By John Donovan
According to an article by Dominic O’Connell published in a whole page article in The Sunday Times on 9 November 2014, Prelude is in danger of becoming a white elephant. (See page 5 of the Business Section)
The article correctly describes Prelude as the brainchild of Royal Dutch Shell (unless it turns out that Shell pirated the technology).
Shell is described as a venerable oil and gas company said to have a history of making big plays that might not generate dividends for decades.
Dominic O’Connell correctly points out that the shale boom in the USA has driven down the price of gas – hence the danger to Prelude.
The references to Prelude are contained within an article about the “best value-for-money Chief Executives.”
According to research revealed in the article, Royal Dutch Shell over the past four years, has had the best value-for-money chief executive in the FTSE 100.
Extract
For every pound paid in compensation to Ben van Beurden and his predecessor Peter Voser, shareholders have received £3,803 – narrowly beating Nicandro Durante at British American Tobacco (BAT), who returned £3,737.
There is some more promising news, not from the article, but from information I have received.
Shell insiders have made increasingly positive comments about Ben van Beurden.
It seems Shell may have its best leader for a long time.
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.
