The largest corporations in the world. Royal Dutch Shell, or the story of oil and shells Royal dutch shell is mining

  • 08.06.2020


The history of this brand begins almost two centuries ago - in 1833 - with the name of the English merchant Marcus Samuel. That year in London, he decided to expand his antiques business by selling a new decorative item, seashells. After all, the word "shell" is translated from English as "shell".

From seafood to oil

The Shell store turned out to be a profitable business, so the merchant soon arranged the delivery of sea shells from Far East, for which the ships of the coastal fleet were used. It was these ships that carried a variety of cargoes from the British colonies to London, including oil products. Samuel saw the great future of the oil business in time, and in 1870, after his death, the business passed to his sons. In 1878, they open their own company, the scope of which is rapidly expanding.

In 1890, the company began exporting Baku oil using tankers. Then Baku was part of the Russian Empire, and the first oil tanker was built there. This ship was seen by the owner of the company, and already in 1892 in England at the shipyard he was able to build an oil tanker for 5000 tons.

The design of this tanker had some features: Marcus Samuel Jr. developed a special system to protect oil from spontaneous combustion during the transportation of the product. Until the beginning of the 20th century, Shell supplied consumers with a highly demanded product at that time - Russian kerosene from the Far East.

Creation of a world-class corporation

At the beginning of the 20th century, a separate company, Shell Transport and Trading Company Ltd., was founded, although it was still far from being a world-class oil corporation. It should be emphasized that in those days the Standard Oil Company, which belonged to Rockefeller and systematically crushed the market for oil and other types of fuel, was especially powerful. The Samuel brothers were constantly at risk of being forced out of the industry after any bad business decision.

In order to defend its right in the world market, Shell had to team up with the Dutch company Royal Dutch of the same profile. This expanded the oil and petroleum product trading network in 1902. In the new company, only 40% of the shares belonged to Shell Transport, and this situation in the united concern is still preserved.

Already 10 years later, Royal Dutch Shell enters the US domestic market. The stake was placed on the production of fuel oil and gasoline, which turned out to be successful due to the dynamic development of the automotive business. During the First World War, the company's growth slowed down, but after it ended, it resumed at an active pace. By the end of the 1930s, Shell had a 10 percent share of world oil production.

During the Second World War, business development stopped, the company did everything to survive this difficult period and stay afloat. After the war, Shell took an active part in the restoration of destroyed enterprises and began to intensively gain processing capacity. Shell's oil products production has increased worldwide.

Since the second half of the 20th century, the demand for oil in the world has been constantly growing, the cost has been consistently high, and Shell only grew rich in such conditions. The first time the demand for oil fell was due to the events in Iran in the late 1970s. But it has grown world consumption gas, so Shell began to develop this direction. The company's management was sensitive to changes in the market and deftly adjusted to them.

Brand insignia

For more than a hundred years, the Shell logo has been a red and yellow scallop shell. It, as marketers of the company assure, symbolizes the quality of products and services, professionalism and corporate values concern.

The color of the logo was not chosen by chance. In 1915, when the company first built service stations, it was necessary to stand out from the competition, and then it was decided to use bright colors.

Today, Royal Dutch Shell produces oil in 80 countries around the world, it owns a large number of wells and three dozen oil refineries around the world. This company employs 90,000 people, and net profit amounts to tens of billions of dollars a year.

("Royal Dutch - Shell Group") - Dutch-English oil monopoly. Formed in 1907 as a result of the unification of the Netherlands. the company "Royal Dutch Petroleum" (founded in 1890) and English. Shell Transport and Trading Company (founded in 1897). "P. d. - W. g." one of the largest transnational oil Corporations (THK), part of the International Oil Cartel. 42% of the shares of "P. d. - Sh. G." belongs to English. capital, 20% American, 17% Dutch, 12% Swiss, 5% French, 2% West German, and 1% each Luxembourgish and Belgian (1984). The monopoly is engaged in the exploration, production and processing of oil, the production of petrochemicals. and chem. products, transportation and sale of oil and oil products, coal mining, ores, conducting n.-and. works, trade, insurance and banking operations. Oil and gas are produced in 49 countries (1984). The proven reserves of oil and gas condensate belonging to R. D.-Sh. G. are estimated at 970 million tons. Natural gas reserves are estimated at 623.3 billion m 3 . Coal mining is carried out in the USA, Canada, Australia, South Africa. Coal reserves are estimated at 3767 million tons. Non-ferrous metal ores are mined (bauxite in Suriname, Brazil, Australia; nickel in Colombia; molybdenum and tungsten in Canada; tin in Indonesia, Thailand). See table.

