Skip to main content

Worlds Largest Companies Royal Dutch Shell tops Fortune's list of the world's largest companies by revenue.


Worlds Largest Companies




Royal Dutch Shell


Rank: 1 (Previous rank: 2)
CEO: Peter R. Voser
Employees: 90,000
Address: Carel van Bylandtlaan 30
The Hague, 2596
Country: Netherlands



The company at the top of Fortune’s Global 500 list has made headlines for its push to drill in Arctic waters. It's been a controversial plan, in part, because a spill in cold water near Alaska would likely prove difficult to clean. Shell is pushing forward, hoping to begin drilling this July for some of the estimated 90 billion barrels of recoverable oil in the Arctic. Over the next 10-20 years, the company expects oil from the Arctic to be its largest source of crude.
In the short-term, Shell has done well, boosting its earnings for the first quarter of 2012 by 11%, compared to the previous year, to $7.7 billion. Part of the increase in earnings comes from Shell’s long-term projects that have just started producing: namely, a gas-to-liquids plant in Qatar and projects in the Canadian oil sands. 


Shelley DuBois, writer-reporter




Comments

Popular posts from this blog

The Rich Kids of Russia: Instagram mocks the children of oligarchs photographed posing beside luxury golden cars, mansions and private jets

An anonymous Instagram account revealing the lifestyles of the rich children of Russian oligarchs has become an internet sensation. The biography of the anonymous profile says it is dedicated to documenting the lives of the kids from Russia growing up in luxury.  The account specializes in collecting photos of rich Russian kids that they post online themselves, with everything from luxury cars through to selfies with expensive cars, boats or famous people.

$2million raised by Spark Internet Group

Jason Njoku, Bastian Gotter and Mary Remmy-Njoku launched Spark, the Lagos-based Internet Group that invests in Nigerian start-ups, a few months back. (If you missed it, read it HERE). They launched with a $1m investment fund and have just announced that due to huge interest in their company, they have secured another $2million from a pool of 17 international high net individual investors, based on a $10m valuation for the three month old company. It seems that the world now firmly has its eyes on Nigeria for exciting Internet companies to invest in!

Spark companies employ 130 people across the nine launched companies in Lagos, three of which have already secured second-round seed investments totaling an additional $700k from Njoku and Gotter. Continue...

Spark’s goal is to revolutionize Nigeria’s angel investment eco-system, focusing on the country’s Internet startup scene.   In an official press release, Jason Njoku of iROKOtv fame says: “Every Spark company we have invested in alread…

THE MAN PETER MBAH

Peter Mbah was born on the 17th, March 1972
He started his primary education in 1978. He attended the Army Children School, Bori Camp, Port Harcourt where he obtained his 1st School Leaving Certificate in 1984. In the same year, he proceeded to Owode High School, Owode Egba, Ogun State and in 1990, he graduated with a Senior Secondary Certificate in Education (SSCE) (O’Levels).
An adventurous Mbah obtained a Certificate in German as Foreign Language from the VolkHoch Schule, Recklinghausen, Germany in 1992. Between 1997 and year 2000, he attended the University of East London, United Kingdom where he graduated as a lawyer (.L.L.B (Hons)) with a Second Class Upper Division. While at the School, Mbah was an outstanding President of the Student Law Society (1998-1999). During his tenure, the association won the Students Union’s prize and certificate of achievement for the “Most Productive Society of the Year”.