Shell Share Discussion Threads

[hopefuldave] 21/4/2018 14:14

Thank you.just hoping to make a little profit in time.

[sarkasm] 21/4/2018 13:48

lol

only you can give answer to your question

is it tax and cost efficient

is it for possible capital gain or income

from here you might well make 6pc over the next month

but as always

it shell b in the the laps of the gods and trump

at present all looking very positive

have a great weekend

[hopefuldave] 21/4/2018 13:36

I've only bought 50 shares, is it worth it?

[sarkasm] 21/4/2018 11:27

u2 fj

cheers

[fjgooner] 21/4/2018 11:20

BTW The video is worth watching.

Really looking forward to great results next week for Q1 and, even more so, in 14 weeks time for Q2 which is now running at nearly a $70.50 average.

All the best for a nice weekend,

FJ

----------------------

Former Shell Oil CEO John Hofmeister on the outlook for oil prices.


President Trump on Friday slammed OPEC on Twitter for creating “artificially high” oil prices and said the efforts would “not be accepted.”

But former Shell Oil president John Hofmeister disagreed with the president’s stance.

“I don’t think he has a good grasp that the glut of oil has essentially disappeared,” Hofmeister told FOX Business’ Stuart Varney on “Varney & Co.” on Friday.

According to Hofmeister world oil demand from strong economies and OPEC production cuts are creating spikes.

“That’s a perfect recipe for higher prices,” he said.

Hofmeister added prices would continue to rise as the year progresses.

[waldron] 21/4/2018 06:38

TRUMP TRADE TWEETS

[petepitstop] 20/4/2018 16:45

2 years and he will be out of office.

[2hoggy] 20/4/2018 16:04

No its the ace card,we have been trumped..

[waldron] 20/4/2018 15:34

THE WORDS TWIT TWEET TRUMP COME TO MIND EQUALLYING UTTER DESPAIR

[waldron] 20/4/2018 14:06

WHAT A DIFFERENCE A TRUMP MAKES

[waldron] 20/4/2018 12:57

Total
50.73 +0.85%



Engie
14.16 +0.50%

Orange
14.755 +1.69%


BP
516.3 -0.04%


Shell A
2,502.5 +0.74%



Shell B
2,548 +0.51%


FTSE 100
7,360.85 +0.44%
Dow Jones
24,664.89 +0.00%
CAC 40
5,414.43 +0.42%


Brent Crude Oil NYMEX 73.14 -0.62%
Gasoline NYMEX 2.07 -0.37%
Natural Gas NYMEX 2.67 -0.22%

[sarkasm] 19/4/2018 21:56

Shell and Toyota move forward with hydrogen facility at Port of Long Beach

California Energy Commission indicates $8 mln grant to hydrogen fueling project
Shell Oil Company Logo. (PRNewsFoto/Shell Oil Company)

News provided by
Shell

16:00 ET

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SAN FRANCISCO, April 19, 2018 /PRNewswire/ -- Equilon Enterprises LLC, doing business as Shell Oil Products US ("Shell"), and Toyota have been provisionally awarded $8 million by the California Energy Commission (CEC) to develop the first hydrogen-truck refueling station at the Port of Long Beach.

The funding, which is contingent upon the approval of the project at an upcoming CEC meeting, forms part of the CEC's Alternative and Renewable Fuel and Vehicle Technology Program, which helps develop hydrogen and electric infrastructure at ports, warehousing and distribution centers in California.

Shell and Toyota expect the facility to encourage the use of zero-emission hydrogen fuel cell electric trucks in and around Long Beach, one of the world's largest freight hubs.

"This station will help the hydrogen-fueled freight sector to flourish in California," said Oliver Bishop, Hydrogen General Manager at Shell. "Hydrogen offers a promising path for decarbonizing transport, particularly the heavy-duty sector where there are few alternatives to conventional fuel. Shell and Toyota will combine their expertise to deliver an effective alternative fuel for Californian freight."

If approved, Shell will build, own and operate a hydrogen station at the Toyota Logistics Services location at the Port of Long Beach, fueling Toyota's Project Portal heavy-duty fuel cell proof of concept truck and public fleets.

"We greatly appreciate the CEC for recognizing the importance of this breakthrough project at the Ports of Long Beach and Los Angeles," said Craig Scott, Director Advanced Technology Vehicles, Toyota Motor North America. "Toyota continues to demonstrate that fuel cells are one of the most innovative and sustainable technologies for light and heavy-duty vehicle electrification. This initiative with Shell further strengthens our combined commitment to hydrogen as a viable transport fuel and complements our retail station project in Northern California."

Shell will source its hydrogen from Toyota's adjacent Tri-Gen facility, which produces hydrogen from 100% renewable biogas.

The Notice of Proposed Award was issued on April 6. For more information see: hxxp://www.energy.ca.gov/contracts/GFO-17-603_NOPA.pdf

About Shell
Shell is an integrated energy and petrochemicals company, with an average of 86,000 employees in more than 70 countries. Shell aims to meet the world's growing demand for energy in ways that are economically, environmentally and socially responsible.

Shell is investing in the development of alternative transport fuels including biofuels, liquefied natural gas (LNG), hydrogen and electric mobility.

