As many know, Big Oil companies have suffered major losses as a result of the pandemic, as oil demand plummeted. Now, however, the prospects for the industry are looking more dismal than ever. As oil supermajors have faced increasing pressure to shift toward more sustainable business strategies, such pressure will certainly result in companies looking to renewables as the solution to this shift.
Recently, both Exxon Mobil and Royal Dutch Shell were hit with critical climate-related decisions. A Netherlands court ruled that Shell must drastically reduce its emissions this decade in what was “the first time a court ordered a private company to, in effect, change its business practice on climate grounds.” This was a seminal moment that will greatly benefit the clean technology space, leading it to become the norm, and no longer the alternative source for power in society.read more
Big oil has a big problem. It’s running out of oil.
Years of under-investment in exploration and a decline in project development has blown a hole in the reserves of the major international oil companies (IOCs), a group that includes ExxonMobil, Chevron and Royal Dutch Shell.
Since 2015 the average reserves of the oil majors has fallen by 25% to now stand at less than 10 years of annual production.
Reserves in the ground is a critical measure of an oil company with a decline seen as a negative by investors.read more
Dec 29th, 2019
by John Donovan.
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Russia is not forcing Shell to buy its gas. Shell is also a big investor in solar power and is a 50% owner in offshore wind farms Atlantic Shores in New Jersey and the Mayflower Consortium in Massachusetts.
Last week’s announcement from the White House of a cease and desist order for the foreign firms building the Russia-to-Germany natural gas line may come about a year too late.
Nord Stream 2 was always seen as a slap in the face to Ukraine, once a main route into Europe for Gazprom’s natural gas from Russia. But Russia and Ukraine have since gone their separate ways, pulled closer into Europe and the U.S.’s orbit by both Washington and Brussels, and now Russia has opted to look for alternatives.read more
Sep 10th, 2019
by John Donovan.
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While it is unclear whether sanctions would stop the project, they would certainly alienate major European energy companies, including Royal Dutch Shell…
By Ike Brannon and Eric Miller
A central plank of President Trump’s foreign policy toward Europe has been a demand for greater “burden-sharing” in the costs of defending the continent. Since the founding of the North Atlantic Treaty Organization (NATO) in 1949, the United States has paid the lion’s share of the bill for the Alliance. In 2006, NATO Defense Ministers formally agreed that each of its 29 members would spend a minimum of 2% of their GDP on defense. Yet, according to a March 2019 NATO report, only 7 of the 29 members have reached the 2% goal.read more
Today there were reports that oil and gas giant Shell is keen to get involved with the UK’s vibrant offshore wind sector. Earlier this month it announced that it bought the German energy storage and management provider sonnen.
If news had broken three years ago that Shell had acquired a 100% stake in a German energy storage company the reaction would have been confusion, surprise and probably a dose of suspicion.
Royal Dutch Shell is heavily investing in research and development of artificial intelligence (AI), which it hopes will provide solutions to some of its most pressing challenges.
From meeting the demands of a transitioning energy market, urgently in need of cleaner and more efficient power, to improving safety on the forecourts of its service stations, AI is at the top of the agenda. I have been working with Shell over the past months to help create a data strategy, which gave me a thorough insight into Shell’s AI priorities and initiatives.read more
Royal Dutch Shell (NYSE: RDS.A), saw profits surge in the last quarter, as improvements to capital efficiency has meant the company reported a strong quarter. With oil prices falling into the twenty’s a couple of years ago, Shell decided to re-focus its strategy. Previously it had focused on acquiring assets, and paid little attention to quality. When the oil prices fell, it had to quickly re-strategize to keep profitability up, and the strategy has paid off. Gas and exploration income almost doubled from the previous year, and the upstream segment of the company saw significant increases. Along with the increase in income, profits almost tripled from the previous year .read more
For ExxonMobil (NYSE:XOM) shareholders much of the current trading has felt decidedly lackluster. Upon the conclusion of the recent earnings season, most commentators agreed that neither it nor its Anglo-Dutch rival Shell (LON:RDSA) managed to captivate the market’s imagination.
Royal Dutch Shell’s (NYSE: RDS.A) Integrated Gas business accounts for 20% of the company’s value, according to our estimates. LNG price movement is closely related to that of crude oil prices. As such, the average price realization for LNG was lower in 2015 and 2016. However, a recovery in oil prices since the second half of 2017 led to better price realization for Shell in the recent quarters, and this has aided the segment growth. We expect a low single digit segment revenue growth in 2018, and beyond, led by an increasing demand for LNG. We have created an interactive dashboardhighlighting the company’s Integrated Gas business. You can adjust revenue drivers and margins for 2018 and 2019 to see how it impacts the company’s overall revenues, earnings, and price estimate. Below we discuss our expectations and forecasts for the segment.read more
Royal Dutch Shell took the top spot among oil and gas companies on the Forbes Global 2000’s list of the biggest and most powerful public companies, surpassing last year’s leader Exxon Mobil Corp.
The Anglo-Dutch oil and gas giant ranked 11th among all companies on the list, up from 20th the previous year, mostly because of higher sales due to lofty commodity prices. Irving, Texas-based Exxon came in at 13th, the same as last year.read more
Opinions expressed by Forbes Contributors are their own.
The internet is going gaga over Royal Dutch Shell’s new “Sky” scenario, which discusses the impact on the energy industry of efforts to limit climate change. Many treat the existence of such a scenario developed by a major oil company as evidence that a) an important oil industry player expects this to happen, b) projections of a severe climate policy future are validated.
Writing as an aged methane emission, this is not really new. In the 1990s, Shell was cited by many environmental advocates for appearing to have sided with them. As Curtis and Romm said in 1996, “Imagine another world in which fossil-fuel use had begun a slow, steady decline; more than a third of the market for new electricity generation was supplied from renewable sources; the renewables industry had annual sales of $150 billion; and the fastest-growing new source of power was solar energy. An environmentalist’s fantasy, right? No, that’s one of two planning scenarios for three to four decades from now, developed by Royal Dutch/Shell Group, the world’s most profitable oil company, which is widely viewed as a bench mark for strategic planning.” read more
Mar 21st, 2018
by John Donovan.
