Reliant Center
1 Reliant Park
8400 Kirby Drive
Houston, Texas 77054

General Sessions

Tuesday, 6 May
1400–1630

Petroleum—Energy of the Future

In order to better prepare for the industry’s future, one must understand the supply and demand challenges facing the oil and gas industry. On the supply side, one must consider the oil peak, the rise of national oil companies, technology, the environment, and strained resources. From the demand side, issues such as biofuels, air quality, climate change, trade pattern shifts toward Asia, and the role of emerging economies will be discussed.

Moderators:

Hasan Qabazard, Director Research Division, OPEC
Art Schroeder, President, Energy Valley

Introductory Address:

Mohamed Hamel, Head Energy Studies, OPEC

Panelists:

Keith R. Morley, Corporate Senior Vice President, Weatherford
Thomas Ahlbrandt, Vice President Exploration, Chief Geologist, PetroHunter Energy Corporation
Peter Tertzakian, Chief Energy Economist, ARC Financial Corporation

Wednesday, 7 May
1400–1630

Global Energy Outlook—What Are the Challenges?

To meet today’s and tomorrow’s energy needs, all available energy sources must be accessed, enhanced, and utilized in both the developed and developing world. The questions that have captured many worldwide news headlines are: Why are oil and gas prices at their current levels, what are the challenges ahead in meeting rapidly growing energy needs, and how do we address concerns about energy security and climate change?

Some of the challenges include development of new technologies that enable discovery of new energy resources, enhance oil and gas recovery, and reduce finding and development costs; rising project development costs; environmental concerns from growing CO2 concentration; and skilled-labor shortages in the industry.

This panel will explain the nature of the energy challenges and share their views on what is required of the public and private sectors to deliver affordable and sustainable energy for the future.