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Winning Combination: Shell, Pennzoil, & Joey Logano

Shell scientists work with Team Penske every week to optimize a special formulation motor oil that Logano uses in the No. 22 Shell-Pennzoil Ford Fusion.
Winning Combination: Shell, Pennzoil, & Joey Logano

When Joey Logano, driver of the No. 22 Shell-Pennzoil Ford Fusion, took the checkered flag on Monday with Pennzoil technology under the hood, it is a testament to how innovation can help win races at the track. The rain-delayed win at the Texas Motor Speedway is the first 2014 points race victory for the Shell-Pennzoil team.  

“Technology leadership is what drives us at Shell.  The knowledge we gain at the track is the cornerstone to developing the best products for our customers,” said Paul Bogers, General Manager of Lubricants Technology at Shell Oil. “Throughout the season, Shell engineers work closely with the Penske Racing team to collaborate on ideas and share key insights that supports strong product development for use both on and off the track.”  

The sponsorship of Team Penske goes beyond the logo on the car.  The technical alliance with Penske provides valuable opportunities to use Shell science and technology with the aim of securing a competitive advantage for the drivers at the track. Using the extreme test bed of the track, Shell scientists work closely with Team Penske every week to optimize the special formulation motor oil that Logano uses in the No. 22 Shell-Pennzoil Ford Fusion.

In addition to blending a unique formulation for the Ford engine from week to week, Shell scientists also tailor high performance lubricants for the Team Penske gearbox. 

“In stock cars, racing motor oils are one of the few areas that can be modified and fine-tuned from one race to the next.  By having Shell scientists on Team Penske, we are able to harness their world-class knowledge and technology to help maximize the performance, efficiency, and engine reliability which gives us an edge on race day. And, today, we saw how our work with Shell scientists to develop racing motor oils paid off with a win for Logano at the Duck Commander 500.” said Travis Geisler, Director of Competition at Team Penske.

When Logano Wins on Sunday, Shell Customers Save on WINsday 

Additionally, every time Joey Logano wins a points race, such as this one, Shell $aver Cardholders receive a savings of 22 cents per gallon* on any grade of Shell Nitrogen Enriched Gasoline or Shell Diesel the Wednesday after the race **- also known as WINsday!

Shell Saver Cardholders who are also registered Members of the Fuel Rewards Network™ (FRN) program have the opportunity to receive an additional 22 cents per gallon in Fuel Rewards® savings *** from their WINsday fuel purchase that can be redeemed at a future date as part of the FRN program if they use their Shell Saver Card to purchase fuel at Shell on WINsday.

This is in addition to their Shell Saver Card savings. The offer is available to both new and existing FRN Members and will be sent via email to Shell Saver Cardholders who purchase fuel using their Shell Saver Card on WINsday. 

There are 29 more points races remaining in the 2014 season, giving existing and new Shell Saver Cardholders 29 more chances to save. 

* Fuel savings are limited to 25 gallons or limits placed by Shell and/or limits placed on your payment card by your financial institution, each of which may be lower.  At participating stations only.

** If a points race ends later than a Monday, the savings is available two days after the win. (For example, if Joey wins a race on a Tuesday, the 22 cents per gallon savings will occur on Thursday).

***For Shell Saver consumers purchasing on the WINsday - FRN™ Rewards Codes will be provided to Shell Saver customers within 30 days of a WINsday purchase to obtain 22¢/gal on your FRN™ Account. The additional 22¢ per gallon is redeemable with your Fuel Rewards Network™ Card.

Fuel Rewards Network™ Redeem Fuel Rewards® savings with your Fuel Rewards Network™ Card at participating Shell stations. Fuel savings are limited to 20 gallons of fuel per purchase per vehicle, or fraud limits placed by Shell and/or limits placed on your payment card by your financial institution, each of which may be lower. Dispenser may require a price of up to 10.9 cents per gallon. For purchases of $75 or more, please go inside to pay.

