Shell Launches New and Improved V-Power® NiTRO+ Premium Gasoline at New York City Event

HOUSTON, May 12, 2023 /PRNewswire/ -- Today, Equilon Enterprises LLC, dba Shell Oil Products US ("Shell") announced the official launch of its new and improved formulation of their Shell V-Power® NiTRO+ Premium Gasoline. This performance fuel removes up to 100%* of performance-robbing deposits to rejuvenate your engine's performance.*

Shell V-Power® NiTRO+ Premium Gasoline features unique deposit-eradicating technology that targets and destroys deposits in the fuel injector, one of the most critical parts of the engine, and protects against future build-up.* Consumers can fuel up like the pros, as the Shell V-Power® race fuel used by Scuderia Ferrari contains many of the same type of compounds as Shell V-Power® road fuels available to customers worldwide.

"When developing a fuel focused on performance, we wanted to concentrate on the fuel injector – the area where performance lives or dies," said Selda Gunsel, PhD, Vice President of Fuels and Lubricants Technology. "Tackling this challenge was an exciting opportunity for us to provide our customers with a fuel that helps their engines achieve the maximum performance and protection benefits."

In celebration of the new performance fuel, Shell hosted a launch event at New York City's Lavan 641, led by opening remarks from Barbara Stoyko, Senior Vice President of Mobility for Shell Americas and Lisa Carr, General Manager of Mobility Marketing. Their presentation included data from a new Shell consumer report exploring consumer perceptions and trends in performance.

"The new Shell V-Power® NiTRO+ is our highest-performing fuel yet," said Stoyko. "We set out on the journey because we know our customers care about driving their vehicles with fuel that helps keep their engines in peak performance."

Attendees had the opportunity to experience a panel discussion moderated by NBC Sunday Night Football broadcaster Melissa Stark with high-performing individuals across various industries in fuel science, racing and sports, including five-time World Series champion and National Baseball Hall of Fame inductee Reggie Jackson, Olympic gold medal skier Lindsey Vonn, and F1 test driver and 24 Hours of Le Mans winner Marc Gené.

The new formulation of V-Power® NiTRO+ Premium Gasoline is available at all of Shell's nearly 13,000 stations nationwide. For more information, please visit https://www.shell.us/vpower.

*In gasoline direct injection engine fuel injectors with continuous use of Shell V-Power® NiTRO+ Premium Gasoline.

About Shell 
Shell Oil Products US is an affiliate of Shell plc, a global group of energy and petrochemical companies with operations in more than 70 countries. In the U.S., Shell operates in 50 states and employs more than 12,000 people working to help tackle the energy challenges of the future. 

Inquiries 
To submit an inquiry to Media Relations, visit https://shell.us/media.

Cautionary Note 
The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this press release "Shell", "Shell Group" and "Group" are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words "we", "us" and "our" are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this press release refer to entities over which Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively. "Joint ventures" and "joint operations" are collectively referred to as "joint arrangements".  Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". The term "Shell interest" is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

Forward-Looking Statements 
This press release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of 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 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 "aim", "ambition", ''anticipate'', ''believe'', ''could'', ''estimate'', ''expect'', ''goals'', ''intend'', ''may'', "milestones", ''objectives'', ''outlook'', ''plan'', ''probably'', ''project'', ''risks'', "schedule", ''seek'', ''should'', ''target'', ''will'' and similar terms and phrases. There are a number of factors that could affect the future operations of 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 Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves 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, judicial, 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; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. 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 risk factors that may affect future results are contained in Shell plc's Form 20-F for the year ended December 31, 2022 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader.  Each forward-looking statement speaks only as of the date of this press release, May 12, 2023. Neither Shell plc 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.

SOURCE Shell Oil Products US

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