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 Oil Companies Venezuela - Oil Companies Venezuela gathers information about major oil and gas companies with operations in petroleum exporter country that has been affected by Hugo Chavez socialist politics.
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Royal Dutch Shell PLC is a multinational oil company of British and Dutch origins. A large private sector energy corporations, is one of the called "supermajors".
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Royal Dutch Shell PLC
Shell is a multinational oil company of British and Dutch origins. It is a large private sector energy corporations in the world, and one of the called "supermajors" (vertically integrated
private sector oil exploration, natural gas, and petroleum product marketing companies).
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Shell logo
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The Royal Dutch Shell Group of companies was created in 1907, when the Royal Dutch Petroleum company and the "Shell"
Transport and Trading Company Ltd of the United Kingdom merged their operations. More recently, in 2004, following a
period of turmoil caused by the revelation that Shell had been overstating its oil reserves, it was announced that the
Shell Group would move to a single capital structure, creating a new parent company to be named Royal Dutch Shell PLC,
with its principal listing on the London Stock Exchange and the Amsterdam Stock Exchange.
Shell Group's main business is the exploration for and the production, processing, transportation and marketing of
hydrocarbons (oil and gas). Shell also has a significant petrochemicals business (Shell Chemicals), and an embryonic
renewable energy sector developing wind, hydrogen and solar power opportunities. Royal Dutch Shell is incorporated in
the UK with its corporate headquarters in The Hague, The Netherlands.
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Shell gas stations
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The most relevant links we could find, placed here free |
 Wikipedia: Shell
- Additional information about Royal Dutch Shell, history, businesses, rumours about a merge and more. en.wikipedia.org
Shell Group
- The global homepage of the Shell Group. Check for history, sure, latest news and the rumours about a merge. www.shell.com
Royal Dutch Shell PLC
- An un-affiliate Shell blog site with an article about the merge rumours between Shell Group and BP. www.royaldutchshellplc.com
Wall Street Journal Online
- More news about the Shell group can be found in the blog section of the Wall Street Journal Online site. blogs.wsj.com
Wikipedia: Controveries
- Information on controversies surrounding Royal Dutch Shell group. en.wikipedia.org
BBC News
- News report about Venezuela government and Shell tax dispute. news.bbc.co.uk
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Royal Dutch Shell - Oil Gas Depot
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Merge Rumours:
While other multinational oil companies indulged in mega-mergers in the late 1990's and early 2000's Shell stayed out of
the fray. There has, however, continued to be speculation that merger/takeover opportunities have been under
consideration at the top of Shell. One of those rumours are a possible merge with BP, which would create the world's
largest company.
Shell and Venezuela:
In 2006, Venezuela's energy ministry, in new revenue-raised measure, said private oil companies operating in country
would have to convert to joint ventures with government within six months. Some oil corporations decided to pulled out
the country, such as Exxon Mobil and Conoco Phillips.
Chevron, Royal Dutch Shell and fourteen other companies did agree to the terms giving Venezuela's state oil company,
PDVSA, at least a 60 percent stake. More information in this
Royal Dutch un-affiliate blog.
On August 2007, Venezuelan tax authorities closed a Royal Dutch Shell office for 48 hours and asked for an
injunction on some of the oil firm's assets in a tax dispute. Venezuela's tax authority said it had put a hold on Shell
goods worth $131m and shut its office in Lake Maracaibo. Shell is challenging the demand, which is part of a wider
clampdown on alleged tax avoidance by foreign firms.
Under the injunction, Shell will be prevented from exporting or selling the goods earmarked under the injunction as
collateral in the tax dispute, SENIAT (the country's tax authority) said. BBC News
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