By Richard Blackden
Last Updated: 7:54am BST 25/10/2007
Oil major Royal Dutch Shell delivered further evidence that it is in better shape than rival BP after reporting an increase in third-quarter profits.
Pre-tax profits climbed 6.7pc to $11.5bn in the quarter despite a drop in refining margins, or the money made turning crude oil into gas and diesel. BP, which was also hit by a decline in margins, on Tuesday reported a drop in pre-tax profits for the period. ConocoPhillips yesterday saw its profits decline 5.2pc to $3.7bn as refining margins narrowed.
Shell chief executive Jeroen van der Veer said of the results: “Given the weaker industry refining margins we have seen in the quarter, these are satisfactory results, underpinned by Shell’s operating performance.”
Shell shareholders have seen the stock gain 15pc so far this year, almost double that of BP. During a period of record oil prices, Shell is planning to boost production in an effort to take advantage. In combination with Saudi Arabia, the Anglo-Dutch company has spelt out plans to spend $7bn to double the size of its refinery at Port Arthur in Texas.
Oil majors are desperate to secure new reserves and increase the efficiency of production with crude fetching record prices. After breaking the $90 a barrel mark for the first time this month, some analysts are predicting prices will move past $100 before the year is out.
Shell said it will pay its dividend in dollars rather than euros and declared a dividend for the quarter of 36 cents a share, up 14pc from the same period in 2006.
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/10/25/bcnshell125.xml
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.
