2023 IEF | GARP Global Energy Risk Forum

Energy Security and Transition in the New Risk Environment

June 6-7, 2023 | Paris, France

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Overview

The International Energy Forum (IEF) and Global Association of Risk Professionals (GARP) will convene the IEF | GARP Global Energy Risk Forum June 6-7, 2023 in Paris, France. The Forum invites senior energy and climate risk managers from government, industry, and research centers to deepen insight on the themes explored in the virtual sessions IEF and GARP hosted during the pandemic. 

Note: This is an invitation-only event. If you've received an invitation at this time, please RSVP.

International collaboration successfully absorbed the demand shock that lockdowns dealt to world markets, and advanced global consensus on climate solutions. But a robust return of energy demand during the recovery and sustained weakening of oil and gas investment incentives steadily increases volatility, energy and commodity prices. As markets tighten, Russia’s invasion of Ukraine and the impact of sanctions on physical and financial interactions see prices spike and inflation soar. 

Though demand has returned to pre-pandemic levels the energy landscape has changed and casts supply-side and macroeconomic risks in sharp relief. This presents producers and consumers with new challenges for which a range of policy and risk management solutions to energy security and sustainability questions are being reevaluated and updated. To safeguard an inclusive global economic recovery and allow just and orderly energy transitions to succeed, these will be addressed in the following sessions:

  1. Transformative Trends in Energy Supply and Demand
  2. Responsible Environmental, Social, and Governance
  3. Evolving Physical-Financial Energy Market Interactions

Click here to view last years IEF | GARP program on the IEF page.

Details

June 7, 2023
9:00 AM - 4:00 PM

In-Person

Paris Marriott Champs-Élysées Hotel
70 Av. des Champs-Élysées75008 Paris, France

Registration Closed

Contact

Questions can be directed to GARP Events at events@garp.com.

Agenda

*Date and Time noted as

June 6, 2023

7:00 PM - 10:00 PM

Welcome Dinner

June 7, 2023

9:00 AM - 9:15 AM

Welcome and Scene Setting

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Speakers

Joseph McMonigle, Secretary General, International Energy Forum

9:15 AM - 10:30 AM

Keynote: Protecting Energy Security and Managing the Transition

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Speakers

Khaled Al-Deyain, Assistant Undersecretary for Technical Affairs, Ministry of Oil, Kuwait

Jean-Pascal Clémençon, Senior Vice President, Strategy and Markets, TotalEnergies

Harry Kaiman, Principal Deputy Assistant Secretary, Bureau of Energy Resources, US Department of State

10:30 AM - 12:00 PM

Socially Responsible Business Practices and ESG

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Potential discussion topics:

  • ESG-related data is incomplete, lacks standardization and historical insight, and is not always transparent and available, how should the industry address these challenges?
  • What should be the role of ESG in the energy sector? Does ESG present value-added opportunities?
  • What role should ESG play in an energy firm’s long-term value creation strategies to investors and other stakeholders? 
  • Would an ESG best practices document be possible and useful for the global energy industry? 
  • Should the energy industry develop a standardized framework and standards to address the challenges around clarity, consistency, and comparability for reporting ESG metrics? 
  • Should sustainability-related factors be audited and transparently reported?

Speakers

Felipe Bayón, Independent Adviser, Former President, and CEO, Ecopetrol

Aude Filippi, Director, Business Development Gas & Sustainability Markets, European Energy Exchange

Christyan Malek, Managing Director, Global Energy, J.P. Morgan

Moderator

Dr. Carole Nakhle, Founder and Chief Executive Officer, Crystol Energy

12:00 PM - 1:30 PM

Luncheon

1:30 PM - 3:00 PM

Transformative Trends in Energy Supply and Demand

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Potential discussion topics:

  • Digitalization improves the safety, productivity, accessibility and sustainability of energy systems, but raises security and privacy risks, disrupts markets, businesses and workers. How can we model its effects and ensure its impact is positive, efficient and safe?
  • Are this year’s warmer weather trends and a robust global natural gas market providing a false sense of security?
  • Follow the oil demand story. With an increase in demand in all forms of energy, what role can emerging markets play in meeting these demands?
  • How do we balance rapidly increasing technology, social and capital demands with the desire for a quick energy transition? 
  • How do we address and prioritize infrastructure needs in the short and long term given the costs, lack of investment, delayed supply maintenance and continued supply chain issues?

