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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. [10]
By the end of the 1920s, Shell was the world's leading oil company, producing 11 percent of the world's crude oil supply and owning 10 percent of its tanker tonnage. [30] During the Spanish Civil War the company sold oil to the Nationalist side of Francisco Franco. [32] 1932 Shell advertisement poster by the British surrealist painter Paul Nash
Motiva operates as a distributor of Shell and 76 branded gasolines within its operating territory. [3] The company began as a 50–50 joint venture between Shell Oil Company (the wholly owned US subsidiary of Royal Dutch Shell) and Saudi Aramco (which had previously partened with Texaco) in 1997. [1]
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