Innovation in robotics is expanding dramatically, along with its application to the energy industry. What lies ahead for the robotics revolution? What frontier technologies and opportunities are emerging? How are robotics transforming upstream and downstream oil operations? How can companies take advantage of the power of robotics?
Technology is making the once inaccessible planet accessible, transforming our understanding of the ocean. This will have important implications for energy – from deep water oil and gas to offshore wind, shipping and more. Breakthrough advances -- from robotics to communication to analytics -- enable deployment of increasingly sophisticated capabilities in demanding and remote environments to improve our understanding of the ocean environment. Join for an exciting glimpse of the ocean future.
Projecting the demand for oil has been a focus for researchers, oil executives, economists, and policy makers for decades. Price outlooks and investment strategies depend upon those projections. The methodologies for forecasting demand have traditionally been based on forecasts for GDP growth, motorization and population growth. How will the rise of alternative fuels for transport, in particular EVs impact the outlook for oil demand? Will recent advances in data analytics improve accuracy? What are the underlying reasons for wide range of forecasts for peak in oil demand?
MOVE TO MARCH 4 IN CVENT AND CROWDCOMPASS
Additive manufacturing is combining with agile design to drive fundamental change in global supply chains. How will the new world of distributed manufacturing disrupt traditional borders and supplier relationships? What are the risks and opportunities for the energy industry arising from this technology revolution?
Blockchain has powerful potential energy applications – and risks. This technology promises to enable “smart” supply chains, e-governance platforms, asset tracking systems and contracts. What does blockchain portend for new and disruptive business models? Gain insight from oil blockchain pioneers on emerging oil industry applications and strategies at this session co-hosted with Global Blockchain Business Council (GBBC)
Is it time to re-evaluate the potential of hydrogen to carry energy efficiently and with low emission across multiple applications? How is technology driving disruptions needed to push hydrogen into reality? How are the changing supply and technology improvements driving hydrogen's role in the clean energy sector?
Formula car racing is all about accelerating the pace of innovation. How is Formula E (E for electric) reinventing both car racing and EVs - especially batteries? Will it lead to new innovations in electric cars just as Formula One transformed the Internal Combustion Engine (ICE)?
The North Sea is the focus of intense global interest, driven by innovation in cost reductions, sanctioning of new fields and short-cycle investments within existing areas, new entrants, and re-ignition of M&A. Despite being one of the more mature offshore oil and gas provinces, the North Sea now presents exciting opportunities for upstream and midstream investors, both traditional and new participants. The North Sea is back, offering returns many believe are competitive with onshore North American plays. This dinner will offer perspectives from key leaders on what lies ahead for the North Sea and what this means for the global industry. How do the latest North Sea developments and returns stack up versus those in the Permian Basin? What can PE capital do that majors are unable or unwilling to do? How are participants creating value in this mature producing province, and what’s ahead? What regulatory and tax policies are needed to sustain the region and encourage new investment and innovation? Was 2017 “peak M&A” or just the start?
New technologies and changing preferences for when to drive, what to drive, and how to drive are disrupting the transportation industry and its future. With big changes ahead, what role will the transport sector play in future global oil demand? What key drivers are shaping this transformation?
As the home of the world’s largest refining capacity, Asia faces challenges in the refining sector from shifting demand patterns of refined products (globally as well as regionally), changing business priorities owing to new entrants, to investing purely for national energy security. What are the evolving business trends, players, and investments in Asia? How are they reshaping the regional refining sector?
The Task Force on Climate-Related Financial Disclosure (TCFD) recommendations that were published in June 2017 have fast become the standard for any discussion of the low carbon transition risks facing the energy sector. Oil and gas producers are under increasing pressure from different stakeholders to enhance their reporting activities and adopt the TCFD recommendations. In this rapidly evolving space, what are the risks associated with company response strategies to the TCFD and where can an informed discussion of metrics and targets take disclosure practices in the future?
