ceraweek 2018 in review - ihs markit › www › pdf › ceraweek-2018-in-review.pdf ·...

by

37th Executive Conference and Related Events5–9 March 2018 | Houston, Texas

www.CERAWeek.com

Tipping Point: Strategies for a New Energy Future

CERAWeek 2018 in Review

CERAWeek 2018 in Review • 2

Amin Nasser, President & CEO, Saudi Aramco

Hon. Lisa Murkowski, Chairman, US Senate Energy and Natural Resources Committee (Alaska)

HE Dr. Sultan Ahmed Al Jaber, Minister of State, United Arab Emirates & CEO, Abu Dhabi National Oil Company (ADNOC)

Mary Barra, Chairman & CEO, General Motors

HE Mohammad Barkindo, Secretary General, OPEC

Dr. Fatih Birol, Executive Director, International Energy Agency


Patrick Pouyanné, Chairman & CEO, TOTAL

Walter Isaacson, University Professor of History, Tulane University & author Leonardo da Vinci, Steve Jobs & Benjamin Franklin

Min Wang, Executive Vice President, State Grid Corporation of China

Diane Greene, CEO, Google CloudHon. Rick Perry, US Secretary of Energy

Ulrich Spiesshofer, President & CEO, ABB


Ben van Beurden, CEO, Royal Dutch Shell

Joe Kaeser, President & CEO, SiemensBob Dudley, Group Chief Executive, BP

Hon. Ryan Zinke, US Secretary of the Interior

Patricia Vincent-Collawn, Chairman, President & CEO, PNM Resources David Farr, Chairman & CEO, Emerson


Mission . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7

Opening Day Plenaries & Insight Dinners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8

Oil & Gas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

Natural Gas & Global Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .29

Electric Power & Renewable Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38

Reflections & Prospects . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .46

Innovation Agora . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .52

Women in Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .62

Future Energy Leaders & Professional Development Program . . . . . . . . . . . . . . . . . . . . . .64

Energy Innovation Pioneers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .66

Partnership @ CERAWeek . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .68

Media Coverage & Impact . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .71

CERAWeek Partners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .72

Featured Speakers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .78

Contents


Vicki Hollub, President & CEO, Occidental Petroleum Hon. Gabriel M. Obiang Lima, Minister of Mines, Industry & Energy, Equatorial Guinea

Hon. James Gordon Carr, Minister of Natural Resources, Canada

Sanjiv Singh, Chairman, Indian Oil, and Osmar Abib, Global Co-Head, Oil & Gas, Credit Suisse

Arcandra Tahar, Vice Minister of Energy & Mineral Resources, Republic of Indonesia

Geisha Williams, President & CEO, PG&E, and Lynn Good, Chairman, President & CEO, Duke Energy


Mission

The 37th CERAWeek by IHS Markit focused on “Tipping Point: Strategies for a New Energy Future.” Over 4,200 delegates from more than 75 countries participated in this year’s gathering. Over 350 sessions addressed the opportunities and transitions ahead—from oil and gas production to power generation, renewable energy, technology, investment, and regulatory and environmental policies.

Over 650 speakers—senior executives and officials, thought leaders, NGOs, and IHS Markit experts from across the energy spectrum and from the policy, financial, technology, and industrial communities— offered insight on the nature and pace of change and identified forces that will be critical to shaping the future business environment and assuring the world’s growing energy requirements.

The second annual Innovation Agora @ CERAWeek included many new features and a remarkable assembly of innovators and thought leaders. The Agora was an open marketplace for ideas, dialogue, and new experiences and connections. We featured examples of the new world of innovation and how the “great wave” of new technology—from blockchain to e-mobility, robotics, additive manufacturing, connectivity, cloud, and digital technology—is transforming the energy future.

CERAWeek session highlights are available online at CERAWeek’s Digital Hub (live.ceraweek.com).

We are deeply thankful to our speakers, partners, and participants for their engagement and contributions to CERAWeek.

Sincerely,

Daniel Yergin

Co-Chairman, CERAWeek

Vice Chairman, IHS Markit

James Rosenfield

Founder & Co-Chairman, CERAWeek

Senior Vice President, IHS Markit

https://live.ceraweek.com/


Opening Day Plenaries

North America’s Energy Infrastructure Agenda(from left) Hon. Daniel Sullivan, US Senator, Alaska, and Greg Armstrong, Chairman & CEO, Plains All American Pipeline, provided a framework for discussing US energy infrastructure expansion, regulations, trade, and tariffs.

Geopolitical Hotspots(from left) Suzanne Maloney, Deputy Director, Foreign Policy, The Brookings Institution; Angela Stent, Director, Center for Eurasian, Russian, and European Studies, Georgetown University; and Evan Feigenbaum, Vice Chairman, The Paulson Institute. They spoke about the political hotspots around the world, including Syria, Iran, Russia, and North Korea, and their impacts on energy markets.

Global Oil DialoguesPedro Parente, CEO, Petrobras, spoke about leading Petrobras during a challenging time and the company’s strategic focus on safety and optimizing its resources and partnerships.

Patrick Pouyanné, Chairman & CEO, TOTAL, addressed the transition in the oil industry, TOTAL’s acquisition of Maersk, and lessons drawn from the low-price cycle.


Oil Markets: As the world turnsHE Mohammad Barkindo, Secretary General, OPEC, and Dr. Fatih Birol, Executive Director, International Energy Agency, explored trends in global supply/demand and the impact of low investment in oil production.

Investing in a Changing Energy FutureThe panelists shared their thoughts on risks ahead in a changing energy future while meeting rising energy demand and adapting to environmental policies.

Musabbeh Al Kaabi, CEO, Petroleum & Petrochemicals, Mubadala Investment Company

Hital Meswani, Executive Director & Board Member, Reliance Industries

Samir Assaf, Chief Executive, Global Banking & Markets, HSBC

John Hess, CEO, Hess


Opening Day Plenaries

Innovation & Investment in a World of Transition assessed the impact of innovation, noting that progress will be evolutionary rather than revolutionary in developing climate- conscious oil and gas technology.

Maynard Holt, CEO, Tudor, Pickering, Holt & Co.

Marcel van Poecke, Head of Carlyle International Energy Fund, CIEP

Shunichi Miyanaga, President & CEO, Mitsubishi Heavy Industries

Lamar McKay, Deputy Group Chief Executive, BP


Energy & Climate Policy: Searching for the balanceconsidered the challenge of balancing the need for more energy, particularly in the developing world, with climate policy.

Superbowl of the energy industry - CNBC

“ ”

Dev Sanyal, Chief Executive, Alternative Energy & EVP, Regions, BP

CERAWeek by IHS Markit has become the world’s premier energy event.

- Xinhua News Agency

“ ”

Patricia Espinosa, Executive Secretary, UN Framework Convention on Climate Change

HE Terje Søviknes, Minister of Petroleum & Energy, Norway


Opening Day PlenariesGlobalization, Automation & the Future of Work addressed the reorientation in global trade, how companies are managed, value chains, and educating the workforce of the future.

Ulrich Spiesshoffer, President & CEO, ABB

José Antonio González Anaya, Minister of Finance & Public Credit, Mexico

Andrew Liveris, Executive Chairman, DowDuPont


Insight Dinners

US Energy Policy: Where markets, deregulation & geopolitics meetCarlos Pascual (Chair), SVP, IHS Markit; Katharine MacGregor, Principal Deputy Assistant Secretary, US Department of the Interior; Frank Verrastro, SVP, Energy & National Security & Foreign Affairs, CSIS; Karen Harbert, President & CEO, Global Energy Institute, US Chamber of Commerce; Jason Bordoff, Professor & Founding Director, Center on Global Energy Policy, Columbia University; and Meghan O’Sullivan, Jeane Kirkpatrick Professor of the Practice of International Affairs, Kennedy School, Harvard University

How Will the Innovation Tsunami Change the Energy Sector? Bill Vass, VP, Engineering, Amazon Web Services

• How Will the Innovation Tsunami Change the Energy Sector? • Investment Strategies in the Low Carbon World • North Sea Renaissance: The rising global impact • Outlook for the Global Economy • Oil & the Future of Mobility • The Workforce of the Future, Accelerating into the Present • US Energy Policy: Where markets, deregulation & geopolitics meet

How Will the Innovation Tsunami Change the Energy Sector? Ashok Belani, EVP, Technology, Schlumberger

Outlook for the Global EconomyHelen Currie, Chief Economist, ConocoPhillips


Insight Dinners

Investment Strategies in the Low Carbon WorldDiego Kuschnir, Portfolio Manager, Tudor, Pickering, Holt & Co.; Pratima Rangarajan, CEO, OGCI Climate Investments; and Dominic Emery, VP, Long-Term Planning, BP

Outlook for the Global EconomyLord John Browne of Madingley (Chair), Board Member, IHS Markit & Executive Chairman, L1 Energy

Oil & the Future of MobilityAhmad Al Khowaiter, CTO, Saudi Aramco; Roger Griffiths, Team Principal, Andretti Formula E & CTO, Andretti Motorsport; and Sanjiv Singh, Chairman, Indian Oil

The Workforce of the Future, Accelerating into the PresentLisa Salley, VP, Global Industry Services, American Petroleum Institute


Lynn Good (left), Chairman, President & CEO, Duke Energy, and Joe Kaeser (center), President & CEO, Siemens

The D20 Lab by AspenTech

Greg Armstrong, Chairman & CEO, Plains All American Pipeline

Agora Lounge


Oil & Gas PlenariesWelcome & Special AddressAmin Nasser, President & CEO, Saudi Aramco, focused on the need for oil markets to meet future demand from increasing populations by investing in resources and technology.

