Shell has released its financial results for the second quarter of 2024, beating earnings estimates and announcing a fresh buyback. The company reported lower income attributable to shareholders compared to the first quarter of 2024, primarily due to reduced LNG trading and optimisation margins, lower refining margins, and decreased margins from crude and oil products […]

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Becket Invest is a shell seeking a reverse takeover of a company involved in big data, ecommerce or online marketplaces. An established business would be preferred, but it could be one requiring urgent seed capital. The target will need to be one that will attract the interest of investors. The share price started at 2p […]

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The energy crisis took a sharp turn over the weekend, after Russian energy giant Gazprom shut down the Nord Stream 1 pipeline after three days of maintenance works. The company cited oil leaks in the pipeline as its reason for closing the supply line, however European leaders have accused Moscow of using Nord Stream 1 […]

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Shell CEO Ben van Beurden is set to resign after almost a decade in the position, according to Reuters. Two sources close to the matter apparently told the news organisation van Beurden had shortlisted four potential candidates to replace him in the leadership role. Shell head of integrated gas and renewables Wael Sawan is said […]

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Shell has come under fire for overcharging customers after overcharging 11,275 prepayment customer accounts on its default tariffs. The energy giant is set to refund £106,000 to UK consumers, which will be issued automatically to overcharged accounts. Shell will also pay £400,000 to Ofgem’s voluntary consumer redress fund and £30,970 in goodwill payments to households, […]

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The FTSE 100 kicked off a quiet day of trading in the second week of August, with the blue-chip index gaining 0.6% to 7,487.6 in early afternoon trading as the market defied the cost of living crunch and gained closer to the breakeven mark. “The summer is supposed to be a quiet time for markets […]

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Shell shares rose 1.8% to 2,156.5p in early morning trading on Thursday after the oil giant announced a bumper $11.5 billion profit in Q2 2022, representing a 26% rise against its shattering $9.1 billion intake in Q1 2022. Shell reported an adjusted EBITDA of $23.1 billion, marking a 22% leap over its $19 billion figure […]

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The FTSE 100 gained a 0.5% boost to 7,343.5 after a slate of positive results from the UK and US markets helped the FTSE 100 outperform European indices and US futures. “The FTSE 100 made some modest progress on Tuesday morning as earnings reports on both sides of the Atlantic turn from a trickle to […]

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The FTSE 100 was down 0.7% to 7,099.8 in midday trading on Thursday after commodities prices fell and dragged mining groups down. Anglo American shares declined 3.5% to 2,590p, Antofagasta dropped 1.2% to 1,029p, Endeavor slid 0.7% to 1,643.5p, Fresnillo fell 1.5% to 673.8p, Glencore decreased 1.9% to 410.3p and Rio Tinto sank 3.1% to […]

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The FTSE 100 was down marginally on Friday as the market ended the week on a tepid note, following a 5% drop over June marking the worst month for the FTSE 100 since the first shock of the Covid-19 pandemic in 2020. US markets also had a dismal June which culminated in the worst quarter […]

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Shell has seen its already impressive profits rise higher in 2022, with the oil giant reporting a tripled profit intake for Q1 and a higher dividend payout. The price of oil has surged to heights of almost $130 per barrel since the war in Ukraine kicked off in late February, and currently stands at $112 […]

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The FTSE 100 closed down 0.4% to 7,014 in Friday trading, as the market continued to lose ground after a week of central bank action. UK interest rates were hiked to 1.25%, which the market had been pricing in for weeks, however the Bank’s revised inflation estimate of 11% in Q4 this year threw investors […]

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The FTSE 100 was down 0.9% and closed at 7,532.9 on Wednesday as the price of oil fell below the $120 mark, with Brent Crude trading at $117 per barrel as OPEC signalled a possible end to its ties with Russia, sparking hopes that the organisation could start increasing production. The outcome of OPEC’s decision […]

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The FTSE 100 was up 0.2% to 7,585.4 at close of trading on Friday, as Asia-centred stocks benefited from a rally on the Hang Seng, which was up 2.8% to 20,697.3. Scottish Mortgage Investment Trust shares gained 6.1% to 791.8p, following a rebound in portfolio holdings Tencent, Meituan and Alibaba. “Better than expected updates from […]

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Bank of England governor Andrew Bailey is set to be hauled over the coals by cabinet ministers today over his approach to tackling spiking inflation rates of 7% and the Bank’s alleged failures to keep inflation within the institution’s 2% goal. Bailey will appear before the Treasury select committee later today. Meanwhile, Cabinet Ministers have […]

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Global stock markets were rocked on Thursday as the growing threat of inflation and slow growth sent equities deep into the red. The FTSE 100 as sank over 2% as UK GDP fell by 0.1% in March, raising fears of a global recession after US GDP contracted 0.4% in the first quarter. “The FTSE 100 […]

