From correspondents in Americas, 04:00 PM IST: Saturday, January 12, 2008
Venezuelan President Hugo Chavez has said that by the end of 2009, the country will have 313 billion barrels of certified oil reserves, the largest in the world, Spanish news agency EFE reported Saturday.
Chavez told lawmakers Friday that the country’s oil reserves stand at 100 billion barrels, including 20 billion ‘certified in the last two years through a strict international process’.
Chavez said when he took office in 1999, the country had 76 billion barrels of proven reserves.
With the projected 313 billion barrels in reserves, he said, Venezuela could ‘guarantee energy supply to many countries’.
Venezuela is the world’s fifth-leading oil exporter and a founding member of the Organisation of Petroleum Exporting Countries.
Caracas also supplies crude oil to a dozen Caribbean countries under Chavez’s PetroCaribe initiative.
Most of Venezuela’s projected reserves are in the Orinoco belt, estimated to have 235 billion barrels of heavy crude.
Though its high sulphur content makes heavy crude more expensive to extract and refine, the business will remain profitable as long as global oil prices remain at or above $50 a barrel, state-owned oil company PDVSA predicted.
At least 20 percent of the Orinoco oil is recoverable with the available technology, the company said.
OPEC oil was trading at just over $90 a barrel Friday.
http://www.indiaenews.com/america/20080112/91141.htm
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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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