Regulatory DialogueHon. Ryan Zinke (below), US Secretary of the Interior, stressed the importance of producing energy domestically and with allies. He highlighted that the United States had become a net exporter of oil for the first time in 60 years and that streamlined US energy industry regulations would incentivize energy production.

Oil ministers and executives at the Welcome Address


Global Oil Dialogues HE Dr. Sultan Ahmed Al Jaber (right), Minister of State, United Arab Emirates & CEO, ADNOC, shared that falling oil prices led to a stronger ADNOC by accelerating the process of restructuring and a refocus on upstream partnerships and the downstream.

Paal Kibsgaard (right), Chairman & CEO, Schlumberger, discussed the challenge of lower oil prices and changes that Schlumberger made by investing in technology and reengineering workflows.

Ryan Lance (left), Chairman & CEO, ConocoPhillips, spoke of accepting volatility in the oil market and focusing on the company’s “Sustainable Capital Level,” the amount needed to invest in the upstream to maintain production for 5 or 10 years.

the Davos of energy- Financial Times

“ ”


Future of Upstream Partnerships (from left) Carlos Treviño, CEO, Pemex, and Wan Zulkiflee, President & Group CEO, PETRONAS, discussed their partnerships in Mexico and the differences in regulatory approaches for different countries.

Oil & Gas Leadership Dialogue Bob Dudley, Group Chief Executive, BP, putting an emphasis on emissions, described how BP is implementing a carbon emissions reduction program to improve and innovate operations, products, and business models. While noting that oil and gas must be part of the solution, he added that consumers and all sectors of the economy need to act—including the government, which needs to put a price on carbon.

We see old friends, we make new ones—we always learn a lot—that alone makes the trip worthwhile.

We also get a lot of business done.- Bob Dudley, Group Chief Executive, BP

“”

Oil & Gas Plenaries


Technology DialogueDiane Greene, CEO, Google Cloud, commented that “the cloud is a revolution… it’s democratizing technology… making it easier to use.” She discussed the energy industry’s slower adoption of cloud services while citing what can be done through the automation and sharing of data within an organization.

Game-Changing Technologies for Oil & GasBill Vass, VP, Engineering, Amazon Web Services; Ganesh Bell, President, Uptake; Øyvind Eriksen, CEO, Aker; and Ahmad Al Khowaiter, CTO, Saudi Aramco. They highlighted the benefits of artificial intelligence, edge computing, nanotechnologies, machine learning, and cloud technologies. Nanotechnology allows companies to “measure data that has never been measured before,” said Al Khowaiter.

All the relevant decision makers in oil and service companies are present. You would have to look long and hard to find a more relevant or useful place to spend some days.

- Øyvind Eriksen, CEO, Aker

“ ”

Thousands of energy leaders...will descend on Texas...for CERAWeek, the annual conference...that has become a bellwether for the health of the global energy industry.

- Wall Street Journal

“ ”


Oil & Gas Plenaries

Petrochemicals: Future pillar of growth for hydrocarbons? (above) Jamie Froedge, President, Process Systems & Solutions, Emerson; Abdulaziz Abdulla Alhajri, Director, Downstream Directorate, ADNOC; Jim Fitterling, CEO, The Dow Chemical Company; and David Witte (right), SVP, Division Head, Energy & Chemicals, IHS Markit. The session discussed the petrochemical opportunity to integrate with refineries to access more higher-value products. They also considered how integrating currently available technology in refineries would improve ROI.

North American Oil: The supply disruptor Sara Ortwein, President, XTO Energy; Timothy Dove, President & CEO, Pioneer Natural Resources; Mark Little, COO, Suncor Energy; and Lorenzo Simonelli, Chairman & CEO, Baker Hughes, a GE company. The panel addressed the rapid growth of the Permian Basin, Canadian oil sands, and gas production and the importance of technology in facilitating that growth.


Ministerial Dialogue Oil officials discussed the successes and challenges of the Vienna Agreement more than one year after it was implemented. HE Mohammad Barkindo called the Vienna Agreement a historic development on par with the creation of OPEC itself.

HE Mohammad Barkindo, Secretary General, OPEC and HE Bakheet Al-Rashidi, Minister of Oil, Electricity & Water, Kuwait & Chairman, Kuwait Petroleum Corp.

HE Dr. Mohammed Saleh Abdulla Al Sada, Minister of Energy & Industry, Qatar

Hon. Gabriel Obiang Lima, Minister of Mines, Industry & Energy, Equatorial Guinea

Hon. Makhambet Dosmukhambetov, First Vice Minister of Energy, Republic of Kazakhstan

HE Eng. Carlos Pérez, Minister of Hydrocarbons, Republic of Ecuador


Putting Carbon to Work: The future of CCUSThe panel assessed the future of carbon capture, utilization, and storage and spoke about CO2 injection and capture projects in the UAE and in the Permian Basin.

How Policy & Technology Are Transforming & Disrupting the DownstreamSanjiv Singh (left), Chairman, Indian Oil; Robert Herman, EVP, Refining, Phillips 66; Doug Sparkman, COO, Fuels North America, BP; and Jeremy Weir, CEO, Trafigura Group (not pictured). They credited AI technology for ongoing optimization of refineries and marketing. They expressed concern that the technical limitations, costs, and inconveniences of EVs would make it difficult to replace ICEs.

Oil & Gas Plenaries

HE Suhail Mohamed Al Mazrouei, Minister of Energy & Industry, United Arab Emirates

Vicki Hollub, President & CEO, Occidental Petroleum

Hon. Steven Winberg, Assistant Secretary, Fossil Energy, US Department of Energy

Sally Benson, Director, Precourt Institute for Energy, Stanford University


Oil & Gas in a World in Transition Bernard Looney, Chief Executive, Upstream, BP; HE Mohammed Saleh Abdulla Al Sada, Minister of Energy & Industry, Qatar; Mark Papa, Chairman & CEO, Centennial Resource Development; and Keisuke Kuroki, President, JOGMEC. The panel discussed questions facing the oil and gas industry, environmental sustainability, and growth opportunities for LNG.

How Will Technology Disrupt the Upstream Oil Business The panel agreed that the oil and gas industry is in the early phases of the digitalization adoption curve. Failure to both adopt and adapt will lead to companies being left behind.

Gregory Leveille, CTO, ConocoPhillips Peter Terwiesch, President, Industrial Automation, ABB

Babur Ozden, Founder & CEO, MaanaAntonio Pietri, President & CEO, Aspen Technology


Dinner & Keynote: Economic Growth, Technology & a New Prosperity: What’s needed? Dr. Daniel Yergin, Vice Chairman, IHS Markit; Robert Kaplan, President & CEO, Federal Reserve Bank of Dallas; and David Farr, Chairman & CEO, Emerson. The session focused on the forces shaping the global energy markets, including trade tensions, debt and interest rates, and workforce skills and productivity.

The week-long gathering in Houston of some of world’s biggest names in energy.

- Bloomberg

“ ”

Oil & Gas Plenaries

The annual CERAWeek Conference sponsored by IHS Markit is arguably the hottest oil and gas conference on the planet

- OilPrice.com

“”

Considered the premier energy policy conference...attracting energy industry executives, government ministers, regulators, and lawmakers.

