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1978 Royal Dutch Petroleum Group

 

 

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Stock Code VM-RDS01

  Certificate for 100 shares of 20 guilders each, dated December 7th 1978.

Issued to Lewco Securities with the printed signatures of the Chairman and President of the company. Vignette of oil refinery with the god Mercury and goddess Fortuna at top of the certificate. Blue border.

Certificate size is 20 cm high x 30.5 cm wide (8" x 12").

We have several certificates of this company from the 1960s and 1970s; should you require information on any of the others please click here.

About the Company

Framed Certificate Price : £70.00

Certificate Only Price : £30.00

 

 

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  Price £70.00


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TO BUY THIS CERTIFICATE UNFRAMED :

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  Price £30.00


2. UK Shipping is included in the price. If you are ordering from outside the UK click on the relevant button below to include shipping to your country. Only one shipping charge is required for unframed certificates, regardless of the amount purchased. Note that if your order is over £100 no shipping charge is required, regardless of destination address.

U.S. / Canada Shipping (£5.00)

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Rest Of World Shipping (£7.50)


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About the Company

In 1833 Marcus Samuel opened a small shop in London's East End, selling sea shells to Victorian natural history enthusiasts. It didn't take long before trading shells turned into a thriving general import-export business.

Marcus's son, Marcus Junior, came across oil exporting on a visit to Baku on the Caspian Sea coast. He saw a huge opportunity to export kerosene for lamps and cooking to Japan. Unfortunately, Standard Oil in America had a monopoly on the business, so Marcus realised he needed to find a way to undercut prices.


The Suez Canal (opened in1869) offered a solution, but a new tanker design was needed to meet safety standards. In 1892 Marcus commissioned the first special oil-tanker, and delivered 4,000 tonnes of Russian kerosene to Singapore and Bangkok.

Quite separately in 1890 the Dutch company N.V. Koninklijke Nederlandsche Maatschappij tot Explotatie van Petroleum-bronnen in Nederlandsch-Indië was formed to develop an oilfield in Pangkalan Brandan in Sumatra. In 1896 it built its own tanker fleet to compete with the British.

By 1903 it was obvious that the competing Dutch and British companies would do better by working together, and they merged into the Asiatic Petroleum Company.

The partnership worked so well that four years later it was extended to cover operations worldwide, with the creation of the Royal Dutch/Shell Group of Companies.

The partnership continues to this day. The two parent companies retain their separate businesses, and own the Group, with more than 1,700 active companies, in the proportion of 60% to Royal Dutch Petroleum, and 40% to the Shell Transport and Trading Company.

Rapid expansion followed the formation of the Group, with producing interests acquired in Romania (1906), Russia (1910), Egypt (1911), Venezuela (1913) and Trinidad (1914).

Trading in the U.S. started in 1912 after the acquisition of an American marketing company, The American Gasoline Company.

The early years of the century were exciting times for the oil industry. Mass production of cars started in 1909, opening up a vast new market. In 1912 the British Navy recommended fuel oil for their fleet and, although only small quantities were purchased from Shell, the precedent had been set.
 

 

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