Fossil Fuel Giants Face Lofty Net-zero Goals

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Net-zero targets in the energy-rich Persian Gulf region.

While five countries of the region including Saudi Arabia and the UAE look towards hitting net-zero goals by 2050, they have not deterred from ramping up their oil and gas capacities. Could this be a potential hindrance preventing the regional energy transition leaders from achieving their green credentials?

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Meet the member. 1. What role do you play or what is your involvement within the team LIVE? I lead our dynamic Ecosystem Marketing team, which is dedicated to positioning us within the right communities to boost visibility, engage with market participants, and ultimately, cultivate both current and future customers. Our mission involves crafting various co-marketing engagement and community growth programs in collaboration with our expanding partner network, including channels, exchanges, strategic partners, influential associations, and our growing digital community on LIVE. Our focus on nurturing a vibrant ecosystem within our sphere is pivotal to our long-term success. 2. Among the elements of LIVE, which one is your favorite and what makes it stand out to you? Conferences on LIVE is one of my personal favorite areas. The synergy between LIVE and events is undeniable—they both revolve around connection, content, and community. Conferences on LIVE provide an ever-present platform for ongoing conversations with our event communities, acting as the glue that binds our key event moments, from Aluminum Symposium to GEA. I'm particularly excited to witness the evolution of this space over time. 3. As we strive towards the goals set for Paris 2050, which future energy development do you perceive as the potential saving grace, and what factors contribute to your belief? Carbon intensity measurement is a key factor in navigating the journey towards cleaner energy systems and achieving the objectives outlined in the Paris Agreement for me. Serving as a GPS for emissions, it illuminates the areas of greatest impact, empowering stakeholders to set smarter goals for emission reduction. This data enables policymakers and businesses to allocate resources effectively, while also shedding light on the environmental impact of different energy sources. With ongoing monitoring, we can stay on course with our emission goals and adjust strategies as needed. Moreover, carbon intensity measurement supports carbon markets, incentivizing cleaner technologies and practices. In essence, carbon intensity measurement serves as the linchpin for realizing the Paris Agreement's objectives, providing insights that drive progress towards a cleaner, greener future. 4. Within your community, what is the trending “hot topic” in discussions or conversations? Undoubtedly, the buzz around CERAWeek 2024 dominates discussions within our community. Bringing together top minds and industry giants, this event serves as a hub for discussing, debating, and collaborating on the most critical issues shaping the future of energy. The excitement surrounding CERAWeek 2024 is palpable and has become the talk of the town. 5. What energy development makes you most excited for the future? While not the most obvious choice, I'm particularly enthusiastic about the impact of derived data for commodity markets using cloud technology. AI gets the limelight, but this advancement presents a range of opportunities for the markets we serve. From making data more accessible and handling big data seamlessly to enabling smarter predictions and bolstering risk management, the potential of derived data with cloud tech is immense. Additionally, the integration of machine learning and AI promises valuable insights, fostering increased transparency and efficiency. Cloud technology's cost-effectiveness for smaller players and resilience further enhance its appeal. Ultimately, I believe that unlocking derived data with cloud tech will revolutionize operations and decision-making in commodity markets, paving the way for a more efficient and resilient future. Daniel Lawson Marketing

Thought Leadership

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Thought Leadership

The return of energy security

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Thought Leadership

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