
Shell leads the way on upstream spending plans, says GlobalData
Written by Allister Thomas –
Shell is leading the way on new-build spending plans to 2025, according to a new report from GlobalData.
The analysts forecast that the energy giant is expected to spend £42.4billion on a total of 60 upstream projects over the period..
Total global capital expenditure on new-build developments in the next six years is £657.8bn.
Behind Shell in the spending ranks Gazprom and ExxonMobil, spending £38.7bn and £33.4bn respectively.
Canada, the US and Russia can expect to see the highest spending, according to the report, along with Mozambique.
GlobalData analyst Soorya Tejomoortula said: “Shell has spread its new-build capex for the development of 60 upcoming upstream projects.
“This will further aid the company to expand its scale, and increase production and cash flows.”


















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.

























































