The Wall Street Journal: Eni Drops Bid For Shell ‘s Iberian Gas Stations – Source
DOW JONES NEWSWIRES
June 25, 2004 11:33 a.m.
Posted 26 June 04
ROME — Italian oil and gas company Eni SpA (E) won’t bid for Royal Dutch/Shell Group’s (RD, SC) petrol stations in the Iberian peninsula, a person familiar with the situation said Friday.
The decision was made after the company was informed by press agencies that its Anglo-Dutch rival had clinched a separate deal to sell its Portuguese petrol stations to Spain’s Repsol YPF (REP), the person said.
“We’ve learned from press reports that part of Shell’s assets in the Iberian peninsula were sold. Therefore, we are not interested in a deal any more,” the person said.
The sudden decision to walk out was made only a few hours after Eni Chief Executive Vittorio Mincato had restated his interest in a deal.
“We will submit a bid by the deadline, which is about to expire,” Mincato had told reporters earlier Friday.
Corrected June 25, 2004 12:04 ET (14:04 GMT)
While Mincato was making his remarks, however, Shell announced it was selling to Repsol a network of 303 retail service stations, a 15% stake in Compania Logistica de Combustibles and distribution assets across Portugal.
Earlier Friday, answering reporters’ questions about news of the transaction between Shell and Repsol, Mincato said, “As far we’re concerned, the (selling process) is still going on. If Shell has already sold it, it means that we are not buying it.”
Shell also said it is in discussions with a number of prospective buyers with a view to divesting its Spanish retail and commercial fuels businesses and distribution assets.
-By Vittorio Alessio, Dow Jones Newswires; +39 06 678 2543; [email protected]
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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.
