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Royal Dutch Shell PLC (RDSa.AS)

RDSa.AS on Amsterdam Stock Exchange

27.67EUR
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Shell Reports Emissions Due To Open Valve At Deer Park Facility
Wednesday, 29 Nov 2017 05:00pm EST 

Nov 29 (Reuters) - ROYAL DUTCH SHELL ::SHELL DEER PARK, TEXAS PLANT REPORTS EMISSIONS DUE TO OPEN VALVE ON NOV. 28.SHELL DEER PARK, TEXAS PLANT REPORTS OPERATORS WERE SENT OUT TO VERIFY IF THE VALVE WAS OPEN AND BEGAN TO RESEAT THE VALVE.  Full Article

Shell Midstream Partners LP Agrees To Acquire Additional Assets From Shell
Tuesday, 28 Nov 2017 04:15pm EST 

Nov 28 (Reuters) - Shell Midstream Partners Lp ::SHELL MIDSTREAM PARTNERS, L.P. AGREES TO ACQUIRE ADDITIONAL ASSETS FROM SHELL.SHELL MIDSTREAM PARTNERS LP - DEAL FOR ‍$825 MILLION.​.SHELL MIDSTREAM PARTNERS LP - ‍TERMS OF ACQUISITION WERE APPROVED BY CONFLICTS COMMITTEE OF BOARD OF GENERAL PARTNER OF SHELL MIDSTREAM PARTNERS​.SHELL MIDSTREAM PARTNERS LP - ‍SHELL MIDSTREAM PARTNERS INTENDS TO FUND ACQUISITION WITH BORROWINGS UNDER NEW AND EXISTING CREDIT FACILITIES​.SHELL MIDSTREAM PARTNERS LP - ‍ ENTERED INTO A PURCHASE AND SALE AGREEMENT TO ACQUIRE FROM UNITS OF SHELL A 100% INTEREST IN FIVE PRODUCTS TERMINALS.SHELL MIDSTREAM PARTNERS - ‍ ENTERED DEAL TO ALSO ACQUIRE PARTIAL INTEREST IN TWO GULF OF MEXICO CORRIDOR PIPELINES, IN 2 STRATEGIC ONSHORE PIPELINES ​.  Full Article

Shell CEO sees 'era of volatility' for oil prices ahead
Tuesday, 28 Nov 2017 04:01am EST 

Nov 28 (Reuters) - Royal Dutch Shell Plc ::SHELL CEO VAN BEURDEN SAYS COMPANY WILL DOUBLE RETURN ON INVESTMENTS TO 10 PERCENT BY 2020 WITH OIL AT $60/BBL.SHELL CEO SAYS AT CURRENT OIL PRICES YOU CAN EXPECT CAPITAL INVESTMENT TO BE AT LOWER END OF $25-$30 BILLION PER YEAR.SHELL CEO SAYS TO REDUCE CAPITAL ALLOCATION FOR DEEP WATER, CONVENTIONAL OIL, INCREASE IN MARKETING AND NEW ENERGIES.SHELL CEO SAYS GREENHOUSE GAS EMISSION REDUCTION TARGETS TO INCLUDE THOSE FROM USE OF SHELL PRODUCTS BY CONSUMERS.SHELL CEO SAYS COMPANY HAS VERY FEW IF ANY STRANDED ASSETS UNDER CARBON EMISSIONS TARGETS.SHELL CEO SAYS STILL SEES AHEAD AN ERA OF VOLATILITY IN OIL PRICES.SHELL CEO SAYS IRAQ'S MAJNOON OIL FIELD IS INCREASINGLY LESS STRATEGIC TO OUR PORTFOLIO.  Full Article

Shell ‍Cancels Scrip Dividend Programme
Tuesday, 28 Nov 2017 02:13am EST 

Nov 28 (Reuters) - Shell ::‍CANCELS ITS SCRIP DIVIDEND PROGRAMME WITH EFFECT FROM Q4 2017 INTERIM DIVIDEND​.‍CANCELLATION MEANS THAT Q4 2017 INTERIM DIVIDEND AND FUTURE DIVIDENDS WILL BE SETTLED ENTIRELY IN CASH​.‍Q3 2017 INTERIM DIVIDEND, PAYABLE ON DECEMBER 20, 2017, IS NOT AFFECTED​.  Full Article

Shell Raises Annual Organic Free Cash Flow Outlook To $25-$30 Bln By 2020
Tuesday, 28 Nov 2017 02:11am EST 

