|Bid||2,340.00 x 216300|
|Ask||2,490.00 x 249300|
|Day's Range||2,449.00 - 2,489.50|
|52 Week Range||1,982.50 - 2,579.50|
|PE Ratio (TTM)||1,592.31|
|Forward Dividend & Yield||1.36 (5.73%)|
|1y Target Est||N/A|
By Danilo Masoni and Kit Rees MILAN/LONDON (Reuters) - The UK's top share index rose on Thursday as surging crude oil prices boosted commodity stocks and Shire's shares jumped as bid talk heated up. The ...
Italian energy group Eni (ENI.MI) is considering stepping up its investment in nuclear fusion, potentially doubling down on a technology considered so uncertain that Eni remains the only global oil company prepared to place a bet on it. Eni and bigger rivals such as Shell (RDSa.L) and BP (BP.L) have been looking at moving into renewable energy as climate change, the falling cost of solar and wind power and a shift to electric vehicles raise doubts over long-term demand for oil. Eni last month committed $50 million (35.24 million pounds) to one of several projects aiming to produce energy by fusing atoms at temperatures as hot as the sun, a process seen by doubters as still closer to science fiction than commercial reality.
The miner cut its fiscal 2018 production guidance to between 272-274 million tonnes of iron ore from 275-280 million tonnes. BHP, the world's biggest miner, said its copper production target was affected by a "slower than planned" ramp-up in production during the March quarter at its Olympic Dam facility in South Australia. BHP's iron ore output rose to 67 million tonnes in the three months ended March 31, compared with 62 million tonnes a year ago.
LONDON/AMSTERDAM (Reuters) - Dutch energy company Eneco is working with investment bank Citi (C.N) to advise on its privatisation, which should kick off soon, three sources familiar with the matter said. The U.S. investment bank joins ABN Amro (ABNd.AS), which advises the company's management, and boutique firm Aperghis, working with shareholders, and will take instruction from both the company and the owners as they move forward to resolve a long-standing conflict, one of the sources said.
Oil company Total (TOTF.PA) said it will buy a majority stake in French electricity retailer Direct Energie (DIREN.PA) in a 1.4 billion euro ($1.73 billion) deal that beefs up its challenge to state-owned market leader EDF (EDF.PA). The deal is part of Total's strategy to grow its low-carbon energy assets to 20 percent of total assets by 2035 from 5 percent today and comes as other global oil and gas majors also shift to more renewable energy and electricity. "This friendly takeover is part of the group's strategy to expand along the entire gas-electricity value chain and to develop low-carbon energies," CEO Patrick Pouyanne said.
Anglo American Platinum (AMSJ.J) said on Wednesday it had invested an unspecified amount in High-Yield Energy Technologies (HyET), a Dutch technology company, as part of its drive to promote fuel cell vehicles which require platinum catalysts. A global push for lower-emission transport raises the prospect of weaker demand for platinum, whose biggest industrial use is in diesel vehicles. Other big miners are positioning themselves for the shift from the combustion engine by betting on lithium and cobalt used in electric vehicle batteries.
NEW YORK, April 17, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
ALEXANDRIA, Egypt (Reuters) - Royal Dutch Shell (RDSa.L) said it will resume deep-water exploration for oil and gas off Egypt's Mediterranean coast, Executive Vice President Sami Iskander told a news conference ...
* Malaysia will export 10 cargoes of the Kimanis grade of crude oil in June, down 1 cargo from the previous month, trade sources said on Tuesday * Malaysia's Petronas will export four cargoes, while Royal ...
SINGAPORE, April 17 (Reuters) - * Malaysia will export 10 cargoes of the Kimanis grade of crude oil in June, down 1 cargo from the previous month, trade sources said on Tuesday * Malaysia's Petronas will ...
