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Bataafsche Petroleum Maatschappij
Bataafse Petroleum Maatschappij or Bataafsche Petroleum Maatschappij (, colloquially known as BPM) was the Dutch East Indies and later Indonesian subsidiary of Royal Dutch Shell oil company established in 1907. History The BPM was established in 1907. It was Shell's main oil producing entity in Indonesia (at that time, Dutch East Indies) and dominated the Indonesian oil industry during the colonial era, making it one of the largest companies in the colonial economy. The main oil well of BPM was Pangkalan Brandan (North Sumatra), which is considered as the origin of the Royal Dutch Shell. More than 95% of Indonesia's crude oil was commercially produced by BPM in the 1920s. The dual-listed nature of the Royal Dutch Shell meant that BPM was 60 percent owned by the Royal Dutch Petroleum Company, and 40% by the Shell Transport and Trading Company; it acted as a Dutch holding company for the merged Royal Dutch Shell Group along with its UK analogue the ''Anglo-Saxon Petroleum Company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Flag
A maritime flag, also called a naval flag, is a flag designated for use on ships, boats, and other watercraft. Naval flags are considered important at sea and the rules and regulations for the flying of flags are strictly enforced. The flag flown is related to the country of Ship registration, registration: so much so that the word "flag" is often used symbolically as a metonym for "country of registration". Types of flag Ensigns The ensign is the national identification of a ship and hoisted up in a national flag world-wide. They are required to be worn when entering and leaving harbour, when sailing through foreign waters, and when the ship is signalled to do so by a warship. Ensigns are part of seafaring traditions of private and Navy, naval forces and have their origins in the era of sailing vessels. Flag dipping is done with the ensign. Ships usually wear their ensigns between the morning colours ceremony and sunset when moored or at anchor. Warships wear it at all times ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dual-listed Company
A dual-listed company or DLC is a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. Virtually all DLCs are cross-border, and have tax and other advantages for the corporations and their stockholders. In a conventional merger or acquisition, the merging companies become a single legal entity, with one business buying the outstanding shares of the other. However, when a DLC is created, the two companies continue to exist, and to have separate bodies of shareholders, but they agree to share all the risks and rewards of the ownership of all their operating businesses in a fixed proportion, laid out in a contract called an "equalization agreement". The equalization agreements are set up to ensure equal treatment of both companies’ shareholders in voting and cash flow rights. The contracts cover issues that determine the distribution of these l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Oil Companies
{{Disambiguation ...
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ExxonMobil
Exxon Mobil Corporation ( ) is an American multinational List of oil exploration and production companies, oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Founded as the Successors of Standard Oil, largest direct successor of John D. Rockefeller's Standard Oil, the modern company was formed in 1999 following the merger of Exxon and Mobil. It is Vertical integration, vertically integrated across the entire oil and gas industry, as well as within its chemicals division, which produces plastic, synthetic rubber, and other chemical products. As the largest U.S.-based oil and gas company, ExxonMobil is the List of largest companies in the United States by revenue, seventh-largest company by revenue in the U.S. and List of largest companies by revenue, 13th-largest in the world. It is the largest investor-owned oil company in the world. Approximately 55.56% of the company's shares are held by institutions, the largest of which as of 2019 were The Vanguard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chevron Corporation
Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is active in more than 180 countries. Within oil and gas, Chevron is vertically integrated and is involved in hydrocarbon exploration, production, refining, marketing and transport, chemicals manufacturing and sales, and power generation. Founded originally in Southern California during the 1870s, the company was then based for many decades in San Francisco, California, before moving its corporate offices to San Ramon, California, in 2001; on August 2, 2024, Chevron announced that it would be relocating its headquarters from California to Houston, Texas. Chevron traces its history back to the second half of the 19th century to small California-based oil companies which were acquired by Standard and merged into St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caltex
