FROM Stuff.co.nz
06 July 2006
By MARTA STEEMAN
Shell New Zealand will appeal against a High Court judgment that effectively prevents it from taking over as operator at the Maui gasfield.
Two weeks ago the High Court upheld an application by Todd Energy for a permanent injunction stopping the directors of joint company Shell Todd Oil Services – half Shell and half Todd appointees with Shell having a casting vote – voting to resign as operator of the Maui field and replace it with a Shell company.
STOS is a 50-year-old company with about 400 staff.
Shell won a court case several months ago allowing it to remove STOS as the operator of the new Pohokura gasfield. Todd fought that as well.
The High Court judgment revealed that Shell set out two years ago under “Project Zinfandel” to remove STOS as operator of the fields in which it was the biggest stakeholder.
Shell spokeswoman Jackie Maitland said the company would challenge the High Court judgment.
Shell disagreed with some aspects of the judgment, in particular the court’s interpretation of the Shell-Todd Heads of Agreement 2002 updating the 1955 joint venture agreement between them.
Shell also denied the comments in the judgment that it misled the court.
Comments in the judgment suggesting Shell might sell its New Zealand assets have unsettled staff.
The judgment said Shell feared its New Zealand oil and gas assets might shed $US100 million of value if Shell did not take the operator’s role at its majority-held fields. Shell holds 83.75 per cent of the Maui field
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.
