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Company is the United States-based subsidiary of
Royal Dutch Shell, a multinational oil company
("oil major") of Anglo Dutch origins, which is amongst the largest oil companies in the world. Approximately 22,000 Shell employees are based in the
U.S. The head office in the U.S. is in Houston, Texas. Shell Oil Company, including its
consolidated companies and its share in equity companies, is one of America’s largest oil and natural gas
producers, natural gas marketers, gasoline marketers and petrochemical
Shell is the market leader through
approximately 25,000 Shell-branded gas stations in the US which also serve as Shell's most visible public presence.
Shell Oil Company is a 50/50 partner with the Saudi Arabian government-owned oil
company Saudi Aramco in Motiva Enterprises, a refining and marketing joint venture which
owns and operates three oil refineries on the Gulf Coast of the United States. It also holds 80% of an exploration firm
called Pecten that explores and drills in various offshore locations including the oil basin
near Douala, Cameroon in cooperation with the French government-owned Elf Aquitaine (now
Shell products include oils,
fuels, and card services as well as exploration, production, and refining of petroleum
products. The Shell Oil Refinery in Martinez, California, the first Shell refinery in the United
supplies Shell and Texaco stations in the West and Midwest.
Shell gasolines used to include
the RU2000 and SU2000 lines (later there was a SU2000E) but they have been superseded by
the V-Power line.
Shell has an agreement with Chevron to supply each other with
the base stock of gasoline (refined gasoline before additives such as V-Power or Techron is added) in certain areas
where one company has refinery capacity and the other does not.
In 1997 Shell and Texaco entered
into two refining/marketing joint ventures. One combined their midwestern and western operations and was known
as Equilon. The other, known as Motiva, combined the eastern and gulf coast operations of Shell Oil and Star Enterprise, itself a
joint venture between Saudi Aramco and Texaco. After Texaco merged with Chevron in 2001, Shell purchased Texaco's
shares in the joint ventures. In 2002, Shell began converting these Texaco stations to the Shell brand, a process
that was to be completed by June 2004, "the largest retail re-branding initiative in American business