• CERAWEEK
  • March 10 - 14, 2025

Takayuki Ueda

INPEX Corporation

President & CEO

Takayuki Ueda is President & CEO of INPEX CORPORATION, Japan’s largest oil and gas exploration and production company. He has served in this capacity since 2018 and has more than 30 years of experience in the energy industry and international affairs. Prior to joining INPEX in 2017, Mr. Ueda was a career bureaucrat at the Ministry of Economy, Trade and Industry (METI) of Japan, where he most recently held the posts of Director-General of the Agency for Natural Resources and Energy and Vice Minister for International Affairs. During his tenure of these positions, he took the lead on energy and trade negotiations with foreign governments. In January 2021, Mr. Ueda announced INPEX’s strategy towards a “Net Zero Carbon Society by 2050” and has since led the company’s transformation and growth to deliver a competitive advantage in the energy transition. Under his leadership, INPEX has accelerated the decarbonization of its core upstream business operations while shaping itself as an innovative pioneer of energy transformation and reducing emissions through carbon capture and storage and projects centered on clean energy such as hydrogen and renewables.

Mr. Ueda is a graduate of the University of Tokyo’s Faculty of Law. He also holds a Master of Laws from Washington State University.

Sessions With Takayuki Ueda

Tuesday, 19 March

  • 02:20pm - 03:00pm (CST) / 19/mar/2024 07:20 pm - 19/mar/2024 08:00 pm

    Different Pathways to Low Carbon

    Strategy and Business Models

    In “Net Zero by 2050: A Roadmap for the Global Energy Sector,” published in May 2021, the International Energy Agency (IEA) stated that net zero by 2050 requires “nothing short of a total transformation of the energy system that underpins our economies,” and “the pathway is narrow but achievable.” Three years later, even though there has been a groundswell of net-zero commitments by countries and companies, the pathway seems narrower. Demand for hydrocarbons and the resulting GHG emissions continue to increase. Although there has been considerable progress in reducing emissions in the power sector, the progress in all other sectors—viz. transport, industry, residential and agriculture—has been very slow. What are the technologically and economically feasible pathways to reduce emissions today? Are industrial policies such as Inflation Reduction Act (IRA), Infrastructure Investment and Jobs Act  (IIJA) and the European Green Deal having an impact? What is necessary to get buy-in from investors to reward energy transition investments? What approaches are necessary to continue economic growth while flattening emissions in developing economies?