Shell Share Discussion Threads

[oilretire] 13/4/2019 14:43

Accident, pmsl after re reading :-)

[scobak] 13/4/2019 13:30

I have had to read the last entry twice. Has made me smile. Don't know whether by design or accident. Keep them coming - helps to cope with the more difficult technical posts.

[oilretire] 13/4/2019 10:37

Disappointing afternoon yesterday considering POO held pretty firm

[grupo] 13/4/2019 09:49

U.S. To Slap Even More Sanctions On Venezuela To Kill Off Oil Exports To Cuba
By Julianne Geiger - Apr 12, 2019, 6:00 PM CDT Refineria Cuba

Just a week after the United States levied additional sanctions on Venezuela in an effort to curb its oil exports, the US has again hit shipping companies doing business with Venezuela with even more sanctions aimed at further plugging the holes that allow Venezuela to export crude oil to Cuba.

This go around, the US targeted four shipping companies and nine vessels in its latest attempt to cut off the revenue stream of what the US Department of the Treasury refers to as “the illegitimate regime of former President Nicolas Maduro”.

Those entities include Jennifer Navigation Ltd (Liberia), Lime Shipping Corp (Liberia), Large Range Ltd (Liberia), and PB Tankers S.P.A. (Italy).

“As a result of today’s action, all property and interests in property of these entities, and of any entities that are owned, directly or indirectly, 50 percent or more by the designated entities, that are in the United States or in the possession or control of U.S. persons are blocked “ the Treasury statement read in part.

The move comes after reports surfaced earlier on Friday that Venezuela was still shipping crude oil to ally Cuba in the amount of 1 million barrels just days after the US levied sanctions on Venezuela-to-Cuba oil shipments in what is quickly becoming a weekly Little Dutch Boy event.

The close-knit ties between ideological allies Cuba and Venezuela is proving more complicated that earlier sanctions that targeted shipments from Venezuela to the United States and its allies.

Officially recognized by the United States as the rightful president of Venezuela, Juan Guaido last month said that he had decreed the suspension of crude oil shipments to Cuba, but Maduro is particularly motivated to ship oil to Cuba under a long-standing barter agreement dating back to the Chavez/Castro days that ships oil to Cuba in exchange for highly skilled labor that Cuba possesses.

Venezuela is Cuba’s largest oil supplier, and Cuba one of Venezuela’s few remaining friends.

By Julianne Geiger for Oilprice.com

[skinny] 12/4/2019 11:20

JP Morgan Cazenove Overweight 2529.00 2700.00 2850.00 Reiterates

[florenceorbis] 12/4/2019 09:37

RDSB JP Morgan Cazenove Overweight 2,850.00 Reiterates
RDSA JP Morgan Cazenove Overweight 2,850.00 Reiterates
BP. JP Morgan Cazenove Overweight 625.00 Reiterates

[ps0u3165] 12/4/2019 08:19

Shell has sold its 22.45-percent interest in the Anadarko-operated Caesar-Tonga field in the U.S. section of the Gulf of Mexico to Israeli Delek Group for US$965 million.

Besides the field operator, Delek Group will join Chevron and Equinor as shareholder in the field. Its share in the field’s remaining reserves, according to the Israeli state company, amounts to 78 million barrels of oil equivalent over the 30 years that remain of the field’s productive life.

As part of the deal, the Israeli company will also buy oil produced art the field over a period of 30 years.

[florenceorbis] 12/4/2019 08:10

RDSB JP Morgan Cazenove Overweight 2,850.00 Reiterates
RDSA JP Morgan Cazenove Overweight 2,850.00 Reiterates
BP. JP Morgan Cazenove Overweight 625.00 Reiterates

[waldron] 12/4/2019 07:58

European stocks seen slightly higher amid investor caution over global growth
Published an hour ago Updated 34 min ago
Spriha Srivastava
@spriha




Key Points

The FTSE 100 is seen 15 points higher at 7,432, the CAC is expected to open 5 points higher at 5,490 and the DAX is set to open 8 points higher at 11,943.
Market focus is largely attuned to the start of first-quarter corporate earnings as well as fears over global growth outlook.

European stocks are set to open slightly higher Friday morning, as investors breathe a sigh of relief after a delay to Brexit but continue to remain concerned over global growth.

The FTSE 100 is seen 15 points higher at 7,432, the CAC is expected to open 5 points higher at 5,490 and the DAX is set to open 8 points higher at 11,943.

[sarkasm] 12/4/2019 07:20

May 2, 2019 First quarter 2019 results and first quarter 2019 interim dividend announcement

[steve73] 12/4/2019 05:01

Maybe the recent problems with the 737 Max 8 are intended to put us all off air travel, and so reduce jet fuel consumption....?

(sarcasm)

[the white house] 11/4/2019 19:19

Ludicrous statement from L&G, usage will rise and keep on rising for far longer than all these analysts predict, only in Jan they got China completely wrong on the low side and that was with little foresight required

[lippy4] 11/4/2019 18:45

but cars are only one fifth of oil use as I remember reading,as it is so involved in so many areas of usage,i cannot see this freefall they mention.

I always thought that coal was the largest polluter of the earth,with Germany expanding their dirty brown coal burning since we have reduced ours..

we now are almost coal free and yet the climate change religion wants more.

I would love to know how they take their holidays,heat their homes,and get to work,etc.

of course we never see them leading this carbon free usage as most are hypocrites..

