The Royal Dutch/Shell Group (‘Shell’) employs over 119,000 people worldwide and is a leading energy company of the world. Shell has five core businesses: Exploration and Production, Oil Products, Downstream Gas and Power, Chemicals and Renewables, and operates in more than 140 countries across the world. Shell had revenues of over US$ 201 billion in 2003.
The Shell Group’s presence in India goes back over 75 years, when it operated in the country as the pioneering oil distribution company, through Burmah Shell, an alliance between the Burmah Oil Company and Asiatic Petroleum (India), in 1928.
Shell returned to India with the incorporation of Bharat Shell, a 51:49 joint venture between Shell and Bharat Petroleum Corporation Limited in 1993. In 1996, Shell India Private Limited, a 100 per cent Shell-owned company, was incorporated to oversee the development of businesses in petroleum, natural gas, petrochemicals and renewable energy. The Group’s committed investments in different businesses in India total about US$ 850 million, making Shell one of the top FDI (foreign direct investment) investors in India.
Shell currently has interests in natural gas (LNG), liquefied petroleum gas (LPG), lubricants, bitumen and solar energy in India and launched its retail fuel business in India in November 2004. Shell is the only international company to be granted approval by the Indian government for the retail fuels business in India till date.
Shell’s US$ 650 million Hazira Port and LNG Terminal, in the Surat district of Gujarat is regarded as a key FDI project, building critical gas infrastructure.
Shell has 10 registered companies in India.
From : http://ibef.org/artdisplay.aspx?cat_id=492&art_id=6829
The Shell Group’s presence in India goes back over 75 years, when it operated in the country as the pioneering oil distribution company, through Burmah Shell, an alliance between the Burmah Oil Company and Asiatic Petroleum (India), in 1928.
Shell returned to India with the incorporation of Bharat Shell, a 51:49 joint venture between Shell and Bharat Petroleum Corporation Limited in 1993. In 1996, Shell India Private Limited, a 100 per cent Shell-owned company, was incorporated to oversee the development of businesses in petroleum, natural gas, petrochemicals and renewable energy. The Group’s committed investments in different businesses in India total about US$ 850 million, making Shell one of the top FDI (foreign direct investment) investors in India.
Shell currently has interests in natural gas (LNG), liquefied petroleum gas (LPG), lubricants, bitumen and solar energy in India and launched its retail fuel business in India in November 2004. Shell is the only international company to be granted approval by the Indian government for the retail fuels business in India till date.
Shell’s US$ 650 million Hazira Port and LNG Terminal, in the Surat district of Gujarat is regarded as a key FDI project, building critical gas infrastructure.
Shell has 10 registered companies in India.
From : http://ibef.org/artdisplay.aspx?cat_id=492&art_id=6829