Around 12 international oil companies including BP, Total, Eni as well as policy makers and experts are expected to be in Abu Dhabi for the World Energy Congress next week. We take a look at this addition to the UAE capital's energy calendar and what to expect.
What is the World Energy Congress?
The World Energy Congress is a triennial event organised by the London-based World Energy Council, which will take place in the Arabian Gulf for the first time from September 9 to 12, and is expected to draw a crowd of investors and thought leaders. The last such congress took place in Istanbul, Turkey in 2016.
Will it be focussed on oil?
No, the Congress is set to look into a future beyond hydrocarbons, and will explore themes in sustainability, notably renewables, nuclear and even electric vehicles.
What makes the Congress unique?
The Congress, which took place for the first time in 1924 in London has been associated with several distinguished contributors to the modern world’s energy industry, most notably Albert Einstein, who spoke at the summit in Berlin in 1930.
How many are expected to attend?
Around 15,000 people are expected to attend this year's Congress, including 70 ministers and 500 chief executives from 150 countries. Opec as well as non-member producers led by Russia are also set to meet for a technical committee meeting towards the end of the four-day event on September 12.
What are some of the key highlights?
Day one will also open with ministerial speakers including the UAE energy minister Suhail Al Mazrouei, Saudi Arabia’s state minister of energy affairs Abdulaziz bin Salman Al Saud as well as UAE state minister and head of Abu Dhabi National Oil Company, Dr Sultan Al Jaber.
Heads of Total and Eni, Patrick Pouyanne and Claudio Descalzi, both major upstream players with an interest in adopting more sustainable energy are also set to talk about their pivot.
Where is the Congress headed next?
Moscow. The four-day event will wrap up with concluding remarks from Russian energy minister Alexander Novak, whose country will host the next edition of the congress in 2022.
If you go
The flights
The closest international airport for those travelling from the UAE is Denver, Colorado. British Airways (www.ba.com) flies from the UAE via London from Dh3,700 return, including taxes. From there, transfers can be arranged to the ranch or it’s a seven-hour drive. Alternatively, take an internal flight to the counties of Cody, Casper, or Billings
The stay
Red Reflet offers a series of packages, with prices varying depending on season. All meals and activities are included, with prices starting from US$2,218 (Dh7,150) per person for a minimum stay of three nights, including taxes. For more information, visit red-reflet-ranch.net.
Sheer grandeur
The Owo building is 14 storeys high, seven of which are below ground, with the 30,000 square feet of amenities located subterranean, including a 16-seat private cinema, seven lounges, a gym, games room, treatment suites and bicycle storage.
A clear distinction between the residences and the Raffles hotel with the amenities operated separately.
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Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
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UAE currency: the story behind the money in your pockets
MATCH INFO
CAF Champions League semi-finals first-leg fixtures
Tuesday:
Primeiro Agosto (ANG) v Esperance (TUN) (8pm UAE)
Al Ahly (EGY) v Entente Setif (ALG) (11PM)
Second legs:
October 23
Like a Fading Shadow
Antonio Muñoz Molina
Translated from the Spanish by Camilo A. Ramirez
Tuskar Rock Press (pp. 310)
THE BIO
Favourite author - Paulo Coelho
Favourite holiday destination - Cuba
New York Times or Jordan Times? NYT is a school and JT was my practice field
Role model - My Grandfather
Dream interviewee - Che Guevara