- Houston Chronicle

“”


Strategic Dialogues: Oil• Africa Upstream: What’s next? • Asia’s Refining Future: New business models • Biofuels: Are current policies an aid or risk to development? • Climate-Related Financial Disclosure: What happens next? • Eurasian Upstream at a Crossroad• Financing the Upstream: Who, where & how much?• Future of Vienna Alliance: OPEC & non-OPEC collaboration? • Latin America Exploration: What’s next? • New Directions for the Upstream Industry• New Mobility: Who owns the future?• New Models of Growth in Western Canada • New Models for Service Sector & E&P Interaction• NOCs: Growth after survival?• North American Downstream: Opportunities & challenges • North America Shale: How much can it grow? • Oil Market Outlook: A new triangle?• Outlook for Upstream Costs & Technology • Sanctions, NAFTA & Energy: Economic tradecraft & geopolitics• The Big Disruption: Fueling the world’s ships • The Evolution of E&P Portfolios • The New US Oil Export Powerhouse • The Next Strategic Step for Asia NOCs • The Return of the Global Offshore

Future of Vienna Alliance: OPEC & non-OPEC collaboration?Helima Croft, Managing Director & Global Head of Commodity Strategy, Global Research, RBC Capital Markets, and Xiansheng Sun, Secretary General, IEF

Africa Upstream: What’s next? HE John Munyes Kiyonga, Cabinet Secretary of Petroleum & Mining, Republic of Kenya

Latin America Exploration: What’s next? Orlando Velandia, President, ANH

The Evolution of E&P PortfoliosIan Conway (Chair), Executive Director, Research & Consulting, IHS Markit; Luis Cabra, Executive Managing Director, E&P, Repsol; Matt Fox, EVP, Strategy, Exploration & Technology, ConocoPhillips; and Maria Moraeus Hanssen, CEO, DEA Deutsche Erdoel AG


Strategic Dialogues: Gas• Asia’s Energy Infrastructure: Role of China’s Belt & Road Initiative• Assessing Gas Demand from Asia’s Growth Markets • Coal & Gas in American Power • Creating Open Gas Markets: Getting deregulation right• Deregulation of Latin America Downstream • Emerging Gas Trading Hubs: What implications for LNG markets & pricing? • Financing the Gas Future• New Technology & the Future of Trading: Strategies for a changing world • Next Wave of Gas to Advance South Asia’s Key Energy Transitions • North American Gas: Challenges to expanding North American pipeline infrastructure?• North American Gas: Outlook in a globally interdependent market • Oil & Gas Abundance & Super Basins: The end of exploration?• Petrochemicals: How feedstock demand is driving gas consumption• The Competitiveness of LNG: Costs & innovation • The Future of Batteries: Challenges & opportunities• The Future of Trucking: A quicker change of gear than light-duty vehicles? • The New Natural Gas Story in the Southern Cone • Vying for Europe’s Gas Markets

Next Wave of Gas to Advance South Asia’s Key Energy Transitions Hon. Arjuna Ranatunga, Minister of Petroleum Resources Development, Sri Lanka, and Prabhat Singh, CEO, Petronet LNG

Deregulation of Latin America Downstream Aldo Flores Quiroga, Deputy Secretary of Energy for Hydrocarbons, Mexico, and Arlindo Moreira Filho, Downstream Restructuring Program General Manager, Petrobras

Financing the Gas Future Meg Gentle, President & CEO, Tellurian

Emerging Gas Trading Hubs Xizhou Zhou, Managing Director, Energy, IHS Markit


Expert DiscussionsOil & Gas• Asian Gas Markets: Demand surprises ahead? • Capital Efficiency to Manage Short- & Long-Cycle Investments • Changing Supply Dynamics & Patterns • Global Scenarios: Future disruptors? • Latin America Upstream: Growth & decline • NGLs: Will the global chemical market be required to absorb NGL production growth? • North American Breakeven Pricing: How viable are upstream projects? • Resurgence in a Mature Basin: The Alaska North Slope • Russian Gas Exports to Europe Break All Records, But the Game Is Not Over • The Future of Motor Fuel & the Role of Octane • The Permian: Great expectations, potential disappointments • Understanding the Biofuel Feedstock Landscape & Outlook on Reducing Carbon Intensity

Understanding the Biofuel Feedstock Landscape & Outlook on Reducing Carbon Intensity David Hobbs (left), Head of Research, King Abdullah Petroleum Studies and Research Center; Kevin Lindemer (second from right), Managing Director, Downstream Consulting, IHS Markit; and Delores Santos (right), Business Development Manager, Conferences & Training, IHS Markit

Asian Gas Markets: Demand surprises ahead? Rashika Gupta, Director, Power, Gas, Coal & Renewables, IHS Markit

The Permian: Great expectations, potential disappointments Reed Olmstead (Chair), Manager, North America Supply Analytics, Upstream Strategy and Competition, IHS Markit

Informal, interactive briefings & discussions led by IHS Markit experts


Amin Nasser, President & CEO, Saudi Aramco

Book signing with Juan Enriquez, author of Evolving Ourselves (right)

Khunying Thongtip Ratanarat, Member, Board of Directors, Siam Fine Chemicals & PTIT Foundation

HE Suhail Mohamed Al Mazrouei, Minister of Energy & Industry, UAE (right)


Natural Gas & Global Energy Plenaries

Opening Address Hon. Rick Perry, US Secretary of Energy, spoke about the Trump Administration’s “new energy realism” of embracing technology and innovation over regulations to improve exploration, yields, safety, the environment, and emission reductions while transcending limitations and “pointing the way to global energy security and shared prosperity.” Secretary Perry also shared the administration’s vision for enhancing US energy security and revitalizing the Appalachian region by replicating Port Houston’s petrochemical ability in proximity to the Marcellus and Utica Basins.

Global Energy DialogueBen van Beurden, CEO, Royal Dutch Shell, discussed Shell’s 2070 zero carbon emission target and how the company plans to cut its greenhouse gas emissions by 20% by 2035 and by 50% by 2050 by selling lower- emission products to customers, reducing its carbon footprint, and adding natural gas into its energy mix. Shell will continue to make oil and gas investments as part of its core business.

I don’t think there is an energy conference anywhere else in the world that has more attendance and has more of an impact for the industry than CERAWeek.

- Hon. Rick Perry, US Secretary of Energy

“

”



What’s Ahead for Global Gas Markets? explored opportunities for gas demand growth worldwide, particularly in the Asia Pacific and Europe.

Jack Fusco, President & CEO, Cheniere

Michael Stoppard, Chief Strategist, Global Gas, Energy, IHS Markit

Rainer Seele, Chairman, Executive Board & CEO, OMV

Hon. Matthew Canavan, Minister of Resources & Northern Australia & Senator for Queensland, Australia


Evolving Global Gas Business Models spoke about the LNG market becoming more commodity-like in the international energy markets with a resulting change in supplier-buyer relationships; and the need to include gas in environmental sustainability targets.

Charif Souki, Chairman, TellurianSimon Blakey, Advisor, Global Gas, Energy, IHS Markit

B.C. Tripathi, Chairman & Managing Director, GAIL (India)

Hendrik Gordenker, Executive Chairman, JERA



The Future of Transportation & MobilityMary Barra, Chairman & CEO, General Motors, discussed the “transportation revolution” and General Motor’s leading role as it strives to become a mobility company, with a focus on “zero crashes, zero emissions, and zero congestion.” Ms. Barra also spoke about GM’s investments in EVs, ride-sharing company Lyft, and autonomous-driving technology.

North American Ministerial DialogueCarlos Pascual (Chair), Senior Vice President, IHS Markit, led a discussion with Hon. Pedro Joaquín Coldwell, Secretary of Energy, Mexico; Hon. James Gordon Carr, Minister of Natural Resources, Canada; and Hon. Rick Perry, US Secretary of Energy. The ministers shared their perspectives on energy and cooperative development among their three nations, on the political and social challenges to infrastructure development, and on the differences between the countries’ environmental policies.


North America’s Gas FutureMichael Smith, Founder, Chairman & CEO, Freeport LNG; Al Monaco, President & CEO, Enbridge; and Torgrim Reitan, EVP, Development & Production USA, Equinor. The panel shared forward-looking views on natural gas across North America. North American natural gas is becoming a destination fuel and will be the dominant fuel around the world due in part to its low supply cost. To accomplish this, North America must continue to “replumb’’ its infrastructure to connect to the rest of the globe.

Ministerial Dialogue Hosaka Shin, Deputy Commissioner, Agency for Natural Resources and Energy; Ministry of Economy, Trade and Industry (METI), Japan; Arcandra Tahar, Vice Minister of Energy & Mineral Resources, Republic of Indonesia; Hon. Arjuna Ranatunga, Minister of Petroleum Resources Development, Sri Lanka; and HE Dr. Yuval Steinitz, Minister of Energy, Israel, spoke about energy resource diversification, regional successes and incentives for E&P, and developing LNG markets.


