This has also decreased US’s over dependence on Gulf countries for fuel. With the use of airborne and geophysical data, Shell has developed its methods for exploration of oil and gas and thus has been able to efficiently explore more oil and gas in the recent past. Strong exploration capability: Shell has invested heavily in developing and implementing technology for exploration. The vertical integration gives Shell a competitive advantage over quality control and cost benefits. In the upstream market, Shell is involved in exploration and production whereas, in the downstream market, it is involved in marketing refined products. Vertically integration: Shell has successfully integrated its business operations vertically by engaging in exploration and production of natural gas, crude oil etc. A strong global market position gives Shell a significant bargaining power in the industry. ![]() It is one of the largest oil companies in the world and has various fuel brands under the umbrella of Shell, for example, Shell V-Power, Shell LPG etc. Strong Market Position: Shell has upstream and downstream operations in over 70 countries around the world. The company operates in more than 70 countries from Europe, Asia, Africa and America. ![]() ![]() The company operates in both upstream and downstream market and is headquartered in Hague, the Netherlands. Royal Dutch Shell Plc (Shell) is an energy company involved in exploring, producing and marketing crude oil, natural gas and natural gas liquids.
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