Shell Share Discussion Threads

[xxxxxy] 23/5/2021 08:18

?John Redwood@johnredwood·45mBefore telling us all to rip out our gas boilers government needs to tell us if and when Green hydrogen will be available in our homes. They also need to ask where all the electricity will come from if people are made to buy heat pumps.

[waldron] 21/5/2021 07:37

European markets set for cautiously higher open with economic data in focus

Published Fri, May 21 20211:52 AM EDTUpdated 36 Min Ago

Elliot Smith
@ElliotSmithCNBC


Key Points

Investors will be monitoring a slew of May’s flash PMI (purchasing managers’ index) readings out of the euro zone and the U.K. on Friday morning.

Earnings on Friday come from Nationwide Building Society and Richemont.

European markets are set for a modestly higher open Friday after Wall Street snapped a three-day losing streak, with attention turning to key economic data from the euro zone and U.K.

Britain’s FTSE 100 is seen just 3 points higher at 7,023, Germany’s DAX is set to climb by around 18 points to 15,388 and France’s CAC 40 is expected to add around 17 points to 6,361, according to IG data.

[pander45] 20/5/2021 19:01

This is massively undervalued imho.

[xxxxxy] 20/5/2021 16:04

George Herraghty20 May 2021 2:13PMSo, an exponential increase in toxic mining will save the Planet?Unobtanium. The utter delusion of Wind, Solar and electric cars ---https://www.youtube.com/wat...12LikeReplyOrson Carte20 May 2021 2:30PM@George HerraghtyAlways worth a look:https://www.youtube.com/watch?v=Zk11vI-7czE&ab_channel=MichaelMoore... Daily Telegraph

[spacecake] 20/5/2021 13:35

Looks like the virtue-signalling dream is catching on ...



National Grid joins forces with RWE to target US offshore wind.

Big Oil might well get stuck with stranded assets.

[xxxxxy] 20/5/2021 13:10

John Jackson20 May 2021 11:55AMNet Zero is not a religion, it is a cult.Your comment about the low cost of desert solar in Saudi sums up the problem: most industrial and population centres are a long way from the desert. Wind energy is an expensive, virtue-signalling dream that still requires vast numbers of base-load power stations running to cover the long periods of inadequate wind (unless, like ER, you want to go back to cave - dwelling).12LikeReplyNight Owl20 May 2021 11:54AMIt sounds like the IEA is now as reliable as the WHO.... Daily Telegraph

[waldron] 20/5/2021 12:08

Royal Dutch Shell PLC said Thursday it has agreed to sell its 45% stake in the Malampaya gas field offshore Philippines to Udenna Corp. for up to $460 million.

The Anglo-Dutch energy major said it has signed an agreement to sell Shell Philippines Exploration B.V., which holds the 45% interest in the producing Malampaya field.

Shell will be paid a base consideration of $380 million, plus up to $80 million between 2022 and 2024 subject to asset performance and commodity prices.

The sale is expected to be completed by the end of 2021.

"Today's announcement is consistent with Shell's efforts to shift our Upstream portfolio to one that is focused on nine core positions," Shell's Upstream director Wael Sawan said.

Udenna --a holding company for the interests of Philippines businessman Dennis Uy-- already owns a 45% interest in the Malampaya license, with the remaining 10% owned by the Philippine National Oil Company Exploration Corp.

Shares in Shell at 0935 GMT were down 14.8 pence, or 1.1%, at 1,310.0 pence.



Write to Jaime Llinares Taboada at [e-mail]; @JaimeLlinaresT



(END) Dow Jones Newswires

May 20, 2021 05:56 ET (09:56 GMT)

[waldron] 20/5/2021 06:36

European markets set for higher open, unmoved by crypto plunge and Fed taper talk

Published Thu, May 20 20211:07 AM EDT

Holly Ellyatt
@HollyEllyatt


Key Points

European stocks are expected to open higher on Thursday, dodging concerns over sharp declines in bitcoin and the U.S. Federal Reserve’s hints that it could taper its asset purchase programs sooner rather than later.

London’s FTSE is seen opening 51 points higher at 6,987, Germany’s DAX up 60 points at 15,185, France’s CAC 40 up 19 points at 6,278 and Italy’s FTSE MIB 74 points higher at 24,322, according to IG.

[spacecake] 19/5/2021 11:50

IEA says - Energy groups must stop new oil and gas projects from this year to reach net zero by 2050.