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Daniel Fisher: Writer and communications consultant and former senior editor with Forbes magazine; 21 March 2018
Five of the world’s largest oil and gas producers have filed a motion to dismiss a climate change lawsuit against them by the cities of Oakland and San Francisco even as they prepare to deliver an unusual “tutorial” on climate science to the federal judge overseeing the case.
In a 45-page filing on Tuesday, Chevron, BP, ConocoPhillips, ExxonMobil and Royal Dutch Shell urged U.S. District Judge William Alsup to dismiss the lawsuit seeking billions of dollars to pay for costs associated with global warming. The oil companies argue the U.S. Supreme Court and the U.S. Court of Appeals for the Ninth Circuit have repeatedly rejected similar lawsuits against oil companies, the auto industry and electric utilities because Congress has given authority to regulate CO2 emissions exclusively to the Environmental Protection Agency.read more
Oil giant Royal Dutch Shell’s trading arm Shell Trading International made a significant move into blockchain development on Thursday (18 January) by bagging a minority stake in London, U.K.-based start-up Applied Blockchain.
In the simplest of terms, a blockchain is akin to a digitally distributed ledger that can be replicated and spread across many nodes in a peer-to-peer network, thereby minimising the need for oversight and governance of a single ledger.read more
Jan 9th, 2018
by John Donovan.
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…these are also the same waters unsuccessfully explored by Royal Dutch Shell in 2015, after which the company halted Arctic operations for the foreseeable future.
Interior Secretary Ryan Zinke released the Trump Administration’s long-awaited offshore drilling proposal last week. Once enacted, the plan will replace the existing leasing schedule, which was designed by the previous administration and had been set to run through 2022. New administrations are free to scrap the hold-over plans of prior administrations, and anyone who followed the 2016 presidential campaign knew that President Trump had a dramatically different view of offshore energy development than his predecessor.read more
Jan 2nd, 2018
by John Donovan.
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Claire Poole , CONTRIBUTOR: 29 Dec 2017
No doubt about it, it’s been a tough three years for the oil and gas industry, which has been wracked by lower oil prices, a raft of bankruptcies and a lack of investor confidence. Stocks of oil and gas explorers and producers, oil and gas equipment and services providers and oil and gas drillers were three of the eight worst performing sectors this year, according to a recent report from Fidelity Investments.
But analysts at RBC Capital Markets – which is known for its oil and gas coverage – think the energy cycle has hit its low and is now entering the second full year of recovery. They say the “oil macro” continues to firm, global inventories are dropping and oil prices have begun to respond to tightening supply-demand. “Excess capacity throughout the energy chain continues to be absorbed,” they say.
The firm thinks exploration and production money flow globally will continue to skew to North America, especially West Texas’ and New Mexico’s Permian Basin, although they say they are starting to see oil companies “dust off” their international and offshore projects as well.read more
With the growing inclination towards the use of cleaner and environment-friendly sources of energy, natural gas has emerged as a preferred choice of fuel worldwide. However, due to the challenges related to the transportation and storage of gas, the demand for liquefied natural gas (LNG) has grown faster than the demand for natural gas over the last decade. As a result, natural gas producers, particularly in the U.S., have been expanding their LNG operations to capitalize on the booming demand for the commodity. Royal Dutch Shell (NYSE:RDS.A) is one such integrated energy company that has been increasing its presence in the gas markets. In this note, we discuss how Shell’s integrated gas business will drive value for the company over in the long term.read more
“Royal Dutch Shell PLC’s chief executive drew a collective gasp with his “lower forever” comment as one recent story put it.” Funny, in 2012 when I said at an OPEC conference that the price was likely to return to the $50-60 range, it was not even taken seriously enough for gasps: the moderator actually thought I was joking, and an oil company CEO replied, ‘Well, you hate to call someone an idiot’ apparently unaware I’ve been called much, much worse.read more
Jul 20th, 2017
by John Donovan.
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Investors Squeezing Oil & Gas Developers To Cut Methane
By Ken Silverstein , CONTRIBUTOR: I write about the global energy business.: July 20, 2017: Opinions expressed by Forbes Contributors are their own.
Oil and gas developers may soon be feeling the effects of a one-two punch — an adverse court ruling dealing with their methane emissions and now an investor-led initiative pushing them to be more transparent.
Natural gas, of course, has become the fuel of choice — a fuel that markets itself as far less pollutive than coal. But methane is its main component, which is 84 times more potent than CO2, although its lifespan is 20 years compared to 100. Indeed, methane makes up about 25% of the global warming today. read more
As Saudi Aramco’s much hyped IPO approaches, the company’s most recent annual review, released last week, provides insight into its strategic direction. Aramco has positioned itself to be accepted by investors as a major international oil company (IOC) and as a globally diversified energy enterprise with integrated downstream and sales operations around the world. Currently, Aramco is a national oil company (NOC), owned by the government. But upon its expected public offering of shares, it will join the ranks of other major IOCs.read more
Though sales at Royal Dutch Shell have been declining, the company’s profit more than doubled in the past year – catapulting it to the top of our 2017 list of Europe’s largest companies.
Shell is one of 469 Europe-based public companies on Forbes’ Global 2000, our annual ranking of the world’s largest public companies.
For the past year, Shell saw $234 billion in sales,$4.6 billion in profit, $411 billion in assets and a market cap of $228 billion. In 2016, the company ranked as the 50th largest company in the world. Today, it ranks 20th.read more
Royal Dutch Shell moved away from multi-month lows in Thursday business after announcing a sharp earnings bounceback during the first quarter of the year. The stock was last 1% higher from the midweek close.
Shell — which moved to its cheapest since late November in recent sessions — reported that earnings on a constant cost of supplies (or CCS) basis leapt 315% during January-March, to $3.4bn thanks to a steady recovery in the oil price.
In particular, Shell chief executive Ben van Beurden noted that ‘we saw notable improvements in Upstream and Chemicals, which benefited from improved operational performance and better market conditions.’read more
Apr 10th, 2017
by John Donovan.
