Oil Industry Shell Company Business Strategy Analysis

Jiawen Li ()
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Jiawen Li: Singapore Institute of Management

A chapter in Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024), 2024, pp 450-457 from Springer

Abstract: Abstract Oil is an important basis for the development of national economy. At present, the oil industry of all countries in the world is developing rapidly. At the same time, the operation and management of petroleum companies are also facing new opportunities and challenges. Modern societies consume large amounts of fuel, and the energy industry is an important component of social infrastructure and maintenance in almost all countries. As the global interest in renewable energy and clean technologies increases, international oil companies are actively tackling climate change and vigorously implementing the energy transition. Therefore, based on sorting out the economic environment of oil enterprises and analyzing Shell's financial data, this paper expounds that Shell is realizing energy transformation, accelerating the transformation from an oil and gas company to a comprehensive energy company, and striving to achieve the goal of “net zero” emission by 2050. Meanwhile, it focuses on the fluctuations and comparison of financial data, and deeply analyzes the advantages of Shell's business strategy. It is further expounded that Shell plc has a long-term vision and a sense of anxiety in the strategic layout and can achieve sustainable development while ensuring the company's performance growth.

Keywords: Shell Plc; Operating Strategy; Petroleum Industry (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-408-2_51

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