Roger Diwan

S&P Global

Vice President, Financial Services

Mr. Roger Diwan is a Vice President for S&P Global and heads a dedicated research team that provides integrated energy advisory to the financial sector. He has over 25 years of experience in advising financial institutions on strategies in the oil and gas markets, energy trends and companies’ strategy, with a renewed focus on the capital dimension of the energy transition. Mr. Diwan leads a team of analysts and strategists to advise over 150 Asset Managers, Hedge Funds and Private Equity firms by providing customized analysis on market developments for oil, gas, power, and renewables, with a focus on spending, company strategies and capital markets developments. He leads a multi-disciplinary research team dedicated to deliver energy insights and fundamental analysis to the financial community. Recently, his work has focused on the risks of under-investment for oil during the energy transition, the capital transition challenges that energy systems face in the next 10 years, but also all current energy geopolitical questions facing oil, gas and the manufacturing of renewables. Mr. Diwan holds a Bachelor of Arts from the Sorbonne University and master’s degrees from the Institut d’Etudes Politiques of Paris and the Johns Hopkins University School of Advanced International Studies in Washington, D.C.

Sessions With Roger Diwan

Monday, 7 March

  • 01:25pm - 02:05pm (CST) / 07/mar/2022 07:25 pm - 07/mar/2022 08:05 pm

    Mapping the Capital Transition

    Panel Finance & Investment/Trading & Risk Management/ESG

    The last two years have seen accelerated capital markets’ involvement in climate change. Now, financing the energy transition is steering structural changes in capital allocation, investments and valuations of assets, technologies, and companies. New green financial instruments and investment mandates have undergone a seismic shift and are changing the way we think about energy investments, value creation, cost of capital, and implicit carbon prices. Trillions of dollars in private capital have been raised, waiting to back clean energy and climate risk solutions. Will the financial returns on low-emission energy production or decarbonization strategies justify capital deployment?

  • 07:30pm - 09:00pm (CST) / 08/mar/2022 01:30 am - 08/mar/2022 03:00 am

    Financing the Transition

    Lunch/Dinner Discussion Finance & Investment/Trading & Risk Management/ESG

    The energy transition will require stepping up energy financing, as well as reallocating spending toward low-emission assets. The shift in capital allocation required to finance net-zero ambitions is transforming the global financial architecture with environmental, social, and governance (ESG) mandates, emission disclosure requirements, and the emergence of new green financial instruments. For investors, governments, and multilateral agencies, the challenges are manifold to mobilize and deploy capital. For investors and companies, returns on renewable energy production and low-emission assets need to be competitive and rewarded by financial markets. Financing decarbonization in emerging markets remains a challenge. What are the opportunities and challenges created by the energy transition for investors? What are they for the financial industry?

Tuesday, 8 March

  • 07:30am - 08:35am (CST) / 08/mar/2022 01:30 pm - 08/mar/2022 02:35 pm

    Middle East Geopolitics: Regional prospects in a changing energy landscape

    Panel Markets/Economics/Strategy

    As the United Sates continues to recalibrate its strategy in the Middle East, regional states are securing their interests through new alliances, regional diplomatic initiatives, economic integration but also conflicts and proxy wars. How does the emerging realignments impact the region’s stability? How do the Abraham accords change the region’s trajectory? Is there a prospect for de-escalation between Iran and the Arab Gulf states? How are governments reorienting their economies? What new opportunities does the oil price recovery create to accelerate transformation strategies? How does the energy transition and the global climate agenda mean for the region’s future?

  • 02:05pm - 02:45pm (CST) / 08/mar/2022 08:05 pm - 08/mar/2022 08:45 pm

    Sanctions, Cyber & the Ukraine Crisis

    Geopolitics/Policy/Regulatory Digitalization/AI/Machine Learning/Robotics/Cybersecurity

    Sanctions and cyber warfare are the second and third battlegrounds opened by Russia’s invasion of Ukraine. US and EU sanctions will seek to impose economic pain on Russia that could spark public protest and pressure to end the war—even while trying to walk a fine line that contains the pain on importers of Russian oil and gas. Russia, as in the past, may impose its own sanctions, or simply reduce its oil and gas exports to ratchet up prices in a tight market. In the backdrop, Russian cyber attacks on the US, EU, and Ukraine will intensify—and the reverse is also true. Will these reciprocal attacks affect President Putin’s outlook on Ukraine? Could public sentiment affect political calculations—in all countries? How should governments and companies prepare for a cyber backlash?

Wednesday, 9 March

  • 12:00pm - 12:50pm (CST) / 09/mar/2022 06:00 pm - 09/mar/2022 06:50 pm

    Green Capital: Finding value in the energy transition

    Panel Finance & Investment/Trading & Risk Management/ESG

    Financing the energy transition is steering structural change in capital allocation, investment, and valuations of assets, technologies, and companies. New green financial instruments and investment mandates are changing ideas about energy investment, but do not resolve investors’ value creation question: How to invest in the green transition without sacrificing returns? How are investors rethinking portfolio investments and balancing short and long-term trends? How do investors reconsider energy investment in an era of inflation rather than zero interest? Ultimately, are green investments looking for returns or decarbonization? Why is the clean energy boom not yet translating into investment value? How does sustainable investment translate into sustainable returns? What role do new green financial instruments play in accelerating capital allocation toward decarbonization? Does Environmental, Social, and Governance (ESG), disclosure, or value creation lead to the biggest decarbonization impact for cost? How best to create a portfolio for an uncertain transition? 

Friday, 11 March