Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘October 31st, 2013’

Shell’s Limited Wiggle Room

Screen Shot 2013-06-25 at 08.12.06

It may be Halloween but Royal Dutch Shell didn’t have treats to offer investors Thursday… the Anglo-Dutch energy company’s third-quarter results—with earnings excluding the impact of inventories down 31%—showed a business under multiple strains… Its U.S. upstream business continues to lose money. And downstream, with refining margins under severe pressure, earnings dropped by half.

FULL ARTICLE BY HELEN THOMAS

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Why no profits warning from Shell?

Screen Shot 2013-01-11 at 20.09.51

Good Morning Shell shareholders. Or rather bad morning. Shell’s results are out and it’s deja vu. Earnings are down from $6.2bn to $4.2bn. The shares opened 4% down. At the time of writing this article they are down 5%. Shell once again appears to be in breach of DTR 2 (Disclosure and control of insider information).

By John Donovan

Good Morning Shell shareholders.

Or rather bad morning. Shell’s results are out and it’s deja vu. Earnings are down from $6.2bn to $4.2bn. The shares opened 4% down. At the time of writing this article they are down 5%.

Shell once again appears to be in breach of DTR 2 (Disclosure and control of insider information). There can be no doubt that this fall in profit has been insider information for several weeks now, if only with Simon Henry and Peter Voser, and 5% is a significant fall in share price. So the market disagrees with Shell’s apparent opinion that a Profit Warning under DTR 2 was not required. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Royal Dutch Shell profit hit by Nigeria unrest

Screen Shot 2013-05-03 at 08.17.32Royal Dutch Shell’s net profit slid 35 percent in the third quarter on lower refining margins and disruption to production in Nigeria, the Anglo-Dutch energy giant said on Thursday. “We are facing headwinds from weak industry refining margins, and the security situation in Nigeria, which continue to erode the near term outlook,” Royal Dutch Shell chief executive Peter Voser said in the release.

Screen Shot 2013-01-24 at 22.09.48

London – Royal Dutch Shell’s net profit slid 35 percent in the third quarter on lower refining margins and disruption to production in Nigeria, the Anglo-Dutch energy giant said on Thursday.

Profit after tax fell by a third to $4.677 billion (3.42 billion euros) in the three months to September 30 compared with the equivalent period in 2012, the company said in an earnings statement.

“We are facing headwinds from weak industry refining margins, and the security situation in Nigeria, which continue to erode the near term outlook,” Royal Dutch Shell chief executive Peter Voser said in the release. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Did BP, Shell, Statoil, And Others Fix Oil Prices?

Screen Shot 2013-10-31 at 00.27.50

Screen Shot 2013-05-17 at 01.06.41Did BP, Shell, Statoil, And Others Fix Oil Prices And Behave Anti-Competitively?

By Werner Kranenburg: Oct 30 2013, 13:46

In legal proceedings, which may prove critical for both physical oil traders and traders in oil-related financial instruments, who should take note for their own possible action, the focus of attention has of last week firmly shifted to a federal trial court in Manhattan for now. The European Commission stating that “[e]ven small distortions of assessed prices may have a huge impact on the prices of crude oil…” concerns all involved and, besides governmental authorities, market participants have their role to play as well in ensuring the integrity of benchmarks and fairness of competition such as through the courts. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Looks to Sell Nigerian Pipeline

Potential access to full article subject to subscription

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
%d bloggers like this: