Shell Oil Co. - $2,000,000 Denominated 1978 dated Oil Bond

$2,000,000 8 1/2% Bond printed by American Bank Note Company.

Shell Oil Company, a wholly owned subsidiary of Royal Dutch Shell, a transnational corporation known as an “oil major” with Anglo-Dutch origins, is one of the world’s largest oil companies. Headquartered in Houston, Texas, the company employs approximately 80,000 people in the United States. Bruce Culpepper, a graduate of the University of Alabama, serves as the current president.

Shell Oil Company, along with its consolidated companies and its share in equity companies, is a significant player in the American oil and natural gas industry. It is a leading producer of oil and natural gas, a marketer of gasoline and natural gas, and a petrochemical manufacturer.

Shell’s market leadership is evident through its approximately 25,000 Shell-branded gas stations across the United States, which serve as its most prominent public presence. These gas stations offer diesel fuel, gasoline, and liquefied petroleum gas (LPG).

In the past, Shell Oil Company was a 50/50 partner with the Saudi Arabian government-owned oil company Saudi Aramco in Motiva Enterprises, a joint venture that focused on refining and marketing petroleum products. However, Shell is currently divesting its interest in Motiva.

Shell’s product offerings include a wide range of petroleum products, such as oils, fuels, and car services. The company also engages in exploration, production, and refining of these products. Notably, the Shell Oil Refinery in Martinez, California, holds the distinction of being the first Shell refinery in the United States. This refinery supplies Shell and Texaco stations in the West and Midwest regions.