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| Shell’s profits rise despite fall in productionBy Helen Thomas Published: May 4 2006 08:38 | Last updated: May 4 2006 08:38 
Shell’s earnings on a current cost of supply basis – the industry standard which excludes changes in inventory values – rose 12 per cent to $6.1bn (£3.3), ahead of consensus forecasts at $5.6bn. But production at Europe’s second largest oil company fell 3 per cent in the quarter, to 3.75m barrels of oil equivalent (boe) per day as attacks by militants in Nigera prompted a partial shut-down in the country and the effect of last year’s hurricanes deferred production in the Gulf of Mexico. Shell said that it was losing 165,000 boe per day at the end of the quarter because of the problems in Nigeria. In the Gulf of Mexico, the company expects the Mars platform to start production in May significantly reducing the drag on Shell’s production compared to 2005 in the second quarter. Soaring oil and gas prices outweighed the lower production volumes. Profit in exploration and production rose 27 per cent to $3.7bn. The numbers compare with a 4 per cent fall in BP’s profit excluding changes in inventory, reported last week, and a 1.6 per cent fall in production during the first three months of the year. Jeroen van der Veer, Shell’s chief executive, said: “our overall performance was satisfactory despite a series of operational challenges in the quarter, created by external factors.” Shares in Shell were down slightly in early London trade to £18.58, from £18.60 at close on Wednesday. Shell announced a first quarter dividend of €0.25 per share, up 9 per cent on 2005. ? Total, the French energy company, also benefited from the near record prices for oil and gas during the first quarter. Earnings rose 16 per cent to €3.38bn ($4.06bn) despite a fall in income from Total’s downstream business and in chemicals, which suffered as raw materials costs rose. |
The impact of last year’s hurricanes and civil disturbances in Nigeria hit 
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.
