Shell Share Discussion Threads

[montyhedge] 10/2/2020 11:01

Thing is I have the most followers on ADVFN, got to say something especially when short from 2235p, hopefully 1775p is a given, after ex div.

[sarkasm] 10/2/2020 10:55

Ex-dividend date February 13, 2020

Record date February 14, 2020

Closing of currency election date (see Note below) February 28, 2020

Pounds sterling and euro equivalents announcement date March 9, 2020

Payment date March 23, 2020

[sarkasm] 10/2/2020 10:53

Shell and Ecopetrol to develop Colombia offshore gas discoveries

Published by Nicholas Woodroof, Assistant Editor
Oilfield Technology, Monday, 10 February 2020 09:00
Ecopetrol and Shell EP Offshore Ventures Limited have signed an agreement whereby Shell will acquire a 50% stake in the Fuerte Sur, Purple Angel and COL-5 blocks, located in the deep waters of the Colombian Caribbean.

Following the agreement, Shell will assume the operation of the blocks. The parties intend to drill a boundary hole in the area at the end of 2021, once the respective approvals of the authorities are filled, and to carry out the first production test. If these activities were positive, the discoveries could be developed and thus expand the gas supply for the country in the medium-term.

“This agreement we made with a top-level ally such as Shell, recognised for its experience in ultra-deep water operations and in the development and commercialisation of high-impact gas projects, will allow us to check the production capacity of these reservoirs and their possible future development We are very satisfied with this alliance that will lead us to increase the reserves and production of an environmentally friendly fuel, key in the energy transition, and strengthen the strategic relationship with Shell, with which we have already been working in the Brazil Presal and in the Gulf of Mexico (United States),” said Felipe Bayón, president of Ecopetrol.

“This position is a significant step for Shell in Colombia and in South America. The agreement brings together the regional knowledge of Ecopetrol, coupled with Shell's experience in deep water and integral solutions of Natural Gas. We have collaborated with Ecopetrol on multiple occasions since its creation, and we are very happy to continue demonstrating our commitment of more than 84 years working with Colombia in its energy resources, ”said Ana María Duque, president of Shell in Colombia.

Since 2019 Ecopetrol had undertaken the search for a new world-class operator ally for these blocks, after the previous operator ceded its stake.

The agreement signed by Ecopetrol and Shell is subject to the respective approvals by the National Hydrocarbons Agency and other transaction conditions of this nature.
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[not my real name] 10/2/2020 10:53

montyhedge,

That's your opinion and you're fully entitled to it. My point is purely around the repetition!

As it happens, I don't agree with you on the buy backs. The board made the decision and I have faith in them to do whatever THEY think is in the shareholders best interests. They have looked after me quite well in the last 20 years or so and they certainly know more about the long term future of the world oil industry than I will ever know. That is why I invested in them in the first place.

If you don't agree, sell up and move your money to somewhere more akin to your investment criteria.

It's all quite simple really.

NMRN

[montyhedge] 10/2/2020 10:49

Now oil below $50, seems the only two things holding this price up, buybacks and income boys wanting the dividend.

[montyhedge] 10/2/2020 10:46

Lol, well thats 7 posters you have not been on here before.You must agree buybacks are a waste of money, especially borrowing to do it, they should have paid a special dividend.

[not my real name] 10/2/2020 10:43

montyhedge,

You told me there were only 6 posters on here so why do you feel the need to post the same unsubstantiated drivel, 10 times a day, for days on end?

I think we've all read it by now!

NMRN

[montyhedge] 10/2/2020 10:20

Personally I think after ex div, still some buying for the dividend, then capitulation down to 1775p.Out of favour with fund managers it seems.

[xxxxxy] 10/2/2020 09:03

Ian WilsonPosted February 10, 2020 at 5:48 am | PermalinkThe real question is whether CO2 is a threat at all. In prehistory CO2 levels were 10 – 20 times those of today without untoward effect – no runaway warming and even ice ages at those concentrations.Laboratory studies, confirmed by satellite observations, show the modest rise in the gas over recent years is boosting world food output by 14%. Isn't this cause for celebration rather than to be fought against?

[xxxxxy] 10/2/2020 09:01

Campaigning against carbon dioxideBy JOHNREDWOOD | Published: FEBRUARY 10, 2020The UK has many campaigners against carbon dioxide who worry about levels of man made gas being put into the atmosphere. I suggest today to them that the UK has been one of the most successful countries at getting its CO2 emissions down. They should now divert their energies to cutting CO 2 in places putting out much more and not cutting in the way the UK has.They should start with China. China adds around  around 30 times more CO2 to the atmosphere each year  than the UK. It also puts out considerably more per head. At around 30% of world new CO2 output it is surely the place to start, as its output is still increasing.If that is too difficult then surely they could turn their talents to changing the EU. After our departure they account for around 8 times our output with a higher output per head. They still mine and burn a lot of coal, which we have stopped doing,Germany in particular needs attention. At more than double our CO2 output there could be quick wins. They might also like to campaign about the German motor industry which is still based around fossil fuels for most of its output.Clearly it is much easier and cheaper to cut CO2 output in a country like China where there are quick wins and easy changes the UK has already made. It should also be welcome to the EU if we offer them advice on how we got to much lower levels per head than them, as their whole new economic and regulatory policy is based around CO2 reduction.

