Crude-oil futures fell 2% to nearly $54 a barrel on the New York Mercantile Exchange Thursday after a widely watched tanker tracker said OPEC is set to increase output in February, when the cartel is actually due to implement further cuts.
Here is Thursday’s roundup of oil and energy news:
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RUSSIA, INDIA STRENGTHEN TIES: Russian President Vladimir Putin offered to build four new nuclear reactors for energy-starved India, as the old Cold War allies sought to reinvigorate their friendship in a new age through energy and military cooperation. Mr. Putin, on a visit during which he was to be the guest of honor at India’s Republic Day celebrations, met with Indian Prime Minister Manmohan Singh, and the two signed a series of deals on energy, scientific and space cooperation.
•California Bans Dirty Power Sources: California regulators approved rules banning power companies from buying electricity from high-polluting sources, including most out-of-state coal-burning plants.
•Occidental Profit Falls: Despite higher oil and gas production, Occidental Petroleum saw its fourth-quarter profit drop 19% because of lower natural gas prices and higher operating expenses.
•Spill Cleanup Begins: Wildlife workers combed a 100-mile stretch of beach, trying to rescue birds covered in oil after thousands of gallons leaked from a stricken cargo ship off England’s southwest coast.
•More Kidnappings in Nigeria: Gunmen stormed the local offices of a major Chinese oil company in southern Nigeria, abducting seven Chinese employees and stealing a large amount of cash, police said.
•Tortilla Terror: In Mexico, gains in tortilla prices, the ripple effect of ethanol-driven demand for corn, have analysts and consumers biting their nails about rising inflation, WSJ.com’s MarketBeat blog 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.
