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Shell Pilipinas Corp. is recognized for its commitment to diversity and inclusion, earning a spot in iCXeed’s Circle of Excellence at the Asia CEO Awards 2023. The acknowledgment highlights Shell Pilipinas’ ongoing efforts to cultivate an inclusive work culture that celebrates diversity in all its forms.Shell Pilipinas Corp. allocated a capital expenditure budget of P2 billion to P3 billion this year to boost its retail network and increase terminal efficiency.
He said the remaining 50 percent of the capex would go towards enhancing the company’s mobility footprint. Shell Pilipinas closed 2023 with a net income of P1.2 billion, demonstrating the company’s resilience amid a challenging year. Its marketing business achieved a remarkable turnaround in 2023, with delivery up by over 60 percent from 2022.Shell Pilipinas’ mobility business mirrored the country’s economic activity last year, achieving a 4-percent volume increase while maintaining strong premium product penetration as it continues to hold a high position in the premium fuels and lubricants market.
Shell Pilipinas was able to navigate through these obstacles by strategically increasing volumes and maintaining a focus on premium products.
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