Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)

Oil Industry Shell Company Business Strategy Analysis

Authors
Jiawen Li1, *
1Singapore Institute of Management, 369977, Clementi New Town, Singapore
*Corresponding author. Email: jli080@mymail.sim.edu.sg
Corresponding Author
Jiawen Li
Available Online 7 May 2024.
DOI
10.2991/978-94-6463-408-2_51How to use a DOI?
Keywords
Shell Plc; Operating Strategy; Petroleum Industry
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.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
7 May 2024
ISBN
10.2991/978-94-6463-408-2_51
ISSN
2352-5428
DOI
10.2991/978-94-6463-408-2_51How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Jiawen Li
PY  - 2024
DA  - 2024/05/07
TI  - Oil Industry Shell Company Business Strategy Analysis
BT  - Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
PB  - Atlantis Press
SP  - 450
EP  - 457
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-408-2_51
DO  - 10.2991/978-94-6463-408-2_51
ID  - Li2024
ER  -