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May 22, 2015 9:23 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Shell Oil Company

Company Overview

Shell Oil Company, through its subsidiaries, provides exploration, production, refining, transportation, distribution, marketing, and trading of oil and gas, and petrochemical products in the United States and internationally. It offers fuels for aircraft; engine oils and lubricants; transport, heating, and industrial fuels to corporate and distributing companies in various industries, including transport, mining, manufacturing, power generation, and home energy; and petrochemicals for use in plastics, rubbers, fibers, foams, coatings, adhesives, solvents, additives, textiles, mattresses, car components, paints, computer casings, soaps, and washing detergents, as well as card services. The c...

1000 Main Street

Level 12

Houston, TX 77002

United States

Founded in 1922





Key Executives for Shell Oil Company

President and Director of The Upstream Americas Business - Royal Dutch Shell Plc
Age: 56
Chief Financial Officer, Vice President of Finance and Director
Age: 62
President of Shell Energy North America (US) LP
Senior Vice President, Corporate Secretary and General Counsel
Executive Vice President of Chemicals
Age: 67
Compensation as of Fiscal Year 2014.

Shell Oil Company Key Developments

USW Reaches Tentative Deal with Shell Oil

The United Steelworkers or USW announced that it has reached a tentative agreement on a new four-year contract with Shell Oil as a pattern agreement for the rest of the industry. The agreement accomplishes the major goals as directed by the USW's oil conference in October of last year, and has been approved by union's lead negotiators and National Oil Bargaining Policy (NOBP) Committee. The tentative agreement calls for yearly wages increases as well as maintaining the current health care plan cost-sharing ratio. The next step in the bargaining process is for the company to put the terms of the settlement agreement on all of the Shell and Motiva bargaining tables. USW's expectation is that other employers will offer the same terms at their local bargaining tables. The local unions will then review the employers' proposals with Vice President Beevers. Approved settlement agreements are then submitted to the local membership for explanation and ratification votes.

Shell Oil Co Announces No Agreement in US Refinery Strike Talks

Shell Oil Co announced face-to-face negotiations with the United Steelworkers union (USW) failed to yield an agreement to end the 20-day-old U.S. refinery strike. Workers at several refineries and chemical plants were waiting for instructions to join the more than 5,000 workers at 11 plants, including nine refineries accounting for 13% of U.S. production capacity, walking picket lines in the large national refinery strike since 1980. The Steelworkers said in a message to members and news media, including Reuters, that talks were continuing.

Union Workers at Shell Site Go on Strike

Workers of at least one local refinery went on strike early February 1, 2015 after the Steelworkers union failed to reach a contract deal with industry negotiators. Shell has learned that the USW has given notice to its members at the Shell Deer Park site to begin a strike at 12:01 on Feb. 1, 2015. Union members represented by the United Steelworkers union Local 13-1 in Texas City were told to prepare for a possible strike as early as February 1, 2015 morning. While union leaders and industry officials were slated to continue negotiating toward a national deal into the night, there was not yet an agreement on the table. That local represents about 1,110 workers at Marathon Galveston Bay Refinery, about 150 workers at BP Texas City Chemicals and about 800 workers at Shell Deer Park Refining. Just after 10 p.m., talks were ongoing and the message to the Texas City local no longer included a time to report to the union hall.

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