April 11, 2007
Steve Hawkes
You can be sure of Shell.
Just as investors prepare to attack Lord Browne of Madingley, the BP chief executive, over his pay packet, Shell reminds everyone of the reserves scandal that means it will be struggling in BP’s wake for years to come.
The fiasco wiped billions of barrels of oil and gas off Shell’s book of proven reserves, and the group is still trying desperately to fill the gaping holes left in its production pipeline as a result.
The £180 million compensation agreed by the oil giant represents possibly the biggest settlement in a class action brought by shareholders in Europe.
It is good news for investors, but the payout is still only about 10 per cent to 13 per cent of the estimated loss in market value they have already suffered.
It is also a timely reminder that Lord Browne will leave BP this summer in a much better shape.
http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article1640957.ece
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.
