By Andrew Johnson: Friday July 30, 2010
ROYAL Dutch Shell yesterday expressed confidence in its safety standards in the wake of BPs Gulf of Mexico oil spill as it unveiled a near doubling in profits to $4.5billion (£2.9billion) for the second quarter to June.
Stricter rules are expected to drive up costs. However, he said Shell already complied with or exceeded most of the changes to safety regulations now being proposed, before adding: At the end of the day, you will not be in a position to say it will never happen, because accidents do happen.
Shell took a $56million hit from the deep water drilling ban imposed by the US government after the spill, which is expected to cost three million barrels of oil this year in production. Voser did not rule out trying to reclaim the money from BP.
The company saw profits rise by 94 per cent during the second quarter, while those for the first half rose 67 per cent to $9.4billion, as it benefited from higher oil prices and bigger than expected gains from its restructuring programme, which was completed six months earlier than expected.
This has seen $3.5billion slashed from annual costs at the expense of 7,000 jobs. Shell is also looking to accelerate its asset disposal programme by selling $7billion to $8billion of assets over the next year, rather than $2 billion originally highlighted. Most will come in refining, chemicals and petrol station operations globally, with Shell looking to increase production from 3.2 million barrels a day last year to 3.5 million by 2012.
We may not be the only company targeting 3.5 million barrels a day but we are travelling in the right direction, said finance director Simon Henry in a dig at BP, which has said its own production would fall from 4 million barrels to 3.5 million following its asset sales.
The company is one of those involved in setting up a $1billion Gulf of Mexico spill containment unit.
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.
