Daily Telegraph
Royal Dutch Shell and BP provided a talking point as the wider market paused for breath after two days of strong rallies.
Some traders were asking themselves yesterday whether one of the UK-listed oil majors would be tempted into a bidding war for Canadian oil sands company Nexen Inc.
Market sources said French rival Total is set to pounce on Nexen and may be ready to go hostile to acquire the company.
The talk is that Total has hired investment bank Lazard to advise on its potential bid for Nexen.
According to one source, Total has been working on the bid for several months under the project code name of “Wolf”. However, for some reason, the code name of the bid project has now changed to “West”.
The French company is said to have lined up six or seven financing banks, including HSBC, to fund the deal. Yesterday, coincidentally, it was reported that Total plans to issue a new 1bn bond.
Rumour has it that Total is willing to pay C$32 a share for the Canadian company.
Market sources believe Total will make an approach for Nexen, which is currently valued at C$10.5bn (£5.6bn), by the end of the year. Yesterday, a Nexen spokesman told Bloomberg the company “isn’t for sale” and has “good assets”.
Royal Dutch Shell fell 34p to £16.78 while BP lost 7¾ to 512¾p.
However, most market practitioners attributed both falls to the fact that yesterday’s rise in the price of crude oil was not significant enough to help future profitability.
Tullow Oil was the biggest loser in the sector, falling 29 5.8pc to 470½p.Cairn Energy also dipped, 13p to £16.13.
Elsewhere, Imperial Energy, which is in the process of being acquired by India’s ONGC for £12.50 a share, fell 24p to £10.26.

















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.

























































