- CEO
- Ben Van Beurden
- Full Time Employees
- 87,000
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- Carel van Bylandtlaan 30 The Hague Netherlands 2596 HR
- IPO Date
- Mar 17, 1980
- Business
- Shell plc is a British multinational energy and petrochemical company primarily engaged in the exploration, production, refining, and marketing of oil and natural gas. The company manufactures and sells a wide array of products including crude oil, natural gas, liquefied natural gas (LNG), refined petroleum products, lubricants, and chemicals. Its services extend to renewable energy solutions such as wind and solar power, hydrogen production, biofuels, electric vehicle charging, and carbon capture and storage technologies. Shell operates globally with activities spanning over 70 countries across Europe, Asia, Oceania, Africa, and the Americas. Its business segments include Integrated Gas; Upstream oil and gas production; Downstream operations covering refining, distribution, and marketing of fuels and lubricants; Chemicals and Products; and Renewables and Energy Solutions. The company operates approximately 44,000 service stations worldwide and manages major petrochemical manufacturing and supply chains, as well as trading and optimization of energy products.
Founded in 1907 and headquartered in London, United Kingdom, Shell plc is listed on the London Stock Exchange and other major stock exchanges. The company is a leader in the global energy sector, producing around 3.7 million barrels of oil equivalent per day. Recent strategic shifts include a focused transition towards lower-carbon energy solutions, aiming to reduce operational emissions by 50% by 2030 compared to 2016 levels, with continued investment in renewables and energy transition technologies. In 2024 and 2025, Shell announced leadership restructuring to streamline operations around its three primary business areas: Integrated Gas; Upstream; and Downstream, Renewables and Energy Solutions, while elevating Trading and Supply as an organizational priority. Shell’s latest energy transition strategy emphasizes reducing carbon intensity of its products by 15-20% by 2030 and enhancing its portfolio with renewable power generation, commercial hydrogen projects, and nature-based carbon reduction initiatives. The company also reallocated wholesale commercial fuels from its Chemicals & Products segment to the Marketing segment, reflecting a strategic emphasis on customer-facing energy solutions.
In recent years, Shell expanded its electric vehicle charging network with acquisitions like NewMotion and increased investments in wind farms in the United States and the Netherlands. The company also completed the transition of its Canadian oil sands assets and increased holdings in related upgrading and carbon capture projects. Shell’s product portfolio for industrial use includes a comprehensive range of lubricants such as hydraulic fluids, engine oils, and specialty fluids utilizing advanced Group II base oil technology. The group employs approximately 96,000 people worldwide, underpinning its diversified operations in oil, gas, petrochemicals, and renewables, with a strong focus on sustainable energy transitions and digital solutions for energy management.
Overall, Shell plc operates as an integrated energy company with a comprehensive product and service offering covering traditional oil and gas alongside innovative low-carbon and renewable energy solutions, reinforced by strategic organizational and portfolio transformations in the last two years to enhance value creation while driving decarbonization globally.