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Shell is [[Vertical integration|vertically integrated]] and is active in every area of the oil and gas industry, including [[Hydrocarbon exploration|exploration]], [[Extraction of petroleum|production]], [[refining]], [[Petroleum transport|transport]], [[Midstream|distribution and marketing]], [[petrochemical]]s, [[power generation]], and trading. Shell has operations in over 99 countries,<ref>{{cite web|url=https://reports.shell.com/tax-contribution-report/2020/_assets/downloads/shell-tax-contribution-report-2020.pdf|title=Tax Contribution Report|year=2020|publisher=Shell|access-date=17 December 2021|archive-date=16 December 2021|archive-url=https://web.archive.org/web/20211216222908/https://reports.shell.com/tax-contribution-report/2020/_assets/downloads/shell-tax-contribution-report-2020.pdf|url-status=live}}</ref> produces around 3.7 million [[Barrel of oil equivalent|barrels of oil equivalent]] per day and has around 44,000 service stations worldwide.<ref>{{cite web|url=http://www.shell.com/home/content/aboutshell/at_a_glance/|title=Shell at a glance|access-date=30 August 2010|publisher=Royal Dutch Shell plc|url-status=dead|archive-url=https://web.archive.org/web/20100829175102/http://www.shell.com/home/content/aboutshell/at_a_glance/|archive-date=29 August 2010}}</ref><ref name="bgcombin">{{cite web|url=http://www.shell.com/investors/pre-combination-bg-group-publications/recommended-cash-and-share-offer-for-bg-group-plc-by-royal-dutch-shell-plc/_jcr_content/par/textimage_931903780.stream/1447807511882/0d4c28106256a8fda81c66a7abeca10ab78288bd4407420d3ae8f385a8870849/offer-announcement-royaldutchshellplc-bggroupplc.pdf|title=8 Apr 2015 – Recommended Cash and Share Offer Announcement|access-date=29 October 2016|publisher=Royal Dutch Shell plc|url-status=dead|archive-url=https://web.archive.org/web/20161030005314/http://www.shell.com/investors/pre-combination-bg-group-publications/recommended-cash-and-share-offer-for-bg-group-plc-by-royal-dutch-shell-plc/_jcr_content/par/textimage_931903780.stream/1447807511882/0d4c28106256a8fda81c66a7abeca10ab78288bd4407420d3ae8f385a8870849/offer-announcement-royaldutchshellplc-bggroupplc.pdf|archive-date=30 October 2016}}</ref> As of 31 December 2019, Shell had total proved reserves of {{convert|11.1|e9oilbbl}} of oil equivalent.<ref>{{cite web|url=https://reports.shell.com/annual-report/2019/servicepages/downloads/files/shell_annual_report_2019.pdf|title=Shell Annual Report and Accounts 2019Annual Report and Accounts 2019|publisher=Royal Dutch Shell|access-date=28 February 2021|archive-date=4 March 2021|archive-url=https://web.archive.org/web/20210304214440/https://reports.shell.com/annual-report/2019/servicepages/downloads/files/shell_annual_report_2019.pdf|url-status=live}}</ref> [[Shell Oil Company|Shell USA]], its principal subsidiary in the United States, is one of its largest businesses.<ref>{{cite web|url=http://www.shell.us/home/content/usa/aboutshell/shell_businesses/upstream/ |title=Exploration & Production in the United States |access-date=30 August 2010 |publisher=Royal Dutch Shell plc |url-status=dead |archive-url=https://web.archive.org/web/20110724200232/http://www.shell.us/home/content/usa/aboutshell/shell_businesses/upstream/ |archive-date=24 July 2011 }}</ref> Shell holds 44%<ref>{{Cite news|title=Shareholding Structure|url=https://ri.raizen.com.br/en/about-raizen/shareholding-structure/|access-date=17 December 2021|website=Raízen RI|language=en-US|archive-date=17 December 2021|archive-url=https://web.archive.org/web/20211217133038/https://ri.raizen.com.br/en/about-raizen/shareholding-structure/|url-status=live}}</ref> of [[Raízen]], a publicly listed joint venture with [[Cosan]], which is the third-largest Brazil-based energy company.<ref name="Sugarcane Ethanol" /> In addition to the main Shell brand, the company also owns the [[Jiffy Lube]], [[Pennzoil]] and [[Quaker State]] brands.
Shell is a constituent of the [[FTSE 100 Index]] and had a [[market capitalisation]] of US$199 billion on 15 September 2022, the largest of any company listed on the LSE and the 44th-largest of any company in the world.<ref>{{cite web |title=Largest Companies by Market Cap |url=https://companiesmarketcap.com/ |website=companiesmarketcap.com |access-date=15 September 2022 |language=en-us |archive-date=14 April 2021 |archive-url=https://web.archive.org/web/20210414112804/https://companiesmarketcap.com/ |url-status=live }}</ref> In terms of the revenue, Shell generated $284B in 2024,
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