Caltex is a petroleum brand name of Chevron Corporation used in the Asia-Pacific region, the Middle East, and Southern Africa. Headquartered in Singapore, it is also the brand name of non-Chevron petroleum companies in some countries (such as New Zealand, and previously Australia and South Africa) under a trademark licensing agreement with Chevron. Caltex was also the name of the joint venture between Chevron and Texaco which used the Caltex brand name in its operations, until both parent companies merged in 2001 to form ChevronTexaco (later renamed simply to Chevron in 2005). The joint venture was created on 30 June 1936 as California Texas Oil Company Limited, a wholly owned subsidiary of the Bahrain Petroleum Company and was a holding company owning the shares of 5 Texaco marketing subsidiaries: ''The Texas Company (Australasia, China, India, Philippine Islands, South Africa) Ltd.''. In exchange Texaco was awarded a 50% stake in BAPCo. This was followed by Texaco gaining a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Occupation Of The Dutch East Indies
The Empire of Japan occupied the Dutch East Indies (now Indonesia) during World War II from March 1942 until after the end of the war in September 1945. In May 1940, Germany German invasion of the Netherlands, occupied the Netherlands, and martial law was declared in the Dutch East Indies. Following the failure of negotiations between the Dutch authorities and the Japanese, Japanese assets in the archipelago were frozen. The Dutch declared war on Japan following the 7 December 1941 attack on Pearl Harbor. The Japanese invasion of the Dutch East Indies began on 10 January 1942, and the Imperial Japanese Army overran the entire colony in less than three months. The Dutch surrendered on 8 March. Initially, most Indonesians welcomed the Japanese as liberators from their Dutch colonial masters. The sentiment changed, however, as between 4 and 10 million Indonesians were recruited as forced labourers (''romusha'') on economic development and defense projects in Java. Between 200 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shell Transport And Trading Company
Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses Science Biology * Seashell, a hard outer layer of a marine animal, found on beaches * Eggshell * Nutshell * Exoskeleton, an external covering of some animals ** Mollusc shell *** Bivalve shell *** Gastropod shell ** Shell, of a brachiopod * Turtle shell * Armadillo shell Physics and chemistry * Electron shell or a principal energy level of electrons outside an atom's nucleus * Nuclear shell model, a principal energy level of nucleons within an atom's nucleus * On shell and off shell, quantum field theory concepts depending on whether classical equations of motion are obeyed Mathematics * Spherical shell Organisations * Shell plc formerly Royal Dutch Shell plc, a British multinational oil and gas company ** Shell Oil Company or Shell USA ** Shell Australia ** Shell Canada ** Shell Nigeria * Shell co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Dutch Petroleum Company
Shell plc is a British Multinational corporation, multinational petroleum, oil and natural gas, gas company, headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext, Euronext Amsterdam and the New York Stock Exchange. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the List of largest companies by revenue, world's largest companies out of any industry. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the Top contributors to greenhouse gas emissions, ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in April 1907 through the Mergers and acquisitions, merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Sumatra
North Sumatra () is a Provinces of Indonesia, province of Indonesia located in the northern part of the island of Sumatra. Its capital and largest city is Medan on the east coast of the island. It borders Aceh to the northwest, Riau to the southeast, West Sumatra to the south, the Indian Ocean to the west, and the Strait of Malacca (with a maritime border with Malaysia) to the east. With a 2020 population around 14.8 million and a mid-2024 estimate around 15.6 million, North Sumatra is Indonesia's fourth most populous province and the most populous province outside of Java, Java Island. At , North Sumatra is the third-largest province in area on the island of Sumatra behind South Sumatra and Riau. Major ethnic groups include the Malay Indonesian, Malay, native to the east coast; several Batak groups, indigenous to the west coast and central highlands; the Nias people of Nias, Nias Island and its surrounding islets; and Chinese Indonesian, Chinese, Javanese people, Javanese, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pangkalan Brandan
Pangkalan Brandan (or Pangkalanbrandan) (''Pangkalanberandan'') is a port town in Langkat Regency, North Sumatra province, Indonesia, forty miles north west of Medan, close to the boundary with Aceh. The area's population is estimated at 21,000. Oil seepages were known in the archipelago since antiquity, the small ponds containing a mineral wax used for lighting torches and caulking boats. In 1880, East Sumatra Tobacco Company's Aeilko Jans Zijlker discovered these deposits contained up to 62 percent kerosene. Acquiring a concession from the Sultan of Langkat, near the Balaban River called Telaga Said, Zijlker's Provisional Sumatra Petroleum Company drilled the first successful oil well in 1885, called Telega Tunggal No 1. Seeking capital in 1890, Zijlker issued stock in "Royal Dutch Company for the Working of Petroleum Wells in the Dutch Indies", after William III of the Netherlands granted him the license to use the royal title. After Zijlker's sudden death in 1890, Je ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
