TNC- Shell

Question 1

Shell operation

Answer 1

. 92,000 average number of employees
. 30+ refineries and chemical plants

Question 2

Financial performance 2013

Answer 2

. Revenue: $ 451.2 billion
. Income: $ 16.5 billion
. Net capital investment: $ 44 billion

Question 3

Sustainable development 2013

Answer 3

. $ 12 billion spent in lower income countries
. $ 750 million invested in safety and reliability of refineries

Question 4

Business split in 3 major areas

Answer 4

. Upstream- explores and extracts crude oil and natural gas

. Downstream- Refines supplies, trades and ships crude worldwide etc

. Projects and technology- manages delivery of shells major project and drives the research to create technology solutions

Question 5

History of shell

Answer 5

. Imported goods to London in the late 19th century and was a family firm that shipped seashells

. 1890 is started shipping oil from Russia to Japan

. Multinational company, selling refined oil all over the world

Question 6

Positives

Answer 6

Environment:
. Clean Oil spills

Shell foundation:
. $ 30 million to fund sustainability and biodiversity

Encourage development:
. $12 billion spent in lower income countries
. $750 million invested in safety and reliability of refineries

Renewable Energy
. Shell covers geothermal, solar and wind energy which reduces carbon emissions

Question 7

Négatives

Answer 7

Drilling for oil is dangerous
1947- US tanker ship blows up killing 10

1968- Netherlands refinery fire, 2 dead, $ 120 million damage

1988- San Francisco Bay 400,000 gallon spill, birds killed, wetlands damaged

2022- payed $16m to 4 Nigerian farmers and their communities to compensate for the damage caused through leaks from oil pipes