May 19, 2010
Chinas biggest energy company has agreed to take a stake in Royal Dutch Shells oil and gas unit in Syria in a deal estimated to be worth $1.5 billion (£1 billion).
China National Petroleum Corporation (CNPC) has acquired a 35 per cent interest in Syria Shell Petroleum Development.
Shell has been eager to foster closer links with China, the worlds second-biggest oil consumer after America, and to team up in exploring and producing in the Middle East.
Shell signed a 30-year deal with CNPC on Sunday for joint gas exploration and production in Qatar.
A statement on Shells website said: The agreement strengthens the partnership between Shell and CNPC. Both parties will look to continue growing and investing in attractive opportunities in Syrias upstream industry.
The stake could be worth about $1.5 billion if CNPC gets a third of Shells 23,000 barrel-a-day output over 20 years, said Gordon Kwan, head of energy research at Mirae Asset Securities.
This is not a lot of oil and gas for a company like CNPC, which is producing about 2.5 million barrels a day, Mr Kwan said. Its a chance to further develop co-operation with Shell in ventures overseas and to also increase its presence in Syria and the Middle East.
Chinese companies spent a record $32 billion on mining and energy acquisitions last year, securing oilfields, coal and metal mines in Africa, Asia and Australia to meet demand in the worlds fastest-growing major economy.
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.
