Shell Canada has even more ambitious oil sands expansion plans than it previously disclosed.
Thursday, January 25, 2007
The company said Wednesday that it intends to increase output from its oil sands mining and in-situ recovery projects in northern Alberta to 770,000 b/d and upgrading capacity to 700,000 b/d. This compares with earlier projections in the 500,000 b/d range by 2010. Shell Canada did not give a date for accomplishing the new goal, but it likely would be no sooner than 2015 (IOD Jan.24,p1).
Shell Canada also disclosed its 2006 financial and operating results Wednesday, which came in below analysts’ expectations. For the full year, earnings dropped to C$1.74 billion (US$1.48 billion) on revenues of C$14.8 billion (US$12.6 billion), from 2005’s net income of C$2 billion on revenues of C$14.4 billion.
Much of the drop came in the fourth quarter, due to lower commodity and product prices and higher exploration expenses. For the year as a whole, oil sands production was below expectations as mechanical problems at the Athabasca project halted operations for several months early in the year.
(Copyright © 2007 Energy Intelligence Group, Inc.)
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.
