By Chris Prentice | NEW YORK
Royal Dutch Shell Plc’s U.S. arm has offered more than $26 million to buy Abengoa SA’s cellulosic ethanol plant in Kansas, according to documents filed late Wednesday in bankruptcy court.
Shell’s initial bid on Abengoa’s bankrupt biofuels asset marks the oil major’s latest push into renewable fuels as the U.S. government is getting its over decade-old biofuels policy back on track following years of regulatory delays.
“This move is in line with Shell’s strategy to develop biofuels” that use sustainable feedstocks, Shell spokeswoman Natalie Mazey said in an emailed statement.
For Abengoa, the potential sale is the latest step to shed its U.S. renewables assets as the company pushes on with efforts to avoid becoming Spain’s biggest bankruptcy after more than a decade of heavy borrowing to fuel an expansion into clean energy.
Shell has offered the sum as a “stalking horse” bid, which serves as an initial base bid in the auction process, according to the filings. The company asked the U.S. bankruptcy court in Kansas to expedite a sale hearing for Friday.
Abengoa has already auctioned off several of its conventional ethanol assets. Its 25-million-gallon cellulosic plant near Hugoton, Kansas, can turn plant waste into an advanced biofuel that qualifies for the country’s Renewable Fuel Standard (RFS) program.
Shell also has a sugar-ethanol joint venture with Brazil’s Cosan SA Industria e Comercio and said earlier this year it wants renewables including biofuels and wind to become “essential” for the company.
(Reporting by Chris Prentice; Editing by Cynthia Osterman and Richard Chang)
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.
