The Oilholic is delighted to be back in Abu Dhabi, UAE for GMIS 2024, being held here on December 5 as part of the inaugural Abu Dhabi Business Week. Yours truly will be hosting one fireside chat and one panel session at the event with distinguished industry thought leaders.  Please do join if you can for some fantastic and insightful industry dialogues. Here are the details of the sessions: Thursday, December 5, 2024 @ 12:30 GST Pioneering Resilience: Technology and Leadership in Industrial Safety With:  - Barbara Frei, Executive Vice President Industrial Automation, Schneider Elec ..read more

The last few weeks have brought range-bound volatility to the oil market with Brent futures oscillating between $70 and $75 per barrel.  For the Oilholic, the now not-so-new Brent price floor is at $70 that OPEC appears to be protecting, although the producers' group rarely publicly comments on oil prices.  In the face of subdued global, especially Chinese, demand growth, working to protect a price level rather than market share isn't quite working either.  Brent has seen a steady decline over the last six months to the end of the year from $85 down to $75 to ultimately encount ..read more

The first two days of ADIPEC 2024 in Abu Dhabi have whizzed by with one theme dominating proceedings - the deployment of AI as a service.  In whichever direction you look around the venue - ADNEC Centre - you can't miss signage flagging it.  At the opening ceremony on Monday, ADNOC's CEO and the UAE's Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber said the state-operated energy company will deploy autonomous AI for the very first time and called on his peers to embrace it too for the benefit of the wider energy industry. ADNOC's move - dubbed Energy^AI or 'energy ..read more

With ADIPEC 2024 drawing to a close on November 7, the Oilholic capped a fascinating and engaging week out in Abu Dhabi by hosting four pivotal industry panel sessions at the event on subjects ranging from climate finance to hydrogen markets in Asia. Yours truly also hit the airwaves to discuss the wider energy market, impact of the US elections, an incoming Donald Trump administration and the various developments at ADIPEC 2024 which attracted over 200,000 people this year.  These included broadcasting calls with the BBC, WION, Energy Connects and more, with this blogger's week also pep ..read more

Over the course of Wednesday and Thursday - days III & IV - of ADIPEC 2024 that put us on the home stretch towards the conclusion of global event, many of the conversations turned to collaborative transformation of the energy mix.  A blend of human ingenuity, finance and technology, with conducive inter-governmental policies would go a long way.  Hence, event participants got to grips with how to make it happen along with some tangible examples of private investments, public-private partnerships and international collaboration.  Familiar industry subjects were also under th ..read more

The Oilholic is delighted to be back in Abu Dhabi, UAE for ADIPEC 2024, the world's largest energy conference and exhibition of its kind, being held here from November 4 to 7. Yours truly will be holding four panel sessions at the event with distinguished industry thought leaders.  Please do join if you can for some fantastic and insightful industry dialogues. Here are the details of the sessions: Monday, November 4, 2024 @ 15:30 GST Climate finance: the role of the energy and finance sectors With: - Lina Osman, Managing Director & Head, Sustainable Finance - Africa and MENAP, Standar ..read more

Delighted to announce that yours truly will be moderating and speaking at ADIPEC 2024 - the world's largest energy conference and exhibition - in Abu Dhabi, UAE, from November 4 to 7. Explore the event's program touching on critical energy issues, latest technological developments, and energy transition through groundbreaking innovation, visionary leadership and action here. And more on the Oilholic's panels and sessions here.  Looking forward to the deliberations, meeting thought leaders, fellow industry professionals and colleagues. Join, if you can, for some fantastic indust ..read more

For the second successive session this week oil prices have slid further and faster. After Monday's declines of over 2%, Tuesday has logged fresh intraday drops of as high as 5%.  At the time of writing this post, The Oilholic noted that Brent and WTI front month futures contracts had breached their respective $74 and $70 per barrel floors. Headwinds are in fact gathering momentum and yet lower prices may follow.  Over the weekend, China's promised economic stimulus underwhelmed the market with its vagueness. Then came a revelation that OPEC - deemed the most bullish of the c ..read more

The last few weeks have been relentless in terms of geopolitical developments and their impact on the oil market - albeit a somewhat oversupplied one with plenty of barrels to more than meet global demand.  From the lows of September last seen in December 2021, the Brent front-month contract has ended the current trading week posting its highest weekly rise in almost two years. The reason is a bit more complicated than yet another escalation of tensions in the Middle East. On Tuesday, Iran hit Israel with a barrage of ballistic missiles in response to its "aggressive acts," including t ..read more

With Gastech 2024 drawing to a close on September 20, the Oilholic capped a fascinating and engaging week in Houston by hosting two pivotal industry fireside chats with H.E. Hardeep Singh Puri, Minister of Petroleum & Natural Gas, India and Chris Ashton, CEO of Worley. And it was wonderful moderating multiple panel sessions on subjects ranging from harnessing the potential of natural gas for powering AI to solutions for the decarbonization of the global transport complex and climatetech finance. Yours truly also hit the airwaves to discuss the energy market and developments at the confere ..read more