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Shell Canada Limited is the subsidiary of Europe
Europe

Europe is, conventionally, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally divided from Asia to its east by the water divide of the Ural Mountains, the Ural , the Caspian Sea, and by the Caucasus Mountains to the southeast....
-based Royal Dutch Shell
Royal Dutch Shell

Royal Dutch Shell public limited company, commonly known simply as Shell, is a multinational corporation oil company of Netherlands and United Kingdom origins....
 and one of Canada
Canada

Canada is a country occupying most of northern North America, extending from the Atlantic Ocean in the east to the Pacific Ocean in the west and northward into the Arctic Ocean....
's largest integrated oil companies. Exploration and production
Upstream

In geography, upstream literally means "towards the source , or against the normal direction of water flow.Upstream may also refer to:...
 of oil
Petroleum

Petroleum or crude oil is a naturally occurring, flammable liquid found in rock formations in the Earth consisting of a complex mixture of hydrocarbons of various molecular weights, plus other organic compounds....
, natural gas
Natural gas

Natural gas is a gas consisting primarily of methane. It is found associated with fossil fuels, in coal beds, as methane clathrates, and is created by methanogenic organisms in marshes, bogs, and landfills....
 and sulphur is a major part of its business
Business

A business is a legally recognized organization designed to provide good s and/or Service to consumers. Businesses are predominant in capitalism economies, most being privately owned and formed to earn profit that will increase the wealth of its owners....
, as well as the marketing
Downstream

The term downstream has several possible meanings:In geography, downstream means literally away from the source of a stream or river, and in meteorology, away from the source of an air parcel or mass, along the normal direction of water or air flow....
 of gasoline
Gasoline

File:GasCan.jpgGasoline or petrol is a petroleum-derived liquid mixture, primarily used as fuel in internal combustion engines.It consists mostly of aliphatic hydrocarbons, enhanced with iso-octane or the aromatic hydrocarbons toluene and benzene to increase its octane rating....
 and related products
Product (business)

The noun product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce from the Latin produce, lead or bring forth....
 through the company's approximately 1,800 stations across Canada. The corporation's head offices are in Calgary
Calgary

Calgary is the largest city in the province of Alberta, Canada. It is located in the south of the province, in an area of foothills and High Plains, approximately east of the front ranges of the Canadian Rockies....
.

l Canada is part of the Royal Dutch Shell
Royal Dutch Shell

Royal Dutch Shell public limited company, commonly known simply as Shell, is a multinational corporation oil company of Netherlands and United Kingdom origins....
 Group, but its shares were originally independently traded on the Toronto Stock Exchange
Toronto Stock Exchange

The Toronto Stock Exchange or is the largest stock exchange in Canada, the third largest in North America and the List of stock exchanges by market capitalization....
.






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Shell Canada Limited is the subsidiary of Europe
Europe

Europe is, conventionally, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally divided from Asia to its east by the water divide of the Ural Mountains, the Ural , the Caspian Sea, and by the Caucasus Mountains to the southeast....
-based Royal Dutch Shell
Royal Dutch Shell

Royal Dutch Shell public limited company, commonly known simply as Shell, is a multinational corporation oil company of Netherlands and United Kingdom origins....
 and one of Canada
Canada

Canada is a country occupying most of northern North America, extending from the Atlantic Ocean in the east to the Pacific Ocean in the west and northward into the Arctic Ocean....
's largest integrated oil companies. Exploration and production
Upstream

In geography, upstream literally means "towards the source , or against the normal direction of water flow.Upstream may also refer to:...
 of oil
Petroleum

Petroleum or crude oil is a naturally occurring, flammable liquid found in rock formations in the Earth consisting of a complex mixture of hydrocarbons of various molecular weights, plus other organic compounds....
, natural gas
Natural gas

Natural gas is a gas consisting primarily of methane. It is found associated with fossil fuels, in coal beds, as methane clathrates, and is created by methanogenic organisms in marshes, bogs, and landfills....
 and sulphur is a major part of its business
Business

A business is a legally recognized organization designed to provide good s and/or Service to consumers. Businesses are predominant in capitalism economies, most being privately owned and formed to earn profit that will increase the wealth of its owners....
, as well as the marketing
Downstream

