Shell Share Discussion Threads

[craftyale] 29/5/2024 12:04

Your posts always seem to be well timed and accurate. Keep them coming. Good day today.

[adg] 29/5/2024 08:11

Looking promising - sad that bp can’t/won̵7;t follow suit and dump nut-zero pipe dreams

[jrphoenixw2] 29/5/2024 06:44

Thanks Phil, seems like the tide is turning eh.
They've discarded the fig-leaf renewables and back to 'last century' oil and gas. Politically this'll be seen a retrograde, verging on prehistoric and socially evil. But they were already a political target whatever they did. Feels like they're positioning to move their primary listing to the US. I wouldn't blame them: Who moved my cheese, or perhaps Atlas Shrugged?

[philanderer] 28/5/2024 23:27

Shell is preparing to axe staff in its offshore wind business, as chief executive Wael Sawan pursues a move away from renewables.

[the white house] 28/5/2024 20:05

Another 2/3 of Q almost in the bag at a ballpark 85 bucks for Brent. Would need an unlikely 70 av for June for the Q to below 80Another Q of buybacks & debt falling guaranteed. & This time unlikely to hit the wall of selling at 29 we have just seen. I cannot recall 6 days out of 10 over 20m mostly sales to drop us back. Could be that Third Point/Dsn Loeb have exited, they came in with 750m couple years back at 14 or 15 and may have jet the exit of doubling? Anyone have data? Looks like thankfully Brent is stronger again and daily share turnover back to normal levels where the daily relentless buybacks can grind us higher again

[the white house] 28/5/2024 13:38

@ 2777 Back in trading long December

[adg] 28/5/2024 09:47

Joe Public car ownership is being slowly but surely being priced out.
Read Agenda 2030 it makes for very disturbing reading…. It has been under our noses for decades (first iteration was agenda 2020 I think)
hxxps://www.un.org/sustainabledevelopment/development-agenda/
UK’s governments bit

[xxxxxy] 28/5/2024 09:00

In California, you may soon have to pay for every mile you drive. Texas has already brought in an extra registration fee. New South Wales is planning a form of road pricing, while tariffs imposed in the US and soon the EU as well are expected to massively increase the sticker price of every car. Add it all up, and one point is clear. Electric vehicles are about to get a lot more expensive. But hold on. Even by the standards of industrial policy, this is taking things too far. The same governments which have been heavily subsidising battery-powered cars as part of the drive towards a net zero economy are now imposing punitive taxes on them. Surely it is time they made their minds up – or just left it to the market to decide.Across the developed world, the tax raid on electric vehicles has already begun. California, which has been known to lead the rest of the world on such matters, has already fired the starting gun. As the state with the highest number of electric vehicles in the US, it has started a pilot programme to charge motorists for every mile they cover. . Daily Telegraph

[xxxxxy] 26/5/2024 07:40

818...relocate

[xxxxxy] 26/5/2024 07:39

The Climate change fanatics are actually Marxists.

[xxxxxy] 26/5/2024 07:38

I think Shell will remain relocate to the USA.... All quiet for a few weeks... The quiet before the storm.

[xxxxxy] 26/5/2024 07:36

The looming early election threatens the end of the North Sea oil industry, according to experts, with Labour's threat to extend the Government's windfall levy set to hasten the sector's decline.Analysts said a likely victory for Sir Keir Starmer would prompt operators to give up on British waters, meaning some of Britain's biggest oil and gas reserves may never be recovered.... Daily Telegraph

[xxxxxy] 25/5/2024 06:36

John Redwood's DiaryAnyone submitting a comment to this site is giving their permission for it to be published here along with the name and identifiers they have submitted.The moderator reserves the sole right to decide whether to publish or not.Election kicks off with debate about energyMAY 25, 2024 3 COMMENTSThe Uk imports too much energy, making us reliant on the goodwill of foreigners. All parties to the election should renounce the mad carbon accounting which says if you use your own gas you are adding to world CO 2 but if you import the energy you are not. The import model increases world CO 2, costs us lost jobs, means we do not get the large tax revenues on extracting the gas and undermines our energy security.Labour has come under fire from its own side for ruling out new oil and gas fields. I side with the Unions who say it makes sense to create the jobs and extract the energy at home.The idea that setting up a Great British Energy nationalised company would solve our shortages and lower prices  is wrong. If you wanted to do this there would need to be a huge expansion in grid capacity to accommodate the switch to electricity. There would need to be plenty of new back up gas fired power stations for when the wind did not blow, or plant for large scale production of hydrogen to fuel home boilers and vehicles. Our current nationalised industries send huge bills to the taxpayer to cover their losses, legal claims against them and their investment programmes.The Conservatives now say they are net zero realists. They see a need for a rapid roll out of nuclear, a more reliable source of low carbon power. They want more home oil and gas. They need to adjust policies on roll out of EVs, heat pumps and smart meters to reflect consumer choices and realities.Greens and Lib Dems live in a slogan world where a windmill is the answer to every problem and comes with lower bills. Dream on.... John Redwood

[pj84] 24/5/2024 18:10

From the above article: -

"We prefer the European names. They have tended to trade at a sizeable discount to US peers. However, they also usually have more diverse earnings streams and a firmer focus on lower-carbon technologies.

Over time, this could help the rating gap close. But for that to happen, the market still needs to see investments in new energy technologies paying off."

[adg] 24/5/2024 18:08

One of the few politicians I actually have ever had any time for

[geckotheglorious] 24/5/2024 12:19

Now that is a shame...

[adg] 24/5/2024 10:28

John Redwood standing down - announced today
Shame as he is one of the very few who actually understand energy needs for Uk

[xxxxxy] 24/5/2024 07:24

Death ofa Battery....Death of a Salesman.... Look it up

[xxxxxy] 24/5/2024 07:20

Standing charge is a TAX.

[xxxxxy] 24/5/2024 07:20

John Redwood@johnredwoodTime to cut the government policy costs and the high standing charges on energy bills. Our energy policy needs more emphasis on affordability.

[xxxxxy] 24/5/2024 07:19

Batteries have limited life... And these batteries are expensive, and also massive damage to environment and toxic.

[bo90] 22/5/2024 14:40

Because of poor residual values. Hertz and Avis are selling off all their ev cars. But someone who is in it for the long haul will not worry.

[bo90] 22/5/2024 14:38

and your point is?