Shell to Sell 25% Of Its UK Petrol Stations

Shell to Sell 25% Of Its UK Petrol Stations

Apr 14th, 2015 

by John Donovan. 

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By: MICHEAL KAUFMAN: Published: Apr 14, 2015 at 8:11 am EST

Royal Dutch Shell plc (ADR) (NYSE:RDS.A) has agreed to sell 25%, or 185, of its petrol stations in the UK. The sale of the petrol stations is part of the company’s cost-cutting strategy amid the declining crude oil price. Another strategy of the company is to grow its fuel dealer network instead of owing the retail outlets directly.

As reported by the Guardian, last year in September, Shell had indicated intentions of selling 250 of its petrol stations and cutting the total number of 1,000 petrol stations it owned by 50%.

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Posted in: BG Group, Bidness Etc, BP, Oil, Royal Dutch Shell Plc, Shell.
Tagged: BG Group · BP · Royal Dutch Shell Plc

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A Frank Discussion On Royal Dutch Shell’s Dividend

A Frank Discussion On Royal Dutch Shell’s Dividend

Apr 14th, 2015 

by John Donovan. 

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SeekingAlpha.com article published 13 April 2015

A Frank Discussion On Royal Dutch Shell’s Dividend

Summary

• Before the BG acquisition, Royal Dutch Shell had a dividend payout ratio of 90% for 2015.
• The acquisition of BG Group will put Shell on the hook for $15 billion in annual dividends as BG shareholders will own 19% of the company.
• Royal Dutch Shell has built up a large cash position and indicated a desire to maintain the current dividend for the rest of 2015, making no dividend promises thereafter.

Before Shell (NYSE:RDS.B) announced an intention to purchase BG Group (OTCQX:BRGYY), the downtick in oil prices had created a very thin gap between the company’s dividend payout obligations and annual profits. Shell is on the hook for paying $11.8 billion in annual dividends to shareholders. For most of the past five years, this high dividend payout wasn’t an issue — Shell made well over $20 billion in profits annually between 2010 and 2012, so the current payout wouldn’t have even consumed half of the profits.

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Posted in: BG Group, Exxon Mobil, Gas, Royal Dutch Shell Plc.
Tagged: ExxonMobil · Gas · Royal Dutch Shell Plc · Seeking Alpha

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Shell’s Artic Fate To Be Decided Soon

Shell’s Artic Fate To Be Decided Soon

Apr 14th, 2015 

by John Donovan. 

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Article by Andy Tully published Monday 13 April 2015 by OilPrice.com

The US government has begun its full review of an application by Royal Dutch Shell to resume offshore drilling for oil and gas in the Arctic Ocean off the Alaskan coast.

The US Bureau of Ocean Energy Management (BOEM), an arm of the Interior Department, said April 10that it had satisfactorily finished its initial review of Shell’s application, submitted March 31, to drill in the Chukchi Sea and now could begin its final analysis.

The Anglo-Dutch energy company has a lease on drilling rights in the region and plans to drill an exploratory well there this summer. Besides getting the BOEM’s approval, it must also undergo federal reviews of its plans for worker safety, the protection of indigenous wildlife and plans for the disposal of wastewater.

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Posted in: Alaska, Arctic, Beaufort Sea, Chukchi Sea, Environment, Greenpeace,Litigation, Oil, Oil Spill, Royal Dutch Shell Plc, United States.
Tagged: Alaska · Arctic Ocean · Beaufort Sea · Chukchi Sea · Oil · OilPrice.com

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Judge orders Greenpeace away from Shell vessels

Judge orders Greenpeace away from Shell vessels

Apr 14th, 2015

by John Donovan. 

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ARTICLE BY TIM BRADNER PUBLISHED BY ALASKA JOURNAL OF COMMERCE 13 APRIL 2015

The free ride is over for six Greenpeace activists who hitched a ride mid-Pacific on the Shell-chartered Blue Marlin, a heavy-lift ship carrying the semi-submersible rig Polar Pioneer to the Pacific Northwest, its way-stop on the rig’s journey to drill in the Chukchi Sea.

The protesters quit the rig shortly before U.S. District Court Judge Sharon Gleason issued a Temporary Restraining Order late Saturday blocking Greenpeace from interfering with the Blue Marlin, the Polar Pioneer or the drillship Noble Discoverer, also en route to the Northwest.

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Posted in: Alaska, Arctic, Beaufort Sea, Chukchi Sea, Environment, Greenpeace,Litigation, Oil, Royal Dutch Shell Plc.
Tagged: Alaska · Arctic Ocean · Beaufort Sea · Gas · Oil · Royal Dutch Shell Plc

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How Will Exxon Mobil Fare After The Shell-BG Deal?

How Will Exxon Mobil Fare After The Shell-BG Deal?

Apr 14th, 2015

by John Donovan. 

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SeekingAlpha.com article published 13 April 2015

How Will Exxon Mobil Fare After The Shell-BG Deal?

Summary

• It seems as though Exxon Mobil could be the next integrated oil company in line to announce a merger.
• According to Credit Suisse, it is possible that Shell, post-merger, could surpass Exxon Mobil as the largest publicly traded producer three years from now.
• Exxon’s better position in terms of reserve replacement might be able to placate some investor concerns relating to future growth of the company.
• PetroChina was able to marginally leave behind Exxon’s $352.6 billion capitalization, as the former’s capitalization stood at $0.2 billion higher.
• I believe that deal or no deal, Exxon is one of the best picks for your portfolio for the long run, mainly because of its project portfolio and bright prospects.

Following the announcement of the Shell (RDS.A, RDS.B)-BG Group (OTCPK:BRGXF, OTCQX:BRGYY) merger, it seems as though Exxon Mobil (NYSE:XOM) could be the next integrated oil company in line to announce a merger. And why shouldn’t it? The company seems to be in a position of financial strength that most of its competitors lack. Moreover, in the current volatile environment, a merger seems to be a better option to expand the company’s production base as opposed to undertaking drilling activities to fuel growth in production, going forward.

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Posted in: BG Group, China, Exxon Mobil, Gas.
Tagged: BG Group · ExxonMobil · Gas · Royal Dutch Shell Plc

The TRUTH will set you FREE.