Royal Dutch Shell - Back to the Future (Seite 95)

[Oginvest]

Shell will not pursue development of Linnorm gas field in Norway

LONDON, June 23 (Reuters) - Shell said on Thursday it would not continue with its plans to develop the Linnorm discovery in the Norwegian North Sea as a standalone gas field.

"After discussions between the partners, the Linnorm Licence will not continue to further mature a standalone development concept," Shell told Reuters in a statement. "The partners in the licence will now evaluate alternative ways forward."

The field was discovered in 2005 holds an estimated 31.7 billion cubic metres of gas resources, according to the Norwegian Petroleum Directorate data base.

Shell operates and holds a 30% stake in the field, Norway's Petoro also holds 30% while Equinor and TotalEnergies each hold a 20% stake.

https://finance.yahoo.com/news/shell-not-pursue-development-…

[Oginvest]

Nigeria's Supreme Court upholds freeze on Shell's asset sale

https://www.nasdaq.com/articles/nigerias-supreme-court-uphol…

ABUJA, June 20 (Reuters) - Nigeria's Supreme Court has upheld a lower court ruling that stopped Shell Plc SHEL.L from selling its assets in Nigeria until a dispute between the oil major and a Niger Delta community over a 2019 oil spill is resolved.

The High Court in March barred Shell from any asset sale in Nigeria until a decision is reached on the dispute. Eighty-eight communities in Rivers state were awarded $1.95 billion compensation for an oil spill they blamed on Shell and which damaged their farms and waterways.

Shell, which denied causing the spill, appealed the compensation verdict and the ruling blocking the sale of its assets. The company then went on to advertise for bids for the assets after filing an appeal.

But the Supreme Court, in a ruling dated June 16, said the parties should "maintain the status quo" until a hearing of all applications from Shell and the communities later this year.

"What the status quo means here is that there should be no bids, no sales until the hearing of the applications which has been fixed for November 3, 2022," Mohammed Ndarani, the laywer representing the Delta communities told Reuters on Monday.

A Shell spokesperson did not immediately respond to a request for comment.

Shell wants to sell its stake in Nigeria's onshore fields, where it has been active since the 1930s, as part of a global drive to reduce its carbon emissions.

The company, the most significant international oil major operating in Nigeria, has faced a string of court cases in the past over oil spills.

In April, Shell said the volume of crude oil spills caused by sabotage in the Delta more than doubled to 3,300 tonnes last year, a level last seen in 2016.

(Reporting by Camillus Eboh; writing by MacDonald Dzirutwe; editing by Philippa Fletcher)

[Oginvest]

Qatar Energy partners with Eni for North Field East LNG project

DOHA, June 19 (Reuters) - Qatar Energy signed a deal with Eni (ENI.MI) on Sunday on the Gulf Arab state's North Field East expansion, the world's largest liquefied natural gas (LNG) project, following on from an agreement with TotalEnergies earlier this month.

Qatar is partnering with international companies in the first and largest phase of the nearly $30 billion expansion that will boost Qatar's position as the world's top LNG exporter. read more

....

The North Field is part of the world’s biggest gas field that Qatar shares with Iran, which calls its share South Pars.

In all, the North Field Expansion plan includes six LNG trains that will ramp up Qatar’s liquefaction capacity from 77 million tonnes per annum (mtpa) to 126 mtpa by 2027. The fifth and sixth trains are part of a second phase, North Field South.

Exxon Mobil Corp (XOM.N), Shell (SHEL.L) and ConocoPhillips (COP.N) will also participate in the North Field expansion, sources have said.

Kaabi has said that once the investments have been completed, Asian buyers are expected to make up half the market for the project and European buyers the rest.

