Shell plc: Difference between revisions

Revision as of 18:15, 11 October 2002

Revision as of 18:16, 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).

One of the original [[Seven Sisters]] Royal Dutch Shell operates in more than 100 countries and is the secondworld’s largest oilpetrochemicals company in the world and the world’ssecond largest petrochemicalsoil company in the world. 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.