Shell Canada Limited (french: Shell Canada Limitée) is the principal Canadian subsidiary of British energy major
Shell plc
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New Yo ...
and one of
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
's largest integrated oil
companies
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared go ...
. Exploration and
production
Production may refer to:
Economics and business
* Production (economics)
* Production, the act of manufacturing goods
* Production, in the outline of industrial organization, the act of making products (goods and services)
* Production as a stati ...
of
oil
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated ...
, natural gas and
sulphur
Sulfur (or sulphur in British English) is a chemical element with the symbol S and atomic number 16. It is abundant, multivalent and nonmetallic. Under normal conditions, sulfur atoms form cyclic octatomic molecules with a chemical formula ...
is a major part of its business, as well as the
marketing
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emph ...
of gasoline and related
products
Product may refer to:
Business
* Product (business), an item that serves as a solution to a specific consumer problem.
* Product (project management), a deliverable or set of deliverables that contribute to a business solution
Mathematics
* Produ ...
through the company's approximately 1,800 stations across Canada.
After a global reorganization by the European parent, Shell's North American operations are controlled by Shell Energy North America, which is headquartered in Houston, Texas. Shell Energy North America's Canadian operational unit, Shell Canada, maintains a regional corporate office in
Calgary
Calgary ( ) is the largest city in the western Canadian province of Alberta and the largest metro area of the three Prairie Provinces. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806, makin ...
, Alberta. Shell Canada also maintains a major office in Toronto, Ontario.
History
Shell Canada's shares were originally independently traded on the
Toronto Stock Exchange
The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in t ...
. The company was 78% owned by Royal Dutch Shell which in 2006 launched an $8.7-billion takeover of the 22% of Shell Canada that it didn't own. In March 2007 the shareholders of Shell Canada Ltd. accepted a $45.00 per share cash offer from Royal Dutch Shell Plc. This acquisition was primarily driven by the desire of the parent company to take total control of its Canadian division's unconventional resources, specifically the
oil sands
Oil sands, tar sands, crude bitumen, or bituminous sands, are a type of unconventional petroleum deposit. Oil sands are either loose sands or partially consolidated sandstone containing a naturally occurring mixture of sand, clay, and wate ...
. The move was unanimously approved by the independent members of the board of directors.
In 2003, Royal Dutch Shell had appointed a British executive, and former Chairman of Shell in the UK,
Clive Mather
Clive Mather is the Chair of the Church of England Pensions Board having been appointed by General Synod on 20 February 2019. The Pensions Board provides pensions, housing and retirement services for those who have served or worked for the Church ...
, as president and CEO of Shell Canada.
As a consequence of the stock acquisition by Royal Dutch Shell, all Shell Canada executives holding stock options benefitted. Shell Canada announced on Mr Mather's retirement from the company shortly after the acquisition was completed that his total pay package for his final year (2007-07) was $4.9-million Including bonuses, stock options and pension contributions and that on leaving the company, Mr. Mather was additionally eligible for a lump sum payment equal to his annual gross salary. His total benefit in that year was, therefore $9.8 million of which some $5 million was from exercised stock options, making him one of the highest remunerated employees in
Royal Dutch Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New Yo ...
.
In 2006, Shell Canada acquired the oil sands developer BlackRock Ventures Inc. for C$2.4 billion. As a part of this deal, Shell acquired the Orion oil-sands project near
Cold Lake, Alberta
Cold Lake is a city in northeastern Alberta, Canada and is named after the lake nearby. Canadian Forces Base Cold Lake (CFB Cold Lake) is situated within the city's outer limits.
History
Cold Lake was first recorded on a 1790 map, by the nam ...
. In May 2012, Shell announced that it has put the project up for sale.
[
]
In 2007, the company invested $20 million (CAD) into an expansion at the
Brockville
Brockville, formerly Elizabethtown, is a city in Eastern Ontario, Canada, in the Thousand Islands region. Although it is the seat of the United Counties of Leeds and Grenville, it is politically Independent city, independent of the county. It i ...
Lubricant Plant. In January 2019, it announced plans to invest a further $16 million (CAD) towards new equipment that will increase production and efficiency.
