News & ToursJune 9, 2016

Shell dropping out as long-time sponsor of Houston Open

HUMBLE, TX - MARCH 31:  D.A. Points hits his tee shot on the 18th hole during the final round of the Shell Houston Open at the Redstone Golf Club on March 31, 2013 in Humble, Texas.  (Photo by Scott Halleran/Getty Images)
Getty ImagesHUMBLE, TX - MARCH 31: D.A. Points hits his tee shot on the 18th hole during the final round of the Shell Houston Open at the Redstone Golf Club on March 31, 2013 in Humble, Texas. (Photo by Scott Halleran/Getty Images)

According to an obtained company memo, the Shell Oil Company is dropping its sponsorship of the PGA Tour's Houston Open.

First reported by the Houston Business Journal, Shell president Bruce Culpepper told employees the decision was due to a downturn in business. In January, the company announced the cut of 10,000 jobs, and will leave it's namesake building in downtown Houston by the end of the year.

"As you might imagine, this was a very difficult decision, driven in large part by the need to adjust our cost structure in response to the challenging business environment in which we operate, but also by a refresh of our branded sponsorship strategy globally," Culpepper said to the HBJ.

Shell had been the third-longest title sponsor on the PGA Tour, serving as host since 1992.


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