Nigeria is losing about 800,000 bpd of oil production because of militant violence and pipeline leaks at Royal Dutch Shell Plc and Chevron Corp.
The combined quantity of disrupted production is worth $63mn a day, or $1bn every 16 days, using the spot price for Nigeria’s Bonny Light crude oil.
The disruptions are eating into company and government revenues, and contributing to concern about global supply that’s keeping oil prices 30% higher than a year ago.
While the price rise has offset some of the effect of the cuts, companies are turning to Nigeria’s deepwater fields or nearby West African countries, further from violence in the Niger River delta.
Shell Petroleum Development Co, or SPDC, a venture that’s 30% owned by Shell and 55% by state-run Nigerian National Petroleum Corp, is losing about two thirds of its normal output because of violence.
Production at the Chevron-operated venture has fallen by 38,000 bpd from recent halts and leaks. Chevron owns 40% of the venture.
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.
