Shell reorganises business structure
Royal Dutch Shell has announced a series of changes to its organisational structure including the merging of its upstream businesses and the launch of a new projects and technology business.
Shell's upstream activities are currently managed in three separate organisations: exploration and production (E&P), gas and power, and oil sands. Upstream will now consist of two businesses, upstream Americas - covering North and South America - and upstream international, covering the rest of the world.
There will also be changes in downstream. In addition to the refining, marketing and chemicals businesses, the downstream portfolio will be expanded to include trading and alternative energy
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