By Megumi Yamanaka
Aug. 13 (Bloomberg) — Shares of Showa Shell Sekiyu K.K., the Japanese unit of Royal Dutch Shell Plc, had their biggest gain in more than three years, after the company raised its profit forecast.
The shares climbed as much as 88 yen, or 6.9 percent, to 1,357 yen and traded at 1,340 yen at the 11 a.m. morning break on the Tokyo Stock Exchange. The today’s gain is the biggest since July 6, 2004, when the stock advanced as much as 9.2 percent.
The Tokyo-based refiner on Aug. 10 raised its full-year profit forecast to 39 billion yen ($330 million), an increase of more than 10 percent from 35 billion yen it had estimated in May. Showa Shell released its first-half earnings and estimates for 2007 after the market close on Friday.
The company got an order for an additional 40,000 kiloliters of fuel oil for August delivery from Tokyo Electric Power Co., which shut a nuclear station following a July 16 earthquake. The refiner expects to receive an additional order from the utility in September, and plans to import fuel oil mainly from Indonesia, Showa Shell’s spokesman Ichirou Miyawaki said in Tokyo Aug. 10.
Tokyo Electric is being forced to burn more fuel oil to fire thermal power plants after the magnitude 6.8 earthquake shut the Kashiwazaki Kariwa plant, the world’s biggest nuclear power station. The earthquake in Niigata prefecture caused radiation leaks and a fire at the plant.
Saudi Aramco, the world’s largest state oil company, owns 14.96 percent of Showa Shell and is its second-biggest stakeholder, according to March 29 report. Shell holds 33.24 percent.
To contact the reporters on this story: Megumi Yamanaka in Tokyo at [email protected] ;
Last Updated: August 12, 2007 23:07 EDT
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.