Gas & Renewables: Competitors or partners?Lord Browne of Madingley (Chair), Member, Board of Directors, IHS Markit & Executive Chairman, L1 Energy; Marco Alverà, CEO, Snam; Thomas Brostrøm, President, North America, Ørsted; Lisa Davis, CEO Energy & Member, Managing Board, Siemens; and De la Rey Venter, EVP, Integrated Gas Ventures, Shell Integrated Gas & New Energies. The panel discussed the possible objectives of the gas and renewables relationship moving forward, such as energy security, cost factors, and the reduction of emissions.

The Future of Global GasShankari Srinivasan (Chair), VP, Energy, IHS Markit; Andrew Brown, Upstream Director, Royal Dutch Shell; Robert Pender, Founder & Co-Chairman, Venture Global LNG; Anuar Taib, EVP & CEO Upstream, PETRONAS; and Mark Gyetvay, CFO & Deputy Chairman, Management Board, NOVATEK. The panel assessed energy markets and the global gas trade, how their companies are meeting the challenges of keeping LNG project costs down, and how the next wave of LNG projects will adapt to a shifting focus on shorter-term contracts.



Special Infrastructure Forum

Regulatory DialogueKevin McIntyre, Chairman, US FERC, discussed the resilience of the electrical grid and reviewing the energy infrastructure permitting process.

Building Tomorrow’s North American InfrastructureThe discussion centered on the importance of energy infrastructure to take advantage of the abundance of energy resources in North America and to safely and affordably move oil and gas to where it needs to go.

Russell Girling, President & CEO, TransCanada Steven Kean, President & CEO, Kinder Morgan

Brian McCabe, Managing Director & Co-Head, Americas Oil & Gas Group, Credit Suisse

Kelcy Warren, Chairman & CEO, Energy Transfer Partners


Conference-wide Dinner: Africa’s Energy Future explored the opportunities to invest and innovate in Africa and to commercialize and develop regional energy capabilities, infrastructure, markets, and regulatory structures.

Hon. Gabriel Obiang Lima, Minister of Mines, Industry & Energy, Equatorial Guinea

Samuel Gakunga, Chairman, Kenyan National Oil Company

HE Eng. Irene Nafuna Muloni, Minister of Energy & Mineral Development,Republic of Uganda

Dr. Tajudeen Umar, Member of Board of Directors, Nigerian National Petroleum Company

HE Professor Tiémoko Sangare, Minister of Mines & Petroleum, Republic of Mali

CERAWeek brings together all the oil, gas, and power generation leaders and executive of the world. It is an exciting place for exchange of ideas, viewpoints, and what’s going on.

- Mike Train, Executive President, Automation Solutions, Emerson

“”

Lance Uggla, Chairman & CEO, IHS Markit



Electric Power & Renewable Energy Plenaries

Global Power DialogueMin Wang, EVP, State Grid Corporation of China, spoke about State Grid Corporation of China’s goals on clean energy for power generation, plans to increase the share of power in final energy consumption, and the future of electric vehicle production and sales in China.

State of the North America Power BusinessThe plenary discussed the challenges and vision for the US power business, including the resiliency of the grid, EVs and needed infrastructure, and electrification on national and state levels.

Lawrence Makovich, VP & Senior Energy Advisor, IHS MarkitScott Prochazka, President & CEO, CenterPoint Energy

Patricia Vincent-Collawn, Chairman, President & CEO, PNM Resources

Pedro Pizarro, President & CEO, Edison International


Regulatory DialogueJone-Lin Wang (Chair), VP, Power and Renewables, IHS Markit, and Robert Powelson, Commissioner, US FERC, spoke about how FERC is guiding regulatory issues in a rapidly changing market dynamic where innovation has become a focal point.

Luncheon & Dialogue: Energy & the Cybersecurity ImperativeJoe Kaeser (below) President & CEO, Siemens, and Daniel Ennis (right), Global Head of Threat Intelligence & Operations, BlueVoyant & former Deputy Director, National Security Administration. The luncheon dialogue focused on how government agencies were designed to protect the government, not private industry, from cyberattacks, and the private sector’s need to improve its preparations for cybersecurity threats and resiliency.

Joe Kaeser, President & CEO, Siemens, announced the creation of Siemens’ “Charter of Trust,” a global cybersecurity initiative to align companies from a variety of industries in strengthening their defenses collectively.


Powering a New Energy FutureLawrence Makovich (Chair), VP & Senior Energy Advisor, IHS Markit; Thad Hill, President & CEO, Calpine; Geisha Williams, President & CEO, PG&E; and Lynn Good, Chairman, President & CEO, Duke Energy. The panel discussed challenges and opportunities facing rapidly evolving power markets.

Serving the Power Customer of the Future discussed the changing nature of demand and how big data is allowing their companies to design smarter systems to improve reliability, efficiency, and outreach to customers.

Jaime Francisco Hernández Martinez, General Director, Comisión Federal de Electricidad

Stephen Fitzpatrick, Founder & CEO, OVO Energy

Claudio Facchin, President, Power Grids Division & Member, Group Executive Committee, ABB



Technology & Fuel Choice for Tomorrow’s GenerationThe plenary assessed the changing technologies and the mix of power gen-eration, the need for energy storage and grid technologies, and the benefits of a diversified generation portfolio.

Coal’s Future: Opportunities amidst uncertaintyJesse Parrish, CFO, Blackhawk Mining; Kevin Crutchfield, CEO & Director, Contura Energy; and Paul Vining, CEO, The Cline Group. The executives spoke of the future of the US coal industry and how coal companies have cut costs with a focus on core competencies and markets.

Mohamed Al Hammadi, CEO, Emirates Nuclear Energy

Paul Browning, President & CEO, Mitsubishi Hitachi Power Systems Americas

Didier Holleaux, EVP, ENGIE Ernie Thrasher, CEO & CMO, Xcoal Energy & Resources


Dinner KeynoteWalter Isaacson, University Professor of History, Tulane University & author of Leonardo da Vinci, Steve Jobs, Benjamin Franklin, and Albert Einstein, focused on intersecting science and art and “being willfully curious” to think and apply lessons learned across disciplines to create innovative and disruptive ideas and technology.

One lesson from Leonardo [da Vinci], and from Steve Jobs, and Ben Franklin—all of whom were technologists—is, it’s not simply about the engineering; it’s about connecting humanities to the engineering so that [you] do something that actually connects to people [and that] fulfills a deep human need.

- Walter Isaacson

“”



Strategic Dialogues: Power & Renewables• Adjusting to the New Environment: Strategies to thrive in a low-carbon world • Balancing Future Power Choices in Texas • Capturing the Opportunity in Global Solar Markets • Developing Power: Critical choices for developing countries • Distributed Energy Resources: Transforming markets & innovations • Financing Power for a Changing Market • International Coal: Entering a new phase of the commodity cycle? • Latin America’s Future Power Mix • North American Wholesale Power Markets: How are they evolving?• Powering Asia’s Growth: Coal, gas, nuclear, or renewables? • Storage for Power Systems: How much & how fast? • Winds of Change: The future of onshore & offshore wind

Powering Asia’s Growth: Coal, gas, nuclear, or renewables? Quang Tran Tue, Deputy Director General, Electricity Regulatory Authority of Vietnam

Developing Power: Critical choices for developing countriesAndy Barrett (Chair), Senior Advisor, Global Gas & Power, Energy, IHS Markit; HE Eng. Irene Nafuna Muloni, Minister of Energy & Mineral Development, Uganda; Andrew Herscowitz, Coordinator, Power Africa; Sean Long, Founder & CEO, Endeavor Energy Holdings; and Robert Stoner, Deputy Director for Science & Technology, MIT

Latin America’s Future Power Mix Guillermo García Alcocer, Chairman, Energy Regulatory Commission (CRE) Mexico


Gas & Power• Blockchain & Electric Power • Changing Horizons for Latin America Gas & Power • Global Renewables: Technology, policy & markets • North American Power: A changing investment landscape • Outlook for Fuel Prices & Interfuel Competition • Outlook for North American Shale Gas: Appalachia & associated gas resuming dominance

North American Power: A changing investment landscape Mark Griffith, Senior Research Director, IHS Markit

Blockchain & Electric Power Audience member, Vibhu Kaushik, Director, Grid Technology & Modernization, SCE, participates in discussion

Global Renewables Jenny Yang, Manager, China Oil & Gas, IHS Markit

Changing Horizons for Latin America Gas & Power discussion

Changing Horizons for Latin America Gas & Power discussion

Expert Discussions


David Farr (right), Chairman & CEO, Emerson


Energy: Taking the long viewThe panel vigorously debated scenarios to 2050 and the pace of change in the global energy industry and infrastructure.

