Shell Share News (SHEL)

Shell to exit South Africa's downstream businesses

CAPE TOWN, May 6 (Reuters) - Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday.

Tanzanian LNG project delayed as government seeks to change terms

LONDON, May 6 (Reuters) - Negotiations for the development of Tanzania's $42 billion liquefied natural gas export plant have been delayed by proposed government changes to a financial agreement reached last year, a government spokesperson and two company sources said.

Tanzanian LNG project delayed as government seeks to change terms, sources say

LONDON, May 6 (Reuters) - Negotiations for the development of Tanzania's $42 billion liquefied natural gas export plant have been delayed by proposed government changes to a financial agreement reached last year, two sources from companies involved in the project said.

Oil majors offered faster Nigerian exit if they pay for cleanup

ABUJA, May 3 (Reuters) - Major oil companies such as Exxon Mobil and Shell that aim to exit Nigeria's onshore oil can get quicker approval to do so if they take responsibility for spills rather than wait for authorities to apportion blame, the regulator said on Friday.

Europe Gasoline/Naphtha-Gasoline cracks rise as exports pick up

LONDON, May 3 (Reuters) - Northwest European gasoline refining margins rose slightly to $23.2 a barrel on Friday after ARA stocks dropped with exports to North America gaining pace.

Trade    Bid      Offer    Prev.    Buyer    Seller
Ebob                                  $915 
Barges 
MOC 
Platts E5 
(fob ARA) 
<EUROBOB- 
ARA> 
Ebob 
Barges 
E10 
Platts(fo 
b ARA) 
Ebob       $896-$8                    $896-$8  BP,      Gunvor 
Barges     96.25                      99       Litasco 
Argus                                 (8KT) 
E5(fob 
AR) 
Ebob       $882-$8                    $883-$8  P66, BP  Varo, 
Barges     82.25                      84                Total 
E10 Argus                             (10KT) 
(fob AR) 
June swap  $862.50                    $865.25 
(fob ARA) 
Premium    $876                       885.00-  Vitol    Trafigu 
Unleaded                              $888.50           ra, 
(fob ARA)                             (21               Litasco 
<PU-10PP-                             barges) 
ARA> 
Cargoes             May 
(fob MED)           +$15 
Cargoes                      $908 
(cif NEW)                    (Thames 
) 
Naphtha             May +$6 
(cif NEW) 
<NAF-C-NW 
E> 
 
 Ebob crack (per barrel)   $23.15         Prev. $22.81 
Brent futures 
Rbob 
Rbob crack                <RBc1-CLc1>

Oil majors offered faster Nigerian exit if they pay for cleanup

ABUJA/LAGOS, May 3 (Reuters) - Majors such as Exxon Mobil and Shell that aim to exit Nigeria's onshore oil can get quicker approval to do so if they take responsibility for spills rather than wait for authorities to apportion blame, the regulator said on Friday.

British regulator awards more North Sea oil and gas licences

NSTA awards 31 new licences aimed at boosting output

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Shell's Q1 performance "encouraging", says RBC

(Sharecast News) - RBC Capital Markets has raised its forecasts for Shell and kept an 'outperform' rating, saying the business was "firing on most cylinders" in the quarter.

US stands to lose Canadian natural gas when LNG Canada terminal starts up

May 3 -

LONDON BROKER RATINGS: Jefferies cuts AJ Bell; Deutsche likes ConvaTec

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Shell smashes forecasts with $7.7 bln quarterly profit

Shell announces further $3.5 bln in buybacks

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Europe Gasoline/Naphtha-Gasoline cracks dip despite European stock draw

LONDON, May 2 (Reuters) - Northwest European gasoline refining margins slipped to $21.67 a barrel on Thursday, even as European gasoline stocks dipped and oil edged back toward seven-week lows.

Trade    Bid      Offer    Prev.    Buyer    Seller
Ebob                                  $915 
Barges 
MOC 
Platts E5 
(fob ARA) 
<EUROBOB- 
ARA> 
Ebob 
Barges 
E10 
Platts(fo 
b ARA) 
Ebob       $896-$8                    $905.25  Litasco  Gunvor, 
Barges     99                         -906     ,        Exxon, 
Argus      (8KT)                      (8KT)    Shell,   Mabanaf 
E5(fob                                         Glencor  t 
AR)                                            e 
Ebob       $883-$8                    $887.75  Shell,   Varo, 
Barges     84                         (6KT)    Exxon,   Totsa 
E10 Argus  (10KT)                              Musket 
(fob AR) 
May swap   $865.25                    $875 
(fob ARA) 
Premium    885.00-                    $902-90  Litasco  Trafigu 
Unleaded   $888.50                    5 (5     , Varo,  ra, 
(fob ARA)  (21                        barges)  Vitol    Gunvor 
<PU-10PP-  barges) 
ARA> 
Cargoes             May 
(fob MED)           +$15 
Cargoes 
(cif NEW) 
Naphtha             May +$6 
(cif NEW) 
<NAF-C-NW 
E> 
 
 Ebob crack (per barrel)   $21.674        Prev. $23.184 
Brent futures 
Rbob 
Rbob crack                <RBc1-CLc1>

FTSE 100 boosted by strong earnings from Shell, StanChart

StanChart jumps after posting a 5.5% rise in pretax profit

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London close: Stocks rise on back of well-received earnings

(Sharecast News) - London's stocks finished with gains on Thursday, fuelled by strong performances from key players like Standard Chartered and Smurfit Kappa.

LONDON MARKET MIDDAY: FTSE 100 shines but "mixed feelings" after Fed

(Alliance News) - London's FTSE 100 was solidly higher on Thursday, outperforming European peers, as earnings from the likes of Shell and Standard Chartered impressed.