By Danny Fortson
Tuesday, 18 March 2008
Royal Dutch Shell plans to quintuple production in the controversial Canadian tar sands in an attempt to halt falling production from resource nationalism and the drying up of old fields.
At its annual strategy briefing in London yesterday, Europe’s largest oil company said that its net reserves stayed at 11.9 billion barrels last year – equal to the previous year’s total – as new discoveries were offset after the governments of Russia and Kazakhstan forced the company to give them larger stakes in the Sakhalin 2 and Kashagan projects respectively.
Amid that worsening geopolitical backdrop, the company said it would push further into tar sands in Canada, where it and its partners – Chevron and Marathon Oil – have acquired mining rights to 125,000 hectares of land in Alberta.
The companies currently produce 155,000 barrels per day from the Athabasca oil sands. They have approval to produce 470,000 barrels and have applied for licences to produce another 300,000 per day, a development sure to rile the environmental lobby.
The company also refused to give an exploration forecast for the next two years amid continued uncertainty in Nigeria and the early stage of several major projects being funded in what, at $25bn (£13bn), is the largest capital investment programme in the industry.
“We are not giving any guidance between now and 2010 because there are a lot of moving parts, especially in Nigeria,” said Malcolm Brinded, the head of exploration and production.
The opaque outlook will do little to reassure investors, who have not forgotten the debacle in 2004 when the company admitted it had booked reserves it did not have, leading to nearly half a billion dollars in class action lawsuits. But Shell did say yesterday that from 2010 it expects to be able to grow reserves by 2 to 3 per cent annually.
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.