Latin America has been a leading hot spot for exploration in a variety of plays and hydrocarbon types for the last two years, with giant and supergiant oil discoveries in Mexico, Guyana, and Brazil; the “tight rock revolution” in Argentina’s Neuquén Basin; and Colombia’s shift from onshore oil to offshore gas. Much of this has been made possible by a more competitive open market—with frequent bid rounds, farmouts, and direct negotiations—that developed as Latin American countries have dealt with economic and leadership changes. But with signs that the competition for investment dollars may be shifting as operators focus on development and suffer from bid fatigue, how long will this success continue? What steps can regulators and governments take to maintain the momentum? Can these exploration opportunities expand to other countries in Latin America?
With the reality of low oil prices, a given, and upstream construction forecasted to rise, assets are still struggling to meet economic hurdles, and operators are still turning to lower supply chain costs, leaner designs, and new development approaches to improve their viability. Can technology continue to enable these new design concepts and operating models or will cost escalations continue to slow down upstream activity? What impact is technology having on current industry capital and operating efficiency?
Rising U.S. crude oil exports have created both opportunities and challenges for the midstream sector and U.S. refiners. What midstream developments are needed to accommodate higher export volumes and what are the risks to overinvestment? Are U.S. refiners likely to invest to run more domestic crude oil or will they stick with sour crude slate? As exports rise, where are the opportunity markets for exports and what port facilities are needed? And is there sufficient investment interest to fund this additional infrastructure?
The low oil price environment shifted the spotlight back toward core assets at home. However, the widening demand/supply balance necessitates greater focus on international growth. As oil prices start to recover, how will companies respond to increasing competition in the M&A space? What are some of the key lessons learnt from past international pursuits? What portfolio choices will drive their growth plans?
In December 2017, Financial Times named Fatih Birol, Executive Director of IEA, “Energy personality of the year”. Under his leadership, the IEA has become the authoritative voice on all matters energy. When Dr. Birol speaks - people across the world listen. Join a conversation with Dr. Birol about his outlook on the future of the energy: Is it the end of the coal age? Will EVs rule the world? What happened to the golden age of gas? Are we paying too much attention to shale oil? How long will OPEC/non-OPEC deal survive? Why is climate change such a difficult problem to tackle? And, is peak oil demand round the corner?
The traditional image of an “oil man” is undergoing profound change. Companies increasingly recognize that inclusion and diversity in the workforce fosters innovation and reduces turnover. Women and minorities are underrepresented at most levels of the energy industry. An IHS Markit study for the American Petroleum Institute found that African Americans comprise 8% of the industry workforce, compared with 14% of the overall US workforce; and that women are dramatically underrepresented in blue- and white-collar oil and gas jobs. The industry faces a global challenge in transitioning its workforce to become inclusive and diverse. What obstacles do underrepresented groups face in entering and advancing in the industry? How can companies attract and retain a more diverse talent pool? What are the lessons and emerging best practices for developing a diverse workforce?
The perfect biofuel - renewable, cost competitive, and low emissions - has been the holy grail of the oil and energy industry for decades. Recent research indicates that the combination of new genetic and deep learning technologies have advanced to a stage that, at a minimum, warrant a re-examination of these underlying trends. Which technologies look promising? Will biofuels make a material contribution to the future energy mix?
Technology has always been the critical enabler in the upstream industry. 3D seismic (deepwater) and horizontal drilling combined with hydraulic fracturing (unconventionals) are just two examples of game changing technologies that helped unlock new resource types. This session discusses what technical innovations will help the industry reaching a new step change in exploration and production.
Daily headlines announce the planned production of new EV models by auto industry incumbents around the world. At the same time, Internal Combustion Engine (ICE) continues to chug along as a well-oiled machine. Dramatic improvements in the efficiency and emission reduction, as well as the millions of ICE vehicles on the roads of the world, will mean that both technologies will be with us for decades to come. How will these technologies compete in the future? Will autonomous vehicles accelerate take up of EVs? Will China and India leapfrog to EVs? Will policymakers choose winners and losers?
