Felipe Bayón

Ecopetrol S.A.

Chief Executive Officer

CEO of Ecopetrol Group, Colombia's leading energy company and one of the most important in the Americas. Over 30 years of experience in the energy industry. Felipe has led Ecopetrol’s transformation and energy transition processes, with a robust plan to diversify the business and decarbonize the operations through, amongst other, renewables, electrification, natural climate solutions, and hydrogen. All these underpinned by innovation and technology as catalyzers of sustainability, what Ecopetrol calls T-ESG (Technology, Environmental, Social and Governance). This strategy has allowed the company to successfully address and overcome the complex global context resulting from the pandemic and the drop in oil prices, achieving solid operational and financial performance, key to strengthening Ecopetrol as the company faces the challenges and opportunities of the energy transition. Before being appointed as CEO in 2017, Felipe was COO of Ecopetrol and worked at BP plc for 20 years.

Sessions With Felipe Bayón

Monday, 7 March

  • 02:55pm - 03:35pm (CST) / 07/mar/2022 08:55 pm - 07/mar/2022 09:35 pm

    Energy Industry Post-COP 26: From what to how?
    Panel Energy Transition/Climate & Sustainability

    After COP26 in Glasgow, the destination is clear—net zero by 2050. Net-zero targets have been set by countries representing 90% of world GDP and by an ever-increasing list of financial institutions and companies. Post-Glasgow, we are faced with implementation challenges. Emission reductions must be significantly accelerated within eight years to reach net zero by 2050. It will require flawless execution, public-private partnerships, and putting steel in the ground. The oil and gas industry will have to participate, using its technology, engineering, project management skills, ability to take financial risks, manage complexity, and execute at scale. The share of hydrocarbons has changed from 83% to 80% in the last 30 years; how can it decrease to near zero in 30 years? What are companies’ top priorities to reduce emissions? Which technologies will be most relevant for the industry getting to net zero, and what will be the timing and impacts? Is the push to net-zero and carbon-free energy causing current supply disruptions and price rise?

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