Shell

Shell is a global energy and petrochemical company founded in 1907, employing approximately 87,000 people across more than 70 countries. It specializes in the exploration, production, refining, and marketing of oil and natural gas, as well as the manufacturing and marketing of chemicals. Shell aims to address the world's growing energy demands in an economically, environmentally, and socially responsible manner. As the industry transitions towards a lower-carbon energy system, Shell focuses on delivering more sustainable energy solutions while maximizing operating performance and free cash flow. The company continuously evaluates market conditions, economic trends, and competitive forces to adapt its business strategies. Additionally, Shell emphasizes health, safety, security, and adherence to ethical standards in its operations.

Andre Araujo

President, Brasil

Ben van Beurden

CEO

Oliver van Bilsen

Commercial Director | Shell Energy Retail Netherlands

Oscar Fernandez

President

Anna Mascolo

President

Wael Sawan

CEO

Past deals in Fossil fuels

First Utility

Acquisition in 2017
First Utility Limited, operating as first:utility, is a significant independent energy supplier in the United Kingdom, providing electricity and gas services to both residential and business customers. Established in 2004 and headquartered in Warwick, the company positions itself as a challenger to the dominant Big Six energy providers. First Utility aims to assist customers in reducing their energy costs through competitive tariffs, the promotion of energy efficiency, and the implementation of innovative technologies. Additionally, the company advocates for changes within the energy industry to enhance customer experience and affordability. First Utility is a subsidiary of The Shell Petroleum Company Limited.

Virent

Series C in 2010
Virent Energy Systems, Inc. is an energy technology company based in Madison, Wisconsin, specializing in the production of hydrocarbon chemicals and fuels from plant sugars. Utilizing its patented BioForming technology, Virent converts various bio-based feedstocks, such as beet sugar, sugar cane, corn starch, and cellulosic materials like bagasse and corn stover, into products that are chemically identical to petroleum-derived fuels and chemicals. The company’s offerings include gasoline, diesel, jet fuel, and bio-aromatic compounds used in a variety of applications, such as paints, textiles, and automotive products. Virent has established strategic partnerships with notable companies, including Royal Dutch Shell and The Coca-Cola Company, to further its mission of providing renewable alternatives to fossil fuels. Founded in 2002, Virent operates as a subsidiary of Marathon Petroleum Corporation.
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