The Brazilian government is dispatching army troops to protect the auction of a $184 billion oilfield today in a Rio de Janeiro hotel. Soldiers, army vehicles, helicopters and navy ships are guarding the hotel in a beach-side suburb of Rio where companies including China National Petroleum Corp., Royal Dutch Shell Plc (RDSA) and Total SA (FP) are expected to vie for one of the world’s two largest offshore fields at 3 p.m. local time…
October 21, 2013
The Brazilian government is dispatching army troops to protect the auction of a $184 billion oilfield today in a Rio de Janeiro hotel.
Soldiers, army vehicles, helicopters and navy ships are guarding the hotel in a beach-side suburb of Rio where companies including China National Petroleum Corp., Royal Dutch Shell Plc (RDSA) and Total SA (FP) are expected to vie for one of the world’s two largest offshore fields at 3 p.m. local time, as oil workers protest the concession. The security operation, which also includes police forces, began over the weekend.
The Libra auction will be the first since Brazil announced the discovery of the so-called pre-salt oil reserves in 2007 in the biggest discovery this century. The country’s main oil union has been protesting the auction with pickets outside the headquarters of state-run Petroleo Brasileiro SA (PETR4), or Petrobras, in downtown Rio and strikes that began last week to demand that the state retain control of the field. By law, Petrobras will hold at least a 30 percent stake and will act as operator.
The security deployment follows nationwide street protests that started in June over an increase in bus fares and expanded to include demands for better education and the removal of Rio Governor Sergio Cabral. Protesters last week entered the Energy Ministry in Brasilia.
At least 24 injunction requests had been filed in different Brazilian cities through yesterday requesting the suspension of the auction, with at least 18 dismissed by courts, Rio de Janeiro-based newspaper O Globo reported late yesterday, citing the national prosecutor’s office.
Libra is estimated to hold between 8 billion and 12 billion barrels and development will require a 400 billion-real investment during the 35-year concession, according to Brazil’s oil regulator. That would make it one of the two biggest offshore oil fields in the world together with Brazil’s Lula.
To contact the reporter on this story: Rodrigo Orihuela in Rio de Janeiro at [email protected]
To contact the editor responsible for this story: James Attwood at [email protected]
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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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