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Jonathan Webb, CONTRIBUTOR. I write about the supply chain and corruption: 10 APRIL 2017
A recent publication of leaked emails has found evidence that Shell knowingly bribed ministers in the Nigerian government. Global Witness, an anti-corruption NGO, described the episode as “one of the worst corruption scandals in the history of the oil industry”.
The affair relates to OLP 245, an offshore oilfield in Nigerian waters that is estimated to hold nine billion barrels of oil, valued at over half a trillion dollars at current prices.read more
Royal Dutch Shell plc (NSYE:RDS.A) has been on a divestiture spree after its debt-laden $50 billion purchase of BG Group plc last year, the latest being its sale of some of its oil and gas properties in the North Sea to private equity-backed Chrysaor Holdings Ltd. for $3.8 billion as well as its stake in a Thailand field to Kuwait Petroleum Corp. for $900 million. The sales — which follow the recent unloading of assets in Saudi Arabia, Japan and Australia – are nudging it toward 40% of the $30 billion divestiture goal it hopes to reach by the end of next year. What could be next?read more
The hits just keep on coming from our outgoing President. On Wednesday, Mr. Obama took one more of many parting shots at the domestic oil and gas industry at the behest of his supporters in the anti-development lobby, setting aside much of the northeastern Atlantic coast, all U.S. waters off the North Slope of Alaska in the Beaufort Sea and almost all of the federal waters in the adjacent Chukchi Sea “indefinitely off-limits for future oil and gas leasing.”read more
Investors in the fossil fuel sector have finally had cause to celebrate this week after OPEC suggested that an output freeze could finally be in the offing.
The idea had initially been tabled at the start of the year as Saudi Arabia, Qatar, Venezuela and Russia got around the table. But Iran’s determination to get the pumps ramped back up to pre-sanction levels put the plan firmly on the backburner.
However, with Tehran’s reluctance to take part in a deal now apparently thawing, stock pickers have become more optimistic over the growth outlook for many of the oil industry’s major players.read more
With the ever-growing energy needs worldwide, the conventional sources of energy are likely to exhaust soon. Having explored the majority of the onshore reserves, oil and gas producers around the globe are now moving to offshore reserves, that are primarily formations in deep waters, containing thick layers of oil and gas in permeable rock. Consequently, Deepwater drilling, often used to categorize drilling in water depths of greater than around 400 meters, has become an attractive alternative to onshore drilling. In line with this growing trend, Royal Dutch Shell (NYSE:RDS.A) has categorized Deepwater as one of its growth priorities for the next five years. (Also Read: Shell’s Growth Priority Over The Next Five Years – Chemicals) In this note, we discuss the growth potential of the deepwater market, Shell’s positioning in this market, and its strategy going forward.read more
Mar 23rd, 2016
by John Donovan.
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One Floating LNG Dream Sinks As Another Gets Ready To Float
Unfortunately for Shell it formally committed to the Prelude development in May, 2011, a time when oil was selling for around $120 a barrel, three-times the current price of around $41/bbl.
No-one blinked and share prices barely fluttered when a $40 billion plan by Australia’s Woodside Petroleum ngIf: ticker to develop a floating liquefied natural gas (LNG) project was torpedoed earlier today.
However, the knock-on consequences of sinking the Browse project will be felt most acutely at Europe’s biggest oil company, Royal Dutch Shell ngIf: ticker .
The immediate impact on Shell is that it has a 27% interest in the Woodside-led Browse LNG project, but it is also nearing completion of the world’s biggest floating LNG barge, the $12.6 billion Prelude project.read more
Feb 16th, 2016
by John Donovan.
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Ben van Beurden, Chief Executive Officer of Royal Dutch Shell, said in Brazil on Feb. 15 that the government should allow for more foreign investment in the country’s lucrative off-shore oil fields without having to partner with beleaguered oil major Petrobras.
By Contributor: Kenneth Rapoza: 15 Feb 2016
Brazil’s government-owned oil giant, Petrobras, should cede some of its drilling rights to foreign firms, Royal Dutch Shell Oil CEO Ben van Beurden was quoted saying in Estado de Sao Paulo newspaper on Monday.
The Shell Oil man is arguing for greater private investment in Brazil’s precious off-shore oil fields in the Atlantic Ocean, rather than current rules that require 50% ownership by Petrobras. In theory, such a move would entice private oil firms to explore for more oil and keep it for themselves, rather than having to share half of it with Petrobras. That wouldn’t eliminate government royalties, of course, but it would give foreign firms like Shell the incentive to explore and develop deep water oil fields on their own.read more
The Royal Dutch Shell plc ADR (RDS.A) and BG Group plc ADR (BRGYY) merger, which looked liked such a win-win for everyone has grown a bit complicated as the deal nears completion. The premium has shrunk, as have the benefits of the merger with prices under $90 a barrel.
However, there are still some takeaways for investors to breathe easier about. First, Shell has never cut or suspended its dividend in 40 years. That includes the late 1980s when oil was at $10. And despite a 56% drop in fourth quarter profits, the firm has reiterated it will maintain its dividend for 2016.
The firm has delayed capital expenditures and cut spending. It plans to slash another 3% of its employees this year after the merger.
The Shell BG merger increases Shell’s reserves by 25% and its output by 20%. More importantly, it makes Shell a well positioned producer of LNG – a segment that is growing internationally as oil declines. The merger takes Shell from third to the second largest public oil producer by capitalization after Exxon.read more
Oil & Gas companies across the globe are choosing to curtail capital expenditures even though it might mean the loss of growth in future production. Royal Dutch Shell Plc. is also adopting this strategy and recently announced that it is revising its capital spending estimates for 2016.This announcement is the latest in a spate of cost cutting decisions the company has taken in the wake of the extended period of low crude oil prices. We believe that this is the right way forward for Royal Dutch Shell in the near term, and these measures will be beneficial in maintaining the company’s cash profit margins till oil prices begin to recover in the long run.read more
Dec 4th, 2015
by John Donovan.
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Royal Dutch Shell CEO Ben Van Beurden addresses a keynote speech during the World Gas Conference in Paris on June 2, 2015. Photo Credit: ERIC PIERMONT/AFP/Getty Images)
The proposed $70 billion Shell-BG Group mega deal, one of the largest energy deals in a decade, is now a reality, at least in Australia.
