2010 Ir Factsheet English
2010 Ir Factsheet English
Upstream International manages the upstream These activities are organised into globally managed
business outside the Americas. It searches for and recovers classes of business, including chemicals, some regionally
crude oil and natural gas, liquefies and transports gas and and globally managed activities and supporting activities.
operates the upstream and midstream infrastructure Manufacturing and supply includes refining, supply and
necessary to deliver oil and gas to market. Upstream shipping of crude oil. Marketing sells a range of products
International also manages the global LNG business and including fuels, lubricants, bitumen and liquefied petroleum
the wind business in Europe. The activities are organised gas (LPG) for home, transport and industrial use. Chemicals
within geographical units, some business-wide managed produces and markets petrochemicals for industrial
activities and supporting activities. customers, including the raw materials for plastics, coatings
and detergents used in the manufacture of textiles, medical
Upstream Americas manages the upstream business in supplies and computers. Downstream also trades Shell’s
North and South America. It searches for and recovers flow of hydrocarbons and other energy related products,
crude oil and natural gas, liquefies and transports gas supplies the Downstream businesses, markets gas and
and operates the upstream and midstream infrastructure power and provides shipping services. Downstream also
necessary to deliver oil and gas to market. Upstream oversees Shell’s interests in alternative energy (excluding
Americas also extracts bitumen from oil sands that is wind) and CO2 management.
converted into synthetic crude oil. Additionally, it manages
the US based wind business. It comprises operations Projects & Technology manages the delivery of Shell’s
organised into business-wide managed activities and major projects and drives the research and innovation to
supporting activities. create technology solutions. It provides technical services
and technology capability covering both Upstream and
Downstream manages Shell’s manufacturing, distribution Downstream activities. It is also responsible for providing
and marketing activities for oil products and chemicals. functional leadership across Shell in the areas of safety
and environment and contracting and procurement.
A C E
D
B
J
M
K
F
H
M
L
G N chemical
I products
used for
n Plastics
n Coatings
n Detergents
refined oil
products
UPSTREAM DOWNSTREAM
gas and n (Bio) Fuels
n Exploring for oil and gas A n Refining oil into fuels and lubricants J
n Lubricants
n Developing fields B n Producing petrochemicals K electricity
n Producing oil and gas C n Developing biofuels L
n Bitumen
n Industrial use
n Mining oil sands D n Trading M n Liquefied
n Extracting bitumen E n Retail sales N n Domestic use petroleum gas
n Liquefying gas by cooling (LNG) F n Managing CO2 emissions
(GTL) H
n Generating wind energy I
-5 0
2005 2006 1,000
2007 2008 2009 2005 2012 0
2009 2010 2012 2014 UPSTREAM
UPSTREAM CORPORATE
DOWNSTREAM OIL & GAS PRODUCTION
DIVESTMENTS/OTHERS DOWNSTREAM
PRODUCTION FORECAST AT $70/b
150 150
60 60
3,000
100 100
40 40
2,000 50 50
20 20
0 0
1,000 2005 2012 2005 0 2012 0
2012 2014 2009 2010 UPSTREAM
2012 2014 2005 2006 2007 2008 2009
UPSTREAM 2005 2006
CTION DOWNSTREAM
OIL & GAS PRODUCTION DOWNSTREAM BUYBACK BUYBACK
ECAST AT $70/b PRODUCTION FORECAST AT $70/b
DIVIDENDS DIVIDENDS
SHARE PERFORMANCE
Royal Dutch Petroleum Company, RDSA
Royal Dutch Petroleum Company, RDSA & AEX Shell Transport & Trading, RDSB & FTSE
ADR & Dow Jones Industrial Average
Index (End 2004 = 100)
Index (End 2004 = 100)
Index (End 2004 = 100) Index (End 2004 = 100)
Index (End 2004 = 100)
Index (End 2004 = 100)
Index (End 2004 = 100) Index (End 2004 = 100)
Index (End 2004 = 100)
80 80 80
80 80 80 80 80 80
60 60 60 60 60 60 60 60 60
2005 2006 2005 2008
2007 2005
2006 2009
2007 2006 2007
2008 2005 2008
2009 2006 2009
2005
2007 2006
2008 2005
2007
2009 2006
2008 2007
2005 2008
2009 2006 2009 2005
2007 2006
2008 2005
2007
2009 2006
2008 2007
2009 2008 2009
Royaland
Royal Dutch Petroleum company Dutch Petroleum
RDSA Royal
AMSTERDAM Dutchand
company Petroleum company
RDSAShell Tradingand
AMSTERDAM RDSA AMSTERDAM
& Transport Shell
and Trading
RDSB Shelland
& Transport
LONDON Trading
RDSB&LONDON
Transport andRoyal
RDSBDutch
LONDON Royaland
Petroleum company Dutch Petroleum
RDSA Royal Dutchand
company
ADR NEW YORK Petroleum company
RDSA ADR NEWand RDSA ADR NEW YORK
YORK
AEX AEX AEX FTSE 100 FTSE 100 FTSE 100 DJ Industrial average DJ Industrial average DJ Industrial average
Courtesy of Qatargas
CAUTIONARY STATEMENT
This fact sheet is not an offer to sell securities and should not be construed as an or events to differ materially from those expressed or implied in these statements. Forward-looking
offer to sell securities. There is risk associated with an investment in our common statements include, among other things, statements concerning the potential exposure of Royal Dutch
stock. Accordingly, an investor may lose money on his or her investment in our Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts,
common stock or ADRs. projections and assumptions. These forward-looking statements are identified by their use of terms and
Reserves: Our use of the term “reserves” in this publication means SEC proved oil and gas reserves phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’,
