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This page was last edited on 23 January 2025, at 14:33 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Shell is organised into four major business groupings: [97] Upstream – manages the upstream business. It searches for and recovers crude oil and natural gas and operates the upstream and midstream infrastructure necessary to deliver oil and gas to the market. Its activities are organised primarily within geographic units, although there are ...
In 2002, Shell began converting these Texaco stations to the Shell brand, a process that was to be completed by June 2004 and was called "the largest retail re-branding initiative in American business history". [7] In recent years, The Shell Oil Company's Midstream, and Downstream, in particular, have become limited to petroleum, and chemical ...
A commercial oil tanker receives oil at a terminal off Iraq. Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications.
Hess Oil and Chemical was founded in 1933 by Leon Hess as an operation out of Asbury Park, New Jersey that sold refining leftovers to hotels as heating fuel. [4] [9] In 1938, he purchased land in Perth Amboy for his first oil storage terminal and in 1958 opened the company's first refinery, located in Port Reading. [11]
SHEL's subsidiary, Shell USA, pays $15.85 in cash for each of the common units representing limited partner interests in Shell Midstream not held by Shell USA or its affiliates.
It follows the company’s first dividend cut since the Second World War in April, and comes in spite of 9,000 job cuts. Shell hikes dividend despite falling profits and mass job cuts Skip to main ...
Magellan Midstream Partners, L.P. is an American energy pipeline operator based in Tulsa, Oklahoma that primarily transports, stores and distributes refined petroleum products and crude oil. [ 2 ] [ 3 ] It owns ammonia and petroleum pipelines in the Mid-Continent oil province . [ 2 ]