Most of the $8bn poured into wind, solar and biofuels by BP during the Browne era was written off in the end because, as Mr Dudley recalled, it had been done in the mistaken belief that policymakers “would begin to look at climate change and create the right incentives” for green energy to develop.
China's shale gas production will likely reach 17 billion cubic metres (bcm) in 2020, nearly double the 2017 level, as local oil companies make big progress with drilling technology and cost cutting, consultancy Wood Mackenzie said in a note on Tuesday. Nearly 700 new wells will come onstream between 2018 and 2020 at three key projects - Sinopec's Fuling, and PetroChina's Changning-Weiyuan and Zhaotong - all located in the country's southwest, and at a total cost of $5.5 billion, Woodmac estimated. Woodmac has separately forecast China's LNG imports will increase by a quarter to nearly 49 million tonnes this year, from record highs in 2017.
UK shares eased on Monday morning, with two corporate events taking centre stage: CEO Martin Sorrell's exit from advertising company WPP and U.S. hedge fund Elliott Management raising its stake in hotel and coffee-shop operator Whitbread. The blue chip FTSE 100 index (.FTSE) ended the session down 0.9 percent at 7,198.20 points, with traders across Europe remaining cautious, fearing that the weekend's missile strikes in Syria could increase tensions between the United States and Russia.
Saudi Aramco's downstream profit lagged major rivals in the first half of 2017, Bloomberg reported on Monday. Aramco made almost all of its profit in upstream during the period, with downstream delivering just $842 million (588.89 million pounds) in net income, compared with a loss of $484 million in the first half of 2016, Bloomberg said, citing accounting data. The financial data did not explain why Aramco trailed other oil firms in downstream, Bloomberg said.
A fight over the planned privatisation of Dutch energy company Eneco resurfaced on Monday as its works council called for an inquiry after the company announced that its CEO will step down in September. A large majority of the company's 53 municipal shareholders voted in October to privatise Eneco, while CEO Jeroen de Haas and works council chairman Willem Hofman had lobbied against it and pressed for conditions including preservation of its profile as a renewables-focused business.
Chief Executive Officer Ben van Beurden has the same message for activists seeking to bind Royal Dutch Shell Plc to deep emissions cuts, and investors concerned about the merits of shifting away from oil ...
Royal Dutch Shell (RDSa.L) defended its ambition to cut carbon emissions on Monday, urging investors to oppose a shareholder resolution arguing that the oil and gas giant is not doing enough to meet international targets to tackle climate change. Last November, Shell outlined plans to halve carbon emissions from its operations and sales of its fuels by 2050, responding to stepped-up investor pressure with what is seen as one of the most ambitious goals in the sector.
Royal Dutch Shell defended its ambition to cut carbon emissions on Monday, urging investors to oppose a shareholder resolution arguing that the oil and gas giant is not doing enough to meet international targets to tackle climate change. Last November, Shell outlined plans to halve carbon emissions from its operations and sales of its fuels by 2050, responding to stepped-up investor pressure with what is seen as one of the most ambitious goals in the sector.
Today we’re going to take a look at the well-established Royal Dutch Shell plc (ENXTAM:RDSA). The company’s stock saw a double-digit share price rise of over 10% in the pastRead More...
LONDON , April 16, 2018 /PRNewswire/ -- Royal Dutch Shell plc (the "Company") (NYSE:RDS.A) (NYSE: RDS.B) announces that its 2018 Annual General Meeting ("AGM") will be held at the Circustheater, ...
Royal Dutch Shell has urged shareholders to reject a resolution from activist investors that would tie the Anglo-Dutch energy group to firm targets for cutting carbon emissions from its products, even ...
Tanzania has invited bids for consultancy services to help the government conclude negotiations with a group of international oil firms on a deal for the construction of a proposed liquefied natural gas (LNG) plant. Tanzania boasts estimated recoverable reserves of over 57 trillion cubic feet (tcf) of natural gas. Construction of an LNG export terminal has however been held up by regulatory delays.