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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]], now Indonesia.{{sfn|Braake|1944|pp=68-9,74}}{{sfn|Coumbe|1923|pp=71-86}} The company is the predecessor of [[Pertamina]].
[[File:COLLECTIE TROPENMUSEUM Hoofdgebouw van de Bataafse Petroleum Maatschappij te Batavia TMnr 10014922.jpg|thumb|Bataafsche Petroleum Maatschappij headquarters in [[Jakarta|Batavia]] (1900-1940)]]
'''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}}


==History==
==History==
[[File:COLLECTIE TROPENMUSEUM Hoofdgebouw van de Bataafse Petroleum Maatschappij te Batavia TMnr 10014922.jpg|thumb|BPM moved into this building in Jakarta in 1938. The building is now the headquarter of [[Pertamina]]. Bataafsche Petroleum Maatschappij headquarters in [[Jakarta|Batavia]] (1900-1940)]]
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}}
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}}



Revision as of 13:18, 9 July 2016

Bataafse Petroleum Maatschappij (BPM)
IndustryOil extraction
Founded1907
Defunct2005
ParentRoyal 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, now Indonesia.[1][2] The company is the predecessor of Pertamina.

History

BPM moved into this building in Jakarta in 1938. The building is now the headquarter of Pertamina. Bataafsche Petroleum Maatschappij headquarters in Batavia (1900-1940)

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

  1. ^ a b Braake 1944, pp. 68–9, 74.
  2. ^ a b Coumbe 1923, pp. 71–86.
  3. ^ Merrillees 2015, p. 60.
  4. ^ 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= (help); Invalid |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