Financial Times: In real world Shell is not shrinking
By Peter Odell
Published: May 1 2004 5:00 | Last Updated: May 1 2004 5:00
From Prof Peter R. Odell.
Sir, Your energy correspondent’s critique of Shell’s “overbooking” of reserves and her portrayal of the company as “in danger of falling off a cliff” goes far beyond the realm of reality (“Worrying problem of the shrinking Shell”, FT Money & Business April 24-25). Shell depends on its own reserves for only 30 per cent of its global oil sales. For the other 70 per cent it relies on crude oil and oil products either purchased from state oil companies around the world or bought on the traded markets in London, Singapore and New York.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
