Royal Dutch Shell plc (ADR) (RDS.A) & Nigerian Oil, TOTAL S.A. (ADR) (TOT)’s Investors, Petroleo Brasileiro Petrobras SA (ADR) (PBR) on Gasoline Price

Editor’s Note: Royal Dutch Shell plc (ADR) (NYSE:RDS.A), TOTAL S.A. (ADR) (NYSE:TOT), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)

Nigerian oil thieves return to decimate output (BusinessDay)
Oil thieves are back in action, sabotaging pipelines to rob Nigeria of more than ten percent of its daily production. In the first two months of this year alone, Royal Dutch Shell plc (ADR) (NYSE:RDS.A). and other oil companies have declared three force majeures, a legal clause that allows them to miss contracted deliveries due to circumstances beyond their control. The thefts threaten to outpace the worst year, 2009, at the height of the insurgency by militants in the Niger Delta. “The situation in the last few weeks is unprecedented,” Shell Nigeria’s Managing Director Mutiu Sunmonu said yesterday in an e-mailed statement. “The volume being stolen is the highest in the last three years; over 60,000 barrels per day from Shell alone.”

Total SA (ADR) (NYSE:TOT)

TOTAL S.A. (ADR) (TOT): 1 Big Bullish Sign To Buy (Insider Monkey)
TOTAL S.A. (ADR) (NYSE:TOT) is one of the most popular foreign oil stocks among U.S. investors. Are you surprised to find that the world’s smartest investors were bulking up on it heavily last quarter? When using filings from the hedgies we track, International Value Advisers, managed by Charles de Vaulx, holds the most valuable position in TOTAL S.A. (ADR) (NYSE:TOT). International Value Advisers has a $183.6 million position in the stock, comprising 4.9% of its 13F portfolio. Coming in second is Seminole Capital (Investment Mgmt), managed by Michael Messner, which held a $94.3 million position; 5.3% of its 13F portfolio is allocated to the stock.

Royal Dutch Shell plc: Buyback of Own Shares (SYS-CON Media)
Royal Dutch Shell plc (ADR) (NYSE:RDS.A) announces that on 22 August, 2013 it purchased for cancellation 167,500 “B” Shares at a price of 2126.47 pence per share. Following the cancellation of these shares, the remaining number of “A” Shares of Royal Dutch Shell plc will be 3,821,611,712 and the remaining number of “B” Shares of Royal Dutch Shell plc will be 2,516,772,120.

Petrobras Rallies on Gasoline Price Increase Reports: Rio Mover (Businessweek)
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), the state-run crude producer, rose to the highest in more than two months on speculation the government will raise gasoline and diesel prices to stem losses from fuel imports. Petrobras, as the Rio de Janeiro-based company is known, rose 4 percent to 18.03 reais at 11 a.m. in Sao Paulo, heading to the highest close since June 17. The rise pares its loss this year to 7.5 percent, less than the 16 percent drop in the benchmark Ibovespa.

Chevron Corporation (CVX), Royal Dutch Shell plc (ADR) (RDS.A), Linn Energy LLC (LINE): How Solar Power is Saving Middle East Oil (Insider Monkey)
Several global oil companies including Chevron Corporation (NYSE:CVX) and Royal Dutch Shell plc (ADR) (NYSE:RDS.A) are looking into projects to produce oil from solar. In Chevron’s case, it launched a demonstration project to help determine the feasibility of using solar for EOR. It is now considering its next steps which could include using solar EOR in fields located in Kuwait and Saudi Arabia. In Royal Dutch Shell plc (ADR) (NYSE:RDS.A)’s case, it went directly to the source and took a stake in Glass Point last year. It too is looking where best to apply the technology to increase production.

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