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Royal Dutch Shell PLC Add to portfolio

LON100:RDSA, Sep 26, 09:38 UTC

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ROYAL DUTCH SHELL PLC - Transaction in Own Shares

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Royal Dutch Shell plc (the ‘Company’) announces that on September 25, 2018 it purchased the following number of "A" Shares for cancellation. Aggregated information on “A” shares purchased according to trading venues:. In respect of this programme, Citigroup Global Markets Limited will make trading decisions in relation to the Company’s securities independently of the Company for the period July 26, 2018 up to and including October 25, 2018. Any such acquisitions will be effected within certain pre-set parameters, and in accordance with the Company's general authority to repurchase shares, Chapter 12 of the Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes and the Commission Delegated Regulation (EU) 2016/1052.

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Shell selects E.ON to operate Texas Wind Farm

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HOUSTON, Sept. 25, 2018 /PRNewswire/ -- Brazos Wind Ventures, LLC, a subsidiary of Shell Wind Energy ("Shell"), has signed an operations and maintenance contract with E.ON Energy Services LLC (EES) for its site near Fluvanna, Texas. E.ON will perform scheduled maintenance and trouble-shooting for the site in daily coordination with Brazos. "Shell is a responsible and experienced owner of wind farms with which E.ON is excited to forge a collaborative working relationship," said John Franklin, Senior Vice President E.ON North America Operations. We expect to see other owners follow Shell's lead in exploring this approach," Franklin added. "As an owner ourselves, we understand how important it is to control costs and maintain production. We are confident this partnership will help Brazos accomplish both."

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In Nigeria, Shell finds there's no easy way out

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Gloom in newsrooms as Hungary's independent media recedes - 01:44. China says U.S. putting 'knife to its neck', hard to proceed on trade - 01:48. OPEC's Trump rebuff sets oil prices soaring - 01:50. Royal Dutch Shell wants to shift its operations in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued the West African country's onshore industry for decades.

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Shell CEO says $80 oil supports energy infrastructure investment, even as steel quotas raise costs

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Shell CEO says $80 oil supports energy infrastructure investment, even as steel quotas raise costs. The Trump administration's steel quotas present a challenge to building new oil and gas infrastructure in the United States, but rising crude prices help fuel investment, Royal Dutch Shell CEO Ben van Beurden tells CNBC. International benchmark Brent crude hit a nearly four-year high above $81 a barrel on Monday as the market braces for U.S. sanctions on Iran that threaten to wipe about 1 million barrels a day off the market. Brent's multiyear high came after OPEC, Russia and other oil producers declined to boost output to tackle rising prices. While van Beurden says the market is not running out of oil, he believes supplies are getting tight as crude stockpiles fall to normal levels after several years of oversupply and as oil producers get closer to pumping at maximum capacity.

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Monday, September 24


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Shell's Norco Louisiana refinery gasoline unit out of production -sources

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Shell's Norco Louisiana refinery gasoline unit out of production -sources. Sept 24 (Reuters) - Royal Dutch Shell Plc (LSE: 0LN9.L - news) took the gasoline-producing unit out of production at its 218,200-barrel-per-day (bpd) Norco, Louisiana, refinery following a malfunction on Monday, said sources familiar with plant operations. The gasoline-producing catalytic cracking unit was on circulation while repairs are being made, the sources said. A unit on circulation is not producing product, but remains at operating temperature and is circulating feed so it can quickly resume normal operation.

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ROYAL DUTCH SHELL PLC - Transaction in Own Shares

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Royal Dutch Shell plc (the ‘Company’) announces that on September 24, 2018 it purchased the following number of "A" Shares for cancellation. Aggregated information on “A” shares purchased according to trading venues:. In respect of this programme, Citigroup Global Markets Limited will make trading decisions in relation to the Company’s securities independently of the Company for the period July 26, 2018 up to and including October 25, 2018. Any such acquisitions will be effected within certain pre-set parameters, and in accordance with the Company's general authority to repurchase shares, Chapter 12 of the Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes and the Commission Delegated Regulation (EU) 2016/1052.

