Shell Share Discussion Threads

[waldron] 27/11/2021 09:29

YEP

Lets see if RNS have been delayed until Monday

chuckle and cheers

[kelso29] 27/11/2021 09:22

I see that Shell haven't done any buybacks in the last week (BP still doing 9m a day). This seems odd given the low sp

[xxxxxy] 27/11/2021 08:18

Joe Biden's oil supply gamble risks backfiringPresident's release of stocks from the US oil reserve is too small to make an impact and will not force Opec to increase production... Daily Telegraph....Good morningBore da

[xxxxxy] 27/11/2021 08:11

New Covid variant is less worrying than delta, says Prof Chris WhittyChief Medical Officer urges calm in face of warnings around omicron mutation, saying concern should focus on 'immediate threats'ByLaura Donnelly, HEALTH EDITOR ; Sarah Knapton, SCIENCE EDITOR and Paul Nuki, GLOBAL HEALTH SECURITY EDITOR, LONDON... Daily Telegraph

[waldron] 26/11/2021 19:17

Bp
317.65p -7.86%


Royal Dutch Shell A
1,556.2p-5.66%



Royal Dutch Shell B
1,556.4p-5.64%

TotalEnergies
40.5 euros -5.93%

Eni
11.53 euros-6.23%

TULLOW OIL PLC (TLW)
43.47p -7.79%

what a grey day

[gibbs1] 26/11/2021 15:01

alas UK is not always the victim and not always trustworthy if one takes the nuke sub fiasco with ozzieland into account

EDF has been assisting UK for years and has done the governments bidding

In my view nothing wrong with China or France , you should look closer to home

But of course theres always trustworthy USA

[baggywrinkle] 26/11/2021 14:51

FB:

If there are problems working with France or China, then the obvious answer, assuming that these problems cannot be resolved, is:
A: to identify which other country/ies would be the best to work with, and
B: to select a trial project to begin to prove their capability and reliability.
The key must be not to start what could be a long term relationship until we are two hundred per cent certain that that country and company can be relied upon.

The best way to be certain about the future is for us to have full technical knowledge about the design so that in the event that that company goes bust, or does not meet its contractual obligations, we are able to maintain and/or replace all the components.

[frederickbloggs] 26/11/2021 14:04

Absolutely shameful that we rely on France and China for nuclear technology. Probably the two least trustworthy countries on the planet in their attitude towards the UK national interest.

[frederickbloggs] 26/11/2021 14:02

So rare to see any commonsense about energy from any politician. How did we get in a mess like we are over energy policy? We haven't had a robust common sense national energy policy since Mrs Thatcher cancelled the entire civil nuclear programme after Sizewell B.

[baggywrinkle] 26/11/2021 13:56

xxxxxy

I am now out of date with current technology, but please see below:

I worked on the design of the nuclear reactor at Trawsfynydd in 1960-61.
We were then able to design and build our own nuclear reactors without input from, or reliance on, any foreign company or country.

Should that not be a prerequisite of any contract for our nuclear industry today ?

Therefore it amazes me that our government has allowed our country to engage foreign companies without insisting that all technical knowledge must be handed over as a pre-condition of any contract.

Why has the government not insisted on this so that our country cannot be held to ransom by foreign companies involved with our nuclear reactors ?

[xxxxxy] 26/11/2021 09:51

Keeping the lights onNOVEMBER 26, 2021 34 COMMENTSI have long thought keeping the lights on by ensuring sufficient energy is available at all times is the crucial prior demand of a successful energy policy. A good energy policy also needs to balance affordable cost for people and business alongside environmental objectives.I posted here my latest public questions to Ministers. I think they need to announce more additional electricity capacity for the balance of this decade as they push through their electrical revolution. I want them to see the logic of their use of gas as a "transition" fuel and see that it is safer and greener to rely on more UK produced gas rather than imported LNG or  natural gas from the continent. We have just seen how we face extremes of prices by relying on the world market. Surely we need more domestic contract gas at longer term prices which smooth the volatility.This week the Secretary of State told me that the answer to my fears will  be more nuclear. It is true they have one large nuclear plant in construction that will bring us more power this decade. Hinckley C will add 3.2GW to the system. What he did not point out is they also plan to close all but one of our current nuclear stations by 2030, so the amount of power generated by nuclear will fall over the next eight years even allowing for the new opening. The closures will reduce our old nuclear capacity by 8.1GW, or a net loss of 4.9 GW allowing for the new opening.  If the government wishes to keep nuclear at 17% of our total electricity generation, its current level, they will need at least one extra large new nuclear plant and a fleet of the smaller plants they are now trying to work up to approved systems and products. If they want nuclear to take over more of the work currently done by gas and help meet the rise in demand as more cars and heating systems convert to electricity there will need to be an even  bigger expansion of nuclear.So let me accept the government's assurance that come the next decade there will be more small nuclear sets, more large nuclear stations, and the nuclear  industry will be able to meet rising demand after say 2035 once it has replaced all the current stations to be closed. That still leaves us with more than a decade when nuclear will not be the answer to keeping the lights on when the wind does not blow and the sun does not shine. I repeat my questions. Will they procure  more stand by capacity? Will they keep the old coal power stations available as an ultimate reserve, as they needed to use them this autumn and again today as I write this ? Will they expand gas generating capacity as a gap fill? How long would it take to bring on more pump storage and hydro schemes to supplement wind and solar?Can we have some numbers please from the government to reassure us the lights will stay on at all times without rationing or special measures?... John Redwood

