24 25 26
May 2018
16 June
Energy Company Summit

WORLD OIL MARKET AT CROSSROADS: UNCERTAINTY INVESTMENTS OR RISK MANAGEMENT?

16:00-18:00 Pavilion F, Conference Hall F3
The most critical phase of the global oil market crisis is over. However, oil prices are still low, investments in oil production and exploration are being cut for the second consecutive year, and a high degree of uncertainty remains in the market. What are the short-term and long-term effects of underinvestment in the oil industry? How will it influence the resource-to-production ratio? Is the price increase seen in the recent weeks a long-term trend? Is this level of prices sufficient to recover investments? What is the role of shale oil production in the demand and supply balance and pricing in the mid-term? Is it possible to speak about the start of a new era in the development and regulation of the global oil market?
Moderator:
Nobuo Tanaka, Chairman, Sasakawa Peace Foundation; Executive Director (2007–2011), International Energy Agency
Key note:
Igor Sechin, Chief Executive Officer, Chairman of the Management Board, Deputy Chairman of the Board of Directors, Rosneft
Panellists:
Eulogio Antonio Del Pino Diaz, People's Minister for Petroleum and Mines of the the Bolivarian Republic of Venezuela
Claudio Descalzi, Chief Executive Officer, Eni S.p.A.
Robert Dudley, Group Chief Executive, BP
Patrick Pouyanne, Chief Executive Officer, Chairman of the Board, Total
Lorenzo Simonelli, President, Chief Executive Officer, GE Oil & Gas SpA
Front row participants:
Adi Karev, Global Oil and Gas Leader, EY
Rex Tillerson, Chairman, Chief Executive Officer, ExxonMobil Corporation
Marco Tronchetti Provera, Chief Executive Officer, Executive Vice Chairman, Pirelli & C SpA

Highlights

Data technology is going to be central and utilization of this data will let the industry to become more predictive, decrease downtime and improve outcome for customers.

Lorenzo Simonelli
President, Chief Executive Officer CEO, GE Oil & Gas SpA

Technology will be pathway to carbon future that we seek both in terms how we continue supply the energy and how we will consume it in less impactful way.

Rex Tillerson
Chairman, Chief Executive Officer, ExxonMobil Corporation

The key parameter determining oil extraction in Russia consists in the fiscal conditions, rather than oil prices.

Igor Sechin
President, Chairman of the Management Board, Deputy Chairman of the Board of Directors, Rosneft

In Russia we can find low cost resources, the lowest cost of resources in the world. This is the main driver for us.

Patrick Pouyanne
Chief Executive Officer, Chairman of the Board, Total

People short CAPEX around the world and it is the main strategic trend in the world right now.

Robert Dudley
Group Chief Executive Officer, BP

For the long run we need fossil fuel, we need absolutely to reduce coal and to increase gas and we need to focus on the right energy mix.

Claudio Descalzi
Chief Executive Officer, Eni S.p.A.

At this time

16:00-17:30 Congress Centre, Conference Hall D2

MEETING OF THE PRESIDENT OF KAZAKHSTAN NURSULTAN NAZARBAYEV WITH RUSSIAN BUSINESS REPRESENTATIVES

(By individual invitation)

16:15-17:45 Congress Centre, Congress Hall
Realizing the Economic Potential of Russia Sberbank Plenary Session

TECHNOLOGIES AS A PASS INTO TOMORROW: EVOLVE OR DIE

16:15-17:30 Congress Centre, Conference Hall D3
Navigating Revolutions in Technology Panel Session

WHERE IS THE MONEY? FINANCING THE CONVERSION TO A SMART CITY

In cooperation with MasterCard

16:15-17:30 Congress Centre, Conference Hall D4
Navigating Revolutions in Technology Panel Session

NEW ADVANCES IN MEDICAL APPLICATIONS: A LOOK INTO THE FUTURE

16:15-17:30 Congress Centre, Conference Hall B1
Sustaining Economic Expansion Panel Session

NEW FRAMEWORKS AND CRITERIA IN CREDIT RATING SYSTEMS

16:15-17:30 Congress Centre, Conference Hall D1
Realizing the Economic Potential of Russia Panel Session

IN SEARCH OF BEST PRACTICE IN STATE INVESTMENT MANAGEMENT

In cooperation with Russian Railways

16:15-17:30 Congress Centre, Conference Hall B2
Realizing the Economic Potential of Russia Panel Session

FEATURES OF THE BUDGET AS AN ECONOMIC POLICY TOOL

16:15-17:30 Pavilion G, Conference Hall G1
Realizing the Economic Potential of Russia Panel Session

RUSSIAN AND FOREIGN JURISDICTIONS: SECURITY FOR DOING BUSINESS

16:15-17:30 Pavilion G, Conference Hall G2
New Geo-Economic Dynamics Roundtable

LIFE AFTER SANCTIONS: RE-INTEGRATING IRAN INTO THE GLOBAL ECONOMY

16:15-17:30 Pavilion G, Conference Hall G3
Sustaining Economic Expansion Panel Session

THE ECONOMIC IMPACT OF EPIDEMICS: A CASE STUDY OF PUBLIC–PRIVATE PARTNERSHIP IN THE FIGHT AGAINST EBOLA

16:15-17:30 Pavilion G, Conference Hall G4
Sustaining Economic Expansion Panel Session

THE GLOBAL GROWTH ENGINES – WHO IS NEXT?

16:15-17:30 Pavilion G, Conference Hall G5
Realizing the Economic Potential of Russia

ACCESS TO STATE PROCUREMENT: A BUSINESS PERSPECTIVE

16:15-17:30 Pavilion G, Conference Hall G6
New Geo-Economic Dynamics CNBC TV Debates

MIDDLE EAST: OPEN FOR BUSINESS

16:15-17:30 Pavilion G, Amphitheatre Hall
Realizing the Economic Potential of Russia Panel Session

NEW HORIZONS IN THE TOURISM INDUSTRY

16:15-17:30 Courtyard No. 3, PEPSICO CAFÉ
The Human Dimension Panel Session

CHARITY AND PHILANTHROPY: MEETING FUTURE CHALLENGES