Shell plc: Difference between revisions

Revision as of 16:40, 11 October 2002

Revision as of 18:15, 11 October 2002

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Shell Oil, properly named '''Royal Dutch Shell''', was founded in 1890 by [[Jean Kessler]], along with Henri Deterding and Hugo Loudon, when a Royal charter was granted to a small oil exploration company known as “Royal Dutch.” To compete against the giant American oil company,[[Standard Oil]], in [[1907]] Royal Dutch merged with The "Shell" Transport and Trading Company, p.l.c. in the UK (NYSE: RD and NYSE: SC).

The Shell Oil company, known as [[Royal Dutch Shell]] and [[Shell Transport & Trading]] is one of the major oil companies of the world. It was one of the original [[Seven Sisters]] existing before the break up of [[Standard Oil]].

The Royal Dutch/Shell GroupOne of Companiesthe - usually known as Shell - has grown out of an alliance made inoriginal [[1907Seven Sisters]] between Royal Dutch PetroleumShell Companyoperates in themore Netherlandsthan 100 countries and Theis "Shell"the Transportsecond andlargest Tradingoil Company, p.l.c.company in the UKworld (NYSE:and RDthe andworld’s largest NYSE:petrochemicals SC)company. Shell has five core businesses: Exploration and Production, Oil Products, Downstream Gas and Power, Chemicals and Renewables, and operates in more than 140 countries across the world.

These companies are headed by the Royal Dutch Shell company of the [[Netherlands]] and Shell Transport and Trading of the [[United Kingdom]]. These two companies hold all other subsidiary companies. The Shell interest in subsidiaries is always divided in the proportion 60:40 back to Royal Dutch and Shell T&T. In many cases, subsidiary companies are held in partnership with other, be these governments or others.