Royal Dutch Shell plc
announced that international Shell experts will share their
expertise on scenario planning and meeting
energy challenges, with the Arab leaders of
tomorrow, at the Young Arab Leaders Forum 2005 which runs from
December 2-4 in Dubai.
Shell has been active in
scenario planning for over 30 years and has a team of
internationally acclaimed experts in this field. Shell uses
scenarios as a tool to analyse the complex environment in which
it works and the many different factors behind change. The
session at Young Arab Leaders will be led by Albert Bressand,
head of Shell’s scenario team, and will aim to share the latest
thinking on the Trilemma Triangle, a methodology to understand
the influences of change on the market, communities and the
state.
Shell’s energy session will
be led by Mohamed Defrawi, the Managing Director and General
Representative for Shell, Abu Dhabi and Khaldoon Al Mubarak, CEO,
Mubadala Development Company, UAE. Earlier this year, Shell had
signed a Memorandum of Understanding (MoU) with Mubadala
Development Company to form a strategic alliance to work
together in key areas of economic development, highlighting
Shell’s focus on Private-Public Partnership.
The forum brings together
500 of the region’s young leaders from business, politics,
academia, media, arts and culture with brief to further improve
the state of the Arab world. Participants this year are from
Morocco, Egypt, Lebanon, Jordan, Kuwait, Saudi Arabia, Qatar and
the UAE, as well as from Europe and the United States.
“The Young Arab Leaders
forum is an important opportunity for the leaders of tomorrow to
meet and forge the future of the region. Shell is honoured to be
offered the opportunity to contribute to the forum, which we
believe will play a part in ensuring that the outstanding
achievements of the Arab world today are just the beginning of a
bright future for all in the region,” said Hussain Al Mahmoudi,
Head of External Affairs and HSSE, Shell.
“Young leaders of today can
play a major role in boosting a country’s economic and social
progress with their innovative ideas, postive outlook and the
exuberance of youth. The Young Arab Leaders Forum will serve as
an ideal platform to strategically support and encourage young
leaders in the Arab world to leverage their proven ability and
leadership skills,” added Al Mahmoudi.
Shell has a long record of
support for Arab excellence, particularly encouraging
entrepreneurship and the contributions of women. Shell recently
announced the launch of the first Regional Intilaaqah Award –
‘rewarding the spirit of enterprise, which honours young
entrepreneurs in Oman, Egypt and Abu Dhabi where the Intilaaqah
programme is already
running. Intilaaqah is a non-profit
programme modeled on an initiative called "LiveWIRE" developed
by Shell. The purpose of Intilaaqah is to stimulate and
encourage young people to consider the option of starting their
own businesses, and to provide assistance to help them realize
their dreams.
Shell also publicly
highlights and recognizes the contributions and talents of
Emarati women as business leaders, with its vital support to the
Emirates Business Women Award, which is now in its fourth
successful year.
Royal Dutch Shell plc
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 145 countries 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 including wind and solar
power. For further information, visit
http://www.shell.com
Disclaimer statement
This announcement contains forward-looking statements that are
subject to risk factors associated with the oil, gas, power,
chemicals and renewables business. It is believed that the
expectations reflected in these statements are reasonable, but
may be affected by a variety of variables which could cause
actual results, trends or reserves replacement to differ
materially, including, but not limited to: price fluctuations,
actual demand, currency fluctuations, drilling and production
results, reserve estimates, loss of market, industry
competition, environmental risks, physical risks, risks
associated with the identification of suitable potential
acquisition properties and targets and the successful
negotiation and consummation of transactions, the risk of doing
business in developing countries, legislative, fiscal and
regulatory developments including potential litigation and
regulatory effects arising from recategorisation of reserves,
economic and financial market conditions in various countries
and regions, political risks, project delay or advancement,
approvals and cost estimates.
Please refer to the Annual Report on Form 20-F for the year
ended December 31, 2004 (as amended) for a description of
certain important factors, risks and uncertainties that may
affect the Shell Group’s businesses. Neither Royal Dutch Shell
plc nor any member of the Shell Group undertakes any obligation
to publicly update or revise any of these forward-looking
statements, whether to reflect new information, future events or
other information.
Cautionary Note to US
Investors:
The United States Securities and Exchange Commission (‘SEC’)
permits oil and gas companies, in their filings with the SEC, to
disclose only proved reserves that a company has demonstrated by
actual production or conclusive formation tests to be
economically and legally producible under existing economic and
operating conditions. We use certain terms in this
presentation, such as “expected producible resources” and
“amount of reserves we expect to produce”, that the SEC’s
guidelines strictly prohibit us from including in filings with
the SEC.
© 2005 Al
Bawaba (www.albawaba.com)