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The FTSE 100 gained on Wednesday following a shock to the energy market after Russia suspended its gas flow to Europe through Ukraine earlier today, which saw the price of Brent crude rise to $105 per barrel. The supply loss sent scarcity fears surging across the market, with Shell shares rising 1.6% to 2,270p and […]

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Shell shares were up 3.1% to 2,294.5p in early morning trading on Thursday, as the energy giant’s profits tripled on the back of surging oil prices. The escalating conflict in Ukraine sent the price of Brent crude to $110 per barrel, boosting Shell to a quarterly profit of $9.1 billion, its highest on record and […]

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FTSE 100 was trading marginally down on Thursday with mining companies’ underwhelming updates dragging the index down. Mining stocks were the FTSE 100 biggest fallers Thursday after Anglo American and Antofagasta provided updates on a Covid interrupted the first quarter of 2022. Despite broad weakness in mining companies, the FTSE 100 was trading mostly flat as […]

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Beacon Rise Holdings does not appear to want too many people to know that it has gained a standard listing. A prospectus has been published as required, but there was no indication of the float on the regulated news service. Broker Hybridan did flag the flotation. There is no broker or financial adviser mentioned in […]

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Electric Guitar is the latest shell that has joined the standard list. The plan is to be a consolidator in the digital advertising sector. Management hopes to secure an initial acquisition within 24 months. The company acquired would have an enterprise value of at least £5m. Digital privacy legislation is changing the digital marketing arena, […]

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Hambro Perks Acquisition Company Ltd was set up earlier this year to acquire a technology-enabled business. An attractive market, innovative product or service, scalability and strong management will be important in any target. Longer-term, the strategy is to make the company a global leader in its chosen sector. The attraction for investors is that the […]

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Alkemy Capital Investments offers investors a team of directors with experience in the minerals sector and of securing deals. The focus is mining and technology metals. In other words, it is another company seeking a project that can supply metals required for battery technology. Management is the important thing at the moment. Alkemy Capital is […]

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Shell produces 175,000 bpd in the region Shell has vowed to return over £5bn to its shareholders having sold out of one of the biggest oil fields in America. The FTSE 100 oil giant agreed to offload its operations in the Permian Basin to ConocoPhillips for $9.5bn. The move comes after Shell has deliberated over […]

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Shell company Acceler8 Ventures will have £450,000 after expenses to seek a suitable acquisition candidate. The £300,000 of expenses seem high, but costs will be relatively high when a company is so small. Adviser Tessera Investment Management has pocketed £100,000 in fees and previously subscribed £25,000 for a 3.3% stake.  It will be paid a […]

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Shell confirmed that higher oil prices have reduced debt burden Shell (LON:RDSA) announced on Wednesday its intention to increase shareholder payouts as the world economy continues on its path to recovery. The FTSE 100 company confirmed that, as of its Q2 announcement at the end of July, its will raise its dividend to within the […]

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The farm is still being conceptualised at this stage Shell (LON:RDSA) has established an agreement with a government company from Singapore called JTC Corp to look into developing a solar farm on a section of a landfill site in the south of Singapore, it was revealed on Thursday. The capacity of the farm on one […]

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This ruling does not mean a change, but rather an acceleration of our strategy, says Shell CEO Shell (LON:RDSB), the FTSE 100 oil giant, announced on Wednesday its intention to speed up its reduction in carbon emissions following a ruling in a Dutch court. Last month, a court in the Hague ordered Shell to reduce its […]

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Shell loses vote over climate plans at AGM Legal & General Investment Management (LGIM), one of the UK’s largest fund managers, has come out as being critical of Shell’s (LON:RDSB) efforts to tackle climate change. At Shell’s AGM last week, LGIM voted against the FTSE 100 oil giant’s energy transition strategy. The fund manager told […]

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Shell Share Price The Shell share price (LON:RDSA) is up by over 1% on Thursday as the Anglo-Dutch company announced its results for the first quarter of the year. This follows a sharp decline, from early March through to late April, when the company’s stock tumbled from 1,584p per share to 1,355p, a fall of […]

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Shell profits up by 13% to $3.2bn Shell announced on Thursday that its profits rose during Q1 as the oil giant recovered from the pandemic-induced downturn through a recovery in energy consumption and prices. Profits at the Anglo-Dutch FTSE 100 company increased by 13% to $3.2bn compared to the same period the year before. As […]

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Shell’s reserve dropped by 1.972bn barrels of oil equivalent Royal Dutch Shell (LON:RDSA) anticipates that it will have produced 75% of its current oil and gas reserves by 2030, and approximately 3% after 2040. The oil giant also said in its Energy Transition Strategy that it will put forward a non-binding shareholder vote next month. […]

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500 Shell-owned forecourts to have an average of one or two rapid chargers by 2025 Royal Dutch Shell (LON:RDSA) has confirmed its plan to install 5,000 electric vehicle chargers across the UK by 2025. The oil company is also looking to invest in slower-on-street public charging points in an effort to firm up its place […]

