THE WALL STREET JOURNAL
MAY 14, 2009, 3:39 A.M. ET
BEIJING (Dow Jones)–Royal Dutch Shell PLC (RDSB) has agreed on a shareholding structure with China National Petroleum Corp. ahead of a joint bid for a contract to develop an oil field in Iraq, a person familiar with the talks said.
Shell signed a memorandum of understanding with China National Petroleum Corp. last month, and is now discussing details of the official joint bid agreement to develop the Kirkuk oil field, the person said.
China Petrochemical Corp., known as Sinopec Group, will also join the consortium, the person said.
“Shell, CNPC and Sinopec will together have a 75% stake if the bid is successful. CNPC will have 15%, Sinopec is likely to have a similar interest,” the person said on condition of anonymity.
The remaining 25% interest will be held by a state-owned Iraqi operator, according to Iraq’s model contract for the eight oil and gas fields offered to international oil companies in the first bidding round. The winners will be decided in Baghdad on June 29-30.
Last month, Jeroen van der Veer, Shell’s chief executive, confirmed that the Anglo-Dutch oil major was in talks with Chinese firms to be a part of the consortium bidding for an Iraqi oil field.
Shell spokesperson Li Lusha declined to comment beyond van der Veer’s comments in April. Spokespersons for CNPC and Sinopec weren’t immediately available for comment.
Wan Xu contributed to this story, Dow Jones Newswires; 8610-65885848; [email protected]
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.
