Shell Australia
Australian regional subsidiary of Shell plc / From Wikipedia, the free encyclopedia
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Shell Australia is the Australian subsidiary of Shell. Shell has operated in Australia since 1901, initially delivering bulk fuel into Australia, then establishing storage and distribution terminals, oil refineries, and a network of service stations. It extended its Australian activities to oil exploration, petrochemicals and coal mining, and became a leading partner in Australia's largest resource development project, the North West Shelf Venture.[1]
Company type | Subsidiary |
---|---|
Industry | Petroleum |
Founded | 1901; 123 years ago (1901) in Melbourne & Sydney |
Headquarters | , Australia |
Number of locations | Branch office in Brisbane Supply base in Darwin |
Products | Coal seam gas, liquefied natural gas, natural gas, aviation fuel |
Number of employees | 1,000 |
Parent | Shell (upstream business) [note 1] |
Subsidiaries | QGC Shell Energy Australia |
Website | shell.com.au |
In August 2014, Shell sold its downstream business in Australia, including its Geelong Oil Refinery and 870 retail sites, along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses, to the Dutch firm Vitol, for A$2.9 billion.[2]
Aside from its aviation fuel business which was retained, Shell's remaining Australian activities are in upstream businesses, comprising exploration, liquified natural gas (LNG) and onshore coal seam gas.
Shell holds large reserves in the North West Shelf, Gorgon, Browse Basin, onshore coal seam gas Surat and Bowen Basins in Queensland. It also maintains a substantial exploration portfolio in Australia with major representation in permits and reserves offshore Western Australia and the Northern Territory.
A new head office in King Square, Perth opened in January 2016.[3]