THE WALL STREET JOURNAL
Monday, April 13, 2009 As of 9:34 AM (GMT +1 hours)
SHANGHAI (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) is in advanced talks with China’s two biggest state-owned oil companies on a possible joint bid to develop the Kirkuk oil field in northern Iraq, a person familiar with the situation said.
Shell, China National Petroleum Corp., parent of Hong Kong-listed PetroChina Co. (PTR) and China Petrochemical Corp., parent of China Petroleum & Chemical Corp. (SNP) are yet to decide equity stakes in the consortium, the person said.
Shell had offered CNPC a 15% stake, but CNPC wanted more, at around 20%, he added. Stakes that Sinopec Group had been offered are unclear.
In return for taking CNPC along in Iraq’s landmark first postwar bidding for development service contracts in its huge and under-developed oil and gas fields, Shell hopes to win CNPC’s blessing for a production sharing contract for the Jinqiu gas field in China’s southwestern Sichuan province, the person also said.
The joint bid, if finalized, would mark China’s latest efforts to tap Iraq’s rich energy resources, after CNPC became the first foreign oil firm to enter an investment deal with the new Iraqi government in its domestic oil industry since the 2003 U.S.-led invasion.
“We do not comment on market speculations,” said Li Lusha, Shell China’s spokeswoman, when asked about the talks.
CNPC’s spokesman and Sinopec Group’s general office weren’t immediately available for comment.
-Jing Yang contributed to this story, Dow Jones Newswires; (8621) 6120 1200; [email protected]
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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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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































