The world’s foremost conference on the energy future

March 4 - 8 • Houston

Drivers of Change: Geopolitics, Markets, and the New Map of Energy

Conference In Review Khalid Al-Falih, President Fanrong Li, CEO & & CEO, Saudi Aramco President, CNOOC Ltd.

Igor Sechin President Daniel F. Akerson, and Chairman of Ryan Lance (center), Chairman & Chairman and CEO, Management Board, CEO, ConocoPhillips General Motors Rosneft

Bob Dudley, Group Chief Executive, BP p.l.c

Bill Gates, Chairman, Microsoft Corporation, Co-Chair, Bill & Melinda Gates Foundation

Patrick Kron, Chairman & CEO, Alstom

Michael Dolan, Senior Vice President, Exxon Mobil Corporation Frederick W. Smith, Chairman and CEO, FedEx Corporation 2013 Plenary Speakers

(Partial List) Michael Dolan General Michael Ryan Lance Stephen Pryor Rainer Seele Senior Vice President Hayden Chairman & CEO President Chairman of the Daniel F. Akerson Exxon Mobil Former Director ConocoPhillips ExxonMobil Board of Executive Chairman and CEO Corporation of the Central Chemical Company Directors General Motors Fanrong Li Intelligence Agency, Wintershall Holding Bob Dudley CEO and President Philip Rinaldi Khalid Al-Falih Former Director of GmbH Group Chief CNOOC Ltd. Chief Executive President and CEO the National Security Executive Officer Frederick W. Smith Saudi Aramco Agency Gérard Mestrallet BP p.l.c Philadelphia Energy Chairman and CEO Chairman & CEO Orlando Cabrales David Hobbs Solutions FedEx Corporation Anthony Earley GDF Suez Segovia Senior Associate, Chairman, CEO and James E. Rogers Chris Weston President IHS; Head of Irene Muloni President Chairman, President President & CEO ANH Research, KAPSARC Minister of Energy PG&E Corporation and CEO Direct Energy and Minerals Clarence P. Jim Hughes Duke Energy Nemesio Development Steve Williams Cazalot, Jr. CEO Fernández-Cuesta Uganda John Russell President & CEO Chairman, President First Solar Chief Operating President and CEO Suncor Energy and CEO Joe Oliver Officer Walter Isaacson CMS Energy Marathon Oil Minister of Natural J. Michael Yeager Repsol Best-selling author, Corporation and Corporation Resources Chief Executive “Steve Jobs” and Consumers Energy Bill Gates Canada BHP Billiton Tony Clark “Einstein” and Company Chairman, Microsoft Petroleum Commissioner President and CEO, Ambassador Corporation; Co- Philippe Sauquet Federal Energy The Aspen Institute Carlos Pascual H.E. Youcef Yousfi Chair, Bill & Melinda President, Gas & Regulatory Special Envoy and Minister of Energy Gates Foundation Jacek Krawiec Power Commission (FERC) Coordinator for and Mines President & Chief Total Joseph C. Geagea International Energy Algeria Peter Coleman Executive Officer President Affairs Igor Sechin CEO and Managing PKN ORLEN S.A. Chevron Gas and United States President and Director Midstream Patrick Kron Chairman of Please visit Woodside Energy Daniel Poneman Chairman and CEO Management Board ceraweek.com Jack Gerard U.S. Deputy Tim Dodson Alstom Rosneft for a complete list President and CEO Secretary of Energy EVP Global American Petroleum of speakers. Exploration Institute Statoil

Mission Statement

CERAWeek® 2013—IHS CERA’s 32nd discoveries in Africa, to the emerging cyber and leadership. It provides a combination annual executive conference—was held at threats facing companies and countries. of presentations by senior energy officials, the Hilton Americas in Houston, Texas, on thought leaders and IHS CERA experts from CERAWeek® annually offers a March 4-8, 2013. Our theme—“Drivers across the energy spectrum and the globe. comprehensive and integrated global of Change: Geopolitics, Markets, and the framework for understanding what’s We also foster interactive discussion and New Map of Energy”—addressed a range ahead on the energy landscape—markets, dialogue among participants, over 2,000 of topics from the disruptions of Hurricane technology, geopolitics, environment—and senior executives, officials and experts from Sandy, the Shale Gas abundance, new the implications for strategy, investment over fifty countries.

Daniel Yergin James Rosenfield IHS CERAWeek IHS CERAWeek Chairman Co-Chairman 2013

Keynotes Welcome & Opening Ryan Lance, Chairman & CEO, ConocoPhillips Keynote Khalid Al-Falih, President & CEO, Saudi Aramco

Fanrong Li, CEO & President, CNOOC Ltd.

