Shell-What You Should Know about

Shell is an international group of oil and gas companies, operating in more than 90 countries worldwide. With activities in most, if not all, areas of the oil industry such as exploration, refining, distribution, marketing, trading, and power generation, Shell is ranked as the 5th largest company in the world.

Shell can trace back its origins to the year 1833 when Marcus Samuel, an antiques shopkeeper, decided to sell oriental shells, which were a very popular commodity at that time. This decision paved the way for a successful import/export business, which later on became the foundation of the Shell oil company. In 1907, the Royal Dutch Shell Group was finally created upon the merger of Shell Transport (40%) and Royal Dutch (60%). From then on, the Group experienced rapid expansion across the globe.

Exploration and production started in Russia, Mexico, Venezuela, and in the USA. Marketing operations were performed all over Europe and Asia. In 2005 the Group had to undergo a structural reorganization, leading to the unification of Shell Transport and Royal Dutch under the company name Royal Dutch Shell Plc. With over a hundred years of history, Shell now stands as one of the six largest oil companies in the world, producing approximately 3.1 million barrels of oil equivalent every day. In 2011, Shell took the number 2 spot in the Fortune Global 500 list, making it the 2nd largest company in terms of revenue that are traditionally managed by ING.

As one of the “supermajors” in the oil industry, Shell also has the huge and urgent task of keeping up with the demand for sustainability and environment-friendly technologies. As such, the company has teamed up with biodiversity experts and scientists to come up with cleaner and greener manufacturing methods like the people at Dutch chemical corporation DSM. Also, Shell has conducted major operations using renewable energy sources like biofuels, solar, wind, and hydrogen.