The Rochester Knighthawks (also known as the K-Hawks ) are a professional box lacrosse team in the Eastern Conference of the National Lacrosse League . They play in Rochester, New York , at the Blue Cross Arena at the War Memorial .
84-628: The Knighthawks are owned by Terry Pegula who purchased the intellectual property of the team from former owner Curt Styres. Styres moved the previous version of the team to Halifax, Nova Scotia as the Halifax Thunderbirds at the end of the 2018–2019 season. As an expansion team they are not a continuation of the previous Knighthawks. All records and championships followed the original franchise to Halifax. The original Knighthawks played in Rochester from 1995 until 2019. They began as members of
168-556: A Ferranti Mark 1* , was assembled and used at the Shell laboratory in Amsterdam. In 1970, Shell acquired the mining company Billiton , which it subsequently sold in 1994. In 1989, Shell redesigned a $ 3-billion natural gas platform in the North Sea , raising its height one to two meters, to accommodate an anticipated sea level rise due to global warming . In the 1990s, protesters criticised
252-572: A US$ 20 billion gas project that was to be constructed in the US state of Louisiana . A new CEO Ben van Beurden was appointed in January 2014, prior to the announcement that the corporation's overall performance in 2013 was 38 percent lower than in 2012—the value of Shell's shares fell by 3 percent as a result. Following the sale of the majority of its Australian assets in February 2014, the corporation plans to sell
336-581: A full-scale merger or takeover of either of the two companies. The Dutch company, Koninklijke Nederlandsche Petroleum Maatschappij at The Hague , was in charge of production and manufacture. The British Anglo-Saxon Petroleum Company was based in London, to direct the transport and storage of the products. In 1912, Royal Dutch Shell purchased the Rothschilds ' Russian oil assets in a stock deal. The Group's production portfolio then consisted of 53 percent from
420-414: A fund that would go towards humanitarian aid to Ukraine. On 8 March, Shell announced that it would stop buying Russian oil and gas and close its service stations in the country. In 2022, the major oil and gas companies, including Shell, reported sharp rises in interim revenues and profits. In fact, this rise in profit for Shell was so sharp, that 2022 was the company's best year, as Shell recorded double
504-679: A further US$ 15 billion worth of assets in the period leading up to 2015, with deals announced in Australia, Brazil and Italy. Shell announced on 8 April 2015 it had agreed to buy BG Group for £47 billion (US$ 70 billion), subject to shareholder and regulatory approval. The acquisition was completed in February 2016, resulting in Shell surpassing Chevron Corporation and becoming the world's second largest non-state oil company. On 7 June 2016, Shell announced that it would build an ethane cracker plant near Pittsburgh , Pennsylvania , after spending several years doing an environmental cleanup of
588-459: A loss of $ 21.7 billion in 2020 due to the COVID-19 pandemic, despite reducing its operating expenses by 12%, or $ 4.5 billion, according to a Morningstar analysis cited by Barron's . In November 2021, Shell announced that it is planning to relocate their headquarters to London, abandon its dual share structure, and change its name from Royal Dutch Shell plc to Shell plc. The company's name change
672-761: A minority stake in the ownership of the Bills, following Kim being declared legally incapacitated in March 2023 following a June 2022 stroke; under the terms of the declaration, Kim was declared a ward in the custody of her husband and her assets transferred to a trust managed by Terry and by Bob Long, a longtime business partner of Pegula's. Though Pegula has been identified as a Republican , he does not speak publicly about his specific political views. Pegula and his wife have made political donations to politicians of both parties, generally to incumbents. In 2010, Pegula and his wife donated $ 305,000 to Republican Tom Corbett 's campaign during
756-493: A self-supporting unit without subsidies from other parts of the company. Traditionally, Shell was a heavily decentralised business worldwide (especially in the downstream) with companies in over 100 countries, each of which operated with a high degree of independence. The upstream tended to be far more centralised with much of the technical and financial direction coming from the central offices in The Hague . The upstream oil sector
