Climate change and global warming are considered by many to be the biggest threats that humanity has faced. As such, the United Nations (UN) has set aordable and clean energy(Goal 7) and climate action (Goal 13) as two of its Sustainable Development Goals, which form part of the 2030 agenda for Sustainable Development.

Nearly 200 countries agreed to limit global warming to less than 1.5 degrees Celsius at the 2021 UN Climate Change Conference (COP26) in Glasgow. Most COP26 attendees indicated support for a strong push to reduce reliance on fossil fuels, and instead redirect investment to diversified and cleaner sources of energy. Meanwhile, many predict “peak oil” will occur during the coming decades. Clearly, the energy transition has begun and is likely to only accelerate.

The process of decarbonisation is not simple and is highly uncertain. Surges and plunges in energy supply and demand were witnessed over the last few years due to the COVID-19 pandemic and shifting geopolitics. Clean energy in E&P is now no longer a choice but an obligation. To this end, clean energy technologies, including carbon capture, utilisation, and storage (CCUS) and low-carbon hydrogen, are the new requirements for all oil and gas companies. Successfully meeting this significant set of challenges will require a strategy of partnership and collaboration among E&P companies. Innovation and technology are also needed today more than ever. The unique landscape of the energy transition demands a new type of leader, equipped with skills in collaboration, innovation, and adaptability.

Themed "Young Leaders’ Roadmap Towards Energy Transition and Beyond", the IPTC 2023 Emerging Leaders Workshop will be held on Thursday, 2 March 2023.