25p 1930 Shell Retail Station
25p 2014 Shell Retail Station
25p 1960 Shell Tabangao Refinery
25p 2014 Shell Tabangao Refinery
Miniature Sheets of 8
Designer: Pilipinas Shell
Layout Artist: Victorino Z. Serevo
First Day Covers: Manila & Makati
PILIPINAS SHELL (SHELL PHILIPPINES)
100 YEARS OF HELPING FUEL PROGRESS
Shell's corporate presence in the Philippines
dates back to 1914 when Shell organized a trading office in the
Philippines. Business then largely involved the importation and sale
of kerosene mainly for household use in Manila and outlying areas.
By 1940, spurred by the growing Philippine
economy, a sizeable range of Shell products was being sold to more
areas in the Philippines through installations and depots set up in
strategic points throughout the country.
In 1960, Shell built its
first crude refinery in Tabangao, Batangas, which commenced
operations in 1962. This made Shell a complete downstream business
engaged not only in trading, transport and distribution, but also in
the manufacture and refining of petroleum products.
The birth of the refining era
was accompanied by further business expansion.
interests in the marketing of
chemicals and crop protection products to support the fast growth in
the agricultural sector during the 1960s.
In the late 1970s, Shell began its involvement
in upstream activities (oil and gas exploration and production) to
reduce the country's dependence on imported oil. To meet the rising
demand for liquefied petroleum gas (LPG) in Asia, Shell began in the
early 1980s the construction of a refrigerated LPG terminal that
would supply domestic LPG needs of the Philippines and its Asian
neighbours. The first of its
kind in Asia, Shell's refrigerated LPG terminal began operations in
In the conduct of its business, Shell has always
been conscious of its obligations to society. In 1982, Shell formed
the Pilipinas Shell Foundation, Inc. to begin its direct
participation in social development through
industrial and agricultural skills training, livelihood and
entrepreneurship training, promotion of science and technology
education, and other community development programs around Shell
work sites. The foundation has helped make a brighter future for
thousands of out-of-school youths, farmers, students, military
dependents and other disadvantaged segments of society. In 1986,
Pilipinas Shell took over majority ownership of Philippine Petroleum
Corporation, the country's only lube oil refinery.
In 1990, Shell Philippines Exploration B.V.
(SPEX) signed a service contract with Occidental Philippines Inc. to
invest in oil and gas exploration in offshore Northwest Palawan.
Using state-of-the-art technology in one of the deepest waters in
the world, the joint venture discovered significant oil and gas
reserves in the Malampaya/Camago field. Further strengthening its
commitment to meet the country's increasing fuel needs, Pilipinas
Shell began in 1993 the
construction of a bigger and more modern refinery adjacent to its
existing facility in Tabangao.
Completed in 1995, the 110,000 barrels per day
refinery boosted Shell's refining capacity to 155,000 barrels per
day, becoming Pilipinas Shell's share in helping the country move
forward to a better future as envisioned in the government's
Philippines 2000 program. The new refinery enables Pilipinas Shell
to produce petroleum products which are more responsive to the needs
of the country and the environment. Its energy-efficient processing
facility enables it to produce more middle distillates to augment
the country's diesel fuel requirements. The new refinery is also
capable of producing unleaded gasoline and low sulphur diesel.
This 1998, SPEX begins the development and
construction of the Malampaya field for the commercial production of
natural gas in the country by the year 2002. The gas-to-power
project is seen as the largest and most significant investment in
the history of Philippine business, with a total financing
requirement of approximately US$2.0 billion. It is expected to
generate a substantial income for the Philippine government over the
life of the field, reduce reliance on imported fuels from 20% to
30%, and provide an alternative environment-friendly fuel for power