Seeking Alpha
Shell is said to evaluate sale of holdings in largest U.S. oil field valued at as much as $10B
Jun. 13, 2021 7:19 PM ET Royal Dutch Shell plc (RDS.A), RDS.BBy: Josh Fineman, SA News Editor
- Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) is said to be considering selling its holdings in the largest U.S. oil field, holdings that may be worth as much as $10B.
- The oil major is said to be evaluating selling all of part of its about 260,000 acres (105,200 hectares) in the Permian Basin, located mostly in Texas, according to media reports earlier.
- CNBC reported that a sale is not imminent, though talks with a buyer or multiple acquirers are ongoing.
- Last week, Shell to speed up emissions cuts following Dutch court ruling, CEO says.
- Also see, Watch out for the next ‘oil crisis’: Sector Watch.
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: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
