By James Kraus
Dec. 13 (Bloomberg) — Chevron Corp., Exxon Mobil Corp., Royal Dutch Shell Plc and Total SA may have to pay more for oil under new contracts with Nigeria, Africa’s biggest producer, the Wall Street Journal reported.
Profit for the oil companies may end up 5 to 10 percent lower and the loss of earnings might amount to hundreds of millions of dollars over several years, the newspaper said, citing an unidentified senior Nigerian oil official.
Nigeria produces about 2.1 million barrels a day, or about 2.5 percent of global oil demand, and President Umaru Yar’Adua has proposed setting up a national oil company to better manage the country’s oil and natural-gas resources, the Journal said.
Crude-oil futures in New York closed yesterday at $94.39 a barrel and the contracts up for renewal were signed when oil traded at about $20 a barrel, the newspaper said, adding that Shell, Exxon, Chevron and Total declined to comment on possible changes.
To contact the reporter on this story: James Kraus in New York at [email protected]
Last Updated: December 13, 2007 04:17 EST
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.