840-413: A single-unit partnership for business purposes. The terms of the merger gave 60 percent stock ownership of the new group to Royal Dutch, and 40 percent to Shell. Both became holding companies for Bataafsche Petroleum Maatschappij , containing the production and refining assets, and Anglo-Saxon Petroleum Company, containing the transport and storage assets. National patriotic sensibilities would not permit
924-470: A type of snail shell ), to enter this market; by 1907 the company had a fleet. Although for several decades the company had a refinery at Shell Haven on the Thames, there is no evidence of this having provided the name. The Shell logo is one of the most familiar commercial symbols in the world. This logo is known as the " pecten " after the sea shell Pecten maximus (the giant scallop ), on which its design
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#17328509985211008-562: Is vertically integrated and is active in every area of the oil and gas industry, including exploration , production , refining , transport , distribution and marketing , petrochemicals , power generation , and trading . Shell has operations in over 99 countries, produces around 3.7 million barrels of oil equivalent per day and has around 44,000 service stations worldwide. As of 31 December 2019, Shell had total proved reserves of 11.1 billion barrels (1.76 × 10 m ) of oil equivalent. Shell USA , its principal subsidiary in
1092-512: Is also commonly known as the "exploration and production" sector. Downstream operations, which now also includes the chemicals business, generate the majority of Shell's profits worldwide and is known for its global network of more than 40,000 petrol stations and its various oil refineries . The downstream business, which in some countries also included oil refining , generally included a retail petrol station network, lubricants manufacture and marketing, industrial fuel and lubricants sales, and
1176-691: Is an American billionaire businessman and petroleum engineer. He is the owner of the Buffalo Sabres of the National Hockey League (NHL) and, with his wife Kim Pegula , the Buffalo Bills of the National Football League (NFL). He is also the president of both franchises. Amassing his fortune via investments in fracking , Pegula has interests in natural gas development, real estate, entertainment, and professional sports. His net worth
1260-543: Is anchored by the two rinks, a large parking garage, retail, restaurants and a hotel, mostly opened in November 2014 with the rinks, restaurants and parking garage fully completed and opened in August 2015 with the completion and opening of the hotel and retail. Pegula is also the operator of KeyBank Center and Blue Cross Arena . In 2017, Pegula purchased 79 Perry Street, near KeyBank Center and teamed up with Labatt USA to redevelop
1344-476: Is based. The yellow and red colours used are thought to relate to the colours of the flag of Spain , as Shell built early service stations in California , previously a Spanish colony . The current revision of the logo was designed by Raymond Loewy in 1971. The slash was removed from the name "Royal Dutch/Shell" in 2005, concurrent with moves to merge the two legally separate companies (Royal Dutch and Shell) to
1428-522: Is linked to The "Shell" Transport and Trading Company. In 1833, the founder's father, Marcus Samuel Sr., founded an import business to sell seashells to London collectors. When collecting seashell specimens in the Caspian Sea area in 1892, the younger Samuel realised there was potential in exporting lamp oil from the region and commissioned the world's first purpose-built oil tanker , the Murex (Latin for
1512-620: Is mainly targeted toward Houghton College intercollegiate athletics, which recently moved up to Division III Athletics and the Empire 8 Conference. It opened on October 4, 2014. He currently lives in Boca Raton, Florida , along with his second wife, Kim Pegula (formerly Kerr), who grew up in Fairport, New York , and is a graduate of Houghton College . Kim was born in Seoul , South Korea , and at age 5, she
1596-451: Is over $ 7 billion. Pegula was born in Carbondale, Pennsylvania . His father worked in truck driving and coal mining. His mother hails from Montreal , Quebec, Canada. He attended high school at Scranton Preparatory School . From there he attended college at Penn State University where he earned a Bachelor of Science degree in petroleum and natural gas engineering. Beginning in 1985, he
1680-505: The Argentinian town of Magdalena, Buenos Aires , the Shell tanker Estrella pampeana collided with a German cargo ship , emptying its contents into the lake, polluting the environment, drinkable water, plants and animals. Over a decade after the spill, a referendum held in Magdalena determined the acceptance of a US$ 9.5 million compensatory payout from Shell. Shell denied responsibility for
