Shell Share Discussion Threads

[waldron] 07/3/2019 07:43

European stocks seen lower amid trade uncertainty; ECB decision due

In Europe, there is also strong focus on politics. The Italian government said it is looking to join the Chinese Belt and Road initiative and the future of Brexit is still uncertain.
As trade talks between the world's largest economies continue, there's fresh tensions regarding Huawei.

Silvia Amaro | @Silvia_Amaro
Published 42 Mins Ago CNBC.com










European shares are poised to open lower Thursday taking cue from Asia and Wall Street.

The FTSE 100 is seen off by 35 points at 7,161; the DAX 30 is seen down by 41 points at 11,546; and the CAC 40 is set to start lower by 13 points at 5,275; according to IG.

Investors are taking a cautious approach as they wait for further details on a possible trade agreement between China and the U.S. As a result, Asian stocks traded mostly lower on Thursday.

[waldron] 06/3/2019 17:27

FTSE 100
7,196 +0.17%
Dow Jones
25,658.6 -0.57%
CAC 40
5,288.81 -0.16%


Brent Crude Oil NYMEX 65.73 -0.20%
Gasoline NYMEX 1.78 +0.55%
Natural Gas NYMEX 2.82 -2.12%

(WTI) - 06/03 18:04:00
55.91 USD -0.39%


Eni
15.28 +0.63%



Total
51.02 +0.33%

Engie
13.115 -0.46%

Orange
13.26 -0.75%


BP
538 -0.06%

Shell A
2,375 +0.13%


Shell B
2,387 +0.00%

[the grumpy old men] 06/3/2019 13:59

06 Mar 2019 | 11:51 UTC London

Shell still evaluating viability of Nebras petrochemicals complex in Iraq

Author Maria Tsay Editor Jonathan Fox Commodity Petrochemicals

London — Shell is still in the process of evaluating the viability of the Nebras petrochemicals complex in Iraq together with the country's Ministry of Industry and Minerals and the Ministry of Oil, according to the company's spokesman.
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In January 2015, Shell signed a deal with the government of Iraq worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra.

The project was designed to produce 1.8 million mt/year of various petrochemicals and would be Iraq's first major petrochemicals project since the early 1990s. In April 2015 a company spokesperson said the project was expected to use naphtha as a feedstock.

Last year it emerged that the Iraqi oil ministry was holding talks with Saudi petrochemicals company Sabic to enter the partnership; however, there has been no update on the progress of these talks since then.

Iraq has three petrochemical complexes -- Khor al-Zubair in the south, Musayeb near Baghdad and at the Baiji refinery complex in the north -- all operated by State Company for Petrochemical Industries.

-- Maria Tsay, [e-mail]

-- Edited by Jonathan Fox, [e-mail]

[waldron] 06/3/2019 07:22

European markets seen lower as investors watch US-China trade relations

Investors awaited details on negotiations between Washington and Beijing. U.S. Secretary of State Mike Pompeo said Monday he thought Washington and Beijing were "on the cusp" of reaching a deal.
There is also a strong focus on the Chinese economy, after Beijing lowered its growth target for 2019.

Silvia Amaro | @Silvia_Amaro
Published 21 Mins Ago

[fjgooner] 05/3/2019 19:30

I meant to note earlier in the analysts' consensus estimates above, the dramatic 51% improvement in EPS - in part operationally driven, in part buyback driven as seen in the consensus estimate of reduction in weighted average number of shares from 8097M in 2019 to 7163M in 2022.

