Bloomberg: New Zealand Refining Co. Margins Rise 34% on Increased Demand
By Gavin Evans
April 8 (Bloomberg) — New Zealand Refining Co., operator of the country’s only oil refinery, said processing profit in January and February rose 34 percent on increased demand.
The average refining margin climbed to $10.58 a barrel during the period, from $7.90 a year earlier and $7.43 in November and December, New Zealand Refining said in a statement to the New Zealand stock exchange today.
The Ruakaka-based company is controlled by the local units of Chevron Corp., Royal Dutch Shell Plc, Exxon Mobil Corp. and BP Plc. It charges those customers a fee based on Singapore refining margins to process their oil at the Marsden Point refinery in the north of the country’s North Island.
That agreement caps average refining fees to $9 a barrel over a year. Accordingly, $10.1 million of fees weren’t booked during the period, with customers charged a total of NZ$51.8 million ($41.3 million).
The company processed 6.40 million barrels of oil during the period, from 6.07 million a year earlier and 6.36 million in the prior two months.
To contact the reporter on this story: Gavin Evans in Wellington at [email protected]
Last Updated: April 7, 2008 22:06 EDT
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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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