Shell Subsidiaries, Coral Energy Holding, L.P. and Coral Energy Canada Inc. Renamed as Shell Energy North America

    HOUSTON, Sept. 10 /PRNewswire/ -- Royal Dutch Shell plc (Shell) today
 announced that, effective October 1, 2007, its wholly owned subsidiary,
 Coral Energy Holding, L.P., will change its name to Shell Energy North
 America (US), L.P. and Coral Energy Canada Inc. will change its name to
 Shell Energy North America (Canada) Inc.
     Both companies will do business as Shell Energy North America in their
 respective countries. All other Coral Energy companies -- including but not
 limited to Coral Energy Resources, L.P.; Coral Power, L.L.C.; and Coral
 Energy Management, LLC -- will continue to operate as subsidiaries of Shell
 Energy North America (US), L.P. All existing contracts written under the
 Coral Energy Holding, L.P. and Coral Energy Canada Inc. company names will
 be unaffected by the name change and, in the U.S., all Coral Energy
 subsidiaries will continue operation as subsidiaries of Shell Energy North
 America (US), L.P.
     The new names clearly identify the companies as subsidiaries of Shell,
 one of the world's most recognized and trusted brands.
     "Approximately two years ago, Shell became the sole owner of Coral
 Energy. Changing our name was a natural progression from the buyout to more
 clearly illustrate our relationship to Shell and the Shell brand," said
 Mark Hanafin, president and chief executive officer of Shell Energy North
 America.
     "Our companies have always operated according to Shell's recognized
 business principles and operational excellence, and have accessed Shell's
 vast resources and knowledge pool to satisfy customers' needs since their
 inception in the mid-90s. However, we wanted to make sure it was clear to
 everyone that there was a direct connection," said Hanafin.
     As Shell Energy North America, the company will continue serving its
 customers, including commercial and industrial users, major retailers,
 local gas distribution companies, utilities, independent power producers,
 retail energy aggregators and oil and gas companies, by providing
 comprehensive energy solutions. Its success can be linked to its ongoing
 ability to provide customers with a diverse network of supply supported by
 a host of flexible and integrated marketing, trading, risk management and
 asset management tools and services.
     Headquartered in Houston with regional offices throughout the U.S. and
 Canada, Coral Energy Holding, L.P., which will become Shell Energy North
 America effective October 1, 2007, is a wholly owned subsidiary of Royal
 Dutch Shell plc (Shell) and operates throughout North America as an
 integral part of the Shell global trading network. A leader in North
 American gas and power marketing, the company trades and markets natural
 gas, wholesale power and risk management products with counterparties and
 customers throughout the region. As a part of Shell, Coral Energy Holding,
 L.P. (to be renamed Shell Energy North America effective October 1, 2007)
 leverages Shell's resources, global reach, employee expertise and financial
 strength to offer integrated and custom solutions to a variety of
 customers, including large commercial and industrial users, local gas
 distribution companies, electric utilities, independent power producers,
 energy aggregators, and oil and gas producers.
     Shell Oil Company, including its consolidated companies and its share
 in equity companies, is one of America's leading oil and natural gas
 producers, natural gas marketers, gasoline marketers and petrochemical
 manufacturers. Shell, a leading oil and gas producer in the deepwater Gulf
 of Mexico, is a recognized pioneer in oil and gas exploration and
 production technology. Shell Oil Company is an affiliate of the Shell
 Group, a global group of energy and petrochemical companies, employing
 approximately 109,000 people and operating in more than 140 countries and
 territories.
     Disclaimer statement:
     This announcement contains forward-looking statements that are subject
 to risk factors associated with the oil, gas, power, chemicals and
 renewables business. It is believed that the expectations reflected in
 these statements are reasonable, but may be affected by a variety of
 variables which could cause actual results, trends or reserves replacement
 to differ materially, including, but not limited to: price fluctuations,
 actual demand, currency fluctuations, drilling and production results,
 reserve estimates, loss of market, industry competition, environmental
 risks, physical risks, risks associated with the identification of suitable
 potential acquisition properties and targets and the successful negotiation
 and consummation of transactions, the risk of doing business in developing
 countries, legislative, fiscal and regulatory developments including
 potential litigation and regulatory effects arising from recategorization
 of reserves, economic and financial market conditions in various countries
 and regions, political risks, project delay or advancement, approvals and
 cost estimates.
     Please refer to the Annual Report on Form 20-F for the year ended
 December 31, 2006 (as amended) for a description of certain important
 factors, risks and uncertainties that may affect the Shell Group's
 businesses. Neither Royal Dutch Shell plc nor any member of the Shell Group
 undertakes any obligation to publicly update or revise any of these
 forward-looking statements, whether to reflect new information, future
 events or other information.
     Cautionary Note to US Investors:
     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
 presentation, such as "expected producible resources" and "amount of
 reserves we expect to produce", that the SEC's guidelines strictly prohibit
 us from including in filings with the SEC.
 
 

SOURCE Shell Oil Company