CCS earnings per share excluding identified items - Consensus FY2019E - 2.64, FY2020E - 3.06, FY2021E - 3.28, FY2022E - 3.99

That's pretty huge. :)

[waldron] 05/3/2019 17:33

FTSE 100
7,183.43 +0.69%
Dow Jones
25,827.6 +0.03%
CAC 40
5,297.52 +0.21%


Gold COMEX 1,283.90 -0.28%
Silver COMEX 15.22 +0.11%
Copper COMEX 2.93 +0.79%
Brent Crude Oil NYMEX 65.52 -0.23%
Gasoline NYMEX 1.76 +0.64%
Natural Gas NYMEX 2.87 +0.28%


Total
50.85 +0.95%


Engie
13.175 -0.19%

Orange
13.36 +0.34%


Eni
15.184 +0.49%




BP
538.3 +0.41%

Shell A
2,372 +0.85%


Shell B
2,387 +0.87%

[fjgooner] 05/3/2019 16:16

Royal Dutch Shell plc analysts' consensus estimates
Last update on 27/02/2019

[sarkasm] 05/3/2019 14:56

NEW YORK (Agefi-Dow Jones) - Chevron plans to significantly increase production in the Permian Basin in the United States, the latest indication that the new era of shale oil development should be dominated by oil majors .


Over the next five years, Chevron expects to double production in the Permian Basin in Texas and New Mexico to 900,000 barrels of oil equivalent per day, the group said on Tuesday. investors. This represents an increase of nearly 40% compared to its previous forecast.


"In shale, size matters now," Chevron Chief Executive Officer Mike Wirth said in an interview with the Wall Street Journal. "It is not the one who starts the fastest that wins the race, but the one who builds the most powerful machine gradually," he added.


Exxon Mobil is expected to present the same growth projects in the region at an investor meeting on Wednesday. The group recently added 1.2 billion barrels of oil equivalent to its total reserves, relying in particular on optimistic drilling projects in the Permian basin. BP, Royal Dutch Shell and Occidental Petroleum are also focusing on this region.


Chevron also indicated that it would maintain its annual investment of $ 18 billion to $ 20 billion this year and in 2020, and that this range would increase slightly to $ 19 billion-$ 22 billion over 2021-2023.


Chevron raises its production forecast to 900,000 barrels of oil equivalent per day by 2023. Last year, the group forecast 650,000 barrels per day by 2023. The group increases its production without increasing its number of drilling rigs in operation, which shows how much size can lead to better performance.


-Bradley Olson, The Wall Street Journal ed: LBO


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


March 05, 2019 09:18 ET (14:18 GMT)

[sarkasm] 05/3/2019 07:26

European markets seen lower as politics take center stage

Trade talks between the U.S. and China remain on the radar for investors.
Sources told CNBC Monday that these negotiations are in the "final stages" and a summit at the end of the month in Mar-a-Lago might take place if a deal is reached.

Silvia Amaro | @Silvia_Amaro
Published 22 Mins Ago Updated 8 Mins Ago CNBC.com










Stocks in Europe are poised to open lower Tuesday as investors monitor various political developments across the globe.

The FTSE 100 is seen flat at 7,134; the DAX in set to start lower by 24 points at 11,568; and the CAC 40 in Paris is seen off by 5 points at 5,281; according to IG.

In Asia, stocks were mostly mixed as investors closely monitored the Chinese annual parliamentary meeting where Chinese Premier Li Keqiang said that there will be greater risks ahead for the economy and Beijing must be prepared.

Meanwhile, trade talks between the U.S. and China remain on the radar for investors. Sources told CNBC Monday that these negotiations are in the "final stages" and a summit at the end of the month in Mar-a-Lago might take place if a deal is reached.

In Europe, U.K. and EU negotiators are set to meet in Brussels in an attempt to bridge the gaps ahead of the March 29 departure deadline.