Reflections & Prospects

Daniel Yergin, Vice Chairman, IHS Markit

Hunter Hunt, CEO & President, Hunt Consolidated Energy

Vaclav Smil, Distinguished Professor Emeritus, University of Manitoba & author of Energy and Civilization: A History

Atul Arya, SVP & Chief Energy Strategist, IHS Markit

Peter Schwartz, SVP, Global Government Relations & Strategic Planning, Salesforce


Managing through Natural Disasters: What is the new learning?The panel spoke about the lessons learned by companies and governments from recent storms along the US Gulf Coast, as well as the human dimension of these natural disasters.

What’s Ahead in Washington?The Senators expressed optimism that a reduction in energy regulations would benefit the economy. They offered insight on a number of national and global issues on the political agenda.

...your conference is the best in the world on energy...leading the dialogue [on] new trends

- Hon. Paul M. Dabbar, Under Secretary for Science, US Department of Energy

“”

Hon. Lisa Murkowski, Chairman, US Senate Energy and Natural Resources Committee, Alaska Hon. John Cornyn, US Senate, Majority Whip, Texas

Hon. Sylvester Turner, Mayor, City of Houston, Texas

Brian Coffman, President & CEO, Motiva Enterprises

Eric Silagy, President & CEO, Florida Power & Light


The Challenges of Future Power SupplyThe panel discussed the benefits of a diversified fuel supply and infrastructure, the unintended consequences of government intervention that favors a particular type of generation, and the need for a simplified regulatory and permitting process.

Building the Energy Innovation EcosystemRobert Armstrong, Director, MIT Energy Initiative; Hon. Paul Dabbar, Under Secretary for Science, US Department of Energy; Rodi Guidero, Executive Director, Breakthrough Energy Ventures; Charles McConnell, Executive Director, Energy and Environment Initiative, Rice University; and Ganesh Kailasam, Technical Director, Oil and Gas Climate Initiative Climate Investments. The panel focused on the need for a mix of government research and investment, universities, and commercial investment to move forward advances in energy.


Christopher Crane, President & CEO, Exelon

Jeffrey Lyash, President & CEO, Ontario Power Generation


What Lies Ahead?In this wrap-up session, IHS Markit energy experts summarized the key themes that emerged during CERAWeek 2018.

Atul Arya, SVP & Chief Energy Strategist, IHS Markit

James Burkhard, Chief Researcher, Global Oil Markets & Energy Scenarios, IHS Markit

Susan Farrell, VP, Energy-Wide Perspectives, IHS Markit

Raoul LeBlanc, Managing Director, IHS Markit

Jone-Lin Wang, VP, Power and Renewables, IHS Markit

Shankari Srinivasan, VP, Energy, IHS Markit


Closing RemarksDaniel Yergin, Co-Chairman, CERAWeek & Vice Chairman, IHS Markit, and James Rosenfield, Founder & Co-Chairman, CERAWeek & Senior Vice President, IHS Markit, reflected on CERAWeek’s theme of “Tipping Point: Strategies for a new energy future” and the plans for CeRAWeek 2019.



EXPERIENCES featured hand’s on explorations of technologies—from the ABB Formula E car to competing with AI, the future of work, and next generation mobility.

Formula E Race Car ABB

Industrial machine learning vs. executive expertiseThe D20 Lab, AspenTech

YuMi: Collaborative robotABB

Digital Ecosystem: The future of workEmerson

Beyond Electric: An augmented reality, transportation experience with Hololens ABB

Innovation AgoraThe 2nd edition of the Innovation Agora @ CERAWeek—an open marketplace for ideas, dialogue, and experiences & connections—featured examples of the world of innovation and how the “great wave” of technology is transforming the energy industry. Topics ranged from blockchain to e-mobility, robotics, additive manufacturing, connectivity, cloud and digital technology.


STUDIOS provided interactive dialogues with industry leaders on emerging and disruptive technologies, models of innovation and investment strategies—ranging from robotics to the “electrification of everything,” cloud vs. edge, and next generation biofuels.

EV vs. ICE: Battle of technologies Dr. SSV Ramakumar, Director, R&D, Indian Oil, and Azizi Tucker, Co-Founder & CTO, Xing Mobility

Electric Power: Disruption, innovation & new business models Anuja Ratnayake, Director, Emerging Technology Strategy, Duke Energy

CERAWeek’s Innovation Agora is a must attend event for venture and private equity investors who want an executive-level perspective on the technology shaping the energy industry—both now and in the future.

- John Tincoff, Director, Strategic Initiatives, Romulus Capital

“”

Congratulations! You have created, nurtured, and entrenched an iconic forum for the exchange of opinions regarding energy.

- John W. Gibson, Jr., Senior Advisor, Energy Technology, Tudor, Pickering, Holt & Co.

“”

New Ways to Finance Energy InnovationCarolyn Seto (Chair), Director, Upstream Technology & Innovation, IHS Markit; John Gibson, Senior Advisor, Tudor, Pickering, Holt & Co.; Barbara Burger, President, Chevron Technology Ventures, Chevron; Johanna Schmidtke, Investment Director, Saudi Aramco Energy Ventures; and Rhea Hamilton, Ventures Director, OGCI Climate Investments


Studios

AI & Energy: Revolution or evolution?Mike Wynne (Chair), Senior Director, IHS Markit; Dr. Alec Gruss, Head of Digital Solutions, Siemens; Sila Kiliccote, Managing Director, Grid Innovations, Stanford Precourt Institute for Energy; Nick Revelas, Industry VP, Uptake; and Morag Watson, Chief Digital Innovation Officer, BP

I attended several Agora sessions during the week...a more intimate setting with more direct engagement with thought leaders talking candidly about their perspectives.

- Mark Brownstein ,VP, Climate & Energy, Environmental Defense Fund

“”

The Digitalization Transformation of Oil & Gas: What’s next?Judson Jacobs (Chair), Executive Director, Upstream Energy, IHS Markit; Vivek Chidambaram, Managing Director, Energy, Accenture Strategy; Babur Ozden, CEO, Maana; Jonathan Crane, VP, Wells Technology Development, Shell; Wan Shamilah Saidi, CDO, Petronas; and Arshad Matin, President, E&P Software, Emerson


The Cloud, the Edge & the Future of ConnectivityCliff Grossner (Chair), Senior Research Director, IHS Markit; Bill Vass, VP, Engineering, Amazon Web Services; Guido Jouret, CDO, ABB; and Claudio Fayad, VP, Technology, Emerson Automation Solutions

Blockchain, Electric Power & the Consumer: Disruption on the horizon? Eduard Sala de Vedruna (Chair), Director, PGCR, Energy, IHS Markit; Veronica Garcia, CEO & Founder, Bitlumens; David Martin, Co-Founder, Power Ledger; Hervé Touati, President, EnergyWeb Foundation; and Clark Wiedetz, Director, Microgrids, Siemens

The conference was orchestrated with perfection. The panels were fabulous, leading to fruitful conversations and excellent brain storming among the mix[ed] and diverse audience.

- Veronica Garcia, Co-Founder & CEO, Bitlumens

“

”

BLOCKCHAIN CENTRAL—a daily meet-up to discuss one of the newest technologies impacting and being implemented within energy industry sectors across the globe.


Voices of InnovationVOICES OF INNOVATION—new for 2018—offered intimate conversations with foremost and sometimes controversial thought leaders across technology, energy, and business, as well as a few book signings by some of the speakers.

Cloud Meets EnergyDiane Greene, CEO, Google Cloud, and Ashok Belani, CTO, Schlumberger

Inventive ImaginationMaynard Holt, CEO, Tudor, Pickering, Holt & Co., and Walter Isaacson, University Professor of History, Tulane University & author of Leonardo da Vinci


R&D Strategies for the Energy FutureRobert Armstrong, Director, MIT Energy Initiative, and Ahmad Al Khowaiter, CTO, Saudi Aramco

Evolving ourselvesJuan Enriquez, Managing Director, Excel Ventures & author of Evolving Ourselves

Are We at a Tipping Point?Dr. Fatih Birol, Executive Director, International Energy Agency

Inspiring the Next GenerationRich Wilson, President, sitesALIVE Foundation & author of Race France to France

Energy TransitionsProfessor Vaclav Smil, Distinguished Professor Emeritus, University of Manitoba & author of Energy and Civilization

Progress and the Energy Future Lord John Browne of Madingley, Board Member, IHS Markit & Executive Chairman, L1 Energy

Taming the SunVarun Sivaram, Fellow, Council on Foreign Relations & author of Taming the Sun

Educating Tomorrow’s Workforce David Farr, Chairman & CEO, Emerson


PODS—featured deep-dive presentations in an intimate, relaxed setting, ranging from Energy Innovation Pioneers to case studies and primers by leading technologists.

