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 20th century.[1] 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 and subsequent engines.[2][3]
In 1951, China requisitioned all property belonging to the company in retaliation for the Hong Kong Government's requisitioning of the tanker Script error: No such module "WPSHIPS utilities"..[4]
See also
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- Photograph courtesy of Paul Pak-hing Lee Studio
References
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- Oil companies of China
- Former joint ventures
- Former Shell plc subsidiaries
- Energy companies established in 1903
- Non-renewable resource companies established in 1903
- Defunct companies based in Shanghai
- Chinese companies established in 1903
- Defunct energy companies of China