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Royal Dutch Shell: Huge Dividend And Long-Term Growth Ahead

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Wayne Duggan: 20 July 2016

A number of British stocks have been hit hard since the referendum vote to leave the EU, but Royal Dutch Shell (RDS.A, RDS.B) is not one of them. Shares are now up 0.3% since the Brexit vote after initially falling more than 8% during the knee-jerk market sell-off.

With the possibility that the Brexit could severely impact British GDP growth in coming years, RDS.B offers a unique opportunity to invest in a company within a sector that is in a global upswing, a company that has significant international exposure and a company that is committed to maintaining the single largest dividend payment in the MSCI World Index.

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How Lower Oil Prices, Brexit Are Impacting North Sea Operations

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By Muhammad Ali Khawar on Jul 19, 2016 at 7:35 am EST

Thanks to Brexit vote, the oil and gas markets are experiencing significant level of uncertainties. With UK now stepping out of the European Union, many oil and gas companies have reduced operations as they feel that demand may not be as robust as it used to be.

The North Sea is one of the highest cost regions in the world. With the recent development in the UK market, companies fear higher costs, which can derail operations in the region. As reported by Bloomberg, Wood Mackenzie, a consulting firm, has indicated that around 30% of the fields in the region are operating at a loss.

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US oil leadership questioned

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By Ed Crooks: 8 July 2016

The most eye-catching story of the week was the estimate from Rystad Energy that the US holds the world’s largest oil reserves. As the table in Rystad’s press release shows, that calculation relies heavily on “undiscovered fields” in the US that have yet be found. In terms of proved reserves in existing fields, Saudi Arabia still has more than twice as much oil as the US, according to Rystad’s estimates. John Kemp of Reuters discussed the meaning of the varying figures for Saudi Arabia’s reserves, concluding: “No-one really knows how much more oil can be recovered from beneath the Saudi desert and adjoining areas in the Gulf.”

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Shell job losses could be worsened by Brexit vote

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Oil giant Royal Dutch Shell has warned over the possibility of further job cuts.

The risk of more job losses is a result of uncertainty caused by the UK’s vote to quit the European Union, City A.M. understands.

Since last year Shell has slashed 12,500 jobs following the fall in oil prices and its tie-up with rival BG.

At the time of Shell’s initial takeover bid for BG Group last year it had 93,000 employees. Meanwhile, BG Group’s staff numbered around 5,000.

The deal came amid a collapse in oil prices, which fell from over $115 per barrel in the summer of 2014 to as low as $27 in February this year.

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Brexit impact fades

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Gary Shilling for Bloomberg View suggested oil could drop to $10.

By Ed Crooks: Friday, July 1, 2016

Oil was one of the markets where the initial shock of the UK’s Brexit vote quickly faded. Brent crude was about $51 per barrel as the voters went to the polls last week, and today was trading at about $49.50. 

The 34 per cent rise in oil so far in 2016 has been its best start to a year since 2009, and helped commodities outperform other asset classes over the past six months.

The rise in prices has brightened the mood in Texas, according to a new survey carried out by the Federal Reserve Bank of Dallas. It looks like being a good data source to watch in future.

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Shell urges continued free trade and free movement of people post-Brexit

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Emily Gosden, energy editor: 30 JUNE 2016 • 7:02PM

Royal Dutch Shell has urged the UK to retain free trade and free movement of people with the EU in the wake of Brexit.

Ben van Beurden, the oil giant’s chief executive, said it was not yet clear how Shell would be affected by Britain leaving the EU and he was concerned by the prospect of a period of change and uncertainty. 

“It’s crucial that European governments will keep now a steady hand on the tiller of the economy in what will be probably unprecedented, unpredictable circumstances for some time to come,” he said.

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CEO urges continued free trade and movement post-Brexit

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by Tsveta ZikolovaFriday, 01 Jul 2016, 07:58 BST

Royal Dutch Shell (LON:RDSA) has urged the UK to retain free trade and free movement of people with the European Union in the wake of Brexit, The Telegraph has reported, quoting the Anglo-Dutch group’s chief executive. Ben van Beurden, who backed the Remain camp, further noted that it was not yet clear how the oil major would be affected by the outcome of last week’s vote.

Shell’s share price rallied in yesterday’s session, adding 2.38 percent to end the day at 2,047.5p. The advance was largely in line with gains in the broader London market, with the benchmark FTSE 100 index surging 2.27 percent to close at 6,504.33 points following dovish comments by Bank of England governor Mark Carney. The group’s shares have gained a little over 10 percent over the past year, and are more than 34 percent better off in the year-to-date.

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Shell CEO Urges European Governments to Keep Economy Steady After Brexit

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Ben Van Beurden, chief executive officer of Royal Dutch Shell PLC, is seen here in Perth, Australia in April 2016. Mr. Van Beurden urged Europe’s governments to keep the economy steady despite the turbulence created by the U.K.’s referendum. PHOTO: AARON BUNCH/BLOOMBERG NEWS

By SARAH KENT: June 30, 2016 5:49 a.m. ET

Speaking at a conference in London, Ben Van Beurden emphasized the benefits of a single market and free movement of people. “I hope that the future relationship between the U.K. and the rest of Europe will continue to provide conditions for economic growth,” he said.

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BRIEF-Shell CEO says UK investment programme remains at $4 bln by 2018

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Screen Shot 2016-05-21 at 10.18.28June 30 (Reuters) –

* Shell CEO says will continue to invest in the UK despite Brexit vote

* Shell CEO says $4 billion investment programme in UK by 2018 will not change

(Reporting by Ron Bousso)

SOURCE

Royal Dutch Shell plc and Gemfields plc: the perfect resources partnership?

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By Peter Stephens – Wednesday, 29 June, 2016

With the price of oil having made a storming comeback since earlier this year, Shell (LSE: RDSB) now has a much brighter future than it did just a few months ago. Clearly, there are still challenges ahead for the oil major, with there being a very real possibility that the price of oil could come under further pressure. That’s especially the case if Brexit acts as a negative catalyst on global economic growth and demand for oil falls yet further.

However, even in such a situation, Shell remains an appealing play due to its size and scale. In fact, Shell would be likely to benefit from such a situation, since it could likely outlast most of its sector peers and emerge in a stronger position with greater market share when oil eventually recovers.

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