Reuters: Total CFO sees oil and gas output rising in 2008
Wed May 7, 2008 11:20am EDT
LONDON, May 7 (Reuters) – Total (TOTF.PA: Quote, Profile, Research) expects production of oil and gas to rise in 2008, even if oil prices stay high, the French oil major’s Chief Financial Officer said on Wednesday.
CFO Robert Castaigne told analysts on a conference call that despite unplanned outages on the Elgin-Franklin gas field in the North Sea, and the fact rising oil prices reduce the amount of oil Total is entitled to under production sharing contracts with host nations, production should be higher.
“In 2008, clearly our production should grow, even if we remain with $110-$120 per barrel,” he said.
Castaigne said the effect on Total’s production from field downtime in 2008 would be “comparable to what we had in 2007”, including outages in the North Sea and Libya.
(Reporting by Tom Bergin; editing by Rory Channing)
� Thomson Reuters 2008 All rights reserved
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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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