Past event


The Changing Dynamics of Global Energy Markets

Policy, Investment and Technology

4 Nov 2013 - 09:30 to 5 Nov 2013 - 13:15

Chatham House, London

Global energy markets are changing. Demand for energy resources is increasingly led by growth economies in Asia, unconventional oil and gas production continues to rewrite market forecasts and new production frontiers are emerging. Recent years have also witnessed disruptive events with repercussions for energy policies and prices.

This conference assesses the extent of new energy realities, exploring production, demand, policy and technology undercurrents reshaping global energy markets.

  • Geopolitical implications of oil and gas production, supply and demand forecasts

  • Energy policies, decarbonisation, power investment and the fuel mix

  • Unconventional production and evolving market relationships

  • Developments and opportunities in frontier producer regions

  • Technological innovation and future demand for fossil fuels





  • Kevin Anderson

    • Professor of Energy and Climate Change
  • William Blyth

    • Associate Fellow, Energy, Environment and Resources
  • Dan Byles MP

    • Chair, All-Party Parliamentary Group on Unconventional Oil and Gas and
  • Ben Caldecott

    • Director, Stranded Assets Programme
  • Ron Cameron

    • Head, Nuclear Development Division
  • Beatrice Coda

    • Senior Policy Officer
  • John Fiennes

    • Director, Energy Strategy, Networks and Markets
  • Antony Froggatt

    • Senior Research Fellow, Energy, Environment and Resources
  • Martin Grant

    • Chief Executive Officer, Energy Business
  • Thomas Helbling

    • Division Chief, World Economic Studies Division
  • Vanessa Herringshaw

    • Program Director
  • Tom Howes

    • Deputy Head of Unit, Energy Policy and
  • Kathryn Klaber

    • Immediate Past Chief Executive Officer
  • Glada Lahn

    • Research Fellow, Energy, Environment and Resources
  • Jon Marks

    • Editor, African Energy and
  • Harriet Mathews

    • Head of East and West Africa Department
  • Chris Midgley

    • Head of Oil Markets Analysis
  • John Mitchell

    • Associate Fellow, Energy, Environment and Resources
  • Will Pearson

    • Director, Global Energy and Natural Resources
  • Marcus Richards

    • Group Chief Executive
  • Dr Andreas W Schäfer

    • Chair in Energy and Transport, UCL Energy Institute
  • Jim Skea

    • Professor of Sustainable Energy
  • Geoffrey Spence

    • Chief Executive, Infrastructure UK
  • Professor Paul Stevens

    • Distinguished Fellow, Energy, Environment and Resources
  • Rupen Tanna

    • Head of Global Commodities
  • Laszlo Varro

    • Head of Gas, Coal and Power Division
  • Graham Weale

    • Chief Economist
  • Markus Weimer

    • Senior Analyst, Africa, Global Risk Analysis
  • Professor Xu Xiaojie

    • Chief Fellow in World Energy, Institute of World Economics and Politics

This conference will be held under the Chatham House Rule. Information for journalists
Press can request a press pass using the form below.

 Dana Petroleum logo

 FCO logo


 Shell logo

African Energy logo

Earthscan logo

Ends Europe logo


Energy Intelligence logo

Eurasia Energy Observer

GSN logo

Interfax logo

Menas Associates logo

Natural Gas for Europe logo

NewsBase logo


OGEL logo

Thomson Reuters logo


World Oils logo


Chatham House

Telephone: +44 (0)20 7957 5729
Fax: +44 (0)20 7957 5710

If you wish to book the venue for your event please phone +44 (0)20 7314 2764

Conference Unit
Chatham House
10 St James's Square

Chatham House Location Map


Although we cannot book accommodation for delegates, we have arranged a reduced rate at some nearby hotels, where you can book your own accommodation. Please inform the hotel that you will be attending a conference at Chatham House (The Royal Institute of International Affairs) to qualify for the Institute's reduced rate.

Please note all rates are subject to availability.

