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Houston Students Prepare to Face Off With Their Fuel-efficient Vehicles at Shell Eco-marathon Americas

THE COMPETITION IN HOUSTON IS HEATING UP AS LOCAL UNIVERSITIES AND HIGH SCHOOLS PREPARE TO PUSH THE BOUNDARIES OF FUEL EFFICIENCY


News provided by

Shell Oil Company

Feb 29, 2012, 09:03 ET

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HOUSTON, Feb. 29, 2012 /PRNewswire/ -- The stakes are high in Houston as four high schools and universities prepare for Shell Eco-marathon Americas. St. John's High School and the University of Houston are competing again this year and for the first time, Westside High School and Rice University are also getting ready to compete.   

(Photo:  http://photos.prnewswire.com/prnh/20120229/DA61670)

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They and more than 1,000 other high school and university students across the Americas are preparing for the sixth annual Shell Eco-marathon Americas. Shell Eco-marathon challenges students to build, design and compete with their high-mileage vehicles in competitions held annually in Europe, the Americas and Asia. Shell Eco-marathon brings together future leaders in science and engineering who are passionate about finding solutions to global energy challenges.

At the University of Houston, the Superleggera team expects its entry to achieve the equivalent of 1,000 miles per gallon. "We want our vehicle to represent the school well and start a legacy that can be continued by future teams," said Superleggera team leader Jose Guerrero. "We also hope that one day soon, our school can claim the number one spot – not only at Shell Eco-marathon Americas – but among all the Houston schools competing!"

"This is our first year participating in Shell Eco-marathon Americas and we are excited to show everyone, especially the University of Houston, just what Rice University can do," said Andrew Owens of the Rice Solar Car team. "Our two universities have a long-standing rivalry between them and we'd love to bring a win home to Rice, especially when it involves the future of energy."

From March 29 through April 1, students and their fuel-efficient vehicles will navigate the streets of downtown Houston, amid the skyscrapers, and strive to break the astounding 2,564.8 miles per (one) gallon achieved in 2011 by Quebec's Universite Laval team, which will compete again this year.

That far outperformed the 50 miles per gallon attained by a Shell scientist in 1939 in a challenge that has evolved into today's Shell Eco-marathon. Since then, the event has brought together thousands of students from more than 30 countries to put their futuristic vehicles to the test.

"Shell Eco-marathon is an important part of the energy challenge facing our planet," says Mark Singer, global project manager. "The future will require a mosaic of energy solutions, and we believe we're contributing to a smarter energy future with more responsible options for our customers and credible advice for our markets and policymakers. Shell Eco-marathon is an amazing experience for students and spectators alike."

For first-time competitors from Rice University, participating in this year's event goes beyond what number the team places in the challenge. "Our participation involves motivating and educating students through a large scale, interdisciplinary, hands-on project in which students can collaborate to create something spectacular," said Rice Solar Car team spokesman Robert Wilson. "We hope to introduce students to the fun side of engineering by allowing them to practice some of the skills they've developed in their classes and build something they can be proud of." 

"By encouraging students around the world to design, build and test vehicles that travel farther using less energy, Shell Eco-marathon provides an education platform for students to apply real-life skills to meet the increasing demand for energy," says Singer. "These students and their innovative ideas can help shape the future of energy."

Shell Eco-marathon Americas is family-friendly, free and open to the public; so, spectators can come out to watch and cheer on the teams. There will be a variety of activities and displays on-hand at Discovery Green and George R. Brown Convention Center, including: Science and education displays in the park for children and families including The Children's Museum of Houston, the Offshore Energy Center, Houston Community College-NE, the University of Texas: GeoFORCE Program, San Jacinto College, Trinity Science Solutions LLC, HoustonWorks, Fiat and a variety of educational Shell displays and booths in the park. Additionally, the National CSTEM Challenge, which is a cross curriculum project incorporating Communications, Science, Technology, Engineering and Math to encourage students of all ages to develop problem solving skills and solutions, will also be taking place at George R. Brown Convention Center.

In addition to the student competition, Shell along with media sponsor The New York Times, will host the 2012 Energy Summit: Earth 2050: The Nexus of Food, Energy, Water. The two-day symposium will be attended by a variety of leaders representing policy, the environment, business and academia.

Shell Eco-marathon Americas coincides with another key Shell community event, the 2012 Shell Houston Open, which will be played the week of March 26-April 1 at Redstone Golf Club-Tournament course. Phil Mickelson is defending champion. Visit www.ShellHoustonOpen.com and www.shell.com/ecomarathon/americas for details.

For more information on all 2012 events across the globe, including the complete Americas 2012 roster, schedule and official rules, please visit Shell Eco-marathon website at www.shell.com/ecomarathon/americas.

About Shell Oil Company
Shell Oil Company is an affiliate of the Royal Dutch Shell plc, a global group of energy and petrochemical companies with 93,000 employees in more than 90 countries. We deliver a diverse range of energy solutions and petrochemicals to customers worldwide. These include transporting and trading oil and gas, marketing natural gas, producing and selling fuel for ships and planes, generating electricity and providing energy efficiency advice.

We also produce and sell petrochemical building blocks to industrial customers globally, and we are investing in making renewable and lower-carbon energy sources competitive for large-scale use. In the U.S., we operate in 50 states and employ more than 20,000 people delivering energy in a responsible manner.

About Shell Eco-marathon
Shell Eco-marathon is a global program that challenges high school and college student teams to design, build and test the most energy-efficient vehicles. With annual events in the Americas, Europe and Asia, this innovation competition pushes future scientists and engineers to travel the farthest distance using the least amount of energy. Shell Eco-marathon Americas 2012 will take place March 29 – April 1, 2012 on the streets of downtown Houston, the energy capital of the world. Visit www.shell.com/ecomarathon/americas to learn more about this program.

Cautionary Note
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press release "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 press release refer to companies in which Royal Dutch 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 press release, 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 (for example, through our 34% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This press release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. 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 Royal Dutch Shell 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'', ''intend'', ''may'', ''plan'', ''objectives'', ''outlook'', ''probably'', ''project'', ''will'', ''seek'', ''target'', ''risks'', ''goals'', ''should'' and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group's products; (c) currency fluctuations; (d) drilling and production results; (e) reserve 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 potential litigation and regulatory effects arising from recategorisation of reserves; (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 press release 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 Royal Dutch Shell's 20-F for the year ended December 31, 2010 (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 press release, February 29, 2012.  Neither Royal Dutch Shell nor any of its subsidiaries 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 press release.

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 press release that SEC's guidelines strictly prohibit us from including in filings with the SEC.  U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.

SOURCE Shell Oil Company

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