38

Due to structural issues and low investment in the fossil fuel industry because of the likes of the Greens and other environmentalists there is going to be a lack of oil and gas supply over the short and medium term.

Where I live today, is cloudy and rainy so solar panels are not really working and very little wind therefore wind turbines are not producing much electricity which leaves only fossil fuel left to provide the electricity and heating.

Why is it taking the UK so long to build any more nuclear power stations. If any government had the guts by now the UK would have 3 brand new nuclear power stations up and running.

Just like Heathrow been trying to get a 3rd runway since 1969, 52 years and still waiting planning permission - wouldn't have happened in Victorian times when Britain was really great and a real super power.

[arja] 28/9/2021 10:22

both RDSB and BP have nice looking charts and more upside I suppose . Depends on oil price although when analysts start talking about much higher oil prices . the oil price starts to fall ! ( smile )

[chiefbrody] 28/9/2021 10:00

30 days till next results. Gonna take a stab at 29c per share div.Share price was 25 squid the last time oil was 80 dollars..

[skinny] 28/9/2021 07:11

Brent currently over $80.50

[waldron] 28/9/2021 06:42

Europe heads for positive open as region continues to digest German election fallout

Published Tue, Sep 28 202112:18 AM EDT

Holly Ellyatt
@HollyEllyatt
cnbc

Key Points

European stocks are expected to open tentatively higher on Tuesday as markets in the region continue to monitor the latest developments after Germany’s inconclusive federal election.

The U.K.’s FTSE is seen opening 8 points higher at 7,071, Germany’s DAX 21 points higher at 15,603, France’s CAC up 7 points at 6,654 and Italy’s FTSE MIB 30 points higher at 25,824, according to IG.

[the white house] 28/9/2021 06:22

WowserOver 6 for Gas and 80 for Brent

[xxxxxy] 27/9/2021 21:54

Analysts at Goldman Sachs said Brent, which is based on the North Sea industry, could rise to $90 per barrel by the end of the year.Gas prices have rocketed to all-time highs in recent weeks due to weak global production, low exports from Russia, poor storage levels in the UK and elsewhere in Europe, and rising demand from economies emerging from lockdowns.High gas prices increase demand for oil-burning to generate electricity.The world's biggest independent oil trader, the Vitol Group, said it expects global demand for crude to climb by 500,000 barrels a day this winter.The Organization of the Petroleum Exporting Countries (OPEC) agrees there will be a surge in demand but expects that number to be slightly lower, at around 370,000 extra barrels a day.... Daily Telegraph

[the white house] 27/9/2021 19:31

er, they are, long term holders know this...

[saltaire111] 27/9/2021 19:13

They’ve got to meaningfully increase the divi. If they don’t, management want shooting. Oil prices at this level give them loads of headroom. And they can do the green thing too.

Salty.

[partenope] 27/9/2021 18:55

Royal Dutch Shell A, up 68.4p at 1,597.6p, and Royal Dutch Shell B, up 66.6p at 1,595p - gap between the A & B shares is narrowing. Great day for Shell. Oil prices were last at this level in October 2018 - when RDSB was over £26 - plenty more upside here.

[porsche1945] 27/9/2021 16:00

22 pound target IF Shell meaningfully increases the dividend....massively under valued but dividend cut caused alot of damage. Needs to be over 6pc at 22 quid for risk reward.