Shell plc

London-based oil and gas company

Overview

Shell is the largest UK-headquartered company by revenue and ranks second in the Fortune 500 Europe overall, behind only Volkswagen.[1] Fortune records revenue of US$273.7bn for fiscal 2025, down 5.29% on the prior year in dollar terms, with 85,000 employees.[1] The group, created in 1907 from the combination of a British and a Dutch company, produces oil and gas, refines fuels, operates service stations and trades energy, and its long-term strategy centres on liquefied natural gas.[4]

Shell plc strengths and limitations

Strengths

  • Largest European oil company by revenue
  • Large liquefied natural gas business

Limitations

  • Revenue fell 5.3% in 2025
  • Profit well below ExxonMobil's

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