1764-720: The Buffalo Beauts of the league then known as the National Women's Hockey League and now as the Premier Hockey Federation . This made the Beauts the first NWHL team not owned by the league, the first professional women's hockey team in North America owned by the same person that owned the market's NHL team and got Pegula into women's hockey. Pegula divested the Beauts in 2019. In 2018, Pegula reached an agreement to purchase
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#17328509985211848-771: The East Indies , 29 percent from the Russian Empire , and 17 percent from Romania . During the First World War , Shell was the main supplier of fuel to the British Expeditionary Force . It was also the sole supplier of aviation fuel and supplied 80 percent of the British Army's TNT . It also volunteered all of its shipping to the British Admiralty . The German invasion of Romania in 1916 saw 17% of
1932-652: The New York Stock Exchange on 18 November 2005. The shares of the company were issued at a 60/40 advantage for the shareholders of Royal Dutch in line with the original ownership of the Shell Group. During the 2009 Iraqi oil services contracts tender , a consortium led by Shell (45%) and which included Petronas (30%) was awarded a production contract for the "Majnoon field" in the south of Iraq, which contains an estimated 12.6 billion barrels (2.00 × 10 m ) of oil. The "West Qurna 1 field" production contract
2016-402: The New York Stock Exchange . A core component of Big Oil , Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil ), and among the world's largest companies out of any industry. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in
2100-464: The Paradise Papers , a set of confidential electronic documents relating to offshore investment , revealed that Argentine Energy Minister Juan José Aranguren was revealed to have managed the offshore companies 'Shell Western Supply and Trading Limited' and 'Sol Antilles y Guianas Limited', both subsidiaries of Shell. One is the main bidder for the purchase of diesel oil by the government through
2184-553: The Pennsylvania governor's race ; they were the largest contributors to the then Pennsylvania Attorney General . In New York, Pegula and his wife donated $ 25,000 to New York Governor Andrew Cuomo 's campaign during the 2014 elections and also donated $ 12,000 to Buffalo mayor Byron Brown , $ 2,500 to U.S. senator Chuck Schumer , and $ 250 to state senator Tim Kennedy , all Democrats . Pegula expressed support for legalizing ridesharing companies in upstate New York, where it had at
2268-487: The Russian invasion of Ukraine and in the midst of the growing boycott of Russian economy and related divestments , Shell bought a cargo of discounted Russian crude oil. The next day, following criticism from Ukraine's Foreign Minister Dmytro Kuleba , Shell defended the purchase as a short term necessity, but also announced that it intended to reduce such purchases, and it would put profits from any Russian oil it purchases into
2352-678: The Sultan of Muscat . In 1952, IPC offered financial support to raise an armed force that would assist the Sultan in occupying the interior region of Oman , an area that geologists believed to be rich in oil. This led to the 1954 outbreak of the Jebel Akhdar War in Oman that lasted for more than 5 years. Around 1952, Shell was the first company to purchase and use a computer in the Netherlands. The computer,
2436-605: The Buffalo Sabres and the Buffalo Bandits of the National Lacrosse League ) from previous owners Tom Golisano , Larry Quinn , and Dan DiPofi for $ 189 million. Pegula's purchase made an immediate positive impact, with players, fans and alumni invigorated by his investment in the team, the then First Niagara Center and the building of Harborcenter across the street. Pegula was quoted as saying, "Starting today,
2520-537: The Buffalo Sabres' reason for existence, will be to win a Stanley Cup ." However, in the decade that followed, the Buffalo Sabres posted a 281-354-94 record and held the longest active NHL post-season drought . Pegula and his wife have been heavily criticized for meddling in the Sabres' hockey operations. Many fans and critics alike have attributed the team's firing of six head coaches and three general managers since 2013 to this, as well as other controversial moves such as
2604-615: The CCHA, joined the upstart National Collegiate Hockey Conference along with former WCHA members St. Cloud State , Minnesota-Duluth , Denver , Colorado College , Nebraska-Omaha , and North Dakota . Ex-CCHA member Notre Dame joined Hockey East , which then recruited UConn from the Atlantic Hockey Association to begin play in Hockey East in 2014. After the dust settled, the ECAC was