Unbranded diesel and alternative fuels may not be eligible. The Fuel Rewards Network™ program is owned and operated by Excentus Corporation. Not valid where prohibited by law. See fuelrewards.com for complete Fuel Rewards Network™ program details and Terms and Conditions. All trademarks are property of their respective owners.

FRN Rewards Codes must be activated by December 31, 2014. Fuel Rewards® savings earned through that FRN Rewards Code expire on the last day of the month, two months after the month in which that FRN Rewards Code is activated. Please click here for additional information.

About Shell and Pennzoil

Shell is a global group of energy and petrochemical companies with 87,000 employees in more than 70 countries. In the U.S., Shell operates in 50 states and employs more than 22,000 people using technology and innovation to help tackle the challenges of the new energy future. The Shell downstream organization manages a portfolio of top-quality brands, including the No. 1 selling gasoline, Shell Nitrogen Enriched Gasolines, and premium gasoline, Shell V-Power®, brands[i]  and Pennzoil®, the most trusted motor oil brand in America[ii].

Shell motorsports technical alliances around the world provide a testing ground for fuel and lubricant technologies and products in demanding road conditions. The knowledge Shell and Pennzoil gain through these alliances help address tomorrow’s world mobility energy challenge with efficient solutions that power and protect motorists around the globe. http://www.shell.com http://www.pennzoil.com

i Source: NPD Motor Fuels Index December 2005 – 2011.

ii Based on a survey of licensed drivers conducted by a leading research firm January 2005 – December 2011.

About the Shell Saver Card®

The Shell Saver Card is a non-credit payment product exclusive to Shell that links directly to cardholders’ checking accounts and offers savings at the pump. While Shell Saver Card earnings apply only to gasoline and diesel purchases, the card can be used for any purchases at Shell-branded stations except lottery tickets.

Through Telecheck® and the use of personal PIN numbers, the Shell Saver Card offers safety mechanisms that enhance consumer security. Since the Shell Saver Card directly links to a checking account, applying for the card does not affect consumer credit scores, nor are there any application or annual fees.

The Shell Saver Card makes organizing family budgets easier by using one card that lists all Shell fuel purchases and offers cardholders earnings every time it is used, allowing consumers to get the most out of every drop of Shell Nitrogen Enriched Gasolines.

From gasoline cards to credit cards, the Shell Family of Cards addresses the diverse financial needs of today’s consumers with a range of payment options. For more information about the Shell Saver Card and the Shell Family of Cards or to apply instantly, visit www.shell.us/cards.

About Penske Racing

Penske Racing is one of the most successful teams in the history of professional sports. Competing in a variety of disciplines, cars owned and prepared by Penske Racing have produced 364 major race wins, 423 pole positions and 24 National Championships, including the 2012 NASCAR Sprint Cup Series title. The team has also earned a record 15 Indianapolis 500 victories in its storied history. For more information about Penske Racing, please visit www.penskeracing.com .

INQUIRIES:

Shell Oil Company   Shell Media Line          +1 (713) 241-4544

Cautionary Note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them.

These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this press release refer to companies over which Royal Dutch Shell plc  either directly or indirectly has control. Companies over which Shell has joint control are generally referred to “joint ventures” and companies over which Shell has significant influence but neither control nor joint control are referred to as “associates”.

In this press release, joint ventures and associates may also be referred to as “equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect (for example, through our 23% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest. 

This press release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell.

All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements.

Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases.

There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation):

(a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition;

(g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions;

(j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and

(m) changes in trading conditions. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements.

Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2013 (available at www.shell.com/investor and www.sec.gov ). These risk factors also expressly qualify all forward looking statements contained in this press release and should be considered by the reader.  

Each forward-looking statement speaks only as of the date of this press release, April 7, 2014. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.

We may have used certain terms, such as resources, in this press release that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.  U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.