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

    HOUSTON, Sept. 10 /CNW/ -- 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),
    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
    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
    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.

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