Shell is a global group of energy and petrochemical companies. Shell Pakistan has a 100-year-old history in this part of the world, dating back to 1899 Asiatic Petroleum, the Far Eastern marketing arm of two companies: Shell Transport Company and Royal Dutch Petroleum Company began importing kerosene oil from Azerbaijan into the subcontinent. When Pakistan came into being its name was changed to Burrmah Shell Oil Distribution Company of Pakistan. In 1970, its 51% shares were transferred to Pakistani investors and its name was changed to Pakistan Burmah Shell (PBS) Limited. In February 1993, as economic liberalization began and the Burmah divested from PBS, Shell Petroleum stepped into raise its stake to 51%.Since then, Shell Petroleum Company successively increased its share, with the group now having a 76% stake in Shell Pakistan Ltd (SPL).
Shell Pakistan Limited (SPL). The Group's principal activity is to market petroleum and petrochemical products. It also blends and markets various kinds of lubricating oils. The company for businesses provides Shell cards, aviation customer service, exploration and production, transport, liquefied petroleum gas and industrial operations for power, automotive and sugar. Shell Pakistan for motorists provides customer service, car care tips, shell Helix motor oil and Shell advance motorcycle oil. The company also participates in motor sports like formula one and Moto GP by tying up with Audi, Ferrari and Ducati. Shell Pakistan is headquartered in Karachi, Pakistan.
The company reported revenues of (Pakistan Rupee) PKR 139,844.69 million during the fiscal year ended June 2008, an increase of 21.56% over 2007. The operating profit of the company was PKR 8,481.36 million during the fiscal year 2008, an increase of 627.14% over 2007. The net profit of the company was PKR 5,137.09 million during the fiscal year 2008, an increase of 626.96% over 2007.