THE WALL STREET JOURNAL ONLINE
July 20, 2006 6:44 p.m.
Crude-oil futures rose on the New York Mercantile Exchange, settling at about $73 a barrel and ending a three-day slide. Here is Thursday’s roundup of oil and energy news.
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YUKOS BOSS QUITS: The president of OAO Yukos, Steven Theede, announced his resignation just hours ahead of a meeting of creditors, which he predicted would back the liquidation of the company. “There is nothing left for me to do to protect the remaining assets of the company in Russia,” he wrote. Earlier this week, his bid to stop OAO Rosneft’s IPO in London was defeated in court. State-controlled Rosneft is the owner of what was once Yukos’s most-prized asset, which the Russian government pried away from Yukos in a controversial tax case in 2004.
•Strife’s Limited Effect: Israeli strikes in Lebanon have so far had little effect on the world’s oil and financial markets, according to the International Monetary Fund — though many Wall Street observers attributed last week’s plunge in U.S. stocks to worries about Mideast violence.
•China’s Supply, Demand: China is making plans for a new strategic petroleum reserve center, the Xinhua news agency reports. Separately, Xinhua announced China’s oil imports grew more than 17% in the first half of the year.
•Still Guzzling: Businessweek asks why high prices haven’t curbed American appetites for gasoline.
•Refinery Strike: About 200 Teamsters at a Marathon Petroleum Co. refinery in St. Paul, Minn., walked off the job Wednesday afternoon, amid difficult contract negotiations with Marathon, a unit of Marathon Oil.
•Norway Strike: Norway’s oil-services industry and union officials will meet in Oslo Monday for a second round of government-mediated negotiations to end a five-week labor strike.
•Addax Buys Pan-Ocean: Swiss oil compamy Addax Petroleum Corp. agreed to buy Jersey-based Pan-Ocean Energy Corp. for about $1.41 billion, Bloomberg reports. The purchase will help Addax boost its African production.
•Dealing With Strongmen: African strongmen ruling countries with oil riches seem to get better treatment from the West than strongmen ruling countries without oil, Reuters reports.
•Two-Wheeled Relief: Shreveport, La., residents are taking to motorcycles to escape high gas prices, The Shreveport Times reports
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.
