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Shell Oil Company

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  • Shell Oil Company is the American branch of the British- and Dutch-owned multinational oil company, Royal Dutch Shell. Shell Oil Company explores for, produces, and markets oil, and natural gas in America, and focuses on the exploration of off-shore oil drilling, especially the Gulf of Mexico. Royal Dutch Shell is the world's second largest multinational oil company, and is one of the six vertically-integrated "supermajors."
  • Fast Facts

    1. Stock symbol: RDS-B (NYSE)
    2. Annual revenue (2007): $2.2 billion
    3. Formed as a subsidiary branch of Royal Dutch Shell
    4. Year established: 1922
    5. Industry: Oil and gas
    6. Phone: 713-241-6161
    7. Fax: 713-241-4044
    8. HQ: Houston, Texas
    9. President: John Hofmeister
    10. President, Shell Oil Products US: David Sexton
    11. Staff: 24,008
  • Key Dates

    1. 1922: Shell Union Oil Corporation is formed, consolidating Royal Dutch Shell's interests with the Union Oil Company of Delaware.
    2. 1949: Shell Union Oil Corporation changes its name to Shell Oil Company
    3. 1985: Royal Dutch Shell buys the remaining shares of Shell Oil Company, bringing the previously-autonomous branch under direct ownership
    4. 1990s: Controlling companies begin to exercise greater control over the company

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