CERAWeek Podcast with Atul Arya

In the first installment of CERAWeek Conversations 2021, Bob Dudley, Chairman of the Oil and Gas Climate Initiative, shares insights on the leading role that the world's largest energy producers are playing in the road to a low-carbon future.

Richard Haass, president of the Council on Foreign Relations, explores the main themes of his new book, "The World: A Brief Introduction," in a CERAWeek Conversation with IHS Markit Vice Chairman Daniel Yergin. The world is in a unique moment in history, Haass contends, and a deeper understanding of global issues and a renewed appreciation of alliances are needed to confront the challenges ahead. Haass examines the issues, from COVID-19 responses to Iran, Russia, and U.S.-China relations, and shares insights on innovative approaches for cooperation on climate change and international trade.

Diversity, inclusion, and racial equity are core societal values, but they have shaken by the events of 2020. The massive protests that swept the country over racial injustices were calls to action and demands for change towards a more inclusive and equitable society. The energy industry has a tremendous role to play in this movement. In this timely and important CERAWeek Conversation, leaders from the oil, gas, and power sector address how their organizations have responded to the calls and discuss the ongoing actions that industry has been taking to foster cultures of diversity and inclusion.

Prior to COVID-19 the oil and gas industry had already been on a steady pace of digital transformation brought on by technological advancements and new business drivers and models. How has the pandemic accelerated this shift? Has digital transformation in a post-COVID world moved from a luxury to a necessity? Oil and gas technology experts discuss where industry is heading and the way forward with digital transformation for operators and application vendors.

Global oil markets, already bracing for slower demand pre-COVID, have been rocked this year by the pandemic, price war, and other seismic shifts to business and industry. Now facing even more constrained demand, a new price environment, capital discipline pressures, revamped shale models, a growing EV movement, and more, what is the range of scenarios and uncertainties that producers must navigate in the global oil market over the next 10 years and beyond? Chief economists from BP and ConocoPhillips and the heads of oil market research at OPEC and IHS Markit discuss the trends and structural changes that are shaping global oil post-pandemic.

Iberdrola Chairman and CEO Ignacio S. Galán joins IHS Markit Vice Chairman Daniel Yergin in a CERAWeek Conversation that chronicles his journey as a renewable energy pioneer and the company's path to the forefront of the energy transition. Galán examines Iberdrola's investments in wind and solar energy, the outlook for hydrogen and storage, and the growing competition downstream with traditional oil and gas players.

Business and academia team up to deliver roadmap for how companies can prepare for the energy transformation by leveraging technology and human talent. Arno Van Den Haak, Head of the Worldwide Business Development Oil & Gas at Amazon Web Services, and Venkat Venkatraman, Jr., Professor of Management and Department Chair at the Boston University Questrom School of Business, share the learnings from the collaboration between their organizations about the transformation ahead.

President-elect Biden will assume office on January 20 with an ambitious domestic policy agenda and an eagerness to engage with the world, while facing with the challenges of a divided electorate and a country and economy that carry the burdens of a nearly year-long pandemic. In this CERAWeek Conversation, leading experts on the economy, global energy, and international relations assess the outlook for the Biden Administration at home and abroad. Meghan L. O'Sullivan, Jeane Kirkpatrick Professor International Affairs, Harvard University, Atul Arya, Chief Energy Strategist, IHS Markit, and Nariman Behravesh, Chief Economist, IHS Markit, navigate an important and multi-dimensional discussion on the path forward for President-elect Biden, from economic stimulus to climate change, energy policy, trade, China, and American leadership in the world.

Vicki Hollub, president and chief executive of Occidental Petroleum, joins IHS Markit Vice Chairman Daniel Yergin to discuss the changing landscape for upstream operators brought on by market conditions and the movement toward lower carbon, net-zero economies. Hollub examines operational efficiencies for shale production, potential industry consolidation, and Oxy's shift towards becoming an integrated "carbon management" company that is pursuing technological innovations in direct air capture and other lower carbon initiatives.

How industries and economies provide the world with more energy while reducing emissions is one of the most fundamental challenges of the energy transition. The path to addressing it is rooted in technology and innovation. Join this CERAWeek Conversation as the technology heads of ADNOC and PETRONAS examine the strategies, innovations, and operational efficiencies that are tackling this dual challenge.