Is the cloud an opportunity or a threat for the energy sector? Data ownership and security long have been paramount concerns. How is the cloud changing this? Join the conversation of a preeminent Silicon Valley innovator with an energy technology leader on what disruptive changes and opportunities lie in store, as the Cloud meets oil and gas.
As Director of the MIT Energy Initiative, Robert Armstrong leads one of the major hubs of energy research, education and outreach. Chief Technology Officer, Ahmad Al Khowaiter, directs long range technology research and development at Saudi Aramco, one of the preeminent energy companies in the world. Join a conversation between these two industry leaders on how they think about investing in a developing a portfolio of technologies, what makes innovation successful, which technologies excite them and is this industry far too risk averse?
Evolving Ourselves: Redesigning the Future of Humanity--One Gene at a Time
Book signing. Seating is limited.
While it’s clear from industry announcements that oil and gas is fully embracing a more digitalized approach to its business, it’s less clear what this means in practical terms. Which segments of the oil and gas value chain are most ripe for digital disruption? Are digital and automation technologies raising performance and enabling new operating models? What is the role of partnerships in both developing solutions and ensuring organizational uptake? How is digitalization improving the bottom line?
New levels of computing power, data lake architecture and analytical techniques are driving dramatic improvements in productivity and costs. How will the next generation of data and analyses drive growth and value in the oil and energy company of the future? How can the industry harness the potential while also aligning with competitive, social and regulatory environments?
Traditional finance of early stage energy related projects are giving way to alternative financing mechanisms. These include industry consortia, foundation funding, venture and private equity, super angels, cypto-currencies and more. How will these new investors and new funding techniques impact innovation and time to market? What will be the future role for traditional funding sources? What are the lessons of the recent cycle on investment models and expectations?
LNG demand grew and fell in some expected and some not-so-expected areas in 2017. Going forward, the make-up of LNG demand is changing with a significant number of countries planning to start or rapidly increase LNG use. What key risks and factors need to be addressed to bring more countries into the LNG market? How can project developers actively support their development?
South Asia’s energy markets are united by a common theme of confidence in gas as a fuel of choice for accelerated delivery of cleaner energy. The next wave of natural gas demand growth in South Asia is expected to emerge from unregulated sectors that reflect the countries’ economic growth and energy transition trends in reliability, urbanization, and mobility. India’s gas economy will be strengthened by the government’s three-pronged policy actions to support a Clean India and a 24X7 India: completing gas market creation, completing gas grids, and implementing regulations to support gas at 15% of the primary energy mix. Sri Lanka plans to develop indigenous gas resources and access LNG in partnership with India and Japan. How does India, with its planned new gas hub, implement its move to complete gas markets and possibly lead to a regional South Asia reference point for pricing? How quickly can the region’s physical and virtual gas infrastructure be completed to support future supply growth? How will the regulatory interfaces evolve for gas to be viable at higher levels in the primary energy mix?
The North American shale boom has vastly expanded the natural gas resource base and reduced its unit cost. At the same time, unconventional oil and natural gas exports are creating international and interfuel dependencies, opportunities, and challenges for North American natural gas producers. Will North America experience sub $3 gas for the next 20 years? With a significant portion of US natural gas production coming from oil activity, are gas prices destined to be driven by global oil prices? What fundamental conditions will drive market outcomes? Are producers focused on growing production or profits? Can producers borrow to grow production or will cash flow constrain the pace of activity? Is there a growing interdependency between Henry Hub and WTI?
