Shell Oil Company


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Shell Oil Company

 

a US oil monopoly. The company engages in petroleum exploration, extraction, and refining; the transportation and distribution of petroleum products; and the production of petrochemical and chemical goods. It is controlled by the Royal Dutch-Shell Group, an Anglo-Dutch monopoly.

The Shell Oil Company was founded in 1922. It extracted petroleum primarily in the United States until the early 1970’s, when it became involved in petroleum prospecting and extraction in Canada, Senegal, Cameroon, New Zealand, and the coastal waters of Malaysia. Shell Oil refines petroleum in the United States and conducts research on the use of alternative energy sources, including bituminous sands and solar energy. In 1975 the company did $8.1 billion worth of business, including 60 percent in petroleum products, 20 percent petroleum, and 15 percent petrochemical and chemical products. Its net profit that year was $555 million. Shell Oil employed 32,500 people in 1975 and extracted 232 million tons of petroleum.

References in periodicals archive ?
The tanker rented from Shell Oil Company was half empty when the mishap took place whereas its design was also inappropriate.
BAGHDAD / NINA / Finance Minister Hoshyar Zebari discussed on Wednesday with Head of Shell Oil Company in Iraq Hans Naikamb the benefits of Shell oil company operating in Iraq.
Shell Oil Company, an affiliate of Royal Dutch Shell plc, has recognised acclaimed recording artist, Clay Walker, with its Shell Legacy Award at the Shell Houston Open's legacy of charitable giving.
and Shell Oil Company each own a 36% interest in Poseidon.
BAGHDAD / Aswat al-Iraq: The oil and gas committee in the Iraqi Parliament on Tuesday invited the oil minister to attend a public session over the contract signed between his ministry and Shell Oil Company.
Our approach is a cost-effective solution for consumers," said John Hofmeister, president of Shell Oil company.
Shell Oil Company is part of the Anglo-Dutch oil colossus, Royal Dutch/Shell Group.
Shell Oil Company, a wholly-owned member of the Royal Dutch/Shell Group, and Pennzoil-Quaker State Company announced that they have entered into a definitive agreement under which Shell Oil will acquire Pennzoil-Quaker State at a price of $22 per share in cash.
In 1976, Mario retired as a chemist for Shell Oil Company so he could devote full time to being an artist.
HOUSTON -- Marine Well Containment Company (MWCC), Shell Oil Company and the Bureau of Safety and Environmental Enforcement (BSEE) today announced the successful demonstration of the industry's ability to respond to a deepwater well control incident in the U.
Air Products (NYSE: APD), a company that serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services, has signed a long-term contract with Shell Oil Company.
Motiva is the domestic marketing arm of the consortium formed by the Shell Oil Company, Texaco and Saudi Aramco to jointly market their petroleum products in the USA.