From The Associated Press
EXTRACT: “…Shell CEO Jeroen van der Veer discussed opportunities for further joint projects during a meeting Friday. Shell has expressed interest in investing in Venezuela’s oil-rich Orinoco River basin.”
THE ARTICLE
CARACAS (AP)–Royal Dutch Shell PLC (RDSA) became the first major oil company to finalize a joint venture agreement with the Venezuelan government that brings oil pumping operations under state control.
The Anglo-Dutch company signed a new contract replacing its previous agreement to independently pump oil at the Urdaneta West field, the state-run Petroleos de Venezuela SA, or PDVSA, said in a statement late Friday.
The new contract gives PDVSA a 60% stake in operations at the 45,000-barrel-a-day oil field and leaves Shell with the remaining 40%.
Further details of the contract terms were not immediately available.
President Hugo Chavez’s administration has demanded a greater share of control and revenues from oil operations in Venezuela.
Earlier this year the government ordered private firms, including Shell, to turn 32 oil fields into state-controlled joint ventures and seized installations from those companies that refused.
“This agreement with Shell, one of the most important oil companies at the international level, shows that Venezuela continues to be a safe and transparent country for investment,” said PDVSA Director Eulogio Del Pino.
“With this signature today, a new era begins in the Venezuelan oil business where control of production is in the hands of the state,” he added.
PDVSA said separately that Oil Minister Rafael Ramirez and Shell CEO Jeroen van der Veer discussed opportunities for further joint projects during a meeting Friday. Shell has expressed interest in investing in Venezuela’s oil-rich Orinoco River basin.
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.
