The Oil Era: Emerging Challenges

Annual Energy Conference 16

  • 8 - 10 November 2010

The intensifying global quest for low-carbon energy solutions has failed to undermine demand for oil and gas, which is projected to continue growing strongly in the years ahead. However, many of the leading oil-consuming countries have already adopted targets for reducing their dependency on imported fossil fuels while simultaneously pursuing alternative energy sources including, in some cases, nuclear energy. This changing global landscape has raised important questions about the long-term future of oil and its role in the world economy.

With this in mind, the ECSSR 16th Annual Energy Conference seeks to examine the emerging, contemporary challenges of the oil era and subsequently both the role of oil as a primary source of energy and its place in the broader energy equation.

The first day of the conference will identify key factors shaping the present discourse on oil. It will consider the dynamics of global demand and the resulting implications for Middle Eastern producers. The discussion will then move on to an examination of the significance of climate change and its consequences for oil policies worldwide. Furthermore, the drive for new energy technologies will be evaluated in terms of its repercussions for the energy sector.

The second day will begin with an in-depth discussion of the interplay between oil and the global economy, followed by an investigation of oil market trends in the context of the changing realities of the international economic order. The focus will then shift to strategic issues surrounding the evolving geopolitics of oil.

The third day will seek to determine the future of oil by assessing its prospects in the shifting global energy system of the 21st century. The conference will conclude with a discussion focusing on the development and management of the Arabian Gulf’s energy sector, including an analysis of the respective contribution of each source of energy – namely oil and gas, nuclear and renewables – to the region’s future energy mix.