Key players in supplying future oil-Shell

Question 1

problem

Answer 1

Historically the energy industries have been dominated by large TNCs such as Shell but the power of the TNCs has been challenged by OPEC and recently national energy companies.

This is due to the fact that TNCs have come under attack from environmental groups and companies like BP have
worked hard to establish a positive public image through investments in renewable energies

Question 2

Background

Answer 2

-consists of a global group of energy and petrochemicals companies with a strategy to reinforce
their position as a leader in the oil and gas industry in order.

-One of their focuses has been to
explore for new oil and gas reserves.

Question 3

Key facts

Answer 3

• Produce 2% amount of world’s oil
• Produce 3% amount of world’s gas
• 3.1 million barrels of gas and oil every day
• $2 billion spent on CO2 and renewable energy technologies over the last 5 years.
• In 2009 greenhouse gas emissions were approximately 35% below 1990 levels.