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2688-678: The Major Indoor Lacrosse League from 1995 to 1997 then became members of the NLL beginning with the league's inaugural 1998 season. The Knighthawks reached the playoffs in each of their first 13 seasons, from 1995 to 2007. This is a league record going back to the league's original creation, the Eagle Pro Box Lacrosse League. The previous record was 11 straight years, held by the Philadelphia Wings . They were also
2772-558: The NFL's finance committee and were then scheduled to be presented at the NFL owners' meeting on October 8, 2014, for final owner approval; the Pegulas received unanimous approval from the league's owners on October 8 and closed the deal on October 10. Pegula's first major order of business was to end the Bills Toronto Series , which he did in an agreement reached on December 3, 2014. Upon
2856-670: The Pennsylvania, New York, and Rocky Mountain assets of the company to Royal Dutch Shell for approximately $ 4.7 billion. He sold the Ohio and West Virginia assets of the company to American Energy Partners, LP for $ 1.75 billion in 2014. Pegula also owns Greater Rocky Mountain Regional Oil & Gas in Colorado and Wyoming, and JKLM Energy in Pennsylvania. In February 2011, Pegula purchased Hockey Western New York LLC (the holding company that owns
2940-645: The Sabres to re-purchase the Rochester Americans , which had served as the Sabres' American Hockey League affiliate from 1979 to 2008 (and had been owned by the Sabres from 1979 to 1996); the deal was completed in late June 2011. As part of the deal the Americans had to be split off from its NLL counterpart the Rochester Knighthawks since Pegula owned the Bandits due to ownership rules at the time. Along with
3024-580: The United States, is one of its largest businesses. Shell holds 44% of Raízen , a publicly-listed joint venture with Cosan , which is the third-largest Brazil -based energy company. In addition to the main Shell brand, the company also owns the Jiffy Lube , Pennzoil and Quaker State brands. Shell is a constituent of the FTSE 100 Index and had a market capitalisation of US$ 199 billion on 15 September 2022,
3108-454: The appointment of Jorma Ollila , chairman and CEO of Nokia at the time, to succeed Aad Jacobs as the company's non-executive chairman on 1 June 2006. Ollila is the first Shell chairman to be neither Dutch nor British. Other non-executive directors include Maarten van den Bergh , Wim Kok , Nina Henderson, Lord Kerr , Adelbert van Roxe, and Christine Morin-Postel. Since 3 January 2014, Ben van Beurden has been CEO of Shell. His predecessor
3192-446: The building into a mixed use facility including a small test brewery called the "Labatt Brew House" and restaurant called "The Draft Room" as well as Labatt's U.S. headquarters, Pegula Sports and Entertainment's headquarters, and residential space. Pegula also owns a share of Black River Entertainment , an independent country music label. The label features such acts as Kelsea Ballerini , Kellie Pickler and Craig Morgan as well as
3276-626: The company's environmental record, particularly the possible pollution caused by the proposed disposal of the Brent Spar platform into the North Sea. Despite support from the UK government, Shell reversed the decision under public pressure but maintained that sinking the platform would have been environmentally better. Shell subsequently published an unequivocal commitment to sustainable development , supported by executive speeches reinforcing this commitment. Shell
3360-406: The core competencies on which the company was founded. Similar competencies were required for natural gas, which has become one of the most important businesses in which Shell is involved, and which contributes a significant proportion of the company's profits. While the vertically integrated business model provided significant economies of scale and barriers to entry , each business now seeks to be
3444-446: The cost of a planned $ 28bn capital spending programme. Shell invited buyers to submit indicative bids, due by 22 March, with a plan to raise $ 2–3bn from the sale. In June 2010, Shell agreed to acquire all the business of East Resources for a cash consideration of $ 4.7 billion. The transaction included East Resources' tight gas fields. Over the course of 2013, the corporation began the sale of its US shale gas assets and canceled
Rochester Knighthawks - Misplaced Pages Continue
3528-416: The departure of the chairman Philip Watts . A lawsuit resulted in the payment of $ 450 million to non-American shareholders in 2007. As a result of the scandal, the corporate structure was simplified. Two classes of ordinary shares, A (code RDSA) and B (code RDSB), identical but for the tax treatment of dividends, were issued for the company. In November 2004, following a period of turmoil caused by
