[9] Shell is vertically integrated and is active in every area of the oil and gas industry, including exploration, production, refining, transport, distribution and marketing, petrochemicals, power generation, and trading.
During the Genoa Conference of 1922 Royal Dutch Shell was in negotiations for a monopoly over Soviet oilfields in Baku and Grosny, although the leak of a draft treaty led to breakdown of the talks.
[35] In 1937, Iraq Petroleum Company (IPC), 23.75 percent owned by Royal Dutch Shell plc,[36] signed an oil concession agreement with the Sultan of Muscat.
In 1952, IPC offered financial support to raise an armed force that would assist the Sultan in occupying the interior region of Oman, an area that geologists believed to be rich in oil.
[43] On 15 January 1999, off the Argentinian town of Magdalena, Buenos Aires, the Shell tanker Estrella pampeana collided with a German cargo ship, emptying its contents into the lake, polluting the environment, drinkable water, plants and animals.
[46] In 2004, Shell overstated its oil reserves, resulting in loss of confidence in the group, a £17 million fine by the Financial Services Authority and the departure of the chairman Philip Watts.
[57] In March 2010, Shell announced the sale of some of its assets, including its liquefied petroleum gas (LPG) business, to meet the cost of a planned $28bn capital spending programme.
[19] In December 2021, Shell pulled out of the Cambo oil field, off the Shetland Islands, claiming that "the economic case for investment in this project is not strong enough at this time, as well as having the potential for delays".
[87] Following a career at the corporation, in locations such as Australia and Africa, Ann Pickard was appointed as the executive vice president of the Arctic at Royal Dutch Shell, a role that was publicized in an interview with McKinsey & Company in June 2014.
The development of technical and commercial expertise in all stages of this vertical integration, from the initial search for oil (exploration) through its harvesting (production), transportation, refining and finally trading and marketing established the core competencies on which the company was founded.
[109][110] Further problems hampered the Arctic project after the commencement of drilling in 2012, as Shell dealt with a series of issues that involved air permits, Coast Guard certification of a marine vessel, and severe damage to essential oil-spill equipment.
[111] In January 2014, the corporation announced the extension of the suspension of its drilling program in the Arctic, with chief executive van Beurden explaining that the project is "under review" due to both market and internal issues.
[114] Around the same time period, a reporter for Fortune magazine spoke with Edward Itta, an Inupiat leader and the former mayor of the North Slope Borough, who expressed that he was conflicted about Shell's plans in the Arctic, as he was concerned that an oil spill could destroy the Inupiat peoples hunting-and-fishing culture, but his borough also received major tax revenue from oil and gas production; additionally, further revenue from energy activity was considered crucial to the future of the living standard in Itta's community.
[116] In response, Shell filed lawsuits to seek injunctions from possible protests, and Benjamin Jealous of the NAACP and Radford argued that the legal action was "trampling Americans' rights".
[122] Oil executives from Total and Eni interviewed by the New York Times, expressed scepticism about Shell's new ambitions for offshore drilling in the Arctic, and cited economic and environmental hurdles.
[139] Shell has been active in Hong Kong for a century, providing Retail, LPG, Commercial Fuel, Lubricants, Bitumen, Aviation, Marine and Chemicals services, and products.
[149] Shell's activities in Italy began on 13 July 1912, with the creation of "Nafta",[150] based in La Spezia, founded after taking advantage of the weakness of the former Standard Oil Trust, dissolved the previous year.
[155] Shell remained active in the country until April 1974 when, following difficulties in the oil sector caused by the Kippur War and the general conditions of the Italian economy, now not very favorable, the old company was sold to Eni, which became Italiana Petroli (IP).
[177] On 27 August 2007, Shell and Reitan Group, the owner of the 7-Eleven brand in Scandinavia, announced an agreement to re-brand some 269 service stations across Norway, Sweden, Finland and Denmark, subject to obtaining regulatory approvals under the different competition laws in each country.
On 3 November 2016 the Pilipinas Shell Petroleum Corporation was officially listed on the Philippine Stock Exchange under the ticker symbol SHLPH after they held its initial public offering on 19 to 25 October of the same year.
In 2006 Shell paid SolarWorld to take over its entire solar business[194] and in 2008, the company withdrew from the London Array which when built was the world's largest offshore wind farm.
[207] In December 2018, the company announced that it had partnered with SkyNRG to begin supplying sustainable aviation fuel to airlines operating out of San Francisco Airport (SFO), including KLM, SAS, and Finnair.
[217] On 26 January 2021, Shell said it would buy 100 per cent of Ubitricity, owner of the largest public charging network for electric vehicles in the United Kingdom, as the company expands its presence along the power supply chain.
[226] In December 2021, Royal Dutch Shell decided to move ahead with seismic tests to explore for oil in humpback whale breeding grounds along South Africa's eastern coastline.
[227] On 3 December 2021, a South African high court struck down an urgent application brought by environmentalists to stop the project, which will involve a vessel regularly firing an air gun that produces a very powerful shock wave underwater to help map subsea geology.
According to Greenpeace Africa and the South African Deep Sea Angling Association, this could cause "irreparable harm" to the marine environment, especially to migrating humpback whales in the area.
[239][240] On 5 April 2019, Milieudefensie (Dutch for "environmental defense"), together with six NGOs and more than 17,000 citizens, sued Shell, accusing the company of harming the climate despite knowing about global warming since 1986.
[251][252] In 2008, the British ASA ruled that Shell had misled the public in an advertisement when it claimed that a $10 billion oil sands project in Alberta, Canada, was a "sustainable energy source".
[255][256] In December 2022, U.S. House Oversight and Reform Committee Chair Carolyn Maloney and U.S. House Oversight Environment Subcommittee Chair Ro Khanna sent a memorandum to all House Oversight and Reform Committee members summarizing additional findings from the committee's investigation into the fossil fuel industry disinformation campaign to obscure the role of fossil fuels in causing global warming, and that upon reviewing internal company documents, accused Shell along with BP, Chevron Corporation, and ExxonMobil of greenwashing their Paris Agreement carbon neutrality pledges while continuing long-term investment in fossil fuel production and sales, for engaging in a campaign to promote the use of natural gas as a clean energy source and bridge fuel to renewable energy, and of intimidating journalists reporting about the companies' climate actions and of obstructing the committee's investigation, which ExxonMobil, Shell, and the American Petroleum Institute denied.
[271] Other instances where the site has acted as an Internet leak include a 2007 IT outsourcing plan,[272] as well as a 2008 internal memo where CEO Jeroen van der Veer expressed disappointment in the company's share-price performance.