Royal Dutch Shell
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Firm description
CEO: Wael Sawan Founded in 1907 via a merge between Royal Dutch Petroleum and Shell Transport and Trading company. One of the Largest energy companies: oil, gas, renewable energy. Key Figures: Revenue : $386B Net Income : $42B Employees : 86,000+ Challenges: Transitioning to renewable energy from traditional oil and gas ($10-15B invested in low-carbon energy solutions), (shell.com, 2024) During Covid-19 (2020) - “The oil company was forced to write down its assets after a slump in oil and gas market prices, leading the company to a loss of $19.9bn compared with a profit of $15.3bn the year before.”, (The Guardian, Feb. 2021)
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Created on November 21, 2024
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Royal Dutch Shell
Write an awesome subtitle
Firm description
CEO: Wael Sawan Founded in 1907 via a merge between Royal Dutch Petroleum and Shell Transport and Trading company. One of the Largest energy companies: oil, gas, renewable energy. Key Figures: Revenue : $386B Net Income : $42B Employees : 86,000+ Challenges: Transitioning to renewable energy from traditional oil and gas ($10-15B invested in low-carbon energy solutions), (shell.com, 2024) During Covid-19 (2020) - “The oil company was forced to write down its assets after a slump in oil and gas market prices, leading the company to a loss of $19.9bn compared with a profit of $15.3bn the year before.”, (The Guardian, Feb. 2021)