Shell Canada

Encyclopedia : S : SH : SHE : Shell Canada

Shell Canada Limited (TSX: [SHC]) is one of Canada's largest integrated oil companies. Exploration and production of oil, natural gas and sulphur is a major part of its business, as well as the marketing of gasoline and related products through the company's approximately 1,800 stations across Canada. Shell Canada is part of the Royal Dutch Shell Group, but has its shares traded on the Toronto Stock Exchange. The company is 22% public owned, with the remainder indirectly owned by Royal Dutch Shell.

Shell Canada is based in Calgary, Alberta, and had a revenue of $14.394 billion in fiscal year 2005[2005 annual report].

Contents

1 Corporate governance

1.1 Shell Canada lawsuit

2 Products
3 External links

3.1 Main
3.2 References

Corporate governance

Current members of the board of directors of Shell Canada Limited are: Derek Burney, Ida Goodreau, Kerry Hawkins, David Kerr, W. Adrian Loader, Clive Mather, Ronald Osborne, Robert Routs, Raymond Soyer, and Nancy Southern.

Other positions in the company are: CEO: Clive Mather. MD of Shell Canada Products: David Weston.

Shell Canada lawsuit

A settlement was reached in the class actions filed against Shell Canada Limited on behalf of persons who used Shell gasoline products between March 1, 2001 and April 15, 2002 and who incurred out-of-pocket expenses due to fuel system problems before July 31, 2002. The settlement applies to Canadian residents outside of Quebec.

Under the settlement, Shell compensated people who owned or leased vehicles that were filled with at least $100 worth of Shell branded gasoline between March 1, 2001 and April 15, 2002 and that experienced fuel pump or fuel sensor problems before July 31, 2002.

There are three classes of claims and compensation:

People who owned or leased 1996-2002 Chrysler vehicles (except Jeeps) were fully reimbursed for fuel pump and fuel sensor repairs and for eligible out-of-pocket expenses. People who owned or leased other 1996-2002 vehicles and who can establish that the fuel pump or fuel-sending unit had a particular residue on it were reimbursed for eligible repairs and out-of-pocket costs to a maximum of $175. People who owned or leased pre-1996 vehicles and who can establish that the fuel pump or fuel-sending unit had a particular residue on it were reimbursed for eligible repairs and out-of-pocket expenses to a maximum of $100.

Products

An aviation fuel truck.

Shell Canada produces and sells auto and aviation fuels, lubricants, natural gas, bitumen, asphalt, sulphur, food grade lubricants and thermal insulation.

External links

Main

References

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