Asiatic Petroleum Company
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Asiatic Petroleum Company
Asiatic Petroleum Company (APC) was a joint venture between the Shell and Royal Dutch oil companies founded in 1903. It operated in Asia in the early twentieth century. The corporate headquarters were on The Bund in Shanghai, China. The division tested the limits of corporate liability in the ''Lennard's Carrying Co Ltd v Asiatic Petroleum Co Ltd'' case. The company was involved in the early developments of Frank Whittle in the jet engine field, a Mr. I Lubbock of the company devising a suitable combustion chamber design, known as the 'Lubbock Burner' and used in the Power Jets WU The Power Jets WU (Whittle Unit) was a series of three very different experimental jet engines produced and tested by Frank Whittle and his small team in the late 1930s. Design and development The WU "First Model", also known by Whittle as the ... and subsequent engines. In 1951, China requisitioned all property belonging to the company in retaliation for the Hong Kong Government's requisitioni ...
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Royal Dutch Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas "supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whi ...
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Tank Ship
A tanker (or tank ship or tankship) is a ship designed to transport or store liquids or gases in bulk. Major types of tankship include the oil tanker, the chemical tanker, and gas carrier. Tankers also carry commodities such as vegetable oils, molasses and wine. In the United States Navy and Military Sealift Command, a tanker used to refuel other ships is called an oiler (or replenishment oiler if it can also supply dry stores) but many other navies use the terms tanker and replenishment tanker. Tankers were first developed in the late 19th century as iron and steel hulls and pumping systems were developed. As of 2005, there were just over 4,000 tankers and supertankers or greater operating worldwide. Description Tankers can range in size of capacity from several hundred tons, which includes vessels for servicing small harbours and coastal settlements, to several hundred thousand tons, for long-range haulage. Besides ocean- or seagoing tankers there are also specialized ...
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Companies Based In Shanghai
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Non-renewable Resource Companies Established In 1903
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present i ...
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Energy Companies Established In 1903
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ...
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Shell Plc Subsidiaries
Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses ** Thin-shell structure Science Biology * Seashell, a hard outer layer of a marine animal, found on beaches * Eggshell * Nutshell * Exoskeleton, an external covering of some animals ** Mollusc shell *** Bivalve shell *** Gastropod shell ** Shell, of a brachiopod ** Turtle shell Physics and chemistry * Electron shell or a principal energy level of electrons outside an atom's nucleus * Nuclear shell model, a principal energy level of nucleons within an atom's nucleus * On shell and off shell, quantum field theory concepts depending on whether classical equations of motion are obeyed Mathematics * Spherical shell Organisations * Shell plc, a British multinational oil and gas company ** Shell USA ** Shell Australia ** Shell Canada ** Shell Nigeria * Shell corporation, a type of company that serves as ...
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Joint Ventures
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Oil Companies Of China
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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Hong Kong Government
The Government of the Hong Kong Special Administrative Region, commonly known as the Hong Kong Government or HKSAR Government, refers to the Executive (government), executive authorities of Hong Kong Special administrative regions of China, SAR. It was formed on 1 July 1997 in accordance with the Sino-British Joint Declaration of 1983, an international treaty lodged at the United Nations. This government replaced the former British Hong Kong, British Hong Kong Government (1842–1997). The Chief Executive and the Principal officials of Hong Kong, principal officials, nominated by the chief executive, are appointed by the State Council of the People's Republic of China. The Government Secretariat (Hong Kong), Government Secretariat is headed by the Chief Secretary for Administration, Chief Secretary of Hong Kong, who is the most senior principal official of the Government. The Chief Secretary and the other Secretary of State, secretaries jointly oversee the administration of Ho ...
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Asiatic Petroleum Building
The Asia Building (), also known as the McBain Building and the Asiatic Petroleum Building, is a historical eight-storey building on the Bund in Shanghai, China. Site and construction The building was built in 1916 as McBain Building on the corner of the Bund (currently 1 East-1 Zhongshan Road) and Avenue Edward VII (today's East Yan'an Road), a location known as No.1 on the Bund, near the former French Concession. It stands on a site of 1739 square metres and has a floor area of 11,723 square metres. It was the tallest and one of the largest buildings in Shanghai upon its completion. This fact, adding to its location, earned it a widespread nickname 'Number One Building on the Bund' (外滩第一楼). The building was designed by Moorhead&Halse, a famous architectural firm in Shanghai back then and built by contractor Yu Chang Tai. Initially the building was seven stories tall; an extra storey was added in 1939. History The lot of the building originally belonged two British ...
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Power Jets WU
The Power Jets WU (Whittle Unit) was a series of three very different experimental jet engines produced and tested by Frank Whittle and his small team in the late 1930s. Design and development The WU "First Model", also known by Whittle as the first "experimental" engine, and the "1st edition","The Early History of the Whittle Jet Propulsion Gas Turbine" The First James Clayton Lecture 1945, Air Commodore Frank Whittle, Institution of Mechanical Engineers, London was the first turbojet engine to be built and run in the world. Although an experimental engine and not intended for flight it was designed to be very light by normal engineering standards. The engine had four basic components: a single stage centrifugal compressor with double-sided impeller, a single straight-through combustion chamber, a single stage, axial flow turbine and a convergent propelling nozzle attached to a jet pipe. The shaft connecting the turbine to the compressor was made as short as possible to avoid ...
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Combustion Chamber
A combustion chamber is part of an internal combustion engine in which the fuel/air mix is burned. For steam engines, the term has also been used for an extension of the firebox which is used to allow a more complete combustion process. Internal combustion engines In an internal combustion engine, the pressure caused by the burning air/fuel mixture applies direct force to part of the engine (e.g. for a piston engine, the force is applied to the top of the piston), which converts the gas pressure into mechanical energy (often in the form of a rotating output shaft). This contrasts an external combustion engine, where the combustion takes place in a separate part of the engine to where the gas pressure is converted into mechanical energy. Spark-ignition engines In spark ignition engines, such as petrol (gasoline) engines, the combustion chamber is usually located in the cylinder head. The engines are often designed such that the bottom of combustion chamber is roughly in li ...
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