"P. d. - W. g." has its own tanker fleet, consisting of 78 vessels with a total deadweight of 8.7 million tons. In the total sales of the monopoly, 89.1% accounted for oil, gas and oil products, 8.5% - chemical. goods, 1.3% metals, 0.8% coal (1984). Monopoly has 14 properties. n.-i. centers in 7 countries, in which approx. 7 thousand people
Expenses for n.-i. work in 1984 amounted to 392 million pounds. Art.
B 1985 at the enterprises "P. d. - Sh. G." the number of employees amounted to 142 thousand people.
In Lit-pe, the abbreviated name is often found. monopoly - "Shell" ("Shell"). O. H. Volkov.

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Chapter 1 "AFRICA SHELL"

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Wal-Mart Stores, Inc.(Walmart) (NYSE: WMT) is an American public corporation, the world's largest retail chain. The company operates on the principle of chains of large department stores with discounts. In 2010, it became the largest public corporation in the world by revenue, according to Forbes Global 2000. The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and has been publicly traded on the New York Stock Exchange since 1972. Wal-Mart is the world's largest private employer and the largest grocery retail chain in the United States. In 2009, the company sold 51% of the $258 billion US food market. It also owns and operates the Sam Club of North American retail warehouses. Walmart operates in Mexico in the United Kingdom as Asda ("Asda Wal-Mart" in some industries), in Japan as seiyu, and in India at Best Price. In Argentina, Brazil, Canada and Puerto Rico. Wal-Mart investments outside of North America. The corporation operates in the UK, South America and China, while it was forced to withdraw from Germany and South Korea when the ventures were unsuccessful. Wal-Mart is the world's largest retail chain, which includes (as of mid-February 2007) 6,782 stores in 14 countries. Among them are both hypermarkets and supermarkets selling food and industrial goods. Wal-Mart's strategy includes such components as the maximum assortment and minimum, tending to wholesale, prices. Wal-Mart's main competitors in the US retail market are the Home Depot, Kroger, Sears Holdings Corporation, Costco, and Target chains.

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Shell has decided to withdraw from Baltic LNG. The company was not satisfied with the final version of the project with the participation of partner Arkady Rotenberg ... . It will be implemented with the company partner Arkady Rotenberg. Why Shell left the project Royal Dutch Shell announced that she decided to withdraw from the Baltic LNG project ... launches were constantly postponed. Baltic LNG to use localized technology Shell DMR (double mixed refrigerant - double mixing refrigerant), spoke to RBC at the end of February 2019, a representative Shell. Now Gazprom will have to look for another technology. "Providing Technology Shell usually associated with obtaining a share in ...

Business, 01 Mar, 14:37

Shell announced the impending criminal prosecution in The Hague ... $ 1 billion. The Dutch prosecutor's office plans to complete investigations into the case Royal Dutch Shell and is preparing for a trial on criminal charges related to... filed statement of claim to the London Commercial Court against Eni and Royal Dutch Shell. The authorities of the African Republic indicated that the companies had transferred to an escrow...

