Shell Share Discussion Threads

[waldron] 26/5/2018 19:27

Lovely EJ

Feel as though i am there with you

CARRY ON ENJOYING

Here in rural France its like that most days

I ORIGINATED FROM THE COTSWOLDS BUT LIVED IN LONDON,KENT AND HAMPSHIRE

DID NOT VENTURE MANY TIMES BEYOND WATFORD GAP AS MY YORKSHIRE FRIENDS WOULD SAY

SPENT MORE YEARS ABROAD THOUGH

Wheres your domaine,sounds real goooooood

HAVE A GREAT WEEKEND
WISH YOU MANY OAKS AND RED SQUIRRELS

Off to feed and water the birds and hedgehogs

[grupo guitarlumber] 26/5/2018 08:41

IBADAN, Nigeria--Royal Dutch Shell PLC's (RDSA.LN) Nigerian unit has shut down oil production from its Trans Ramos Pipeline in the swamps of the western Niger Delta, in southern Nigeria, due to leaks.

Bamidele Odugbesan, a spokesman of the Shell Petroleum Development Company, said in a statement on Friday that the company has confirmed four leak points on the pipeline and identified the impacted areas.

"As soon as the leaks were noticed on April 24, SPDC immediately shut down production, deployed containment booms and mobilized its oil spill response teams to clean the sites," Mr. Odugbesan said.

These measures, which Mr. Odugbesan said are SPDC's "standard operating procedures," successfully stopped and contained the spill. He did not say the volume of crude oil that had been lost since the shutdown a month ago.

Mr. Odugbesan said the cause of the leaks is yet to be determined as SPDC is said to be working on further site preparation and mobilization of specialized equipment to the swamps for safe excavation of the pipeline for inspection.

However, a Joint Investigation Visit team comprising security and regulatory agencies as well as community representatives and SPDC personnel was deployed in the sites, he added.

The JIV is expected to return to the sites as soon as possible to complete the investigation process, according to Mr. Odugbesan.

The Trans Ramos pipeline transports crude oil from Shell's southern swamp area to the Forcados export terminal for processing, Mr. Bamidele said.

Nigeria, Africa's largest crude-oil exporter relies on the commodity for over 90% of its foreign exchange earnings and about 70% of government revenue, according to the International Monetary Fund.

A disruption to oil production is bound to negatively affect the country's stuttering economy that recently came out of recession largely due to the fall in crude prices. Oil prices are now rising and Nigeria needs all the dollars it can get for its economic-development programs.



Write to Obafemi Oredein at [e-mail]



(END) Dow Jones Newswires

May 25, 2018 11:33 ET (15:33 GMT)

[waldron] 26/5/2018 07:48

DIVI


Pounds sterling and euro equivalents announcement date June 4, 2018
Payment date June 18, 2018


PENCILLING IN A SUBSTANTIAL RISE FOR THE WEEK COMMENCING THE 18th june

[waldron] 26/5/2018 07:18

CHEERS FJ

NICE POST, CHUCKLE

MY POST,JUST A LIGHT HEARTED PLAY ON WORDS

MUST ADMIT PLEASED ABOUT THE PULL BACK SO I TOO CAN STOCK UP ON OILIES FOR THE
LONG TERM. WILL BUY NEXT WEEK AS MENTIONED BY THE CHIEF AS WELL

ENJOY YOUR WEEKEND ONE AND ALL

SUNNY AND WARM HERE BUT SRORMS SHELL B ACOMIN

TAKE CARE

[chiefbrody] 25/5/2018 23:46

Indeed. Div buyback soon as well. 10% odd drop in the share price isnt a problem for long termers. Few more extra shares purchased next week. :-)

[fjgooner] 25/5/2018 23:27

@Waldron

Why is this bad?

<<NICE>>
We know that our share buyback program is about to kick in - so hoovering up ultra cheap shares is surely better than buying up more expensive ones later on?

<<WE DON'T NEED MUCH>>
Crude averaging $60 is all that is required for Shell to post their mega-results for 2020 as we all know. The current 2018 Q2 average is $74.30 as of tonight. No further analysis is needed to know that that is great.

<<KARMA>>;
So don't stress on low share prices right now - that is actually quite handy - we'll likely be way above £30 by late summer. I hope that we get as many cheap shares bought back as possible before 2018 Q2 results push our share price annoyingly higher.

<<PERONSALLY A SLIGHT IDIOT, BUT NOT REALLY>>
I have been adding further allocations of RDSB to my portfolio over the last week at prices including to my SIPP at over £28.40 - but these will seem a bargain by as soon as later this year.

<<BUFFOONERY&gt;>
I have to laugh at the Saudis though. They allow a spokesperson to blurt "we may loosen production curbs a little" in 2018 H2, and all of a sudden, it costs the Saudi state a loss of hundreds of millions per month.