On Thursday, the Australian Foreign Investment Review Board (FIRB) gave the green light to the energy tie-up. The deal has already received regulatory approval in the US, EU and Brazil, while regulatory approval from Chinese authorities is still pending, but expected to be granted. The FIRB approval comes just two weeks after the Australian Competition and Consumer Commission (ACCC), the country’s competition regulator, approved the deal.read more
Nov 27th, 2015
by John Donovan.
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Trefis Team, CONTRIBUTOR: NOV 27, 2015
…the Chinese authorities reviewing the proposed Royal Dutch Shell – BG Group merger are reportedly urging Royal Dutch Shell to dole out concessions on long-term liquefied natural gas supply contracts with the country.
After getting an all-clear from the Australian completion authority last week, Shell now needs clearance from China and Australia’s Foreign Investment Review Board for the deal to close as planned in early 2016.
The latest quarterly results season is receding into the accounting archives, with BP, Royal Dutch Shell, Chevron and the keenly anticipated numbers of Exxon Mobil now with us.
That lower oil prices continue to dent profits at the world’s biggest oil companies is no longer news. Figures on their often unloved downstream operations performing well bring a few smiles and keep detractors of the integrated model quieter than usual.
Take big beast Exxon, which reported quarterly profits of $4.24bn, down 47% on an annualized basis from the same quarter last year. Its profits from refining doubled to about $2bn, but upstream takings fell 79% to $1.4bn. Prior to Exxon, smaller rivals (e.g. – BP, Shell and Chevron) had all posted declines in headline quarterly profits earlier in the week. Yet read between the lines of the profit declines, and a common message on how to cope seems to be emerging.read more
Royal Dutch Shell Plc. is one of the world’s leading oil & gas companies with operations all across the globe. The company has been hit hard by the current downtrend of low crude oil prices and its average price realizations in both upstream and downstream segments have suffered as a result. Consequently, we believe that Royal Dutch Shell’s Trefis adjusted total revenue for the year 2015 will decline by close to 30% as compared to last year and amount to $337.3 billion (Calculated revenue figures not subjected to any intersegment elimination). However, we believe that a gradual recovery in oil prices in subsequent years will lead to a period of growth in Royal Dutch Shell’s revenues and the company’s revenues will be just shy of $450 billion by the end of our forecast period (2022). Our price target for Royal Dutch Shell stands at $62, implying a premium of more than 10% to the market. In this piece, we try to analyze some of the key drivers we have used in our valuation of Royal Dutch Shell.read more
Oct 7th, 2015
by John Donovan.
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Trefis Team, CONTRIBUTOR: OCT 7, 2015
Royal Dutch Shell‘s dividend yield has reached a high of over 8%, given that its stock price fell by almost 18% in the last three months. The company has committed to paying its current dividend for the current financial year despite the pressure on its net income. However, it is now uncertain whether the company will be able to sustain this dividend in the future. The market seems bearish on Shell’s growth prospects.Our current price estimate for Shell stands at around 30% above the market price. In our bear case scenario, our price estimate faces a 20% downside, based on a reduced forecast for global crude oil prices, Shell’s exploration success, and downstream EBITDA margins. However, we remain optimistic on Shell, given its long standing history of dividend payments, we believe that Shell will not initiate a dividend cut.read more
The Nigerian presidency has confirmed the arrest of a former Petroleum Minister, Diezani Alison-Madueke, in London, over allegations of corruption and money laundering.
“The government is aware of the arrest and all the government investigative agencies are working very closely with the British law enforcement,” the Senior Special Assistant to the President, Garba Shehu, told PREMIUM TIMES exclusively on Sunday.
“Nigerian authorities are saying for the first time that matters are being handled with seriousness and deep commitment. Nobody wants to give the impression that this government is frivolous and unserious.
“For this reason, government is only confirming active collaboration. Beyond this, we are not saying more. In due course, Nigerians will be briefed on updates as appropriate.”read more
The company’s departure is certainly a pause in a new era of Arctic exploration, but it’s not the end.
After seven years of preparation and several billion dollars spent, Shell has decided to abandon its exploration program in the U.S. Arctic “for the foreseeable future.” This follows barely two months’ drilling in the Chukchi Sea at the company’s Burger J well, located 150 miles northwest of Barrow, Alaska. Evaluation of all data revealed “indications” of oil and gas but not enough to justify further activity in today’s low price environment.read more
Ever since announcing the $70 billion deal to acquire BG Group back in April, Royal Dutch Shell Plc. has been busy these last few months obtaining the required merger related approvals from various regulatory authorities. After obtaining the required clearances in Brazil, the U.S., and Europe, the process hit a snag in Australia. This is not surprising as Australia is significantly more affected by the deal in comparison to the other countries. We believe that the Australian competition authority could ask Shell to divest some of its holdings before giving the necessary clearance to the deal and the company could face similar demands from Chinese regulators as well. We also believe that Shell will agree to the conditions imposed (if any) as the company stands to benefit from the merger in the long run. The deal will allow Shell to consolidate its leadership position in the global Liquefied Natural Gas market and increase its exposure towards the exploration and development of deepwater hydrocarbon reserves, primarily the pre-salt reserves offshore Brazil.read more
Sep 18th, 2015
by John Donovan.
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Tim Treadgold, CONTRIBUTOR
Shareholders in Royal Dutch Shell ngIf: ticker will be uncertain whether they should thank, or criticize, the Australian Government’s competition regulator for threatening the proposed $70 billion merger with rival oil and gas producer, BG Group ngIf: ticker .
On one hand, a deal which could transform Shell is being threatened. On the other hand, missing out on BG could be the best result for Shell.