Flemings Mayfair
Half Moon Street
London W1Y 7RA
Tel: + 44 (0)20 7499 2964
Fax: + 44 (0)20 7499 1817
Standard Single £190 + VAT

The Cavendish London
81 Jermyn Street
Tel: + 44 (0)20 7930 2111
Fax: + 44 (0)20 7839 2125
Standard Single £205 + VAT
To book The Cavendish online

The Stafford London by Kempinski
St James's Place
Tel: 020 7518 1125
Fax: 020 7493 7121
Standard Single £230 +VAT


Monday 4 November

Session One
The Geopolitics of New Energy Realities
09:00 - 11:00

  • How will trends in oil and gas production reshape energy relationships in the next decade?
  • How is the shift in oil demand to industrializing economies affecting market structures and investment?
  • How is the comparative competitiveness of energy consumer countries being rebalanced?
  • What are the implications of increasing US oil production for global supply security?

Professor Paul Stevens, Distinguished Fellow, Energy, Environment and Resources, Chatham House

Tom Howes, Deputy Head of Unit, Energy Policy and Monitoring of Electricity, Gas, Coal and Oil Markets, European Commission

Marcus Richards, Group Chief Executive, Dana Petroleum

John Mitchell, Associate Fellow, Energy, Environment and Resources, Chatham House

Chris Midgley, Head of Oil Markets Analysis, Shell

Questions and Discussion

10:50 - 11:30 Refreshments

Session Two   
Energy Governance: The Role of Policy and Market Actors
11:30 - 12:45

  • How can policymakers balance competing goals in order to deliver affordable and reliable low carbon energy?

  • What are the risks posed by EU energy policies for European power supplies? How are they affecting the strategic decisions of multinational utility companies?

  • How can China meet increasing energy demand and deliver on its long-term emissions reduction goals?


Antony Froggatt, Senior Research Fellow, Energy, Environment and Resources, Chatham House

John Fiennes, Director, Energy Strategy, Networks and Markets, Department of Energy and Climate Change

Graham Weale, Chief Economist, RWE

Laszlo Varro, Head of Gas, Coal and Power Division, International Energy Agency

Questions and Discussion

12:45 - 13:45 Lunch

Moderated panel discussion
13:45 - 15:00

  • Where are the funding gaps for energy infrastructure projects? How can these be overcome?

  • How will the power fuel mix change as the EU aims to achieve emissions reduction goals?

  • What are the prospects for a nuclear energy revival in large industrial nations? Is nuclear energy necessary in order to meet carbon reduction goals?


William Blyth, Associate Fellow, Energy, Environment and Resources, Chatham House

Geoffrey Spence, Chief Executive, Infrastructure UK, HM Treasury

Rupen Tanna, Head of Global Commodities, Bank of America Merrill Lynch

Laszlo Varro, Head of Gas, Coal and Power Division, International Energy Agency

Ron Cameron, Head, Nuclear Development Division, OECD Nuclear Energy Agency

15:00 - 15:30 Refreshments

Session Three
Rethinking Energy: The Impact of Unconventional Production
15:00 - 17:15

  • How will unconventional oil and gas continue to reshape global energy relationships?

  • What are the longer-term price effects of unconventional production as more countries seek to develop their resources?

  • To what extent can barriers to developing shale gas in the UK be overcome?

  • What are the policy and market conditions for unconventional oil and gas in China?

  • How can climate change goals be met in an era of accelerated fossil fuel production?


Will Pearson, Director, Global Energy and Natural Resources Practice, Eurasia Group

Kathryn Klaber, Immediate Past Chief Executive Officer, Marcellus Shale Coalition

Thomas Helbling, Division Chief, World Economic Studies Division, International Monetary Fund

Dan Byles MP, Chair, All-Party Parliamentary Group on Unconventional Oil and Gas and Member, Select Committee on Energy and Climate Change

Professor Xu Xiaojie, Chief Fellow in World Energy, Institute of World Economics and Politics, Chinese Academy of Social Sciences

Kevin Anderson, Professor of Energy and Climate Change, Tyndall Centre for Climate Change Research

Questions and Discussion

17:15 End of day one and reception hosted by Chatham House


Tuesday 5 November

Session Four
Expanding Energy Frontiers
09:30 – 10:30

  • How can oil and gas developments in East Africa contribute to long-term global energy security?

