The New Map: Energy, Climate, and Charting the Future
March 1 - 5, 2021
Bill and Melinda Gates Foundation
Author, Co-Chair of the Bill & Melinda Gates Foundation, and Founder of Breakthrough Energy
Organization of the Petroleum Exporting Countries (OPEC)
Abu Dhabi National Oil Company (ADNOC)
Minister of State of the UAE and Director General, Chief Executive Officer of the ADNOC
Minister of State for Energy Affairs of Qatar
Deputy Chairman, President & CEO, Qatar Petroleum
Carnegie Endowment for International Peace
Former Deputy Secretary of State, President
Finance Adviser to the Prime Minister for COP 26 & UN Special Envoy for Climate Action & Finance
For 13 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 165 fully featured services for compute, storage, databases, networking, analytics, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 69 Availability Zones (AZs) within 22 geographic regions, spanning the U.S., Australia, Brazil, Canada, China, France, Germany, Hong Kong Special Administrative Region, India, Ireland, Japan, Korea, Singapore, Sweden, and the UK. Millions of customers including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com
Credit Suisse is one of the world's leading financial services providers. Our strategy builds on Credit Suisse's core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland. Credit Suisse employs approximately 48,800 people. The registered shares (CSGN) of Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
Aker ASA is an industrial investment company combining industrial expertise, knowledge of capital markets, and financial strength to develop and strengthen the companies in their diverse portfolio, including Aker BP, Aker Solutions, Aker Energy, and Cognite.
Aker BP is a fully-fledged E&P company leading the digitalization movement on the Norwegian Continental Shelf. In terms of production, they are Europe’s largest independent oil company and have used their position to advance the cause of digital innovation across the value chain. Aker Solutions is a global oil service company that delivers services, technologies, products, and solutions within subsea and field design. They began incorporating digital twins into their operations early on and continue to set the standard for data-driven ways of working.
Aker Energy is an E&P company aiming to become the offshore oil and gas operator of choice in Ghana. They intend to build their operations in that region on a dynamic, digital foundation. And then there’s Cognite, a global industrial software provider enabling the full-scale digital transformation of heavy-asset industries around the world
Saudi Aramco is a global integrated energy and chemicals company. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world. www.saudiaramco.com
Aspen Technology (AspenTech) is a global leader in asset optimization software. Its solutions address complex, industrial environments where it is critical to optimize the asset design, operation and maintenance lifecycle. AspenTech uniquely combines decades of process modeling expertise with artificial intelligence. Its purpose-built software platform automates knowledge work and builds sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets safer, greener, longer and faster.
Visit AspenTech.com to find out more.
Centrica is a leading international energy services and solutions provider, founded on a 200-year heritage of serving people. Through our two customer-facing divisions, Centrica Consumer and Centrica Business, we supply energy, services and solutions to over 26 million customer accounts. We serve customers across the UK, Ireland, North America and Continental Europe through strong brands such as British Gas, supported by around 13,000 highly trained engineers and technicians.
We are focused on satisfying the changing needs of our customers, enabling them to transition to a lower carbon future. Our aim is to reduce emissions in line with the Paris climate goals by 2030 and develop a path to net zero by 2050.
The world of energy is evolving rapidly: it is becoming decentralised as distributed technology supports decarbonisation; choice and power are shifting to the customer; and technology and digitalisation are accelerating the pace of change.
We are responding to these trends by focusing investment on our customer-facing businesses. We have announced plans to exit our stake in oil and gas Exploration & Production and nuclear power generation, and see long-term growth potential in five key areas:
1. Energy Supply
2. In-Home Servicing
3. Home Solutions
4. Energy Optimisation
5. Business Services and Solutions
The market positions and capabilities that Centrica has developed means we are well placed, as we focus on being a leading energy services and solutions provider.
ConocoPhillips is one of the world’s largest independent E&P companies based on production and proved reserves.
