Royal Dutch Shell - Back to the Future (Seite 108)

[Oginvest]

BP, Volkswagen unveil details of e-car charging partnership

Zitat von Oginvest: DUSSELDORF, April 28 (Reuters) - BP (BP.L) and Volkswagen (VOWG_p.DE) on Thursday fleshed out details of their electric vehicle charging alliance, aiming to jointly install 8,000 fast-charging spots across Europe by 2024 in a bid to stoke demand for battery-powered vehicles.

In a first phase of the partnership, which was initially unveiled at Volkswagen's Power Day in March 2021, 4,000 charging points could be installed at BP's Aral retail sites in Germany and BP retail sites in Britain over the next 24 months.

By end-2024, up to 8,000 spots could be available across Europe, the companies said, unveiling the first charger of their joint initiative in the German city of Dusseldorf.

The fast-chargers will have a capacity of as much as 150 kilowatts (kW), which can deliver a meaningful charge for a range of around 160 kilometres (100 miles) in just over 10 minutes and might hep fix the issue of range anxiety that still weighs on demand for electric vehicles (EVs).

"EV charging is one of the key engines driving BP's transformation to an integrated energy company," BP Chief Executive Bernard Looney said. "When you bring together one of the world’s leading car makers and one of the world's leading energy companies - the opportunity is huge."

Volkswagen, which has similar charging partnerships with Spain's Iberdrola and Italy's Enel (ENEI.MI), aims to overtake Tesla (TSLA.O) as the world's largest EV seller.

Under the terms of their agreement, Volkswagen and BP said that under the agreement, they would also look to pursue further opportunities together to provide future solutions for lower carbon mobility.

"Rapid expansion of the charging network is crucial now," Thomas Schmall, Volkswagen's board member in charge of technology, said. "To make that happen, our pioneering flexible, fast chargers offer a perfect solution, since the time and costs required for installation are minimal."
https://www.reuters.com/business/autos-transportation/bp-vol…

[Oginvest]

Shell tightens restrictions on Russian oil buying

Shell (SHEL) on Wednesday tightened its restrictions on buying Russian oil, saying it would no longer accept refined products with any Russian content, including blended fuels.

Shell last month said it would phase out buying Russian crude and its involvement in all Russian hydrocarbons from oil to natural gas, after facing an uproar over buying a Russian crude cargo in the days following Moscow's invasion of Ukraine.

London-based Shell, the world's largest oil trader, nevertheless continued to accept products with under 50% of fuel from Russia, based on clauses in its trading contracts.

But on Wednesday it said it would no longer accept any such products from Russia.

In a bid for a jet fuel cargo on the Platts trading platform, seen by Reuters, Shell wrote: "It is a condition of this bid that the goods sold and delivered by Seller will not be of Russian Federation (RF) origin, nor have been blended with any product that was produced in RF, nor will the transport of the goods sold commence from or involve transit through RF."

A Shell spokesperson confirmed the change to its terms.

"We are working to phase out Russian oil and gas from our supply chain while protecting the energy and fuel supplies that millions of people rely on every day. We are making good progress and have taken a further step to tighten our trading terms to help achieve this," Shell said.

The new terms do not impact Russian crude purchases, while Shell phases those out.

Europe heavily relies on Russian crude oil and refined products, in particular diesel and jet fuel. Russia is Europe's biggest oil supplier, providing just over a quarter of EU oil imports in 2020, according to data from the bloc's statistics office Eurostat.

Blending fuels is common practice and can occur at a company level or in storage tanks which contain a mix of fuels from different countries.

Other European companies including TotalEnergies, Repsol and BP no longer buy any refined products with Russian content.

https://www.tradingview.com/news/reuters.com,2022:newsml_L2N…

[Oginvest]

U.S. energy secretary says oil, gas output will continue to increase

WASHINGTON, April 25 (Reuters) - The U.S. Energy Secretary said on Monday U.S. oil and gas production is rising and will continue to rise to make up for the 1 to 1.5 million barrels of oil per day that has been pulled off the market in the wake of Russia's invasion of Ukraine.

Jennifer Granholm told CNBC the boost in U.S. oil to market will be about 1 million barrels per day, first coming from President Joe Biden's record release from the Strategic Petroleum Reserve starting in May and lasting six months.

The administration expects domestic oil production will increase as well in coming months and help stabilize prices for crude and gasoline.

"That's one of the reasons why perhaps you're seeing some leveling off of prices," Granholm said about the supply release's effect on oil prices which also slumped on Monday as COVID-19 lockdowns in China and potential increases in the U.S. interest rate raise concerns about global growth.

Granholm said global and domestic oil markets may react if Europe bans imports of Russian crude. "If they do decide to do some form of ban or some medium version of that, then there will be an impact, no doubt on oil prices, because that will pull more supply off the market," she said.

U.S. consumers are willing to absorb some of those costs, as a sacrifice as the world toughens its stance on Russia, Granholm said, but the Biden administration wants to ensure that it can lessen any impact, "particularly for middle class lower income people who really feel this pinch more than anybody."
https://www.reuters.com/business/energy/us-energy-secretary-…

[Oginvest]

CSSSA, TotalEnergies’ shipping arm, chartered suezmax tanker Moscow Spirit 😆

Zitat von Oginvest: A SHIPPING unit of France’s TotalEnergies has provisionally chartered a tanker to load Abu Dhabi crude in early May for Europe, the first such shipment in 2 years, according to traders and a shipping report on Monday (Apr 25).

