Royal Dutch Shell
ROYAL DUTCH SHELL
An Anglo-Dutch petroleum conglomerate.
The Royal Dutch Shell group of companies was created in 1907 from the merger of the Royal Dutch and Shell oil companies. More commonly known as Shell, the group is one of the largest oil companies in the world and is one of the Seven Sisters. Though headquartered in London, the company's main interests were in Iraq, Iran, Kuwait, and Turkey until nationalization of oil resources by the Gulf countries. It had no sizable role in the oil industry of Saudi Arabia. In 2001, the company had 91,000 employees worldwide, sales of $135 billion, and net assets of $56 billion.