Business, 27 Sep 2018, 00:57

The media learned about Shell's plans to buy 50% in the Gazprom Neft project in the YaNAO Anglo-Dutch Company Royal Dutch Shell is negotiating the purchase of a stake in the Gazprom Neft field, which ... is said to be the Tazovsky field. Reuters sources claim that Shell interested in buying a share of about 50%. Interfax interlocutors note... Royal Dutch Shell Shell Shell The new head of Shell in Russia spoke about the desire to learn Russian The new head of the Anglo-Dutch Royal Dutch Shell Cederik Kremers plans to learn Russian in Russia. About this ... exploration, production, processing and marketing, it is noted on the company's website. AT Shell he came after graduating from the Erasmus University Rotterdam in the Netherlands and became head of the budgeting, financial planning and reporting department of a joint venture Shell Petroleum Development Company in Nigeria. In 2007 he moved... ... companies Royal Dutch Shell Shell Royal Dutch Shell Pakistan demands $2 million compensation from Shell over tanker explosion ... companies Royal Dutch Shell for the casualties and destruction resulting from the explosion of the tank truck. It is reported by Reuters. Pakistani oil and gas regulator demanded compensation from Shell Pakistan Ltd (local division Royal Dutch Shell) in the amount of 210 million Pakistani rupees ($1,993 ... Royal Dutch Shell Shell Gazprom and Shell sign two agreements on Baltic LNG Alexey Miller, Chairman of the Board of Gazprom, and Chief Executive Director Royal Dutch Shell Ben van Beurden signed during the St. Petersburg International Economic Forum (... LNG in the Leningrad Region. Based on these principles, Gazprom and Shell, according to the press service, they will continue further work on the implementation of the project ... Results of 2016 from RBC-Tatarstan: 16 investment breakthroughs - 1 ... 2016, the Dutch-British oil and gas company also announced " Shell". Transnational energy company Shell began expansion to the east of Russia from the capital of Tatarstan. The first... which will sell fuel designed specifically for Ferrari cars. " Shell invests in Tatarstan, because it is a promising and economically developing ... Shell Shell Shell Shell's profit fell by 80% in six months Oil and gas company profit Shell relating to its shareholders in the first half of 2016... the company's report. In the second quarter of 2016 attributable to shareholders Shell profit decreased year on year by 71% - from $3.986 billion to $1.175 billion. Shell from own operating activities in January-June 2016 amounted to... Shell Royal Dutch Shell Shell Shell Oil companies will try to save money through the "economy of mutual aid" ... low prices for oil, writes Bloomberg. British last year Shell, EnQuest, Centrica, American Marathon Oil and Apache, as well as Canadian ... improve the efficiency of their operations, Paul Goodfellow, vice president of Royal Dutch Shell for the UK and Ireland. Members of the Wells Forum share their opinions on ways to cut costs. The work of the group is supervised Shell. They were the first to announce their plans. Shell, BP and French Engie. They were later joined... Royal Dutch Shell Shell Gazprom and Shell to sign an agreement on Baltic LNG at SPIEF ... the International Economic Forum (SPIEF) is expected to sign an agreement between Gazprom and Royal Dutch Shell at the Baltic LNG plant in the port of Ust-Luga, which should ... said the assistant to the Russian president, Yuri Ushakov. Memorandum of cooperation with Shell on the "Baltic LNG" is in the plan, the official representative confirmed to RBC ... Royal Dutch Shell Shell Royal Dutch Shell Shell's net profit in the first quarter fell by almost ten times According to the results of the first quarter of 2016, net profit Royal Dutch Shell decreased by 89% compared to the same period last year. ... American depositary receipts. Published on Wednesday, the report was the first for Shell after the acquisition in February of the British company BG Group for $54 ... 2016 will amount to, according to preliminary estimates, $40 million. Anglo-Dutch Royal Dutch Shell after the takeover of BG Group became the second largest oil company... Royal Dutch Shell Shell Shell Experts predicted the worst quarterly results for oilmen in many years ... the company's platform that cost it $17 billion in quarterly losses. Company Royal Dutch Shell, which will report in early May, is likely to demonstrate the most ... compared to 2014, it is planned to reduce by $ 7 billion). Expenses Shell in 2015 decreased by $4 billion, and in 2016 ... 2015 average price A barrel of Brent was $53.6. Expenses Shell per barrel of oil in 2015, according to a March study... Prices against wages: how the income of the heads of the largest oil companies has changed RBC looked at which of the top managers of global oil and gas companies began to earn less after the fall in oil prices, and who - more .. Georgy Makarenko, Markhulia Ekaterina Shell Royal Dutch Shell Shell

Economics, 28 Mar 2016, 13:23

Large Western energy companies have depleted their reserves by a quarter The largest Western energy companies, including Shell, BP and Exxon are depleting their oil reserves in 2015... in 10 years. This follows from an analysis of data from ExxonMobil companies, Royal Dutch Shell, BP, Chevron, Statoil, Eni and Total, conducted by The Wall Street ... BP's reserves amounted to 61%, the Norwegian Statoil - 55%. reserves Shell decreased by 20%, but in 2015 the company completed the deal...

Business, 15 Feb 2016, 18:17

... companies, and Royal Dutch Shell Royal Dutch Shell Royal Dutch Shell Royal Dutch Shell can get...