Speakers

Yousef Alshammari, PHD FEI, CEO & Head of Oil Research CMarkits. Honorary Senior Research Fellow, Imperial College London

NJ Ayuk, Executive Chairman, African Energy Chamber

Marc-Antoine Eyl-Mazzega, Director, Centre for Energy and Climate, French Institute of International Relations (IFRI)

Moderator

Cornelia Meyer, Chairman and CEO, MRL Corporation, and Chairman and Chief Economist, LBV Asset Management

3:00 PM - 3:15 PM

Networking Break

3:15 PM - 4:45 PM

Next Steps on Managing Risk, Stability, and Transition Strategy

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Potential discussion topics:

  • Given today’s volatile oil markets, uncertain and inconsistent government energy policies, a rapid increase in energy demand, and an uncertain energy transition, are current financial instruments and financing vehicles sufficient?
  • What measures can be taken to deal with grid resilience, reliability, and redundancy of fuel sources and to better ensure the affordability of energy globally?
  • Infrastructure development is imperative to advancing societies and meeting energy demand. What backstop measures should the public sector put into place, especially for emerging economies, to deal with the risks of financing these developments? 

Speakers

Sobhet Karbuz, Director, Hydrocarbons and Energy Security Division, Mediterranean Observatory for Energy (OME)

Tatiana Mitrova, Research Fellow, Center on Global Energy Policy

Ludmila Tones, Director, Communication, Sustainability and Investors Relations, Nuclearelectrica

Moderator

Shah Karim, CEO, SafeRock, Innovation Fellow Columbia Business School

4:45 PM - 5:00 PM

Concluding Remarks

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Speakers

Richard Apostolik, President and CEO, GARP

Speakers/Moderators

Khaled Al-Deyain

Khaled Al-Deyain
Assistant Undersecretary for Technical Affairs, Ministry of Oil, Kuwait

Yousef Alshammari

Yousef Alshammari
PHD FEI, CEO & Head of Oil Research CMarkits. Honorary Senior Research Fellow, Imperial College London

Richard Apostolik

Richard Apostolik
President and CEO, GARP

NJ Ayuk

NJ Ayuk
Executive Chairman, African Energy Chamber

Felipe Bayón

Felipe Bayón
Independent Adviser, Former President, and CEO, Ecopetrol

Jean-Pascal Clémençon

Jean-Pascal Clémençon
Senior Vice President, Strategy and Markets, TotalEnergies

Marc-Antoine Eyl-Mazzega

Marc-Antoine Eyl-Mazzega
Director, Centre for Energy and Climate, French Institute of International Relations (IFRI)

Aude Filippi

Aude Filippi
Director, Business Development Gas & Sustainability Markets, European Energy Exchange

Harry Kaiman

Harry Kaiman
Principal Deputy Assistant Secretary, Bureau of Energy Resources, US Department of State

Sobhet Karbuz

Sobhet Karbuz
Director, Hydrocarbons and Energy Security Division, Mediterranean Observatory for Energy (OME)

Shah Karim

Shah Karim
CEO, SafeRock, Innovation Fellow Columbia Business School

Christyan Malek

Christyan Malek
Managing Director, Global Energy, J.P. Morgan

Joseph McMonigle

Joseph McMonigle
Secretary General, International Energy Forum

Cornelia Meyer

Cornelia Meyer
Chairman and CEO, MRL Corporation, and Chairman and Chief Economist, LBV Asset Management

Tatiana Mitrova

Tatiana Mitrova
Research Fellow, Center on Global Energy Policy

Dr. Carole Nakhle

Dr. Carole Nakhle
Founder and Chief Executive Officer, Crystol Energy

Ludmila Tones

Ludmila Tones
Director, Communication, Sustainability and Investors Relations, Nuclearelectrica

Steering Committee

Richard Apostolik

Richard Apostolik
President and CEO, GARP

Earl Burns, Jr.

Earl Burns, Jr.
Senior Director, Renewable Distillates, PBF Energy

Paul Cusenza

Paul Cusenza
Chairman & CEO, Nodal Exchange

Beth Gould Creller

Beth Gould Creller
SVP, Sustainability and Climate Risk (SCR) Program, GARP

Dr. Vincent Kaminski

Dr. Vincent Kaminski
Chairman, Professor, Practice of Energy Management, Rice University

Novera Khan

Novera Khan
Chief Risk Officer, NRG Energy

Joseph McMonigle

Joseph McMonigle
Secretary General, IEF

Ed Morse

Ed Morse
Global Head of Commodity Research, Citi

Carole Nakhle

Carole Nakhle
CEO, Crystol Energy

David Port

David Port
Chief Risk Officer, Roscommon Analytics LLC

Christof van Agt Ross

Christof van Agt Ross
Director, Energy Dialogue, IEF

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