3612-584: The firm operated as a dual-listed company , whereby the British and Dutch companies maintained their legal existence and separate listings but operated as a single-unit partnership. From 2005 to 2022, the company had its headquarters in The Hague, its registered office in London and had two types of shares (A and B). In January 2022, the firm merged the A and B shares, moved its headquarters to London, and changed its legal name to Shell plc . The Royal Dutch Shell Group
3696-592: The first NLL team to win three consecutive championships (2012–14). On September 13, 2018, owner Curt Styres announced that he would be accepting a new team in Halifax , Nova Scotia and would be relocating the Knighthawks' to the city for the winter 2019–2020 season. The Knighthawks intellectual property was sold to Terry and Kim Pegula (the latter of whom was raised in the Rochester suburbs) along with an expansion franchise to ensure Rochester's uninterrupted presence in
3780-664: The group's worldwide production destroyed. In 1919, Shell took control of the Mexican Eagle Petroleum Company and in 1921 formed Shell-Mex Limited, which marketed products under the "Shell" and "Eagle" brands in the United Kingdom. During the Genoa Conference of 1922 Royal Dutch Shell was in negotiations for a monopoly over Soviet oilfields in Baku and Grosny , although the leak of a draft treaty led to breakdown of
3864-476: The intellectual property of the Rochester Knighthawks of the National Lacrosse League in autumn 2019. Curt Styres orchestrated the sale as he planned on moving his staff and roster to a new Halifax NLL team set to debut in the winter of 2020. In 2012, he won a bid for the development rights to the Webster Block on Buffalo 's waterfront. The $ 170 million hockey -themed LECOM Harborcenter building, which
3948-530: The largest of any company listed on the LSE and the 44th-largest of any company in the world. By 2021 revenues, Shell is the second-largest investor-owned oil company in the world (after ExxonMobil ), the largest company headquartered in the United Kingdom, the second-largest company headquartered in Europe (after Volkswagen ), and the 15th largest company in the world. Until its unification in 2005 as Royal Dutch Shell plc ,
4032-667: The league. The original name was used, but the color scheme and logo changed. The team logo, colors, and other officials were announced on May 29, 2019 in an event at Blue Cross Arena . The new franchise does not count as a continuation of the previous franchise. All championships and records were transferred to Halifax. On June 27, 2019, the Knighthawks named Mike Hasen, who had coached the original Knighthawks since 2011, as head coach, Dan Carey as General Manager, and Pat O'Toole as assistant coach. [1] updated 12/5/2023 NLL Transactions First Round Selections Terry Pegula Terrence Michael Pegula (born March 27, 1951)
4116-510: The legal name) was a British company, founded in 1897 by Marcus Samuel, 1st Viscount Bearsted , and his brother Samuel Samuel . Their father had owned an antique company in Houndsditch , London, which expanded in 1833 to import and sell seashells, after which the company "Shell" took its name. For various reasons, the new firm operated as a dual-listed company , whereby the merging companies maintained their legal existence but operated as
4200-459: The main business tenant of LECOM Harborcenter until he sold it to Southern Tier Brewing Company in 2021. Through a partnership with Southern Tier Brewing Company, Pegula launched a "One Buffalo" branded craft beer that sells at all Pegula-owned properties and elsewhere in the region. The One Buffalo brand has also been extended to a flavor of Perry's Ice Cream (which already licensed Bills and Sabres themed flavors prior to Pegula's purchases of
4284-481: The maintenance and repair costs of the stadium. It was set to be the largest taxpayer contribution ever for a National Football League facility. The agreement was released four days before the New York state budget was due to be passed, making it hard for lawmakers to scrutinize the agreement. Critics of the agreement characterized it as corporate welfare . On December 21, 2017, it was announced that Pegula had acquired
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#17328509985214368-690: The men's game. The Penn State women's team settled in College Hockey America , a league that sponsors only women's hockey. The Pegulas donated $ 12 million to Houghton College in Houghton, New York , of which Kim Pegula is an alumna, to build the Kerr-Pegula Athletic Complex. The facility includes new baseball and softball stadiums and a 115,000 square-foot field house with an eight-lane 200-meter track, five tennis courts, weight room, cardiac fitness center, and locker rooms. The new facility