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Shell (RDS.A) to Sell Stakes in GoM's Caesar Tonga Field? - September 24, 2018

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Notably, Caesar Tonga field is jointly held by Anadarko Petroleum corporation APC, Shell, Equinor ASA EQNR and Chevron Corporation CVX, with Shell owning 22.5% interest.The divestment is in line with Shell's strategy to steer clear of debt stemming from its $50-billion acquisition of BG Group. With Shell already wrapping up transactions worth $27.5 billion, the company remains focused to meet its $30-billion target by 2018. The group's disposal program — though successful in reducing costs and enhancing cash flow of the company — could further affect volume growth.Headquartered in Netherlands, Shell is one of the largest integrated energy companies engaged in production, refining, distribution, and marketing of oil and natural gas. Click to get this free report Royal Dutch Shell PLC (RDS.A) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report Anadarko Petroleum Corporation (APC) : Free Stock Analysis Report Statoil ASA (EQNR) : Free Stock Analysis Report To read this article on Zacks.com click here.

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TIMELINE-Shell's operations in Nigeria

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LONDON, Sept 23 (Reuters) - Royal Dutch Shell pioneered Nigeria's oil and gas industry and remains a major investor in the West African country. But over the decades it has come under fire over spills in the Delta region and struggles with oil theft, corruption and oil-fueled violence. Over time, the Nigerian National Petroleum Corporation comes to own 55 percent, Shell owns 30 percent, France’s Total owns 10 percent and Italy’s Eni 5 percent. 1990 - The Movement for the Survival of the Ogoni People (MOSOP), led by firebrand environmental rights activist Ken Saro-Wiwa, starts campaigning for a fairer share of oil wealth for the Ogoni people living on oil fields and compensation for environmental damage. April 1993 - Shell forms Shell Nigeria Exploration and Production Company Limited (SNEPCo), which signs Production Sharing Contracts to develop offshore oil and gas interests.

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In Nigeria, Shell’s onshore roots still run deep

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BODO, Nigeria, Sept 23 (Reuters) - Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued the West African country's onshore industry for decades. But for the company that pioneered Nigeria's oil industry in the 1950s, the Niger Delta remains as important -- and problematic -- as ever. While Shell has cut onshore oil production and sold some onshore assets, it continues to invest in others. In fact, onshore production has risen in recent years as a share of Shell's output in Nigeria, an analysis of company data over the past decade shows. Much of the increase comes from less polluting gas, used mainly in power generation, which Shell thinks will be key to the transition to lower carbon energy. The company still controls thousands of kilometres of pipelines connecting inland fields to coastal terminals through its subsidiary, Shell Petroleum Development Co of Nigeria (SPDC), however. So while SPDC has cut oil production in the Delta by 70 percent since 2011, when it first started reporting data on spills, the incidence of spills and theft from pipelines has fallen at a much lower rate and has picked up again recently, the data shows.

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In Nigeria, Shell’s onshore roots still run deep

RDSB RDSA +1 more RDSB RDSA TRI

BODO, Nigeria, Sept 23 (Reuters) - Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued the West African country's onshore industry for decades. But for the company that pioneered Nigeria's oil industry in the 1950s, the Niger Delta remains as important -- and problematic -- as ever. While Shell has cut onshore oil production and sold some onshore assets, it continues to invest in others. In fact, onshore production has risen in recent years as a share of Shell's output in Nigeria, an analysis of company data over the past decade shows. Much of the increase comes from less polluting gas, used mainly in power generation, which Shell thinks will be key to the transition to lower carbon energy. The company still controls thousands of kilometres of pipelines connecting inland fields to coastal terminals through its subsidiary, Shell Petroleum Development Co of Nigeria (SPDC), however. So while SPDC has cut oil production in the Delta by 70 percent since 2011, when it first started reporting data on spills, the incidence of spills and theft from pipelines has fallen at a much lower rate and has picked up again recently, the data shows.

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