1:30 pm - 1:40 pm

1:40 pm - 2:30 pm

2:30 pm - 3:30 pm

3:30 pm - 3:40 pm

3:40 pm - 4:20 pm

4:20 pm - 4:50 pm

4:50 pm - 5:00 pm

5:00 pm - 6:30 pm

Monday 20 AprilManaging through Turbulence and the Cycle

CERAWeek Conference Opening

Opening Plenary

Break

IHS Energy Watch

IHS Energy Watch

Break

Keynotes: Managing Through the CycleDialogues with Daniel Yergin, Vice Chairman, IHS

Scott Key, President and CEO, IHS

Welcome

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanU.S. Sen. Lisa Murkowski (R-Alaska), Chairman, U.S. Senate Energy and Natural Resources CommitteeRyan Lance, Chairman & CEO, ConocoPhillips

Future US Energy Policy

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanSteve Bolze, President & CEO, GE Power & WaterMuhammad Al-Saggaf, Acting Head of Shared Operations and Services, Saudi AramcoShaikh Nawaf S. Al-Sabah, Chief Executive Officer, Kuwait Foreign Petroleum Exploration Company

Sustaining Innovation Through the Cycle

Atul Arya (Chair), Senior Vice President, Energy Insight, IHSRoger Diwan, Vice President, Financial Services, IHSJim Burkhard, Chief Researcher, Global Oil Markets and Energy Scenarios, CERAWeek Vice Chairman, IHSRaoul LeBlanc, Managing Director, IHSBhushan Bahree, Research Director & Advisor, Global Oil Markets, IHS

Is the United States the New Swing Producer?The tight oil revolution has made the United States the number one source of growth in world crude oil supply since 2008—by far. The USunconventional boom is a development unlike any other in the history of the industry. Is the US becoming the new “swing supplier” owing tothe responsiveness of its oil production to changes in the market. What happens to tight oil production over the rest of 2015? Has the USsupply system become the primary rebalancer in the world oil market? What are the implications of the new “US Swing Era” for strategy,investment, production, OPEC decision-making, and future of world oil?

Zbyszko Tabernacki (Chair), Vice President, Economics and Country Risk, IHSCarlos Pascual, Senior Vice President, IHSNariman Behravesh, Chief Economist, IHSKurt Barrow, Vice President, Downstream Research & Consulting, IHSMichael Stoppard, Chief Strategist, Global Gas and Vice Chair of CERAWeek, IHS

Energy Geopolitics and Economics in the New EraWhat are the broader risks and opportunities resulting from the turning point in energy – for industry structure and strategy, including the shiftingdynamics of the refining industry; US oil exports; gas and LNG markets – and for the global economy and geopolitics?

Vagit Alekperov, President, OAO LUKOIL

Global Energy Dialogue

6:30 pm - 7:45 pm

7:40 pm - 9:25 pm

CERAWeek Welcome Reception

Insight DinnersCERAWeek Insight Dinner Dialogues provide a relaxed and informal opportunity for discussion among industry peers and experts. Each dinnercenters on a key theme and features thought provoking remarks by distinguished commentators, followed by moderated discussion and Q&A withdinner participants. CERAWeek Insight Dinner Dialogues are open to all CERAWeek delegates, but seating at each is limited and on a first come firstserved basis.

Stephen I. Chazen, President & CEO, Occidental Petroleum

Sally Jewell, US Secretary of the Interior

North American Energy Dialogue

U.S. Policy Dialogue

Elisabeth Waelbroeck Rocha, Senior Director, Economics, IHSAmos Hochstein, Special Envoy & Coordinator for International Energy Affairs, US Department of StateAndrei Gaidamaka, Vice President, LukoilThane Gustafson (Chair), Senior Director and Advisor, IHS

Mike Rodgers (Chair), VP, Energy Insight, IHSXizhou Zhou, Senior Director, IHSJames Taverner, Senior Principal ResearcherK.F. Yan, Senior Director, Global Oil, IHSMario Azar (Welcome Remarks), CEO, Oil & Gas and Marine, Siemens

Zbyszko Tabernacki (Chair), Vice President, Economics and Country Risk, IHSDan Sullivan, United States Senator, AlaskaJohn Deutch, Institute Professor, MIT; Chairman, Secretary of Energy Advisory Board; former Director, CIAElizabeth Sherwood-Randall, United States Deputy Secretary of EnergyVimal Kapur, President, Honeywell Process Solutions, Honeywell

