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May 03, 2015 10:40 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Shell Trading (US) Company

Company Overview

Shell Trading (US) Company buys and sells barrels of hydrocarbons in physical markets in the United States. The company buys and sells physical crude oil, finished products, and feed stocks, as well as trades in various paper products on exchanges and over the counter. The company acquires, sells, and trades domestic crude oil and products. It leases crude oil acquisition and marketing. Shell Trading (US) Company, Inc. also provides marine chartering and risk management services. The company was incorporated in 1998 and is based in Houston, Texas. It has additional offices in Dallas, San Antonio, and Midland, Texas; and Denver, Colorado. Shell Trading (US) Company operates as a subsidiary of...

2 Houston Center

909 Fannin

Houston, TX 77010

United States

Founded in 1998

Key Executives for Shell Trading (US) Company

President
Compensation as of Fiscal Year 2014.

Shell Trading (US) Company Key Developments

Residents and Businesses of Puerto Rico File Class-Action Lawsuit against Puerto Rico Electric Power Authority, Petrobras and Shell Trading (US) Company

Residents and businesses of Puerto Rico have filed a class-action lawsuit against Puerto Rico Electric Power Authority (PREPA), employees of PREPA's Fuel Oil Office, including Petrobras and Shell Trading (US) Company and Puerto Rico-based fuel oil laboratories for perpetuating an extensive fuel oil fraud, resulting in users of electricity in Puerto Rico being overcharged by more than $1 billion dollars for electricity since 2002. The lawsuit, filed on Feb. 24, 2015, in the U.S. District Court for the District of Puerto Rico names 20 defendants for receiving kickbacks and payments for colluding to raise fuel oil prices that were directly passed to users of electricity, by agreeing to use non-complaint fuel oil and falsifying lab tests.

Shell Trading Co. Wins $12,517,260 Federal Contract by the Defense Logistics Agency Energy

Shell Trading Co. was awarded $12,517,260 federal contract by the Defense Logistics Agency Energy, Fort Belvoir, Virginia, for conventional blendstock for oxygenate blending gasoline for the Department of Energy.

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