Shell may be primed for a Mobil takeover
There was talk three months ago that a deal for the sale was about to be cut with Shell. But that was denied at the time and nothing eventuated.
According to the Business Spectator website, the sale process is being handled by Exxon Mobil’s headquarters in New York and the buyer would most likely be foreign. Exxon Mobil did not return calls to BusinessDay on the speculation.
Mobil’s main interests are 800 retail sites and the Altona oil refinery and two oil terminals, one of which is in Yarraville. It also owns the Port Stanvac oil refinery in Adelaide that was mothballed in 2003 because it was too small to compete with the super-sized refineries in Singapore.
The website also said Wesfarmers was believed to be considering its role in the petrol retailing business that it acquired along with Coles. Coles has 600 sites around Australia.
Exxon Mobil’s Australian operations posted earnings before interest and tax (EBIT) from Bass Strait oil and gas production for 2007 of $948 million.
The downstream business operating under the Mobil Australia banner posted EBIT for 2007 of $320 million, up from $313 million in 2006.
The combined business achieved consolidated EBIT of $1.23 billion.
http://business.theage.com.au/shell-may-be-primed-for-a-mobil-takeover-20080523-2hpj.html
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.