Nov 28 (Reuters) - Shell ::‍SCRIP DIVIDEND PROGRAMME TO BE CANCELLED WITH EFFECT FROM Q4 2017 DIVIDEND​.‍ANNUAL ORGANIC FREE CASH FLOW OUTLOOK INCREASED TO $25 TO $30 BILLION BY 2020, AT $60 PER BARREL (REAL TERMS 2016)​.‍AIMS TO CUT NET CARBON FOOTPRINT OF ITS ENERGY PRODUCTS - EXPRESSED IN GRAMS OF CO(2) PER MEGAJOULE CONSUMED - BY AROUND HALF BY 2050​.‍ANNUAL CAPITAL INVESTMENT WILL CONTINUE TO BE BETWEEN $25 AND $30 BILLION​.‍ANNUAL UNDERLYING OPERATIONAL EXPENDITURE WILL REMAIN BELOW $38 BILLION UNTIL 2020​.‍COMPANY EXPECTS TO CONTINUE TO GROW ORGANIC FREE CASH FLOW THROUGHOUT 2020S AT A MORE MODERATE RATE​.‍TO DELIVER AN INCREMENTAL $5 BILLION CASH FLOW FROM OPERATIONS BY 2020.​.HIGHER DISTRIBUTIONS TO SHAREHOLDERS IN FORM OF BUYBACKS IN LINE WITH PLANS CONFIRMED BELOW IS EXPECTED TO SUPPORT STRONGER GROWTH IN METRICS PER SHARE​.‍REMAINS ON TRACK TO DELIVER 1 MILLION BARRELS OF OIL EQUIVALENT PER DAY, $10 BILLION OF CASH FLOW FROM OPERATIONS FROM NEW PROJECTS BY 2018​.‍COMPANY IS CONFIRMING PLANS FOR SHARE BUYBACKS OF AT LEAST $25 BILLION IN PERIOD 2017-2020​.‍WILL INCREASE CAPITAL ALLOCATED TO NEW ENERGIES BUSINESS TO $1 TO $2 BILLION PER YEAR UNTIL 2020​.‍GEARING STOOD AT 25.4% AT END OF Q3 2017 AND ADDITIONAL DIVESTMENT PROCEEDS OF MORE THAN $5 BILLION SINCE THEN MEAN THAT 20% GEARING IS IN SIGHT​.‍WILL CONTINUE TO TARGET OPPORTUNITIES IN NEW FUELS AND POWER, TWO BUSINESSES ADJACENT TO ITS DOWNSTREAM AND GAS BUSINESSES​.  Full Article

Shell and AT&T sign global networking agreement
Thursday, 16 Nov 2017 09:30am EST 

Nov 16 (Reuters) - AT&T Inc :Shell and AT&T sign global networking agreement.AT&T Inc says ‍co & Shell have signed an agreement for provision of managed communications and network integration services for Shell globally​.  Full Article

Shell to repair damaged portions at Enchilada platform, re-deploy personnel
Monday, 13 Nov 2017 02:23pm EST 

Nov 13 (Reuters) - Royal Dutch Shell Plc ::Shell says it is standing down its emergency response activities in response to fire on its Enchilada platform in the Gulf of Mexico.Shell says it is in the process of developing a plan for repairing the damaged portions of the asset and re-deploying personnel.Shell says on Nov. 11 an assessment team confirmed isolation of the platform from the 30-inch gas export pipeline and no presence of uncontained hydrocarbons .Shell says there is no timeline to resume normal operations.  Full Article

Shell says unit upsizes sell down of shares in Woodside Petroleum​
Monday, 13 Nov 2017 09:49am EST 

Nov 13 (Reuters) - ROYAL DUTCH SHELL PLC :‍SHELL ENERGY HOLDINGS AUSTRALIA LIMITED HAS UPSIZED ITS PREVIOUSLY ANNOUNCED AGREEMENT TO SELL SHARES IN WOODSIDE PETROLEUM LIMITED​.‍A TOTAL OF 111.8 MILLION SHARES WERE AGREED TO BE SOLD FOR TOTAL PRE-TAX PROCEEDS OF $2.7 BILLION​.  Full Article

Hess issues statement on impact from incident at Shell Enchilada platform in Gulf of Mexico
Monday, 13 Nov 2017 07:31am EST 

Nov 13 (Reuters) - Hess Corp :Hess issues statement on impact from incident at shell enchilada platform in gulf of Mexico.Hess Corp - ‍Hess production is shut in at its Baldpate, Conger and Penn State fields​.Hess Corp - ‍all production coming into garden banks gas pipeline system also remains shut in until further notice​.Hess Corp - ‍production is also shut in at Shell-operated Llano field​.Hess Corp - ‍released statement about impact on its operations resulting from fire at Shell Enchilada platform in Gulf of Mexico​.Hess Corp - ‍Hess production at Baldpate, Conger, Llano and Penn State​ fields is approximately 30 thousand barrels of oil equivalent per day.  Full Article

Shell further reduces interest in Woodside Petroleum Ltd
Monday, 13 Nov 2017 03:39am EST 

Nov 13 (Reuters) - SHELL ::‍SHELL FURTHER REDUCES ITS INTEREST IN WOODSIDE​.ANNOUNCES AN AGREEMENT TO SELL PART OF ITS STAKE IN WOODSIDE PETROLEUM LIMITED (WOODSIDE) TO EQUITY INVESTORS‍​.UNDERWRITING AGREEMENT WITH TWO INVESTMENT BANKS FOR THE SALE OF 71.6 MILLION SHARES IN WOODSIDE, AT A PRICE OF A$31.10 PER SHARE. ‍​.EXPECTS DEAL TO RESULT IN TOTAL PRE-TAX PROCEEDS OF APPROXIMATELY $1.7 BILLION (A$2.2 BILLION)‍​.SALE OF 71.6 MILLION SHARES IN WOODSIDE, REPRESENTS 64.0% OF ITS INTEREST IN WOODSIDE AND 8.5% OF THE ISSUED CAPITAL IN WOODSIDE‍​.UPON COMPLETION OF THE SALE, SEHAL WILL CONTINUE TO OWN A 4.8% INTEREST IN WOODSIDE..UNIT SEHAL HAS AGREED THAT IT WILL NOT DISPOSE OF ANY OF ITS REMAINING SHARES IN WOODSIDE FOR A MINIMUM OF 90 DAYS FROM COMPLETION OF THE SELL-DOWN.  Full Article

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BP returns to solar with investment in Lightsource

BP is getting back into solar power six years after its first, failed foray, with a $200 million investment in solar generator Lightsource that the oil and gas firm expects will deliver profits and deepen its foothold in renewable energy.