Shale PetroChem

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Shale PetroChem
Public limited company
Traded asKWB: SPCA
RWB: SPC
ABV: SPC
IndustryOil and gas
PredecessorShale Mining Company (1889)
Mascyllary Petrochemical Company (1895)
FoundedAugust 9, 1906; 117 years ago (1906-08-09)
FounderHarald Kehnar
Headquarters,
Area served
Worldwide
Key people
ProductsPetroleum, natural gas, LNG, motor fuels, aviation fuels, lubricants, petrochemicals
ServicesService stations, industries
RevenueIncrease US$347.6 billion (2018)
Increase US$24.2 billion (2018)
Increase US$15.9 billion
Total assetsIncrease US$343.3 billion
Total equityDecrease US$168.4 billion
Number of employees
75,000 (2018)
SubsidiariesShale Chemicals
Shale Hallania
Shale Erdara
Shale Kyuko
Shale Research
Shale Oils
PetroEast
Websitewww.pp.co.pm

Shale PetroChem PLC, commonly known and sold as Shale, is an originally Mascyllary, but now multinational oil and gas company headquartered in Königsreh, Mascylla. It is one of the leading oil and gas "supermajors", whose performances made it the world's Xth-largest oil and gas company and Xth-largest company in the world measured by 2018 revenues. As a vertically integrated company, it operates in all areas of the larger oil and gas industries, including those of exploration, the production, refining, distribution and marketing, petrochemicals, power generation and the trading. It also has shown interest in renewable energy sources such as biofuels, wind power, hydrogen, and solar technologies.

As of 2019, Shale is maintaining operations in nearly 12 countries worldwide, produces around 3.7 million barrels per day (590,000 m3/d) of oil equivalent, and had total proven reserves of 19.945 billion barrels (3.1710×109 m3) of oil equivalent in August 2018. The company has around 29,800 service stations worldwide. Its largest and most profitable subsidiary in use is Shale Erdara in Erdara. Shale also holds large quantities of other smaller oil and gas companies. The company has a primary listing on the Königsreh Stock Exchange and is a constituent of other secondary listings in major centres of the global economy, such as Rhinmond and Aniarro.