Shell Share Discussion Threads

[pvb] 18/11/2021 21:20

Any particular reason RDSB seems to be a share held by flakes?

Will have to have a rethink on this one...

[waldron] 18/11/2021 10:53

Thought for the day

a nice catch phrase

There SHELL B no Planet B

[tornado12] 18/11/2021 09:58

Remains scandalous that Shell which is also leader in renewable drive WW remains below 18 quid !. Cmon Ben, sort out the exit from Royal dutch and get the divi return to more respectable 5% based on current R&R. We need a bumper Q4 without crazy downgrades or poor hedging losses to put a rock in our shell

[xxxxxy] 18/11/2021 07:31

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.

[xxxxxy] 18/11/2021 07:28

Greta.Russia's greatest Secret Weapon.

[xxxxxy] 18/11/2021 07:24

Christmas Eve.

[xxxxxy] 18/11/2021 07:23

Europe's energy crunch has returned with a winter vengeance. We are back to warnings of power rationing and industrial stoppage, a looming disaster for the European Commission and the British government alike.Vladimir Putin has tightened his stranglehold on gas, driving up futures contracts for January by 40pc in barely a week. Prices are nearing the levels of September's panic. The difference this time is that the underlying geopolitical crisis is an order of magnitude more serious.Russia has mobilized 100,000 troops near Ukraine's border in what Nato calls a "large and unusual build-up" with hostile intent. American and British intelligence officials last week showed Ukraine's top brass satellite images and electronic intercepts indicating a "high probability" of military attack this winter, led by the sorts of Spetsnaz special forces deployed in Crimea... Daily Telegraph

[waldron] 17/11/2021 15:40

TotalEnergies wants out of challenging Norwegian gas project

French supermajor searching for buyers for its 20% stake in Shell’s $1.8 billion Linnorm project offshore Norway

17 November 2021 13:10 GMT Updated 17 November 2021 14:01 GMT

By Ole Ketil Helgesen
in Stavanger

TotalEnergies is looking to sell its interest in the development of the Linnorm gas field offshore Norway. Shell and the other partners are forging ahead

[waldron] 17/11/2021 15:32

Proactive

14:51 Wed 17 Nov 2021

Shell's shift to London heralds big buybacks, according to UBS

Buybacks could amount to $15-$16bn in the supportive macro environment UBS envisages.
Shell

Shell’s name change and shift of HQ to London is about oil and gas companies needing maximum financial flexibility and optionality, going forward, according to UBS.

That is what Shell’s move is about, says the broker, “with an efficient route for excess capital that we believe will be a feature of the industry as it heads towards peak oil demand and investment levels are rationed and allowing for both acquisitions and restructuring/divestments to support strategy”.

“With the company under activist scrutiny management needs the tools to act in as nimble a fashion as possible”.
No longer royal and a lot less Dutch, what’s happening at Shell?

If successful, this may mean a significant uptick in buybacks next year with the Shell general meeting on 10 December to give significant pointers for the future including a switch to the UK early in 2022.

“This would leave room to deliver a significant amount of the Permian proceeds and CFFO-based buybacks in the year which could amount to $15-$16bn in the supportive macro environment we envisage.”

Buy with a 2,125p price target is UBS’s view, shares eased 1.4% to 1,677.6p.

[waldron] 17/11/2021 08:42

coxsmn
17 Nov '21 - 07:57 - 6051 of 6052
0 0 0

[waldron] 17/11/2021 07:32

European markets set for muted open with inflation data, earnings on the agenda

Published Wed, Nov 17 20211:28 AM EST

Elliot Smith
@ElliotSmithCNBC


Key Points

Investors will be monitoring a raft of inflation data from the U.K. and the euro zone on Wednesday morning, looking for hints as to how central banks will move in the coming months.


Britain’s FTSE 100 is seen around 24 points lower at 7,303, Germany’s DAX is expected to lose around 23 points to 16,225 and France’s CAC 40 is set to open roughly flat at 7,153, according to IG data.

[sarkasm] 17/11/2021 03:54

OPEC secretary general expects oversupply in oil market next year

Date: 09:05, 17-11-2021.

Astana. November 17. KazTAG - OPEC Secretary-General Mohammad Barkindo said on Tuesday that he expects an oil supply surplus as early as December and the market to remain oversupplied next year, reports Devdiscourse.

"The surplus is already beginning in December.

These are signals that we have to be very, very careful," he said.

The Organization of the Petroleum Exporting Countries (OPEC) last week cut its world oil demand forecast for the fourth quarter by 330,000 barrels per day (bpd) from last month's forecast, as high energy prices hampered economic recovery from the COVID-19 pandemic.

Fears of falling demand come as supplies are expected to rise.

Oil rebounded from a weak start on Tuesday as worries over tight inventories underpinned prices, although optimism was limited by fears over demand following a pickup in COVID-19 cases in Europe.

OPEC has a vested interest to ensure that the global economic recovery continues, Barkindo added while speaking to reporters on the sidelines of a conference in Abu Dhabi.

[sarkasm] 17/11/2021 03:36

For the Green Party, which is in opposition to the government, Shell’s announcement should instead be a catalyst for speeding up legislation for an “exit tax” that would cover government revenue lost from dividends the company would pay after it departs, according to Tom van der Lee, a member of parliament for the party.

[cassini] 16/11/2021 20:15

They've got religion. Common sense doesn't even enter into their minds...

[lippy4] 16/11/2021 18:13

and the government are holding back on shell commencing with its new gas field in the north sea..

polictians make you spit,where is the common sense it does not need a degree in petroleum to see we need it badly.

[xxxxxy] 16/11/2021 16:56

A real storm could be brewing. Heads will roll.Wakeup call for the People.Woke. Begone.