6 October 2006
It hasn’t been easy for Sibir operating in Russia over the years, but at least these numbers look healthy. In fact, Sibir’s management sees these results as: “A portrait of a company in transformation from an enterprise of promise into an enterprise of profit.” And despite the flowery language, there is some truth in the sentiment as, for the first time, all three of Sibir’s core businesses delivered profits at the operating level.
Production from the company’s Magma oilfields division contributed £9.4m, the refining business in Moscow contributed a further £16.3m, and the joint venture with Shell, SPD, turned profitable for the first time, too. However, there remains the ongoing argument with Sibneft to contend with, after Sibir found itself unexpectedly diluted out of a key asset last year. Sibir remains confident of a favourable outcome, but Sibneft has since been acquired by Gazprom, so it’s very much a case of David versus Goliath.
Still, with proved and probable reserves of more than 500m barrels of oil, Sibir’s not that small itself these days, especially in comparison with its Alternative Investment Market (Aim) peers.
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.
