SHELL - COMPANY OUTLINE

Instructions

Industry Analysis of Royal Dutch SHELL (The gas company) Provide an outline describing the industry they are active in. Additionally, try to find out which companies are the main competitors. Afterwards, please shortly describe the company (where is it located, in which business segments is the company active. Which regulatory framework do they follow, which audit company do they use?Here is an example for you to build on: 1.    Shell is an international energy company with expertise in the exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of chemicals. The company was formed in 1907 although its history can be traced back almost a century earlier. Shell's purpose is to power progress together with more and cleaner energy solutions. We believe that rising standards of living for a growing global population are likely to continue to drive demand for energy, including oil and gas, for years to come. At the same time, technology changes and the need to tackle climate change means there is a transition underway to a lower-carbon, multisource energy system. Royal Dutch shell operates in more than 70 countries and has an average of 82,000 employees. The company is headquartered in the Netherlands and is incorporated in the UK.  The revenue in 2018 was 388 billion, income was 23 billion and capital investment, was 24 billion. Todays competitors of Royal Dutch Shell include Chevron, British Petroleum (BP), and Exxon Mobil.

Answer

SHELL COMPANYListed as one of the biggest companies worldwide, Royal Dutch Shell, often referred to as Shell, is an energy company internationally recognized at its proficiency in exploring, producing and refining oil and natural gas. Its expertise also lies in marketing of oil and natural gas, and manufacturing and marketing chemicals. The company was created in 1907 (Setiawan, 2018). Its headquarters is based in Hague, the Netherlands. The company strategizes in strengthening its position as the leading energy company through the provision of oil, gas, and low-carbon energy following the changing world systems. The rising demand for energy such as oil and gas from year to year creates a belief that the need for this energy will keep rising.However, technology is evolving at a fast rate....
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