The problem is that BG’s primary appeal to Shell is that the target, once known as British Gas, is heavily exposed to liquefied natural gas (LNG), a fuel moving into a period of significant over-supply and potentially lower prices, at least in the short term.read more
Last week, Greenpeace activists succeeded in temporarily halting Shell’s icebreaker, MSV Fennica, from starting its voyage out of Portland, Oregon. The vessel was to join the rest of the fleet on its way to the Artic to begin oil exploration. In defiance of a federal court injunction to halt river traffic, 13 Greenpeace activists hung off St. Johns Bridge while kayaks below blocked the waterway, preventing the ship from passing under the bridge. After a day of delays, the vessel left Oregon early Friday morning with the help of law enforcement, after a federal judge found Greenpeace in contempt and fined them $17,500 for impeding the ships progress.read more
Greenpeace’s ongoing attack on Royal Dutch Shell is a concern for energy resource and thus human development around the world. It failed, but Greenpeace just tried to stop Shell’s icebreaker from leaving port in Portland, Oregon, in the hopes of blocking Shell’s drilling plans in the Arctic. Greenpeacers dangled from ropes off St. Johns Bridge to stop the Arctic drilling ship. A federal judge in Alaska ordered Greenpeace to pay $2,500 for every hour that protesters block the icebreaker from leaving Portland.read more
Jul 31st, 2015
by John Donovan.
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Himler Contributor: Media, tech & marketing through the eyes of a seasoned PR strategist. : 31 July 2015
It was the early nineties and I was headed down to Houston with a video crew in tow. Our task: to capture generic footage of motorists filling up at Shell gas stations for use as part of a satellite news feed for an imminent company news announcement.
During the planning and prep session with Shell Oil Company’s CEO, its head of refining and others, I was informed that this would be the company’s first-ever news conference(!). Shell planned to introduce the nation’s first “environmentally enhanced” gasoline*, SU2000E, and we were retained to mount the presser and feed the footage to the dozen cities in which would be available.read more
…some very powerful entities in the E.U. have had it with sanctions. For example, Gazprom, Shell, E.ON and Austria’s OMV Group signed a memorandum last Thursday…
It’s been nearly a year since sectoral sanctions were slapped on Russia for its involvement in helping create a frozen conflict in Eastern Ukraine. European and American companies banned financing of Russian energy firms, and banks. They banned any joint venture deals with Russian oil and gas companies that involved exploration and production, or the selling of technologies used in E&P. But if a string of memorandum of understandings signed during last week’s St. Petersburg International Forum puts anything in the spotlight this week it is this: some very powerful entities in the E.U. have had it with sanctions.read more
Jun 5th, 2015
by John Donovan.
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Article by Nathan Vardi: Forbes Staff: Friday 5 June 2015
To the surprise of nobody, Saudi Arabia and the other OPEC member states decided in Vienna on Friday to maintain production targets of 30 million barrels a day, making sure the world remains flooded with oil. The fact that OPEC—particularly the core countries of Saudi Arabia, Kuwait and the United Arab Emirates—have refused to play their traditional stabilizing role and cut oil production makes it less likely that oil prices will rebound to the $115 a barrel level that was reached about one year ago.read more
The oil and gas industries are facing major challenges – the costs of extraction are rising and the turbulent state of international politics adds to the difficulties of exploration and drilling for new reserves. In the face of big problems, its key players are turning to Big Data in the hope of finding solutions to these pressing issues.
Big Data is the name used to describe the theory and practice of applying advanced computer analysis to the ever-growing amount of digital information that we can collect and store from the world around us. Over the last few years businesses in every industry have enthusiastically developed data-led strategies for overcoming problems and solving challenges, and the oil and gas industries are no different.read more
Apr 13th, 2015
by John Donovan.
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Shell Makes A Huge Bet On LNG and Pre-Salt
Anglo-Dutch oil major, Royal Dutch Shell Plc., recently announced plans for a mammoth – $70 billion – acquisition of BG Group Plc. to further extend its leadership position in the global LNG (liquefied natural gas) market and increase its exposure towards the exploration and development of deepwater hydrocarbon reserves, primarily the pre-salt reserves offshore Brazil.
The company plans to acquire BG Group in a cash and stock deal valued at 1,350 pence per BG share. The company will pay BG shareholders 383 pence in cash and 0.4454 class B shares in itself for each share of BG held. read more
So this is how the consolidation starts. Royal Dutch Shell is making a smart move in its $70 billion acquisition of BG Group . The deal will gain Shell access to the most exciting deepwater oil projects in the world, in Brazil. While adding in BG Group’s fast-growing liquefied natural gas business will soon make Shell the undisputed world leader in LNG. The combination will set Shell on the path to unseat Exxon MobilXOM -1.95% as the world’s biggest oil company — at least until the next big acquisition is revealed.read more
Mar 16th, 2015
by John Donovan.
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From an article by Loren Steffy published 16 March 2015 by Forbes.com under the headline:
Seattle’s Silly War On Oil Rigs: Reminder, The City Is Also Home To Boeing, The World’s Largest Jet Maker
If a plane flies over Seattle, does anyone hear it? Probably not, because they’re all down at the docks protesting the parking of drilling rigs used in the Arctic. When the port of Seattle agreed to allow Shell to park drill ships on the city’s waterfront, a “kind of civic call to arms” erupted, according to the New York Times.
A unanimous City Council lined up alongside the mayor to question the legality of the agreement with the Port of Seattle, a court challenge was filed by environmental groups, and protesters, in bluster or bluff, vowed to block the rigs’ arrival — though the exact timetable is secret, for security reasons — with a flotilla of kayaks in Elliott Bay.read more
Jan 6th, 2015
by John Donovan.
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From an article by Christopher Helman published by Forbes.com on 6 Jan 2015 under the headline:
“Investors Freak As Saudi Inaction Could Sink Oil To $20 A Barrel. Time To Buy?
OPEC is not going to come to the rescue. It is up to American producers to cut oil supplies.
The world freaked out over oil Monday. U.S. crude fell as low as $49.77 a barrel, down about 6%. Brent crude is at $53. This is the lowest price since early 2009, when oil bottomed at $35 less than nine months after hitting a record high of $147.