4452-665: The minimum required for a conference to be an automatic postseason qualifier), it was announced that Minnesota, Wisconsin, Michigan, Michigan State, and Ohio State would join Penn State in the Big Ten hockey conference starting in the 2013–2014 season. As a result, the CCHA ceased operations, with most schools (save for the three that joined the Big Ten and Notre Dame ) joining the WCHA . Miami University and Western Michigan University , also previously in
4536-510: The on-campus Pegula Ice Arena in 2010. As a result, the Penn State Nittany Lions , which had fielded club teams in both men's and women's hockey for years, would be able to transition both teams into NCAA Division I starting in the 2012–13 season. This led to a domino effect across the men's college hockey landscape. Because six Big Ten universities now had Division I men's hockey programs (the minimum number of teams required under Big Ten bylaws for official conference sponsorship, and also
4620-399: The only Division I conference not affected by the major conference realignment. Notre Dame subsequently left Hockey East in 2017 to join the Big Ten for hockey only. Because Penn State's arrival gave the Big Ten only four varsity women's hockey programs, that conference was unable to add the sport, meaning that the women's hockey landscape did not undergo the radical changes that occurred in
4704-413: The period 1988–2015. Shell was formed in April 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell
4788-409: The profits from 2021, and the highest profit in its entire history. In November 2024, Shell won a case in the Hague court of appeal against Friends of the Earth which would have required Shell to cut its carbon emissions by 45%, in line with the Paris climate accords . The key trends of Shell are (as at the financial year ending 31 December): On 4 August 2005, the board of directors announced
4872-426: The proposed plant's site. In January 2017, Shell agreed to sell £2.46bn worth of North Sea assets to oil exploration firm Chrysaor. In 2017, Shell sold its oil sands assets to Canadian Natural Resources in exchange of approximately 8.8% stake in that company. In May 2017, it was reported that Shell plans to sell its shares in Canadian Natural Resources fully exiting the oil sands business. On 5 November 2017,
4956-432: The purchase of the Americans came upgrades to the team's arena, the Blue Cross Arena . On September 9, 2014, it was announced that Pegula had placed the winning binding bid to purchase the National Football League (NFL)'s Buffalo Bills , a team that was placed up for sale after the death of the original owner and team founder, Ralph Wilson . Pegula was a favorite among most local Bills fans and local politicians to buy
5040-402: The purchase of the Bills, Pegula and his wife Kim introduced One Buffalo , a marketing campaign which has since evolved into a brand used across all of their sports teams and associated products. On March 28, 2022, it was announced that a deal had been reached between New York State, Erie County and the Pegulas for a 62,000 seat, $ 1.4 billion new stadium for the Bills in Orchard Park across
5124-403: The related Black River Publishing and Sound Stage Studio all under the Black River label based in Nashville, Tennessee . Also under the Pegula umbrella is Impact Sports Performance , two high performance athletic training facilities which are based in Boca Raton, Florida and LECOM Harborcenter in Buffalo. Pegula owned 716 Food and Sport , a two floor sports themed restaurant which serves as
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#17328509985215208-405: The revelation that Shell had been overstating its oil reserves , it was announced that the Shell Group would move to a single capital structure, creating a new parent company to be named Royal Dutch Shell plc, with its primary listing on the LSE, a secondary listing on Euronext Amsterdam , its headquarters and tax residency in The Hague , Netherlands and its registered office in London. The company
5292-426: The same period the previous year. On 30 September 2020, the company said that it would cut up to 9,000 jobs as a result of the economic effects caused by the pandemic and announced a "broad restructuring". In December 2020, Shell forecast another write-down of $ 3.5-4.5 billion for the fourth quarter due to lower oil prices, following $ 16.8 billion of impairment in the second quarter. In February 2021, Shell announced
