by Mary Morley: Wednesday, 14 Dec 2016, 15:08 GMT
Nigeria has opened an investigation into an offshore oil field owned by Royal Dutch Shell (LON:RDSA) and Italy’s Eni, Reuters has reported. The move comes after Dutch and Italian investigators launched their own inquiries into the oil block.
Shell’s share price has been steady in today’s session, having inched 0.26 percent higher to 2,138.50p as of 14:28 GMT. The stock is outperforming the broader London market, with the benchmark FTSE 100 index having slipped marginally into the red and currently standing 0.14 percent worse off at 6,958.93 points. The group’s shares have gained more than 40 percent over the past year, as compared with about an 11.5-percent rise in the Footsie.
Reuters reported yesterday that Nigeria’s lower house had opened an investigation into an offshore oil field owned by Shell and Eni, with the move marking the latest inquiry into their acquisition of the OPL 245 license block which could hold up to 9.23 billion barrels of oil. The newswire quoted Yakubu Dogara, speaker of the country’s House of Representatives, a saying that the acquisition was a “breach of due process that resulted in monumental revenue loss to the country”. Shell acquired the block with Italy’s Eni SpA in 2011 for $1.3 billion (£901 million).
Earlier this year, Shell met with Dutch investigators who visited the group’s headquarters in The Hague in relation to a probe into the Nigerian offshore oil field. The group is also reportedly being investigated by Italian prosecutors over allegations of international corruption in relation to the OPL-245 block acquisition.
“As this matter is the subject of current investigations, it would be inappropriate for us to comment,” a spokesman for the Anglo-Dutch group told Reuters yesterday.
As of 15:09 GMT, Wednesday, 14 December, Royal Dutch Shell Plc ‘A’ share price is 2,136.50p.
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.
