Shell plc Stock Price Today (SHEL)
2023.03.07 10:32
Shell plc is an oil and gas multinational corporation based in London, England. Shell is a public limited company with secondary listings on Euronext Amsterdam and the New York Stock Exchange in addition to its primary listing on the London Stock Exchange (LSE).
Shell, a core part of Big Oil, is the second-largest investor-owned oil and gas company in the world (after ExxonMobil) and one of the largest companies in any industry. Shell was the ninth-largest corporate producer of greenhouse gas emissions between 1988 and 2015, as measured by both its own emissions and the emissions of all the fossil fuels it sells.
The Royal Dutch Petroleum Company of the Netherlands and The “Shell” Transport and Trading Company of the United Kingdom merged in 1907 to form Shell. By 1920, Shell was the largest oil producer in the world, and the combined company quickly became the leading rival of American Standard Oil. In 1929, Shell made its debut in the chemicals industry.
From the middle of the 1940s until the middle of the 1970s, Shell was one of the “Seven Sisters” that ruled the global petroleum industry. The world’s first commercial sea transportation of liquefied natural gas (LNG) took place in 1964 with Shell as a partner. Shell bought the mining company Billiton in 1970, which it later sold in 1994 and is now part of BHP. Gas has become an increasingly important part of Shell’s business over the past few decades, and in 2016, Shell bought BG Group.
