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Shell Canada
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{{Short description|Canadian regional subsidiary of Shell plc}} {{Use dmy dates|date=July 2020}} {{Infobox company | name = Shell Canada Limited | logo = Shell_wordmark_2019.svg | caption = | type = [[Subsidiary]] | traded_as = | industry = [[Petroleum industry|Petroleum]] | foundation = {{Start date and age|1911}} | founder = | location_city = [[Montreal]] (1911β1958)<br>[[Toronto]] (1958β1984)<br>[[Calgary]] (1984-present) | locations = | area_served = | key_people = Susannah Pierce ([[President (corporate title)|president]] and Country chair) | products = [[Petroleum]]<br>[[Petrochemical|Petrochemical products]] | services = | revenue = {{Profit}} {{CAD|14.394 billion|link=yes}} (2013) | operating_income = | net_income = | assets = | equity = | owner = | num_employees = | parent = [[Shell plc]] | divisions = | subsid = | homepage = {{URL|https://www.shell.ca/|shell.ca}} | footnotes = }} '''Shell Canada Limited''' ({{langx|fr|Shell Canada LimitΓ©e}}) is the principal Canadian subsidiary of British energy major [[Shell plc]] and one of [[Canada]]'s largest integrated oil [[companies]]. Exploration and [[Upstream (petroleum industry)|production]] of [[petroleum|oil]], natural gas and [[sulphur]] is a major part of its business, as well as the [[Downstream (petroleum industry)|marketing]] of gasoline and related [[Product (business)|products]] 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]], 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 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.<ref>[http://www.tsx.com/en/news_events/news_releases/3-19-2007_TSX-IndexNotice-SHC.html TSX News Release β 19 March 2007] {{webarchive|url=https://web.archive.org/web/20070930063934/http://www.tsx.com/en/news_events/news_releases/3-19-2007_TSX-IndexNotice-SHC.html |date=30 September 2007 }}</ref> 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]]. The move was unanimously approved by the independent members of the board of directors.<ref>{{Cite news |last=Macalister |first=Terry |date=2007-01-23 |title=Shell bolsters offer for Canadian offshoot |language=en-GB |work=[[The Guardian]] |url=https://www.theguardian.com/business/2007/jan/23/royaldutchshell |access-date=2023-09-30 |issn=0261-3077}}</ref> In 2003, Royal Dutch Shell had appointed a British executive, and former chairman of Shell in the UK, [[Clive Mather]], as president and CEO of Shell Canada. [[File:Shell Building, Toronto.jpg|thumb|The Shell Building at 505 University Avenue in Toronto was the company's headquarters from 1958 to 1984. It was designed by [[Ferdinand Marani|Marani]] & [[Robert Schofield Morris|Morris]].]] As a consequence of the stock acquisition by Royal Dutch Shell, all Shell Canada executives holding stock options benefitted. Shell Canada announced on Mather's retirement from the company shortly after the acquisition was completed that his total pay package for his final year (2006β2007) was $4.9 million including bonuses, stock options and pension contributions and that on leaving the company, 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,<ref>[http://www.shell.com/static//ca-en/downloads/investor/annual_reports/aif.pdf Shell annual report] {{webarchive|url=https://web.archive.org/web/20070927195657/http://www.shell.com/static//ca-en/downloads/investor/annual_reports/aif.pdf |date=27 September 2007 }}</ref> making him one of the highest remunerated employees in [[Royal Dutch Shell]]. In 2006, Shell Canada acquired the oil sands developer BlackRock Ventures Inc. for $2.4 billion. As part of this deal, Shell acquired the Orion oil-sands project near [[Cold Lake, Alberta]]. In May 2012, Shell announced that it has put the project up for sale.