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Company profile

Shell plc

Updated

Overview

Shell plc is a global energy company headquartered in London. It explores for and produces oil and natural gas, processes and trades liquefied natural gas, refines crude oil, and supplies fuels, lubricants and chemicals. Its activities also include electricity, biofuels, electric-vehicle charging, hydrogen and carbon capture. Shell operates in more than 70 countries.[1][2]

Shell states that its purpose is to “power progress together” by providing the energy products people need, and describes its strategy as delivering more value with less emissions. In 2025, it reported revenue of approximately $266.9 billion and an average workforce of 88,000 employees.[3][2] [1]

Products & services

Shell sells transport fuels, lubricants and natural gas products to consumers and businesses. Its fuel range includes Shell V-Power premium petrol and Shell FuelSave fuels; it also supplies liquefied natural gas (LNG) and Shell GTL Fuel, a diesel alternative made from natural gas that Shell says can be used in diesel engines without modification.[4][5] Its lubricants include Shell Helix passenger-car motor oils, Shell Rimula heavy-duty engine oils and Shell Tellus hydraulic fluids. Shell Risella X is a range of gas-to-liquids-based process oils.[6]

Shell’s chemical products include NEODOL alcohols and ethoxylates, used in detergents, personal-care products and industrial formulations, and ShellSol aromatic solvents.[10][11] Beyond physical products, Shell offers EV charging through Shell Recharge, markets and trades electricity and pipeline gas, and develops hydrogen and carbon-capture services. Its lower-carbon fuel offerings include sustainable aviation fuel, renewable diesel and bioLNG.[12] [13]

Geographic presence

Shell plc is headquartered in London, United Kingdom, and has operations across Europe, Asia, Oceania, Africa and the Americas. Its LNG interests, for example, include assets in Brunei, Australia, Egypt, Canada, Peru and Trinidad and Tobago.[16][17]

In 2025, Shell reported $266.9 billion in third-party revenue by origin: $91.8 billion from Europe (34% of the total), $90.8 billion from Asia, Oceania and Africa (34%), $57.7 billion from the United States (22%), and $26.5 billion from Other Americas (10%). The European figure includes $28.7 billion originating in the UK. These are origin-based figures, rather than a breakdown by customers’ locations.[18][19]

Shell reported approximately 85,000 employees in 2025. Its regional headcounts, rounded to the nearest thousand, were 33,000 in Asia, 26,000 in Europe, 21,000 in North America, 3,000 in Oceania, and 2,000 each in Africa and South America.[20] [16]

Business segments

Shell reports five operating segments: Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions. It also reports Corporate separately. Integrated Gas covers liquefied natural gas (LNG) and gas-to-liquids operations, related infrastructure, and LNG trading and optimisation. Upstream explores for and produces crude oil, natural gas and natural gas liquids. Marketing encompasses mobility and retail, electric-vehicle charging, lubricants, and products and services for industrial customers. Chemicals and Products includes chemicals manufacturing, refining, and crude-oil, oil-products and petrochemicals trading. Renewables and Energy Solutions includes renewable power, power and pipeline-gas trading, hydrogen, carbon capture and storage, and carbon credits.[21]

In 2025, the segments’ approximate shares of third-party revenue were Marketing 42%, Chemicals and Products 29%, Integrated Gas 14%, Renewables and Energy Solutions 13%, and Upstream 2%; Corporate revenue was negligible. Revenue shares do not reflect the same mix as earnings: Integrated Gas and Upstream generated $8.0 billion and $7.4 billion of adjusted earnings, respectively, compared with $4.0 billion for Marketing, $1.1 billion for Chemicals and Products, and $0.2 billion for Renewables and Energy Solutions. Corporate recorded a $1.9 billion adjusted loss.[22] [21][22]

Company history

Shell traces its origins to Royal Dutch Petroleum, founded in 1890, and Shell Transport and Trading, established by Marcus Samuel in 1897. The two businesses combined their oil interests in 1907, forming the Royal Dutch/Shell group while retaining separate corporate identities.[23] Shell later expanded its North Sea operations: the Brent oil field was discovered in 1971 and began production in 1976.[24]

The group unified under Royal Dutch Shell plc in July 2005, replacing the dual-parent structure that had persisted since 1907.[25] In 2016, it completed its acquisition of BG Group, expanding its interests in liquefied natural gas and deepwater oil and gas.[26][27] Following a simplification of its corporate structure, Royal Dutch Shell plc changed its name to Shell plc in January 2022.[28][29] [23]

Sources

  • Shell plc — Full financial report (2024 Y)[1][13]
  • www.shell.com[2]
  • www.shell.com[3]
  • www.shell.co.uk[4]
  • www.shell.com[5]
  • www.shell.com[6]
  • www.shell.com[7]
  • www.shell.com[8]
  • www.shell.com[9]
  • www.shell.com[10]
  • www.shell.com[11]
  • www.shell.com[12]
  • www.shell.com[14]
  • www.shell.com[15]
  • Shell plc — Full financial report (2025 Y)
    7 citations
  • www.shell.com[23]
  • www.shell.co.uk[24]
  • www.sec.gov[25]
  • www.shell.com[26]
  • www.reuters.com[27]
  • shell.gcs-web.com[28]
  • shell.gcs-web.com[29]

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