By EMILY DAVIES FOR DAILY MAIL: 11 January 2016
Shell’s mega bid for rival BG Group has received crucial backing in the US as the oil giant’s boss predicts the price of oil could double.
Glass Lewis, which gives guidance to US investors, has said it supports the £36billion offer that Royal Dutch Shell made in April last year.
Shell chief executive Ben van Beurden has shunned suggestions the deal is unwise due to sinking oil prices, currently around $33 per barrel, and has predicted prices will double.
He said: ‘The oil prices we are seeing today are not sustainable and are going to settle at higher levels over the next few decades than the low $60s that we require to make this deal a good deal.’
But Shell’s own finance boss, Simon Henry, said just days before that the price of oil could fall to $20 a barrel within weeks.
Prices have crashed 40 per cent since Shell first made its offer nine months ago, which has lead some investors, including Standard Life, to oppose the deal.
In giving its backing, Glass Lewis acknowledged price concerns but said it too expected prices to rise. It said in a statement: ‘We see a reasonable basis to maintain a belief that over the long term oil prices will recover.’
It added that Shell and BG together would be sufficiently diversified to be insulated from oil market downturns and the new company could see ‘significantly improved financial results’.
Glass Lewis, which represents investors holding nearly a quarter of Shell’s shares, is the latest to back Shell’s bid, after fellow investor advisory board, the Institutional Shareholder Services, gave its support last week.
Shareholders have until January 28 to vote on the takeover which, if approved, could be completed by February.
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.