Orlando Cabrales Segovia, President, ANH Steve Williams, President & CEO, Suncor Energy

Global Oil Plenary Concurrent Plenaries Oil

Strategy Sessions New Innovation Strategies to Transform the Energy Future Will the Unconventional Revolution be a Global One? Middle East: Frontlines and Fault Lines Upstream Driving Operational Excellence: Peter Jackson Clarence Cazalot, Jr, Tim Dodson, EVP J. Michael Yeager, Lessons of the Past and Emerging (Chair), VP Chairman, President Global Exploration, Chief Executive, Best Practices Upstream Research, & CEO, Marathon Oil Statoil BHP Billiton IHS Petroleum Natural Gas vs. Diesel in Transportation: Will the US and China Pave the Way? Downstream Financing the Changing Capital Expenditure Patterns The New Logistics of North American Oil: Economics, Markets, and Politics

Jacek Krawiec, Stephen Pryor, Philip Rinaldi, Chief James Burkhard President & CEO, President, Executive Officer, (Chair), VP & Head PKN ORLEN S.A. ExxonMobil Philadelphia Energy of Oil Market Chemical Company Solutions Research & Scenarios, IHS

Keynote Walter Isaacson, Author Steve Jobs and Einstein, President Aspen Institute

(L to R) Daniel Poneman, US Deputy Secretary of Energy, Daniel Yergin, Walter Isaacson Oil

Irene Muloni, Minister of Energy and Minerals Ministerial Dialogue Development, Uganda

Ambassador Carlos Pascual, Special Envoy & Coordinator for International Energy Affairs, United States

H.E. Youcef Yousfi, Minister of Energy and Mines, Algeria

Middle East Strategy Session

Energy Innovation Pioneers

Ambassador Dennis Ross

Now in its 8th year, the IHS CERAWeek® Innovation Pioneers program featured 21 promising James Rosenfield (Chair), SVP, IHS; energy technology IHS CERAWeek companies, and Kristian Bodek Co-Chairman presentations by each Senior Principal Researcher, company’s CEO. IHS CERA 2013 Natural Gas

Strategy Sessions Understanding and Managing Opening Keynote Community Impacts of Bob Dudley, Unconventional Oil and Gas Group Chief Executive, Development BP The Future of Global LNG: The Changing Face of Natural Gas Markets and Pricing New Frontiers, New Business Models: Resource Holders, Oil Companies and Service Providers Capturing the Spread: Turning North American Natural Gas into Higher-value Products Financing Gas in an Uncertain Economy Europe’s Future Natural Gas Markets and Suppliers Competing for Talent in Emerging Hotspots: Building Staff to Operate in Energy Frontiers

Global Gas Plenary

Michael Stoppard (Chair), Peter Coleman, CEO Rainer Seele, Chairman Joseph Geagea, Philippe Sauquet, Managing Director, & Managing Director, of the Board of Executive President, Chevron Gas President, Gas & Power, Global Gas, IHS Woodside Energy Directors, Wintershall and Midstream Total Holding GmbH 2013

Keynote Address Daniel F. Akerson, Chairman & CEO, General Motors

Special Address

Igor Sechin, President and Chairman of Management Board, Rosneft

Keynote Address Joe Oliver, Minister of Natural Resources, Canada Natural Gas

Energy and Global Competitiveness Plenary

David Hobbs (Chair), Chris Weston, President Patrick Kron, Chairman Hirobumi Kawano, Daniel Yergin (Chair), Senior Associate, IHS; & CEO, Direct Energy & CEO, Alstom President, Japan Oil, Vice Chairman, IHS Head of Research, Gas and Metals National KAPSARC Corporation (JOGMEC)

Special Program — IHS CERAWeek Expert Dialogue Drivers of Change: Geopolitics, Markets, and the New Map of Global Energy

L to R: Bill Sanderson, Mary Barcella, Jone-Lin Daniel Yergin, James Xizhou Zhou, Shankari Pete Stark, Alex Klein, VP Downstream Director, North Wang, Vice Vice Chairman, Stevenson, Director, China Srinivasan, Senior Research Research Research American Gas President and IHS Associate Energy Vice President Director and Director, Clean Head, Power, Director, Coal and Managing Advisor and Renewable Gas, Coal and Director Power Renewables– Gas, Power, Americas Renewables – EMEA/APAC 2013

Power CEO Plenary

Lawrence Makovich

Lawrence Makovich (Chair), VP & Senior Advisor for Global Power, IHS Anthony Earley, Chairman, CEO & President, PG&E Corporation James Rogers, Chairman, President & CEO, Duke Energy John Russell, President & CEO, CMS Energy Corporation and Consumers Energy Company

Luncheon Keynote Keynote Address

Gérard Mestrallet, Daniel Poneman, Chairman & CEO, US Deputy GDF Suez Secretary of Energy Power

