Shell plc
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- Shell plc is a British multinational oil and gas company that engages in the exploration, production, refining, transportation, distribution, marketing, trading, and power generation of crude oil, natural gas, liquefied natural gas (LNG), petrochemicals, and related products and services; it operates a global network of approximately 44,000 service stations and offers lubricants under brands such as Pennzoil, Quaker State, and Jiffy Lube, alongside chemicals, biofuels, and low-carbon energy solutions including renewables. Founded in 1907 through the merger of Royal Dutch Petroleum Company and The "Shell" Transport and Trading Company, the company is headquartered in London, United Kingdom, with operations spanning over 99 countries across Upstream (exploration and production), Integrated Gas (LNG and gas-to-liquids), Downstream (refining, marketing, and chemicals), and Renewables and Energy Solutions segments; its primary markets include industrial, commercial, retail, and aviation customers worldwide, particularly in Asia, Oceania, Africa, the United States, and Europe. In recent developments, Shell completed the acquisition of an increased working interest in the Ursa platform in the Gulf of Mexico from 45% to 61% in November 2025 to bolster its advantaged Upstream portfolio, increased its stake in Nigeria's deep-water Bonga field from 55% to 65%, restarted production at the Penguins field in the UK North Sea with a new floating production facility, sold its Nigerian onshore business (SPDC) to Renaissance in 2025 to focus on deepwater and integrated gas, announced Executive Committee changes in September 2025 to streamline leadership around core value areas including Trading and Supply, expanded its Indonesian lubricants plant capacity to 300 million litres annually, and delayered its senior structure to enhance efficiency while targeting more value with fewer emissions.
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