From THE WALL STREET JOURNAL
By BENOÎT FAUCON
July 3, 2006
Russian state-owned oil company OAO Rosneft is courting international oil companies to join its roughly $10 billion initial public offering with the promise of better access to Russian oil and gas reserves, people familiar with the matter said.
The strategy as the July listing in Moscow and London draws near is evidence of the rising assertiveness of state-controlled companies in the Russian oil sector.
BP PLC of the U.K., Anglo-Dutch major Royal Dutch Shell PLC; India’s Oil & Natural Gas Corp., or ONGC; China Petrochemical Corp., or Sinopec; and China National Petroleum Corp. are among the companies that have been offered a large share of Rosneft’s IPO, said people involved in both sides of the talks.
ONGC has confirmed it is interested in the IPO seen by many as expensive. Rosneft, Shell and BP declined to comment. CNPC couldn’t be reached.
The people familiar with the IPO said Russian investors have shown enthusiasm for the listing, which is set to raise between $8.5 billion and $11.65 billion. But U.K.-based institutional investors have been slow to respond to the offer, the people said. The final price will be set July 13.
Write to Benoît Faucon at [email protected]
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.