5376-538: The single legal entity which exists today. On 15 November 2021, Royal Dutch Shell plc announced plans to change its name to Shell plc. Shell is organised into four major business groupings: Shell's primary business is the management of a vertically integrated oil company. The development of technical and commercial expertise in all stages of this vertical integration, from the initial search for oil (exploration) through its harvesting (production), transportation, refining and finally trading and marketing established
5460-426: The spill, but an Argentine court ruled in 2002 that the corporation was responsible. In 2002, Shell acquired Pennzoil-Quaker State through its American division for $ 22 USD per share, or about $ 1.8 billion USD. Through its acquisition of Pennzoil, Shell became a descendant of Standard Oil . With its acquisition, Shell inherited multiple auto part brands including Jiffy Lube , Rain-X , and Fix-a-Flat . The company
5544-464: The state owned CAMMESA (Compañía Administradora del Mercado Mayorista Eléctrico). On 30 April 2020, Shell announced that it would cut its dividend for the first time since the Second World War , due to the oil price collapse following the reduction in oil demand during the COVID-19 pandemic . Shell stated that their net income adjusted for the cost of supply dropped to US$ 2.9 billion in three months to 31 March. This compared with US$ 5.3 billion in
5628-445: The street from the current stadium. New York State will contribute $ 600 million in funding with Erie County contributing $ 250 million, the Pegulas contributing $ 350 million and the National football league via a G-4 loan $ 200 million. In addition the Pegulas signed the Bills to a 30-year iron clad lease. The stadium would be owned by New York State, a change from the current stadium which is owned by Erie County. New York committed to pay
5712-401: The talks. In 1929, Shell Chemicals was founded. By the end of the 1920s, Shell was the world's leading oil company, producing 11 percent of the world's crude oil supply and owning 10 percent of its tanker tonnage. During the Spanish Civil War the company sold oil to the Nationalist side of Francisco Franco . Located in the north bank of the River Thames in London, Shell Mex House
5796-438: The team due to his commitment to the Western New York area and local connections. He competed against future U.S. President Donald Trump and musician Jon Bon Jovi , the latter of whom was backed by principals of the Toronto -based Maple Leaf Sports and Entertainment , for purchase of the team. It was reported that the Pegulas made a $ 1.4 billion bid, all in cash. On September 17, 2014, the Pegulas were unanimously approved by
5880-406: The teams) and premium cupcakes, both formulated by Pegula's wife, a pronounced fan of desserts. In July 2022, Pegula established Bison Wealth, a back-office consulting service based in Atlanta, Georgia . According to Bloomberg, Pegula had a net worth over $ 7 billion as of July 2021. An alumnus of Pennsylvania State University (Penn State), Pegula donated $ 102 million for the construction of
5964-476: The time remained illegal (as of 2017, New York State had only legalized it in New York City ) and announced intent to partner with Uber to provide transportation to Pegula's sporting events. Royal Dutch Shell Shell plc is a British multinational oil and gas company headquartered in London , England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and
6048-426: The trades of Ryan O'Reilly and Jack Eichel . Included in the Sabres purchase was their National Lacrosse League (NLL) counterpart, the Buffalo Bandits , which have won six NLL championships. The Bandits won the NLL championship in 2023 , giving Pegula his first championship under his ownership of the team. The Bandits would repeat as NLL champions in 2024 . In May 2011, Pegula began negotiations on behalf of
6132-780: The value of World War II military production contracts. The 1930s saw Shell's Mexican assets seized by the local government. After the invasion of the Netherlands by Nazi Germany in 1940, the head office of the Dutch companies was moved to Curaçao . In 1945, Shell's Danish headquarters in Copenhagen , at the time being used by the Gestapo , was bombed by Royal Air Force De Havilland Mosquitoes in Operation Carthage . In 1937, Iraq Petroleum Company (IPC), 23.75 percent owned by Royal Dutch Shell plc, signed an oil concession agreement with
6216-504: Was Peter Voser who became CEO of Shell on 1 July 2009. Following a career at the corporation, in locations such as Australia and Africa, Ann Pickard was appointed as the executive vice president of the Arctic at Royal Dutch Shell, a role that was publicized in an interview with McKinsey & Company in June 2014. In January 2023, Wael Sawan succeeded Ben van Beurden as CEO. The name Shell
