Shell Companies in the Philippines, the group of businesses under Shell, is expanding its investments in oil, renewable energy, electric vehicles, business process outsourcing and liquefied natural gas.
SCIP country chair Lorelie Quiambao Osial said the group’s strategy is to power progress, specifically “creating value for our customers, our investors and for the society.”
“Sustainability is a part of the strategy, and in doing so, we are looking at, as an energy company, the needs of our customers today but also looking at the future,” Osial said.
“It really is about looking at, providing different choices for our customers, and as you can see, we are expanding in terms of customer base. We also cater to different types of mobility,” she said.
Osial said SCIP entered the renewable space and signed joint ventures on solar and offshore wind last year.
“We continue to progress that as well. We also have a big SBO, shared services business operations, [with] around 4,400 people,” she said.
Osial said a part of the company’s long-term plans includes LNG, and they began working with different agencies for the project. “We continue to be interested in LNG in the Philippines,” she said.
SCIP is also expanding its oil business under Pilipinas Shell Petroleum Corp.
PSPC is moving forward with the plan to put up another oil import terminal by 2025, which will bring its network of import terminals to five to serve the growing fuel needs of consumers nationwide.
“We’ve committed to have five medium-range capable import terminals. We broke ground on the fourth one last year, and we are looking at announcing a fifth one as well. By 2025, we will have five [terminals,” Osial said.
PSPC would announce the location and sign contracts for the fifth oil import terminal this year. Osial said the terminals would support the company’s retail station expansion.
PSPC’s terminals include the 67-million-liter Darong import facility in Southern Mindanao, the Shell Import Facility Tabangao in Batangas with a 263-million-liter capacity, the North Mindanao Import Facility in Cagayan de Oro City with a 90-million-liter capacity and the Subic Import Terminal with a 54-million-liter capacity.
“For our stations, we have over 1,100 stations at the end of mid-last year, third quarter. And we will continue to grow that 40 to 60 sites year-on-year until 2025,” the company executive said.
PSPC also started integrating RE into its mobility stations. Its Shell Mamplasan mobility site at the South Luzon Expressway in Biñan, Laguna will be powered by renewable energy from Shell Energy Philippines. A mix of solar, geothermal and hydro power will run the station, with Shell Recharge charging points.
Pilipinas Shell began transforming its retail fuel stations into one-stop mobility destinations featuring sustainable solutions in 2020. These solutions help reduce energy consumption by about 30 percent compared to a traditional site.
The company also launched last year the first carbon offset offer to the public and its first electric vehicle charging service.