THE HAGUE -- Royal Dutch Shell is reorganizing its upstream and downstream activities. Shell's upstream activities are currently managed in three separate organizations - Exploration & Production, Gas & 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 activities in Shell, excluding wind, which will be part of upstream.
A new business - Projects & Technology - will combine all of Shell's major project delivery, technical services, and technology capability covering both upstream and downstream. It will also oversee Shell's safety and environment performance.