Across our 15 countries of operations, 9,800 people work in a truly integrated way to find and produce oil and natural gas.
Our technical capabilities, asset quality and scale, and financial strength are unmatched among independent exploration and production companies and uniquely position us to compete around the world.
ConocoPhillips is committed to the efficient and effective exploration and production of oil and natural gas. Producing oil and natural gas and getting them to market takes ingenuity, technology and investment. Our innovative, collaborative efforts yield products that improve quality of life globally while producing economic benefits with far-reaching influence.
We are challenged with an important job to safely find and deliver energy to the world.
Our employees, contractors, vendors, investors and community partners are critical to our success. We couldn’t power civilization without them.
We’re grounded by values that position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.
Freeport LNG owns and operates a Liquefied Natural Gas (LNG) terminal on Quintana Island, near Freeport, Texas. Freeport LNG’s export facility consists of three liquefaction trains, with Train 1 scheduled for commercial startup in Q3 2019, and full, three-train commercial operations by mid-2020. A fourth liquefaction train is under development with an expected start date in 2023. Each of Freeport LNG’s liquefaction trains is expected to produce in excess of 5.0 million tonnes per annum (mtpa) of LNG for export. Of the 15 mtpa production from the initial three trains, 13.9 mpta has been contracted under 20-year tolling agreements with JERA Energy America, LLC; Osaka Gas Trading & Export, LLC; BP Energy Company; SK E&S LNG, LLC; Toshiba America LNG Corporation; and Trafigura PTE LTD.
Mitsubishi Heavy Industries (MHI) is one of the world’s largest industrial groups delivering innovative and integrated solutions across a wide range of industries incorporating land, sea, sky and space.
MHI’s diverse portfolio ranges from commercial aviation to industry and infrastructure. The breadth of that portfolio extends into the energy sector, with businesses spanning oil and gas solutions from LNG to downstream, chemical and power generation (MHI Oil & Gas, Mitsubishi Hitachi Power Systems, PW Power Systems), offshore and onshore wind, and technologies that enable a low carbon society (MHI Vestas, Diamond Wind Turbine Group, MHI Engineered Systems Division).
The company will continue to address changing social values and technological innovations by providing customers with value in the areas of decarbonization, electrification and intelligent systems. MHI’s technical expertise, coupled with practical solutions, drive innovations that move the world forward.
Mitsubishi Hitachi Power Systems
Headquartered in Lake Mary, FL, MHPS Americas employs more than 2,000 people who design, manufacture, install, monitor and service natural gas, steam and geothermal power generation products, environmental control systems solutions, distributed renewable power projects and energy storage systems throughout North and South America. MHPS is the reigning annual global market share leader for Heavy Duty Gas Turbines, and is leading the development of the digital power plant of the future through its digital solutions, MHPS-TOMONI™.
Learn more about MHPS renewable hydrogen by visiting www.changeinpower.com/acgt.
The Nigerian National Petroleum Corporation (NNPC), is a state-owned oil Corporation established April 1, 1977. In addition to its exploration activities, the Corporation was given mandate and operational interests in refining, petrochemicals and products transportation as well as marketing. Between 1978 and 1989, NNPC constructed refineries in Port Harcourt, Warri and Kaduna. Besides, it earlier took over the 35,000 barrels Shell Refinery established in Port Harcourt in 1965 and expanded to 60,000 barrels per day capacity plant in 1972. This first refinery and the relatively newly built one in the area are merged to form the Part-Harcourt Refinery and Petrochemical Company (PHRC). In 1988, the NNPC was commercialised into 12 Strategic Business Units (SBUs), covering the entire spectrum of oil industry operations: exploration and production, gas development, refining, distribution, petrochemicals, engineering, and commercial investments among others.
