Shell Share Discussion Threads

[m_k_hubbert] 15/7/2017 16:19

Electricity for EV's has to be generated and if estimate of 266m EV's by 2040 is correct it's most likely that gas will play a big part in generating the extra electricity required (along with renewable energy, nuclear etc.). A lot of extra electricity will be needed, especially as remote generation leads to transmission losses which, together with the additional energy conversion steps, mean that EV's actually use more energy that burning fossil fuel directly in vehicles.
Shell has been moving away from oil in favour of gas for some time and CEO stated last year that 'Shell is more a gas company than an oil company'.

As far as the trend to EV's is concerned, maybe Shell's acquisition of BG was an opportunistic move.

[waldron] 15/7/2017 09:10

Electric Cars Are Officially Keeping the Oil Industry up at Night
By Matt Posky on July 14, 2017

oil

Even though electric vehicles still only account for a sliver of the global market, Big Oil is beginning to take them seriously as a long-term threat to the industry. While preserving a finite resource is still probably the way to go, oil companies are accustomed to making money and have now begun revising their forecasts to account for accelerated EV adoption.

Companies like Exxon Mobil and BP are ratcheting up their outlooks for the technology, anticipating slowing oil demand, while OPEC has quintupled its forecast for sales of EVs in the coming years.

Those vehicles should account for a reduced oil demand of roughly 8 million annual barrels by 2040. According to Bloomberg, that’s more than the current combined production of Iran and Iraq.

“The number of EVs on the road will have major implications for automakers, oil companies, electric utilities and others,” Colin McKerracher, head of advanced-transport analysis at Bloomberg New Energy Finance, wrote to clients. “There is significant disagreement on how fast adoption will be, and views are changing quickly.”

So quickly, in fact, that OPEC now believes EVs will account for almost a quarter of the global market in under 24 years. That’s 266 million vehicles, up from a scant 46 million it anticipated just a year ago.

If you’re wondering what’s causing the shifting projections from oil companies, it’s the newly concentrated effort from major manufacturers to incorporate electrification into their fleets.

Tesla is beginning production of the more-mainstream Model 3 this summer, Volvo is planning to place an electric motor in all of its vehicles within two years, Mercedes is shifting toward mild hybrids, Volkswagen is promising to be a cleaner, greener company by bringing more electrics to market, and nearly every company is coming out with a new EV as they simultaneously scale down the size of their internal combustion engines. That’s in addition to a growing network of charging stations and governments pushing for more aggressive emission regulations. It’s all working toward an increasingly electric and less oil-driven future.

[la forge] 14/7/2017 08:56

The 2017 interim dividend timetable is also available on www.shell.com/dividend
2nd quarter 2017
Event Date
Announcement date July 27, 2017
Ex-dividend date RDS A ADSs and RDS B ADSs August 9, 2017
Ex-dividend date RDS A and RDS B shares August 10, 2017
Record date August 11, 2017
Scrip reference share price announcement date August 17, 2017
Closing of scrip election and currency election (See Note) August 25, 2017
Pounds sterling and euro equivalents announcement date September 4, 2017
Payment date September 18, 2017

[waldron] 12/7/2017 17:29

First quarter 2017 results
27 Jul 2017

[waldron] 12/7/2017 17:28

Offshore staff

GREAT YARMOUTH, UK – Veolia and Peterson have accepted the first offshore structure into their Great Yarmouth decommissioning facility.

Shell’s decommissioned Leman BH platform accommodation block has arrived at Veolia/Peterson̵7;s new decommissioning complex at Great Yarmouth on the English east coast.

The supporting 50-m (164-ft) high steel jacket should follow soon after being removed from its location 50 km (31 mi) from the Norfolk coast in the UK southern North Sea. The platform had previously housed personnel working on the Leman BT and Leman BK platforms.

Boskalis is responsible for offshore removal and transport operations. Shell is targeting a 97% recycling and re-use rate.

Veola/Peterson’;s site will handle deconstruction and recycling of both structures, comprising around 1,600 metric tons (1,763 tons) of materials and equipment.

It can provide decontamination, waste management and associated integrated logistics, marine and quayside services. To date the venture has recovered over 80,000 metric tons (88,185 tons) of offshore materials.

07/12/2017

[grupo] 11/7/2017 19:08

Shell Aggressively Investing in New Energies Division
Move comes as renewable power, electric cars gain in popularity.
July 11, 2017, 02:10 pm

LONDON — One major oil company is investing heavily in new energy platforms as the fuels industry continues to evolve.

Royal Dutch Shell plc will spend as much as $1 billion a year on its New Energies division as renewable power and electric cars gain in popularity with consumers, according to The Boston Globe.

"In some parts of the world we are beginning to see battery electric cars starting to gain consumer acceptance" while wind and solar costs are falling fast, Shell CEO Ben Van Beurden said in a speech in Istanbul, Turkey, on July 10.

"All of this is good news for the world and must accelerate," while still offering opportunities for producers of fossil fuels, he added.

According to the report, Shell sees opportunities in hydrogen fuel-cells, liquefied natural gas, and next-generation biofuels for air travel, shipping and heavy freight.

