From the BBC News Archive: Shell delays shareholder meetings
Oil giant Shell is pushing back the dates of its shareholder meetings amid ongoing uncertainty about its estimates of oil reserves.
Friday, 26 November, 2004, 10:36 GMT ![]()
The world’s third largest oil company said its shareholder meetings due in April will now take place on 28 June.
The company is in the middle of a shake-up after shocking investors back in January by slashing estimates of its oil and gas reserves by 20%.
Its latest review of its reserves will be completed by the end of the year.
If the company is forced to revise estimates further, previous financial statements may have to be restated, which could delay publication of its results.
Dismantling
At present, the company plans to publish its fourth-quarter results on 3 February, 2005.
Shell is also in the middle of a restructuring, after the reserves scandal resulted in the ousting of top directors and led to about £80m in regulatory fines.
The oil giant plans to dismantle its dual-ownership structure where one board deals with Netherlands-based Royal Dutch and another takes care of UK-based Shell Transport & Trading.
Shareholders will vote on these proposals at next year’s annual meeting.
“Given this potential for delay and to avoid uncertainty for shareholders, the annual general meetings of Royal Dutch and Shell Transport & Trading will now be held on 28 June 2005,” the company announced.
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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.

























































