United StatesUNITED STATES

Country SelectorContact Us

Jump menu


Secondary Navigation | back to top

Main content |  back to top


News and Media Releases

New CEO of Motiva

01/10/2008

Bob Pease, former President of Shell Trading (US) Company, has been named President and CEO of Motiva Enterprises LLC, a refining and marketing joint venture owned by affiliates of Shell and Aramco Services. He replaces Bill Welte, who will retire November 1.

Since 2004 Bob has been President of Shell Trading (US) Company, one of the world’s largest energy trading companies, buying and selling more than 6 million barrels of hydrocarbons each day. He was responsible for Shell’s oil trading business in the United States, as well as a majority of Shell’s worldwide trading operations in both oil and gas.

With almost 30 years in the industry, Bob's experience encompasses all facets of the US downstream business, and he offers a global perspective from his years in supply and trading and his involvement in three joint venture companies. Bob earned a BS in chemical engineering and a minor in economics from Rose-Hulman Institute of Technology.


Bill has served as Motiva President and CEO since 2004. He joined the company in July 1998 and was named General Counsel in 2000. Before joining Motiva, Bill served as General Attorney for Aramco Services Company starting in 1982. Bill has a JD from DePaul University College of Law and a bachelor of science in Civil Engineering from Illinois Institute of Technology.

About Motiva Enterprises LLC
Headquartered in Houston, Texas, Motiva Enterprises LLC is a refining and marketing joint venture owned by affiliates of Shell and Saudi Aramco. Motiva’s marketing operations support a network of more than 8,000 Shell-branded gasoline stations in the eastern and southern United States.

Company assets include three refineries located in Norco, Louisiana; Convent, Louisiana; and Port Arthur, Texas, currently capable of refining approximately 740,000 barrels per day, and ownership or partial interests in 41 product terminals. More information is available at www.motivaenterprises.com.


INQUIRIES:
Shell   +1 (713) 241-4544
Aramco Services +1 (713) 432-4190

Disclaimer statement:

This announcement 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’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘probably’’, ‘‘project’’, ‘‘will’’, ‘‘seek’’, ‘‘target’’, ‘‘risks’’, ‘‘goals’’, ‘‘should’’ 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 Report, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market 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 potential litigation and regulatory effects arising from recategorisation of reserves; (k) economic and financial market conditions in various countries and regions; (l) political risks, project delay or advancement, approvals and cost estimates; and (m) changes in trading conditions.

All forward-looking statements contained in this presentation 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. Each forward-looking statement speaks only as of the date of this presentation, May 4, 2006.

Neither Royal Dutch Shell 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 document.

The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions.

We use certain terms in this document, such as “oil in place" that the SEC's guidelines strictly prohibit us from including in filings with the SEC.  U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575 and disclosure in our Forms 6-K 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.