In November 2015, the
Shell Canada Quest Energy project began commercial operations. Part of the Athabasca Oil Sands Project, it involves
Shell
Shell may refer to:
Architecture and design
* Shell (structure), a thin structure
** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses
** Thin-shell structure
Science Biology
* Seashell, a hard o ...
as the major shareholder (60%),
Chevron Canada Limited (20%), and Marathon Canadian Oil Sands Holding Limited (20%). It is identified as being the first commercial-scale
CCS project, proposing to reduce CO
2 emissions in Canada by 1 million tonnes per year.
In April 2017, the company completed an expansion project at the
Scotford refinery, growing hydrocracker production by 20%.
Management and employees
Current Shell Canada Directors are Michael Crothers (President and Country Chair), Andrew Dueck (Vice President and Controller), Andrew Harris (Vice President), Barry Tyndall (Vice President, General Counsel and Assistant Secretary) and Zoe Yujnovich (Executive Vice President).
In October 2008, Shell Canada Limited was named one of "
Canada's Top 100 Employers
Canada's Top 100 Employers is an annual editorial competition that recognizes the best places in Canada to work. First held in 1999, the project aims to single out the employers that lead their industries in offering exceptional working conditions ...
" by Mediacorp Canada Inc., and was featured in ''
Maclean's
''Maclean's'', founded in 1905, is a Canadian news magazine reporting on Canadian issues such as politics, pop culture, and current events. Its founder, publisher John Bayne Maclean, established the magazine to provide a uniquely Canadian perspe ...
'' newsmagazine. Later that month, Shell Canada was also named one of
Alberta's Top Employers
Canada's Top 100 Employers is an annual editorial competition that recognizes the best places in Canada to work. First held in 1999, the project aims to single out the employers that lead their industries in offering exceptional working conditions ...
, which was announced by the ''
Calgary Herald
The ''Calgary Herald'' is a daily newspaper published in Calgary, Alberta, Canada. Publication began in 1883 as ''The Calgary Herald, Mining and Ranche Advocate, and General Advertiser''. It is owned by the Postmedia Network.
History
''The ...
'' and the ''
Edmonton Journal
The ''Edmonton Journal'' is a daily newspaper in Edmonton, Alberta. It is part of the Postmedia Network.
History
The ''Journal'' was founded in 1903 by three local businessmen — John Macpherson, Arthur Moore and J.W. Cunningham — as ...
''.
Refineries
*
Scotford Upgrader
The Shell Scotford Upgrader is an oilsand upgrader, a facility which processes crude bitumen (extra-heavy crude oil) from oil sands into a wide range of synthetic crude oils. The upgrader is owned by Athabasca Oil Sands Project (AOSP), a joint ve ...
and Refinery :
* Corunna Refinery :
*
Montreal East Refinery
The Montreal East Refinery (french: Raffinerie de Montréal-Est) was an oil refinery located in Montreal East and formerly Shell Canada's largest refinery. In October 2010, refinery operations permanently ceased and the facility was subsequentl ...
: Closed in 2010
Leadership
President
Patrick M. Fowlie, 1929–1948
William M. V. Ash, 1948–1961
Paul L. Kartzke, 1962–1968
Harold Bridges, 1968–1970
John F. Bookout, 1970–1974
C. William Daniel, 1974–1985
John M. MacLeod, 1985–1993
Charles W. Wilson, 1993–1999
Timothy W. Faithfull, 1999–2003
Linda Cook, 2003–2004
H. Clive Mather, 2004–2007
W. Adrian Loader, 2007
David R. Collyer, 2008–2009
Lorraine Mitchelmore, 2009–2015
Michael Crothers, 2016–2021
Susannah Pierce, 2021–
See also
*
Canadian Environment Awards The Canadian Environment Awards were established in 2002 through a partnership between the Government of Canada and Canadian Geographic Enterprises. The national program recognized dedicated Canadians who act locally to help protect, preserve and r ...
References
External links
*
{{Authority control
Shell plc subsidiaries
Oil companies of Canada
Natural gas companies of Canada
Automotive fuel retailers
Gas stations in Canada
Canadian brands
Chemical companies of Canada
Energy companies established in 1911
Non-renewable resource companies established in 1911
Retail companies established in 1911
Companies based in Calgary
Canadian subsidiaries of foreign companies
1911 establishments in Quebec
Canadian companies established in 1911