Daily Telegraph: Royal Dutch Shell’s results beat market expectations in the first half.
25 October 2010
When it posts third-quarter figures on Thursday, investors will be watching to see whether Peter Voser, its chief executive, unveils solid results again, as arch-rival BP struggles to recover from its Gulf of Mexico oil spill.
Shell’s restructuring programme and a higher oil price helped it to second-quarter profits of around $4.5bn (£2.87bn). The oil giant had slashed its spending by $3.5bn over the previous 18 months by shedding 7,000 staff and making operational savings. At the time, Shell said its radical restructuring programme had come to an end earlier than planned.
Oil prices are still high at around $80 per barrel and its refining and marketing division is doing better than last year. The City is therefore expecting profits on a cost of supply basis (stripping out inventory effects) to rise by 50pc on last year to $4.3bn.
Analysts at BNP Paribas said: “We expect earnings per share growth to be sector-leading as new mega-projects come on stream.”
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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.

























