Global Offshore IoT Sampriti Bhattacharyya, CEO, Hydroswarm

The Future of Human-Plant Collaboration: A case study demo Libby Smith, Strategic Account Manager, ABB, and Hakon Berg, Technology Development Manager, ABB

Disrupting Subsea Services Matt Ondler, CEO, Houston Mechatronics, a TPH disruption company

Pods

Data Residency: Emerging challengesBill Vass, VP, Engineering, Amazon Web Services

DNA Sequencing: Revealing the reservoirAjay Kshatriya, CEO, Biota


Pipelines 4.0—Emerging opportunities and challenges Corie Allemand, Director, Pipelines, Siemens

Nanolaminated Alloys for Improved Return on Oilfield Assets Christina Lomasney, President & CEO, Modumetal

Modern CAD Tools for Modern Design Jon Hirschtik, Co-Founder & CEO, Onshape


CAFÉ & LOUNGE provided the community with opportunities to work, connect & explore the space.

THE DISRUPTORS DINNER explored the intersection of culinary art with innovation, inspiration & disruption.

Paranji Sanjay, VP, Technology, Anadarko Petroleum

Kaiser Lashkari, Chef, Himalaya Restaurant & Catering, and Ruffy Sulaiman, Executive Chef, Hilton Americas

Maynard Holt, CEO, Tudor, Pickering, Holt & Co. Audience at Disruptors Dinner

Mark Menke (left), Mergers and Acquisitions, Chevron Melody Meyer (center), Non-Executive Director, BP Corie Allemand (right),

Director, Pipelines, Siemens

Innovation Agora


Special CERAWeek Programs: Women in Energy CERAWeek’s Women in Energy program advanced camaraderie, informal dialogue, and networking in support of the growing professional community of women in energy. In addition to attending and contributing to CERAWeek, Women in Energy participants enjoyed a networking reception, a strategic dialogue, and dinner.

Hon. Ryan Zinke, US Secretary of the Interior; Emma Cochrane, VP, LNG, ExxonMobil Gas & Power Marketing Company; and Jack Gerard, CEO, American Petroleum Institute (API)

Janice Ee-Ping Mah, Global HR Design & Planning Manager, ExxonMobil; Ray Dempsey, Chief Diversity Officer, BP; and Carol Singleton-Slade, Global Head, Energy Practice, Egon Zehnder

Inclusion & Diversity – Strategic Dialogue

It was the best organized, most professional conference I have attended. It was also an amazing collection of the right people... Thanks again for an A+ conference.

- Mike Hogan, CEO, Deep Data

“”

Tyra Metoyer, Manager, External Mobilization, API, and Lisa Salley, VP, Global Industry Services, API

Katie House (center), Lead Engineer, Controls Engineering, GE Power

Conversation at Women in Energy reception

Women in Energy reception

José Pérez (center), Chairman & CEO, Hispanics in Energy

Reception


Pratima Rangarajan, CEO, OGCI Climate Investments

Pat Vincent-Collawn, Chairman, President & CEO, PNM Resources, and Shankari Srinivasan, VP, Global Gas & EMEA Power, Energy, IHS Markit

Hon. Rick Perry, US Secretary of Energy, and Starlee Sykes, Regional President, Gulf of Mexico & Canada, BP

Rupshikha Borah, CFO, Oil India

Women Leaders in Energy DinnerThe Women Leaders in Energy dinner celebrated the growing impact and contribution of women to the energy industry.

SueLena Thompson, Executive Producer, Special Programs, IHS Markit



Members of the Future Energy Leaders program formed a unique community and engaged in learning, dialogue, and networking opportunities at the conference. The Future Energy Leaders program cultivated exceptional individuals from companies, policy & academic institutions, and NGOs to help empower them to meet current and future energy challenges. The program offered opportunities to interact with peers and to partake in thought leadership discussions led by prominent executives and officials.

Participants joined Future Energy Leader meetings and receptions and enjoyed use of the private Future Energy Leaders networking lounge. Participants were nominated by supporting CERAWeek Partners committed to developing the next generation of leadership.

Future Energy Leaders hailed from ABB, ADNOC, Aramco, BHP, BP, Chevron, ConocoPhillips, Dow Chemical, EEI, Emerson, Equinor, ExxonMobil, JOGMEC, MIT, PEMEX, PETRONAS, Schneider Electric, Shell, Siemens, and TOTAL.

In one week as a Future Energy Leader, I networked with the world’s top energy CEOs and held my own discussing politically ‘hot’ topics. I acted as an Emerson ambassador on the world’s largest energy stage and, ultimately, gained invaluable perspective on what energy leadership means on a personal, professional, and global level.

-Jessica Jordan Product Marketing Manager

Emerson Automation Solutions

Steve Sonnenberg, Senior Advisor, Emerson Automation Solutions, presents to Future Energy Leaders

Carmen Garibi Schlumberger

Kegan Rodrigues, BP; Anish Simon, Equinor; and Jessica Jordan, Emerson Automation Solutions

Katie Sloan SCE

“

”

Future Energy Leaders

C. Fred Higgs, III (presenter), Vice Provost for Academic Affairs and Faculty Director, Rice Center for Engineering Leadership (RCEL)

Charles McConnell (presenter), Executive Director, Energy and Environmental Initiative, Rice University


Ali Salem Al Rawahi ADNOC

Mutib Al-Harbi MOTIVA Enterprise

The Professional Development Program (PDP) provided intensive case-study leadership training. The program was available to eligible candidates from CERAWeek partners, offering unique learning and a global community of peers. Held the weekend prior to CERAWeek, this two-day course was taught by Harvard Business School Professor Forest Reinhardt. The program consisted of seven sessions:

• Fundamental Economics & Politics of Energy• Strategy & Energy• Energy from the Producer’s Perspective: Norway• Energy from the Perspective of a Consumer: China• Energy in the United States• Market Mechanisms & Environmental Externalities• Energy in the Global Future

Not only have I made lifelong friends, but PDP re-instilled my love of learning and influencing positive change in the world. Because of CERA PDP, I am re-motivated in my career.

-Stephanie Brouse, Director, Uptake Technologies, Inc.

Professional Development Program, Class of 2018

Stephanie Brouse, Uptake Technologies, Inc.

PDP participants from ADNOC with Daniel Yergin, Vice Chairman, IHS Markit

“

”

Renee Hunter, Equinor

Professional Development Program


Seven startups, chosen from a cross-section of oil & gas, power, renewable, and digital sector, were recognized as Energy Innovation Pioneers. Selected from a field of over 500 candidates, by an independent panel of IHS Markit energy technology experts, the Pioneers embody the vanguard of game-changing technologies and business models that have the potential to disrupt the global energy industry.

2018 Energy Innovation Pioneers

Energy Innovation Pioneers

• 1366 Technologies—low-cost, high-quality solar wafer manufacturing process to reduce cost of solar energy• Claroty—cybersecurity platform tailored for the operational technology environment • Clean Energy Collective—builds and operates community-share clean energy facilities and enables individuals to participate in renewable energy generation• ES Xplore—interprets electromagnetic and seismic signals for a direct hydrocarbon indicator to reduce risk in conventional exploration• FogHorn Systems—edge-computing platform enabling the Industrial Internet of Things and bringing new analytics capability to the field• M-TriGen—onsite micro-combined cooling, heat & power engine to enable energy resilience• Water Lens—oilfield water–testing platform for reliable water analysis from any location

Opportunities in the New Energy LandscapeCarolyn Seto (Chair), Director, Upstream Technology & Innovation, IHS Markit; Galina Antova, Co-Founder & Chief Business Development Officer, Claroty; Keith Cole, Founder & CEO, Water Lens; David King, CEO, FogHorn Systems; and Dan Meyer, CEO, ES Xplore

Harnessing Innovation to Cut Costs& Increase Consumer Choice Alex Klaessig (Chair), Director, Power, Gas, Coal, & Renewables, IHS Markit; Paul Spencer, CEO, Clean Energy Collective; Frank van Mierlo, CEO, 1366 Technologies; and Kevin Robert, Chairman & CEO, M-TriGen


Frank van Mierlo, CEO, 1366 Technologies

Paul Spencer, CEO, Clean Energy Collective

David King, CEO, FogHorn Systems

Keith Cole, Founder & CEO, Water Lens

Galina Antova, Co-Founder & Chief Business Development Officer, Claroty Kevin Robert, Chairman & CEO, M-TriGen Dan Meyer, CEO, ES Xplore


Partnership @ CERAWeek

Partners support the core CERAWeek mission—knowledge sharing, insight generation, and professional community. Partners contribute thought leadership, perspectives, expertise, and enhanced executive participation in public and private CERAWeek programs. Partners benefit by deepened engagement and relationships, as well as heightened experience and visibility at CERAWeek.

