ADNOC to discuss post COVID industry dynamics in virtual global energy leaders’ roundtable

PR Default ThumbnailAbu Dhabi National Oil Company (ADNOC) will host a virtual roundtable on 16 June with the world’s leading oil, gas and petrochemical CEOs

Energy leaders will discuss the industry's critical issues and share best practices on effective response to COVID-19 as oil markets continue to rebalance amid encouraging signs of economic renewal.

This invitation-only gathering will provide a forum for high-level dialogue on major topics, including safeguarding people, ensuring business continuity, and positioning the industry sustainably around the green shoots of economic recovery.

Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, said, “While we continue to place the highest priority on the safety of our people and business continuity, we are seeing encouraging signs of a rebalancing oil market and the beginnings of economic recovery.

“The oil, gas, and petrochemical industries will play an essential role in enabling economies as they begin to re-open by providing reliable, affordable, and sustainable supplies of energy. It is important to find creative ways to partner smartly and balance efficiency with responsible investments to ensure our industry’s resilience as a key enabler of economic growth.

“The roundtable also provides a timely platform to share perspectives on how to produce more energy with fewer emissions, a goal that ADNOC is focused on as we aim to be among the lowest cost and lowest carbon producers in the world.”

The roundtable will be moderated by energy economist and Pulitzer-Prize winning author Dr Daniel Yergin, vice chairman of IHS Markit.

Dr Yergin said, “The COVID-19 crisis has put the global oil and industry through a shock of huge dimensions, for which there is no precedent. Through all the turmoil, the industry has, with great creativity and flexibility, continued to deliver on its commitments to people all around the world. The Abu Dhabi CEO Roundtable has established itself in a very important role in bringing together wisdom about the great issues before the energy industry.”

In addition to Dr Al Jaber, the roundtable will be attended by Patrick Pouyanné, chairman and CEO, Total; Bernard Looney, CEO, BP; Claudio Descalzi, CEO, ENI; Mukesh Ambani, chairman and managing director, Reliance Industries Limited; Takayuki Ueda, president and CEO, INPEX; Dai Houliang, chairman, CNPC; Nassef Sawiris, CEO, OCI NV; Philippe Boisseau, CEO, CEPSA; Vicki Hollub, president and CEO, Occidental Petroleum; Alfred Stern, CEO, Borealis; Vagit Alekperov, president and CEO, LUKOIL; Liu Yijiang, chairman, ZheunHua Oil; Yongsoo Huh, president and CEO, GS Energy; Rainer Seele, chairman and CEO, OMV and Mario Mehren, chairman and CEO, Wintershall DEA.

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