In terms of data, there will be Markit services PMIs in the euro zone at 9 a.m. London time.
Silvia AmaroDigital Reporter, CNBC.com

[waldron] 04/3/2019 17:53

FTSE 100
7,134.39 +0.39%
Dow Jones
25,731.4 -1.13%
CAC 40
5,286.57 +0.41%


Brent Crude Oil NYMEX 65.37 -1.42%
Gasoline NYMEX 1.74 -0.76%
Natural Gas NYMEX 2.84 +1.07%

(WTI) - 04/03 18:08:10
56.16 USD +0.32%


Eni
15.11 +0.48%


Total
50.37 +0.99%

Engie
13.2 -1.05%

Orange
13.315 -0.11%


BP
536.1 +0.58%

Shell A
2,352 +0.06%

Shell B
2,366.5 +0.08%

[ariane] 04/3/2019 14:55

Shell B
2,377.5 +0.55%


Brent Crude Oil NYMEX 66.34 +0.05%

[grupo guitarlumber] 04/3/2019 10:41

Dow futures higher on hopes of a China-US trade deal

Market players are focused on U.S.-China trade developments, amid mixed messages about the progress of talks between Washington and Beijing over the last days.
In the corporate calendar, Salesforce is expected to report after the bell.

Silvia Amaro | @Silvia_Amaro
Published 1 Hour Ago Updated 11 Mins Ago CNBC.com

[sogoesit] 04/3/2019 09:07

A bit frustrating these integrated super majors so I have now gone hunting for some more "volatile" exposure to natural gas.
Found Cheniere, appropriate ticker LNG, recently profitable, and its finance partner Cheniere Energy Partners, ticker CQP; the latter yielding about 5.3%.

My RDSB will be left to sleep, I guess for the next few years or so, seeing no big catalysts in the foreseeable future.

[waldron] 04/3/2019 07:35

European markets set for a strong open on Sino-US trade deal hopes

On Sunday, the Wall Street Journal reported that Beijing was proposing to reduce levies on a number of American products, as part of securing a deal with Washington, which is reportedly close to completion.
With less than a month to go until the U.K. is expected to leave the European Union, all eyes remain transfixed on whether a departure – with or without a deal – will materialize by the March 29 deadline.

Alexandra Gibbs | @alexgibbsy
Published 1 Hour Ago Updated 53 Mins Ago

[waldron] 03/3/2019 07:01

No longer at ease with crude oil thieves
Charles Okonji
March 2, 2019


Concerned about the colossal loss of revenue by the country through oil theft and pipeline vandalism, the organised private sector (OPS) are working round the clock to address this hydra-headed monster by adopting Alternative Crude Evacuation, which will enable the country save over N995.2 billion annually, reports Charles Okonji

To say crude oil theft remains one hard nut to crack is certainly stating the obvious. Truth is, majority of Nigeria’s oil companies have been battling the persistent oil theft and pipeline vandalisation for over 45years, a development which experts say is the consequence of the continued use of the 200km-long Trans Forcados Pipeline in transporting crude oil to the Forcados Oil Terminal (FOT).

[fjgooner] 02/3/2019 11:27

Condolences to anyone affected by a horrendous event, but I wonder why it was leaking.

BTW you missed off the next sentence in that article:

"The Niger Delta is highly polluted. Nigerian oil companies usually assert that the majority of oil spills are caused by sabotage, theft and illegal refining."

Bin.

[adrian j boris] 02/3/2019 11:10

50-plus people missing after pipeline explodes in Nigeria

The Associated Press

March 02, 2019 01:33 AM,

Updated 1 hour 33 minutes ago
WARRI, Nigeria

A local official says more than 50 people are missing after a leaking oil pipeline exploded and caused a stampede in southern Nigeria.

The Nembe Chiefs Council spokesman, Chief Nengi James-Eriworio, tells The Associated Press that the blast early Friday caused massive oil spillage in the Nembe kingdom in Bayelsa state.

The Nembe trunk line is operated by the Port Harcourt-based Aiteo Group and carries crude to the Bonny export terminal. The pipeline is jointly owned by Agip, Oando and Shell Petroleum Development Company.

Aiteo is yet to comment on the explosion. It is not immediately clear if the pipeline has been shut down.

Read more here:

[the white house] 01/3/2019 19:40

US Rig Count 1038 -9 on week