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Royal Dutch Shell plc (RDSA.L)

LSE - LSE Delayed Price. Currency in GBp
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1,444.80-49.80 (-3.33%)
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  • Bloomberg

    Oman Transfers Stake in Biggest Oil Block to New Energy Firm

    (Bloomberg) -- Oman’s government is transferring its stake in one of the Middle East’s largest oil blocks to a newly-established energy firm as the cash-strapped sultanate looks to use the asset to raise debt.State-owned Energy Development Oman will hold the country’s 60% stake in Block 6, according to a royal decree published on Sunday. The stake is being moved from another government company, Petroleum Development Oman.Oman, which is struggling to finance a soaring budget deficit, aims to leverage its energy assets and EDO may issue around $3 billion of bonds in the first half of 2021, Bloomberg had previously reported.Block 6, off Oman’s coast, has a production capacity of 650,000 barrels a day. Royal Dutch Shell Plc holds 34%, while Total SE owns 4%.The government appointed Haifa Al Khaifi as head of EDO last month. She joined from PDO and is also chairwoman of the Saudi Arabian unit of State Street Corp., the Boston-based custodian and money manager.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Why Oil Bulls Aren't Backing Down

    Why Oil Bulls Aren't Backing Down

    While there is still plenty of potential new oil supply on the market, particularly from OPEC+, analysts remain very bullish and banks are beginning to talk about $100 oil

  • GlobeNewswire

    Voting Rights and Capital

    Voting Rights and Capital In conformity with the Disclosure Guidance and Transparency Rules, we hereby notify the market of the following: Royal Dutch Shell plc's capital as at 26 February 2021, consists of 4,101,239,499 A shares and 3,706,183,836 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury. The total number of A shares and B shares in issue as at 26 February 2021 is 7,807,423,335 and this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Royal Dutch Shell plc under the FCA's Disclosure Guidance and Transparency Rules. Enquiries Shell Media RelationsInternational, UK, European Press: +44 (0)207 934 5550 LEI number of Royal Dutch Shell plc: 21380068P1DRHMJ8KU70Classification: Total number of voting rights and capital