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 BBC NewsOil giant Royal Dutch Shell has replaced US retail group Wal-Mart as the world’s largest company, the latest annual survey by Fortune magazine says. There are also fewer US corporations in the list of the 500 biggest firms than at any time since the publication started keeping records in 1995. The annual survey ranks the largest companies by revenues, not profits. The new list gives ammunition to those who believe the US’s top dog status in the global economy is under threat. For the first time in 10 years, the biggest firm is not from the US. Anglo-Dutch firm Shell has pipped US rival Exon Mobil and Wal-Mart to the top slot. Forbes said Shell’s annual revenues were $458bn, roughly the same as the national income of Saudi Arabia. Exxon’s profits however are greater than Shell’s, at $45.2bn compared with $26.2bn. Oil firms dominate There are also fewer US companies in the biggest 500 than in any previous survey. China has more firms listed than before, and for the first time a Chinese company – Sinopec, an energy supplier – is in the top 10. But the US still has 140 firms in the list while China’s tally is just 37. The latest survey also confirms the dominance of oil companies, with seven in the top 10, despite the steep drop in crude prices in the past year. FORTUNE TOP 5 (REVENUES)
Royal Dutch Shell: $458bn
Exxon Mobil: $442bn
Wal-Mart Stores: $406bn
BP $367bn
Chevron: $263bn
Source: Fortune 500 survey
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July 9th, 2009:
Shell beats Wal-Mart as top firm
Shell May Close or Sell Montreal East Oil Refinery
Refiners need to consolidate and close plants to increase profitability, the Organization of Petroleum Exporting Countries said yesterday. The Hague-based Shell put two refineries in northern Germany up for sale earlier this year. Chief Executive Officer Peter Voser has pledged to simplify decision-making and cut costs against a deteriorating economic backdrop.
Shell says U.S. oil refiners need more CO2 permits
WASHINGTON (Reuters) - Major oil company Royal Dutch Shell urged the U.S. Senate on Wednesday to give oil refiners a bigger share of free pollution permits under a cap-and-trade plan to fight global warming than the House of Representatives provided in its climate change legislation.
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.
