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The Royal Dutch Shell Group was created in April 1907 through the amalgamation of two rival companies: the Royal Dutch Petroleum Company (Dutch: Koninklijke Nederlandse Petroleum Maatschappij) of the Netherlands and the Shell Transport and Trading Company Limited of the United Kingdom. [20]
Marcus Samuel, 1st Viscount Bearsted, (5 November 1853 – 17 January 1927), known as Sir Marcus Samuel between 1898 and 1921 and subsequently as Lord Bearsted until 1925, was a Lord Mayor of London and the founder of the Shell Transport and Trading Company, which was later restructured including a Netherlands-based company commonly referred to as Royal Dutch Shell.
Following the union of Royal Dutch and Shell in 1907, both companies retained their own senior officials. In 1946, the Committee of Managing Directors was established to oversee the group of companies, and was led by a chairman. The Chairman of the committee was either the Managing Director/President-Director of Royal Dutch, or the Chairman of ...
Henri Deterding. Henri Wilhelm August Deterding, KBE (19 April 1866 – 4 February 1939) was one of the first executives of the Royal Dutch Petroleum Company and was its general manager for 36 years, from 1900 to 1936, and was also chairman of the combined Royal Dutch/Shell oil company.
Jean Baptiste August Kessler (15 December 1853 – 14 December 1900) was a Dutch entrepreneur and oil explorer who was largely responsible for the growth and development of the Royal Dutch Petroleum Co., now part of present-day Shell.
In 1908 Shell Transport and Trading had placed all of its assets in Anglo-Saxon Petroleum Co and Bataafsche Petroleum Maatschappij which also held all of the assets of Royal Dutch Shell. Since then the company owned and ran the oil transport and storage activities of the Shell group of companies.
As the old saying goes, anything that can go wrong probably will, and in the case of integrated energy giant, Royal Dutch Shell's most-recent quarter, that's what happened. Shares got hit hard ...
However, in 1984, Royal Dutch Shell made a bid to purchase those shares of Shell Oil Company it did not own (around 30%) and despite some opposition from some minority shareholders which led to a court case, Shell completed the buyout for a sum of $5.7 billion. [19] Despite the acquisition, however, Shell Oil remained a fairly independent business.