In 2023, Shell generated some 118.14 billion U.S. dollars of revenue in Europe. The company generated most of its revenue in this region, with totals having increased in the previous two years. Shell is one of the top oil and gas companies worldwide, operating in every segment of the oil and gas industry.
Oil supermajors
Shell is not only one of the largest oil and gas companies, but also regularly among the largest companies by revenue in the world. Shell edged out ahead of another major publicly traded player within its industry, BP. Four companies out of the global top 10 were from the oil and gas sector.
Shell's history
Shell was founded through the merger of two rival companies from the Netherlands and from the United Kingdom. The main aim of this fusion was to compete with John D. Rockefellers’s Standard Oil Company. Today, Shell is a multinational corporation, headquartered in The Hague, Netherlands. The company is involved in every segment of the oil and gas industry – from exploration and production to trading and power generation. As of 2023, Shell's number of employees amounted to roughly 103,000.
Revenue of Shell from 2011 to 2023, by region
(in billion U.S. dollars)
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Shell. (March 15, 2024). Revenue of Shell from 2011 to 2023, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/279424/royal-dutch-shells-revenue-by-region/
Shell. "Revenue of Shell from 2011 to 2023, by region (in billion U.S. dollars)." Chart. March 15, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/279424/royal-dutch-shells-revenue-by-region/
Shell. (2024). Revenue of Shell from 2011 to 2023, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/279424/royal-dutch-shells-revenue-by-region/
Shell. "Revenue of Shell from 2011 to 2023, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Mar 2024, https://www.statista.com/statistics/279424/royal-dutch-shells-revenue-by-region/
Shell, Revenue of Shell from 2011 to 2023, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/279424/royal-dutch-shells-revenue-by-region/ (last visited November 21, 2024)
Revenue of Shell from 2011 to 2023, by region (in billion U.S. dollars) [Graph], Shell, March 15, 2024. [Online]. Available: https://www.statista.com/statistics/279424/royal-dutch-shells-revenue-by-region/