Business, 15 Feb 2016, 18:17

Royal Dutch Shell became the second largest oil company in the world ... companies, and Royal Dutch Shell received full access to the reserves of liquefied natural gas, in the extraction of which the British company specialized. Thanks to the merger Royal Dutch Shell becomes the second... BG Group for Royal Dutch Shell Bloomberg names fields in Brazil where the company intends to double production in 2020. In particular, Royal Dutch Shell can get... The world's largest gas carrier left the dock Energy company Royal Dutch Shell announced the completion of the construction of the world's largest floating facility, which ... off the coast of Western Australia. The operation of the floating LNG production complex will allow Shell produce natural gas offshore, obtain liquefied natural gas... Shale oil production cost Shell $2.1 billion in losses. ... 2013 total revenue Shell decreased by 4.6% to $114.348 billion. Royal Dutch Shell, according to analysts, should amount to 441.25 billion dollars. Royal Dutch Shell- Europe's largest oil company. In Russia Shell Shell Caspian Ventures Ltd ... BP, Statoil and Royal Dutch Shell offices raided ... European oil companies - Norwegian Statoil, British BP and Dutch-British Royal Dutch Shell- searches were carried out as part of an antitrust investigation initiated by the European Commission, reports ... carried out in an office in Stavanger in the south of the country. BP and Royal Dutch Shell confirmed the searches at their offices in London and Amsterdam. Also... The profit of the largest oil company in Europe fell by 14% in a year ... in Europe," CFO told the Times Royal Dutch Shell Simon Henry. According to a top manager, Royal Dutch Shell will leave on their accounts in European banks... withdrawn from financial institutions eurozone. Royal Dutch/Shell- Europe's largest oil company. Royal Dutch Shell together with Rosneft represented by Rosneft- Shell Caspian Ventures Ltd. owns... Royal Dutch Shell withdraws capital from the eurozone ... Royal Dutch Shell no longer trusts European banks. "We are not prepared to take on credit risk in Europe," CFO told the Times. Royal Dutch Shell Simon Henry. . According to the top manager, Royal Dutch Shell will leave on their accounts in European banks ... Europe's largest oil company's quarterly profit falls 53% ... Nigeria recommended that the country's parliament impose Royal Dutch Shell$5 billion fine. According to Shell, the oil spill at the field occurred during ... a significant fine. Royal Dutch Shell- Europe's largest oil company by market value. Company Royal Dutch Shell together with Rosneft represented by Rosneft- Shell Caspian Ventures Ltd ... ... -Dutch oil and gas giant Royal Dutch Shell and is eyeing the purchase of a stake in the Italian ENI, reports Reuters. This information was confirmed by representatives Shell, without specifying the exact ... shareholder Shell especially given the strategic partnership between the company and the government of Qatar," commented the situation in Royal Dutch Shell.Meanwhile, a 5 percent stake in the capital Shell makes...

Economy, 02 Feb 2012, 12:30

Profit of Europe's largest oil company rises to $31 billion ... Executive Director Royal Dutch Shell Peter Woser. He also expressed satisfaction with the results of the year. Royal Dutch Shell- Europe's largest oil company by market value.Company Royal Economics, 29 Jul 2010, 12:47 Royal Dutch Shell profit up 15% in Q2 Net income of the British-Dutch Royal Dutch Shell rose 15% in the second quarter of 2010, the company said today. ... dividend income of $2.4 billion. Royal Dutch/Shell is one of the largest oil companies in the world. The concern operates ... thousand gas stations around the world. In Russia Royal Dutch/Shell together with Rosneft represented by Rosneft- Shell

Economy, 04 Feb 2010, 09:43

Net profit of Royal Dutch Shell decreased in 2009. by 52% Net profit of the British-Dutch oil company Royal Dutch Shell reduced by the results of the past year by 52% - to 12.72 ... dollars in 2008. According to the results of the last quarter of 2009, net profit Royal Dutch Shell amounted to 2.01 billion dollars, while for the same period ... in the amount of 470 million dollars a year earlier. The company Royal Dutch/Shell together with Rosneft represented by Rosneft- Shell Caspian Ventures Ltd. owns 7.5% in...

Society, 01 Feb 2010, 01:44

Militants attack Royal Dutch Shell oil pipeline in Nigeria In Nigeria, militants damaged one of the oil pipelines of the Anglo-Dutch company Royal Dutch Shell. There are no reports of injured employees of the corporation. According to company representatives... the oil spill has now been stopped. Due to sabotage, the company Royal Royal Dutch Shell plans to sell assets in Nigeria for $5 billion Dutch Royal Dutch Shell, the largest oil company in Europe, plans to sell fields in Nigeria... to foreign oil companies in the country. 16% of all oil produced Royal Dutch Shell in 2008, fell on Nigeria. It is the largest and oldest foreign...

