Shell is a global group of energy and petrochemical companies.
Our operations are divided into four businesses: Upstream, Integrated Gas and New Energies, Downstream, and Projects & Technology.
In Upstream we focus on exploration for new liquids and natural gas reserves and on developing major new projects where our technology and know-how add value for resource holders.
In Integrated Gas and New Energies, we focus on liquefying natural gas (LNG) and converting gas to liquids (GTL) so that it can be safely stored and shipped to markets around the world. The New Energies business has been established to explore and invest in new low-carbon opportunities.
In Downstream, we focus on turning crude oil into a range of refined products, which are moved and marketed around the world for domestic, industrial and transport use. In addition, we produce and sell petrochemicals for industrial use worldwide. Shell’s oil sands mining activities in North America are also part of the Downstream organisation.
Our Projects & Technology business is responsible for delivering new development projects and the research and development that leads to innovative and low-cost investments for the future.
Our strategy seeks to reinforce our position as a leader in the oil and gas industry while helping to meet global energy demand in a responsible way. We strive to create competitive returns for shareholders.
Safety and environmental and social responsibility are at the heart of our activities.
Our commitment to technology and innovation continues to be at the core of our strategy. As energy projects become more complex and more technically demanding, we believe our engineering expertise will be a deciding factor in the growth of our businesses.
Our key strengths include the development and application of technology, the financial and project management skills that allow us to deliver large field development projects, and the management of integrated value chains.
In April 2015, Shell announced its recommended combination with BG. This combination was completed on February 15, 2016. This combination should add significant scale and profitability to Shell, particularly in LNG world-wide and deep water oil and gas in Brazil. The combination presents an opportunity to accelerate portfolio refocusing in Shell through asset sales and reduced spending, resulting in a simpler, more focused company.
In June 2016, Shell shared its plans for the future with the market, including how BG will contribute to Shell’s performance.