OIL giant SHELL stunned experts yesterday by bidding to boost its reserves with a £1billion gamble on Mozambique in East Africa.“This shows how desperate Shell are to boost reserves,” said one expert.
Shell’s £1bn Africa punt
Thursday, February 23, 2012
OIL giant SHELL stunned experts yesterday by bidding to boost its reserves with a £1billion gamble on Mozambique in East Africa.
It revealed a 195p per share offer for COVE ENERGY which holds an 8.5 per cent stake in one of the world’s biggest gas fields there.
It contains the equivalent in gas of more than TWO BILLION barrels of oil.
“This shows how desperate Shell are to boost reserves,” said one expert. Cove shares raced 25 per cent to 193.5p.
East Africa is one of the fastest growing frontiers for oil and gas exploration. Shell’s offer is one of only a handful of deals in the past decade.
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.
