Finance & Accounting
Pages 8 (2008 words)
Name Professor: Course Code: Date of Submission Shell is a multinational company dealing with oil and gas. The Headquarters of the company is in Hague, one of the cities of Netherlands. It has a registered office in London, and by 2011, the company was second largest company in relation to revenue growth, and profitability…
The company operates in all areas of oil and gas industry, these areas include exploration of oil and gas, supplies and distribution, marketing, production, refinery, petrochemical development and power generation (McIntosh, 2001). The company is also concerned about environmental conservation, and it has invested heavily on the production, and distribution of renewable energy (Carroll, 1999). It supports initiatives of developing and distribution bio-fuel energy, wind and solar power, and hydrogen energy. Shell has branches in 100 countries, and operates an approximate number of 44000 service stations. The company producing more than 3 million barrels of oil per day, and this makes it second to Exxon Mobil. Due to its massive size, and huge capital base, the company is an important player in the international system. It has the capability of influencing world leaders to enact policies that will encourage capitalism, and liberalization of their economies (Carroll, 1999). Due to its size, and the complex business activities the company engages in, the company operates under four main divisions. These are projects and technology, upstream international, upstream Americas, and downstream (Bruijn et al, 2002). The role of upstream international is to manage business operations of shell that are outside the American continent. ...