15th IEA-IEF-OPEC Symposium on Energy Outlooks

The 15^th IEA-IEF-OPEC Symposium on Energy Outlooks convened in Riyadh, Saudi Arabia on 19 February 2025.

Under the patronage of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Minister of Energy of Saudi Arabia, the annual Joint Symposium on Energy Outlooks, has become a distinctive flagship event in the IEF producer-consumer dialogue. The 15th Session was co-hosted by Jassim Alshirawi, Secretary General of the International Energy Forum; Haitham Al Ghais, Secretary General of the Organization of the Petroleum Exporting Countries and Keisuke Sadamori, Director, Energy Markets and Security of the International Energy Agency. Mohamed Hamel, Secretary General of the Gas Exporting Countries Forum and Francesco La Camera, Director of the International Renewable Energy Agency attended as invited guests, alongside other key government and industry thought leaders from IEF member countries.

With geoeconomic shifts, market volatility and a widening gap between different energy scenarios, dialogue on energy outlooks, policy and market signals is more important than ever. Produced to improve predictability and boost investor confidence, these outlooks benefit from more inclusive dialogue to enable collaborative and well-balanced approaches to global energy sector transformations.

The Symposium sessions were further informed by the IEF Outlooks Comparison Report, which allows stakeholders to decode the global energy futures outlook scenarios envision and better evaluate findings against real world market fundamentals, technology advances and international policy dynamics.

The symposium was structured into four key sessions:

1. Managing Change and Geoeconomic Shifts: Welcome and scene setting remarks by the host, co-hosts, and guest organizations.
2. Key Outlook and Comparative Analysis Findings: Presentation of the key findings of the IEA, OPEC and EIA Outlooks, and the IEF Comparative Analysis Report.
3. Energy Transition Implications in the Medium-Term: Panelists views on key medium-term trends and the opportunities and risks of orderly or disjointed transitions.
4. Clean Disruptions and Co-Dependencies to Achieve Shared Goals: Panelists views on long-term scenarios and discussion on how producers and consumers can best balance the disruptive aspects of energy transitions with the co-dependencies they share.

The annual IEA-IEF-OPEC Symposium on Energy Outlooks is part of a wider joint program of work agreed upon by the three organizations and endorsed by Energy Ministers at the 12th International Energy Forum (Cancún, March 2010) as part of the Cancún Declaration.

Speakers

Welcome and Scene Setting by Partner Organizations and Invited Guests

• 

  Jassim Al Shirawi
  Secretary General, IEF

• 

  Haitham Al Ghais
  Secretary General, OPEC

• 

  Keisuke Sadamori
  Director, Energy Markets and Security, IEA

Invited Guests

• 

  Mohamed Hamel
  Secretary General, GECF

• 

  Francesco La Camera
  Director General, IRENA

Session I: IEA and OPEC Energy Outlooks Comparison

• 

  Jassim Al Shirawi
  Secretary General, IEF

• 

  Ayed Al-Qahtani
  Director, Research Division, OPEC

• 

  Rebecca Schulz
  Senior Oil Markets Analyst, Oil Industry and Markets Division, IEA

• 

  Christof van Agt Ross
  Director of Dialogue, IEF

Session II: Energy Transition Implications in the Medium Term

• 

  Robert McNally
  Founder and President, Rapidan Energy Group

• 

  Amrita Sen
  Founder and Director of Market Intelligence, Energy Aspects

• 

  Helen Currie
  Chief Economist, ConocoPhillips Company

• 

  Hari Dattatreya
  Senior Vice President Energy Markets & Asset Transition, Vopak

• 

  Yao Li
  CEO, SIA Energy

Ministerial and CEO Session

Chair

• 

  HRH Prince Abdulaziz bin Salman Al Saud
  Minister of Energy, Saudi Arabia

Speakers

• 

  Tommy Joyce
  Acting Assistant Secretary for International Affairs, U.S. Department of Energy

• 

  Mohamed Al Rumhi
  Former Minister of Energy and Minerals, Sultanate of Oman, Executive Chairman, Prime Energy

• 

  George Thomas
  Deputy Secretary, International Cooperation, Ministry of Petroleum and Natural Gas, India

• 

  Bjørn Otto Sverdrup
  Chair of the Executive Committee, OGCI

• 

  Zongyi Xin
  VP, and President of Eurasia Regional Headquarters, China Energy International Group

• 

  NJ Ayuk
  Executive Chairman, African Energy Chamber

• 

  Charif Souki
  Founder, Cheniere and Tellurian

• 

  Cosmin Ghita
  CEO, Nuclearelectrica

Session III: Long Term Perspectives

• 

  Helima Croft
  Global Head of Commodity Strategy, RBC Capital Markets

• 

  Hesham Tashkandi
  CEO, ACWA Power, Saudi Arabia

• 

  Peter Wood
  Chief Energy Adviser, Shell

• 

  Lee Beck
  Senior Vice President, Global Policy and Commercial Strategy, HIF Global

• 

  Per Arne Solend
  Vice President Energy Transition and M&A Leadership, Equinor

• 

  Ken Koyama
  Managing Director, Chief Economist, Strategy Research Unit, IEEJ

• 

  Joel Couse
  Special Advisor, Strategy & Markets, TotalEnergies

Closing Remarks

• 

  Jassim Al Shirawi
  Secretary General, IEF

• 

  Haitham Al Ghais
  Secretary General, OPEC

• 

  Keisuke Sadamori
  Director, Energy Markets and Security, IEA

IEF Outlooks Comparison Report

Speaker Presentations

Session 1: IEA and OPEC Energy Outlooks Comparison

• Ayed Al Qahtani
  Director, Research Division, OPEC
• Rebecca Schulz
  Senior Oil Markets Analyst, Oil Industry and Markets Division, IEA
• Christof van Agt Ross
  Director of Dialogue, IEF

Session 2: Energy Transition Implications in the Medium Term

• Robert McNally
  Founder and President, Rapidan Energy Group
• Amrita Sen
  Founder and Director of Market Intelligence, Energy Aspects
• Hari Dattatreya
  Senior Vice President Energy Markets & Asset Transition, Vopak

Session 3: Long Term Perspectives

• Peter Wood
  Chief Energy Adviser, Shell
• Ken Koyama
  Managing Director, Chief Economist, Strategy Research Unit, IEEJ
• Joel Couse
  Special Advisor, Strategy & Markets, TotalEnergies

Video Gallery

Highlights

Interviews

Key Documents

• Agenda
• IEF Outlooks Comparison Report