Opinion: In Houston, oil executives survey a changing industry and a brave new world

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In Houston, oil executives survey a changing industry and a brave new world

is part of the conversation. One chief executive officer from a B.C. copper mining company introduced himself on a panel as being in the energy sector, because the copper produced is vital to the world’s electrification ambitions. That was a first.

He wasn’t the only one. TotalEnergies CEO Patrick Pouyanné was equally critical of Europe’s approach. “Canada’s government, like other governments, needs to rethink what it’s doing in light of the power and impact the IRA will have,” he added. All of this needs to be seen in the context of the world’s energy security needs – and that’s where Mr. Yergin’s focus goes to the importance of liquefied natural gas with U.S. exports to Europe having become foundational to energy security on the continent.

 

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