<ref>{{Cite news |last=Jones |first=Jeffrey |last2=Haggett |first2=Scott |date=2012-05-28 |title=Shell puts Alberta oil sands project on the block |language=en |work=[[Reuters]] |url=https://www.reuters.com/article/uk-shell-canada-oilsands-idUKBRE84R0KO20120528 |access-date=2023-09-30}}</ref> In 2007, the company invested $20 million into an expansion at the [[Brockville]] Lubricant Plant.<ref>{{Cite web|url=https://www.brockvillechamber.com/member-directory.php?command=viewItem&ID=1447&name=Shell-Canada-Ltd.|title=Shell Canada Ltd. {{!}} Member Directory |website=www.brockvillechamber.com|access-date=2019-05-23}}</ref> In January 2019, it announced plans to invest a further $16 million towards new equipment that will increase production and efficiency.<ref>{{Cite web|url=https://ottawacitizen.com/news/local-news/shell-announces-16m-upgrade-to-brockville-oil-plant|title=Shell announces $16M upgrade to Brockville motor oil plant |website=Ottawa Citizen|date=2019-01-05|language=en|access-date=2019-05-23}}</ref> In November 2015, the [[Carbon capture and storage#Quest Carbon Capture and Storage Project|Shell Canada Quest Energy project]] began commercial operations.<ref>{{Cite web|url=https://www.nrcan.gc.ca/energy/funding/cef/18168|title=Shell Canada Energy Quest Project|date=2016-02-23|website=www.nrcan.gc.ca|access-date=2019-04-25}}</ref> Part of the Athabasca Oil Sands Project, it involves [[Royal Dutch Shell|Shell]] as the major shareholder (60%), [[Chevron Corporation|Chevron Canada Limited]] (20%), and Marathon Canadian Oil Sands Holding Limited (20%).<ref>{{Cite web|url=http://publications.gc.ca/site/archivee-archived.html?url=http://publications.gc.ca/collections/collection_2018/rncan-nrcan/m159/M159-11-2013-eng.pdf|title=Information archivΓ©e dans le Web|website=publications.gc.ca|access-date=2019-04-25}}</ref> It is identified as being the first commercial-scale [[Carbon capture and storage|CCS]] project, proposing to reduce CO<sub>2</sub> emissions in Canada by 1 million tonnes per year.<ref>{{Cite web|url=https://www.alberta.ca/carbon-capture-and-storage.aspx|title=Carbon capture and storage|website=www.alberta.ca|language=en-CA|access-date=2019-04-25}}</ref> In April 2017, the company completed an expansion project at the [[Scotford Upgrader|Scotford refinery]], growing hydrocracker production by 20%.<ref>{{Cite web|url=https://www.ogj.com/articles/2017/12/shell-wraps-debottlenecking-work-at-scotford-refinery.html|title=Shell wraps debottlenecking work at Scotford refinery|website=www.ogj.com|access-date=2019-05-23}}</ref> ==Management and employees== [[File:Shell Centre, Calgary, June 2013.jpg|thumb|In 1984, Shell Canada relocated its headquarters to the [[Shell Centre (Calgary)|Shell Centre]] in Calgary. The company vacated the building in 2023 and moved to [[The Bow (skyscraper)|The Bow]].]] The current Shell Canada directors are Susannah Pierce (President and Country Chair), Leanne Gawley (Vice President and Controller), Andrew Harris (Vice President), Barry Tyndall (Vice President, General Counsel and Assistant Secretary) and Zoe Yujnovich (Executive Vice President).