[waldron] 11/4/2019 17:03

FTSE 100
7,417.95 -0.05%
Dow Jones
26,168.62 +0.04%
CAC 40
5,485.72 +0.66%


Brent Crude Oil NYMEX 70.98 -1.05%
Gasoline NYMEX 2.03 -1.79%
Natural Gas NYMEX 2.69 -0.30%


(WTI) - 11/04 17:39:31
63.43 USD -1.40%



Eni
15.924 -0.10%


Total
50.08 -0.58%


Engie
13.375 -1.69%

Orange
14.61 -0.48%


BP
572.6 -0.62%


Shell A
2,486.5 -0.16%


Shell B
2,506 -0.22%

[ariane] 11/4/2019 10:05

RDSB Berenberg Hold 2,600.00 - Reiterates

[la forge] 11/4/2019 08:52

11/04/2019 7:00am
UK Regulatory (RNS & others)


TIDMRDSA TIDMRDSB

London, April 11, 2019

ROYAL DUTCH SHELL PLC

NOTICE OF 2019 ANNUAL GENERAL MEETING

Royal Dutch Shell plc (the "Company") announces that its 2019 Annual General
Meeting ("AGM") will be held at the Circustheater, Circusstraat 4, 2586 CW The
Hague, The Netherlands at 10:00 (Dutch time) on Tuesday May 21, 2019. The
Notice of Annual General Meeting (the "Notice") can be viewed and downloaded
from www.shell.com/agm.

The AGM will be webcast on the day so shareholders unable to attend in person
can still follow proceedings. More information about the webcast arrangements
can be found in the Notice and via the website referred to above.

Included in the 2019 Notice of AGM (in Resolution 22 on page 6) is a resolution
requsitioned by a group of shareholders coordinated by Follow This.

UPDATE SINCE THE SHAREHOLDER RESOLUTION WAS RECEIVED

Shell welcomes the announcement on April 7, 2019 by the Dutch shareholder group
Follow This of its intention to withdraw the shareholder resolution which had
been requisitioned by a group of shareholders coordinated by Follow This and
which is set out in Resolution 22 of the 2019 Notice of AGM. Shell understands
that Follow This is now in the process of collecting the requisite support to
request withdrawal of the shareholder resolution. Shell will ensure that due
procedure is followed ahead of any decision by Shell to propose the withdrawal
of Resolution 22 from the 2019 AGM but at present Resolution 22 remains on the
agenda and shareholders are requested to vote.

The Directors of Royal Dutch Shell plc maintain that Resolution 22 is not in
the best interests of Royal Dutch Shell plc and its shareholders as a whole and
unanimously recommend that shareholders vote against Resolution 22 for the
reasons set out on page 7 of the 2019 Notice of AGM.

We will keep shareholders informed in advance of the AGM on the progress by
Follow This and of any subsequent decisions taken by Shell.

SHAREHOLDER PRESENTATION, LONDON

A presentation has been arranged for shareholders at 11:00 (UK time) on
Thursday May 23, 2019 (two days after the AGM) at Central Hall Westminster,
Storey's Gate, Westminster, London, SW1H 9NH, United Kingdom. The Chair, the
Chief Executive Officer, the Chief Financial Officer and the Company Secretary
will be present.

This presentation is not part of the AGM. Further details can be found in the
Notice of AGM.

NATIONAL STORAGE MECHANISM

In accordance with the Listing Rules, a copy of each of the documents below
will be submitted to the National Storage Mechanism and available for
inspection at: hxxp://www.morningstar.co.uk/uk/nsm.

Annual Report and Form 20-F for the year ended December 31, 2018
Notice of the 2019 Annual General Meeting
Notice of Availability of Shareholder Documents

Proxy Form relating to the 2019 Annual General Meeting

The Annual Report and Form 20-F for the year ended December 31, 2018 can also
be viewed and downloaded from the Company's website: www.shell.com/annualreport
.

Printed copies of the Notice and associated documents will be despatched to
those shareholders who have elected to receive paper communications.

April 11, 2019

Anthony Clarke
Deputy Company Secretary

[la forge] 11/4/2019 08:18

Alliance News

TOP NEWS: Shell Divests Gulf Of Mexico Asset For Nearly USD1 Billion
Thu, 11th Apr 2019 09:00


LONDON (Alliance News) - Oil giant Royal Dutch Shell PLC is to sell its 22% stake in a Gulf of Mexico asset for USD965 million in cash, it said Thursday.

The holding, in the Caesar-Tonga asset in the US part of the Gulf, is being sold to Delek CT Investment LLC, part of Delek Group Ltd.

Delek is an Israeli firm involved in the energy and infrastructure markets.

"This transaction represents our continued focus on strategically positioning our deep-water business for growth and is consistent with our Upstream strategy of pursuing competitive projects that deliver value in the 2020s and beyond," said Upstream Director Andy Brown.

"The sale will contribute to Shell's ongoing divestment programme and allow us to direct resources to the areas where we see the most value in the longer term."

Shell, London's largest listed company by some distance, has been carrying out a significant asset sale programme in the last few years.

In 2018, it sold some USD7.10 billion of assets, compared to USD17.34 billion in 2017, both part of a USD30 billion divestment programme to streamline operations.

In a separate statement Thursday, Shell confirmed shareholder group Follow This is to withdraw its resolution put forward for the company's annual general meeting, to be held in the Hague on May 21.

On Sunday, the Financial Times reported environmental activist shareholder group Follow This is to switch its focus to other companies after deciding Shell has become "an industry leader" in adopting emissions targets.

On Monday, Shell announced a USD300 million investment into projects such as planting forests to help reduce its carbon footprint.

Shell welcomed the withdrawal on Follow This' resolution, stating it was not in the best interests of the firm nor shareholders.

By George Collard; [e-mail]