Media missives from ADIPEC 2023

With ADIPEC 2023 drawing to a close last week, the Oilholic capped a fascinating and engaging week with a rounding off piece for Forbes on the criticality of scaling up technology - and, of course, backing it up with petrodollars and willpower, if a meaningful energy transition is to be achieved. To this end, this blogger had great conversations with ABB, AiQ, AspenTech, AVEVA and Avaada Group. (More here)

Yours truly also hit the airwaves to discuss the various soundbites coming out of the conference and various developments in Abu Dhabi, all in the midst of a very volatile crude oil market riddled with demand concerns, supply-side tightening and geopolitical complications. The final broadcasting call before departing was with Asharq Bloomberg News, with this blogger's week out in Abu Dhabi peppered with plenty of other missives via the keyboard for Forbes, the Motley Fool, and of course via this blog. 

All blog entries for each ADIPEC day may be found here. 

Some commentary on Shell's share price direction via the Motley Fool may be found here. And here are selected Forbes copies in chronological order based on soundbites and insight from ADIPEC 2023. 

• Emirati COP28 President Calls For A "Just, Orderly, Equitable And Responsible" Energy Transition, October 2, 2023.
• India "Will Manage" And Won't Panic If Oil Rises Above $100, Says Energy Minister, October 3, 2023.
• Abu Dhabi To Unveil World’s Fourth Largest Solar Farm "Very Soon", October 4, 2023.
• Oil Futures Slump Further On Uncertain Global Demand Outlook, October 5, 2023.
• Abu Dhabi In First Wind Farm Launch As 2GW Solar Project Nears Completion, October 8, 2023.
• 4 Middle East Geopolitical Scenarios That May Hike Oil Market Risk Premiums, October 9, 2023.
• Scaling Technology And Willpower Critical For 'Fast-Tracking' Global Energy Transition, October 10, 2023.

And that's a wrap. Keep reading, keep it here, keep it 'crude'!

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To email: journalist_gsharma@yahoo.co.uk  

© Gaurav Sharma 2023. Photo: Gaurav Sharma on Asharq Bloomberg TV on October 4, 2023 © Asharq Bloomberg 2023.

ADIPEC Day III: On partnerships, progress & more

As Day III of ADIPEC gathered momentum and crowds grew bigger still, global crude oil markets were greeted with the news that Saudi Arabia and Russia would maintain their joint oil production cuts of 1.3 million bpd until the end of the year. However, that didn't stop global oil benchmarks from sliding lower faced with an uncertain demand picture and an ever stronger US dollar. 

Inside the conference halls, and away from the din of the global crude market, various speakers called for heathy and meaningful cross-sector partnerships to open viable energy transition pathways. These may ideally involve stakeholders from across energy industries, financiers, technologists, governments, academia, and, of course, the end-consumer. 

As Niall Hannigan, Chief Financial Officer of Masdar, noted in a panel on fast tracking finance and prioritising investments for the energy transition. "Investors need scale. They want to see a clear policy framework within a geography, underpinned by a stable, transparent regulatory regime. Governments won’t attract investors alone – we need regulators, developers, development banks and commercial banks in the room together to create a programme. That collaborative conversation is essential.”

For his part, the Oilholic marked Day III with a tech heavy outing. It included concluding one's final speaking engagement at ADIPEC 2023's Digitalisation in Energy conference stream with a one-on-one discussion with Saravan Penubarthi, CTO of AiQ, on the future of cybersecurity solutions for energy systems. 

Wrapped up my moderating duties at #ADIPEC2023 with a final Digitalisation in Energy session earlier today with Saravan Penubarthi, CTO of AiQ, on the future of #cybersecurity solutions for #energy systems. Great session, lovely audience at @Chevron Hall 14 #EnergyTransition pic.twitter.com/WDIc77ekQk

— Gaurav Sharma (@The_Oilholic) October 4, 2023

With panel sessions concluded, yours truly also took some time out to have a walkabout in the wider exhibition area spread over several halls. 

Getting going on Day III of @ADIPECOfficial 2023. Here's @Yokogawa's display on #decarbonizing, @ABB_Energy's EV charging station mock-up (& @bakerhughesco talk on sustainable solutions) in the background #ADIPEC2023 #EnergyTransition #OOTT pic.twitter.com/Im6PLyz1p0

— Gaurav Sharma (@The_Oilholic) October 4, 2023

And...also said goodbye to Chevron's Boston Dynamics robotic dog(s) this blogger has been walking by for the past few days :) 

And that's all for Day III, more tomorrow! Keep reading, keep it 'crude'!

To follow The Oilholic on Twitter click here.

To follow The Oilholic on Forbes click here.

To follow The Oilholic on Rigzone click here.

To email: journalist_gsharma@yahoo.co.uk  

© Gaurav Sharma 2023. Photo: (1) ADIPEC 2023 exhibition floor, Abu Dhabi, UAE, (2) Chevron's Boston Dynamics Robotic Dogs © Gaurav Sharma 2023.