Outlook for Oil, Gas and Power
Program Content

Program Content

MONDAY

Global Energy Overview and Future Trends
Michael C. Lynch, DRI-WEFA Energy
What are the main features of the current energy industry landscape? Hear a provocative review and analysis of recent changes in the international oil, gas and power markets, including changes in supply, demand, reserves and prices, and the results of OPEC's market policy. Look at possible future price paths and their drivers.

Recent Performance & Current Focus of Industry Players
Marie N. Fagan, IHRDC
How are industry players responding to current challenges and opportunities, and how are they faring? Review recent financial performance and announced strategies of the key energy industry players--from super-majors to small independent oil and gas producers; service companies and independent power producers. Identify forces driving the recent consolidation of the energy business, and future industry structure.

Host Government Agreements - What is Happening and Where?
Gerrit Maureau, MaurOil International
Oscillating oil prices, a sagging world economy and increased competition are putting pressure on host governments to adjust their contract terms: what has history taught us and what will the future bring? Review the status and terms of recent host government contracts, and the main drivers in the negotiation of successful agreements.

Trends in Upstream Risk Management
Gerrit Maureau, MaurOil International
The unpredictability of geology and the instability of economics and politics remain the greatest risks in the exploration and production business. While the complexity and level of these upstream risks remains undiminished, the technology to mitigate them is improving constantly. Review the risks, discuss the tools for their minimization, and look at trends in project evaluation and portfolio management.

Trends in Exploration, Development and Upstream Asset Management
Ronald A. Bain
Review the new technologies in exploration, drilling, reservoir management and strategic asset management. Learn what is happening in exploration seismology, petroleum system modeling, "smart" drilling, reservoir delineation and asset evaluation utilizing Real Options Analysis.

TUESDAY


Developing International Oil and Gas Pipelines
Richard Hildahl, Energy Resources Group
Learn about the critical factors for success in developing international oil and gas pipeline projects.

Tanker Transportation Trends
Jeffrey Goetz, Poten and Partners
Examine the supply and demand factors affecting markets for crude oil and products tankers; review strategies for covering transportation requirements.

LNG -Recent Developments & New Market Opportunities
Fred Adamchak, Poten and Partners
Substantial changes in LNG project and shipment costs have made LNG a much more competitive energy source. Learn about these changes and the effect they are having on the international gas market.

Worldwide Gas Processing Trends
Ajey Chandra, Purvin & Gertz, Inc.
Examine worldwide developments in LPG and NGL business, including recent plant additions, regional changes in supply-demand and trends in world prices.

WEDNESDAY


Gas Conversion Processes - Technology, Costs and Markets
Marshall Frank, Former President, Chem Systems
Learn about the current trends in technology, capital costs and markets for the key gas conversion processes: ammonia, urea, methanol, ethylene and gas-to-liquids.

Recent Developments in Refining and Petrochemicals
Bruce Burke, Nexant-Chem Systems
Review developments such as recent refinery additions and closings; regional changes in supply and demand, trends in refinery margins by region, and environmental issues. Learn about petrochemical plant additions, changes in supply and demand, pricing cycles, and margins.

Regulatory Change - How Is It Affecting the Power and Gas Industries?
Janet Besser, Lexecon
Regulatory change and competition in both the power and gas industries are influencing corporate restructuring and business strategies. Learn what has and is now happening with respect to regulation at the wholesale and retail levels, nationally and internationally, and consider how these types of change will affect your organization in the future.

THURSDAY


Developing International Power Projects
Richard Squires, Intergen
The demand for electricity is expected to grow in virtually every country in the world. Learn how one independent power producer, now owned by Shell and Bechtel, is developing power projects internationally.

HSE and Sustainable Development
R.L. (Lyn) Arscott, Former General Manager of HSE, Chevron
Hydrocarbon consumption has both positive and negative Impacts on the sustainable development of global society. Learn about the interaction of economic, social, and environmental activity and how your company can design strategies and programs for sustainability.

Risk Management and Trading of Energy
Laura Langer, PG&E Corporation
Update of state-of-the-art risk management practices used to manage price and volume risks and how they apply to the trading of oil, gas and power.

FRIDAY


The Continuous Learning Organization
David A. Garvin, Harvard Business School
A continuous system is needed to respond to change, especially where change is occurring at an ever more rapid pace. Learn how to structure strategic planning efforts, capture and communicate knowledge and learning, and, most importantly, implement change.

Risk Management and Trading of Energy
Laura Langer, PG&E Corporation
Update of state-of-the-art risk management practices used to manage price and volume risks and how they apply to the trading of oil, gas and power.

Concluding Remarks: Summary of What We Have Learned
David A. T. Donohue, IHRDC