[spawny100] 26/11/2021 08:07

6% down? Shocking day on the market already. Ugh.

[deanroberthunt] 26/11/2021 08:04

told ya it was coming.....

the Botswana super variant ....

[skinny] 26/11/2021 07:20

Post 19320 - ACA, yes I held them at some point @20 years ago - I believe they were dissolved @2016 and it was Atlantic Caspian Resources then.

[waldron] 26/11/2021 06:40

European stocks set to open sharply lower amid concerns over a new Covid variant found in South Africa

Published Fri, Nov 26 20211:28 AM EST

Matt Clinch
@mattclinch81
CNBC


Key Points

Concerns over a new variant of Covid started to rise, with the U.K. temporarily suspending flights from six countries in southern Africa.

The new Covid variant has more than 30 mutations spreads and the WHO is holding a special meeting Friday to discuss what the new variant may mean for vaccines and treatments.

LONDON — European stocks are set to slide at the open on Friday with fears over a new variant of Covid-19 that reportedly has multiple mutations.


The FTSE 100 is expected to open 120 points lower at 7,190, the German DAX is expected to open 268 points lower at 15,650 and the French CAC 40 is expected to open 116 points lower at 6,960, according to CMC Markets.

European investors have been closely monitored the acute Covid crisis in the region this week amid rising infections that have prompted a handful of countries to introduce new Covid restrictions.


Italy announced Wednesday evening that it will introduce tighter Covid measures and Germany has narrowly avoided another lockdown with the incoming government reportedly wanting to wait and see if tighter Covid passport rules help to alleviate rising cases there.

But overnight, concerns over a new variant of Covid started to rise, with the U.K. temporarily suspending flights from six countries in southern Africa. The new Covid variant has more than 30 mutations spreads and the WHO is holding a special meeting Friday to discuss what the new variant may mean for vaccines and treatments.

U.S. markets were closed Thursday for Thanksgiving and will close early on Friday in a shortened session. Futures for the Dow Jones Industrial Average fell more than 400 points on Friday morning amid the renewed Covid concerns.

[ijust lucking] 26/11/2021 05:21

Did anyone ever have shares in Atlantic caspian pipeline ?

[xxxxxy] 25/11/2021 09:07

More like.... An unsustainable Energy Policy.... A government responsibility....... Government Policy.... Death by HYPOTHERMIA

[xxxxxy] 25/11/2021 09:05

The UK government has begun to count the cost of Bulb Energy's collapse as many begin to wonder whether it is a fair price to pay for policymakers' failure to spot a looming market breakdown.The life-support scheme set up to allow Bulb to keep supplying gas and electricity to its 1.7 million customers through the winter months could cost taxpayers up to £1.7bn, or £1,000 per customer, according to a court application to hand the company to a special administrator.Officials are understood to be focused on finding a quick exit strategy from the arrangement as early in the new year as possible to help limit the eye-watering costs, as signs of the supplier's "unsustainable" business model grow clearer.Accounts for the collapsed supplier show a clear trend of growing losses and spiralling debts as it paid heavily to build its book of customers. In 2018, the company was believed to have around 300,000 customers and accounts showed debts of £26m. But by March 2020 Bulb's dash for growth meant about 1.6 million customers and liabilities of £223m – with debt repayments due by the end of this year..... Yahoo Finance

[xxxxxy] 25/11/2021 08:19

Jason Solomons49 MIN AGOMessage ActionsTotally self inflicted, but don't worry Joe, the sycophantic and totally dishonest mainstream media will cover for you and try to find a way to blame the Orange man....... Daily Telegraph