CSSSA, TotalEnergies’ shipping arm, chartered suezmax tanker Moscow Spirit to load 1 million barrels of Murban crude from the port of Jebel Dhanna in the United Arab Emirates for Britain on May 1-3 at a worldscale rate of 60 points, the shipping report showed.

Abu Dhabi’s Das crude was last loaded for Italy in May 2020, Refinitiv Eikon data showed.

The arbitrage window for Middle East crude to head to Europe opened after European buyers shunned Russian oil following Russia’s invasion of Ukraine, what it calls “a special operation”.

More cargoes of Abu Dhabi crude grades - Murban, Das and Upper Zakum - are expected to head to Europe in the months to come to replace the Russian shortfall as the European Union prepares more sanctions on Russian oil imports, traders said, possibly diverting some supplies away from Asia.

The global trade flow is “readjusting” to reflect changes in Russian oil supplies, one trader said.

Russia is Europe’s biggest oil supplier, providing 26 per cent of EU imported oil in 2020.
https://www.businesstimes.com.sg/energy-commodities/abu-dhab…

[Matthias 2]

Gestern waren die Märkte insgesamt schwach, da werden vor dem Wochenende alle Aktien verkauft, auch Gute..

[muep]

Antwort auf Beitrag Nr.: 71.406.236 von Chrisu3042 am 22.04.22 18:12:00

Ja und es wird sie auch wieder hoch ziehen

[Chrisu3042]

Die ganzen hohen Kursziele und klugen Strategien helfen nichts, die Shell zieht es schon wieder runter wie einen Stein im Wasser. Eine Katastrophe im Vergleich zu Exxon.

[Oginvest]

U.S. awards contracts for 30 mln barrels of oil sales from strategic reserve

WASHINGTON, April 21 (Reuters) - The U.S. Department of Energy said on Thursday it has awarded contracts for 30 million barrels of crude oil put up for sale from the Strategic Petroleum Reserve (SPR) in response to price hikes caused by Russia's invasion of Ukraine.

"As a next step toward releasing one million barrels per day for the next six months, DOE plans to issue a third Notice of Sale on May 24, 2022 for an additional 40 million barrels and for delivery starting in June, and further details will be posted at that time," the department said in a statement.

The Energy Department had issued a second notice of sale for 30 million barrels of SPR crude oil earlier in April. Sixteen companies submitted a total of 126 bids for evaluation.

Contracts were awarded to 12 companies. They included 6.85 million barrels to Valero Marketing and Supply Company (VLO.N), 4.05 million barrels to Motiva Enterprises (MOTIV.UL), 3.6 million barrels to Exxon Mobil (XOM.N), 2.75 million barrels to Shell(SHEL.L), 2.6 million barrels to Glencore Ltd, 2.4 million barrels to Marathon Petroleum(MPC.N) and 2.5 million barrels to Phillips 66(PSX.N).

Combined with already-scheduled releases, these contracts mean that the SPR is now scheduled to deliver 50 million barrels of oil in May and June, the department said, adding it plans to issue a third notice of sale on May 24 for an additional 40 million barrels and for delivery starting in June.
https://www.reuters.com/business/energy/us-awards-contracts-…

[Oginvest]

Sonnen to offer cheap power to German homes which install solar

FRANKFURT, April 21 (Reuters) - Solar battery maker sonnen said on Thursday that it will offer retail buyers of new rooftop photovoltaic systems in Germany an inexpensive power supply from the third quarter of 2022.

Berlin has passed renewable power legislation to speed up the country's transition to low-carbon fuels and eliminate its dependency on Russian oil and gas after Moscow's invasion of Ukraine, which the Kremlin calls a "special military operation".

Shell-owned (SHEL.L) sonnen said that it will draw on the increasing competitiveness of home-produced electricity from solar panels and further sales of its storage batteries.

Germany, with a population of 84 million, has some 500,000 household power batteries which are provided by sonnen and competitors such as Senec (EBKG.DE) and China's BYD (002594.SZ).

Independent research this month indicated that unit sales this year may jump by 67% over 2021. read more

"Householders' power costs can be brought down to zero or maybe even attract a pay-out for excess volumes at the end of the year," Bavaria-based sonnen said in a statement.

....

https://www.reuters.com/business/sustainable-business/sonnen…

[Oginvest]

Shell says aims to hit carbon reduction goals regardless of others

LONDON, April 20 (Reuters) - Shell (SHEL.L) aims to meet its goal to cut carbon emissions to net zero by the middle of the century regardless of progress by customers and broader society, its chief executive said on Thursday.

Shell previously said that it aims to become a net-zero greenhouse gas emissions business by 2050 "in step with society and our customers".

In a report published on Thursday on the company's carbon reduction performance last year, Chief Executive Officer Ben van Beurden said that "from today, our target to achieve net-zero emissions by 2050 is no longer conditional on society's progress".

Shell said that its emissions from operations, known as Scope 1 and 2, had decreased by 18% between 2016 and 2021. It aims to reduce Scope 1 and 2 emissions by 50% by 2030.

The much larger category of Scope 3 emissions from the burning of fuels and products sold to customers, declined by 16% over the same period.

https://www.reuters.com/business/sustainable-business/shell-…