The cash pile potentially could also make BP a merger/bid target again, with old sparring partners Shell a possibility.
ALEX BRUMMER: Dark financial clouds over the Diamond Jubilee
By Alex Brummer: PUBLISHED: 22:06, 1 June 2012
Oil divorce
Political risk is part of what oil companies do. So it is somewhat surprising that BP’s board, chaired by keen yachtsman Carl-Henric Svanberg, has decided to cut and run from TNK-BP.
This despite the fact that it has been such a profitable asset, helping to keep the cash flowing while the Gulf of Mexico oil disaster has been playing itself out.
However, the relationship with Mikhail Fridman and the other oligarchs running AAR, BP’s Russian partner, has become toxic. The constant threat of legal action against BP is an uncertainty it could do without, and the TNK-BP relationship has proved a bar to keeping on the right side of President Putin’s autarchy and in particular Rosneft and the path to Arctic exploration.
If BP is able to pocket the $30billion to $35billion expected from the sale it could open all kinds of new frontiers in more promising territories including the Russian Arctic. That should keep chief executive Bob Dudley active.
The cash pile potentially could also make BP a merger/bid target again, with old sparring partners Shell a possibility.
COMPLETE ARTICLE: ALEX BRUMMER: Dark financial clouds over the Diamond Jubilee
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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.
