Luis Cabra

Repsol

Executive Managing Director of Energy Transition, Sustainability and Technology & Deputy CEO

Luis Cabra is currently Executive Managing Director of Energy Transition, Sustainability, and Technology; and Deputy CEO. He has also been member of Repsol's Executive Committee since 2012. His responsibilities include core areas for the development and implementation of the Company's energy transition strategy such as Technology, Engineering, and Sustainability. He also leads the corporate areas of Procurement, Reserve Control, Insurance, and Corporate Security, as well as strategic company projects, which as of today include the Procurement and the Energy Transition Financing programs. He was previously Executive Managing Director of Technology Development, Resources, and Sustainability from 2018 to 2020. He participated in the materialization of Repsol's energy transition and decarbonization strategy. Also, he led the Company's Digitalization Program and the consolidation of the Shared Services organization, among other responsibilities. From 2012 to July 2018, Cabra served as the Executive Managing Director of Exploration and Production. Under his stewardship, the Company doubled its production by integrating the assets and teams from Talisman. He also launched a wide-ranging efficiency program from 2015 to 2017 that turned the Company's exploration and production business into a net cash generator. He joined Repsol in 1984 as a process engineer at the A Coruña refinery in Spain. Since then, he has held management positions in the Refining, Technology, Engineering, Procurement, and Safety and Environment units. In 2010, he moved to Repsol's E&P division as Executive Director of Development and Production. Luis Cabra holds a PhD in Chemical Engineering from Complutense University of Madrid and has completed business management studies at the international schools INSEAD and IMD. In addition, he has worked as a head lecturer and associate lecturer at the Complutense University of Madrid and the University of Castilla-La Mancha. He has also represented Repsol in various international associations, serving as Chairman of the Automotive Fuels Action Group of the European Petroleum Industry Association, Chairman of the European Biofuels Technology Platform, and member of the European Research Advisory Board.

SESSIONS WITH Luis Cabra

Tuesday, 2 March

  • 07:30am - 08:00am (CST) / 02/mar/2021 01:30 pm - 02/mar/2021 02:00 pm

    Strategic Dialogue

    Carbon Pricing & Policies: Choices & strategies

    Panel Markets/Economics/Strategy Power & Renewables Finance & Investment/Trading & Risk Management Decarbonization Pathways
    Throughout 2020 companies and countries continued to announce new goals for reducing emissions, with many declaring a net-zero target by 2050 or sooner. The use of internal carbon pricing assumptions for investment analysis and participation in external compliance and voluntary carbon markets will be necessary to achieve the goals. How are companies incorporating carbon pricing into strategic analysis? What is their plan for the future? How are carbon markets functioning? What types of policies might be needed to achieve longer-term climate goals? What is the status of pricing carbon today and how it will evolve in the next several years?