<ref>{{Cite web| url=http://www.shell.ca/en/aboutshell/who-we-are-tpkg/our-people/directors-officers.html| archive-url=https://web.archive.org/web/20130131105701/http://www.shell.ca/en/aboutshell/who-we-are-tpkg/our-people/directors-officers.html| url-status=dead| archive-date=31 January 2013| title=Leadership | Shell Canada| publisher=Shell Canada Limited| access-date=26 September 2016}}</ref> In October 2008, Shell Canada Limited was named one of "[[Canada's Top 100 Employers]]" by Mediacorp Canada Inc., and was featured in ''[[Maclean's]]'' news magazine. Later that month, Shell Canada was also named one of [[Alberta's Top Employers]], which was announced by the ''[[Calgary Herald]]''<ref>{{Cite news|url=http://www.canada.com/calgaryherald/story.html?id=02b19397-2fdf-4039-ba29-b93eaf908adb|newspaper=Calgary Herald|title=Alberta's top 40 places to work|date=18 October 2008|url-status=dead|archive-url=https://web.archive.org/web/20151015185038/http://www.canada.com/calgaryherald/story.html?id=02b19397-2fdf-4039-ba29-b93eaf908adb|archive-date=15 October 2015}}</ref> and the ''[[Edmonton Journal]]''.<ref>{{Cite news|url=http://www.canada.com/edmontonjournal/story.html?id=5bc8514a-b0eb-4538-bab4-a63f11f51a16|newspaper=Edmonton Journal|title=Alberta's best focus on attracting, keeping staff|date=31 October 2008|url-status=dead|archive-url=https://web.archive.org/web/20090205184601/http://www.canada.com/edmontonjournal/story.html?id=5bc8514a-b0eb-4538-bab4-a63f11f51a16|archive-date=5 February 2009}}</ref><ref>{{Cite web|url=http://www.eluta.ca/top-employer-shell-canada|title=Reasons for Selection, 2009 Canada's Top 100 Employers Competition}}</ref> ==Refineries== * [[Scotford Upgrader]] and Refinery: {{convert|100000|oilbbl/d|m3/d|abbr=on}}<ref>{{cite web |title=Scotford |url=http://www.shell.ca/can/en_ca/about-us/projects-and-sites/scotford.html |archive-url=https://web.archive.org/web/20160703161905/http://www.shell.ca/can/en_ca/about-us/projects-and-sites/scotford.html |url-status=dead |archive-date=3 July 2016 |access-date=15 June 2016 }}</ref> * Corunna Refinery: {{convert|85000|oilbbl/d|m3/d|abbr=on}}<ref>{{cite web |title=Shell Manufacturing Centre |url=http://www.shell.ca/can/en_ca/about-us/projects-and-sites/sarnia-manufacturing-centre.html |access-date=15 June 2016 |url-status=dead |archive-url=https://web.archive.org/web/20160613121307/http://www.shell.ca/can/en_ca/about-us/projects-and-sites/sarnia-manufacturing-centre.html |archive-date=13 June 2016}}</ref> * [[Montreal East Refinery (Shell Canada)|Montreal East Refinery]]: {{convert|161000|oilbbl/d|m3/d|abbr=on}}; closed in 2010 == Leadership == === President === # Patrick M. Fowlie, 1929β1948 # William M. V. Ash, 1948β1961 # Paul L. Kartzke, 1962β1968 # Harold Bridges, 1968β1970 # [[John Frank Bookout Jr.|John F. Bookout]], 1970β1974 # C. William Daniel, 1974β1985 # John M. MacLeod, 1985β1993 # Charles W. Wilson, 1993β1999 # Timothy W. Faithfull, 1999β2003 # [[Linda Cook (businesswoman)|Linda Cook]], 2003β2004 # [[Clive Mather|H. Clive Mather]], 2004β2007 # W. Adrian Loader, 2007 # David R. Collyer, 2008β2009 # Lorraine Mitchelmore, 2009β2015 # Michael Crothers, 2016β2021 # Susannah Pierce, 2021β2025 # Statia West, 2025β ==See also== *[[Canadian Environment Awards]] ==References== {{Reflist}} ==External links== * {{Official website}} {{Royal Dutch Shell}} {{Authority control}} [[Category:Shell plc subsidiaries]] [[Category:Oil companies of Canada]] [[Category:Natural gas companies of Canada]] [[Category:Automotive fuel retailers]] [[Category:Gas stations in Canada]] [[Category:Canadian brands]] [[Category:Chemical companies of Canada]] [[Category:Energy companies established in 1911]] [[Category:Non-renewable resource companies established in 1911]] [[Category:Retail companies established in 1911]]<!--gas stations--> [[Category:Companies based in Calgary]] [[Category:Canadian subsidiaries of foreign companies]] [[Category:1911 establishments in Quebec]] [[Category:Canadian companies established in 1911]]
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