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Shell USA, Inc. (formerly Shell Oil Company, Inc.) is the United States–based wholly owned subsidiary of Shell plc, a UK-based transnational corporation "oil major" which is among the largest oil companies in the world. Approximately 18,000 Shell employees are based in the U.S.
Shell was formed in April 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. [ 7 ]
Quaker State is an American brand of motor oils, owned by Shell USA, the US-based division of Shell plc.. The former Quaker State Oil Refining Company had been constituted in 1924 after the Eastern Refining Co. acquired rights to the Quaker State brand name to the Phinny Brothers Oil Company, which had been producing the Quaker lubricants since 1912, gaining reputation in the U.S. after a deal ...
A SPAC is a business with no hard assets or sales — but lots of cash to acquire another company or companies to be named later, after investors have already put down millions of dollars. Niron ...
The operations in the western and midwestern United States were merged into a company called "Equilon". The Star Enterprises operation and Shell's eastern and southeastern operations were merged into a company called "Motiva". [8] After Texaco merged with Chevron in 2001, Shell and Saudi Refining purchased Texaco's interests in the joint ...
Shell’s revenues soared more than 41% to $386 billion in 2022, the highest in Europe. The oil and gas giant also took the mantle of Fortune 500 Europe’s most profitable company, after chalking ...
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By most measures—whether that’s the FTSE 100 companies ranked by market cap, or the Fortune 500 Europe list that looks at company revenues—the $231 billion-worth oil and gas giant is a leader.