The challenge and industry response, new drilling and completion technologies, and operational management strategies demonstrated in the onshore North America shale and tight conventional plays have indicated that recoverable resources in existing basins are now much larger than estimated previously. The most potential is recognized in basins with materiality and two or more working petroleum systems, stacked reservoirs (shale, tight conventional, and depleted high-quality conventional), existing infrastructure, service sector capacity, and technical knowledge. The largest of these basins are Super Basins. This potential and the risk, timing, and cost competitiveness challenges indicative of the exploration business (specifically the deep water) has resulted in companies radically altering investment strategies (toward exploitation and the rebuilding of these older basins via whole basin strategies), slashing exploration spending, and in the extreme postulating the end of exploration. But this is not the case for all E&P companies. Some companies seek to further differentiate themselves on the basis of exploration prowess and or have increased new ventures and exploration while also pursuing exploitation strategies. The result is a wide spectrum of distinct choices based on differing strategic assumptions about the business, global opportunity set, desired returns, and the ability to execute. What are the critical strategic assumptions about the external business environment and internal investor needs and capabilities that drive these different choices?
Following the growing competitiveness of renewable generation and the drop in international oil prices, Southern Cone countries need new strategies to grow their natural gas markets. Upstream projects in the region continue to move forward despite lower global oil prices. Gas-fired thermal power generation is the premier choice to back up intermittent renewables. Industries face increased competition from other regions with access lower cost gas supplies. How can market participants navigate this new gas story?
Lord John Browne, Executive Chairman L1 Energy is one of the visionaries of energy. In the late 1990s, he led the transformation of BP into one of the world’s largest companies. A prolific author with keen sense to foretell change, he believes that “as the industry adjusts to a new reality, the outlines of a new cycle are beginning to take shape.” What makes companies successful in a cyclical industry? How can the industry tackle the dual challenges of energy demand growth and climate change? What can we expect in the future? Join us in a wide-ranging conversation with Lord Browne.
Artificial Intelligence (AI) is in fashion and is impacting multiple industries - consuming ever larger sets of information to enable faster, more informed decision making. As techniques such as Reinforcement Learning begin to create so-called “superhuman” capabilities, we ask - what are the implications across the energy sector from upstream production to electricity generation and distribution? Is there a revolution brewing because of the step up of information analytics and decision support?
Adam Jonas is an influential Wall Street analyst covering the rapidly evolving mobility sector. Join this “up close” conversion on what lies ahead for this disrupting and disruptive sector, and what might be the shape of the mobility future. What will be the next surprise?
Methane emissions across the entire energy value chain from production to transportation to distribution to gas storage is a well-known challenge. What innovative technologies are being developed to trace, measure and eliminate methane emissions? How can detection and monitoring be improved? What are some of the successful partnership models? What will it take to get to zero methane emissions?
What is the potential for blockchain across power and utilities, and how might it impact consumers? Building on mechanisms to codify trust, blockchain technology can improve efficiency, security, and accountability across a broad range of power applications. Blockchain may also expand investment in emerging and frontier markets, and play a critical role in expanding renewables in the power mix. Join some of the leading start-ups in a session co-hosted with Global Blockchain Business Council (GBBC) to explore innovative approaches, governance challenges, and effective business models from this nascent technology.
In contrast to energy demand, global petrochemical demand is growing at rates well in excess of economic growth rates. Shale-derived ethane supplies are feeding a boom in petrochemical investment in North America, and methane-based technologies are now competing with traditional sources of basic petrochemicals. What key trends are driving future investment in gas-based petrochemical production? What is the outlook for growth in feedstock demand for gas and NGLs?
Demand for Li-ion batteries is increasing quickly driven by the electrification of the transport sector as well the addition of batteries to the electricity grid in order to provide flexibility as intermittent renewables play a greater role. Demand will undoubtedly continue to rise. How will the battery industry capitalize on this huge opportunity? What are the challenges in increasing the supply of crucial materials in order to meet this demand?
The energy industry faces the twin challenge of an aging workforce and rapid advancement in disruptive technologies. This is driving a fundamental rethinking of how to build the skills and workforce of the future. How, when and where will we educate the workforce of the future - from workplace to professional, secondary and even primary education levels? At the same time, the education system itself is undergoing fundamental transformation, driven by evolving needs, disruptive technologies and digital learning, and cost structures that are not sustainable. What role can the energy industry play in advancing new models and in demanding, driving and testing change? Hear from a leading business and industry leader as he shares his thoughts on what role the energy industry will play in advancing new workforce models and where innovation will happen.
