What need does it serve?
Royal Dutch Shell. produces a range of Upstream and downstream products. The company is involved in exploring and developing oil & natural gas sources. It also then refines, and markets oil and natural gas products.
What are the alternatives to Royal Dutch Shell?
Competitors: Chevron, Exxon Mobil, BP.
What is the basis of competition?
Exxon primarily competes on its ability to efficiently provide its products. It depends on quality of assets, and end-to-end operational efficiency, which then drives cash flow.
Has 3 Operating Segments:
Upstream: The Upstream segment is largely responsible for drilling, exploring, and recovering crude and natural gas. Upstream operations are based out of Europe; the company also has operations in Africa, Asia, Middle-East, North America and Australasia.
Integrated Gas: The company also has an integrated gas division, which manages liquefying natural gas, converting gas to liquids and low-carbon opportunities.
Downstream: The downstream segment largely consists of refining, marketing, and logistics based services. Its operations are based mainly out of mainland Europe, but Exxon also has operations in Asia, North America and Africa.