Managing an Oil and Gas Company Through the Energy Transition: From Climate Science and Achieving Low Carbon Goals to Corporate Transformation Strategies

This program responds to the famous axiom that “The industry is constantly changing and if you do not keep up, you fall behind!” In the daily sessions, you and your peers will discuss the key challenges facing the petroleum industry today and develop strategies that you can use to respond to the changing energy industry landscape upon completion of the program.

The focus will be on strategies that can be adopted in both energy supply and demand to meet a low carbon future. You will also learn the aspirational goals that the various stakeholders, including governments, corporations, advocates, and energy supply companies have set and the actions they have and could still take to achieve these important goals. Discussion will center around the business schemes that oil and gas companies need to implement as they position themselves as critical players during this Energy Transition phase.

Additional information

Program Type

Location

,

Dates

June 22 – 26, 2026 (London), October 19 – 23, 2026 (Boston)

Code: GM_ETS_00-1

Price range: $5,750 through $7,440

Who Should Attend

This program is ideal for those managers and executives who wish to develop a strategic understanding of the evolving trends including energy transitions that are occurring today in the energy industry that could impact their organizations today and in the near future. The overarching objective is to allow you to return home with strategic “rational plan” objectives that you, your company and, perhaps, your government can adopt as part of the evolving energy trends and transitions.

Learning Format

  • The learning format consists of a combination of lectures by experienced industry practitioners, case studies, discussion sessions, and team participation in practical assignments.
  • Teams of participants will participate in designing a low-carbon energy development plan for a country that is undergoing rapid population and economic growth.
  • The teams will be asked to present their respective recommendations on the last day.

Program Content

Properties of Low Carbon Fuels

Properties of gases associated with Energy Transition: GHGs characteristics and their impact on global warming; CO2 properties and measurement of emissions, Life-Cycle Assessment process; hydrogen, ammonia, and their mixtures; methane and potential mixtures in gas distribution and power generation; with setting emission reduction standards and developing action plans to achieve aspirational goals. Reporting progress. Case studies and practical examples.

Overview of the Energy Transition and a Potential Pathway to Net-Zero by 2050

Summary of the impacts of GHGs on climate, history of energy demand, supply, and emissions through 2020, CO2 budgets and projections of energy demand, supply, and emissions through 2050 provided by the transition to renewable energy; other actions to reduce emissions including hydrogen and carbon capture and storage and an accelerated path to net-zero carbon by 2050.

GHG Protocol Standards, Measurement of Emissions and Achieving Decarbonization Plans

Greenhouse Gas Protocol Standards, Scope 1-3, Life Cycle Assessment process, carbon and methane accounting and mitigation options, preparing a cost-based decarbonization strategy, reporting progress. Case study examples of various companies.

Identifying Energy Submarkets and Discussion on Strategies to Reduce Their Carbon Footprint

Current energy demand and use of fossil fuels in submarkets of Transportation, Buildings, Manufacturing and Feedstock in various geographical regions.

Use of Renewal Electric Power to Satisfy Energy Demand Submarkets

Renewable and reliable electric power options to reduce carbon footprint; learning curves and the economics of power generation; potential reliability and support of battery storage; use of electricity to reduce fossil fuel usage in various regions of the world. Examples of renewable power projects that reduce fossil fuel usage.

Electrification, Power Supply, and the Growth of Renewables

Electricity demand will grow substantially through 2050. Coverage includes electricity supply projections by source, including model assumptions on levelized cost of generation and evolving technologies, will be provided for fossil fuels, nuclear, geothermal, biomass, solar and both onshore and offshore wind. Projections of electricity supply for both global and 10 geographical sub-regions will be included in the analysis.

Conservation Methods to Reduce Carbon Footprint

Catching the low hanging fruit: Examples that use conservation methods to reduce carbon footprint: replacing coal-fired with gas-fired power plants; mandating better building standards; using renewable power and natural gas in the manufacturing process, including cement.

Production and Use of Hydrogen and Ammonia for Power Generation

Benefits of hydrogen as a non-carbon fuel for power generation; green and blue options to manufacture hydrogen that make carbon-neutral; benefits for mixing hydrogen with ammonia as a fuel for power generation and other uses.

Carbon Capture and Storage or Utilization of CO2 (CCS and CCU)

Options for capturing and storing CO2 underground: technology, regulation, project fundamentals, economics, operations, practical examples. Government support to encourage early investment in projects. Use of CO2 for enhanced oil recovery projects. Plans to integrate CCS/CCUS with hydrogen and ammonia projects. Potential development schedule of CCS/CCUS on an international scale.

Impact of Energy Transition on Oil and Gas Production and Reserves Estimation

The potential role of synthetic and renewable petroleum products and their use as feedstock. Accounting for long-lived reserves. Projected future market of crude oil production by region, Potential curtailment of production. Short term and longer term strategic. Summary presentations on the strategies of oil & gas majors.

Setting Decarbonization Plans, Goals, and Reporting of Progress

Review of a selection of country, state and corporate decarbonization plans and review of their progress including several countries submission of Nationally Determined Contributions (NDCs) to the UN: one major oil company, one non-oil company, and one major state.

Competitive Advantage for Oil and Gas Companies in Alternate Energy

How to become more competitive in “new energy” areas? Integration of existing parts of the businesses, such as midstream and trading. Company management processes to optimize effectively across both hydrocarbon and low-carbon opportunities. Forming new low-carbon entities emerge as fully separate businesses with their own corporate leadership and balance sheets.

Changing Your Corporate Business Model: From an Oil & Gas to an Integrated Energy Provider

Developing a transformative strategic plan to become a broader-based energy company; Analyzing growth opportunities along the energy value chain; Examples of companies and the pathways that have or are transforming themselves into broader energy companies; Prepare a vision and mission statement, project and financing plan and identify those functions that will be terminated.

Along with the daily lectures, participants, working in teams will also be evaluating case studies and the business simulation assignments.

 

Project Simulation: Managing the Energy Transition of an Oil & Gas Company

You are managing oil and gas company today with undeveloped and developed oil & gas reserves in your country that will be available for 30 years and longer. Your affiliate is the national electricity company. Not only do you want to grow your business on a long-term basis, but you also want to participate in the campaign to achieve net-zero carbon and methane emissions as well as forming a sustainable low-carbon energy business for the future. What decisions would you make to reduce your carbon footprint and transform your company into a more resilient “future of energy” entity.