Shell Share Discussion Threads

[xxxxxy] 26/8/2024 10:17

In a bid to bolster energy security, New Zealand intends to pass legislation by the end of 2024 to reverse a ban on offshore oil and gas exploration that has been in place since 2018, the government said on Monday.The cabinet has committed to act with urgency to reverse the ban and remove regulatory barriers to the construction of critically needed facilities to import Liquefied Natural Gas (LNG) as a stopgap.OilPrice.com

[xxxxxy] 23/8/2024 16:45

Ofgem has announced this morning energy bills are to rise by £149 a year from October as it raises the price cap to £1,717. A 10% hike...Starmer may have outlasted Truss on the number of days held in office, though this is something he's sure to not be celebrating. Especially as Starmer was so quick to slam the Tories in 2022 when the cap rose, "devastating" people across the country. And as usual promising the land of milk and honey with Labour's much-publicised "fully costed plan to freeze energy bills". Another U-Turn there...Labour issued a panicked 1,334-word "Political Briefing" press release this morning pointing the finger squarely at the Tories, (despite the energy cap actually being lowered in the last few months of Sunak's government). Ed Miliband took to X to blast the "toxic legacy" they left behind. It's worth noting that during the election Miliband banged on about Labour policies saving households £300 a year. He's been told from above to drop that promise now...Order order

[geckotheglorious] 22/8/2024 14:14

KKclimber

Liverpool Pathway or Midazolamtastic?

[xxxxxy] 22/8/2024 12:20

Andy RoadKingFord are taking a £1.5Bn hit you say?Nearly every car manufacturer is rowing back from EVs and massive losses, except the heavily subsidised Trojan Horse Chinese manufacturers.Net Zero is hitting the hard cliff face of reality.Next we need to get Greta Miliband sectioned before he does anymore damage....Daily Telegraph

[xxxxxy] 22/8/2024 12:17

Ford has unveiled a £1.5bn hit from its decision to cancel a new electric SUV as it says motorists are unwilling to pay higher prices to switch away from petrol and diesel.The Detroit powerhouse said on Wednesday it was watering down its electric car plans by focusing increasingly on its hybrid range as it seeks to appeal to cost-conscious buyers....Daily Telegraph...Hybrid, just the figleaf...Synthetic fuel, but that requires proper nuclear power.

[kkclimber56] 22/8/2024 09:14

Euthenasia is already a shoo in. NHS has guaranteed that.

[netcurtains] 22/8/2024 06:50

f56: I thought only rich people lose the payment?
I guess rich people get cold too.
I assumed (possibly incorrectly) that rich people might use a bit of their own money to heat their house..

[f56] 21/8/2024 20:49

I suppose it’s a choice that the Government has to make between cutting the winter payment allowance and euthanasia.

[philanderer] 20/8/2024 09:06

Market open

In the FTSE 100 index, oil majors BP and Shell were trading at the bottom of the index, falling 1.7% and 1.5%, respectively.

Brent oil was quoted at USD76.96 a barrel early in London on Tuesday, down from USD79.33 late Monday.


ii.co.uk

[spud] 20/8/2024 08:21

I suspect it has something to do with the evolving Middle East Peace talks.spud

[kkclimber56] 20/8/2024 07:41

Whats behind todays drop?Has Milliband said something?

[kkclimber56] 20/8/2024 07:37

Dan Brown's latest book was based on releasing an airborne virus that was highly infectious and spread around the world in a few days and made a high proportion of males infertile without anyone realising what had happened until it had happened. Not good for ponzi pension schemes though but then neither is global warming

[netcurtains] 19/8/2024 07:39

I thought the movie Kingsmen had the right answer get rid of 90% of mankind by reducing the birth rate to net zero for about a decade or so......

[xxxxxy] 19/8/2024 07:26

Stand corrected.

[xxxxxy] 19/8/2024 07:26

J Hodson1 day agoThe solution is simple once you examine the facts:Worst case scenario humans have contributed 12% of the 0.014% *increase* in CO2 emissions over the last 200 years (from 0.028% to 0.04%).Of the 0.014% increase the UK has contributed 5%, that is 0.00072%.The government will spend £1,200,000,000,000, or £40,000 per household, or £18,000 per person, to half emissions, that is down to 0.00036%.By itself (and the UK will be) this will bring global temperature down by 0.0000054°c.Which isn't worth bankrupting the nation for. So stop it you ridiculous little man. Stop the entire Net Zero scam which India and China have no intention of complying with, other than as a means of bankrupting the west.Daily Telegraph.

[drectly] 18/8/2024 13:24

probably 60,000 per day, you would think even if you are writing about something you know little about, you would at least do a quick sanity check. Probably moving on to be Ed's new energy consultant.

[sawney] 18/8/2024 13:14

600,000 barrels a day....Mmmm...:-)))

[xxxxxy] 18/8/2024 10:56

One of the North Sea's biggest gas producers is threatening to end investment in Britain because the tax regime has become too unstable to support offshore energy producers.Serica Energy, which produces 5pc of the UK's gas supply and around 600,000 barrels of oil a day, is preparing to shift future investment to Norway instead...Daily Telegraph

[xxxxxy] 17/8/2024 11:40

In April, the Treasury is set to clobber hundreds of thousands of EV drivers with a £600 tax rise, while civil servants are pushing for a contentious "pay-per-mile" road scheme to be adopted in the long run. The squeeze comes against an already-difficult backdrop. This month, industry figures revealed that EV sales had grown by just 10pc in the first seven months of 2024 – down from growth of 38pc over the same period last year. Car makers are being forced to discount heavily to shift vehicles – often at a loss – with the Society of Motor Manufacturers and Traders (SMMT) urging ministers to revitalise demand by cutting taxes rather than raising them.Reeves' raid risks spooking consumers further, according to Felipe Munoz, a global automotive analyst at JATO Dynamics."Many drivers have been attracted to EVs by the benefits – such as not paying for gasoline – and the lower taxes," he says. "But the advantages keep getting smaller. And if they're not there anymore, there's a risk you'll see even slower growth rates for EVs in the UK."These measures are not going to help – they're going to make the situation even worse."...Daily Telegraph

[the white house] 15/8/2024 18:49

Down three ha'pence, as Stanley would say, is not too shabby given 22.7p divvi on its travels and s 10m share seller just completed.As an aside this is the first broker to buy the 'same' amount every day thus far. Same 1.6m shares. Every day. (This does occur regularly with other firms buybacks of lower amounts) The last dozen previous Qs with differing brokers have seen an underspend on up days saving a stash to help support on bigger down days. No idea the best strategy, but likely more volatile this as more up on up days and more down on down days, but end result similar?

[xxxxxy] 13/8/2024 15:27

This government must be aware surely. Alchemists tried and conned but could not make gold from base metal.