By Brian Swint – Apr 1, 2011 8:05 AM GMT+0100
Royal Dutch Shell Plc (RDSA) sold most of its fuel business in Chile to Quinenco for $614 million as it focuses on increasing global production.
The sale will cover Shells retail, commercial fuels, bitumen and chemicals businesses, the Hague-based company said in a statement today. The disposal is part of plans to operate in fewer and larger markets for the half of the business that brings fuel to consumers, it said.
Chief Executive Officer Peter Voser last month pledged $1 billion of extra cost cuts in refining and marketing as the company tries to accelerate output growth through 2014. Voser is targeting $5 billion in asset sales this year.
This deal is consistent with our strategy to concentrate our downstream footprint and I strongly believe it is in the best possible interests of staff, Shell shareholders and our customers, said Mark Williams, head of Shells downstream business. Quinenco will continue to provide the high quality Shell products that our Chilean customers have come to trust and rely on over many decades.
To contact the reporter on this story: Brian Swint in London at [email protected]
To contact the editor responsible for this story: Will Kennedy at [email protected]
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.
