Word: shells
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Dates: during 1920-1929
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Standard's great rival in the international oil markets is the Royal Dutch-Shell group, which Sir Henri Wilhelm August Deterding heads...
...among a multitude of general items kerosene lamps. The East Indians who used those lamps filled them with Standard oil shipped in square cans from the U. S. Sumatra, Batavia, Borneo, Java and the rest of the archipelago were not yet producing the oil that later the Royal Dutch-Shell was to control. First oil of the region was discovered at Sumatra in the late 1880's; the Royal Dutch Co. (the Dutch royal family are important stockholders) was incorporated at The Hague only...
...India Sir Henri has used gang tactics for abusing Standard Oil. His English Shell Transport relations have brought him British government aid. Indian duties against Standard oil are higher than against Royal Dutch-Shell...
Both to harry Standard Oil on the flank and to boom up Royal Dutch-Shell goodwill throughout the British and Dutch possessions, Sir Henri has been shouting harsh things about Russian petroleum. That oil comes from wells once owned in part by British investors but now confiscated by the Soviet. Standard Oil has been buying it to sell in the East, where it has few wells, but where Royal Dutch-Shell has many. It is more profitable to Standard Oil to ship petroleum from Russia to India than from California to India. Sir Henri, therefore, has been crying loudly that...
...Shell" ships, tankers and auxiliaries, their number is vast, carry Royal Dutch-Shell oil to markets. Opposed to them President Meyer has his own "navy" of 38 ocean going tankers, 5 river steamers, 96 lighters and barges, 68 tugs and launches, and 134 junks...