Van Beurden spoke at the World Petroleum Congress, a gathering of ministers and chief executives from some of the largest oil producers, at a time when the accelerating shift to clean energy is raising questions about their long-term business models.

While other attendees explained that oil and gas will remain dominant for the next few decades, Van Beurden highlighted the potential for some of the fastest-growing nations to leapfrog straight to a cleaner energy mix.

"When you consider the areas of the world where energy demand is still to expand, like Asia and sub-Saharan Africa, there is a huge opportunity," Van Beurden said. "These are areas that are not, on the whole, locked in to a coal-driven system. There is the potential for them to shift more directly onto a less energy-intensive pathway to development."

There is often too much focus on energy-transition policies in Europe and North America instead of the fast-growing developing world, he added.

Based in the Netherlands, Royal Dutch Shell is a global group of energy and petrochemical companies with operations in more than 70 countries. Houston-based Shell Oil Co. is an affiliate of the company.

[petewy] 05/7/2017 09:04

Thanks ARIANE for your response.

[the grumpy old men] 04/7/2017 18:12

Climate change poses one of the biggest long-term risks to the global economy and companies, including big oil and gas firms such as Shell, have to be open about how the risks will affect them, its chief executive said on Tuesday.

Shell, one of the biggest oil and gas producing firms in the world, is under growing pressure from some shareholders to improve its carbon footprint and sustainability credentials.

Shell said it assesses climate change risks internally but it has so far not disclosed in detail what financial impact climate-related risks could have.

A think-tank estimated last month that energy companies could be wasting more than $2 trillion (£1.5 trillion) by 2025 on projects that will not be needed if governments' carbon-reduction targets are met.

"It is right that it should be transparent which companies are truly on firm foundations over the long-term," Shell CEO Ben van Beurden wrote in a post on social media platform LinkedIn. Shell's press office confirmed its veracity.

Last week, Shell signed up to a G20 task-force working on a framework to improve the ability to assess and price climate-related risks.

Van Beurden said Shell will help the task-force determine a way to disclose commercially sensitive data.

(Reporting by Karolin Schaps, editing by David Evans)

[ariane] 29/6/2017 17:49

29/06/2017 | 11:36
As part of a sectoral note devoted to oil companies, Credit Suisse confirmed its preference, among the 'super-majors', for Royal Dutch Shell. The '' outperformance '' ('outperformance') on the 'A' stock is therefore maintained, as is the price target of 2,500 pence and the 'focus list stock'.

Analysts note that Shell has aligned three robust consecutive quarters, exceeding consensus expectations as well as the performance of the main comparable value, the US ExxonMobil. "It will be interesting to see if the company is able to keep pace in the second quarter of 2017," says a research note for half-yearly results.

Credit Suisse adds that the merger with BG Group has 'repositioned Shell down the cost curve' of deposits. The new group is also exposed to more diversified assets, both in terms of timing and profitability. On the liquefied natural gas (LNG) side, the position that Shell has built is considered to be 'superior to that of comparable values'.

Credit Suisse finally says that in the worst possible scenarios, its target value price is at 2,040 pence, virtually the current price. In the best case, the target would be 3,065 pence

[m_k_hubbert] 29/6/2017 17:42

I use HL and dividend payments have always been prompt in my experience - Shell dividend credited around 1000h 26-06. Slightly higher commission than some but worth the extra as I never have to chase them re divis.

[ariane] 29/6/2017 16:46

SOME ALWAYS SEEM TO GET DIVI PAY ONE DAY LATE

[ariane] 29/6/2017 16:44

Shell's Prelude Floating LNG Plant Leaves South Korea for Australian Waters
29/06/2017 12:26pm
Dow Jones News

Shell A (LSE:RDSA)
Intraday Stock Chart

Today : Thursday 29 June 2017
Click Here for more Shell A Charts.

By Robb M. Stewart


MELBOURNE, Australia--Royal Dutch Shell PLC's (RDSA) massive floating gas-export vessel, the biggest of its kind, has left its South Korean shipyard for natural-gas fields off Australia's northwest coast.

The Prelude floating liquefied natural gas plant will slowly make its way to where it will join a number of other big LNG ventures dotted around Australia that have positioned the country to overtake Qatar as the world's biggest exporter of the fuel in the coming years. Tens of billions of dollars have been invested by international and local energy companies in recent years, betting on rising demand for cleaner-burning energy in Asia.

Prelude left the yard in South Korea early Thursday, being towed toward Australia to eventually be chained to the ocean floor, Shell said. The journey marks a major milestone for the project, setting it up to begin producing LNG for customers globally and cash flow for Shell from next year, it added.

Prelude is the flagship project for the emergence of floating LNG, and more complex and versatile than other floating projects, said Saul Kavonic, an analyst at Wood Mackenzie in Western Australia.

"The sail away of the world's largest man-made floating structure is a major milestone for Shell, Australia and the LNG industry," he said.

Mr. Kavonic said commissioning of Prelude is likely to take a further nine to 12 months, with the first cargo of fuel likely by mid-2018.

