Showing posts with label Amin Nasser. Show all posts
Showing posts with label Amin Nasser. Show all posts

Tuesday, March 11, 2025

CERAWeek Day I: Fossil fuels rule?

The Oilholic is back in H-Town for CERAWeek 2025 to hear a succession of oil and gas bosses openly blast renewables, criticise the eonomics of the energy transition and big up the potential for natural gas on the event's first day. 

The language may more colourful than last year but the pattern of the dialogue remained the same.

For the Oilholic, the main differentiation point for Day I was Trump's top energy czar making his mark with Trumpian aplomb. 

Enter Chris Wright, the relatively new US Energy Secretary who emphatically declared: "There is simply no physical way that wind, solar and batteries could replace the myriad uses of natural gas. In particular, wind power had a singularly poor record of driving up prices."

In true Trumpian fashion, he also signed another export permit - for Delfin LNG - in front of the world's press at the media briefing room (see above). 

Here's more on in his colourful appearance at CERAWeek via your truly's report for Forbes, and here's even more on what the bosses of Saudi Aramco, Chevron, Shell, and Cheniere Energy said on the first day via a detailed roundup on Energy Connects.

As panel discussions gathered pace, CERAWeek's Agora technology and innovation program also got underway, duly visited by yours truly during the second half of the day. 

That's after listening to Larry Fink, CEO of BlackRock who noted: "If you are a startup in the US and have a great idea, you can get capital / access to capital in the US real quick. That cannot be said of many other markets."

Emerging cleantech and breakthrough applications of artificial intelligence appeared to be all the rage here with loads of chatter in open forum events being held in "pods." 

Of course, along with the pods, came the hubs with some interesting perspectives on the energy transition, climate change mitigation and a showcase of emerging startups attempting to shake things up for another year running. 

And there were plenty of profound discussions on the global energy transition like Agora's Nexus enclosure, where noted Indian environmentalist Sunita Narain observed: "India's renewables March is an incredible story...Part of the trajectory is about not replacing but displacing coal which services much of the country's power demand." 

But that's all for now folks, more to follow over the course of the week. Keep reading, keep it here, keep it 'crude'! 

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© Gaurav Sharma 2025. Photo I: US Energy Secretary Chris Wright signs another export permit for Delfin LNG in front of the world's press at the CERAWeek media briefing room on Mar 10, 2025. Photo II: Indian environmentalist Sunita Narain addresses CW Agora program on Mar 11, 2025 © Gaurav Sharma 2025.

Tuesday, December 07, 2021

Glimpses of the 23 WPC 2021 in Houston

The 23rd World Petroleum Congress (WPC) – widely regarded as the oil and gas industry's most prestigious and high profile global event – returned to Houston, Texas, US this week. It's taking place from December 5-9, 2021. Often described as the "Olympics" of the energy business, the World Petroleum Congress has been held since 1933 when London hosted its first round. 

From 1991 onward, the event has gone on to be held every three years. After a COVID-19 enforced delay in 2020, which pushed the event forward by a year to December 2021, Houston hosted the event for a second time, having previously hosted the 12th WPC in 1987. This blogger is privileged to be here and delighted to bring you some glimpses of this prestigious event. 

The 23rd World Petroleum Congress (23 WPC) floor in Houston, Texas, US
The 1.8m sq ft George R. Brown Convention Center in downtown Houston is the venue of 23 WPC 
Exhibition floor of the 23 WPC

ExxonMobil's stand at the 23 WPC exhibition
NASA's Space Exploration Vehicle on display at the 23 WPC
Sonya Savage, Minister of Energy of Alberta, Canada (left) calls for an honest conversation on the need for oil & gas as the world transitions to a low carbon economy
Boston Dynamics' RoboDog 'Spot' vows visitors at the 23 WPC
It is all about keeping the youth interested & having viable STEM pathways to avert a talent gap crisis in the oil & gas business, as deliberated by this panel
Saudi Aramco CEO Amin Nasser (right) visits the 23 WPC exhibition floor

© Gaurav Sharma 2021. Photo © Gaurav Sharma, December 2021.