Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘January 14th, 2016’

Shell names top exec to head BG during complex integration

Screen Shot 2016-01-14 at 16.02.05

LONDON | BY RON BOUSSO: Deals | Thu Jan 14, 2016 10:38am EST

Royal Dutch Shell’s top executive planning the integration of BG Group will become transitional CEO of BG after expected completion of the $48 billion acquisition next month, company sources said.

The appointment of Dutchman Huibert Vigeveno to oversee the complex merger of the two global businesses comes as no surprise.

Vigeveno was appointed last August to spearhead the joint Shell-BG integration committee along with BG’s Sinead Lynch, and had previously headed Shell’s operations in China and had also worked for the Anglo-Dutch company in Brazil, two key markets for the combined group. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell-BG deal wins more support, but concerns persist

Screen Shot 2016-01-14 at 14.57.20

By Ron Bousso and Karolin Schaps

LONDON, Jan 14 Two weeks before shareholders are due to vote on Royal Dutch Shell $48 billion bid for BG Group, more investors have come out in support of the deal, despite lingering concerns about the effect of falling oil prices on the sector.

The bid has already won the backing of several major shareholders and advisory groups, with only a handful of investors publicly arguing against its merits even as oil prices have dropped below $30 a barrel for the first time in 12 years. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

British shareholder advisory firm recommends voting for Shell-BG deal

Screen Shot 2016-01-14 at 13.19.20

Jan 14, 2016

British shareholder advisory firm PIRC on Thursday recommended investors vote in favour of Royal Dutch Shell’s $48 billion acquisition of BG Group later this month.

“The rationale for the proposed acquisition has been clearly disclosed and does not raise any concerns,” PIRC said in a note to investors.

(Reporting by Ron Bousso; Editing by Mark Potter)

SOURCE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell’s Deal Math on BG Vote

Screen Shot 2015-10-26 at 21.27.18

Screen Shot 2015-12-23 at 09.03.45Shell’s Deal Math on BG Vote

The now-$48 billion deal, announced last April, comes to a shareholder vote this month. But despite some investor dissent, including Standard Life’s decision last week to announce it would vote against the deal with its Shell shares, the market seems to be starting to believe it might happen.

FULL ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Oil price crash means petrol could become cheaper than bottled water

Screen Shot 2016-01-14 at 12.08.41

By Mehreen Khan: 14 Jan 2016

Petrol will soon cost less than bottled water as the relentless decline in oil prices sends fuel down to 86p a litre, it has been claimed.

Brent crude fell to below $30 a barrel for the first time since 2004 on Wednesday evening – and has fallen by more 73pc since reaching highs of $115 last summer.

Motoring group RAC said pump prices now could fall back to levels last seen in the aftermath of the financial crisis in 2009, if the commodity plunges to as low as $10, a forecast made by Standard Chartered bank earlier this week. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Share markets rattled as oil price slide continues

Screen Shot 2016-01-14 at 11.40.18

The main stock markets in London, Frankfurt and Paris sank by about 2%, tracking steep overnight losses on Wall Street and on Asian indexes.

The Brent crude oil benchmark fell another 0.4% to $30.15 a barrel, having briefly drifted below $30.

The pound hovered close to five-and-half-year lows against the dollar.

The FTSE 100 index was about 1.9% lower two hours into trading, with only four stocks in the index making gains.

“This market is in contraction and I expect this contraction to continue for the next six months,” Beaufort Securities’ sales trader Basil Petrides told Reuters. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Is Royal Dutch Shell Plc Dead Money?

Screen Shot 2016-01-14 at 11.25.41

By Rupert Hargreaves – Thursday, 14 January, 2016

There’s nothing worse than analysts labelling a company ‘dead money’, the slang term given to an investment that’s unlikely to produce a positive return for the foreseeable future.

If the investment truly is dead money, the likelihood of a turnaround is low and investors should consider selling the shares before incurring additional losses.

Unfortunately, the market seems to think that Royal Dutch Shell (LSE: RDSB) is dead money. But is this really the case?  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Motiva Ripe for IPO Under Aramco Plan

Screen Shot 2016-01-14 at 11.15.11

January 14, 2016 [OPIS] – Motiva Enterprises is a juicy candidate to take to market for a U.S. flotation as 50% stakeholder Saudi Aramco pursues its putative goal of taking itself public, investment bank Cowen and Company said in a research note.

