The transition away from a fossil fuel-based energy system to one based on cleaner energy technologies raises profound questions for traditional oil and gas companies. In looking to the world’s future energy requirements, some of these companies are looking for ways to evolve into broader energy companies to reach net-zero targets by 2050. They will require new capabilities, leadership, and cultures as they shift their business models, capital allocation, and organizational capabilities.
To better understand the opportunities, experiences, and challenges facing oil and gas companies in adapting to the energy transition, the Center on Global Energy Policy hosted a panel of experts with experience in the sector.
Moderator:
- Amy Myers Jaffe, Co-Chair, Women in Energy Steering Committee, Center on Global Energy Policy at Columbia University SIPA and Managing Director, Climate Policy Lab, Fletcher School, Tufts University
Speakers:
- Andrea Galieti, Vice President for Policy and Partnerships, bp
- Sunaina Ocalan, Director, Corporate Strategy and Climate Change, Hess Corporation
- Ariwoola Ogbemi, Senior Advisor, Equinor and Adjunct Senior Research Scholar, Center on Global Energy Policy at Columbia University SIPA
