Regal in talks over Ukraine gas fields sale
Terry Macalister
The Guardian, Wednesday April 23 2008
Russia’s Lukoil and other buyers are in talks with Regal Petroleum about purchasing its gas fields in Ukraine five months after a similar deal with Shell fell apart.
Regal, an exploration and development company with a chequered history, said it had received preliminary approaches about “possible transactions”, but stressed that talks were at an early stage.
Shares in Regal, which fell 5.5% on Monday moved cautiously ahead 1% to 165p as the new management led by chairman and chief executive, David Greer, confirmed it was in talks with unnamed buyers. Lukoil was not named by Regal, but industry sources confirmed that the Russian company could pay as much as $1bn (£500m) to increase its reserves in Ukraine.
Regal controls Ukraine’s Mekhediviska-Golotvschinska and Svyrydivske fields which are together estimated to hold 169m barrels of oil and whose small production levels could be ramped up to 50,000 barrels a day in the medium-term. In November the company announced that it had tied up a sales agreement with Shell only for it to be scrapped two days later.
Greer, a former Shell executive, joined at the same time, replacing Regal’s then chairman Francesco Scolari and chief executive Neil Ritson, the architect of the original sales agreement with Shell.
Regal has been synonymous with turbulence and, in January, it was referred to the London Stock Exchange disciplinary committee after allegedly breaking the rules over the disclosure of price sensitive information. The move hails back to 2003 when Regal announced that a much-hyped well in the Adriatic Sea had produced more water than oil.
http://www.guardian.co.uk/business/2008/apr/23/oil.ukraine
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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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