<<NEXT>>
Those of us lucky enough to own RDSB shares have a superb future income profile.

Have a great weekend all,

FJ
:)

[waldron] 25/5/2018 17:54

Total
51.06 -1.45

Engie
13.95 -1.45%

Orange
14.935 -0.37%


FTSE 100
7,730.28 +0.18%
Dow Jones
24,769.78 -0.17%
CAC 40
5,542.55 -0.11%


Brent Crude Oil NYMEX 76.00 -3.53%
Gasoline NYMEX 2.17 -2.62%
Natural Gas NYMEX 2.96 -0.34%


BP
555.1 -2.01%


Shell A
2,559 -1.50%


Shell B
2,639.5 -1.40%

NOT GOOD FRIDAY BUT BAD FRIDAY

WE END THE WEEK IN THE 2575 to 2675p BOX

NEXT WEEK IS ANOTHER WEEK

AND A GREAT BUYING OPPORTUNITY

[waldron] 25/5/2018 17:48

Shell Nigeria Shuts Down Trans Ramos Pipeline Oil Production Due to Leaks
25/05/2018 4:48pm
Dow Jones News

Shell A (LSE:RDSA)
Intraday Stock Chart

Today : Friday 25 May 2018
Click Here for more Shell A Charts.

By Obafemi Oredein
Special to Dow Jones Newswires


IBADAN, Nigeria--Royal Dutch Shell PLC's (RDSA.LN) Nigerian unit has shut down oil production from its Trans Ramos Pipeline in the swamps of the western Niger Delta, in southern Nigeria, due to leaks.

Bamidele Odugbesan, a spokesman of the Shell Petroleum Development Company, said in a statement on Friday that the company has confirmed four leak points on the pipeline and identified the impacted areas.

"As soon as the leaks were noticed on April 24, SPDC immediately shut down production, deployed containment booms and mobilized its oil spill response teams to clean the sites," Mr. Odugbesan said.

These measures, which Mr. Odugbesan said are SPDC's "standard operating procedures," successfully stopped and contained the spill. He did not say the volume of crude oil that had been lost since the shutdown a month ago.

Mr. Odugbesan said the cause of the leaks is yet to be determined as SPDC is said to be working on further site preparation and mobilization of specialized equipment to the swamps for safe excavation of the pipeline for inspection.

However, a Joint Investigation Visit team comprising security and regulatory agencies as well as community representatives and SPDC personnel was deployed in the sites, he added.

The JIV is expected to return to the sites as soon as possible to complete the investigation process, according to Mr. Odugbesan.

The Trans Ramos pipeline transports crude oil from Shell's southern swamp area to the Forcados export terminal for processing, Mr. Bamidele said.

Nigeria, Africa's largest crude-oil exporter relies on the commodity for over 90% of its foreign exchange earnings and about 70% of government revenue, according to the International Monetary Fund.

A disruption to oil production is bound to negatively affect the country's stuttering economy that recently came out of recession largely due to the fall in crude prices. Oil prices are now rising and Nigeria needs all the dollars it can get for its economic-development programs.



Write to Obafemi Oredein at [e-mail]



(END) Dow Jones Newswires

May 25, 2018 11:33 ET (15:33 GMT)

[maywillow] 25/5/2018 15:10

Judge Demands More Information from Oil Companies in Climate-Change Suits
24/05/2018 11:47pm
Dow Jones News

Shell B (LSE:RDSB)
Intraday Stock Chart

Today : Friday 25 May 2018
Click Here for more Shell B Charts.

By Alejandro Lazo and Miguel Bustillo

SAN FRANCISCO -- A federal judge on Thursday said he needed more information before deciding whether to dismiss lawsuits by San Francisco and Oakland alleging that five of the world's largest oil companies should pay to protect the cities' residents from the impacts of climate change.

U.S. District Judge William Alsup asked the oil companies and the cities to narrow their arguments regarding the merits of the suit. The judge also asked the companies to produce additional material backing up claims by some that they shouldn't be a part of the case because the court lacked jurisdiction over them.

The suits allege that the companies -- Exxon Mobil Corp., Chevron Corp., Royal Dutch Shell PLC, BP PLC and ConocoPhillips -- created a public nuisance by producing fossil fuels they knew would result in harmful emissions.

San Francisco and Oakland are seeking to force the companies to pay for infrastructure, such as sea walls, that they expect to need due to rising sea levels and other changes linked to warming global temperatures. The cities haven't specified how much they are seeking, but have said the costs could run into the billions of dollars.

Several other U.S. cities and counties have filed similar lawsuits targeting oil companies, including New York City, King County, Wash., and Boulder, Colo. So far, none of the lawsuits has advanced to trial, and Thursday's hearing means it will be months before a judge decides whether the San Francisco and Oakland case warrants a trial.

