Tuesday 14 December 2010
BP was in the takeover spotlight as leading shares rose for the fourth trading day in a row to hit a new high for the year.
The company was the biggest riser in the leading index, up 14.75p to 473.10p on talk of possible bid interest from Royal Dutch Shell, whose B shares added 28.5p to 2081.5p. More than 61m BP shares changed hands, well above recent levels. Since the Gulf of Mexico disaster BP has been seen as vulnerable to a bid, with Exxon Mobil also mentioned as a possible predator.
BP also announced the sale of oil and gas assets in Pakistan for $775m to Hong Kong listed United Energy Group. The price is higher than analysts expected, and brings the amount the company has raised in recent months to help pay for the Gulf spill to around £22bn.
Meanwhile analysts at Credit Suisse did their bit for BP, raising their target price from 515p to 585p. They said:
BP remains our top pick for long-term investors, as we think the market remains overly pessimistic on the costs of the Macondo spill. The next catalyst is the February 2011 strategy update by Bob Dudley, which should give some visibility on BP’s portfolio after Macondo. We will not have clarity on gross negligence from the Department of Justice before the second half of 2011, but two other investigations could give a verdict in the first quarter.
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.
