Shell Initiates Market Tests of Shell Nitrogen Enriched Diesel

HOUSTON, Jan. 31, 2011 /PRNewswire/ -- Shell Oil Products US today announced a test of Shell Nitrogen Enriched Diesel, extending the company's exclusive "Nitrogen Enriched" advanced cleaning system to diesel. The fuel has been proven to reduce fuel consumption in an extensive test of heavy-duty vehicles and will be available on a trial basis starting January 31, 2011. It will be offered to both commercial as well as retail customers at select points of sale in the Nashville, TN, Baltimore, MD, and Richmond, Norfolk and Virginia Beach, VA areas. Shell Nitrogen Enriched Diesel will only be available to commercial customers in the Atlanta, GA area.

Shell Nitrogen Enriched Diesel is an ultra low sulfur diesel fuel (ULSD) with an exclusive advanced cleaning system that helps protect your diesel engine against performance robbing gunk build-up on fuel injectors with continual use. Gunk build-up can impair optimal fuel flow and can result in increased fuel consumption and associated CO2 emissions.

Shell Nitrogen Enriched Diesel also helps protect investments in both heavy duty commercial and personal light duty vehicles – cars and pickup trucks - alike by guarding against corrosion. Like the Shell-branded ULSD in the market today, Shell Nitrogen Enriched Diesel contains lubricity agents to help prevent fuel pump and injector wear and damage. Anti-gel agents for colder winter climates will also be available where needed.

Additionally, extensive heavy-duty truck fleet trials of Shell Nitrogen Enriched Diesel demonstrated a 4.8% reduction in fuel consumption in more severe stop-and-go city service and a 1.3% reduction in fuel consumption in less severe long-haul highway service as compared to regular ULSD.

According to Jim Macias, a senior fuels technology manager for Shell, "We are very excited about this latest opportunity to test an advanced ultra low sulfur diesel fuel. It is well-suited for the evolving cleaner-burning diesel fuel market demand because Shell Nitrogen Enriched Diesel is designed for use in both traditional as well as new ultra-clean diesel engines with advanced emission controls. Additionally, the exclusive 'Nitrogen Enriched' advanced cleaning system is also fully compatible with biodiesel blends, which positions Shell to supply a high-quality product to help fill the growing demand for renewable fuels."

Motorists will soon notice signage and point-of-purchase materials at stations participating in the Shell Nitrogen Enriched Diesel test. Additionally, Shell Customer Care is available at 1-(888) 467-4355 to provide motorists with a list of participating sites. Commercial customers in these areas that are not currently participating may contact the Shell Business Solutions Center at 1-866-447-4355 to express interest.

Shell Nitrogen Enriched Diesel is the latest example of the company's ongoing commitment to offer reliable supply of high quality fuels at competitive prices to business and retail consumers. The fuel portfolio is supported by a robust Shell family of business and consumer cards that addresses the diverse financial needs of today's commercial fleet owners and motorists with a range of payment options designed to help get the most out of every drop of gasoline.  

Shell Oil Products US, a subsidiary of Shell Oil Company, is a leader in the refining, transportation and marketing of fuels, and has a network of approximately 6,100 branded gasoline stations in the Western United States. Shell Oil Company is an affiliate of the Shell Group [(NYSE: RDS.A) and (NYSE: RDS.B)].

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 100 countries with businesses including oil and gas exploration and production; production and marketing of Liquefied Natural Gas and Gas to Liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects including wind and solar power. For further information, visit www.shell.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 34% 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 Group'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 potential litigation and regulatory effects arising from recategorisation of reserves; (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, 2008 (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, January 31, 2011. 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.

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 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 Products US

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