The Dow Jones Industrial Average fell 331 points Monday. Many reports have blamed oil for the stock market weakness, but that doesn’t really make much sense. All else equal, low oil prices are a boon to economic growth. And besides, considering how high the Dow has risen, 330 points just ain’t what it used to be — merely a 1.8% move. Back in 2008 the Dow suffered 11 days with losses of 4% or more.read more
The biggest vessel in the world, the Pieter Schelte (above) has been built by Daewoo in South Korea. Swiss company Allseas commissioned the building of the huge $1.7bn ship. Both the legs and main structure of a rig can be moved simultaneously (shown in illustration)
Article by Eamonn Fingleton published by Forbes.com: 20 December 2014
Big Oil’s $3 Billion Homage to Nazi War Criminal
Ships don’t come bigger than the Pieter Schelte. They don’t come more controversial either. Built in Korea at a cost of nearly $3 billion, the gargantuan new ship is now sailing towards the Netherlands, where it will soon enter service in the European offshore oil industry.
A huge catamaran, it weighs 932,000 tons, a world record, and nearly 18 times the Titanic. It will lift offshore oil rigs weighing up to 48,000 tons, again a world record. So much for the technicalities – but there is, ahem, a slight political problem: the ship’s name.read more
OVER 500 EXTERNAL PUBLICATIONS CITING OUR SHELL WEBSITES
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission websiteetc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our websites and/or our activities.
John Donovan, the website owner A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
JOHN DONOVAN, THE OWNER OF THIS AND SEVERAL OTHER SHELL FOCUSSED WEBSITES
SHELL PRELUDE TO DISASTER
The links below are to a series of articles, many triggered by a well-placed whistleblower directly involved in the pioneering Royal Dutch Shell Prelude project. Includes articles by Mr Bill Campbell above, the retired distinguished HSE Group Auditor of Shell International and another retired Shell guru with a track record of spotting potential pitfalls in major Shell projects.
The campaign waged on this website by John Donovan to persuade Edward Heerema to rename the worlds biggest ship, The Pieter Schelte - which he named after his late father, Pieter Schelte Heerema, a former Officer in the German Waffen-SS - has been successful. On Friday 6 February 2015, Allseas announced that it was changing the ships name, and on 9 February announced the new name - Pioneering Spirit.
GLOBAL NEWS COVERAGE: FEBRUARY 2010
MORE INFORMATION: Contact details for over 176,000 employees and contractors of Royal Dutch Shell reached John Donovan and some environmental and human rights groups, ostensibly from disaffected Shell staff calling for a “peaceful corporate revolution” at the company. The database, from Shell’s internal directory, contained names and telephone numbers for all the company’s work force worldwide, including some home numbers. It was supplied with a 170 page covering note, explaining that it was being circulated by “116 concerned employees of Shell dispersed throughout the USA, the UK, and the Netherlands”, to highlight the harm done by the company’s operations in Nigeria. John Donovan brought the leak to the attention of Shell. Tests proved that the data was authentic and he destroyed the database after being informed by Mr. Richard Wiseman, the then Chief Ethics & Compliance Officer of Royal Dutch Shell Plc, that the confidential information if publicly disclosed, could put Shell employees and contractors in real danger.
This is not a Shell website. That fact should be abundantly plain from the overall content of this home page and our sister Shell focussed websites, including shellnazihistory.com. Click on the Disclaimer link at top of this page for more information. You Can Be Sure Shell does not endorse or approve of this website. There are no subscription charges nor do we solicit or accept donations. It is an entirely free to use website drawing attention to the negative side of Shell while also publishing positive news about the company. The Shell logo image with the white text used on this website, as per the above example, is in the public domain because its copyright has expired and its author is anonymous. It can be found on WIKIMEDIA COMMONS. Our shellenergy.websitepublishes Shell Energy customer complaints posted on Trustpilot where there is an ample supply. Use this link for Shell’s own website.
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The natural resources market has been volatile, with Brent Crude and West Texas Intermediate falling by 4- …
Shell CEO Pay Up 50%March 9, 2023 21:23Manufacturing Business TechnologyCEO of Royal Dutch Shell Ben van Beurden speaks at a meeting with Russian President Vladimir Putin in Moscow, Russia, Wednesday, June 21, 2017. Shell paid outgoing Chief Executive Ben van Beurden a total of 9.7 million pounds ($11.5 million) in 2022 as the …
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Image Credit: Reuters
London: Shell's former chief executive, Ben van Beurden, received a pay package of 9.7 …
Big Oil Goes Green: Shell Acquires VoltaFebruary 9, 2023 06:03Law Street MediaIn Big Oil’s latest foray into green energy, Shell has announced its acquisition of Volta, Inc. for $169 million.
Expected to close during the first half of 2023, the all-cash deal “builds on the momentum in electric mobility by combining one of the …
SHELL’S ROLE IN NIGERIAN OPL 245 BRIBERY SCANDAL
Whatever fig leaves they might be trying to use to hide the truth, Shell and Eni paid over $1bn to a company called Malabu for the OPL 245 licence. Even though the payment was channelled through the Nigerian government, it was clear that Shell knew that the ultimate beneficiary was Dan Etete, the former minister of petroleum. Etete is the owner of Malabu, to whom he awarded the licence when he was Nigerian Minister of Petroleum.
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.
MORE INFORMATION
Shell appeased and collaborated with the Nazis. The oil giant instructed its employees in the Netherlands to complete a form giving particulars about their descent, which for some, amounted to a self-declared death warrant. Shell used slave labor and was a close business partner in Germany of I.G. Farben, the notorious Nazi run chemical giant that also used slave labor and supplied the Zyklon-B gas used during the Holocaust to exterminate millions of people, including children. Shell continued the partnership with the Nazis in the years after the retirement of Sir Henri and even after his death. It was money generated on Shell forecourts around the world, profiteering from cartel oil prices, that funded the Nazi party and saved it from financial collapse. Evidence about Shell's Nazi connections can be found in extracts from "A History of Royal Dutch Shell" Volumes 1 and 2 authored by historians paid by Shell, who had unrestricted access to Shell archives. There are 67 pages in total, so takes some time to download.
Photograph (full size here) shows a Swastika flag flying at the head office of Royal Dutch Petroleum, 30 Carel van Bylandtlaan, The Hague, during the Nazi occupation of the in World War II (From Image Database Hague Municipal)
Sir Henri Deterding, the founder of the Royal Dutch Shell Group - known as "The Most Powerful Man in the World" - who became an ardent Nazi and financial supporter of Hitler and the Nazi party.
