Shell Canada Limited is the subsidiary of Dutch-based Royal Dutch Shell and one of Canada's largest integrated oil companies. Exploration and production of oil, natural gas and sulphur is a major part of its business, as well as the marketing of gasoline and related products through the company's approximately 1,800 stations across Canada. After a global reorganization by the European parent, Shell's North American operations are controlled by Shell Energy North America, which is headquartered in Houston, Texas. Shell Energy North America's Canadian operational unit, Shell Canada, maintains... a regional corporate office in Calgary, Alberta. Shell Canada also maintains a major office in Toronto, ON. Shell Canada is part of the Royal Dutch Shell Group, but its shares were originally independently traded on the Toronto Stock Exchange. The company was 78% owned by Royal Dutch Shell which in 2006 launched an $8.7-billion takeover of the 22% of Shell Canada that it didn't own. In March 2007 the shareholders of Shell Canada Ltd. accepted a $45.00 per share cash offer from Royal Dutch Shell Plc.
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