Why BP Plc (ADR) And Royal Dutch Shell Have Decided To Maintain Dividends Amid Falling Crude Price
Bidness Etc looks at why BP and Shell have announced to maintain dividends despite tumbling crude price and lower capital spending budgets
By: MICHEAL KAUFMAN: Published: Feb 7, 2015
Crude oil price is a major source of concern for energy companies, since it has tumbled over 50% during the last six months. Companies amid the low-price scenario are looking to maintain adequate liquidity. Shareholders are also concerned over the amount of dividends they are likely to receive in the current scenario.
Shares of BP plc (ADR) (NYSE:BP) since the last six months have fallen over 18%, while shares of Royal Dutch Shell plc (ADR) (NYSE:RDS.A) have plummeted 15%. Investors and shareholders are clearly concerned regarding the ability of the energy companies to pay consistent dividends during these troubled times and have caused the energy stocks to crash since the crude oil price collapsed.
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.