I suspect the only way to get the change that's needed is to introduce change in the boardroom, the alternative is governments getting involved. It's going to be tough finding a chairman and CEO that can move Shell away from the oil & gas sector and into an alternative energy sector.

[spacecake] 19/5/2021 07:26

I guess the next discussion around the speed of the energy transition will move to the COP26 meeting in Glasgow in a few months time. Both BP and Shell are a drag on the global transition. Both companies need to speed up the process or face more criticism in the media from activists and more pressure from governments.

There will be a time in the near future when oil & gas exploration licenses are drastically reduced.

[waldron] 19/5/2021 07:13

European markets set to plunge at open, following global stocks lower

Published Wed, May 19 20211:09 AM EDT

Holly Ellyatt
@HollyEllyatt

Key Points

European stocks are expected to open sharply lower on Wednesday, following a global dip in stocks Tuesday.


London’s FTSE is seen opening 63 points lower at 6,980, Germany’s DAX down 148 points at 15,258, France’s CAC 40 down 60 points at 6,308 and Italy’s FTSE MIB 220 points lower at 24,427, according to IG.

[sarkasm] 18/5/2021 20:03

Biden to waive sanctions on firm in charge of Nord Stream 2 - Axios
May 18, 2021 2:56 PM ETPublic Joint Stock Company Gazprom (OGZPY)By: Carl Surran, SA News Editor

The U.S. will waive sanctions on the corporate entity and CEO overseeing the construction of the Nord Stream 2 pipeline, which would indicate that the Biden administration is not willing to rupture its relationship with Germany over the pipeline, Axios reports.
The State Department soon will send its mandatory 90-day report to Congress listing entities involved in Nord Stream 2 that deserve sanctions, but it will call for sanctions only against a handful of Russian ships, according to the report.
The Gazprom-led (OTCPK:OGZPY) project includes western partners Royal Dutch Shell (RDS.A, RDS.B), BASF's (OTCQX:BASFY) Wintershall, Uniper (OTC:UNPPY), OMV (OTCPK:OMVJF) and Engie (OTCPK:ENGIY).
The pipeline could be finished by late summer without a major intervention to stop it; Germany's federal maritime regulator just issued a ruling allowing work on the project to proceed in German waters.

[xxxxxy] 18/5/2021 18:38

Virtue Signalling.Governments becoming irresponsible. And as thick as two short planks.

[xxxxxy] 18/5/2021 11:36

Roger Lowes18 May 2021 10:38AMAs always the basic assumption is that there is man made climate change - the data throughout the world on all issues does not support the assumption. I look forward to the lights going out - not.5LikeReplydavid hinson18 May 2021 11:15AM@Roger LowesVirtually every scientist in the World disagrees with you.1LikeReplyJames Percival18 May 2021 11:33AM@david hinson @Roger Lowes No they don't. The ones that agree a fully paid up members of the climate change industry. Read the new book by Greepeaces' founder, Patrick Moore. He compleletely surgically debunks the whole thing. ... Daily Telegraph

[xxxxxy] 18/5/2021 11:10

Woke Science = Non-Science.Woke Science is blinkered, blinded by Belief and utterly irresponsible.

[planit2] 18/5/2021 09:02

"The age of oil and gas exploration is already over and no new fields will need to be developed if the world succeeds in bringing global warming under control" -IEA

Incredible sentence, has a religious belief and tone behind it. The IEA has been infiltrated by the same people that are plaguing the media.

That is a huge 'if' after the statement and the last bit has a huge line of interconnected assumptions.

It is completely irresponsible to not have anything in reserve, people will starve if anything in their plan doesn't go 150% (yes, their projections need more than 100% to get to target as wishful thinking is added to their dreams). I assume governments and others look to the IEA for accurate information.

[waldron] 18/5/2021 07:35

European stocks set for positive open, defying market gloom elsewhere

Published Tue, May 18 20211:11 AM EDTUpdated 38 Min Ago

Holly Ellyatt

@HollyEllyatt


Key Points

European stocks are expected to open higher on Tuesday, defying gloomier sentiment seen among global markets at the start of the trading week.

Britain’s FTSE is seen opening 51 points higher at 7,087, Germany’s DAX up 80 points at 15,487, France’s CAC 40 up 39 points at 6,403 and Italy’s FTSE MIB 224 points higher at 24,845, according to IG.