Chicago Daily Herald
Bloomberg News
Published: 2/3/2009 2:29 PM
The logic for a possible mega merger between international oil companies isn’t a terribly compelling, BP Plc’s Chief Executive Officer Tony Hayward said.
The challenge for international oil companies, or IOCs, such as BP and Exxon Mobil Corp., is to continue to capture resource to enable us to grow, Hayward said on a conference call with reporters today. It may be more sensible to think about combining IOCs with technology and capability with national oil companies with resources, he said.
Large swathes of the world’s oil reserves are off-limits to BP and its peers, Hayward said in June, limiting their ability to raise production. National oil companies, such as Saudi Aramco and Petroleos de Venezuela SA, currently own about 80 percent of the world’s reserves, according to his estimates.
London-based BP spent a total of $30.7 billion last year, of which $21.7 billion on projects. It bought assets from Chesapeake Energy Corp. and carried out a transaction with Husky Energy Inc., the British company said today.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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.
