Shell Canada provides operational update for its Oil Products segment

CALGARY, Sept. 22 /CNW/ - Shell Canada provides the following operational
update for its Oil Products refining and marketing business segment.
The previously announced planned turnaround at Scotford Refinery near
Edmonton started on schedule in early September. Work has progressed well and
the refinery is expected to resume operations at the end of the month. At
Montreal East Refinery, unplanned maintenance work on a compressor in a  
hydro-cracker unit has resulted in reduced throughputs and higher black oil
yields. Work on this compressor will likely continue until late October.
Despite these issues, adequate supplies of product have been and continue to
be available to meet customer needs.
Market factors have compounded the impact of these maintenance
activities. Additional supplies of gasoline were purchased at high spot prices
and strong light oil refining margins have been offset by lower black oil and
benzene margins than were realized earlier in the year. Marketing margins have
continued to be severely compressed due to rapidly rising crude costs. As a
result, third quarter 2005 earnings for Oil Products will be lower than the
current high light oil refining margins would suggest.

This document contains "forward-looking statements" based upon current
expectations, estimates and projections of future production, project startup
and future capital spending. Forward-looking statements include, but are not
limited to, references to future capital and other expenditures, drilling
plans, construction activities, the submission of regulatory applications,
refining margins, oil and gas production levels, references to resources and
reserves estimates.
Readers are cautioned not to place undue reliance on forward-looking
statements. Forward-looking statements involve numerous risks and
uncertainties, which could cause actual results to differ materially from
those anticipated by the Corporation. These risks and uncertainties include,
but are not limited to, the risks of the oil and gas industry (including
operating conditions and costs), demand for oil, gas and related products,
disruptions in supply, project schedules, the uncertainties involving geology
of oil and gas deposits, the uncertainty of reserves estimates, fluctuations
in oil and gas prices and foreign currency exchange rates, general economic
conditions, commercial negotiations, changes in law or government policy, and
other factors, many of which are beyond the control of the Corporation.