Main Business Activities
- Upstream and Integrated Gas
- Trading and Supply
- Other support activities
Shell has been present in Italy since 1912. Shell’s upstream activities include interests in the Val d’Agri and Tempa Rossa oil fields located in Basilicata, and exploration interests in two onshore areas: Po Valley and southern Apennines. Shell’s downstream operations include the production and sale of lubricants and the sale of natural gas and electricity.
Country Financial Analysis
The tax paid exceeds the tax accrued as it includes a final tax payment in respect of 2017 and because the estimated advance payments for 2018 were higher than the accrued liability.
Our Payments to Governments Report for 2018 also shows that Shell paid around $55.1 million in royalties.