[poikka] 10/2/2020 08:54

Bound to have, Holts, as always when corps get really big.

H&S especially with regard to BP and Shell: necessary for the front line, but when it extends to offices, with rules for negotiating stairs; moving cups of coffee, and training for taxi drivers - and that's just a small example of H&S waste - well, you can see where cuts can be made there and elsewhere.

Yup, they waste investors' money and no doubt always will.

[holts] 10/2/2020 08:44

Has Shell got the same fat within that BP had ? I do not believe it was so much more efficient or less asset rich than BP , certainly it is fighting the headwinds .

[montyhedge] 10/2/2020 08:04

Even buybacks these are weak.

[waldron] 10/2/2020 07:25

European markets set to open lower as coronavirus crisis continues to weigh
Published Mon, Feb 10 202012:48 AM EST
Chloe Taylor
@ChloeTaylor141



Key Points

China’s National Health Commission said Monday that the death toll from the coronavirus outbreak had reached 908 in mainland China.

China released its January inflation data on Monday, with its producer price index up 0.1% and consumer prices rising 5.4% year-on-year.

[xxxxxy] 09/2/2020 16:18

MOMENTUM is BADLabour is BAD

[xxxxxy] 09/2/2020 16:17

frank davidson9 Feb 2020 10:39AMCommentators should remember electricity generated from coal. U.K. 5%; Germany 50%; USA 25% and China 75%. UK is good.

[xxxxxy] 09/2/2020 16:05

Ian WilsonPosted February 5, 2020 at 5:52 am | PermalinkI truly despair at the zero carbon legislation. How many forests will be felled for biofuel production for aviation alone? How many more of our car factories will close because the capital investment in electric vehicles in the UK is not viable? How much has it already contributed to closing Honda Swindon and Ford Bridgend?How will the zero carbon electricity be generated when there is a winter anticyclone like the one two weeks ago with wind and solar producing just 3% of our electricity at times?All this is to meet a probably non-existent problem. If CO2 is such a menace why wasn't there runaway warming when CO2 levels were 10 or 20 times as high, indeed there were ice ages.? There is actually evidence that as part of natural cycle climate may have started COOLING. It's madness.

[xxxxxy] 09/2/2020 15:59

Glyn CharlesworthPosted February 7, 2020 at 7:56 am | PermalinkThe government's proposed policy on the banning of petrol, diesel and hybrid vehicles will I believe prove to be an embarrassment. The policy is both unworkable and, more importantly, suggests, uncomfortably, that the Government is prepared to make sweeping statements of policy without undertaking the analysis to ensure itself that those policies are sensible. This augurs ill for the future of the government's policies on health, education, the infrastructure and the constitution.Presently there are about 32 million cars in the UK and only a few percent are electric. If we assume that a minimum of 10 million cars are all electric by 2035 and each has an energy capacity of about 25 kWh and requires charging overnight using a 4kW charger for 8 hours then this would require about 40GW of power overnight.Demand on the UK electricity system is currently about 42GW – i.e., slightly more than would be required to charge 10 million cars overnight.Currently about 50% of supply comes from fossil fuels. 7% or so comes from coal which is to be phased out completely, by 2024. 45% or more comes from natural gas – the supply of which is in decline and by 2035 is forecast to be at less than half of today's level.About 20% of supply comes from nuclear (14%) and biomass (6%). Nuclear supply is being reduced and only one is being built. Build time for nuclear plant is circa 10 to 15 years.Renewable energy provides about another 20% of supply (which requires 95%back-up from non-renewable installations); 9% is solar, 9% wind and 2% hydroelectric. Solar is not available at night, wind is not always available and is unpredictable.About 5% of supply comes from other countries, (e.g. Norway and France).Without a crash building of four nuclear power plants starting now it will not be possible for 10 million electric vehicles to be re-charged.The proposed ban on the installation of gas and oil domestic heating from 2025 will make the shortfall even greater as the proposed alternatives are all electricity intensive. The prospect that commercial vehicles will also be required to be electric will further exacerbate the problem.But even without the proposed ban on non-electric vehicles there does not appear to be any policy in place that will guarantee that electricity supply does not become precarious before 2035. The improbability of what is supposed is only increased when the costs are considered.

[keith95] 09/2/2020 15:52

"Where did the water come from."

Where did the Hydrogen come from?

"This is typical SUBURBAN nonsense."

Automated planting of crops, automated picking of crops .... "how it works" has been the question asked in machine intelligence for 70 year and more.

Generate electricity, feed the machines.


The challenge for the wider population is to stay ahead of developments in machine intelligence, or else it becomes redundant.

[xxxxxy] 09/2/2020 10:01

Coronavirus considerations. How will this pan out.htTps://www.google.com/amp/s/www.nytimes.com/2020/02/09/world/asia/coronavirus-china.amp.html

[ariane] 09/2/2020 09:06

ONE HAS TO LOVE HORSE COUNTRY