Under ongoing reforms, the Corporation is transforming from a traditional oil and gas entity into an integrated energy outfit with interest in power generation and transmission. The decision to diversify into the power sector is hinged on the need to bridge the huge energy gap in the Nigerian market. The new posture has seen NNPC reinvigorate a long held drive for the development of bio-fuels in Nigeria through partnership with core investors to create a low-carbon economy and link the Oil and Gas sector to the Agricultural one. This is also to aid in mitigating the adverse effects of climate change and fast-track the transformation of NNPC into an energy company with a cocktail of product portfolios.
Occidental is an international energy company with assets in the United States, Middle East, Africa and Latin America. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. Visit oxy.com for more information.
Petroliam Nasional Berhad (PETRONAS) is a global energy and solutions company, ranked amongst the largest corporations on Fortune Global 500®. We seek opportunities in energy investments both in hydrocarbon and renewables across the globe and maximise value through our integrated business model. Our portfolio includes conventional and unconventional resources as well as a diverse range of fuel lubricants, and petrochemical products. This is further strengthened with a successful product delivery track record. Our customers are at the heart of everything that we do and our businesses are anchored on meeting their needs.
Our technology is our differentiator and the key to ensuring excellence in all that we offer – energy, products and solutions, as well as unlocking new business frontiers. Sustainability is at the core of everything that we do, as we believe in harnessing the good in energy to add quality to everyday lives. People are our strength and partners for growth. We believe in progressing with our partners in addressing the evolving needs in today’s changing energy landscape.
Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. With product sales and services in more than 120 countries and employing approximately 105,000 people who represent over 140 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance.
Schlumberger Limited has executive offices in Paris, Houston, London and The Hague, and reported revenues of $32.82 billion in 2018. For more information, visit www.slb.com.
Siemens is a global pacesetter in the energy sector, helping customers to meet the evolving demands of today’s industries and societies. With broad competencies across the entire energy value chain, the company offers a uniquely comprehensive portfolio for utilities, independent power producers, transmission system operators, the oil and gas industry and other energy intensive industries. Products, solutions, systems and services address the extraction, processing and the transport of oil and gas as well as power and heat generation in central and distributed thermal power plants, power transmission and grid stability, as well as energy transition technologies including storage. With a truly global footprint, Siemens is a leading innovator for the energy systems of today and tomorrow, as it has been for more than 170 years.
Venture Global LNG is a long-term, low-cost provider of LNG to be supplied from resource rich North American natural gas basins. The 10 MTPA Venture Global Calcasieu Pass facility is under construction at the intersection of the Calcasieu Ship Channel and the Gulf of Mexico. Venture Global LNG is also developing the 20 MTPA Venture Global Plaquemines LNG facility and the 20 MTPA Venture Global Delta LNG facility south of New Orleans on the Mississippi River.
More can be found at www.venturegloballng.com.
Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at www.bakerhughes.com
Beyond Limits is a pioneering Artificial Intelligence engineering company creating advanced software systems that go beyond conventional AI. Founded in 2014, Beyond Limits is helping companies solve tough, complex, mission-critical problems and transform their business. The company applies a unique hybrid approach to AI, combining numeric AI techniques like machine learning with higher order symbolic AI and expert human knowledge to produce actionable information. The result is faster, better decisions that reduce risk, decrease waste, and increase efficiency. For more information, please visit www.beyond.ai.
BHP is a leading global resources company. Our purpose is to bring people and resources together to build a better world. BHP is among the world’s top producers of major commodities including iron ore, metallurgical coal, copper and uranium. We also have substantial interests in oil, gas and energy coal.
Our Petroleum business comprises conventional oil and gas operations, and includes exploration, development and production activities. We have a high-quality resource base concentrated in the United States and Australia. Our production operations consist of conventional assets located in the US Gulf of Mexico, Australia, and Trinidad and Tobago. We produce crude oil and condensate, gas and natural gas liquids (NGLs) that are sold on the international spot market or delivered domestically under contracts with varying terms, depending on the location of the asset.
