3. Royal Dutch Shell plc

Company Snapshot
Royal Dutch Shell plc, through its subsidiaries, operates as an energy company worldwide.

The company operates in four segments: Exploration and Production, Gas and Power, Oil Products, and Chemicals.

Exploration and Production segment engages in the upstream activities of acquiring, exploring, developing, and producing oil and gas.

This segment searches for and recovers oil and natural gas primarily in Australia, Brazil, Brunei, Egypt, Malaysia, the Netherlands, Nigeria, Norway, Oman, the United Kingdom, and the United States.

As of December 31, 2005, the company had proved, developed, and undeveloped reserves of 3,705 million barrels of oil equivalent of oil and natural gas.

Gas and Power segment liquefies and transports natural gas.

It also markets and trades natural gas and electricity, and converts natural gas to liquids to provide clean fuels.

Oil Products segment refines crude oil into various products, including fuels, lubricants, and petrochemicals; and markets the refined products for domestic, industrial, and transportation use.

As of December 31, 2005, the company had interests in 47 refineries, which produce products, such as gasoline, diesel, light heating oil, aviation fuel, heavy heating oil, lubricants, and bitumen; distribution network with approximately 5,000 miles of pipeline in the U.S.; and 20,000 trucks and 45,000 fuel service stations worldwide.

Chemicals segment produces and sells petrochemicals that are used in the manufacture of plastics, coatings, and detergents to industrial customers.

In addition, the company develops renewable sources of energy, including wind and solar power, and hydrogen energy.

Royal Dutch Shell was formerly known as Forthdeal Limited and changed its name to Royal Dutch Shell plc in 2004.

The company is headquartered in The Hague, the Netherlands.

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View the latest financial information on Business Week's Company Insight Center

Jeroen van der Veer, 59
TITLES
Chief Executive Officer, Executive Director, Chairman of Executive Committee, Chief Executive of Royal Dutch Petroleum Company, President of Royal Dutch Petroleum Company and Managing Director of Royal Dutch Petroleum Company
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