Royal Dutch Shell Chief Financial Officer Simon Henry (said the Hague-based oil producer is looking at jointly expanding its gas acreage in mainland China with PetroChina Co. Photographer: Jock Fistick/Bloomberg
By Bloomberg News – Sep 14, 2010 12:07 PM GMT+0100
Royal Dutch Shell Plc, Europes biggest oil company, may invest $1 billion a year in China should two wells in Sichuan province show potential for commercial gas production, its chief financial officer said.
With successful exploration, we could easily invest $1 billion a year in the following five to seven years, Simon Henry said in an interview today in Tianjin, China. The geology could be as attractive as the U.S.
Shell expects the share of gas in Chinas total energy use to rise to 10 percent in a decades time from 4 percent now, according to Henry on April 28. The Hague-based oil producer is looking at jointly expanding its gas acreage in mainland China with PetroChina Co., he said today.
We should start drilling in the next couple of months in both areas, Henry said, referring to the Sichuan test wells.
PetroChina and Shell had signed a joint shale-gas assessment agreement for the Fushun-Yongchuan block in Sichuan, Adam Newton, a Shell spokesman, said on Nov. 27. That was Shells second gas exploration venture in mainland China following a project in Changbei gas field in Shaanxi province.
—Chua Baizhen. Editors: Ryan Woo, John Chacko.
To contact the Bloomberg Staff on this story: Baizhen Chua in Tianjin at[email protected]
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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.