Royal Dutch Shell PLC(better known as Shell) is a British-Dutch vertically integrated oil and gas company, formed from the merger of the Dutch Royal Dutch Petroleum and British Shell Transport & Trading. The headquarters of the organization is located in the Netherlands, while the company is registered as a corporation in the UK.

Royal Dutch Shell's activities include the exploration, production, processing and marketing of oil, gas and petroleum products. The company operates in more than 90 countries and has more than 44,000 filling stations worldwide. On April 13, 2015, Shell's market capitalization was estimated at £129.8 billion. The company's shares are included in the calculation of the FTSE 100 index.

Royal Dutch Shell
©site
Foundation date 1907
Headquarters location The Hague, Netherlands
Chairman of Lighting Directors
Charles Holiday
CEO
Ben van Beurden
Head in Russia William Kozik
turnover
$264.96 billion(2015)
Net profit
$1.939 billion(2015)
Number of employees
94,000 people

history of the company

Royal Dutch Shell was created in February 1907 year through the merger of two competing companies - the Dutch Royal Dutch Petroleum Company and the British "Shell" Transport and Trading Company Ltd. This step was largely due to the need to create serious competition. Standard Oil. For a number of reasons, the companies operated as an association, but at the same time had separate legal entities. Under the terms of the merger, 60% of the property was transferred to the Dutch company, 40% - to the British.

Royal Dutch Petroleum Company- a company founded in 1890 year in The Hague to develop a deposit in Sumatra, in the Dutch East Indies. Oil deposits in this area were discovered as early as 1885, but funds were needed to start work. Herself n The oil in Sumatra was quite light, and, accordingly, well suited for the production of gasoline, which made mining in this region very promising.

The company got its name Royal Dutch from the fact that the concessionaires secured the support of King William III.

Shell Transport and Trading Company Ltd. was founded by two brothers - Markus Samuel (1st Viscount Bearsted) and Samuel Samuel in 1897 year for the transportation of kerosene from Batumi to the Middle East through the Suez Canal

Their father owned an antique office in Houndsditch (London area). In 1833, he decided to expand his business by importing and selling sea shells. In honor of these shells, the brothers decided to name new company("Shell" in English means "sea shell").

During the First World War, Shell was the main supplier of fuel to the British armed forces, as well as sole supplier aviation fuel. In addition, the company supplied 80% of TNT.

In 1919, Shell took control of the Mexican Eagle Petroleum Company and in 1921 formed Shell-Mex Limited, which began marketing products under trademarks Shell and Eagle. Shell Chemicals was formed in 1929. As a result, Shell became the largest oil company in the late 1920s, accounting for 11% of the world's crude oil supply.

In 1931, the Shell Mex House was built, which became the head office of the company. In 1932, partly due to difficult economic conditions, Shell Mex decided to join forces in the UK retail market with British Petroleum and form Shell Mex and BP, a company that lasted until 1975.

AT 1930 Shell's Mexican assets were forcibly transferred to the local government.

After the German invasion of the Netherlands in 1940 year, the company's head office was moved to Curacao.

AT 1952 Shell became the first company in the Netherlands to use a computer. The device, dubbed the Ferranti Mark 1, was assembled and installed at the Shell lab in Amsterdam.

In 1970, Shell acquired the mining company Billiton, which was subsequently sold in 1994 and is now part of BHP Billiton.

AT November 2004, after a period of instability caused by the discovery that Shell was inflating the figures for its real oil reserves, it was announced a capital restructuring of the Shell Group and the creation of a new parent company Royal Dutch Shell PLC, with headquarters and tax residence in The Hague (Netherlands), and registered in London. The merger has been completed July 20, 2005. On the same day, Shell Transport & Trading Company PLC was delisted from the London Stock Exchange (LSE), and on November 18, 2005, the Royal Dutch Petroleum Company left the New York NYSE.

In 2009, a tender was awarded by the Iraqi Oil Services to develop the Majnoon field in southern Iran, which contains about 12.6 billion barrels of oil. The result was a consortium led by Shell (45%) and Petronas (30%). The rights to develop West Qurna 1 went to ExxonMobil(60%) and Shell (15%).

