The Wall Street Journal: Shell Will Take Quarterly Charge Of $330 Million
“reserves-booking scandal this year exposing Shell’s need for new reserves”
By MARK LONG
DOW JONES NEWSWIRES
July 2, 2004
LONDON — Royal Dutch/Shell Group said it will take a $330 million (€270.7million) charge to its second-quarter earnings for unsuccessful exploration on assets inherited in its 2002 purchase of Enterprise Oil. The company also announced the planned sales of a number of downstream assets in the U.S., Peru and Spain, in a move seen as a signal that Shell is following through on intentions to boost returns.
Shell was criticized by some observers as overpaying in its $5 billion purchase of Enterprise, which brought producing and exploration areas in the North Sea, Brazil and the Gulf of Mexico under Shell’s aegis.
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.