Cyber risks are growing and the energy industry is in the cross hairs, from oil and gas production through the critical infrastructure that underlies national electricity systems. How will industry manage cyber risks both today and tomorrow? How much will need to be invested in that protection? What new risks, lessons and best practices are emerging from disruptive technologies?
Vaclav Smil does interdisciplinary research in the fields of energy, environmental and population change, food production and nutrition, technical innovation, risk assessment, and public policy. He makes rational and logical arguments on why energy transitions are inherently complex and prolonged affairs, and how ignoring this fact raises unrealistic expectations that global economies can be weaned quickly from a primary dependency on fossil fuels. What does the history of energy transitions and scaling innovations tells us? Why is it so difficult to change the global energy system? Will the next transition be an evolution or revolution? In this conversation we will separate hype from reality.
As countries transition from “easier” to “tougher” producing barrels, the need for greater technology adoption, and tailoring of fiscal terms are seen as some of the necessary elements to bring forth success. How do host governments view the role of technology in unlocking new hydrocarbons? What opportunities and challenges does technology innovation bring for mature producing countries? What additional enablers beyond technology are needed? Join us in a discussion, as we look to gain insights on the role of technology with Dr. Arcandra Tahar (Vice Minister of Energy and Mineral Resources for the Republic of Indonesia). Dr. Tahar holds five offshore-related patents and is the co-author of the well-known, industry-standard, hydrodynamics program (HARP)/CHARM3D,a time domain program for the hull/mooring/riser coupled static/dynamic analysis of floating offshore structures. Dr. Tahar holds master’s degree and PhD from Texas A&M University.
Energy and Civilization: A History
The cloud holds the promise of a safe, highly scalable, and powerful means for managing huge amounts of data and computation. But the fundamental cloud assumption - consolidate compute and data in centralized data centers - is in direct contradiction to the typical energy data generation model of large, but distributed, data sets. How can new telecom network models, like 5G with compute moved to the edge, help the energy sector where locations are often off the grid? How will the cloud drive the shape of innovation across energy, with its structural impact of shifting traditional strengths from large incumbents with huge capital budgets to small early stage firms?
Experience an evening of the unexpected as Hilton America's Executive Chef Ruffy Sulaiman and Guest Chef Kaiser Lashkari explore where culinary art intersects with innovation, inspiration and disruption. This unique evening is guaranteed to surprise and delight and provide a special opportunity to connect with leaders across the technology, innovation and investment communities.
Attendance at this event is by invitation only
Although Latin America is currently one of the world’s cleanest regional energy markets, fulfilling strong demand growth while maintaining or even improving its clean energy credentials will be a defining challenge. In many countries, competing opportunities and political dysfunction make the task even more daunting. But it remains clear that many markets have both the resources and political will to ensure that cleaner sources of energy can contribute to improving both access and overall costs to feed growing energy demand. How will these markets evolve to integrate renewables, take advantage of opportunities for domestic gas and cheaper LNG, and leverage upcoming technologies?
Many countries across Asia are pursuing an “all-of-the-above” approach to building power supply sources to meet rapidly rising demand. Coal remains the lowest price power generation fuel in much of Asia. Despite announced project delays and cancellations—mostly due to environmental concerns—in many markets from South Korea to India, coal-fired power is still growing alongside other technologies such as gas and renewables. What are the uncertainties in Asia’s future power sector fuel mix? What are the critical drivers in different markets around Asia?
