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Still in the early 1960s, Shell covered about 20% of the Italian oil needs. [151] The Italian Shell was the first company to be advertised with Carosello. [153] [154] In 1959 the company purchased the former Condor refinery of Rho and in 1967 it built a large plant in Taranto, [151] whose works began in 1964 with an initial investment of 25 ...
Shell Oil Company was a 50/50 partner with the Saudi Arabian government-owned oil company Saudi Aramco in Motiva Enterprises, a refining and marketing joint venture which owns and operates three oil refineries on the Gulf Coast of the United States. However, Shell is currently divesting its interest in Motiva.
It became the largest oil producer in the region, becoming independent when Standard Oil was split in 1911. By those times, two companies, one on the East Coast and another on the West (founded in 1908 and 1913, respectively) started to market their motor oils under the brand Pennzoil .
Motiva Enterprises owns and operates the Port Arthur Refinery in Port Arthur, Texas. On 25 May 2012, Motiva officially completed its expansion of the refinery to a capacity of 600,000 bbl/d (95,000 m 3 /d) making it the largest refinery in North America and the fifth largest in the world.
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 ...
LONDON -- Royal Dutch Shell (ISE: RDSB.L) is the largest company on the FTSE 100, accounting for nearly 9% of the index. Yet compared to the top executives at rival BP (ISE: BP.L) -- who are often ...
Shell has effectively abandoned a plan to cut oil production by 1-2% per year until the end of the decade, instead maintaining output at current levels in a move that risks angering climate activists.
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. [3] [4] On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement.