Abu Dhabi, 17 March 2015

Shell joined the College of Engineering at the Petroleum Institute (PI) in Abu Dhabi last week to present a lecture encouraging the students and faculty to look to the future of energy and how it may affect the world.

Under the title 'Shell Energy Scenarios', the Petroleum Institute hosted the session which was led by Mr. Wim Thomas, Shell's Chief Energy Advisor, who gave a lecture presenting the company's latest scenarios which explore trends and discontinuities in the economy, politics, technology, and environment in considering possible future energy pathways.

The seminar was attended by Mr. Abdul Munim Al Kindy, Abu Dhabi Company for Onshore Oil Operations (ADCO) CEO and Deputy Chairman of PI Governing Board, Mr. Saif Al Nasseri, Abu Dhabi National Oil Company's (ADNOC) Gas Director, representatives from the UK Embassy as well as senior leaders from Shell. The senior visitors were welcomed by Dr. Thomas Hochstettler, PI President and senior members of the PI faculty and staff.

Mr. Thomas asked students and faculty to think about what might lay ahead 10 or 50 years from now and to consider two plausible scenarios of the future, using different "lenses" through which the world can be viewed.. He explained that while the world's population is headed towards 9 billion at mid-century, millions of people will be climbing out of poverty and with growing urbanisation leading to an increase in global energy demand by as much as 80% by 2060 compared to 2010 levels.

Shell's scenarios highlight areas of public policy likely to have the greatest influence on the development of cleaner fuels, improvements in energy efficiency and on moderating greenhouse gas emissions.

The first scenario, labelled 'Mountains', sees a strong role for government and the introduction of firm and far-reaching policy measures. New policies unlock plentiful natural gas resources and accelerate carbon capture and storage technology, supporting a cleaner energy system. The second scenario, called 'Oceans', describes a more prosperous and volatile world. Energy demand surges, due to strong economic growth. Power is more widely distributed and governments take longer to agree to major decisions. Market forces rather than policies shape the energy system: oil and coal remain part of the energy mix but renewable energy grows stronger.

"We appreciate Shell's contributions to the PI through their continuous endeavour to share best practices and learnings that add value to the institute's students as well as the faculty. Through such seminars and lectures, our students and faculty gain insight into the challenges we face in today's world from the perspective of an international oil company, at a local, regional and global level", said Dr. Thomas Hochstettler, PI President, after the seminar.

Speaking at the Petroleum Institute, Mr. Thomas said: The world will find itself in three races for prosperity, energy security, and environmental sustainability, which will cause energy systems to transform in the coming decades.  But the speed and nature of change will be different in different parts of the world, and will be very much dependent on how governments, academia, industry and civil society will work together to find acceptable and affordable solutions."

Commenting on the event, Mr. Andrew Vaughan, Shell Abu Dhabi Chairman, said "We are proud of our continuous cooperation with the Petroleum Institute, and we thank the President and all the faculty members for their support of Shell's local capacity development initiatives through best practice sharing with the institute's students".

-Ends-

About Shell
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

For media enquiries, please contact:
Mr. Nureddin Wefati
Head of Media Relations for Middle East & North Africa
Shell EP International
Tel: +971 4 705 5347
Cell: +971 56 216 2409
Nureddin.Wefati@Shell.com

Mr. Ali Khan
Spokesperson Middle East & North Africa
Shell EP International Ltd
Tel:   +971 4 405 4563
Cell: +971 50 189 7480
Ali-Nasir.Khan@Shell.com

Cautionary note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this announcement "Shell", "Shell Group" and "Royal Dutch Shell" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words "we", "us" and "our" are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. "Subsidiaries", "Shell subsidiaries" and "Shell companies" as used in this announcement refer to companies in which Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control are referred to as "associated companies" or "associates" and companies in which Shell has joint control are referred to as "jointly controlled entities". In this announcement, associates and jointly controlled entities are also referred to as "equity-accounted investments". The term "Shell interest" is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This announcement contains forward looking statements concerning the financial condition, results of operations and businesses of Shell and the Shell Group. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell and the Shell Group to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward looking statements are identified by their use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "goals", "intend", "may", "objectives", "outlook", "plan", "probably", "project", "risks", "seek", "should", "target", "will" and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and the Shell Group and could cause those results to differ materially from those expressed in the forward looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward looking statements. Additional factors that may affect future results are contained in Shell's 20-F for the year ended 31 December 2013 (available at www.shell.com/investor and www.sec.gov ). These factors also should be considered by the reader. Each forward looking statement speaks only as of the date of this announcement, 17 March 2015. Neither Shell nor any of its subsidiaries nor the Shell Group undertake any obligation to publicly update or revise any forward looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward looking statements contained in this announcement.

© Press Release 2015