The term downstream has several possible meanings:In geography, downstream means literally away from the source of a stream or river, and in meteorology, away from the source of an air parcel or mass, along the normal direction of water or air flow....
 of gasoline
Gasoline

File:GasCan.jpgGasoline or petrol is a petroleum-derived liquid mixture, primarily used as fuel in internal combustion engines.It consists mostly of aliphatic hydrocarbons, enhanced with iso-octane or the aromatic hydrocarbons toluene and benzene to increase its octane rating....
 and related products
Product (business)

The noun product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce from the Latin produce, lead or bring forth....
 through the company's approximately 1,800 stations across Canada. The corporation's head offices are in Calgary
Calgary

Calgary is the largest city in the province of Alberta, Canada. It is located in the south of the province, in an area of foothills and High Plains, approximately east of the front ranges of the Canadian Rockies....
.

Stock acquisition by Royal Dutch Shell

Shell Canada is part of the Royal Dutch Shell
Royal Dutch Shell

Royal Dutch Shell public limited company, commonly known simply as Shell, is a multinational corporation oil company of Netherlands and United Kingdom origins....
 Group, but its shares were originally independently traded on the Toronto Stock Exchange
Toronto Stock Exchange

The Toronto Stock Exchange or is the largest stock exchange in Canada, the third largest in North America and the List of stock exchanges by market capitalization....
. 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. This acquisition was primarily driven by the desire to take a larger stake in unconventional resources, specifically the oil sands. The move was unanimously approved by the independent members of the Board of Directors. In 2003 Royal Dutch Shell had appointed a British executive, and former Chairman of Shell in the UK, Clive Mather
Clive Mather

Clive Mather is the Chairman of the evangelical Christian charity Tearfund. He is also the Chairman of Iogen Corporation, a Canadian company speacialising in enzyme technology and a producer of cellulsic ethanol....
, as president and CEO of Shell Canada.

As a consequence of the stock acquisition by Royal Dutch Shell, all Shell Canada executives holding stock options benefitted. Shell Canada announced on Mr Mather’s retirement from the company shortly after the acquisition was completed that his total pay package for his final year (2007-07) was $4.9-million Including bonuses, stock options and pension contributions and that on leaving the company, Mr. 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, making him one of the highest remunerated employees in Royal Dutch Shell
Royal Dutch Shell

Royal Dutch Shell public limited company, commonly known simply as Shell, is a multinational corporation oil company of Netherlands and United Kingdom origins....
.

Management and employees

Shell7722
Current members of the board of directors
Board of directors

A board of directors is a body of elected or appointed persons who jointly oversee the activities of a company or organization. The body sometimes has a different name, such as board of trustees, board of governors, board of managers, or executive board....
 of Shell Canada Limited are: Robert Routs- Chair, Brian Straub - President, Greg Guidry, Frits Eulderink, John Abbott, Dwight van Kampen and David Brinley.

In October 2008, Shell Canada Limited was named one of "Canada's Top 100 Employers
Canada's Top 100 Employers

Canada's Top 100 Employers is an annual competition that recognizes the best places in Canada to work. First held in 1999, the project aims to single out the employers that lead their industries in offering exceptional working conditions and progressive human resources policies....
" by Mediacorp Canada Inc., and was featured in Maclean's
Maclean's

Maclean's is a Canada weekly news magazine, reporting on Canadian issues such as politics, pop culture, and current events....
 newsmagazine. Later that month, Shell Canada was also named one of Alberta's Top Employers
Alberta's Top Employers

Alberta's Top Employers is a competition that recognizes the best workplaces in Alberta. Published annually since October 2005, the designation recognizes the Alberta employers that lead their peers in providing exemplary employee benefits and forward-thinking human resource programs....
, which was announced by the Calgary Herald
Calgary Herald

The Calgary Herald is a daily newspaper published in the Canada city of Calgary, Alberta....
 and the Edmonton Journal
Edmonton Journal

The Edmonton Journal is a daily newspaper in Edmonton, Alberta. It is part of the CanWest News Service division of CanWest Global Communications....
.

See also

  • Canadian Environment Awards
    Canadian Environment Awards

    The Canadian Environment Awards were established in 2002 through a partnership between the Government of Canada and Canadian Geographic Enterprises....


External links


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