Edition:
United States

Royal Dutch Shell PLC (RDSb.L)

RDSb.L on London Stock Exchange

2,563.00GBp
19 Jan 2018
Change (% chg)

-6.50 (-0.25%)
Prev Close
2,569.50
Open
2,558.50
Day's High
2,571.00
Day's Low
2,548.50
Volume
4,035,823
Avg. Vol
5,213,270
52-wk High
2,617.00
52-wk Low
2,037.00

Latest Key Developments (Source: Significant Developments)

California Water Service Says Unit Entered An $85 Million Settlement Agreement
Thursday, 21 Dec 2017 04:47pm EST 

Dec 21 (Reuters) - Chevron Corp ::CALIFORNIA WATER SERVICE SAYS ON DEC 20, UNIT ENTERED AN $85 MILLION SETTLEMENT AGREEMENT WITH DOW CHEMICAL CO, SHELL OIL CO, CHEVRON U.S.A., AMONG OTHERS.CALIFORNIA WATER SERVICE SAYS SETTLEMENT'S PROCEEDS WILL BE USED TO REIMBURSE PORTION OF COSTS ASSOCIATED WITH THE UNIT'S REMEDIATION EFFORTS - SEC FILING.  Full Article

‍Shell Petroleum Company Signed Agreement To Buy First Utility
Thursday, 21 Dec 2017 09:44am EST 

Dec 21 (Reuters) - ‍SHELL PETROLEUM COMPANY LTD ::SIGNED AGREEMENT TO BUY 100% OF FIRST UTILITY, A INDEPENDENT UK HOUSEHOLD ENERGY AND BROADBAND PROVIDER.DEAL IS SUBJECT TO REGULATORY AND OTHER APPROVALS AND IS EXPECTED TO COMPLETE IN EARLY 2018.  Full Article

Shell Says Disappointed By The Outcome OPL 245 Verdict
Wednesday, 20 Dec 2017 05:57am EST 

Dec 20 (Reuters) - Shell ::SHELL COMMENTS ON DECISION TO INDICT COMPANY OVER OPL 245 SETTLEMENT​.“WE ARE DISAPPOINTED BY THE OUTCOME OF THE PRELIMINARY HEARING AND THE DECISION TO INDICT SHELL AND ITS FORMER EMPLOYEES" ‍​."BELIEVE THE TRIAL JUDGES WILL CONCLUDE THAT THERE IS NO CASE AGAINST SHELL OR ITS FORMER EMPLOYEES".  Full Article

Eni, Shell reject corruption charges in Nigeria case
Wednesday, 20 Dec 2017 05:49am EST 

Dec 20 (Reuters) - Italian judge's decision to send Eni, Shell to trial over alleged corruption::ENI SAYS CONFIRMS COMPANY, CEO ACTED CORRECTLY IN OPL-245 NIGERIA CONCESSION DEAL.ENI SAYS BOARD CONFIRMS IT HAS FULL CONFIDENCE IN CEO.SHELL SAYS BELIEVES TRIAL JUDGES IN NIGERIA CASE WILL CONCLUDE THERE IS NO CASE AGAINST SHELL OR FORMER EMPLOYEES.SHELL SAYS THERE IS NO PLACE FOR BRIBERY OR CORRUPTION IN OUR COMPANY.  Full Article

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

No consensus analysis data available.