Editing Shell plc
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'''Integrated Gas''' | '''Integrated Gas''' | ||
Shell competes primarily with global energy companies, including BP, Chevron, Total, and ExxonMobil. This sector's competitiveness can be gauged based on reserve holdings and reliability of supply. In terms of volume of oil reserve, Shell has around 9 billion barrels of oil and natural gas<ref>https://reports.shell.com/annual-report/2022/strategic-report/segments/oil-and-gas-information/reserves.html</ref>which ranked 5th among other supermajor companies, where Exxon Mobil, the one owning most oil reserve has around 19 billion barrels.<ref><nowiki>https://www.statista.com/statistics/215897/proved-oil-reserves-by-leading-world-gas-and-oil-companies/</nowiki></ref> On the sources of supply, Shell obtains oil and natural gas across the global and has a rather decentralised supply, with more production for sale in Asia and America, which should prove to be reasonably resilient. Note since the energy transition is imminent, how Shell adapts the | Shell competes primarily with global energy companies, including BP, Chevron, Total, and ExxonMobil. This sector's competitiveness can be gauged based on reserve holdings and reliability of supply. In terms of volume of oil reserve, Shell has around 9 billion barrels of oil and natural gas<ref>https://reports.shell.com/annual-report/2022/strategic-report/segments/oil-and-gas-information/reserves.html</ref>which ranked 5th among other supermajor companies, where Exxon Mobil, the one owning most oil reserve has around 19 billion barrels.<ref><nowiki>https://www.statista.com/statistics/215897/proved-oil-reserves-by-leading-world-gas-and-oil-companies/</nowiki></ref> On the sources of supply, Shell obtains oil and natural gas across the global and has a rather decentralised supply, with more production for sale in Asia and America, which should prove to be reasonably resilient. Note since the energy transition is imminent, how Shell adapts the new trends of renewable energies will also be vital to its business. | ||
'''Upstream''' | '''Upstream''' |