Bataafse Petroleum Maatschappij: Difference between revisions
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[[File:COLLECTIE TROPENMUSEUM Hoofdgebouw van de Bataafse Petroleum Maatschappij te Batavia TMnr 10014922.jpg|thumb|Bataafsche Petroleum Maatschappij headquarters in [[Jakarta|Batavia]] (1900-1940)]] |
[[File:COLLECTIE TROPENMUSEUM Hoofdgebouw van de Bataafse Petroleum Maatschappij te Batavia TMnr 10014922.jpg|thumb|Bataafsche Petroleum Maatschappij headquarters in [[Jakarta|Batavia]] (1900-1940)]] |
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'''Bataafse Petroleum Maatschappij''' or '''Bataafsche Petroleum Maatschappij''' (better known as '''BPM'''), Dutch for ''Batavian Oil Company'', was a subsidiary of the [[Royal Dutch Shell]] oil company established in 1907 which extracted and refined oil in the [[Netherlands East Indies]].{{sfn|Braake|1944|pp=68-9,74}}{{sfn|Coumbe|1923|pp=71-86}} |
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==History== |
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The BPM was established in 1907.{{sfn|Braake|1944|pp=68-9,74}}{{sfn|Coumbe|1923|pp=71-86}} It was Shell's main oil producing entity in Indonesia (at that time, [[Dutch East Indies]]) and dominated the Indonesian oil industry during the colonial era, making it one of the largest companies in the colonial economy. More than 95% of Indonesia's crude oil was commercially produced by BPM in the 1920s{{sfn|Merrillees|2015|p=60}} |
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| ⚫ | The [[dual-listed comapny|dual-listed]] nature of the Royal Dutch Shell meant that BPM was 60 percent owned by the [[Royal Dutch Petroleum Company]], and 40% by the [[Shell Transport and Trading Company]]; it acted as a Dutch holding company for the merged Royal Dutch Shell Group along with its UK analogue the ''Anglo-Saxon Petroleum Company''. The two were merged in 2005 creating a single holding structure for Shell.<ref>{{citation| url =http://books.google.co.uk/books?id=vArc08DO9ykC| title = Historical dictionary of the petroleum industry | author = Marius Vassiliou| authorlink= Marius Vassiliou| publisher =Scarecrow Press| year = 2009| at = "Bataafsche Petroleum Maatschappij", p.78; "Royal Dutch Shell", pp.436-7; also pp.157, 436}}</ref> |
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==References== |
==References== |
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{{reflist}} |
{{reflist|3}} |
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==Cited works== |
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{{citation| url = http://books.google.co.uk/books?id=sMzIttxRrIwC| title = Mining in the Netherlands East Indies| last=Braake |first=Alex L. | publisher = Ayer Publishing| year= 1944 | pages= 68–9,74 |ref=harv}} |
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{{citation| url = http://books.google.co.uk/books?id=HhcNxEUvQFwC| title = European foreign investments as seen by the U.S. Department of Commerce| publisher = United States. Bureau of Foreign and Domestic Commerce| year = 1923| chapter = Petroleum Production and Trade of the Dutch East Indies| last=Coumbe |first= Albert T. |chapterurl = http://books.google.co.uk/books?id=HhcNxEUvQFwC&lpg=PP1&pg=PA65#v=onepage&q&f=false|ref=harv}} |
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{{cite book |last=Merrillees |first=Scott |date=2015 |title=Jakarta: Portraits of a Capital 1950-1980 |url=https://books.google.co.id/books?id=akLWjgEACAAJ&dq=JAKARTA:+Portraits+of+a+Capital+1950-1980&hl=en&sa=X&redir_esc=y |location=Jakarta |publisher=Equinox Publishing |isbn=9786028397308 |ref=harv}} |
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==External links== |
==External links== |
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[[Category:Royal Dutch Shell]] |
[[Category:Royal Dutch Shell]] |
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[[Category:Dutch East Indies]] |
[[Category:Dutch East Indies]] |
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{{company-stub}} |
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Revision as of 13:16, 9 July 2016
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| Industry | Oil extraction |
|---|---|
| Founded | 1907 |
| Defunct | 2005 |
| Parent | Royal Dutch Shell |
Bataafse Petroleum Maatschappij or Bataafsche Petroleum Maatschappij (better known as BPM), Dutch for Batavian Oil Company, was a subsidiary of the Royal Dutch Shell oil company established in 1907 which extracted and refined oil in the Netherlands East Indies.[1][2]
History
The BPM was established in 1907.[1][2] It was Shell's main oil producing entity in Indonesia (at that time, Dutch East Indies) and dominated the Indonesian oil industry during the colonial era, making it one of the largest companies in the colonial economy. More than 95% of Indonesia's crude oil was commercially produced by BPM in the 1920s[3]
The dual-listed nature of the Royal Dutch Shell meant that BPM was 60 percent owned by the Royal Dutch Petroleum Company, and 40% by the Shell Transport and Trading Company; it acted as a Dutch holding company for the merged Royal Dutch Shell Group along with its UK analogue the Anglo-Saxon Petroleum Company. The two were merged in 2005 creating a single holding structure for Shell.[4]
References
- ^ a b Braake 1944, pp. 68–9, 74.
- ^ a b Coumbe 1923, pp. 71–86.
- ^ Merrillees 2015, p. 60.
- ^ Marius Vassiliou (2009), Historical dictionary of the petroleum industry, Scarecrow Press, "Bataafsche Petroleum Maatschappij", p.78; "Royal Dutch Shell", pp.436-7; also pp.157, 436
Cited works
Braake, Alex L. (1944), Mining in the Netherlands East Indies, Ayer Publishing, pp. 68–9, 74 {{citation}}: Invalid |ref=harv (help)
Coumbe, Albert T. (1923), "Petroleum Production and Trade of the Dutch East Indies", European foreign investments as seen by the U.S. Department of Commerce, United States. Bureau of Foreign and Domestic Commerce {{citation}}: External link in |chapterurl=|ref=harv (help); Unknown parameter |chapterurl= ignored (|chapter-url= suggested) (help)
Merrillees, Scott (2015). Jakarta: Portraits of a Capital 1950-1980. Jakarta: Equinox Publishing. ISBN 9786028397308. {{cite book}}: Invalid |ref=harv (help)
External links
