CASE STUDY - Shell Flashcards

1
Q

How many barrels of oil does Shell produce per day?

A

3.7 million barrels!

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2
Q

Shell is a vertically integrated company - What does this mean?

A

They operate on all levels of the supply chain from extraction to refining to the end sale.

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3
Q

Give a fact to show TNCs as a tech leader

A

Shell = first company to purchase and use a computer in the Netherlands.

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4
Q

What was Shell’s reported profit in 2023?

A

$28.2bn
Down from 2022 total.

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5
Q

Give 2 positive impacts of Shell in Nigeria

A

Nigeria has control over energy sources due to TNC/Government joint ventures.

Source of employment - crucial in growing population.

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6
Q

Give 3 negative impacts of Shell in Nigeria

A

Lots of wealth leaked due to the ‘resource curse’.

Bunkering - oil theft.

TNC could choose to leave - threaten jobs and energy security!

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7
Q

What evidence suggests an unsustainable future?

A

Flaring - burning of gasses - environmental concerns.

oil spills destroy wetlands.

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8
Q

Negative impacts on human welfare? (2x)

A

tribal groups miss out on socio-economic benefits increasing social inequalities.

local farm land, water supplies, atmosphere polluted.

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9
Q

How much did Shell have to compensate the Ogoni people?

A

£55 million - environmental problems persist.

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10
Q

Why has violence erupted?

A

Locals + aggressive native groups unhappy with Shell’s environmental impacts + wealth over human welfare.
Pipelines broken, staff attacked…

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11
Q

Why have tensions of late decreased?

A

Government pardon on the MEND group (a network of militias attacking oil fields.)

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