Royal Dutch Shell (role of TNCs in energy production, processing and distribution) Flashcards
Where does shell operate?
+70 countries
How many employees are there at shell?
92,000 average number of employees
How much equity LNG is sold each year?
19.6 million tonnes of equity LNG
How many barrels of oil are produced everyday?
3.2 million barrels
What are positives of shell on th enevironment?
they make every effort to clean up the environment after oil spills
Whata re negatives of shell on the environment?
- Drilling for oil is dangerous and dirty, and the products are toxic
- 1947 US tanker ship blows up killing 10
- 1968 – Netherlands refinery fire, 2 dead, $120million damage
- 1989 – 150 tons of crude oil leak into River Mersey – widespread environmental damage
How does shell benefit development?
$12 billion spent in lower income countries.
$750 million invested in safety and reliability of our refineries, chemical plants and distribution facilities.
$159 million spent on voluntary social investment worldwide.
What are negatives of shell to do with chemicals?
- Shell marketed pesticides called DDT, Endrin etc. that killed humans as well as agricultural pests. Shell was very slow to pull these products of the market, and poisoned soil and wildlife