Royal Dutch/Shell Group of Companies, also translated as "Shell", is the largest oil company in the world, headquartered in The Hague, the Netherlands and London, England, and formed by the merger of Royal Dutch Oil Company and British Shell Company.
It is a major producer of oil, natural gas and petrochemical industry in the world, and also a retailer of automobile fuel and lubricating oil. It is also a pioneer in LNG industry and has rich experience in financing, management and operation. The business covers 140 countries around the world, with nearly 90,000 employees, and the oil and gas production accounts for 3% and 3.5% of the global total output respectively. As the largest industrial company in the Netherlands, it ranked 1 in the Fortune Global 500 in 20 12.
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Royal Dutch Oil Company was founded in 1890, and was specially authorized by beatrix wilhelmina armgard, so it was named Royal Dutch Oil Company. In order to compete with American Standard Oil Company, the largest oil company at that time, Royal Dutch Oil Company merged with British Shell Transportation Trading Company in 1907 to form Royal Dutch Shell Group.
The company has two headquarters holding system, with Dutch capital accounting for 60% and Britain accounting for 40%. The two headquarters are located in Rotterdam, the Netherlands and London, England. The group company has 14 branches, which are engaged in petroleum, natural gas, chemical products, non-ferrous metals, coal and so on. Among them, the production and sales volume of petroleum and petrochemical fuels ranks second in the world.
Shell is one of the largest international energy companies investing in China. The company's petrochemical joint venture project in Huizhou, China, Guangdong, with a total investment of US$ 4.3 billion, was completed and put into operation in June 2005. It is one of the largest Sino-foreign joint ventures in China. The CEO of Royal Dutch Shell Group is Peter Voser, and the chairman is Jorma-Jaakko-Ollila.