(BNamericas.com) – Brazil’s federal energy company Petrobras (NYSE: PBR) has concluded the acquisition of Anglo-Dutch oil company Shell’s (NYSE: RDS-B) downstream assets in Uruguay, completing a US$140mn takeover of Shell’s assets in three countries in the region, Petrobras said in a statement.
The package also includes Shell’s downstream assets in Paraguay and Colombia as announced in December 2005. The conclusion of the acquisition of Paraguayan assets, including 132 retail fuel outlets and liquefied petroleum gas (LPG) distribution units, was concluded in early April, while the acquisition of Shell’s Colombian assets was concluded at end-April when Petrobras took over 38 retail service stations. Petrobras now assumes operational control of the 89 service stations and aviation fuel outlets in Uruguay. The changeover to Petrobras operational standards will be ongoing over the next 12 months, the statement said.
Petrobras also concluded on Thursday (June 1) the acquisition of a 51% controlling stake in Uruguayan gas distribution company Gaseba from French gas company Gaz de France for US$13mn, Brazilian press reported.
The transaction is part of company strategy to expand its international operations with a focus on South America. The company now has operations in all South American countries with the exception of Chile, Suriname, French Guiana and Guyana.
The company has, however, announced plans to enter the Chilean market through acquisitions or greenfield investments. – (BNamericas.com)
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.