Although floating LNG plants are expected by industry analysts to remain niche compared with traditional onshore plants, 2017 has been already been a big year for the technology. In early April, Malaysia's state oil firm, Petroliam Nasional Bhd., or Petronas, loaded the first cargo onto a ship from its new 1.2-million-tons-a-year PFLNG Satu floating operation in the Kanowit gas field off Sarawak. And in June, Italy's ENI SpA kicked off its Coral South floating LNG project in Mozambique.

But in 2016, Woodside Petroleum Ltd. (WPL.AU) and partners including Shell shelved plans for the Browse floating LNG project in response to the slump in oil prices.

Shell made the decision to invest in the Prelude project just over six years ago, and began construction in late 2012. The keel was laid the following May, as assembly of the hull in a dry dock was begun ahead of the turret and topside being fitted at Samsung Heavy Industry's Geoje shipyard in South Korea.

The floating gas plant is 1,601 feet long, equivalent to more than four soccer fields, and weighs about 600,000 metric tons, displacing six times as much water as the largest aircraft carrier, according to Shell's plans.

Despite its massive size, it is about one-quarter the scale of an equivalent plant on land, with technology adapted for a floating environment and components stacked vertically.

When positioned in the Browse Basin, about 300 miles from the coast of Western Australia, the vessel will be moored to four chains held to the sea floor. According to Shell, it has been designed to withstand severe weather, with thrusters able to steady it during production and offloading.

The facility will be able to produce 3.6 million tons of LNG a year, plus volumes of other liquid fuels. Up to 140 people will be on the vessel during normal operations, although that would double during heavy maintenance periods.



Write to Robb M. Stewart at [e-mail]



(END) Dow Jones Newswires

June 29, 2017 07:11 ET (11:11 GMT)

[petewy] 29/6/2017 09:46

My dividend was paid in on June 27th. I rang the broker on the 27th (yday) and they said they hadn't sorted out payments. (???)
Anyone explain this.

[maywillow] 26/6/2017 11:14

Dividend Payment date June 26, 2017

[the grumpy old men] 24/6/2017 10:40

Running Out of Time to Reduce Stockpiles in 2017, Statoil Says
By Giacomo Tognini
and Sheela Tobben
23 June 2017, 22:22 CEST

Oil prices will recover but unclear when, says chief economist
OPEC cuts unlikely to correct market under current conditions

The oil market is running out of time for crude inventories to show a significant drop in 2017, according to Statoil ASA’s chief economist.

When it comes, though, the correction "will be relatively rapid," said Eirik Waerness in an interview at Bloomberg headquarters in New York.

Analysts have been surprised by the intransigence of global oil stockpiles, according to Waerness. That’s because the focus has been mostly on U.S. shale, missing the "flow of oil from projects that were decided back in 2010” and now are coming online. Production is even increasing in the North Sea, where analysts expected a decline, he said.

This makes it more difficult for OPEC to increase prices, according to Waerness.

"At some point, impact from an ebbing flow of projects will slow down," he said. "Patience is the name of the game. Current prices are unsustainably low. Producers are not making enough to cover production cost."

West Texas Intermediate, the U.S. benchmark, closed at $43.01 a barrel on Friday. Prices in New York have declined 19.8 percent this year, dropping more than 20 percent below the 2017 high on Wednesday to slip into a bear market amid an ongoing supply glut. Drillers added rigs to the shale patch for a record 23rd straight week, according to Baker Hughes Inc. data reported Friday.

Unlike the International Energy Agency, Statoil expects oil demand to peak in 2030 under its central scenario. That is too late to meet the temperature target outlined in the Paris Climate agreement.

"Peak oil has to happen extremely rapidly, by 2022, or we won’t reach that target," said Waerness.

Before it's here, it's on the Bloomberg Terminal.

[waldron] 23/6/2017 11:45

broker ratings
Royal Dutch Shell Plc 21.4% Potential Upside Indicated by Credit Suisse

Posted by: Amilia Stone 23rd June 2017

Royal Dutch Shell Plc using EPIC/TICKER code (LON:RDSA) has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘OUTPERFORM217; today by analysts at Credit Suisse. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. Credit Suisse have set their target price at 2500 GBX on its stock. This would imply the analyst believes there is now a potential upside of 21.4% from the opening price of 2058.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 59.5 points and decreased 17 points respectively. The 1 year high share price is 2295.5 GBX while the 52 week low for the share price is 1752.5 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 2,105.20 GBX and a 200 Day Moving Average share price is recorded at 2,111.70. There are currently 9,841,074,800 shares in issue with the average daily volume traded being 6,179,707. Market capitalisation for LON:RDSA is £202,184,881,766 GBP.

[waldron] 10/6/2017 09:09

Announcement date July 27, 2017

Ex-dividend date RDS A ADSs and RDS B ADSs August 9, 2017

Ex-dividend date RDS A and RDS B shares August 10, 2017

Record date August 11, 2017

Scrip reference share price announcement date August 17, 2017

Closing of scrip election and currency election (See Note) August 25, 2017

Pounds sterling and euro equivalents announcement date September 4, 2017

Payment date September 18, 2017