Shell Share Discussion Threads

[fjgooner] 14/6/2015 18:15

Oil investment cuts threaten new price spike

[muffinhead] 14/6/2015 16:33

Interview with General Petraeus on global energy market going forward
from 20mins in

[muffinhead] 13/6/2015 20:08

Crude oil is way down from 2014 highs


Gas prices are worse
BG chart prior to Shell bid was heading a lot lower
The world is awash with natural gas


So without the distraction of BG bid which probably got some city investment bank out of trouble, Shell being down is fundamentally driven by oil price as prior hedging is used up


Exxon Mobil looks like might have a dump in next 6 months as it too catches up with the oil price and that is the oil sector elephant you got to watch



imo

[imperial3] 13/6/2015 17:46

They have not exactly covered themselves with glory with this one.So where is there credibility anyway?

[shaggies_view] 13/6/2015 14:42

Can't see RDSB pulling out of the BG deal - board would have no credibility.

Shaggy

[irnbru2] 12/6/2015 19:40

Sitting on the side lines, when yield is 7 - 7.5%, will have a serious look.

[imperial3] 12/6/2015 19:19

Agree wipo1.The BG deal is ill conceived,and and the resulting dilution does us no favours.To cap it all,the weakness of the hydrocarbon market,will be with us for some quite some considerable time imo.

[eisler] 12/6/2015 18:44

Until Greece situation sorted, no let up. June is going to be a long month! Now expecting 1700-1750 by end of it.

[wipo1] 12/6/2015 16:48

It's time for Shell to pull out bg deal, if it means £700 million hit so be it. LNG market is weak and not worth paying a premium for BG it's diluted the value of Shell.

[redartbmud] 12/6/2015 16:21

The report that Saudi is prepared to turn the taps up isn't helping the Sp.

[imperial3] 12/6/2015 15:56

The Greek situation is fanning uncertainty across the markets,and the BG takeover has added to the decline in the share price,not to mention the oil price.The CEO has to bare the consequences of his actions to shareholders at the next AGM,as lows are being tested,without respite.

[essentialinvestor] 12/6/2015 15:52

It's hardly going to go up with equity markets getting hammered.

[shaggies_view] 12/6/2015 15:52

Whipsaw territory on the daily chart. Needs a close above 1890p or the trap door to 1750p is open and in play. At this point I am neutral.

Shaggy

[smith99] 12/6/2015 15:28

FTSE's looking weak, Oils looking week, Mining stocks are weak, Gold is weak. Hmmm, Me thinks cash is king at the moment. Theres going to be some good bargains to be had in the coming months if things don't change.

[nicksig] 12/6/2015 15:28

Got some more at 1886p

[wad collector] 12/6/2015 13:51

Filter the trolls ; or better still report to advfn.

[irnbru2] 12/6/2015 11:40

Just can not get it the stay under 1900.

[chiragmahe] 11/6/2015 10:35

Shell calls ‘Force-Majeure’ on Ukraine project



Royal Dutch Shell has called a "force-majeure" on a shale gas exploration project involving a vast field in eastern Ukraine close to where government forces have for more than a year battled Russian-backed separatists.

Sources familiar with the situation said Ukraine's government received a "Notice of Withdrawal" from Shell on a project that they had hoped could raise up to $10bn of investment and further diversify gas imports away from Russia, Roman Olearchyk reports from Kiev.

In an emailed statement, Shell said it "has been prevented from performing its commitments under Yuzivska [a production sharing agreement] for an extensive period of time due to Force-Majeure, i.e. circumstances beyond Shell's control."

The company added:

Due to the said events, project implementation conditions have been materially changed. Therefore, we have begun discussions with the Ukrainian government and our partner Nadra Yuzivska LLC on the way forward with the PSA, pursuant to its terms.

Shell continues to hold other upstream and downstream interests in Ukraine.

Its intention to withdraw from the Yuzivska project comes months after US-based Chevron notified Ukrainian officials that it was pulling out of another shale gas exploration project in western regions of the country that was also hyped in prior years as a potential $10bn investment.

Both developments come on the heels of heightened geopolitical risk in Ukraine and a sharp plunge in global oil prices since mid-June last year.

A pullout by both companies from agreements that where hailed as "game-changing" investments when they were inked in 2013 is a major blow to a war-torn and recession-ravaged country that is desperate to lure in fresh investment and diversify away from Russian gas imports.

[wipo1] 11/6/2015 08:49

Wow 90k you're very brave.

[wllmherk] 10/6/2015 21:54

90k invested here and down a lot as bought in at 20.87.......ouch

wllm

[shaggies_view] 10/6/2015 19:05

I have RDSB on a daily BUY. Scaled in long yesterday and will ride this upwave.

Targets (short term) 1955-1960p (intermediate term) 2070-2080p. 1750p target still out there if 1890 region breaks but not a high % play in my work.

Shaggy

[chiragmahe] 10/6/2015 15:30

hey supermarky I have 35k in shell too! Ha! Down 5%

[essentialinvestor] 10/6/2015 13:53

Plunging SP, crude sell off, BG acquisition and yield/income considerations
for many with prevailing ultra low rates of return on cash.