Shell, which by energy output is now approaching 60% gas, has already backtracked and downsized its shale gas and oil programs…
By: Andrew_McKillop Mar 09, 2012 – 09:51 AM
Exxon, which by energy output is now 49% gas, failed in its first two efforts to crack gas-rich shale fields in Poland…
Shell, which by energy output is now approaching 60% gas, has already backtracked and downsized its shale gas and oil programs. Initially intending to spend about $5 bn on drilling shale field this year, its CEO Marvin Odum now places spending at $3 billion to $5 billion, Odum adding: Were at the lower end of that right now because of where natural-gas prices are.
CHEAP GAS AND FRACKING ARE NOT BEDMATES
Shell’s strategy is now moving towards only raising output in liquid-rich shale areas, producing “wet” gas, which can yield synthetic light crude oil or more gas-liquids such as propane. The Hague-based company, which is also active in China and Europe is likely to set a cap on shale gas E&P spending for 2012 unless natural gas prices rise in the US or exploration prospects in “wet” gas formations prove successful.
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: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
