Pub. date: 2008 | Online Pub. Date: April 25, 2008 | DOI: 10.4135/9781412963893 | Print ISBN: 9781412958783 | Online ISBN: 9781412963893| Publisher:SAGE Publications, Inc.About this encyclopedia
Royal Dutch/Shell Group
Gordon Rands & Tyler Sayers
THE ROYAL DUTCH/SHELL group is a major contributor to the release of greenhouse gases, and has been among the leading oil companies to publicly embrace the need for sustainable development, including the need to address climate change. It is by most measures the world s second largest oil company, with over 100,000 employees, operations in over 130 countries, 2006 production of nearly 3.5 million barrels of oil equivalent per day, and proven reserves of nearly 8.5 billion barrels of oil equivalent. Shell's 2006 income was $26.3 billion on revenue of $318 billion. Shell Transport began in 1833 with a British shopkeeper importing oriental shells, leading to an export/import business importing oil. Royal Dutch Petroleum Company began producing petroleum in the Dutch East Indies. A partnership was formed in 1907, expanded rapidly, and was the main fuel supplier to the British in World War I, and the worlds leading oil company ...