Outgoing Shell chief executive Peter Voser says in an interview with the Financial Times his biggest regret during his time at the company is the failure of the company’s huge bet on US shale gas. Voser also described the technical setbacks Shell has suffered in its exploration campaign off the coast of Alaska as one of his greatest disappointments in the job. Voser said he did not know if Shell would go back into Alaska in 2014 or 2015.
Monday 07 October 2013
Outgoing Shell chief executive Peter Voser says in an interview with the Financial Times his biggest regret during his time at the company is the failure of the company’s huge bet on US shale gas.
The FT says Shell has invested at least $24bn in so-called unconventional oil and gas in North America. But the investment has yet to pay off and in August Shell said it would carry out a ‘strategic review’ of its US shale activities.
‘Unconventionals did not exactly play out as planned,’ Voser is quoted as saying.
He also admitted exploration results in US shale beds had been disappointing. ‘We expected higher flow rates and therefore more scalability for a company like Shell,’ he said.
Speaking to the paper three months before he is due to step down, Voser also described the technical setbacks Shell has suffered in its exploration campaign off the coast of Alaska as one of his greatest disappointments in the job.
Voser said he did not know if Shell would go back into Alaska in 2014 or 2015.
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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.
