The Historical Evolution of Royal Dutch Shell Company

Royal Dutch/Shell Company Group was established in 1907, which is a multinational oil company group jointly established by Royal Dutch Oil Company and Shell Transportation Trading Co., Ltd.

Shell Transport Trading Co., Ltd. (UK) was formally established on 1897. Prior to this, the company established storage and transportation points in various sales centers in the Far East and signed a long-term oil purchase contract with Lochiel Group. Royal Dutch Oil Company (Netherlands) was established in 1890. Previously, it was a small company established in Dutch East India. In order to compete with Shell Transportation and Trading Company, the company has also established its own fleet and sales network.

1903, after several years of negotiations, the two companies finally reached an agreement, and Lochiel Group (which later withdrew) jointly established the Asian Oil Company to unify their respective sales networks in the Far East, but the two companies still went their own way in other aspects.

1907, Shell Transportation Trading Company was forced to agree to merge with Royal Dutch Oil Company and accept the condition that it held 40% of the shares in the group, thus formally establishing Royal Dutch/Shell Group.

1910 ~1915 years, the company group successively discovered oil in British Borneo, Mexico and Venezuela and put it into production. At the same time, it has purchased some oil fields from Romania, Russia, Egypt and Trinidad and established a sales network, and purchased 25% shares of Turkish oil company (later Iraqi oil company) in the Middle East. During this period, the company group successively established Roxana Oil Company and California Shell Company in the United States. By 1920, the group's oil storage point and sales network have expanded to many countries and regions in the world.

19 15 shell's first refinery in the United States was put into operation.

1925 establishing SheII Canada in Canada.

1929 when the middle east Iraqi oil company was established, shell group took a 23.75% stake in the company. At the same time, the business scope of the Group has gradually expanded from the upstream petroleum business to the refining and chemical industries, and has built refineries and chemical plants in many countries around the world.

Mekog Company was established in the Netherlands on 1928 to produce nitrogen fertilizer from coke oven gas, which is the first time Shell Group has invested in the chemical industry.

1929 was established in Shell Chemical Company, USA, and used natural gas to produce nitrogen fertilizer.

By 1938, the annual crude oil output of Shell Group had reached 27.5 million tons, which was 34.8 times higher than that of 1920, accounting for about 10% of the world crude oil output in that year. Since the 1940s, Royal Dutch/Shell has built large refineries in major oil-consuming areas in the world, actively expanded its sales outlets and continuously searched for new oil and gas resources, with unprecedented business development.

1954 Royal Dutch Oil Company is listed on the new york Stock Exchange.

1959, the company discovered the world's largest natural gas field in Groningen, the Netherlands;

1962 Oman discovered oil with commercial exploitation value;

1966 Li Man gas field was discovered in the northern part of Beihai (50% owned by Shell);

1970 another large oil field was discovered in the northern part of Beihai; A large offshore gas field was discovered on the northwest continental shelf of Australia. 1969 Shell International Natural Gas Company was established.

1974, Shell Coal International Co., Ltd. was established.

Shell International Trading Company was established in 1975, engaged in oil trade with Shell and third parties.

From 1973, large-scale transportation of LNG from Brunei to Japan was realized for the first time. 1983 LNG was transported from Malaysia to Japan, and 1989 LNG was also transported from Australia to Japan.

1989, the company group built a drilling platform with a height of 16 15 feet in the deep sea of the Gulf of Mexico; 199 1 year, Shell Oil Company discovered a potential large oil reservoir in the record water depth of 3 100 feet in this area through satellite exploration.

Royal Dutch Shell Group was formed by the merger of two rival companies, Royal Dutch Oil Company (legal name of the Netherlands: Maatschappij NV Royal Dutch Oil Company) and British "Shell Transportation and Trading Co., Ltd." in February 1907, and Marcus Samuel was established, becoming the 1 aristocratic Belstead. This is the need of a global competition, mainly because the American oil company, john D Rockefeller's Standard Oil Company, which was dominant at that time, faced the challenge brought by the 1907 crisis as a strategy. Merge 60% equity of the new group, Dutch branch and 40% British company.

Royal Dutch Oil Company is a Dutch company, 1890 was founded in Kessler in August. When Henry Deterding and King William III of the Netherlands awarded a royal charter to a small oil exploration and production company, they called it "dutch east indies of the oil-rich country where Royal Dutch Company works".

"Shell" transportation and trading company (part of the legal name is in quotation marks) is a British company, which was founded by Marcus Samuel and his brother Samuel in 1897. Their father owned a company that imported and sold seashells, and later the company's "shells" were named after it. The purpose of initially entrusting our company with eight oil tankers to transport oil. 19 19, Shell controlled the products sold in the UK under the "Shell" and "Eagle" brands established by Eagle Oil Company of Mexico and Shell-Mexico Exhibition Co., Ltd. in 192 1. In the era of some difficult economic conditions, 1932, Shell Mexico merged its sales business in the UK with the British oil company Shell Mexico and its brand BP until 1938.

1952 or so, Shell is the first computer in the Netherlands to buy and use electronic computers. The label of Ferranti is 1, which is assembled and used in the Shell Laboratory in Amsterdam. 1970, Shell acquired mining companies and BHP Billiton, and then sold them in 1994, which has become a part of BHP Billiton. In the 20th century, Royal Dutch Shell Group has become the largest multinational oil company in the world. In June+10, 2004, affected by a period of turmoil, Shell increased its oil reserves. This is the announcement that Shell Group will turn to a single capital structure and create a new parent company named Royal Dutch Shell Limited. Its main listing places are London Stock Exchange and Amsterdam Stock Exchange, and its headquarters and tax office are located in The Hague and the Netherlands respectively. The merger was completed on July 20, 2005, and the original owner delisted his company from the exchange. On July 20th, 2005, it was delisted from London Stock Exchange. Like Royal Dutch Oil Company, Shell Transport Trading Company PLC was delisted from new york Stock Exchange on October 8th, 2005. The original ownership advantage of 60/40 of the company's share issuing shareholders, Royal Dutch Shell Group.

In 2009, a consortium led by Shell (45%) and Petronas Malaysia (30%) invited tenders for oil service contracts in Iraq, including awarding the production contract of "Majie Farm" in southern Iraq, which contains about 6,543.8+26 million barrels (2.00× 65,438+00 meters) of oil. The production contract of "Sigur Na 1" was awarded to a consortium led by ExxonMobil (60%), including Shell (15%).

20 10 February, Shell and Cosan Brewing set up a 50:50 joint venture company Rezeng, which includes all the activities of Kezan in Brazil, including ethanol, power generation, fuel distribution and sugar, as well as Shell's retail fuel and aviation distribution business in Brazil. 20 10 in March, Shell announced the sale of some assets, including its liquefied petroleum gas (LPG) business, to meet the planned capital expenditure plan of 28 billion US dollars. Shell invited buyers to submit indicative bids before March 22, and plans to raise $23 billion from the sale. 20 10 June, Royal Dutch Shell agreed to acquire all the businesses of Orient Resources for a cash consideration of US$ 4.7 billion. This transaction contains the tension of eastern resources.