The Nation (Nairobi)
17 January 2008
Nairobi
Three multinational oil firms are finally dumping shareholding in the local refinery, statements from Nairobi and New Delhi confirmed on Wednesday. An Indian firm, Essar Energy Overseas Limited, is to buy half the stake in the only refinery in the region.
The other half of the Kenya Petroleum Refineries Ltd (KPRL), which is in dire need of upgrading, is owned by the Kenya Government.
“Shell, BP and Chevron have signed a share purchase agreement to sell their shareholding in Kenya Petroleum Refineries Ltd to Essar Energy Overseas Ltd,” said Shell external affairs manager, Ngaari Mwaura in a brief statement on Wednesday. “The sale is subject to certain conditions precedent. The transaction is expected to close in 2008.” Shell last year took over BP downstream operations in Kenya as the British oil giant set off a process where it would disengage with the rapidly competitive local market.
“This is the first downstream acquisition overseas for any Indian company. We look forward to working with the government of Kenya to develop KPRL further to supply the growing Kenyan and adjacent markets and finalise the upgrade project,” Essar Energy CEO Naresh Nayyar was on Wednesday quoted by the Times of India as saying. Essar owns three exploration and production blocks in Madagascar and one in Nigeria.
The new shareholders are expected to inject massive capital in the facility for upgrading. The multinationals appeared reluctant to inject the requisite capital.
The investment by Essar may signal a further waning in importance of Western companies in the local economy.
http://allafrica.com/stories/200801170339.html
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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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