SHELL TODAY

Royal Dutch Shell today is among the richest and best-positioned corporations on earth. They do business in more than 140 countries, deal with 25 million customers daily, and have gross revenues in excess of $175 billion a year.

In 2001, an off year, they posted profits of nearly $11 billion. More than 80 percent of Shell’s revenue comes from oil and gas in one form or another, with more than 60 percent of that made in Europe and the US. But major markets for Shell are building in other regions too. With an active presence on most continents, Shell is ready to move in any direction.

Its on-the-ground hardware is most impressive: ownership or involvement in more that 50 oil refineries and/or chemical plants, hundreds of terminals and storage yards, 46,000 retail service stations, and thousands of miles of production and product pipelines on every continent.

Shell USA
In the US, for example, Shell will soon be the single largest gasoline chain in the country, having gained more than 13,000 new locations as a result of Texaco stations acquired in the ChevronTexaco divestiture. Shell will spend $500 million to "rebrand" the Texaco stations. When the dust clears, Shell will hold 14.4 percent of the US gasoline market, ahead of ExxonMobil and BPAmoco.

Global Shell
Globally, Shell’s oil and gas exploration arm, operating in more than 40 countries and with its own dedicated work force of 15,000, is second to none. In 2001, Shell oil and/or gas discoveries were made in Australia, Oman, Egypt, Brazil, the Netherlands, Brunei, and Malay-sia. In offshore Philippines, the Malampaya deepwater gas field is the largest single foreign investment ever made in that country.

The company’s Gas & Power Division is laying the groundwork to make natural gas movement, processing and utilization a reality in many countries. The Shell partnership with Bechtel, Intergen, is helping to build power plants that will be fired with natural gas. New LNG terminals are being built or acquired in a number of countries, most recently, India, Spain, and the US.

The Oil Products Division runs the "downstream" refining and gasoline retailing empires with interests in 50 refineries and 56,000 gas stations globally. Chemical operations— including such major joint ventures as Basell, Infineum, CRI International, and Saudi Arabia Petrochemical Co. — produce a wide variety of "building block" chemicals such as polyethylene and polypropylene, detergent intermediates, solvents, catalysts, and additives.

Shell is also the world’s fourth-ranked solar photovoltaic producer, the result of an April 2001 joint venture between Shell Solar and Siemens Solar, which now produces solar voltaic cells, modules, and systems in Germany and the Netherlands. Shell is also developing and selling wind energy and, after the acquisition of two wind farms in the US in 2001, Shell now has 138 megawatts of electric generating capacity, enough to supply 60,000 homes. Shell’s "renewables" business also grows "sustainably-managed" forests. Among its many other businesses, for example, is Shell Hydrogen, which invests in fuel cell technologies, and Shell Trading, which is a major global player in energy and chemicals trading, doing on average about 11 million barrels of crude-oil-equivalent trading per day in 2001.

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