We prioritize our people’s health and safety and strive to create an environment free from fatalities, injuries and occupational illnesses. Our size and scope allow us to make meaningful contributions to communities, and the long-term nature of our operations means we are able to build collaborative community relationships. We aim to maximize the social and economic benefits of our operations, contribute to economic development and minimize our environmental footprint through innovation, productivity and technology.
Black & Veatch is an employee-owned engineering, procurement, consulting and construction company with a more than 100-year legacy of innovation in sustainable infrastructure. Our 10,000 global professionals are committed to solving humanity’s critical infrastructure challenges, while also considering the impact on the people, places, and resources where we live and work. Our portfolio spans power, oil & gas, telecommunications and water ― all necessary to support utilities, energy companies, developers, investors, commercial and industrial operations, data centers, mining and government.
The company’s global power business is an integrated generation, transmission and distribution infrastructure leader, offering innovative, end-to-end services on new and existing power assets, as well as full engineering, procurement and construction (EPC) solutions. Regardless of the scope or size of the project, our execution is centered on safety and characterized by cost and schedule certainty. We offer in-house project execution through union and open-shop construction entities. Our flexible, cohesive teams provide seamless project delivery solutions across the entire project life cycle.
Chevron is one of the world’s leading integrated energy companies. We explore for, produce and transport crude oil and natural gas; refine, market and distribute transportation fuels and lubricants; manufacture and sell petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company’s operations. Our success is driven by a dedicated, diverse and highly skilled global workforce united by the vision, values and strategies of The Chevron Way. We are committed to delivering industry-leading results and superior stakeholder value in any operating environment, while providing the affordable, reliable, ever-cleaner energy that improves lives and enables human progress. Learn more at www.chevron.com.
Enbridge is North America’s premier energy infrastructure company, connecting supply with growing markets through its liquids pipelines, natural gas pipelines, and utilities and power businesses.
Enbridge transports about 20% of the natural gas consumed in the U.S., and about 25% of the crude oil produced in North America. Enbridge operates North America’s third-largest natural gas utility by consumer count; the company was an early investor in renewable energy, and has a growing offshore wind portfolio.
Enbridge operates the world’s longest and most complex crude oil and liquids transportation system—with approximately 17,000 miles of active crude pipeline across North America—and delivers more than 3 million barrels of crude oil and liquids, safely and reliably, every day.
Enbridge’s gas transmission and midstream pipelines cover about 26,000 miles in 31 U.S. states, five Canadian provinces and offshore in the Gulf of Mexico. Enbridge transports more than 19 billion cubic feet per day (Bcf/d) of natural gas through an array of long-haul pipelines, and has about 438 billion cubic feet (Bcf) of natural gas storage capacity across North America.
Enbridge’s natural gas utility is the largest in North America by volume, distributing more than 2.5 Bcf/d of natural gas and serving about 3.7 million residential, commercial, institutional and industrial customers in Ontario and Quebec. Enbridge’s renewable energy portfolio includes wind, solar, geothermal and waste heat recovery facilities. These projects, either operating or under construction, have the capacity to generate nearly 2,000 megawatts (MW) net of zero-emission energy, and meet the electricity needs of nearly 900,000 homes.
Enbridge was named to the Thomson Reuters Top 100 Global Energy Leaders in 2018, and was selected to Bloomberg’s 2019 Gender Equality Index.
Enbridge Inc. is headquartered in Calgary, Canada, and has a workforce of about 13,600 people, primarily in Canada and the United States. Enbridge (ENB) is traded on the New York and Toronto stock exchanges.
Hess Corporation is a global independent energy company engaged in the exploration and production of crude oil and natural gas. The company is an industry leader in the Bakken shale play in North Dakota, one of the largest producers in the deepwater Gulf of Mexico and a key natural gas producer and supplier to Peninsular Malaysia and Thailand. Hess is also engaged in exploration and appraisal activities offshore Guyana, participating in one of the industry’s largest oil discoveries in the past decade, as well as in the Gulf of Mexico and Suriname. Globally, Hess is recognized as an industry leader in environmental, social and governance performance and disclosure. More information on Hess Corporation is available at www.hess.com.
