Iptc Daily 14 January 2020 the Official Show Daily of the International Petroleum Technology Conference
Under the Patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud Crown Prince, Deputy Prime Minister, and Minister of Defense, Kingdom of Saudi Arabia DAY 2 IPTC DAILY 14 JANUARY 2020 THE OFFICIAL SHOW DAILY OF THE INTERNATIONAL PETROLEUM TECHNOLOGY CONFERENCE IPTC Welcomes A New Energy Era John Donnelly, IPTC Daily Editor he 12th International Petroleum TTechnology Conference (IPTC) opened Monday with a distinguished panel offering its outlook for oil and gas markets in the next year and the next decade. IPTC, which is sponsored by four leading oil and gas associations, is being held in Saudi Arabia for the first time. “This is the first interdisciplinary oil and gas conference to be held in Saudi Arabia,” said Mahmoud M. Abdulbaqi, Chairman of the Board of ARGAS and Chairman of the IPTC Board of Directors. The conference is being hosted exclusively by Saudi Aramco. The opening panel included Abdulbaqi; Mohammed Y. Al-Qahtani, Senior Vice President, Upstream, Saudi Aramco; HE Yasir Al-Rumayyan, Chairman of the Board, Saudi Aramco; and HRH Prince Abdulaziz bin Salman Al-Saud, Minister of Energy, Kingdom of Saudi Arabia. Saudi Energy Minister Al-Saud noted the key contribution his country has made to global oil supply stability. Industry Faces A Range of Challenges in New Year John Donnelly, IPTC Daily Editor Geopolitical and oil supply Darren Woods, Chairman and CEO needs a stable oil market, sustainable defended the actions of the OPEC- uncertainty shadow the oil and gas of ExxonMobil; Patrick Pouyanné, supply and demand growth, plus group against critics who said it industry as it enters a new decade, Chairman and CEO of Total; and predictability, and production that undermined free market economics.
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