for all 2009 data, and includes both SEC proved oil and gas reserves and SEC proven mining reserves ‘‘objectives’’, ‘‘outlook’’, ‘‘probably’’, ‘‘project’’, ‘‘will’’, ‘‘seek’’, ‘‘target’’, ‘‘risks’’, ‘‘goals’’, ‘‘should’’
for 2007 and 2008 data. and similar terms and phrases. There are a number of factors that could affect the future operations of
Resources: Our use of the term “resources” in this publication includes quantities of oil and gas Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-
not yet classified as SEC proved oil and gas reserves or SEC proven mining reserves. Resources are looking statements included in this publication, including (without limitation): (a) price fluctuations in
consistent with the Society of Petroleum Engineers 2P and 2C definitions. crude oil and natural gas; (b) changes in demand for the Shell’s products; (c) currency fluctuations; (d)
Organic: Our use of the term Organic includes SEC proved oil and gas reserves and SEC proven drilling and production results; (e) reserve estimates; (f) loss of market share and industry competition;
mining reserves (for 2007 and 2008) excluding changes resulting from acquisitions, divestments and (g) environmental and physical risks; (h) risks associated with the identification of suitable potential
year-end pricing impact. acquisition properties and targets, and successful negotiation and completion of such transactions; (i)
To facilitate a better understanding of underlying business performance, the financial results are also the risk of doing business in developing countries and countries subject to international sanctions; (j)
presented on an estimated current cost of supplies (CCS) basis as applied for the Oil Products and legislative, fiscal and regulatory developments including potential litigation and regulatory measures
Chemicals segment earnings. Earnings on an estimated current cost of supplies basis provides useful as a result of climate changes; (k) economic and financial market conditions in various countries and
information concerning the effect of changes in the cost of supplies on Royal Dutch Shell’s results of regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts
operations and is a measure to manage the performance of the Oil Products and Chemicals segments with governmental entities, delays or advancements in the approval of projects and delays in the
but is not a measure of financial performance under IFRS. reimbursement for shared costs; and (m) changes in trading conditions. All forward-looking statements
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate contained in this publication are expressly qualified in their entirety by the cautionary statements
entities. In this publication “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for contained or referred to in this section. Readers should not place undue reliance on forward-looking
convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. statements. Additional factors that may affect future results are contained in Royal Dutch Shell’s 20-F for
Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those the year ended 31 December, 2009 (available at www.shell.com/investor and www.sec.gov ). These
who work for them. These expressions are also used where no useful purpose is served by identifying factors also should be considered by the reader. Each forward-looking statement speaks only as of the
the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as date of this publication, 4 May 2010. Neither Royal Dutch Shell nor any of its subsidiaries undertake
used in this publication refer to companies in which Royal Dutch Shell either directly or indirectly has any obligation to publicly update or revise any forward-looking statement as a result of new information,
control, by having either a majority of the voting rights or the right to exercise a controlling influence. future events or other information. In light of these risks, results could differ materially from those stated,
The companies in which Shell has significant influence but not control are referred to as “associated implied or inferred from the forward-looking statements contained in this publication. There can be no
companies” or “associates” and companies in which Shell has joint control are referred to as “jointly assurance that dividend payments will match or exceed those set out in this publication in the future, or
controlled entities”. In this publication, associates and jointly controlled entities are also referred to as that they will be made at all.
“equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct
and/or indirect (for example, through our 34% shareholding in Woodside Petroleum Ltd.) ownership The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their
interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest. filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual
This publication contains forward-looking statements concerning the financial condition, results of production or conclusive formation tests to be economically and legally producible under existing
operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact economic and operating conditions. We use certain terms in this publication, such as resources and oil
are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements in place, that SEC’s guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors
of future expectations that are based on management’s current expectations and assumptions and are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC
involve known and unknown risks and uncertainties that could cause actual results, performance website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.