Shell shapes future of energy through innovation
Royal Dutch Shell p.l.c. (Shell) is a global group of energy and petrochemical companies operating in more than 80 countries.
Shell is incorporated in England and Wales , UK, with headquarter is in The Hague, The Netherlands.
In upstream Shell focuses on exploring for new oil and gas reserves and developing major projects where the technology and know-how adds value to the resource holders, such as floating liquefied natural gas (FLNG), oil sands carbon capture and sequestration, Arctic exploration and production.
In 2011, Shell produced:
– 3.2 million b/d of crude oil
– 18.8 million t of LNG representing 48% of Shell total production.
In downstream Shell concentrates efforts on operational excellence for sustainable cash generation from the existing assets and selective investments in growth markets.
Shell owns and operates more than 30 refineries and major petrochemical plants in the world.
In Qatar Shell took a leap with the world largest Gas-To-Liquid facility, Pearl GTP, benefiting from low gas prices on supply side and high oil prices on demand side.
Shell is listed in NYSE ($), London Stock Exchange (£) and in Amsterdam (€).
Shell Key Figures
– 2011 Revenues: $470,2 billion
– 2010 Revenues: $368 billion
– 2009 Revenues: $278 billion
– 2011 Earnings: $31,2 billion
– 2010 Earnings: $20,4 billion
– 2009 Earnings: $12,7 billion
– 2012 Capital Expenditure: $30 billion (Forecast out of which 80% in upstream)
– 2011 Capital Expenditure: $31,1 billion
– 2010 Capital Expenditure: $23,6 billion
– 2009 Capital Expenditure: $28,8 billion
Shell Projects and Business Highlights
In a volatile global economy and energy markets, Shell will remains focused on through-cycle investment for sustainable growth and continuous improvement.
Shell will drive its market leadership in developing 60 new projects and options, maturing about 20 billion boe of new resources potential, including major projects in LNG, deep water,tight gas, liquids-rich shales and traditional plays.
Active for year in Alberta, Canada, with the Athabasca Oil Sands Project (AOSP) to extract bitumen from oil sands and convert it to synthetic crude oil, Shell is investing $2 billion capital expenditure in the Quest project for the CO² capture and sequestr)ation (CCS) on its Fort McMurray upgrader.
Offshore Western Australia and Indonesia, Shell is planning a series of FLNG projects in beginning with Prelude, currently in construction, to reduce transportation costs and eliminate all onshore facilities issues.
In USA, Shell is exploring and developing projects in all major unconventional resources with a special attention on tight gas and shale oil to yield higher return.
Shell is also evaluating location and tax break for its Appalachian ethane cracker project.
In Qatar, Shell is working the large $5.5 billion Ras Laffan Petrochemical projects
In China, Shell is about to invest $6 billion to develop shale gas in the Sichuan Province with PetroChina.
