Shell is one of the leading businesses in the Philippines. With over a century of successful business presence in the country, it is comprised of refinery, marketing and upstream operations, as well as the delivery of Shell business solutions to the world.
Shell in the Philippines
Shell’s businesses in the Philippines
The Shell companies in the Philippines (SciP) include various companies operating in oil and gas exploration, production, oil refining, distribution and sales to consumers. SciP started its operations in 1914, and has grown to be one of the Philippines’ largest investors, employing over 3,000 people nationwide.
Pilipinas Shell Petroleum Corporation (PSPC)
PSPC refines, blends, transports and sells a wide range of high quality fuels, lubricants, bitumen and other specialty oil-based products. It operates a refinery with a rated capacity of approximately 110,000 bpd and over 960 retail stations nationwide.
Shell Philippines Exploration B.V. (SPEX)
SPEX is at the forefront of the country’s oil and gas exploration activities, operating the Malampaya Deepwater Gas-to-Power Project on behalf of the Department of Energy and its partners (Chevron Malampaya LLC and the Philippine National Oil Company - Exploration Corporation).
Shell Business Operations - Manila (SBO-Manila)
SBO-Manila provides processing services related to finance, human resources, procurement, customer service and other business needs to Shell companies around the world. SBO-Manila has grown from less than 50 staff in 2004 to more than 2,000 employees in 2009, making it the biggest of six Shell Business Operations across the globe. Its expansion is testimony to the Filipino professionals’ world-class service and a significant contribution to the Shell Group’s operational excellence.
SBO-Manila provides support services to various Shell businesses in Europe, North America and Asia, allowing Shell to have a more cost-effective way of operating while ensuring quality standards are maintained for these critical support services.
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 disadvantaged people become more productive and responsible members of society. PSFI has benefited nearly 2 million people all over the country through its community development programmes.
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.
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 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.
Shell at a glance in 2017
70+ countries we operate in
86,000 employees on average
66 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 2017
Revenue: $305.2 billion
Income: $13.4 billion
Capital investment: $24 billion
Investment in research and development: $922 million
Fast facts for sustainable development in 2017
$111 million spent on voluntary social investment worldwide. Of this:
- around $54 million spent on local programmes for community development, disaster relief, education, road safety, health and biodiversity.
- around $57 million spent on our global themes - energy access, boosting local skills and enterprise and STEM education.
We estimate that almost $107 million of our total social investment spend in 2017 was in countries that are part of the United Nations Development Programme 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.