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 Yung Hao.^[4]