Industry leaders debate at the 19th WPC. With many of the remaining resources located in inhospitable areas or far below the sea floor, access to new reserves is becoming increasingly difficult and cost intensive.
The IEA estimates that meeting global energy demands will require investing $1 trillion by 2030.
Discussants include executive vice president of Chevron Corporation John S. Watson and Petrobras' CEO Jose Sergio Gabrielli de Azevedo. The high level session is chaired by H.E. Shri M. S. Srinivasan, Secretary of the Ministry of Petroleum and Natural Gas, India.
Jose Sergio Gabrielli de Azevedo
Jose Sergio Gabrielli de Azevedo born in Salvador (Bahia) - PhD in Economics from Boston University.
He held the posts of Financial Director and Director of Investor Relations at Petrobras from February 1, 2003 to July 21, 2005, with responsibility for the Executive Management of Accounting, Finance, Project Finance, Investor Relations, Financial Planning and Tax Administration.
On July 22, 2005 he took the post of Petrobras' CEO, for which he was designated by the Administrative Council. He was also elected as a member of the Executive Board of Petrobras Distribuidora-BR, for the same period.
He is President of the Executive Board of Petrobras Transporte S.A. – TRANSPETRO, Petrobras Quimica S.A. – PETROQUISA and Petrobras Gas S.A. -- GASPETRO.
H.E. Shri M. S. Srinivasan
Shri Srinivasan is Secretary of the Ministry of Petroleum and Natural Gas, India.
John S. Watson is executive vice president of Chevron Corporation. He is responsible for business development, mergers and acquisitions, strategic planning and the Project Resources Company, which supports the development of major capital projects within Chevron.
Watson assumed his current position January 1, 2008. Previously, he was president of Chevron International Exploration and Production, responsible for managing Chevron's exploration and production activities outside North America, a position he held since January 2005.