  • To what extent can regulation on revenue transparency be improved to deliver better governance of extractive projects in new regions?

  • What political factors are shaping conditions for hydrocarbons investment in the Arctic?
  • What are the risk factors for the valuation of fossil fuel assets in emerging production regions?

Jon Marks, Editor, African Energy, and Associate Fellow, Chatham House

Harriet Mathews, Head of East and West Africa Department, Foreign and Commonwealth Office

Vanessa Herringshaw, Program Director, Transparency and Accountability Initiative

Glada Lahn, Research Fellow, Energy, Environment and Resources Programme, Chatham House

Ben Caldecott, Director, Stranded Assets Programme, Smith School of Enterprise and the Environment

Questions and Discussion

11:00 - 11:30 Refreshments

Session Five
Innovation and the Outlook for Fossil Fuels
11:30 - 12:45

  • What is the potential impact of new transportation technology on demand for fossil fuels?

  • Can carbon capture and storage (CCS) achieve integration on an industrial scale, and will this secure a long-term future for coal in the energy mix?

  • When and where will renewable energy technologies achieve grid parity with gas and coal-fired power and what are the implications?


Jim Skea, Professor of Sustainable Energy, Imperial College London

Dr Andreas W Schäfer, Chair in Energy and Transport, UCL Energy Institute, University College London

Beatrice Coda, Senior Policy Officer, DG Climate Action, European Commission

Martin Grant, Chief Executive Officer, Energy Business, Atkins

Questions and Discussion

12:45 End of conference and lunch

© The Royal Institute of International Affairs 2013

This conference will offer a unique opportunity to network with senior officials from businesses, government, NGO's and academic institutions.

Our previous energy conferences saw delegates from companies and institutions such as:

Arawak Energy Ltd
Aspen Insurance UK Ltd
Baker Botts LLP
Bank of Finland
Bank of Tokyo-Mitsubishi UFJ Ltd
Barclays Capital
BG Group plc
BP plc
Canamens Energy Ltd
Chevron Ltd
Clifford Chance LLP
CMS Cameron McKenna LLP
Conocophillips (UK) Ltd
Control Risks
Denton Wilde Sapte
DONG Energy
Energy Charter Secretariat
Enex Process Engineering SA
Eni S.p.A
Eurasian Energy Ventures
European Commission Joint Research Centre (Institute for Energy)
ExxonMobil International Ltd
Foreign and Commonwealth Office
Fox Davies Capital
Fried, Frank, Harris, Shriver & Jacobson LLP
Gaffney Cline & Associates Ltd
GDF Suez
Genel Energy
Halcrow Group
HSBC Holdings plc
Hyperdynamics Oil and Gas Ltd
INPEX Corporation
International Association of Oil & Gas Producers
Japan Bank for International Cooperation
Japan Oil Gas and Metals National Corporation
JETRO London
JKX Oil & Gas
Kokusai Asset Management Co Ltd
London School of Economics
Maersk Oil & Gas
Mitsubishi Corporation (UK) Plc
Mitsui & Co Europe plc
Morgan Stanley Investment Banking Divison
Nexen Petroleum Uk Ltd
Nomura International plc
Nord Stream AG
Norwegian Petroleum Directorate
OMV Exploration & Production GmbH
Oxford Institute for Energy Studies
Petroleos De Venezuela
Royal Bank of Scotland (RBS)
Royal Dutch Shell
RWE Supply and Trading GMBH
Saudi Petroleum Overseas Ltd
Slovenský Plynárenský Priemysel
Standard Chartered Bank
Statoil (UK) Ltd
The Risk Advisory Group
Tokyo Electric Power Company
Toyota Motor Europe
Worley Parsons Europe Ltd