Shell Technology Under The Hood Scores Logano Win On 300th Start

"We executed under pressure today and came home to the winner's circle with my team and our sponsors," said Logano. "2016 was a very successful season for our team, and we've been working hard with our technical partners like Shell and Pennzoil in the offseason to get ready for 2017. It's definitely a team effort this weekend that got us our 450^th win for Team Penske on Saturday with Simon [Pagenaud]'s IndyCar victory and 451 at Richmond."

Logano continues to prove his worth for Team Penske and the Shell-Pennzoil team. Logano has won 16 Monster Energy NASCAR Cup Series races since joining Team Penske and Shell-Pennzoil in 2013 and delivered Shell-Pennzoil their second Daytona 500 Championship in 2015. With a strong start to the 2017 season, Logano continues to hold his place as one of the sport's true stars and a force to be reckoned with.

On Friday, February 24, Shell and Team Penske announced an extension of their ongoing business, technical and motorsport alliance that will extend beyond the year 2022. As part of the agreement, Shell and Pennzoil will continue sponsoring Team Penske entries in the Monster Energy NASCAR Cup Series and the Verizon IndyCar Series through the 2022 season and beyond. Logano and his crew chief, Todd Gordon, were also part of that agreement and extension. Shell and Pennzoil will also continue to be the preferred supplier of fuels, lubricants and related products to the Penske organization.

"We're really excited to see this win for Joey and Team Penske," said Vatsal Shah, General Manager of Lubricants Technology for Pennzoil. "Working hand-in-hand with Team Penske, Shell scientists work year-round to optimize the special formulation of Pennzoil racing oil that Logano uses in the No. 22 Shell-Pennzoil Ford Fusion. That work is critical to maximizing performance and engine reliability. We are developing the next generation of high quality products for customers, and the knowledge gained through our work at the track is enabling us to do just that!"

The Pennzoil race oil in the No. 22 car is formulated using leading Pennzoil technology to fully enhance the benefits of the additives in the full line of Pennzoil motor oils. In addition to blending a unique formulation for the Ford engine from week to week, Shell scientists also tailor high performance lubricants for the Team Penske gearbox.

"We really couldn't do what we do without the relationship we have with the scientists and everyone at Shell," said Travis Geisler, Director of Competition at Team Penske. "When we ask to get something out of the motor oil that we put in our engines each and every week, they do whatever it takes to give us optimum performance, efficiency and reliability. It is that unique relationship that goes just beyond having their name on the side of our car that makes what we do possible."

In fact, Shell Technology powered podium finishes across NASCAR, IndyCar, Formula One and NHRA series over the weekend. Logano's 2017 Toyota Owners 400 win brings Team Penske a historic 1-2 finish at both Richmond and in IndyCar at Phoenix for a total combined 451 wins, 517 pole positions and 29 national championships. Beginning as Roger Penske Racing in 1966, competing in sports car and endurance events, Team Penske has grown into one of the most successful racing teams – and sports teams - in the world with more than 80 drivers who have turned a lap in competition for Team Penske.

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 Team Penske, visit www.teampenske.com. 

About Shell and Pennzoil
Shell Oil Company is an affiliate of the Royal Dutch 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 20,000 people working 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 premium gasoline, Shell V-Power NiTRO+ Premium Gasoline, No. 1 selling gasoline, Shell Nitrogen Enriched Gasolines, and Pennzoil®, the best-selling, most trusted and preferred motor oil brand in America.

Shell's motorsports technical alliances around the world provide a testing ground for fuel and lubricant technologies and products in demanding road conditions. The knowledge Shell and Pennzoil gain through these alliances help address tomorrow's world mobility energy challenge with efficient solutions that power and protect motorists around the globe. http://www.shell.com http://www.shell.us http://www.pennzoil.com

About Team Penske
Team Penske is one of the most successful teams in the history of professional sports and celebrated its 50th Anniversary in 2016. Cars owned and prepared by Team Penske have produced more than 440 major race wins, over 500 pole positions and 29 National Championships across open-wheel, stock car and sports car racing competition. In its storied history, the team has also earned 16 Indianapolis 500 victories, two Daytona 500 Championships, a Formula 1 win and overall victories in the 24 Hours of Daytona and the 12 Hours of Sebring. Team Penske currently competes in the Verizon IndyCar Series, the Monster Energy NASCAR Cup Series and NASCAR XFINITY Series. The team also races in the Virgin Australia Supercars Championship, in a partnership with Dick Johnson Racing, as DJR Team Penske. For more information about Team Penske, please visit www.teampenske.com.

Cautionary Note
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This 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'', ''goals'', ''intend'', ''may'', ''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 Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this 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, 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 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 Royal Dutch Shell's 20-F for the year ended December 31, 2016 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward looking statements contained in this release and should be considered by the reader.  Each forward-looking statement speaks only as of the date of this release, 1 May 2017. Neither Royal Dutch 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 release.

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SOURCE Shell Oil Company

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