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Tuesday, 17 July 2012

Royal Dutch Shell (RDSB) a BUY at 2280p

Royal Dutch Shell (RDSB) is a holding company which owns, directly or indirectly, investments in the numerous companies constituting Shell. Shell is engaged worldwide in the principal aspects of the oil and gas industry, and also has interests in chemicals and other energy related businesses. Its segments are upstream and downstream. Upstream combines the operating segments of upstream international and upstream Americas, which have similar characteristics and are engaged in searching for and recovering: crude oil and natural gas; the liquefaction and transportation of gas; the extraction of bitumen from oil sands that is converted into synthetic crude oil; and wind energy. Downstream is engaged in: manufacturing; distribution and marketing activities for oil products and chemicals; alternative energy; and CO2 management.

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