6300-521: Was adopted in 1974 by Ralph and Marilyn Kerr. He has five children, two from a previous marriage to Anne Shirley (Michael and Laura), and three with Kim (Jessica, Kelly, and Matthew). Jessica Pegula is a top 10 tennis player on the Women's Tennis Association 's Pro Circuit . Pegula owns a large yacht, christened Top Five . In 2024, Laura Pegula, a longtime employee in Pegula's petroleum businesses, assumed
6384-547: Was already incorporated in 2002 as Forthdeal Limited , a shelf corporation incorporated by Swift Incorporations Limited and Instant Companies Limited, both based in Bristol. The unification was completed on 20 July 2005 and the original owners delisted their companies from the respective exchanges. On 20 July 2005, the Shell Transport & Trading Company plc was delisted from the LSE, whereas, Royal Dutch Petroleum Company from
6468-467: Was awarded to a consortium led by ExxonMobil (60%) and included Shell (15%). In February 2010, Shell and Cosan formed a 50:50 joint-venture, Raízen , comprising all of Cosan's Brazilian ethanol, energy generation, fuel distribution and sugar activities, and all of Shell's Brazilian retail fuel and aviation distribution businesses. In March 2010, Shell announced the sale of some of its assets, including its liquefied petroleum gas (LPG) business, to meet
6552-515: Was based in Allegany, New York . After working for a time for Getty Oil and Felmont Oil Co., Pegula founded East Resources a natural gas drilling company, with $ 7,500 from family and friends in 1983. It profited heavily upon discovery of deep layers of natural gas in the Marcellus Formation and application of the hydraulic fracturing ("fracking") recovery process. Pegula eventually sold
6636-482: Was completed in 1931, and was the head office for Shell's marketing activity worldwide. In 1932, partly in response to the difficult economic conditions of the Great Depression , Shell-Mex merged its UK marketing operations with those of BP (British Petroleum) to create Shell-Mex & BP , a company that traded until the brands separated in 1975. Royal Dutch Company ranked 79th among United States corporations in
6720-871: Was created in April 1907 through the amalgamation of two rival companies: the Royal Dutch Petroleum Company ( Dutch : Koninklijke Nederlandse Petroleum Maatschappij ) of the Netherlands and the Shell Transport and Trading Company Limited of the United Kingdom . It was a move largely driven by the need to compete globally with Standard Oil . The Royal Dutch Petroleum Company was a Dutch company founded in 1890 to develop an oilfield in Pangkalan Brandan , North Sumatra , and initially led by August Kessler , Hugo Loudon, and Henri Deterding . The "Shell" Transport and Trading Company (the quotation marks were part of
6804-483: Was notably late in its acquisition as seen by journalists, with Shell seen as streamlining its assets around the same time of other major mergers and acquisitions in the industry, such as BP 's purchase of Amoco and the merger of Exxon and Mobil . In 2004, Shell overstated its oil reserves, resulting in loss of confidence in the group, a £17 million fine by the Financial Services Authority and
6888-482: Was one of the " Seven Sisters " which dominated the global petroleum industry from the mid-1940s to the mid-1970s. In 1964, Shell was a partner in the world's first commercial sea transportation of liquefied natural gas (LNG). In 1970, Shell acquired the mining company Billiton , which it subsequently sold in 1994 and now forms part of BHP . In recent decades gas has become an increasingly important part of Shell's business and Shell acquired BG Group in 2016. Shell
6972-745: Was registered in the Companies House on 21 January 2022. In December 2021, Shell pulled out of the Cambo oil field , off the Shetland Islands, claiming that "the economic case for investment in this project is not strong enough at this time, as well as having the potential for delays". The proposed oilfield had been the subject of intense campaigning by environmentalists in the run-up to the COP26 UN climate summit in Glasgow in November 2021. On 4 March 2022, during
7056-490: Was subsequently criticised by the European Commission and five European Union members after deciding to leave part of its decommissioned oil rigs standing in the North Sea. Shell argued that removing them would be too costly and risky. Germany said that the estimated 11,000 tonnes of raw oil and toxins remaining in the rigs would eventually seep into the sea, and called it a 'ticking timebomb'. On 15 January 1999, off
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