Lawyers for the oil companies have sought to dismiss the suits by San Francisco and Oakland, arguing among other things that they were premised on an overreaching interpretation of public-nuisance law. They also have argued that Congress has given the Environmental Protection Agency the authority to regulate pollution effects under the Clean Air Act, and that the cases impinged on the agency's powers.

During the three-hour hearing, Judge Alsup cited the beneficial role oil and gas production had played in the development of the U.S. But he also said he remained open to the idea that, given society continues to reap the benefits of that activity, some damages may have to be paid considering the potential harm of climate change. He asked both sides to explore the matter further in separate briefs.

"You lived through the same period I did, and you understand how dependent our nation has been on oil," said the judge, addressing an attorney representing the cities.

Theodore Boutrous of Gibson, Dunn & Crutcher LLP, a lawyer representing Chevron, argued the cities were asking the court to create "a new regime to regulate oil and gas production around the U.S. and around the world."

"That is, to say the least, a big ask," Mr. Boutrous said.

The two sides have argued over the relative importance of a case that provides the closest parallel to what the cities are alleging. The case, known as AEP v. Connecticut, involved a coalition of states that sought to compel coal-burning electric utilities to reduce greenhouse-gas emissions, arguing they were a public nuisance.

That case reached the U.S. Supreme Court, which ruled in a 8-0 decision in 2011 that the utility companies couldn't be sued under federal common law because the Clean Air Act gave the authority over greenhouse-gas emissions to the EPA.

"The law of nuisance has been around forever and it has responded to changes," Steve Berman, an attorney representing Oakland and San Francisco, said during Thursday's hearing. "We are not doing something that is as novel as the defense claims."

Lawyers for the oil companies earlier persuaded Judge Alsup that the San Francisco and Oakland cases, filed last year in state court, belonged in federal court.

The Trump administration earlier this month filed a friend-of-the-court brief siding with the oil companies seeking to dismiss the San Francisco and Oakland cases. Three states -- California, New Jersey and Washington -- have filed briefs siding with the cities, while 15 states, including Indiana, Texas and Colorado, have filed briefs siding with the oil companies.



(END) Dow Jones Newswires

May 24, 2018 18:32 ET (22:32 GMT)

[sarkasm] 25/5/2018 13:43

Shell sole bidder in Brazil oil auction

RIO DE JANEIRO, May 25, 2018 – Super-major Shell is the only company that will participate in a May 30 tender for oil produced from Brazil’s pre-salt layer, international media reported Thursday.

The oil on auction will come from three offshore fields: Sapinhoa field in the Campos Basin and the Libra and Lula fields in the Santos Basin.

Earlier this week, Brazilian lawmakers approved a presidential decree that authorises state-run pre-salt contract manager Pre-Sal Petróleo to sell a share of the government’s oil and gas. The decree will now have to be approved by President Michel Temer.

[marmar80] 25/5/2018 07:33

Morning All. Do you know about companies / investors what or who are currently looking to buy undervalued oil producers? Please pm their contact details. Thx

[ps0u3165] 25/5/2018 06:45

Shell has made a large deepwater exploration discovery in the U.S. Gulf of Mexico, just 13 miles from its Appomattox project that is expected to start production by the end of 2019, the oil major said on Thursday.

The Dover discovery is Shell’s sixth in the Norphlet geologic play in the U.S. Gulf of Mexico, and is considered an attractive potential tieback due to its proximity to Appomattox.

[waldron] 24/5/2018 18:12

Total
51.81 -1.20%


Engie
14.155 -0.88%

Orange
14.99 +0.30%


FTSE 100
7,716.74 -0.92%
Dow Jones
24,753.13 -0.54%
CAC 40
5,548.45 -0.31%

Brent Crude Oil NYMEX 79.19 -0.64%
Gasoline NYMEX 2.24 -0.62%
Natural Gas NYMEX 2.97 +0.24%



BP
566.5 -1.82%


Shell A
2,598 -1.89%

Shell B
2,677 -2.25%


oil well tomorrows another day

[grupo guitarlumber] 24/5/2018 16:09

Royal Dutch Shell PLC (RDSB.LN) said on Thursday that its subsidiary, Shell Offshore Inc., has made a large deepwater exploration discovery in the Norphlet geologic play group of oil fields, with its 100% owned Dover well.

The oil-and-gas company said that the Dover discovery is its sixth in the Norphlet play, located in the U.S. Gulf of Mexico, and is located around 13 miles from its Appomattox host platform.

Shell's major deep-water hubs are expected to produce in excess of 900,000 barrels of oil equivalent per day by 2020 from already discovered, established areas, the company said.

Shell said that its Appomattox platform has now arrived on location in the Gulf of Mexico and is expected to start production before the end of 2019.



Write to Oliver Griffin at [e-mail]



(END) Dow Jones Newswires

May 24, 2018 10:19 ET (14:19 GMT)

[fjgooner] 24/5/2018 09:20

Shell : Barclays raises price target to 3250p from 3050p