THE WALL STREET JOURNAL: Total Chairman: Pricey Oil Rivals Not A Good Buy Bargain
“I won’t even mention Shell,” Desmarest said at a strategy briefing.: “Total was not at the origin of the merger (speculation),” he said.
DOW JONES NEWSWIRES
Posted 9 Sept 04
PARIS — French energy giant Total SA (TOT) Wednesday said it has little appetite for big acquisitions in the short-term as top-of-the-cycle sector conditions mean there are few bargains available.
Thierry Desmarest, Total’s chairman, also quashed recent speculation that Europe’s third-biggest oil company by production is considering a blockbuster takeover of all or part of bigger Anglo-Dutch rival Royal Dutch/Shell Group (RD, SC).
“I won’t even mention Shell ,” Desmarest said at a strategy briefing. “They remain a company of great human resources and it’s a partner with which we have very good relations.”
Desmarest said claims that Total was the source of rumors for a takeover of Shell , or more specifically The Hague-based parent company Royal Dutch Petroleum Co. (RD) – which owns 60% of Shell – were unfounded.
“Total was not at the origin of the merger (speculation),” he said.
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.