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Shell average output to be between 2,400,000 and 2,475,000 barrels per day Royal Dutch Shell (LON:RDSB) today confirmed that the impact of the Texas winter storm will see the company lose out on $200m in the first quarter of 2021. This is despite the crude oil price rising over the same period. Shell’s production of […]

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Shell (LON:RDSB) has confirmed its oil production and carbon emissions have peaked as the company outlined its plans to move towards clean energy production. In a statement on Thursday, the Anglo-Dutch company said it expects its oil output to decline by between 1% and 2% per year after peak production in 2019. Shell’s carbon emissions […]

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Oil continued its rally following a 2% jump on Tuesday after Saudi Arabia said it would be raising the price of oil for buyers in the US and Europe. Hopes of increased demand as economies reopened also buoyed prices. Both global and US crude benchmarks rebounded as President Joe Biden pressed ahead with the US […]

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Shell’s performance badly impacted by pandemic Shell announced a $21bn loss for the year as the pandemic decimated demand for oil. The results are a significant drop-off from 2019 when the company made a profit of $15bn. Shell’s results followed its rival BP which confirmed an overall loss of $5.69bn in 2020 earlier this week.  […]

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Hitting a nine-month high, the FTSE 100 finished the week at the front of the global equities pack, beating its Eurozone and US counterparts thanks to the continued recovery of Shell (LON:RDSA) and BP (LON:BP). Oil majors saw the UK index enjoy a happy Friday, rising 0.92%, to 6,550.23 – its highest level since the […]

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Shock, the third Monday in a row where vaccine news push value stocks higher. Though underwhelming, the AstraZeneca (LON:AZN) vaccine trial results shoved long-suffering air travel, financial and commodities stocks higher, once again. Across the FTSE 100, air travel stocks led the way, with Rolls Royce soaring 7.60%, while IAG bounced around 5.50%. Meanwhile, mining […]

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It’s little secret that FTSE 100 oil stocks have been absolutely battered in 2020, and today’s share price drops seemed to add icing to the rather underwhelming cake. If you’re confused about why today in particular is significant, here are a few reasons why it might be so. Number 1: Sluggish oil price recovery Yes, […]

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With sustainability becoming an increasingly significant consideration for discerning investors, being able to differentiate between true sustainability and merely a green veneer – or, ‘greenwashing’ – will become increasingly important as time goes on. That is why Tribe Impact Capital wants investors to know the risks of relying on ESG (Environmental, Social and Governance), and […]

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Following a torrid half-year that hit oil prices hardest, oil and gas extraction and production company Shell (LON:RDSA) saw its share price dip slightly on what was likely an already priced-in set of woeful half-year trading results. The company reported that income attributable to shareholders had flipped from an $8.99 billion profit for H1 2019, […]

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With March to May being a turbulent period for shareholders, June appeared to be the month where some semblance of usual service resumed. Though, while most companies began finding their feet again, most of their share prices were significantly below where they were at the start of the year, with a return to previous levels […]

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The FTSE 100 index (INDEXFTSE:UKX) has dipped this afternoon by 1.16%, despite being on course to record its best quarter since 2010, at the tail-end of the financial crisis. Ongoing concerns surrounding coronavirus have weighed heavily on markets for the past few weeks, and PM Boris Johnson’s announcement of a New Deal-style spending spree has […]

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Black Monday offered volley upon volley of bad news for investors, with the worst dip in global equities since the financial crash, and the biggest Dow Jones dip in its century-and-a-half-long history. With Brent Crude diving by a third and the Dow shedding 2,000 points after the open, Monday offered little in the way of […]

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Today Brent Crude was down 7% to $46.25 per barrel, a $25 price cut from the first week of 2020, and representing its lowest price since mid-2017. This came on the back of fresh talks between OPEC and Russia, on potential production cuts, with Russia apparently refusing to agree to a deal. The effect this […]

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Blue-chip oil extraction and refinement company Royal Dutch Shell (LON:RDSB) has long been known as a reliable sit and hold stock, but recently the company has been at the forefront of the Coronavirus-led commodities crash, with its share price falling at a rate not seen since the start of 2015. Value for money The company’s […]

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Egdon Resources (LON:EDR) have seen their shares spike on Tuesday after the firm noted it had partnered with an oil major. Shares in Egdon trade at 5p having spiked 2% on Tuesday. 21/1/20 14:21BST. Egdon told the market that they had partnered with Shell (LON:RDSB) on two UK gas discoveries. Egdon signed the exclusivity agreement […]

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Royal Dutch Shell Plc (LON:RDSA) have updated the market about their operations in China. The firm said on Thursday that they signed a memorandum of understanding with China National Offshore Oil Corp (HKG:0883) to build its first commercial scale polycarbonate production plant. The plant will be the first of its kind, will be situated in […]

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BP (LON:BP) has just bought Chargemaster Plc for 130 million GBP, in an effort to diversify its operations and accommodate the increasing demand for electric vehicles. The deal comes in the wake of BP announcing a five year contract with analysis engineering firm AS Mosley, and after President Trump eased tensions by calling off the […]

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