Headquartered in The Hague, Nederlands, Royal Dutch Shell explores natural gas, crude oil and natural gas liquids.
They also transport gas and runs huge upstream and downstream infrastructure necessary to deliver oil and gas to the market. The company is also involved in refining of crude oil products and manufacturing of chemicals, and it operates in Europe, Asia, Africa, Oceania, and the Americas.
It is listed on London Stock Exchange and Euronet Amsterdam. The company was created by the merger between Shell Transport & Trading, which was based in the United Kingdom, and Royal Dutch Petroleum. It has stake in oil production operations in several countries with majority stake in 24 refineries worldwide with an installed capacity of 3.1 million barrels a day. As one of the largest oil companies in the world, it has significant bargaining power in the oil and gas industry.
Under the Shell V-Power brand, the company sells its fuel in more than 60 countries. The company has a strong retail position in both developed and developing countries. The company has strong exploration technological capabilities that strengthen its upstream operations. The Shell Oil Company, its subsidiary in United States of America, headquartered in Houston is one of its largest businesses. The company has been consistently ranked in top ten in World’s largest companies Forbes 2000 list.
As a result of its worldwide activities, Shell has been in the center of controversies concerning environmental issues, business practices and ethical issues. They create social development programmes in countries they operates and invests in small and medium business concerned with biodiversity, climate change and sustainable technologies. The company also has a division focusing on renewable energy sector developing wind, solar and hydrogen power opportunities. Lately, the company’s profitability has been pressurized by the challenging industry environment characterized by weak oil demand and over capacity.