Shell is taking part in various initiatives to encourage the adoption of hydrogen as a transport fuel. In California, Shell is working alongside Toyota and Honda to expand the hydrogen refueling network. We currently operate two hydrogen fueling stations in Southern California, with seven more planned throughout the state to help push California closer to its goal of 200 hydrogen stations by 2025.

In Germany, Shell is working with the government and industry partners in a cross-sector joint venture, H2 Mobility Germany, to support the development of a nationwide expansion of hydrogen refueling stations.

About Toyota
Toyota (NYSE: TM) has been a part of the cultural fabric in the U.S. and North America for 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands. During that time, Toyota has created a tremendous value chain as our teams have contributed to world-class design, engineering, and assembly of more than 36 million cars and trucks in North America, where we operate 14 manufacturing plants (10 in the U.S.) and directly employ more than 47,000 people (more than 37,000 in the U.S.). Our 1,800 North American dealerships (nearly 1,500 in the U.S.) sold more than 2.7 million cars and trucks (2.4 million in the U.S.) in 2017 – and about 87 percent of all Toyota vehicles sold over the past 15 years are still on the road today.

Toyota partners with community, civic, academic, and governmental organizations to address our society's most pressing mobility challenges. We share company resources and extensive know-how to support non-profits to help expand their ability to assist more people move more places. For more information about Toyota, visit www.toyotanewsroom.com.

[ariane] 19/4/2018 14:25

The U.K. Just Went 55 Hours Without Using Coal for the First Time in History
By Jesper Starn
and Lars Paulsson
19 avril 2018 à 12:56 UTC+2



Coal, which fueled the world’s biggest economies for more than a century, is increasingly losing out to renewables.

[ariane] 19/4/2018 14:05

Oil extends rally before OPEC meeting after U.S. stockpiles fall
By Alex Longley on 4/19/2018

LONDON (Bloomberg) -- Oil rallied above $69/bbl after a surprise drop in U.S. inventories added to signs the market is in balance before a key OPEC meeting.

Futures in New York rose as much as 1.2% after gaining 2.9% in the previous session. Focus is now shifting to whether OPEC and its allies will signal an extension of supply cuts at their meeting on Friday in Saudi Arabia. Total U.S. inventories of crude and fuel dropped below their five-year average for the first time since 2014, government data showed Wednesday.

At the gathering in the Saudi city of Jeddah, OPEC and Russia will discuss prolonging their cooperation, including new inventory targets that extend their output cuts beyond this year. The group’s goal of reducing global stockpiles to their five-year average is nearly reached, according to people with knowledge of the data. The meeting will play out against a backdrop of geopolitical tensions that have lifted prices and risk encouraging more U.S. supply.

“It would be foolish to go against the trend at the moment given how bullish the market has turned,” said Warren Patterson, commodities strategist at ING Groep. “The market will remain supported for the next couple of days with the meeting in Jeddah. What will be interesting is if they do readjust their target, in terms of changing from a five-year average.”

WTI for May delivery climbed as much as $0.80 to $69.27/bbl on the New York Mercantile Exchange, and traded at $68.81 in London. The contract climbed $1.95 to $68.47 on Wednesday. Total volume traded was 30% above the 100-day average.

Brent for June settlement added $0.48 to $73.96/bbl on the London-based ICE Futures Europe exchange. The global benchmark crude traded at a $5.10 premium to June WTI.

Futures for September delivery climbed 2.5% to 440.6 yuan/bbl on the Shanghai International Energy Exchange. The contract rose 0.5% to close at 429.7 yuan on Wednesday. Open interest in the contract rose to 7,314 lots in the previous session, the highest since its debut last month.

In the U.S., total inventories of crude and refined products, excluding strategic petroleum reserves, fell by 10.6 MMbbl last week to the lowest level since March 2015, according to Energy Information Administration data. American crude stockpiles slid by about 1 MMbbl, versus forecasts for a 650,000-bbl gain.

The EIA data also had another surprise. U.S. gasoline demand surged to a record high of 9.9 MMbbl a day before the summer driving season when consumption typically peaks. Stockpiles of gasoline fell by almost 3 MMbbl, compared with a 450,000-bbl increase expected in a Bloomberg survey.

Oil Market News

The beginning of summer may herald the end of a boom for the fuel that underpinned crude’s rally into a bull market last year. Global markets for equities, currencies and metals have all been whipsawed by the uncertainty over what President Donald Trump’s next geopolitical move would be. Oil’s about to have a turn.

[ariane] 19/4/2018 13:52

Looking for a push from the results to 2625 before a falling away back towards 2350

all exciting stuff

[sogoesit] 19/4/2018 10:08

Of course "electrification" does not mean reduced demand for fossil fuels. In fact it could be the converse.
(Not to mention the probably higher intensity 'carbon footprint' associated with the production of all things "electric". Electric being a misnomer for battery).

Like the OPEC "cheating" on production, fossil fuel consumption could also be displaced to "lesser observing climate change conditions'" countries when they ramp up manufacturing to sell back products to the halo-wearing APGW believers.

Am I a cynic... or.... am I a cynic?