Varun Sivaram is the Philip D. Reed fellow for science and technology at the Council on Foreign Relations and author of “Taming the Sun: Innovations to Harness Solar Energy and Power the Planet”. Solar energy is the world's cheapest and fastest-growing power source, but its rise is in danger of stalling. Sivaram argues that realizing solar's potential will require innovation - creative financing, revolutionary technologies, and flexible energy systems. Is the world equipped to harness solar energy and continue its exponential growth? Will solar PV become dominant as a source of power or will it be a niche player? Join a conversation with Dr. Sivaram on how the world can tame the sun and make money at the same time.
What role can start ups play in accelerating innovation and driving disruptive change in the energy and power business? Members of the 2018 Energy Innovation Pioneers share their experiences and introduce exciting, scalable solutions that may transform the energy industry of tomorrow.
Taming the Sun: Innovations to Harness Solar Energy and Power the Planet
As distributed sources of electricity gain a bigger foothold in the power system, there are many new business models emerging. What are some of the new business models that are disrupting the traditional players? As business models change, what will be the sources of revenue and margin? WIll the traditional advantages of being a strong incumbent continue? How critical will it be to have asset ownership to have access to customers?
What's ahead for microgrids and the resilient grid of the future? What innovation is occurring to enable operators more effectively to address the challenges of intermittent and distributed generation, and leverage new generation and distribution technoloiges? How will systems be reinforced to withstand the extreme weather and natural disasters seen as 'regular' occurrences? Given the necessity to rebuild, should grids be simply replaced? Hear first hand from learnings and experiences such as Hurricanes Sandy, Maria and Harvey.
A wave of new technologies, from the impact of shared and autonomous vehicles on the future design of streets, through simply capturing new sources of data and deeply understanding energy utilization, are having a dramatic impact on the design and future of the urban environment. How are data analytics, machine learning and advanced imaging being applied to rethink power delivery? How will innovations, ranging from EVs to vertical farming, change the urban experience of the future? How can urban utilities prepare for this rapidly changing world?
As an educator, adventurer and explorer Rich Wilson has impacted hundreds of thousands of young people around the world. He turned his Vendee Globe solo circumnavigation sailing race into a living classroom for students on every continent. Every aspect of his journey was tracked in real time, offering a unique and exciting experiential STEM teaching opportunity. Learn about his remarkable voyage of discovery, and his ideas for how to engage and inspire future generations of scientists and engineers
Race France to France: Leave Antarctica to Starboard
Interest in new generation nuclear systems is heating up. What are the challenges facing small modular fission reactors currently under development? When will Generation IV reactors be ready for commercialization? Will the burgeoning privately funded nuclear industry accelerate the pace of deployment of advanced nuclear reactors?
The built environment is undergoing a transformation driven by the convergence of new technologies. This will have profound implications for energy consumption and power systems. Buildings consume a lion’s share of the world's power. How is connectivity, data analytics and machine learning changing the built world of the future? How will advanced lighting, demand control systems for air, and agile design technologies in combination improve human health and energy consumption? What are the barriers to adoption of these technologies? What will be the building habitat of the future?
There is increasing belief that electricity derived from renewable resources will ultimately replace hydrocarbons as the fuel of choice to provide “Energy for Everything”: from automobiles, to steel plants, to airplanes. If true, this will be the biggest change in the global energy system in more than a century. What will it take to realize this vision? What will happen to the existing infrastructure if this transformation takes place? What pressures will arise because of the absolute need to be everywhere and all the time? How will intermittent power sources, such as wind & solar, be integrated into the new energy system?
As electric vehicle adoption accelerates and charging infrastructure proliferates, utilities have new opportunities. But these changes also raise issues related to reliability, load management, and investment. What models exist for utilities to capitalize on the opportunities while minimizing the risk, and how are new business models and partnerships changing the landscape.
Join this up-close interview by energy banker, Maynard Holt, with Walter Isaacson, bestselling author of Einstein, Steven Jobs, the Innovators and most recently Leonardo da Vinci. Isaacson is a foremost authority on innovation, genius and the history of science and technology. What can the energy industry learn from the greatest innovators in human history?