Strategy Sessions Keynote Address Global Nuclear Outlook Rethinking the Energy Future What Future for Renewable Energy in an Age of Austerity and Unconventionals? Bill Gates, Chairman, Microsoft; Co-Chair, Bill & Melinda Gates Foundation The Future of Coal: Changing Global with Daniel Yergin Markets Electricity Demand and Efficiency: Filtering the Noise from the Signal An Expensive Decade: Financing Electric Power Infrastructure in the Decade Ahead Shale Gas: Changing the Power Game Power

Plenary — Evolving Power Market Rules and Institutions: US vs. Europe

Patty DiOrio (Chair), John Bear, President Walter Boltz, Tony Clark, Donna Nelson, Fabien Roques Director, North & CEO, MISO Executive Director, Commissioner, Chairman, Public (Chair), Senior American Power, E-Control Austria, Federal Energy Utility Commission Director, European IHS Vice Chair of ACER’s Regulatory of Texas Power and Carbon, Regulatory Board Commission (FERC) IHS

Plenary — Coping with Disruption: Lessons Sergej Mahnovski, Director of Energy Policy, New York City from Hurricane Sandy, Katrina, and Fukushima Office of the Mayor Deborah Caplan, COO, Florida Power & Light Company Hisanori Nei, Former Deputy Director General at the Nuclear and Industrial Safety Agency, Councilor at Cabinet Secretariat Daniel Poneman, US Deputy Secretary of Energy

Plenary — Power Engineering, Plant Equipment and Construction Jim Hughes, CEO, First Solar Deepak Khajouria, MD, Doosan Power Systems – North America Thomas Shelby, Executive Vice President, Kiewit Energy Group Lawrence Makovich (Chair), VP & Senior Advisor for Global Power, IHS 2013

Africa Energy Summit

Irene Muloni, Minister Haruna Masebu, Hirobumi Kawano, of Energy and Minerals Director General of the President, Japan Oil, Development, Uganda Energy and Water Utilities Gas and Metals National Regulatory Authority, Corporation (JOGMEC) Tanzania

S.K. Srivastava, Oil India Limited

Arsenio Mabote, Chairman, Abiye Membere, Nigerian Sola Oyinola, Instituto Nacional de National Petroleum Schlumberger Petroleo, Mozambique Corporation

Irene Muloni, Mike Daly, Executive Vice President, Exploration, BP

Abiye Membere, Irene Muloni, Yousef Yousfi 2013

Keynote — The Future of Competitiveness in a Globalized World

Frederick W. Smith, Chairman & CEO, FedEx Corporation

Michael Dolan, Senior Vice President, Exxon Mobil

Thirty Year View

Atul Arya (Chair), Climate Change and Energy Transition: Senior Vice President, The Long View Energy Insight, IHS IHS Forum — Energy & The Next 30 Years

General Michael Hayden, Keynote — Former Director of the Central Intelligence Agency, Cyber Threats: Former Director of the Fighting the Battle National Security Agency of the Future

Jerre Stead Executive Chairman, IHS

Daniel Yergin, IHS CERAWeek Chairman 2013 Global View Insights 2013

Energy Market Outlook: What will be the Surprises in 2013 — and Beyond?

James Burkhard, VP and Head of Oil Market Research & Scenarios, IHS Michael Stoppard, Managing Director, Research, IHS Lawrence Makovich, Vice President and Senior Advisor for Global Power, IHS Atul Arya (Chair), Senior Vice President, Energy Insight, IHS Xizhou Zhou, Director, China Energy, IHS Thane Gustafson, Senior Director, Russian and Caspian Energy, IHS John Larson, Vice President, Economic and Public Sector Consulting, IHS

Scott Key, CEO, IHS IHS World (Chair) Economic Outlook — 2013 and Beyond

Nariman Behravesh, Chief Economist, IHS (also in inset above) Nigel Gault, Chief US Economist, IHS Diego Iscaro, Senior Economist, Europe, IHS Alistair Thornton, Senior Economist, China, IHS Energy Insight Breakfasts & IHS Expert Briefings

Water and Unconventional Oil and Gas: Middle East: The New Convergence of Oil Emerging Best Practices, Technologies Politics, Energy and Investment and Regulation Energy Insight Breakfasts Africa Opens for Business: Opportunities The Big Crew Change: Demographic and Risks for Energy Investors Oil Expert Discussion Tables Transitions in the Oil and Gas Workforce Gas and Power at the Nexus of Discord Energy Innovation Pioneers IHS Expert Briefings in Central Asia North American Tight Oil: The Search for New Sources of World Transportation Oil Demand: Delivering on the Promise Energy Innovation Heading Towards a Peak? Canadian Oil Sands: At the Cross Roads? Latin America: A New Beginning? Cyber Threats: The War that is Being Waged Russian Oil at a Time of Change: Chasing Shadows: How Can Refining Tight Oil, Arctic Offshore, and New and Petrochemicals Catch Up with North America NGLs: Opportunities for Partnerships Changing Demand? Feedstock and Fuel Markets

