Shell Share Discussion Threads

[waldron] 09/5/2019 07:40

Europe markets set to open lower as trade fears mount
Elliot Smith | @ElliotSmithCNBC
Published 39 Mins Ago CNBC.com





European stocks are set to open lower Thursday morning as trade tensions between the U.S. and China ratchet up.

The FTSE 100 looks set to open down around 34 points from Wednesday's close at 7,237, while the DAX is down around 32 points at 12,147 and the CAC 40 is around 30 points lower at 5,387.

[lippy4] 08/5/2019 21:11

when you read of the backhanders in Nigeria with the amounts in the billions by the politicians to get to the top job its no wonder that the people in the street never ever see any of the oil money.

corruption is the normal way of doping business,i don't know how a well run western company can operate without breaking normal rules of accepted business..

[spud] 08/5/2019 20:24

Just scamming the white companies for whatever they can get imospud

[fjgooner] 08/5/2019 20:03

Bin all future investment in Nigeria - that place seems to view Shell as a cashpoint machine for them to return to time and again to chance their arm for a free payout.

When will we learn, that place is uninvestable for decent companies that need to adhere to correct corporate governance, including anti-bribery and anti- corruption policies.

By all means run down existing investments or sell on as non-core assets. But no new Shell investments in Nigeria please.

And if OPL 245 is ever taken back, remove 100% of our paid-for infrastructure first and leave it for them to re-develop. Let's see how that goes, eh?

[maywillow] 08/5/2019 19:48

May 8, 2019

The Government of Nigeria has filed an additional lawsuit against supermajor Shell and Italian giant Eni over allegations linked to the controversial OPL 245 oil block deal off Nigeria.

In addition to the ongoing trial in Milan involving the two oil players, the government of the West African country is now seeking to trace and recover billions of dollars it claims it is entitled to.

In documents filed in the High Court in London, Nigeria said it was seeking compensatory damages of $1.1 billion, which constitutes the consideration paid to Malabu Oil & Gas for its surrender and transfer of rights in OPL 245 to the consortium of Shell and Eni.

The Nigerian government is also seeking compensatory damages of $3.5 billion , which is the amount it claims the asset was undervalued in the deal, it said in the court documents first obtained by Finance Uncovered.



Source: Upstream


ENGERYMIXREPORT.COM

[waldron] 08/5/2019 17:45

FTSE 100
7,271 +0.15%
Dow Jones
25,968.12 +0.01%
CAC 40
5,417.59 +0.40%

Brent Crude Oil NYMEX 70.30 +0.60%
Gasoline NYMEX 1.97 +0.88%
Natural Gas NYMEX 2.60 +2.56%

(WTI) - 08/05 18:21:24
61.91 USD +0.62%


Eni
14.48 -0.07%



Total
46.98 +0.59%

Engie
13.135 -0.15%

Orange
13.95 +0.29%


BP
538.3 +0.96%

Vodafone
140.1 +0.07%

Shell A
2,412.5 +1.58%

Shell B
2,418 +1.75%

[waldron] 08/5/2019 16:07

BP Chargemaster to install 100 ultra-fast EV chargers this year
Britain’s largest electric car charging firm plans network of 400 150kW chargers on BP forecourts by 2021

by Lawrence Allan
8 May 2019

BP Chargemaster, the UK’s largest electric car charge point provider, will install 400 points capable of ultra-fast 150kW charging by 2021 – including 100 at 50 sites by the end of 2019.

Speaking at a BP Chargemaster conference, CEO of BP’s product and service-led arm, Downstream, Tufan Erginbilgic, said the rollout of 150kW chargers on its petrol station forecourts would begin in July. The chargers will be part of the Polar network, which is made up of over 6,500 public charging points across the UK.

The rollout will help future-proof the UK’s charging network, as currently very few EVs are capable of charging at 150kW. Audi’s e-tron is one that is, and its 95kWh battery can be charged to 80% in around 30 minutes.

The current network of ’rapid’ chargers are mostly capable of a 50kW charge rate, while Tesla’s Superchargers are currently capable of charging at up to 120kW. The Californian maker recently revealed a new version of the Supercharger that's capable of splitting 1MW of power between four cars, for a 250kW charging rate per car. This will allow a Model 3 to recover 75 miles of battery range as little as five minutes.

Companies such as Pod Point, Fastned and Ionity all claim to be rolling out chargers capable of supplying power at 150kW and above, but there’s currently only a handful that are operational in the UK. BP Chargemaster’s announcement is the biggest commitment so far as a result.