Cowen has pegged Motiva’s theoretical market capitalization at $8.7 billion, stating a possible public valuation could be $8.5 billion-$10 billion, numbers Cowen’s equity research team of Sam Margolin, Jason Gabelman and Tanner Strunk see as “conservative.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell lease requests offshore Alaska face scrutiny

Screen Shot 2016-01-14 at 11.53.02

Shell is challenging a decision by the federal government to deny its request to suspend leases in the Arctic waters off the coast of Alaska that would expire in 2017 and 2020. Federal leases expire at the end of their terms unless operators are engaged in drilling or related activity.

ANCHORAGE, Alaska, Jan. 14 (UPI) — A group of environmental activists filed a challenge to leases held by Royal Dutch Shell in Alaskan waters, citing the need to act on behalf of the climate.

Earthjustice, working on behalf of eight conservation groups, including the Sierra Club and Greenpeace, filed to intervene in decisions before the Department of Interior regarding Shell’s leases in the Beaufort and Chukchi Seas.

“The Arctic Ocean is ground zero for climate change, and drilling in such a sensitive region threatens the whales, seals and countless other wildlife that call it home,” Earthjustice attorney Erik Grafe said in a statement. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Fuel could become cheaper than bottled water, says motoring group

Screen Shot 2016-01-14 at 07.52.02

Press Association: Thursday 14 January 2016 07.34 GMT

Fuel could become cheaper than bottled water if the price of oil continues to plummet, motoring experts have said.

Oil prices have fallen by 30% since early December, with Brent crude sinking below $30 a barrel on Wednesday. Many analysts predict it could tumble even further, with Standard Chartered warning that $10 a barrel is a possibility.

The RAC said this could lead to UK motorists paying 86p per litre (ppl) for fuel, as long as the pound does not continue to weaken against the dollar. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Oil prices will get worse before they get better: Analysts

Screen Shot 2016-01-14 at 00.37.04

By Tom DiChristopher: 13 Jan 2016

After U.S. crude prices broke below $30 per barrel for the first time in 15 years, the market is asking how low oil futures can go? Most analyses see it rebounding in the back half of 2016, but crude faces significant headwinds in the coming months, experts told CNBC.

On Monday, Morgan Stanley joined Goldman Sachs in saying oil prices could dip to $20, and a number of major banks cut their crude cost outlook this week. Standard Chartered even raised the specter of $10 oil.

Oil as low as $20 — and perhaps even lower — is indeed possible, said Matt Smith, ClipperData’s director of commodity research. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Oil and US share prices tumble over fears for global economy

Screen Shot 2016-01-14 at 00.23.21

Rupert Neate in New York and Phillip Inman in London

Wednesday 13 January 2016 22.15 GMT

Wednesday’s stock market declines were triggered by new figures showing US gasoline stockpiles had increased to record high, which caused Brent crude prices to fall as low as $29.96, their lowest level since April 2004, before settling at $30.31, a 1.8% fall. The oil price has fallen by 73% since a peak of $115 reached in the summer of 2014.

FULL ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Amid oil price plunge, price-setting Brent supported by Shell sales to Asia

Screen Shot 2016-01-14 at 00.12.14

LONDON | BY ALEX LAWLERWed Jan 13, 2016: 12:51pm EST

As oil prices fall to new multi-year lows on a global glut, the structure of the niche but crucial benchmark Brent market has shown counter-intuitive signs of tighter supplies and strengthening.

The reason, according to some in the market, was an unusual accumulation of British Forties crude oil cargoes by Royal Dutch Shell, and the expected shipment of many of these out of Europe to South Korea and China.

Shell may have bought more than half of the Forties cargoes loading in January, according to estimates from North Sea crude traders. Price differentials for Forties, which is the largest of the four North Sea crudes that underpins the dated Brent physical benchmark, rose.

“I think it has to do with Shell’s position,” said a North Sea trader with another company, referring to the strengthening in Forties differentials seen during late December. “Lack of Forties availability.” read more

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