Shell at a glance

Shell in the Philippines

Shell’s businesses in the Philippines

Shell companies in the Philippines (SciP) represents various entities operating in the following: (1) Downstream business through Shell Pilipinas Corporation or SPC, (2) Business Operations through our SBO Manila centre and, more recently, in the (3) New Energies space through Shell Energy Philippines, Inc. Commencing its operations in 1914, SciP has grown to be one of the Philippines’ largest investors, directly employing more than 5,000 people nationwide.

Shell Pilipinas Corporation (SPC)

Shell Pilipinas Corporation (SPC, Shell Pilipinas , or the Company) is primarlity engaged in the importation and marketing of gasoline, diesel, jet fuel, fuel oil, lubricants, bitumen and other petroleum products.

Our mobility network continues to expand, with around 1,100 mobility sites catering to motorists nationwide. We also provide non-fuel retail offerings through our fast-growing network of service centers, Shell Select convenience stores, and deli2go outlets nationwide.

We have an integrated supply chain composed of 24 fuel terminals and supply points, 10 lubricant warehouses, two specialities facilities, and three import facilities.

Visit Shell Pilipinas Corporation (SPC) website

Shell Business Operations - Manila (SBO-Manila)

SBO Manila continues to provide professional support to our various Shell operations around the globe. Since its commencement in 2004, the company has grown from less than 50 staff to, currently, more than 4000 employees. Its expansion is testimony to the Filipino professionals’ world-class service and a significant contribution to the Shell Group’s operational excellence. SBO Manila is supporting over 150 Shell companies, in more than 50 countries, supporting about 28,000 Shell Staff worldwide, offering 7 different language support. Around 50% of its workforce is comprised of Finance & Data professionals, however, it also has teams and individual contributors who are part of Shell’s other major businesses and functions in Downstream, HR & Corporate, Contracts & Procurement and Projects & Technology.

Pilipinas Shell Foundation, Inc. (PSFI)

Established in 1982, PSFI is an independent non-profit organisation that implements social investment projects in the country designed to help underserved communities become more productive and responsible members of society. PSFI has benefited more than 15 million people all over the country through its community development programmes.

More about PSFI

Shell worldwide

Shell worldwide

Royal Dutch Shell was formed in 1907, although our history can be traced back to the first half of the 19th century.

Our headquarters are in The Hague, the Netherlands, and our Chief Executive Officer is Ben van Beurden. The parent company of the Shell group is Royal Dutch Shell plc, which is incorporated in England and Wales.

Our strategy is to strengthen our position as a leading energy company by providing oil and gas and low-carbon energy as the world’s energy system changes. Safety and social responsibility are fundamental to our business approach.

Read about our history from 1833 to the present

Our purpose

Shell's purpose is to power progress together with more and cleaner energy solutions. We believe that rising standards of living for a growing global population are likely to continue to drive demand for energy, including oil and gas for years to come. At the same time, technology changes and the need to tackle climate change means there is a transition underway to a lower-carbon, multisource energy system.

Against this backdrop, we have the following strategic ambitions:

  • to provide a world-class investment case. This involves growing free cash flow and increasing shareholder returns, all built upon a strong financial framework and resilient portfolio;
  • to thrive in the energy transition by responding to society’s desire for more and cleaner, convenient and competitive energy; and
  • to sustain a strong societal licence to operate and contribute to society through a shared value approach to our activities.

Our ability to achieve our strategic ambitions depends on how we respond to competitive forces. We continuously assess the external environment – the markets as well as the underlying economic, political, social and environmental drivers that shape them – to evaluate changes in competitive forces and business models.

We continuously seek to improve our operating performance, with an emphasis on health, safety, security, environment and asset performance.

Our people

Our people are essential to the successful delivery of the Shell strategy and to sustaining business performance over the long term. Performing competitively in the evolving energy landscape requires competent and empowered people working safely together.

A diverse workforce and an inclusive work environment are vital to our success, leading to greater innovation and better energy solutions. We believe that diverse teams led by inclusive leaders deliver better safety and business performance.

Find out about diversity and inclusion at Shell

Learn more about careers with Shell

Shell at a glance in 2018

70+ countries we operate in

82,000 employees on average

71 million tonnes of LNG sold during the year

21 refineries we have interests in

3.7 million barrels of oil equivalent we produce per day

Financial performance in 2018

Revenue: $388.4 billion

Income: $23.9 billion

Capital investment: $24.8 billion

Investment in research and development: $986 million

Fast facts for sustainable development in 2018

$113 million was spent on voluntary social investment worldwide. Of this:

  • $47 million was spent on local programmes for community development, disaster relief, education, road safety, health and biodiversity.
  • $66 million was in line with our global themes – access to energy, community skills, enterprise development and science, technology, engineering and maths (STEM) education.

We estimate that around $102 million of our total social investment spend in 2017 was in countries that are part of the United Nations Development Programme’s Human Development Index 2016. These countries have a gross domestic product of less than $15,000 a year per person. Significant support is also provided in the form of voluntary work by Shell employees and donations of equipment.

CORPORATE HISTORY AND MILESTONES

Shell Pilipinas traces its roots to Asiatic Petroleum Company (Philippine Islands), Ltd. which opened for business in the Philippines and began to import and sell motor gasoline and kerosene in 1914. Asiatic Petroleum Company (Philippine Islands) Ltd. was renamed The Shell Company of the Philippine Islands, Ltd. in the 1940s.

In 1959, Shell Pilipinas was incorporated under the name The Shell Refining Company (Philippines), Inc. in compliance with the then required percentage of Filipino ownership (25%) in large industrial ventures. In 1970, Shell Pilipinas was renamed Shell Philippines, Inc. and was later renamed Pilipinas Shell Petroleum Corporation in 1973.

In 1976, Meralco Securities Corporation acquired 25% stake in the Company resulting in the Company being 50% owned.

In February 1987, the Filipino ownership in the Company decreased to 33.33% after a share buyback by the Company of Meralco Securities Corporation’s stake in the Company. In August 2015, the Filipino ownership in the Company decreased to 31.82% following the issuance of additional shares pursuant to a stock rights offering.

On March 16,2023, the company secured approval from the Securities and Exchange Commission to change its name. The Company changed its corporate name from Pilipinas Shell Petroleum Corporation to Shell Pilipinas Corporation (SPC) marking the energy company’s vital role in the energy transition. This change signifies that SPC goes beyond petroleum and will deliver more options to its consumers to provide sustainable and cleaner energy solutions to the country. Shell Pilipinas Corporation | Shell Philippines

Certain key dates and milestones for Shell Pilipinas business are set forth below.

collage of shell pilipinas

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