The 25th Yearly Middle East Petroleum & Gas Conference (MPGC 2017) to be kept in Dubai, UAE from April 30 - May 2, 2017 is rapidly collecting steam with Ministers, super major Chief executive officers, oil company senior monitoring and various other industry heavy-weights all signing up with as speakers, also as the global oil markets emulate volatility in costs and need. Greater than 400 delegates are anticipated at MPGC 2017 and 650 for MPGC Week occasions being held from April 29 to May 4.

His Highness Sheikh Ahmed bin Rashid Al Maktoum, Chairman of the Supreme Council for Energy and His Excellency Saif Humaid Al Falasi, Group CEO of Emirates National Oil Company (ENOC) are both anticipated to participate in the MPGC commencement on May 1, 2017.

Keynote Addresses will certainly be provided Mr. Bakhit Al-Rashidi, Chief Executive Officer & President of Kuwait Oil International Ltd., Mr. Eelco Hoesktra, Chief Executive Officer of Royal Vopak, and Mr. Sanjiv Singh, Refineries Director of Indian Oil Corporation Limited(CMD Designate).

Mr. Harold Hamm, Chairman & President of Continental Resources Inc. will offer an unique address on U.S. 'Limited Oil Production: Where We are Heading'.

Heads of trading and supply at the corporate level will certainly take the helm with Keynote Trading Resolves by Mr. Colin Parfitt, President, Supply & Trading of Chevron Corporation, Mr. Christopher Bake, Executive Board & Head of Origination of Vitol, and Mr. Keith Martin, President of Uniper Global Commodities.

Other distinguished speakers consist of Eng. Ahmed Mohammed Alkaabi, Assistant Undersecretary for Oil Gas & Mineral Resources, Ministry of Energy & UAE OPEC Governor, Dr. Sun Xiansheng, Secretary General of IEF, and Mr. Mohamed Firouz Asnan, Vice President, Marketing & Refining of Petronas.

In its nine year as a host of MPGC, ENOC's top-level presence includes speakers and chairs from the Group's Executive Leadership group consisting of Mr. Hesham Ali Mustafa, Executive Director, Group Strategy & New Business Growth, that will stand for ENOC on the MPGC 2017 International Advisory Committee, along with Mr. Farid Badri, Director of Refinery and Mr. Aakash Nijhawan, Head of Investments & Corporate Solutions as speakers.

Talking about ENOC's involvement, His Excellency Saif Humaid Al Falasi, Group Chief Executive Officer of ENOC and Co-Chairman of MPGC 2017, stated, "Oil remains the key contributor to the direction of GCC markets for the 2nd consecutive year, after the oil result reduced arrangement was sealed. With oil rates surging to an 18-month high by year-end 2016, the top priority for GCC economic situations will certainly be to maintain a well balanced allocate their corresponding nations by 2020. Provided the impact of volatile price atmosphere and strict sustainability targets on the energy industry, National Oil Companies are checking out alternate models of doing business and occasions like MPGC offer a suitable platform to talk about how we can incorporate the outcomes of the new oil future right into our long-term goal to branch out the power mix. Our assistance of the event enhances our dedication to more establishing the Middle East oil and gas field and eventually redefining the industry for the improvement of the communities we serve."

Dr. Fereidun Fesharaki, Chairman of FGE, leading oil and gas industry experts for the Middle East and Asia and Co-Chairman of MPGC 2017 stated, "The oil market has actually participated in a new stage. Market share policy is supplemented by market administration plan. The historical OPEC choice to reduce production by 1.2 mmb/d in late November sustained by the non-OPEC commitment of some 600 kb/d have affected oil prices substantially. Meanwhile oil demand continues to be solid with some 1.5 mmb/d of development expected in 2017. The refining business appears poised for a smooth trip over the next few years, but there is most likely to be another round of refinery construction in Asia and the Middle East. The IMO bunkering policy placing a sulfur cap of 5,000 ppm (0.5%) is creating a chaos on the market and several options to reply to this remarkable change get on the table. The natural gas market encounters a various collection of challenges with re-balancing for LNG taking much longer compared to oil markets. The upstream jobs in Iran are in full speed, yet all might be impacted by President Trump's policy, while Iraq continues to broaden outcome when faced with political and financial obstacles. MPGC 2017 will certainly resolve and review all these problems and more."

MPGC 2017 will certainly assemble under the theme "The Turbulent Path to an Oil Market Recuperation: The Challenge of Getting to a Well balanced and Lasting Rate," giving the framework of chances for the oil and gas markets in spite of the turbulence as well as the new and recurring techniques for the global oil and gas markets.