Twenty-six of the world's leading oil and gas industry leaders gathered in Abu Dhabi today to go over the advancing power landscape amidst shifting dynamics of supply and demand, at the 2nd Abu Dhabi Chief Executive Officer Roundtable.
The senior executives were welcomed to the roundtable, held at ADNOC's Corporate headquarters in the UAE funding, by ADNOC.
The roundtable focused on changes in the structure of the energy market, especially oil and the influence of electrification on the oil-auto system - and the need to discover an usual logical approach to gauge the degree of that impact on oil demand.
H.E. Dr Al Jaber said: "This was an important and unique possibility for oil and gas industry leaders to share understandings and viewpoints on the progressing energy landscape and just how it's influencing supply and demand for our products. The roundtable allowed us to take part in open discussion and assess the technological and financial variables shaping the oil, gas and petrochemical industries."
The roundtable was regulated by Dr Daniel Yergin, Vice Chairman IHS Markit, Pulitzer-Prize winning writer and energy economist.
" The CEO Roundtable was an exceptional possibility to think about the close to, tool and long-lasting expectations for the power industry and the world where it runs," commented Dr Yergin. "The high-level engagement by the world's leading oil, gas and petrochemical chief executives is a demo of the assembling power of the management of the UAE, Abu Dhabi and ADNOC. A rich and extensive conversation deepened the understanding of the variables forming the global energy landscape and just how best to navigate them."
n addition to H.E. Dr Al Jaber, the roundtable was attended by Amin H. Al-Nasser, President and CEO, Saudi Aramco; Dr. Kurt Bock, Chairman BASF; Mark Garrett, CEO, Borealis; Bob Dudley, Group Chief Executive, BP; Chan Chauto, President, CEFC, China; Pedro Miro Roig, Vice Chairman and CEO, CEPSA; H.E. Wang Yilin, Chairman, CNPC; Darren Woods, Chairman and CEO, Exxon Mobil; Hunter L. Hunt, President, Hunt Consolidated Energy; Sanjiv Singh, CEO, Indian Oil Company; Toshiaki Kitamura, President and CEO, INPEX: Yasushi Kimura, Chairman of the Board, JXTG Holdings (JX-Nippon Oil and Gas Exploration); Nizar Al-Adsani, Deputy Chairman and CEO, KPC; Dr. Vagit U. Alekperov, President, LUKOIL; Musabbeh Al Kaabi, CEO Petroleum and Petrochemicals, Mubadala Investment Company; Todd Karran, President and CEO, Nova Chemicals; Dr. Rainer Seele, Chairman and CEO, OMV; Vicki A. Hollub, President and CEO, OXY; Dr. Antonio Costa Silva, Chairman of the Management Commission, Partex; José Antonio González Anaya, CEO, PEMEX; Tan Sri Wan Zulkiflee Wan Ariffin, President and Group CEO, Petronas; Rovnag Ibrahim Abdullayev, President SOCAR; Frank Ning, Chairman of the Board, SINOCHEM Group; Eldar Saetre, CEO, Statoil and Patrick Pouyanné, Chairman of the Board and CEO, Total.
The 2nd annual gathering of its kind in the Middle East, the Abu Dhabi CEO Roundtable was hung on the eve of ADIPEC, the world's premier oil and gas conference, occurring in the UAE's funding, from November 13-16.