Shell Oil Company and Pennzoil-Quaker State Company

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In the Matter of Shell Oil Company and Pennzoil-Quaker State Company
FTC Matter/File Number:

0210123

Docket Number:

C-4059

Enforcement Type:

Part 2 Consents

Case Summary

Shell Oil Company was allowed to complete its $1.8 billion acquisition of Pennzoil-Quaker State Company but required to divest certain assets to maintain healthy competition in the refining and marketing of Group II paraffinic base oil in the United States and Canada. Under terms of the consent order, Ski1 and Pennzoil must divest its 50 percent interest in Excel Paralubes (a base oil refinery in Westlake, Louisiana) and freeze Pennzoil's right to obtain additional Group II supply under a contract with ExxonMobil at approximately current levels (up to 6,500 barrels of base oil per day)