Natural Gas Energy Insight Breakfasts Gas Expert Discussion Tables Energy Innovation Pioneers Upstream Competitive Landscape: What the Future Holds for INOCs and Service Companies Capturing the Economic Benefits of Energy Development in Africa South and Southeast Asia: New Challenges, New Opportunities Middle East Energy Investment Russian Upstream Strategy: Gas and Oil Producers Face a New Era

Asia Gas and Coal – Where Will We Be Power in 2025? Energy Insight Breakfasts Latin America Power: State participation in Latin America’s power sector – leading Power Expert Discussion Tables the way forward or a drag on expanding Energy Innovation Pioneers opportunities? Diversifying China’s Power North American Power – How will Generation Mix markets and technology choices respond to abundant natural gas? Emerging Solar Markets European Power — Is the Greening of Transmission and Distribution: European Power Under Threat? Transforming the Power Grid The Future of Middle East and North All Eyes on Texas: The Challenges of African Power Powering a Growing Economy North American Natural Gas: What to IHS Expert Briefings Expect? Operational Excellence and Sustainability: How are organizations integrating sustainability into operations? 2013 Sponsors & Partners 2013 by the Numbers

History Media Program IHS CERAWeek® is the energy industry’s 250 + members of the media attended IHS IHS CERAWeek® featured keynote preeminent gathering of industry leaders CERAWeek (a record number) including: addresses, plenaries, ministerial dialogues, and government officials, offering new The Wall Street Journal, CNBC Television, strategy sessions, energy insight breakfasts, ideas, insight, and discussions on The New York Times, Financial Times, and IHS expert briefings on a range of major strategic issues facing the global Bloomberg Television, Houston Chronicle, topics: energy industry. 2013 marked the 32nd Business Week, Forbes, Dow Jones, • World Economic Outlook anniversary for the annual executive Reuters, Associated Press, NHK Television, conference. Xinhua Television and Xinhu News Agency. • Technology Innovation • Geopolitics Delegates IHS CERAWeek 2013 generated 2,811 total media stories. • Prospects for a Global 2,800+ senior energy executives, Unconventional Revolution government officials and thought leaders • Cyber Threats from the energy, policy, technology, and Energy Innovation financial communities. Pioneers • License to Operate The Energy Innovation Pioneers program • Energy Development in Africa recognizes companies whose technologies Speakers • Energy Policy and Regulation and business plans, exemplify the following 220+ industry leaders, government officials criteria: invention and creativity, feasibility • Climate Change and Energy Transition and thought leaders. and timeliness, scalability and quality of • Coping with Disruption management team. IHS CERAWeek® 2013 recognized 21 pioneers. Past • Future of Competitiveness in a Energy Innovation pioneers have achieved Globalized World remarkable success including 6 who have gone on to IPO. Coverage

“The speakers list represents the world oil industry’s who’s who” — NBC News

“ The conference, described as ‘the Davos of energy,’ has always attracted a high-powered line-up of executives and policy makers to Houston.” — Financial Times

“The world’s preeminent energy conference” — CNBC

“Industry leaders gather in Houston for IHS CERAWeek energy conference” — Houston Chronicle

“The year’s preeminent energy gathering” — Wall Street Journal

“The oil and gas industry’s Super Bowl” — Politico

“One of the most important energy conferences in the world, IHS CERAWeek” — Bloomberg Television

“The biggest executives in energy are gathering for the 32nd annual IHS CERAWeek” — CNBC Television

250 + members of the media attended IHS CERAWeek (a record number) including: The Wall Street Journal, CNBC Television, The New York Times, Financial Times, Bloomberg Television, Houston Chronicle, Business Week, Forbes, Dow Jones, Reuters, Associated Press, NHK Television, Xinhua Television and Xinhu News Agency.

IHS CERAWeek 2013 generated 2,811 total media stories. 20142013

Date: For the latest For Information on For information on March 3-7, 2014 information on Executive Partnership & Program and Speakers Teams & Delegations: Sponsorship Place: go to: Contact: opportunities: Hilton Americas www.ceraweek.com Christina Butkiewicus Contact: Houston, Texas email: christina. Todd Szczebak [email protected] email: todd.szczebak@ phone: 617-914-0203 ihs.com phone: 303-858-6053 About www.ihs.com 2012

IHS is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs more than 6,000 people in more than 31 countries around the world.