HOUSTON, Aug. 19, 2013 /PRNewswire/ -- Joey Logano, driver of the No. 22 Shell-Pennzoil Ford Fusion, took the checkered flag with Pennzoil technology under the hood on Sunday, which will pay off for Shell $aver Cardholders. The win at Michigan International Speedway (MIS) is the first 2013 points race victory for the Shell-Pennzoil team, which means Shell Saver Cardholders can save at the pump this Wednesday, August 21, as part of the WINsdays promotion. It was also Logano's first win at Michigan and first NASCAR Sprint Cup win for Penske Racing. He became the youngest winner in MIS history by saving enough fuel and taking the lead after a final restart with three laps to go.
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Throughout the season, Shell engineers work closely with the technical team at Penske Racing to develop Pennzoil motor oil formulations to help maximize performance, efficiency and engine reliability with each adjustment contributing to the advancement of the brand's technology.
"Racing oils are one of the few areas of a stock car that can be changed and tweaked race to race. Having access to Pennzoil's knowledge and technology helps to keep our engines clean and maximizes the most performance out of them possible, giving us an advantage over our competition," said Travis Geisler, Director of Competition at Penske Racing.
There are 13 more points races remaining in the 2013 season, giving existing and new Shell Saver Cardholders 13 more chances to win.
In February, Shell and Penske announced the return of the popular WINsday promotion for a third consecutive year. The Wednesday after any win by the No. 22 Ford Fusion in a points race is now known as WINsday because Shell Saver Cardholders can use their card to purchase Shell Nitrogen Enriched Gasolines or Shell Diesel and save 22 cents per gallon!* As always, the savings will be reflected on the cardholder's statement.
And to celebrate the national launch of the Fuel Rewards Network™ (FRN) program, current Shell Saver Cardholders will also have the opportunity to earn a 22 cents-per-gallon savings that will automatically be pre-loaded on their FRN Card for each No. 22 team victory. This is in addition to their Shell Saver Card savings!
For more information about WINsdays, visit www.shell.us/winsday. For more information about the Shell-Pennzoil sponsorship, visit www.shell.us/racing. For more information about Pennzoil motor oil formulations, visit www.Pennzoil.com. For more information about Penske Racing, visit www.penskeracing.com.
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.
* Fuels savings are limited to 25 gallons per vehicle, or limits placed by Shell and/or limits placed on your payment card by your financial institution, each of which may be lower.
About Shell and Pennzoil
Shell is a global group of energy and petrochemical companies with 90,000 employees in more than 80 countries. In the U.S., Shell operates in 50 states and employs more than 20,000 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 and premium gasoline brand[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 the harshest racing environments to gain insight and develop technology that can be used both on-track and in consumers' vehicles. The knowledge Shell gains through these and other alliances help address tomorrow's mobility challenges with efficient solutions that power and protect motorists around the globe.
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 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.
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 in which Royal Dutch Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control are referred to as "associated companies" or "associates" and companies in which Shell has joint control are referred to as "jointly controlled entities". In this press release, associates and jointly controlled entities are also 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 24% 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'', ''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 press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserve 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 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 factors also should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, August 19, 2013. 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 press release. There can be no assurance that dividend payments will match or exceed those set out in this press release in the future, or that they will be made at all.
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 may have used certain terms in this press release that 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, available on the SEC website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.
SOURCE Shell Oil Company
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