Contributed by: DeoBhagan
On October 4, Morgan Stanley Research Europe reported as follows:
This week we attended the Oil & Money conference in London, where a large number of company CEOs, energy ministers and industry experts presented. Below we focus on two presentations given by Shell CEO Peter Voser and Total CEO Christophe de Margerie. Combined, they highlight the ‘stress’ within the current energy system: capex must go up to meet future energy demand, but capex cannot go up because the industry already invests nearly all its cash flow and returns have become unattractive.
The first part of the statement above was argued for by Peter Voser, who made a strong call for the necessity of high and growing investments in energy infrastructure. A combination of population growth and rising average incomes, particularly in a number of developing countries, means that energy demand will continue to grow strongly over coming decades. At the same time, the industry is fighting against high decline of existing oil & gas fields. If the industry does not maintain high levels of investment, risk of a supply shortfall will increase, he argued, leading to large price volatility.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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.
