04.27.2006
NEW DELHI (AFX) – India's state-run Oil and Natural Gas Corp (ONGC) plans to pay oil giant Royal Dutch Shell about 170 mln usd for a 15 pct stake in a Brazilian oil field, the Press Trust of India (PTI) news agency reported.
'The upfront payment for acquiring a 15 pct stake in block BC-10 is about 170 mln usd,' ONGC chairman and managing director Subir Raha told reporters, PTI said.
Another senior ONGC executive, R.S. Butola, said the company would spend another 234 mln usd as its share of the cost involved in bringing the field to production by the end of 2009.
ONGC's overseas investment arm — ONGC Videsh Ltd or OVL — and Royal Dutch/Shell inked an agreement recently that assigned a 15 pct stake in BC-10 to the Indian company.
Shell would remain the operator of the field with a 50 pct stake while Petrobras of Brazil will own the remaining 35 pct.
'Essentially, this is a good prospect… Petrobras and Shell went out of the way to provide ONGC entry into BC-10,' Raha said.
Butola said the field holds 400 mln barrels of oil reserves and has the potential to produce 100,000 barrels per day.
OVL has interests in Sudan, Libya, Myanmar, Iran, Iraq and Syria.
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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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