Replies to post #8582 on The Rising Influence of Rising Affluence

[DewDiligence]

Shell’s 6-K filing confirms that the proposed midstream spin-off (SHLX) will consists of shares in an MLP:

http://www.sec.gov/Archives/edgar/data/1306965/000130901414000421/htm_8676.htm

[DewDiligence]

Shell plans to retain a majority stake in the planned midstream MLP—i.e. Shell will IPO shares of the MLP but it will remain the general partner and will not distribute MLP shares to existing Shell shareholders:

http://online.wsj.com/articles/shell-midstream-applies-for-u-s-ipo-1403089997

Shell is the first Big Oil company to spin off an MLP, according to the above article.