Total, Exxon, Shell, Italy's Eni and Chevron have offered Qatar Energy opportunities to invest in prize assets they hold overseas. Qatar Energy and Eni are partners in oil and gas projects in Oman, Mexico, Morocco, Mozambique and Kenya.

https://www.reuters.com/business/energy/qatar-energy-joins-e…

[trick17-2]

Kursrutsch logisch

Für mich ist der Kursrutsch schon nachvollziehbar.
Margin Calls. Wenn man auf Kredit oder über den Hebel spekuliert,
dann müssen unter Umständen andere Positionen verkaufen werden, um Cash zu generieren.
Dann rauscht der breite Markt runter.
Dann muss unter Umständen auch ne Shell verkauft werden.
Nicht alls sind wiw wir (Ein Teil des Privatvermögens in Aktien investiert) konservativ im markt positioniert. Muss man nicht mögen.
So ist Börse.

[ChicPic]

Im Endeffekt preist hier der Markt ein das sich die westlichen Staaten einen extrakuchen beim Gewinn der Energiekonzerne holen….
Ob gerechtfertigt oder nicht….
Bei Apple und co haben sie nicht abgecasht war politisch nicht hipp, sondern haben für sie sogar steuerschlupflöcher geschaffen (Niederlande)

[Divid-ende]

Antwort auf Beitrag Nr.: 71.805.073 von david_55 am 17.06.22 17:31:39

Zitat von david_55: Davon alleine gestern und heute -10%, verstehe das mal einer bei Ölpreisen > 100Dollar. Keine Ahnung wer massiv verkauft, obwohl Shell den höchsten Cashflow der Geschichte in Q2 generieren sollte.. und wo stehen wir 23,60€ - ohne Worte!

Auch Dir muss man sagen, so funktioniert die Börse nun einmal, nichts logisches eben.

[david_55]

Antwort auf Beitrag Nr.: 71.804.845 von Startrader01 am 17.06.22 17:02:23

Davon alleine gestern und heute -10%, verstehe das mal einer bei Ölpreisen > 100Dollar. Keine Ahnung wer massiv verkauft, obwohl Shell den höchsten Cashflow der Geschichte in Q2 generieren sollte.. und wo stehen wir 23,60€ - ohne Worte!

[Startrader01]

lachhaft bei diesen Ölpreisen... die spielen wohl das Szenario der total weltweiten rezession, und kein Mensch braucht mehr ÖL.... deshlab steht es auch noch bei 115 ...

20% Kursverlst in nicht mal 2 Wochen... irre

[david_55]

Antwort auf Beitrag Nr.: 71.802.776 von trick17-2 am 17.06.22 09:56:41

Shell gleich bereits unter 24€. Sehr starker/irrationaler Einbruch, hatte ich so nicht erwartet...

[Oginvest]

China firms in advanced talks with Qatar for gas field stakes, LNG offtake

SINGAPORE, June 17 (Reuters) - China's national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the world's largest liquefied natural gas (LNG) project and buy the fuel under long-term contracts, three people with knowledge of the matter said.

It would be the first such partnership between the two nations, among the world's top LNG consumers and producers, as the Middle Eastern energy exporter shifts to expand its Asian client base at. Global energy corporations used to be the main investors in Qatar's gas industry.

The Qatari supply deal will help China create a buffer against spot price volatility and diversify its imports; relations with two major suppliers, the United States and Australia, are at a low point, and another, Russia, is in the midst of a war and faces widespread sanctions. Beijing views gas a strategic bridge fuel to replace coal on its path to carbon neutrality by 2060.

Qatar was China's largest LNG supplier after Australia in the first five months of 2022, data on Refinitiv Eikon showed.

.....

QatarEnergy said on Sunday that TotalEnergies had become its first partner for the project, winning a 25% stake in one train. Asian buyers are expected to make up half the market for the project, and buyers in Europe the rest, QatarEnergy's chief executive said. read more

Exxon Mobil Corp (XOM.N), Shell (SHEL.L), ConocoPhillips (COP.N) and Eni (ENI.MI) had also submitted bids for the project. read more

...

https://www.reuters.com/business/energy/exclusive-china-firm…