January 29, 2008: 06:40 AM EST
LONDON, Jan. 29, 2008 (Thomson Financial delivered by Newstex) — Royal Dutch Shell PLC (NYSE:RDS A) will not provide an update on oil and gas reserves estimates alongside its annual results on Thursday, a company spokesman said.
He said the latest reserves figures will be included in the group’s 20F annual report.
‘We’ve said in the Q3 (results announcement in October last year) that the Q4 statement will be purely financial results and we think the right place to give an update on reserves is on the 20F annual report,’ he said, noting the move is consistent with what other major oil companies are doing.
Shell is expected to file the 20F report with the US Securities and Exchange Commission in March.
The change in the timing disappointed some investors who are worried the latest figures could be poor.
Dresdner Kleinwort said the move was ‘regrettable’ but understandable since the company’s reserve replacement had been weakened and made more complex by the impact of the Sakhalin-2 deal.
Shell early last year ceded control of 20 bln usd Sakhalin-2 to Russian gas monopoly Gazprom which took a 50 pct plus one share stake in the project in a 7.5 bln usd deal, halving the Anglo-Dutch oil group’s stake to 27.5 pct.
Shell’s reserves estimates have been closely watched by analysts after the company’s shock admission in 2004 that the figures were overstated. This led to the exit of key executives, including chairman Philip Watts.
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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.