Reading between the lines in various legal documents, it seems that the allegations are that after the technology in question had been disclosed to a Shell company in the USA, the information was passed to Shell in the Netherlands in breach of confidentiality. And Royal Dutch Shell subsequently exploited the technology without payment or credit to the company holding the rights; Newton Research Partners. The inference seems to be that Twister B.V. was founded by Shell partly on trade secrets stolen from Bloom/Newton.
DISCLAIMER: This is not a Shell website nor is it officially endorsed by or affiliated with Royal Dutch Shell Plc. Originally co-founded by the late Alfred Donovan and his son John, it is now operated by John, Shell's "No.1 Enemy", aided by an expert team, with invaluable support from retired Shell senior executives and officials as guest contributors and leaked information from Shell insiders. (JOHN DONOVAN, WEBSITE OWNER) For nearly a decade, we have operated globally under the Royal Dutch Shell Plc top level domain name, dealing on Shell’s reluctant behalf with job applications, business proposals, Shell pension enquiries, shareholder enquiries, complaints, invitations to speak at conferences, an approach from the Dutch Defence Ministry and even terrorist threats. All meant for Shell. Prospect magazine has aptly described this website as being:"An open wound for Shell": WIPO proceedings by Shell to seize the domain name failed. NO SUBSCRIPTION CHARGES: All of our watchdog activities monitoring Royal Dutch Shell, including operating this website, are carried out on a non-profit basis. Any advertising revenues generated are used to recover and/or defray operational costs. We are a news aggregator and original content website. All information is available free for educational and research purposes. SHELL TACIT ENDORSEMENT: WHAT A WELL INFORMED SHELL OFFICIAL SAID ABOUT US:
"John and Alfred Donovan well known in UK/Hague. They perceive Shell played them and so have made it their mission to embarrass,belittle and criticize Shell, which they do quite well. Their website, royaldutchshellplc.com is an excellent source of group news and comment and I recommend it far above what our own group internal comms puts out."
WARNING TO SHELL EMPLOYEES: Shell Global Affairs Security "CAS") is spying on Shell employees globally trying to trace who is visiting, posting, or leaking information to this website from Shell premises. Threats, including death threats, have allegedly been made against conscience driven Shell whistleblowers supplying us with information. The worlds biggest leak of employee details as part of a claimed corporate revolution by 116 Shell employees, suggest the espionage operation, threats and draconian litigation have not been entirely successful in cutting off the supply of information to this website. The insider leaks had already cost Shell billions on the Sakhalin Energy project and the loss of SEIC Deputy Chairman, David Greer. We publish our own carefully researched articles about Shell e.g. "How Royal Dutch Shell saved Hitler and the Nazi Party". MEDIA COVERAGE: Prospect Magazine, The Sunday Times, and The Guardian, have all published major articles about us: "Rise of the Gripe Site";"Two men and a website mount vendetta against Shell' and "92-year-old's website leaves oil giant Shell-shocked”. SHELL PETROL STATION images displayed in the website header panel are licensed under the GNU Free Documentation License.
COPYRIGHT NOTICE: Information on copyright issues here.
John Donovan can be contacted at [email protected]
SHELL’S $500,000 WEDDING GIFT TO CORRUPT BRUNEI ROYAL FAMILY
EXTRACT FROM ASIAN JOURNAL ARTICLE IN LIST OF LINKS BELOW: "Fireworks will light up the sky for three nights. The local unit of oil giant Royal Dutch Shell has donated 500,000 Brunei dollars (US$292,400; euro 243,700) for the display, and for cultural events to be hosted by popular performers from Malaysia."
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:
THIS IS WHAT IT SAID:
Subject: This could be the most important whistleblower email you have ever received.
Some unfortunate Royal Dutch Shell workers have already lost their lives. More lives are at stake.
My name is Bill Campbell. I am a former Group Auditor of Shell International. I am writing to you on a matter of conscience in an effort to avert the inevitability of another major accident in the North Sea. The consequences could potentially impact on families in many constituencies, including your own.
As Royal Dutch Shell and the Health & Safety Executive would acknowledge, I am an expert on safety matters relating to offshore oil and gas platforms. In 1999, I was appointed by Shell to lead a safety audit on the Brent Bravo platform. The audit revealed a platform management culture that basically gave a higher priority to production than the safety of Shell employees. To our astonishment we discovered that a "Touch F*** All" policy was in place. Worse still, safety records were routinely falsified and repairs bodged.
I personally brought the shocking situation to the attention of senior management including Malcolm Brinded, the then Managing Director of Shell Exploration & Production. I revealed that ESDV leak-off tests were purposely falsified, not once but many times and that Brent Bravo platform management had admitted responsibility for the dangerous practices being followed. In response to my team ringing alarm bells, management pledged to rectify the serious problems which had been uncovered.
When I later complained that the pledges were not being kept, I was removed from my oversight function.
Four years later, a massive gas leak occurred on the platform. Two workers lost their lives. I have no doubt at all that the inaction of the relevant Asset Manager, the General Manager, the Oil Director and Malcolm Brinded, contributed in some part to the unlawful killing of two persons on Brent Bravo in September 2003.
Shell subsequently pleaded guilty to breaches of the HSE regulations and a record-breaking £900,000 fine was imposed. I thought this would bring about a real change in policy to put the emphasis on safety.
Unfortunately I was wrong. Although I supplied the evidence related to 1999, and the fact that there had been a collapse in controls of integrity from 1999 to 2003 on all 16 of Shell's North Sea offshore installations covered in a post fatality integrity review to the HSE for review by the Procurator Fiscal, none of this evidence was presented before the Sheriff at the subsequent Inquiry. The situation is explained in a letter to the Procurator Fiscal and the Sheriff (on 24th February 2007).
Shell management has engaged in spin to try to pretend that it is getting to grips with its safety problem. However, its atrocious safety record - the worst in the North Sea in terms of accidental deaths and absolute number of enforcement actions – tells a different story. This fact has resulted in a number of newspaper articles.
I have had meetings with senior Shell people including its CEO Mr. Jeroen van der Veer. I regret to say that I have found him to be economical with the truth. He prefers to support cover-up and deceit rather than confronting the underlying problems. Brinded is now Executive Director of Shell Exploration & Production. He believes in burying evidence.
