From our October 2005 Shell News Archive
Times Online: Capital expenditure will be a key number in Shell’s results. Citigroup expects capex to rise by $5 billion to $20 billion a year because of cost over-runs at facilities in Russia, Nigeria, Qatar, Canada and Kazakhstan. Such spending will not help earnings.”
Posted Saturday October 22, 2005
EXTRACT FROM BUSINESS WEEK ARTICLE
Times Online’s guide to the week’s business stories. By Bryce Elder
Shell seems as good a place to start as any. Third-quarter earnings growth at Europe’s second-largest oil company is expected to show the effects of hurricane-hit lower production.
Net income for the quarter is expected at between $4.37 billion and $5.92 billion, up 18 per cent at the median compared with $4.38 billion previously. That would be the slowest growth since the second half of 2004, when quarterly earnings surged by as much as 200 per cent as oil prices rocketed. Like BP two days earlier, Shell’s annual production target of between 3.5 million and 3.8 million barrels of oil equivalent per day may be at risk due to stoppages.
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: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