With more than 85 years of operating experience, Hunt Energy is a private, family-owned energy company with a diverse portfolio of energy businesses. Hunt employs a community-centric, purpose-driven approach to energy investment and operations that creates long-term value for all stakeholders. Hunt Energy is a leader in today’s energy transition as it provides countries and communities with cost-effective and innovative solutions that best serve their energy needs, be they supply or demand-related. Positioned across the energy spectrum, Hunt Energy is comprised of Hunt Oil Company, Hunt Refining Company, Hunt Energy Solutions, Hunt Energy Enterprises, and Hunt Utility Services, which operates Sharyland Utilities, a Hunt-founded regulated electric utility that owns transmission assets in South Texas. Hunt Oil is one of the world’s leading oil and gas companies with operations in North America, South America, Europe, the Middle East and North Africa. Hunt Oil is engaged in conventional and unconventional exploration and production and has significant experience in building and operating complex infrastructure projects, including two LNG projects and the world’s highest natural gas pipeline. Created in 1946, Hunt Refining has refining activities in Alabama and Mississippi and is one of the largest asphalt suppliers and marketers in the Southeast United States. Hunt founded publicly-held InfraREIT, the asset owner and capital provider for Sharyland Utilities that was created in 1999, and grew it to $1.4 billion in assets before being sold to Oncor in 2019. Hunt Energy Solutions is involved in unregulated power development projects. Hunt Energy Enterprises is focused on creating disruptive energy technologies across the energy spectrum. It sold its directional drilling technology company to Helmrich and Payne in 2016, and is currently advancing efforts for a low capex perovskite solar technology and several early stage battery technology initiatives. http://www.huntenergyenterprises.com/
The MIT Energy Initiative is MIT’s hub for energy and climate change research, connecting faculty, students, and staff to develop solutions to meet the world’s energy and climate challenges. Through our Low-Carbon Energy Centers, companies and governments come together to develop new technologies in carbon capture, utilization and storage; solar; materials for energy and extreme environments; storage; electric power systems; and mobility. Through a novel, system-scale energy analysis tool, the Sustainable Energy System Analysis Modelling Environment (SESAME), we are able to look at the carbon footprint of the energy system as a whole and examine the impact of specific decarbonization efforts. The Energy Initiative (MITEI) links science, engineering, innovation, economics and policy. Louis Carranza, Associate Director of MITEI, oversees membership programs and industrial engagement. To learn more about MITEI, visit: energy.mit.edu.
Repsol is a global energy company, present throughout the whole energy value chain. With assets in 35 countries, the company sells its products in 90 countries and employs more than 25,000 people.
The company produces over 700,000 barrels of oil equivalent per day and has one of the most efficient refining systems in Europe, capable of processing more than one million barrels of crude oil daily.
Repsol also operates low-emissions electricity generation assets in Spain, with 3GW of installed capacity it supplies a million homes. These include modern hydroelectric plants and combined gas cycle turbines, as well as photovoltaic and offshore wind power projects currently under development. Plus, it is the most significant operator in the Iberian Peninsula’s LPG market.
Repsol is a leader in mobility and a pioneer in the development of initiatives and energy sources for transportation. It has over 4,700 service stations in Spain, Portugal, Peru, Italy, and Mexico, offering the most efficient and high quality fuels. In addition, Repsol is part of the largest public network of electric vehicle charging stations in Spain. It develops services and applications that offer drivers new options and encourage the efficient use of resources through initiatives such as car sharing.
Tellurian was founded by Charif Souki and Martin Houston and is led by President and CEO Meg Gentle. Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural gas to customers worldwide. Tellurian is developing a portfolio of natural gas production, LNG trading, and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline.
Tellurian is based in Houston, Texas, and its common stock is listed on the Nasdaq Capital Market under the symbol “TELL”.
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