The development of the UK’s charging infrastructure is seen as one of the most crucial factors to enable the UK to meet climate change targets, including its promise to end the sale of conventional petrol and diesel cars by 2040.



Volkswagen and Tesco team up to create "largest retail network of EV chargers"

RAC launches EV flat-battery recovery scheme

[waldron] 08/5/2019 16:07

just take what you want out of any bit of info


and be thankful for any decent divi payment

[spud] 08/5/2019 15:48

Maybe, but if you read and believed everything written, you'd never invest in anything! spud

[waldron] 08/5/2019 15:29

The Tesla effect: Oil is slowly losing its best customer
CNN Digital Rebranding 2014 Matt Egan

By Matt Egan, CNN Business

Updated 9:05 AM ET, Wed May 8, 2019


New York (CNN Business)Between global warming, Elon Musk, and a worldwide crackdown on carbon, the future looks treacherous for Big Oil.
The rise of Tesla (TSLA) and electric vehicles broadly pose an existential threat to the oil industry. Passenger vehicles are the No. 1 source of demand for oil — and tomorrow's transportation system may no longer rely on the gas station.
But it's unclear if long-term investors should worry that the world's unquenchable thirst for oil will finally be satisfied. No one truly knows when that moment will arrive: Estimates range from a few years to several decades. The timing depends on how many electric vehicles will be on the road, how seriously governments take global warming and a confluence of other factors.
The lack of visibility in the oil industry's long-term future remains a big risk for investors. Rapidly evolving technology and shifting political winds could hasten the arrival of peak oil well before Wall Street's estimates. That could cause serious financial pain.


$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$



European oil majors are hedging their bets
Of course, even if oil demand peaks next decade, it doesn't mean the industry will go away. Analysts said that the winners will be the lowest-cost producers — the ones who can make money even in a world tilted towards electric vehicles.
"There will still be oil companies out there. Some will continue to make money. Others will have to go out of business or transition to other models," said Peers.
But not all oil companies are the same. Some companies are pureplay oil drillers, with heavy exposure to swings in oil prices. Others, like ExxonMobil (XOM) and Chevron (CVX), produce natural gas in vast quantities. Natural gas, a cleaner burning fossil fuel, helps power the electric grid that EVs plug into.

Although US oil companies are doubling down on their oil footprint, some European companies are hedging their bets. Under pressure from shareholders, BP (BP), Royal Dutch Shell (RDSA) and Total (TOT) have expanded into solar, wind and electric charging as a way to protect themselves from a more difficult future.
The deep uncertainty surrounding the future of oil demand that long-term investors should use caution in this space by carefully monitoring trends and steering clear of companies that are in denial about the future.

[waldron] 08/5/2019 15:23

The Tesla effect: Oil is slowly losing its best customer
CNN Digital Rebranding 2014 Matt Egan

By Matt Egan, CNN Business

Updated 9:05 AM ET, Wed May 8, 2019


New York (CNN Business)Between global warming, Elon Musk, and a worldwide crackdown on carbon, the future looks treacherous for Big Oil.
The rise of Tesla (TSLA) and electric vehicles broadly pose an existential threat to the oil industry. Passenger vehicles are the No. 1 source of demand for oil — and tomorrow's transportation system may no longer rely on the gas station.
But it's unclear if long-term investors should worry that the world's unquenchable thirst for oil will finally be satisfied. No one truly knows when that moment will arrive: Estimates range from a few years to several decades. The timing depends on how many electric vehicles will be on the road, how seriously governments take global warming and a confluence of other factors.
The lack of visibility in the oil industry's long-term future remains a big risk for investors. Rapidly evolving technology and shifting political winds could hasten the arrival of peak oil well before Wall Street's estimates. That could cause serious financial pain.


$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$



European oil majors are hedging their bets
Of course, even if oil demand peaks next decade, it doesn't mean the industry will go away. Analysts said that the winners will be the lowest-cost producers — the ones who can make money even in a world tilted towards electric vehicles.
"There will still be oil companies out there. Some will continue to make money. Others will have to go out of business or transition to other models," said Peers.
But not all oil companies are the same. Some companies are pureplay oil drillers, with heavy exposure to swings in oil prices. Others, like ExxonMobil (XOM) and Chevron (CVX), produce natural gas in vast quantities. Natural gas, a cleaner burning fossil fuel, helps power the electric grid that EVs plug into.

Although US oil companies are doubling down on their oil footprint, some European companies are hedging their bets. Under pressure from shareholders, BP (BP), Royal Dutch Shell (RDSA) and Total (TOT) have expanded into solar, wind and electric charging as a way to protect themselves from a more difficult future.
The deep uncertainty surrounding the future of oil demand that long-term investors should use caution in this space by carefully monitoring trends and steering clear of companies that are in denial about the future.

