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The Story of Shell

 

More than a century and a half ago, in 1833, English merchant Marcus Samuel Sr. opened a small store in London and began selling exotic objects, including sea shell boxes. Shell later became the symbol of the world-famous Shell concern. Today the red and yellow shell – the Shell emblem – is registered as a trademark in more than 160 countries. Its experts recommend scrap removal in oshawa.

 

Royal Dutch Dutch / Shell concern was formed in 1907 by merging the Dutch company Royal Dutch Petroleum Company and the British Shell Transport and Trading Company Limited with shares 60:40 respectively. The first company was founded in 1890 and was engaged in the development of oil fields in the West Indies and Sumatra. The second company, established in 1897 by Marcus Samuel, traded in oil and kerosene, much of which came from Batum and was sent through the Suez Canal to the Far East. The merger resulted in the creation of the world’s largest concern, with two headquarters, in London and The Hague.

 

The merger was followed by a period of growth – new sources of raw materials were joined and large refineries were built. In 1907-1914. were acquired rights to extract oil in a number of countries, including Russia. World War I, which began in 1914, forced Shell to suspend exploration and development activities in several countries and postpone the commissioning of new refineries. However, the production potential accumulated by the concern allowed in the postwar years to recover rather quickly. Moreover, in 1929 Shell took its first steps in a new sector – petrochemistry.

 

During the Second World War, the group actively cooperated with the anti-Hitler coalition countries, including – with the Soviet Union, ensuring an uninterrupted supply of petroleum products and jet fuel.

 

After the end of World War II, Shell restored the destroyed production facilities and achieved growth in the volume of production and sales. In the 1950s and 1960s, in the context of an awakening interest in the use of gas, a group of companies headed by the Shell Group begins to exploit one of the world’s largest natural gas fields, the Groningen gas field in the Netherlands. In the 1960s and 1970s, a number of offshore oil and gas fields in the North Sea were put into operation. In the 70s Shell became one of the pioneers of large-scale projects for liquefying natural gas and transporting it by tanker over long distances. The scale of chemical production also grew, revenues from which by the end of the 1980s accounted for up to a quarter of all Shell’s total revenues.

 

In the 1990s, Shell’s traditional hydrocarbon business activities were complemented by a new field – renewable energy. This field could become Shell’s main business by the middle of the 21st century.

 

Shell today

 

“Shell is the world’s largest Anglo-Dutch company active in oil and gas production and refining (gasoline, kerosene, diesel fuel, fuel oil, lubricants, solid hydrocarbons, bitumens, etc.). The rapid development of technologies that began in the second half of the 20th century enabled the world’s leading energy companies to increase their energy production while reducing costs and environmental impact. “Shell, which has always been at the forefront of scientific and technological progress, in recent years has successfully implemented a number of innovative developments that have strengthened the Group’s technological leadership in the global energy industry.

 

Established at the dawn of the 20th century, the Shell Concern has won a leading position on the global energy market, becoming the prototype of the modern vertically integrated companies. Such organization allowed to ensure continuity of technological processes and apply unified Shell quality standards to all stages of production.

 

The scale of Shell’s global business is unique:

 

There are over 112,000 Shell employees in 140 countries, speaking 51 languages.

– Shell explores and produces oil and gas in more than 36 countries.

– Shell accounts for approximately 3% of the world’s oil production and 3.5% of the natural gas production.

 

Oil and gas production in 2005 was 3.5 million barrels of oil equivalent per day.

– 20% of the world’s solar panels are produced by Shell.

– Shell owns the world’s largest network of gas stations, acting under a single brand, which has more than 46 thousand stations.

– Every four seconds at least one aircraft is refueled with Shell jet fuel. During the same time 1,200 vehicles are serviced at Shell gas stations.

– Shell fully or partially owns more than 50 refineries.

– For the seventh year in a row the Shell brand has been the most popular among motorists.

 

 

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