Benefiting from the culture of idea exchange and learning that defines CERAWeek, the Partnership program provides highly focused and enhanced engagement in the CERAWeek community.

HE Mohammad Barkindo, Secretary General, OPEC

Upstream Leadership Circle

North American Independents CEOs John Hess (right), CEO, Hess

Vanessa Sobers, Director, Marketing & Communications, Executive Education, Jesse H. Jones Graduate School of Business, Rice University

I was highly impressed with the overall discussion and sharing of international and educational points of view and expertise.

- Senior Delegate, Leadership Circle

“”

Partnership Lounge


Leadership CirclesThe 2018 Leadership Circles are programs exclusively for senior executives in the communities of Upstream, Downstream, Financial Officers, Upstream Technology, Global Gas, Global Power, and North American Independents. Leadership Circles allowed focused, highly interactive discussions.

Additional Partner Programs• Africa Energy Roundtable• Energy Innovation Forum• Explorers Reception & Dinner• Global Scenarios Workshop• Ministerial Briefing on Mobility• Ministerial Roundtable on Climate & Sustainability• Ministerial Roundtable with Financial Community• Mobility & the Energy Future Workshop• North America Infrastructure Forum• OPEC Ministers Meeting• Regulators Roundtable• Super Basin Workshop

North American Infrastructure ForumHon. James Carr, Minister of Natural Resources, Canada; Hon. Rick Perry, Secretary of Energy, United States; and Hon. Pedro Joaquín Coldwell, Secretary of Energy, Mexico

Mobility & the Energy Future WorkshopMarcos Browne (left), EVP, Gas & Power, YPF

Energy Innovation Forum: Yasushi Fukuizumi, Executive Officer & Technical Fellow, VP, Power Systems, Mitsubishi Heavy Industries; Bashir Dabbousi (seated), Director of Technology Strategy & Planning, Saudi Aramco; John Gibson, Senior Advisor, Tudor, Pickering, Holt & Co.; and Barbara Burger, President, Chevron Technology Ventures

Ministerial Roundtable with Financial Community Front row: Hon. Gabriel Obiang Lima, Minister of Mines, Industry & Energy, Equatorial Guinea; HE Mohammad Barkindo, Secretary General, OPEC; and HE Eng. Carlos Pérez, Minister of Hydrocarbons, Republic of Ecuador

Gretchen Holloway, SVP & CFO, ITC Holdings, speaks at Financial Officers Leadership Circle


Partnership Programs: EPICsEnergy Partner Informal Conversations (EPICs) are roundtable discussions bringing together international leaders.

• Hon. Daniel Sullivan, US Senator, Alaska • Hon. Ryan Zinke, Secretary of the Interior, United States• Hon. Makhambet Dosmukhambetov, First Vice Minister of Energy, Republic of Kazakhstan• HE Suhail Mohamed Al Mazrouei, Minister of Energy & Industry, United Arab Emirates• HE Terje Søviknes, Minister of Petroleum and Energy, Norway• Hon. Pedro Joaquín Coldwell, Secretary of Energy, Mexico• Hon. Rick Perry, Secretary of Energy, United States• HE Eng. Carlos Pérez, Minister of Hydrocarbons, Republic of Ecuador• Hon. Lisa Murkowski, Chairman, Senate Energy and Natural Resources Committee, United States


Jonathan Gear, EVP, IHS Markit (Host)

Hon. Pedro Joaquín Coldwell, Secretary of Energy, Mexico

Hon. Daniel Sullivan, US Senator, Alaska

HE Terje Søviknes, Minister of Petroleum & Energy, Norway Hon. Rick Perry, US Secretary of Energy

Hon. Lisa Murkowski, Chairman, US Senate Energy & Natural Resources Committee, Alaska


Media Coverage & Impact• 4,200 delegates, including 400+ CEOs, 2000+ senior

executives, 50+ government officials, thought leaders, NGOs, and IHS Markit experts

• 900+ organizations representing over 75 countries

• 650+ speakers on energy, strategy, markets, finance, economics, geopolitics, and technological innovation

• 300+ accredited journalists onsite, representing top global media (25% from internationally based outlets)

• 13+ billion total media impressions

• 23,000 social media mentions (22% increase from 2017)

• Over 1 million Twitter impressions (275% increase from 2017)

• CNBC dedicated over 4 hours live

• Approximately 100 segments of broadcast news coverage at CERAWeek by CNBC, Nightly Business Report, Bloomberg TV, and others

CNBC studio @ CERAWEEk

Daniel Yergin, Co-Chairman, CERAWEEk & Vice Chairman, IHS Markit, interviews Hon. Rick Perry, US Secretary of Energy

Susan Kish, Innovation Agora Curator


CERAWeek Foundational Partners


ARTWORK FILE - 22 APRIL 2013PETRONAS LOGOFLAT CMYK COLOUR VERSION

C100 M000Y050 K000

C000 M000Y000 K090

CERAWeek Strategic Partners


Precourt Institute for Energy

CERAWeek Industry Partners


24, rue Salomon de Rothschild - 92288 Suresnes - FRANCETél. : +33 (0)1 57 32 87 00 / Fax : +33 (0)1 57 32 87 87Web : www.carrenoir.com

TOTALTOTAL_brand_block_CMYK30/01/2014

RÉFÉRENCES COULEUR

M100% Y80%

M48% Y100%

C100% M80%

C70% M30%

M100% Y80%

K70%

Precourt Institute for Energy

Agora Partners

Agora Foundational Partners


Media Partner

CERAWeek Digital Hub

Data and Analytics: The next frontier: Paul Markwell (Chair), VP, Upstream Oil & Gas, IHS Markit; Yaakov Mutnikas, EVP, Financial Market Technologies, IHS Markit; John Hague, SVP & General Manager, APM, AspenTech; Manas Satapathy, Managing Director, Accenture Strategy; and Doug Arent, Deputy Associate Laboratory Director, Scientific Computing and Energy Analysis, National Renewable Energy Laboratory

Women in Energy Partners


Emma Cochrane, VP, LNG, ExxonMobil Gas & Power Marketing Company, addresses the Women in Energy reception

Conversation at Regulator’s Roundtable: HE Professor Tiémoko Sangare, Minister of Mines & Petroleum, Republic of Mali (Center)

Future Energy Leaders private reception hosted by Emerson and Credit Suisse

Professional Development Program participants from ADNOC


2018 Featured Speakers (partial list)

Marco Alverà CEO, SnamGreg ArmstrongChairman & CEO, Plains All AmericanMary BarraChairman & CEO, General MotorsBen van BeurdenCEO, Royal Dutch ShellDr. Fatih BirolExecutive Director, IEAPatricia Vincent-CollawnChairman, President & CEO, PNM ResourcesChristopher CranePresident & CEO, Exelon Tim DovePresident & CEO, Pioneer Natural ResourcesBob DudleyGroup Chief Executive, BPDavid FarrChairman & CEO, EmersonJack FuscoPresident & CEO, CheniereRussell GirlingPresident & CEO, TransCanadaLynn GoodChairman, President & CEO, Duke EnergyHendrik GordenkerExecutive Chairman, JERADiane GreeneCEO, Google CloudMohamed Al Hammadi CEO, Emirates Nuclear Energy Corp.John HessCEO, Hess CorporationVicki HollubPresident & CEO, Occidental Petroleum CorporationMusabbeh Al KaabiCEO, Petroleum & Petrochemicals, Mubadala Investment CompanyJoe KaeserPresident & CEO, SiemensSteven KeanPresident & CEO, Kinder MorganPaal KibsgaardChairman & CEO, SchlumbergerKeisuke KurokiPresident, JOGMECRyan LanceChairman & CEO, ConocoPhillipsAndrew LiverisExecutive Chairman, DowDuPont

Jeffrey LyashPresident & CEO, Ontario Power GenerationJaime Francisco Hernández MartínezGeneral Director, CFEShunichi MiyanagaPresident & CEO, Mitsubishi Heavy IndustriesHital MeswaniExecutive Director, Member of the Board, Reliance IndustriesAl MonacoPresident & CEO, EnbridgeAmin NasserPresident & CEO, Saudi AramcoSara OrtweinPresident, XTO EnergyPedro ParenteCEO, PetrobrasPedro PizarroPresident & CEO, Edison InternationalRobert PenderFounder & Co-Chairman, Venture Global LNGPatrick PouyannéPresident & CEO, TOTALLorenzo SimonelliChairman & CEO, Baker Hughes, a GE CompanySanjiv SinghChairman, Indian Oil CorporationMichael SmithChairman, CEO & Founder, Freeport LNGCharif SoukiChairman, TellurianUlrich SpiesshoferPresident & CEO, ABBErnie ThrasherCEO, Xcoal Energy & ResourcesCarlos TreviñoCEO, PEMEXB.C. TripathiChairman & Managing Director, GAIL (India)Min WangEVP, State Grid Corporation of ChinaKelcy WarrenChairman & CEO, Energy Transfer PartnersJeremy WeirCEO, Trafigura GroupGeisha WilliamsPresident & CEO, PG&EWan ZulkifleePresident & Group CEO, PETRONAS

