By Selina Williams Of DOW JONES NEWSWIRES
— Shell shares traded down nearly 4% after the company reports a “light sheen” in U.S. Gulf
— Analyst says market is jittery that the sheen could develop into a bigger spill
— Shell said late Wednesday it has dispatched a vessel to the location
LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB) shares traded down nearly 4% early Thursday after the company reported a “light sheen” Wednesday in the central portion of the Gulf of Mexico, although the company says it has no “current indication” that oil is coming from nearby wells.
The market is jittery that the sheen could develop into a bigger situation, said an analyst who declined to be named, like Total SA’s (TOT) gas leak at its Elgin field in the North Sea, or BP PLC’s (BP) Deepwater Horizon disaster in the Gulf of Mexico nearly two years ago.
“There is a nervousness over the whole spill situation, following Deepwater Horizon and Total in the North Sea, so people are going to sell first, ask questions later,” the analyst said, adding that the shares could recover later depending on what Shell says in subsequent updates.
Late Wednesday, Shell said it had dispatched an oil-spill response vessel to a location between the Mars and Ursa production areas, and has requested aerial surveillance to monitor the one-by-10-mile sheen. Shell has no indication what the sheen may be comprised of, company spokeswoman Kelly op de Weegh said.
Shell facilities in the Gulf of Mexico include platforms in the Mars and Ursa areas, both of which are about 130 miles southeast of New Orleans, La., according to the company’s website. The oil and natural gas produced in the fields are transported to shore through pipelines.
Shell says it notified the National Response Center Wednesday and is acting out of “prudent caution.”
The report comes nearly two years after the Deepwater Horizon drilling rig exploded in the Gulf of Mexico, unleashing the worst oil spill in U.S. history.
At 0811 GMT, Shell shares were down around 3.3%, or 72 pence, at 2,113 pence, while the broader FTSE 100 index was down around 0.08%.
-By Selina Williams, Dow Jones Newswires +44 207 842 9262; [email protected]
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.
