Asiatic Petroleum Company was a joint venture between the Shell and Royal Dutch oil companies founded in 1903. It operated in Asia in the early twentieth century. 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. In 1951, China requisitioned all property belonging to the company in retaliation for the Hong Kong Government's requisitioning of the tanker Yung Hao.