Shell Share Discussion Threads

[adg] 28/10/2024 20:06

Genuinely hope that Shell and BP both relocate as a well deserved f- you to our atrocious Uk governments

[xxxxxy] 28/10/2024 14:28

Seems to be inevitable....not loved by Labour government....guess wait until US elections done and dusted...my thoughts only.

[xxxxxy] 28/10/2024 14:26

Volkswagen to close at least three factories amid electric car strugglesGerman car giant plans radical shake-up as pressure to cut costs grows  Matt OliverIndustry EditorDaily Telegraph

[philanderer] 28/10/2024 14:16

Shell back in listings spotlight amid fears of New York switch


Shell will this week face questions from investors over its future on London's stock market amid fears it could switch its listing to New York.

Chief executive Wael Sawan sparked speculation earlier this year when he said the FTSE 100 giant was looking at 'all options' as London was an 'undervalued location'.

While no decision is imminent, he will face questions when Shell reports its figures on Thursday.

Shell and BP are valued lower than US competitors ExxonMobil and Chevron, which have doubled down on oil and gas production.

Sawan is hoping his strategy, including share buybacks to reward investors, will bridge the valuation gap.

A Shell spokesman said: 'A change of listing is something we will always keep under review, but this is not a live discussion.'


Mail Business

[adg] 28/10/2024 12:17

And those in the know can close their shorts and go long ready for a second wave after Iran retaliates

[philanderer] 28/10/2024 10:29

Oil prices plunge 6% after Israel’s attack spares Iran’s energy facilities

[spud] 25/10/2024 19:10

Another Millennial looking to lose his/her/gender neutral shirt.

spud

[adg] 25/10/2024 16:50

Dunno - go do some research and maybe tell us

[misoolisland] 25/10/2024 16:01

is this a good share

[the white house] 25/10/2024 15:27

Brent up a buck + is this the weekend for action Vs buybacks break until Thursday resultsTake your pick

[xxxxxy] 21/10/2024 13:25

https://cliscep.com/2024/10/14/the-case-against-net-zero-a-seventh-update/

[xxxxxy] 21/10/2024 13:19

A Labour campaigner's oil and gas company is to sell its North Sea assets after concluding Britain is no longer attractive enough for investment.Deltic Energy, which is chaired by Labour election agent Mark Lappin, said it would switch to pursuing opportunities abroad due to "well-publicised political and fiscal headwinds" at home.In a statement, the company said this would mean focusing on a handful of its most valuable UK assets while halting spending on everything.The changes will result in a 40pc cut to Deltic's operational spending next year, it said....Daily Telegraph

[xxxxxy] 16/10/2024 11:03

Electric car drivers 'being plunged into negative equity' as prices collapseRapid depreciation of vehicles risks hitting forecourt profits as leases leave them exposed 45 Matt Oliver...Daily Telegraph

[xxxxxy] 16/10/2024 10:05

Russia.....Rip Torn18 hrs agoShell needn't worry too much as there's a global glut of oil forecast which'll reduce the value of Putins' oil and by the 2030s we won't need anywhere near so much oil anyway - a double whammy for Putin! In compensation though, I'd recommend that Shell negotiate with the British government for a chunk of Putin and Russia's frozen capital holdings in Britain for a triple whammy. Or is this a too simplistic view?Reply by Charlie Watts.Reply to Rip TornOutside of the west demand will increase, those 80%+ of the worlds population will continue to demand oil and gas for their development. The nut zero virus remains in the west. 

[fuji99] 16/10/2024 08:36

Kremlin launches €1bn raid on Shell:
htTTps://www.msn.com/en-gb/money/other/kremlin-launches-1bn-raid-on-shell/ar-AA1sjcuC?ocid=entnewsntp&pc=U531&cvid=2dabaedf82dd457281968179aa66f709&ei=70

[bargainsniper] 15/10/2024 19:49

Russia is seeking more than €1bn (£833m) in damages from Shell over its decision to quit the country in the wake of Vladimir Putin's invasion of Ukraine.The Russian prosecutor general filed a lawsuit against several Shell entities this month, according to court documents, with a hearing scheduled for Dec 11.It comes amid a legal battle over Shell's withdrawal from the country in 2022, which led to it being hit with a $5bn (£3.8bn) write-down on its assets.

[xxxxxy] 15/10/2024 13:15

11:23AMOil prices on track for steepest fall in a yearOil prices are on track for their sharpest daily drop in a year as the world faces a glut of supplies and amid reports Israel will target Iran's crude facilities.Brent crude, the international benchmark, was last down 5.1pc towards $73 a barrel, which would be its steepest fall since October last year...Daily Telegraph

[daler1966] 15/10/2024 10:13

Wait till Israel bomb Iran oil refineries be a up lift in oil price only matter of time

[xxxxxy] 15/10/2024 09:55

But...is it true?

[xxxxxy] 15/10/2024 09:54

9:36AMOil demand faces 'sharp slowdown', says IEAThe world faces a "sizeable surplus" of oil supply in the new year amid weak demand and surging production, according to the International Energy Agency.Demand for oil faces a "sharp slowdown" from the period immediately after the pandemic as China's economy struggles.The world's second largest economy accounted for about 20pc of global gains in demand both this year and next year, compared to almost 70pc in 2023.Global oil demand is expected to grow by just under 900,000 barrels per day in 2024 and by around 1m barrels per day in 2025, which is significantly lower than the 2m barrels per day seen in 2023.The IEA said that exports from Iran and neighbouring countries have been "unaffected" by the conflict in the Middle East, but admitted the "market remains on tenterhooks, awaiting the next developments in the crisis". It said: "Heightened oil supply security concerns are set against a backdrop of a global market that – as we have been highlighting for some time – looks adequately supplied."It added: "For now, supply keeps flowing, and in the absence of a major disruption, the market is faced with a sizeable surplus in the new year."..Daily Telegraph

[philanderer] 15/10/2024 09:44

Washington Post saying Benjamin Netanyahu has told US they are willing to strike Iranian military targets and not nuclear or oil ones.

[disc0dave46] 15/10/2024 08:04

Take a guess!

[kkclimber56] 15/10/2024 07:21

What is todays drop all about?

[the white house] 14/10/2024 13:50

Surprised we see flat here with oil & infrastructure being confirmed as targets by US intelligence I have added