Shell's marketing segment contributed to its Q1 2024 revenue through the sale of oil and gas products, as well as through the sale of renewable energy solutions.
- Oil and Gas Products: The marketing segment sold approximately 2,150 to 2,650 thousand barrels of oil per day (b/d), contributing to the overall revenue of the company1.
- Renewable Energy Solutions: Shell is increasingly involved in renewables, energy solutions, and marketing. While specific figures for Q1 2024 are not available, the company's investment in low-carbon energy solutions and its energy transition strategy indicate a growing focus on renewable energy sources2.
In summary, Shell's marketing segment contributes to its revenue by selling traditional oil and gas products, as well as by promoting and selling renewable energy solutions, which are becoming a growing part of the company's business.