My family and friends would probably prefer me to give up on this matter and enjoy my retirement after so many years working for Shell.
However, by writing to every MP in the UK, no one can ever say that I did not do my best to avert an inevitable further major accident event in the North Sea. When it happens (I pray that I am wrong) I will make this warning communication available to the media together with the vast amount of evidence in my possession.
At least my conscience is clear. I have done everything possible to ring the alarm bells about Shell management and its unscrupulous attitude to the safety of its employees.
Yours sincerely
Bill Campbell
ENDS
(Malcolm Brinded and Jeroen van der Veer are no longer with Shell. The Oil Director referred to in the email is Chris Finlayson, who left Shell to become Chief Executive of British Gas before being fired - his photo immediately below)
SIR PHILIP WATTS, THE GROUP CHAIRMAN OF ROYAL DUTCH SHELL GROUP, FORCED TO RESIGN IN 2004
Shell’s reputation was destroyed in 2004 after FIVE consecutive cuts to its hydrocarbon reserves covering 55% of its total reserves. US and UK financial regulators imposed $150 million in fines on Shell for securities fraud. Shell was also rocked by class action lawsuits. Sir Philip Watts
and Walter van de Vijver (whose headcut images appear courtesy of The Wall Street Journal) were among the Shell executives forced to resign. More details at the foot of this column.
MORE DETAILS: The Shell reserves scandal brought about
the end of the Royal Dutch Shell Group in its original form as an Anglo-Dutch partnership.
Shell Transport & Trading Co and Royal Dutch Petroleum were unified into a single Dutch owned company - Royal Dutch Shell Plc.
Sir Philip turned to religion and is now a very wealthy priest after receiving a payoff/pension package from Shell reportedly worth $18.5 million. Walter van de Vijver in contrast was the victim of a sadistic sacking by his Shell senior management backstabbing colleagues.
Displayed below are some of the spectacular promotional campaigns my company Don Marketing created for Shell in the 1980s and 1990s. This was before the series of SIX high court actions we brought against Shell for stealing ideas (4) and for defamation (2) - all settled by Shell. This website is a permanent response by me to the malicious underhand tactics, including treachery, espionage and intimidation, used by Shell during and after the bouts of litigation. More information is printed at the foot of this column.
MORE DETAILS: After a solicitor acting for Shell threatened to make the litigation "drawn out and difficult" with the intention of draining the resources of a financially weaker opponent, my late father (Alfred Donovan) and I decided to mount a wide-ranging campaign as a counter-measure. We jointly founded the Shell Corporate Conscience Pressure Group, which nearly 15% of Shell UK retailers joined. We regularly conducted ethical surveys involving up to 1500 Shell petrol stations. All responses were opened and authenticated by an independent solicitor who supplied Affidavits confirming the results. In whole page announcements in trade magazines (examples above) we challenged Shell to commission and publish the resuits of independent research asking the same questions and offering respondents GUARANTEED anonymity. Shell never took up the invitation. Instead it asked the UK Advertising Standards Authority to investigate our Shell surveys. No problems were found. The head-cut image of Alfred Donovan appears courtesy of The Wall Street Journal.
SHELL CONTROVERSIES
selection of memorable warnings/articles/images associated with the controversial track record of Royal Dutch Shell.
WARNING: DO NOT DISCLOSE YOUR IDEAS TO SHELL GameChanger OR SHELL Ideas360 WITHOUT TAKING EVERY POSSIBLE PRECAUTION. Shell management has ample funds to pay for intellectual property but prefers to steal it from small businesses and in our experience, gives its full backing to dishonest managers willing to do its bidding. We have sued Shell repeatedly in the High Court for the theft of our Intellectual Property. It is doubtful if anyone can match our dire experience in dealing with this ruthless unscrupulous serial poacher of other parties ideas. Expect threats, legal machinations and sinister action from Shell and its spooks if you object to having your ideas stolen.
Some years ago extensive documentary evidence was brought to the attention of Malcolm Brinded above, when he was Chairman of Shell UK, proving beyond any doubt that Shell executives had conspired to rig a tender for a major contract. A number of innocent firms were deliberately lured into signing confidentiality agreements and disclosing Intellectual Property to Shell under false pretences, in a carefully contrived plot. The firm which was awarded the contract never took part in the tender. One objective of the Machiavellian plan was to stop/delay IP trade secrets owned by the participants in the tender from being disclosed to Shell's rivals. This was achieved by outright deception, without paying a cent to the firms involved, who wrongly believed they were participating in an honest tender. Instead of sacking the ring leader, AJL - who had a personal relationship with the firm which miraculously won the race in which it never ran - Shell senior directors, including Brinded, gave AJL their full backing. Some of the Shell executives involved, including for example, Tim Hannagan, still hold high positions inside Shell - in his case, Global Brand and Visual Identity Manager. If Shell does not accept that this is a true, provable account of what happened, then it should sue for libel. How on earth is such predatory conduct compatible with Shell's claimed business principles?
FORBES
Houston, We Have A Problem. Oil Reserves Have Fallen Below 10 Years
Russia is not forcing Shell to buy its gas. Shell is also a big investor in solar power and is a 50% owner in offshore wind farms Atlantic Shores in New Jersey and the Mayflower Consortium in Massachusetts.
While it is unclear whether sanctions would stop the project, they would certainly alienate major European energy companies, including Royal Dutch Shell…
John Parnell:
Gaurav Sharma: 
Royal Dutch Shell’s
Michael Lynch 
…these are also the same waters unsuccessfully explored by Royal Dutch Shell in 2015, after which the company halted Arctic operations for the foreseeable future.
Kristin Stoller
Unfortunately for Shell it formally committed to the Prelude development in May, 2011, a time when oil was selling for around $120 a barrel, three-times the current price of around $41/bbl.
By Brett Owens: 
Trefis Team 
Trefis Team, CONTRIBUTOR
Brigham A. McCown
Himler 
Are European Companies Ignoring E.U. Sanctions On Russia?
Shell Makes A Huge Bet On LNG and Pre-Salt
Christopher Helman 
From an article by 
From an article by 
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
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:
