$100 billion for growth: Shell's plans through 2014

Oil and gas company Royal Dutch Shell has planned to invest more than a hundred billion dollars over the 2011-2014 period. These plans were made public in the Anglo-Dutch company's strategy for 2011-2014. In addition, Shell intends to raise its production level to 3.7 million barrels of hydrocarbons per day (oil equivalent) by 2014.

The company's strategy also states that in 2012 Shell's cash flow from operating activities should grow by 50-80%.

Royal Dutch Shell is one of the largest oil and gas producers in the world, and one of the largest producers of engine oils. The company is engaged not only in gas and oil extraction across 40 countries, but also carries out geological exploration. Shell's share is 3% of the world's gas output and 2% of the world's oil output. In 2010, compared with 2009, the company's net profit grew by 61% to $20.1 billion, while revenue grew by 32%, reaching $368.1 billion. For 2011, the company has planned investments of $28 billion, of which $1.6 billion will be spent on new assets.