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CPC Planning

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Title: CPC Planning


1
Theme Energy Solutions for All Promoting
Cooperation, Innovation and Investment
2

Theme Description
Energy
Solutions for All Promoting
Cooperation, Innovation and Investment The 20th
World Petroleum Congress will focus the debate on
solutions aimed at providing global for all to
reliable, affordable and sustainable energy in
both the near and long term future. To achieve
this goal producers, consumers, governments and
societal representatives need to work in close
cooperation to develop innovative ways to find
and develop new oil, gas and alternative energy
resources, as well as to set higher standards for
wiser, more efficient and cleaner energy
consumption. The need for a long term view on
the massive investments required by the energy
sector, and the returns to investors that adopt
such visionary approach, will also be highlighted
and debated.
3

Block 1 - Description
Natural Gas the energy that makes a difference
Natural Gas has
steadily gained increasing importance in the
world energy matrix during the last 50 years.
However, it was only with the introduction of new
technologies such as LNG and GTL, relatively
recent in the petroleum industry history, that
this clean and abundant source of energy has
become widely available to markets around the
world. This block will focus on the regional and
global gas supply and demand balance, the
increasing importance of natural gas in the world
energy matrix and the most recent technological
advances in the processing, transportation and
utilization of this source of energy. The
monetization of both associated and non
associated natural gas reserves located in remote
or operationally challenging environments through
new technological advances such as modularized
LNG or GTL units, or offshore LNG facilities and
other promising technological advances will also
be thouroughly discussed.
4

Block 2 - Description The New Exploration
and Production Frontiers and Technologies
All projections indicate
that oil and natural gas will continue as the
most important contributors to the worlds energy
needs for at least three to five more decades.
In order to meet the increasing demand, and
offset the decline of the existing fields, the
industry will have to find and develop oil and
gas fields in increasingly challenging
conditions. In addition to revisiting mature
areas with new technologies and innovative ideas,
a significant part of the new oil and gas
reserves will have to be explored for and
developed in very remote and inhospitable regions
such as the far offshore and ultradeep waters,
arctic regions and remote inland basins. To
continue being successful the industry will need
innovative approaches to exploration and
development of both conventional and
non-conventional resources, utilization of
cutting edge technologies to maximize efficiency
and reduce costs, and a long term investment
commitment in an environment of price volatitly.
All these topics will be covered in the various
sessions of this block.
5

Block 3 - Description From the well to the
consumer innovations in refining,
transportation, fuel technology and
petrochemistry
Sustainability of supply requires, in addition
to finding and developing oil and gas resources,
that the products be delivered to consumers
meeting increasingly more stringent quality
standards, in an efficient and cost effective
way, while building mutually beneficial relations
with the society and local communities. The
expansion of the refining and petrochemical
processing capacity around the world, the growth
of long range transportation capacity via
pipelines or tankers, and the distribution
networks that branch out to the final consumer
will have to incorporate the most advanced
technologies and operate with the best practices
in order to keep up with the market and society
demands. This block will be dedicated to the
discussion of advanced processing technologies
leading to better quality products, new refining
techniques in view of the increasingly
non-conventional composition of feedstocks, the
future specification requirements for fuels and
petrochemical products, and ways to make
refining, transportation and distribution more
energy efficient, cost effective and more
friendly to the environment and the communities.
6

Block 4 - Description
Alternative Energy Sources balancing the
equation
Recognizing that alternative energy sources will
have a much lower participation in meeting the
worlds energy needs than fossil fuels, at least
in the foreseable future, these will play a
significant role in complementing supply, market
stabilization and mitigation of environmental
impacts, particularly in the reduction of carbon
emissions. Alternative energy sources may also
play a significant role in promoting economic
growth of developing countries. This block will
be dedicated to the discussion of challenges and
opportunities in the sectors of biofuels, wind,
solar and other forms of alternative energy. Of
particular interest will be new technological
advances leading to higher efficiency and lower
cost to produce such forms of energy, market
trends and policies being introduced around the
world that are driving the supply and demand of
alternative energy.
7

Block 5 - Description Sustainability Commitment
environment, society, economics, governance
The oil and gas industry
has invested significant resources in the last
two decades in order to improve its
sustainability practices and earn the right to
continue operating and being profitable. High
standards in the areas of environmental quality,
economic efficiency and meeting societal
expectations, the so called triple bottom line,
are now firmly established as key factors for the
success of the industry. In spite of these
efforts public perception of the petroleum
industry is largely negative. This block will be
dedicated to the discussion of the best practices
for sustainable investments, including even more
stringent environmental protection requirements
as the industry moves into more sensitive areas,
building partnerships with local communites and
governments and NGOs, and ensuring proper
economic return for the shareholders. Some
critical issues for sustainable investments, such
as developing highly skilled and multicultural
human resources, financing projects highly
intensive in capital and corporate governance
will also be discussed in this block.
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