Shell Share News (SHEL)

TOP NEWS: Shell launches fresh buyback as lower earnings top forecasts

(Alliance News) - Shell PLC on Thursday announced a new USD3.5 billion share buyback, alongside lower first quarter earnings which nonetheless beat market expectations.

LONDON MARKET OPEN: FTSE 100 up as Powell keeps lid on hawkishness

(Alliance News) - London's FTSE 100 opened in the green on Thursday, with markets breathing a sigh of relief after Federal Reserve Chair Jerome Powell came across less hawkish than some feared.

LONDON BRIEFING: Shell unveils USD3.5 billion buyback; Melrose bullish

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, after the Federal Reserve left rates unmoved and Chair Jerome Powell came across less hawkish than feared.

Shell Q1 beats estimates as profit hits $7.7bn, launches $3.5bn buyback

(Sharecast News) - Oil and gas giant Shell on Thursday reported much better-than-expected first-quarter earnings on the back of higher margins from crude and oil products trading and also unveiled a new $3.5bn share buyback.

Intervene, rinse, repeat

A look at the day ahead in European and global markets from Tom Westbrook

Sudden yen rallies and a 5.5 trillion yen ripple in Japan's money markets seem to put us in the midst of another round of intervention. The latest yen surge came in the thin morning of the Asia day, an hour after daybreak in Wellington.

Sector movers: Oil, Autos drag on FTSE 350

(Sharecast News) - Weakness in the oil patch and among select cyclicals dragged on the FTSE 350 in the middle of the week.

Europe Gasoline/Naphtha-Gasoline cracks rise despite surprise US stock build

LONDON, May 1 (Reuters) - Northwest European gasoline refining margins rose by 80 cents to $23.03 a barrel on Wednesday, even as U.S. gasoline stocks registered a surprise build in the week to April 26 according to the Energy Information Administration (EIA).

Trade    Bid      Offer    Prev.    Buyer    Seller
Ebob                                  $915 
Barges 
MOC 
Platts E5 
(fob ARA) 
<EUROBOB- 
ARA> 
Ebob 
Barges 
E10 
Platts(fo 
b ARA) 
Ebob       $905.25                    $928.50  Litasco  Gunvor, 
Barges     -906                       ,        , Shell  Varo, 
Argus      (8KT)                      $932.25           ExxonMo 
E5(fob                                                  bil 
AR) 
Ebob       $887.75                    $917.50  Phillip  Varo, 
Barges     (6KT)                      ,        s 66,    Mabanaf 
E10 Argus                             $925.50  Musket   t 
(fob AR) 
May swap   $875                       $914 
(fob ARA) 
Premium    $902-90                    $923-$9  Varo     Trafigu 
Unleaded   5 (5                       25                ra, 
(fob ARA)  barges)                                      Gunvor 
<PU-10PP- 
ARA> 
Cargoes 
(fob MED) 
Cargoes 
(cif NEW) 
Naphtha             May 
(cif NEW)           flat 
<NAF-C-NW 
E> 
 
 Ebob crack (per barrel)   $23.03         Prev. $22.23 
Brent futures 
Rbob 
Rbob crack                <RBc1-CLc1>

Canada's long-delayed Trans Mountain oil pipeline starts operations

May 1 (Reuters) - After 12 years and C$34 billion ($25 billion), Canada's Trans Mountain pipeline expansion project (TMX) began commercial operations on Wednesday, a major milestone expected to transform access to global markets for the country's producers.

UK's FTSE 100 slips ahead of Fed outcome, energy stocks weigh

FTSE 100 down 0.3%, FTSE 250 off 0.2%

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Shell exits China power market businesses

LONDON, May 1 (Reuters) - Shell has exited China's power markets as part of CEO Wael Sawan's drive to focus on more profitable operations including its natural gas and oil businesses.

Norway's wealth fund falls short on climate ambitions, NGO says

OSLO, April 29 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, the world's largest, is falling short on its climate ambitions by failing to back multiple shareholder proposals pushing oil companies to cut their greenhouse gas emissions, a non-governmental organization said in a report said on Monday.

Namibia's NAMCOR signs deal with Chevron to develop offshore block

CAPE TOWN, April 29 (Reuters) - Namibia's national oil company (NAMCOR) has signed a development deal with Chevron that will see the U.S. oil major take an 80% operating working interest in an offshore block in the Walvis Basin, NAMCOR said on Monday.

Climate groups picket Swiss National Bank's shareholder meeting over its investments

BERN, April 26 (Reuters) - Climate campaigners picketed the Swiss National Bank's shareholders meeting on Friday to protest against the central bank's investments in companies they say damage the environment and carry out fracking.

UK earnings, trading statements calendar - next 7 days

Namibia excites oil firms by opening up new frontier basin

WINDHOEK, April 24 (Reuters) - Oil companies are flocking to Namibia, excited by the country's plans to open up a major new frontier basin with recent offshore finds ranking among the largest this century.