Governmental measures at the start of the Ukraine war to stabilize oil and gas markets did not ease distrust from the industry.
Felipe Bayon, the CEO of Colombia’s state-owned Ecopetrol, spoke with Hart Energy at CERAWeek by S&P Global to discuss advances in the Permian Basin with Occidental Petroleum and progress offshore Colombia with Petrobras and Shell Colombia, while touting Colombia’s offshore gas potential.
Exxon Mobil Corp. CEO Darren Woods argued during CERAWeek by S&P Global in Houston that applying Scope 3 measures to a specific company had its downsides, although he said the Scope 3 measure for the GHG protocols was relevant at the macro level.
As worldwide oil and gas flows have been altered due to Russia’s invasion of Ukraine, OPEC Secretary General Haitham Al Ghais said a slowdown in the U.S and Europe “concerns us more.”
TotalEnergies’ CEO Patrick Pouyanné said during CERAWeek by S&P Global that the French energy giant would invest capital where it was more efficient, including the U.S., while encouraging European leaders to improve incentives.
The chief executive of NextEra Energy, the world’s largest producer of renewables, called hydrogen a ‘significant opportunity.’
U.S., Australian and Japanese oil and gas CEOs want regulatory certainty that lasts “beyond one election cycle," they said during a panel discussion at CERAWeek.
Guyana, which started producing oil offshore in late 2019, is now looking at a strategy to monetize gas associated with the oil projects, the country’s Vice President Bharrat Jagdeo said during CERAWeek by S&P Global.
An increase in the number of entry points and AI complicate the picture for cybersecurity in the energy industry.