Daily Telegraph
Royal Dutch Shell is reportedly selling assets including its liquid petroleum gas business and North Sea fields to meet the cost of its $28bn (£18bn) capital spending programme.
Published: 12:12AM GMT 01 Mar 2010
The oil and gas giant predicts that it will raise $2bn to $3bn from selling assets that are not central to its growth plans, particularly downstream assets such as refining and marketing operations in mature markets such as Europe, for example.
It is also believed to be selling some mature oil and gas fields in the North Sea and Nigeria.
Shell has invited indicative bids, which are expected to go up to approximately 1bn (£900m) for its French-based European LPG arm. This sells bottled gas to rural homes.
Axa Private Equity, Bain Capital and PAI are said to be in the running for the business, which saw earnings before interest, tax, depreciation and amortisation of about 120m last year.
CVC Capital Partners and the Carlyle Group are also said to be interested.
All private equity groups declined to comment.
Shell has also reportedly put up for sale North Sea fields connected to the Anasuria floating production, storage and offloading vessel off the coast of Aberdeen, and fields in the Southern gas basin.
These assets could be worth several hundred million pounds.
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.
