Bloomberg News
March 24, 2010, 12:53PM
Royal Dutch Shell Plc, Europe’s second-largest oil producer, said it expects to double spending on acquisitions to about $2 billion this year.
Shell will dispose of about $1 billion in assets this year, The Hague-based company said in slides prepared for the Howard Weil Energy Conference in New Orleans. The company sees its net capital investment this year at $29 billion.
Shell spent $1 billion on acquisitions last year and is targeting another $1 billion in cost savings this year. It will cut 2,000 more jobs by the end of next year to weather the economic slowdown, which has caused fuel inventories to swell in the U.S. and Europe.
The company is teaming up with PetroChina Co. to buy Arrow Energy Ltd. for A$3.5 billion ($3.2 billion). Shell is focusing investment in Australia, the Gulf of Mexico and U.S. gas that’s found in hard-to-reach rock formations.
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.