[the white house] 08/5/2019 15:12

Nice bounceA single seller of GBP 47m didn't help the cause yesterday

[grupo] 08/5/2019 09:01

Shell A
2,391.5 +0.69%


Shell B
2,398 +0.90%


holding up nicely despite the negative tendencies

[petepitstop] 08/5/2019 08:48

Quote from Warren Buffett a number of years ago 'if markets were efficient I would be a bum on the streets'.

[waldron] 08/5/2019 07:33

Europe stocks set to open lower as trade war fears continue
Published 39 min ago
Elliot Smith
@ElliotSmithCNBC




Key Points

The FTSE 100, CAC 40 and DAX are all set to open lower Wednesday amid escalating fears of a breakdown in trade talks between the U.S. and China.
Despite the news that Chinese Vice Premier Liu He would travel to Washington on Thursday, fears have been growing that the proposed trade deal between the two economic powers is unraveling.

European stocks are set to open lower Wednesday morning as the escalating threat of a trade war between the U.S. and China continues to weigh on major markets.

The FTSE 100 looks set to open around 9 points lower than its previous close at around 7,251, having reached a one--month low Tuesday. Meanwhile, the DAX is seen around 15 points lower at 12,087 and the CAC 40 is set to open down around 3 points at 5,392.

[drectly] 07/5/2019 23:24

I made a very small addition today as the price seemed low compared to the general market and oil prices. Then it went a bit lower. Fairly sure I will keep getting 6% yield and one day sell for more than the purchase price. Should still be able to sleep tonight. Not a concern but still a question, something that generates the cash to keep paying 6% yield with existing share price, is well run, why it is at these levels ?

[fjgooner] 07/5/2019 22:40

It's interesting to note that RDSA and RDSB shares are now virtually equal in value at £23.75 & £23.765 respectively.

I wonder if this may mean that RDSB shares become part of the buybacks from tomorrow?

On a separate note, Bloomberg TV was suggesting that U.S. stocks are susceptible to sharp falls on negative news due to their multi-year high valuations.

Really? In the U.S. today - where that may be true in general - Exxon dropped by just 0.5% and Chevron by only 0.1%.

By comparison, Shell is over 16% lower than year highs and this despite 5 sequentially excellent quarterly results.

Normally I feel that I understand these markets. On days like today, I am not so sure.

Happily though, at least we can remain sure of Shell, even if we have to wait a bit longer for these markets to get real.

[ariane] 07/5/2019 19:25

Shell International Finance B.V. and Royal Dutch Shell plc : Publication of Prospectus Supplement and Annual Reports

News provided by
Shell International Finance BV; Royal Dutch Shell plc

May 07, 2019, 13:46 ET

Share this article

LONDON, May 7, 2019 /PRNewswire/ -- The following documents (the "Documents") are available for viewing:

Prospectus Supplement dated 3 May 2019

Royal Dutch Shell plc Annual Report and Form 20-F for the year ended 31 December 2018

Royal Dutch Shell plc unaudited consolidated interim financial statements as at and for the three month period ended 31 March 2019

Shell International Finance B.V. Annual Report for the year ended 31 December 2018

The Documents must be read in conjunction with the Information Memorandum dated 3 August 2018, as supplemented by the first supplement dated 19 September 2018, the second supplement dated 1 November 2018 and the third supplement dated 8 February 2019, relating to the Programme. The Information Memorandum constitutes a base prospectus for the purposes of Article 5.4 of Directive 2003/71/EC as amended or superseded. Full information on Shell International Finance B.V. and Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) is only available on the basis of the Information Memorandum.

The Documents are available for viewing at the 'Financial Publications' section of Shell's website. To view the Documents, please paste the following URLs into the address bar of your browser.

Prospectus Supplement dated 3 May 2019



Royal Dutch Shell plc Annual Report and Form 20-F for the year ended 31 December 2018



Royal Dutch Shell plc unaudited consolidated interim financial statements as at and for the three month period ended 31 March 2019



Shell International Finance B.V. Annual Report for the year ended 31 December 2018



Other content available on Shell's website and the content of any other website accessible from hyperlinks on Shell's website is not incorporated into, and does not form part of, this announcement.

The Documents will be submitted to the National Storage Mechanism and will shortly be available for inspection at

Enquiries:
Shell Media Relations
International, UK, European Press: [phone]

Shell Investor Relations
Europe: + 31 (0)70 377 3996