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Sep. 29, 2015
Summary
* The Burger J well test results were a dud, no major reserves found.
* Shell puts Arctic drilling on hold indefinitely, which further reduces future capex.
* Dividend yield tops the 8% mark.
Royal Dutch Shell (RDS.A / RDS.B) was always upbeat about the prospects of drilling in the Arctic, targeting resources that could be 10 times greater than the sum of oil and gas produced so far in the North Sea. Somewhat puzzling, the Anglo-Dutch multinational pressed on with its plans even though rivals Exxon Mobil (NYSE:XOM), BP (NYSE:BP), Chevron (NYSE:CVX) and ConocoPhilips (NYSE:COP) had all suspended activity in the area.
Despite big concerns from environmentalists and shareholders, and earlier misadventures in the region, the company argued it was just too big a prize to avoid the Arctic.



Christopher Adams, Ed Crooks and Jack Farchy



























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.

























