In February 2010, Shell entered into a 50/50 joint venture with Brazil's Cosan called Raizen, comprising all of Cosan's core assets and Shell's Brazilian motor and aviation fuel distribution business.

In March 2010, the company announced the sale of part of its assets, including the production of liquefied associated gas, to cover the planned costs of $28 billion. In June of the same year, Royal Dutch Shell acquired the entire business of East Resources, including gas fields, for $4.7 billion.

AT 2013 Shell began selling its US shale gas assets. The corporation also canceled a $20 billion Louisiana shale gas project. The overall productivity of the company in 2013 fell by 38% compared to the previous year. As a result, the value of the company's shares fell by 3%. In February 2014, Shell also sold most of its Australian assets.

On April 8, 2015, Royal Dutch Shell announced its agreement to buy BG Group for $70 billion, however, the issue has not been closed yet.

Shell in Russia

ProjectProject description ©siteMembersShares
Salym Petroleum Development N.V. Exploration and development of the West Salym, Upper Salym and Vadelyp deposits in the Khanty-Mansi Autonomous Okrug GAZPROM NEFT 50%
Shell Salym Development B.V. 50%
Sakhalin II Development of two fields: the Piltun-Askhotskoye and Lunskoye fields on Sakhalin Island under the Production Sharing Agreement. Operator – Sakhalin Energy Investment Company GAZPROM 50% + 1 share
Shell 27.5% - 1 share
Mitsui 12,5%
Mitsubishi 10%

Shell in the world

  • Africa

Shell began oil production in Africa in the 1950s. In 1958, production was launched in Nigeria. The company also produces oil in Algeria, Cameroon, Egypt, Gabon (at the giant Rabi-Kounga field), Ghana, Libya, Morocco, Nigeria, South Africa and Tunisia. In August 2014, the company disclosed information about the sale of its stake in four fields in Nigeria.

  • Asia


Malaysia

Shell began developing its first oil well in Malaysia in 1910 at Miri, Sarawak. Today, on the site of this oil mine, there is a monument called the Grand Oil Lady. In 1914, Shell built the first refinery in Malaysia and laid a pipeline at Miri.

In 2012, there were 900 Shell filling stations in the country, and processing capacity was about 100,000 barrels per day.


Philippines

In the Philippines, Royal Dutch Shell operates on behalf of its subsidiary, Pilipinas Shell Petroleum Corporation, which has a stake in the Pandacan oil storage facility and other key assets.


Singapore

Singapore is the hub of Shell's Asia-Pacific operations. Shell Eastern Petroleum limited (SEPL) has refinery facilities at Pulau Bukom and Shell Chemicals Seraya operates on Jurong Island.

  • Europe


Ireland

Shell began selling oil to Ireland in 1902. Exploration and production is handled by Shell E&P Ireland (SEPIL) (formerly Enterprise Energy Ireland) headquartered in Dublin, which was acquired in 2020. The company's main project is the Corrib gas field on the northwest coast. However, during the implementation of the project, Shell encountered a number of difficulties regarding the construction of onshore pipelines and obtaining licenses.

In 2005, Shell transferred the entire fuel business in Ireland to the Topaz Energy Group.


Great Britain

In the UK-owned North Sea, Shell has interests in more than fifty oil and gas fields, 30 offshore production platforms, 30 subsea stations, two floating oil production and storage platforms, an offshore terminal and three onshore gas processing plants. The company's enterprises provide 12% of oil and gas supplies in the UK.

  • North America

In America, the business of Royal Dutch Shell Corporation is represented by the until recently practically independent Shell Oil Company, whose shares were traded on the New York Stock Exchange (NYSE). The change came in the 1990s when Shell bought back Shell Oil Company shares it did not own.

Royal Dutch Shell carried out a similar maneuver with respect to Shell Canada, also buying shares and applying a global business model.

  • Australia

In May 2010, Royal Dutch Shell accepted final decision about financing the project of the first floating platform, engaged in the production of liquefied natural gas, after the discovery of the Prelude offshore field in the northwestern coast of Australia and containing, according to various estimates, about 850 billion m 3 of natural gas.

In February 2014, Shell sold its Australian refineries and filling stations to Vitol for $2.6 billion. However, Shell is expected to continue to invest in projects in Australia with Chevron Corporation and Woodside Petroleum.