OFFICIALS EXECUTIVESJosé Antonio González AnayaFinance Minister, MexicoHon. Pedro Joaquín ColdwellSecretary of Energy, MexicoHon. Rick PerrySecretary of Energy, USHon. Ryan ZinkeSecretary of the Interior, USHon. Matthew CanavanMinister for Resources & Northern AustraliaHon. James Gordon CarrMinister of Natural Resources, CanadaHE Sultan Ahmed Al JaberMinister of State, UAE; CEO, ADNOCHon. Gabriel Obiang LimaMinister of Mines, Industry & Energy, Equatorial Guinea HE Suhail Mohamed Al MazroueiMinister of Energy & Industry, UAEHE Irene Muloni Minister of Energy, Uganda HE Carlos PérezMinister of Hydrocarbons, EcuadorHE Bakheet Al-RashidiMinister of Oil, Electricity & Water, Kuwait; Chairman, Kuwait PetroleumHE Mohammed Saleh Abdulla Al SadaMinister of Energy & Industry, QatarHE Terje SøviknesMinister of Petroleum and Energy, NorwayHE Yuval SteinitzMinister of National Infrastructure, Energy & Water, IsraelHosaka ShinDeputy Commissioner, Agency for Natural Resources and Energy, METI, JapanHE Mohamed Abdel VetahMinister Petroleum, Energy, & Mining, MauritaniaHE Mohammad Sanusi BarkindoSecretary General, OPECPatricia EspinosaExecutive Secretary, UNFCCCHon. John CornynMajority Whip, US Senate (Texas)Hon. Lisa Murkowski Chairman, US Senate Energy & Natural Resources Committee (Alaska)Hon. Daniel SullivanUS Senator, AlaskaHon. Kevin McIntyreChairman, FERC, United StatesRobert KaplanCEO, Federal Reserve Bank of Dallas


Past Featured Speakers (partial list)

Nick AkinsChairman, President & CEO, American Electric Power Nizar Al-AdsaniDeputy-Chairman & CEO, Kuwait Petroleum Corp.Vagit AlekperovPresident, LukoilGreg Boyce Chairman & CEO, Peabody Energy Corp.Peter ColemanCEO, Woodside PetroleumIain ConnCEO, Centrica Theodore CraverChairman & CEO, Edison InternationalLeo DenaultChairman & CEO, EntergyClaudio DescalziCEO, EniThomas FanningChairman & CEO, Southern CompanyThomas Farrell, IIChairman, President & CEO, DominionIgnacio S. GalánChairman & CEO, IberdrolaGreg GarlandChairman & CEO, Phillips 66Bill GatesCo-Chairman, Gates FoundationAndrés GluskiPresident & CEO, AESGregory GoffChairman & CEO, AndeavorMiguel GutiérrezChairman, YPFDavid HagerPresident & CEO, Devon Energy Lewis Hay, IIIChairman & CEO, NextEra EnergyHarold HammChairman & CEO, Continental ResourcesGary HemingerChairman & CEO, Marathon PetroleumJeffrey ImmeltChairman & CEO, General ElectricRichard KinderExecutive Chairman, Kinder MorganBill KlesseChairman & CEO, Valero Energy

Isabelle KocherCEO, EngieRobert LawlerPresident, CEO & Director, Chesapeake EnergyJean-Bernard LévyChairman & CEO, EDFFanrong LiCEO & President, CNOOCZhenya LiuChairman, State Grid Corporation of ChinaAndrew MackenzieCEO, BHPMpho MakwanaChairman, Eskom HoldingThomas MayChairman, President & CEO, Eversource Energy Alexander MedvedevDeputy Chairman of the Management Committee, GazpromSteve MuellerChairman & CEO, Southwestern EnergyMohamed Jameel Al RamahiCEO, MasdarEldar SætrePresident & CEO, EquinorIgor SechinExecutive Chairman & CEO, RosneftFred SmithFounder, Chairman, President & CEO, FedExJB StraubelCo-Founder & CTO, TeslaJim TeagueCEO, Enterprise Products Partners Peter TeriumCEO, innogyJean-Pascal TricoireChairman & CEO, Schneider ElectricRex TillersonChairman & CEO, ExxonMobil & US Secretary of StateR.A. WalkerChairman, President & CEO, AnadarkoYilin WangChairman, CNPCJohn WatsonChairman & CEO, ChevronSteve WilliamsPresident & CEO, Suncor EnergyDarren WoodsChairman & CEO, ExxonMobil

OFFICIALS EXECUTIVESPresident George W. BushPresident Bill ClintonPresident Enrique Peña NietoMexicoPrime Minister Justin TrudeauCanadaPresident Ólafur Ragnar GrímssonIcelandPresident Paul Kagame RwandaHenry KissingerUS Secretary of StateErnest MonizUS Secretary of EnergyHenry PaulsonUS Secretary of the Treasury Ben BernankeChairman, US Federal ReserveHE Berat Albayrak Minister of Energy & Natural Resources, TurkeyTomás González EstradaMinister of Mines & Energy, ColombiaHE Khalid A. Al-FalihMinister of Energy, Industry & Mineral Resources, Kingdom of Saudi Arabia HE Jabbar Ali Al-LuiebiMinister of Oil, Republic of IraqSalvador NambureteMinister of Energy, MozambiqueHon. Jesse Norman MP Parliamentary Under Secretary of State, Minister for Energy & Industry, UKHE Alexander NovakMinister of Energy, Russian FederationHE Shri Dharmendra Pradhan Minister of State, Independent Charge, Ministry of Petroleum & Natural Gas, IndiaMohammed Hamed Saif Al-RumhyMinister of Oil & Gas, OmanJosé Maria Botelho de VasconcelosMinister of Petroleum, AngolaScott PruittAdministrator, US EPAGen. Keith AlexanderDirector, US NSA Commander, US Cyber CommandAdmiral Mike MullenChairman, US Joint Chiefs of StaffJohn HickenlooperGovernor of ColoradoJohn KasichGovernor of Ohio


Past Speakers

Bill Gates, Co-Chairman, The Gates Foundation

President Bill Clinton and President George W. Bush with Dr. Daniel Yergin

Admiral Mike Mullen, Former Chairman, US Joint Chief of Staffs

Henry Kissinger US Secretary of State

Ernest Moniz US Secretary of Energy

Yilin Wang, Chairman, CNPC Isabelle Kocher, CEO, Engie Zhenya Liu, Chairman, State Grid Corporation of China


Insight into the energy future®

Iain Conn, CEO, Centrica

Rt. Hon. Justin TrudeauPrime Minister, Minister of Intergovernmental Affairs & Minister of Youth, Canada

Richard Kinder, Co-Founder, Chairman & CEO, Kinder Morgan

HE Shri Dharmendra Pradhan, Minister of State, Independent Charge, Ministry of Petroleum & Natural Gas, India

Ben Bernanke, Chairman, US Federal Reserve System

JB Straubel, Co-Founder & CTO, Tesla

HE Khalid A. Al-Falih, Minister of Energy, Industry & Mineral Resources, Kingdom of Saudi Arabia

President HE Paul Kagame Republic of Rwanda

Fred Smith, Founder, Chairman & CEO, FedEx


CERAWeek 2019

March 11–15, 2019Hilton Americas, Houston, Texas

www.ceraweek.com

Participation: Rob Fraser: +44 77 33 00 11 [email protected]

Partnership & special programs:Todd Szczebak: +1 [email protected]

Speaking & programming:Richard Slucher: +1 202 857 [email protected]

Media inquiries:Jeff Marn +1 [email protected]

General inquiries:[email protected]

For more information, contact:

CERAWeek Digital Hub: https://live.ceraweek.com

About IHS Markit (www.ihsmarkit.com)

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 85 percent of the Fortune Global 500 and the world’s leading financial institutions.

IHS Markit is a registered trademark of IHS Markit Ltd. All other company and product names may be trademarks of their respective owners © 2018 IHS Markit Ltd. All rights reserved.

ceraweek 2018 in review - ihs markit › www › pdf › ceraweek-2018-in-review.pdf ·...

Documents