14th IEA-IEF-OPEC Symposium on Energy Outlooks

Name: 14th IEA-IEF-OPEC Symposium on Energy Outlooks
Start: 2024-02-21T08:00:00
End: 2024-02-21T17:00:00

Wednesday 21 February 2024, Riyadh, Saudi Arabia

The 14^th IEA-IEF-OPEC Symposium on Energy Outlooks was held in Riyadh, Saudi Arabia on 21 February 2024.

The joint producer—consumer dialogue was co-hosted by Joseph McMonigle, Secretary General of the International Energy Forum; H.E. Haitham Al Ghais, Secretary General of the Organization of the Petroleum Exporting Countries and Fatih Birol, Executive Director of the of the International Energy Agency.

Market volatility and the widening gap between different scenarios made dialogue on energy outlooks and market signals more important than ever. The symposium was divided into four key sessions as follows.

Energy Security, Technology and Sustainability—Scenarios and Markets: Welcome and scene setting remarks by the host and co-hosts, as well as IRENA and the GECF as guest organizations.
Key Outlook and Comparative Analysis Findings: Presentation of the key findings of the IEA, OPEC and EIA Outlooks, and the IEF Comparative Analysis Findings.
Trade and Investment in Energy Security, Market Stability, and Affordable Access: Panelists views on key trends and discussion on how governments and industry could manage excessive volatility and restore market stability and affordability.
Policy and Energy Market Incentives to Reach Shared Goals: Panelists views and discussion on cohesive policy approaches to leverage markets and accelerate orderly and equitable transitions.

The annual IEA-IEF-OPEC Symposium on Energy Outlooks is part of a wider joint program of work agreed upon by the three organizations and endorsed by Energy Ministers at the 12th International Energy Forum (Cancún, March 2010) as part of the Cancún Declaration.

Guest Speakers

Welcome and Opening Remarks

HRH Prince Abdulaziz bin Salman Al Saud
Minister of Energy, Saudi Arabia

Welcome and Scene Setting

Joseph McMonigle
Secretary General, IEF
Haitham Al Ghais
Secretary General, OPEC
Keisuke Sadamori
Director, Energy Markets and Security, IEA
Osama Mobarez
Secretary General, EMGF
Gauri Singh
Deputy Director-General, IRENA

Session I: IEA and OPEC Energy Outlooks Comparison

Joseph McMonigle
Secretary General, IEF
Ayed Al-Qahtani
Director, Research Division, OPEC
Ciarán Healy
Oil Market Analyst, IEA
Christof van Agt Ross
Director of Dialogue, IEF
Majid Jafar
Chief Executive Officer, Crescent Petroleum
Antonio Oburu Ondo
Minister of Mines and Hydrocarbons, Equatorial Guinea
Mthuli Ncube
Minister of Finance, Zimbabwe
Marcel Abeke
President of the OPEC Conference 2024,Minister of Petroleum, Gabon
Kamal Abbasov
Deputy Minister of Energy, Azerbaijan
Renata Szczerbacki
Strategy and Planning Executive Manager, Petrobras
Cosmin Ghita
CEO, Nuclearelectrica

Session II: Medium Term Perspectives

Robert McNally
Founder and President, Rapidan Energy Group
Helima Croft
Global Head of Commodity Strategy, RBC Capital Markets
Lee Beck
Senior Vice President, Global Policy and Commercial Strategy, HIF Global
David Fyfe
Chief Economist, Argus Media
Amrita Sen
Founder and Director of Market Intelligence, Energy Aspects
Helen Currie
Chief Economist, ConocoPhillips Company
Neil Atkinson
Independent Energy Analyst, Former IEA Head Oil Market Division

Session III: Long Term Perspectives

Jamie Webster
Partner and Associate Director, Center for Energy Impact, BCG
Peter Wood
Chief Energy Adviser, Shell
Roberto Ardenghy
Executive Director, Instituto Brasileiro de Petróleo e Gás (IBP)
Adam C. Simon
Arthur F. Thurnau Professor of Mineral Resources, Earth & Environmental Sciences, University of Michigan
Ken Koyama
Managing Director, Chief Economist, Strategy Research Unit, IEEJ
Matthew Harwood
Chief Strategy Officer, Climate Investment