Ólafur Ragnar Grímsson, President of the Republic of IcelandAntonia Bullard (Chair), Vice President, Energy, IHS

Russian-Western Relations in a Time of UncertaintyFew topics are as important for the future of Europe (and for European gas) than the impending break-up of Ukraine and the re-division of theEuropean continent. These historic events are taking place against the backdrop of revolutionary changes in the way gas is being transportedinto and sold within Europe. How will Europe resolve the tension between security and competitiveness as competing goals of European energypolicy? What are the implications for European geopolitics and economic competitiveness in a low cost energy world?

Asia: Still the Promised Land for New Energy Investment?Asia remains the fastest growing geomarket for energy in absolute terms, despite moderating growth in key emerging countries, includingChina. Significant new investment is required to meet future demand. However, competition is increasing in a number of sectors, includingupstream E&P, liquefied natural gas, refining and product markets, as well as coal and electricity.

How should companies position themselves under these new market and political realities?How fast will key markets like China and India grow in the face of changing domestic affairs?What are the emerging geopolitical risks threatening regional stability?

Securing Energy Infrastructure: Risks and Emerging ResponsesThe energy industry faces a widening range of risks as it expands into more challenging and demanding geographies and as new technologiesdevelop. These increasingly include: social and political instability, direct threats to assets and personnel, disruption of critical operation, cyber-attacks and natural disasters. At the same time, greater integration of assets and infrastructure exposes companies to potential “aggregatedisruptions”.During this dinner we will exchange views on:

What are the greatest threats for energy infrastructure? How have they evolved over time? Are the risks becoming more systemic?How are companies and government responding to the current and emerging trends? What can be done to better assess, measure andmitigate the risks?What are some of the emerging technologies that can be adopted to reduce or mitigate the risks?Are there any regulatory changes that may be needed to provide another layer of protection in addition to what the companies are alreadydoing?

Sustainability in a World of Low Oil PricesIn the generation that has passed since Our Common Future and the Earth Summit, the concept of “sustainability” has become widely used andabused. This dinner will explore how far we have advanced toward sustainability and the path of future progress in a world of lower oil prices.

What are the changing roles for politics, business, and finance in driving sustainability?What game-changing technologies can we reasonably expect to contribute meaningfully toward sustainability?What trade-offs will fast-growing countries with large populations have to make between economic growth and environmental sustainability?Will lower oil prices reduce the political and economic momentum for sustainability?

David Hicks (Chair), Vice President, Energy, IHSWalter Ulrich, CEO, Houston Technology CenterDavid Eyton, Head of Technology, BPJudson Jacobs, Senior Director, IHSKristian Bodek, Director, Energy, IHSCheryl Martin, Former Acting Director, ARPA-E

Scott Key (Chair), President and CEO, IHSDavid Hobbs, Head of Research, King Abdullah Petroleum Studies and Research Center (KAPSARC)Harrie Vredenburg, Suncor Energy Chair; Professor; Academic Director Global Energy Exec MBA, University of CalgaryDavid Mustine, Senior Managing Director, JobsOhioLouis Finkel, Executive Vice President, American Petroleum Institute

The Future of Energy Innovation: The Challenge of New TechnologiesThe past decade has witnessed a great bubbling of energy innovation, driven by high prices, public policy decisions, available capital, andincreased tolerance for risk. With these conditions reversing themselves over the past year, large technology organizations and individualentrepreneurs alike are having to recalibrate to a new set of realities and adjust to shifting industry priorities. The tenth anniversary of the IHSCERAWeek Energy Innovation Pioneers program offers a unique opportunity to reflect on this changing world and to begin a discussion on how toensure that innovation continues to prosper in today’s turbulent environment and positions itself strongly for the future.

Who will fill the funding void as energy companies cut back and re-direct investment in early stage technologies?Will we see a shift in where the industry sources critical new technology – energy company technology organizations, private capital, largeindustrials, government laboratories, universities – and what impact will this have on overall industry dynamics?How are entrepreneurs responding to the challenge of scaling new technologies in a more capital-constrained and risk-averse world?

Sustaining Human Capital through the Cycle: Learning from the Past, Building for the FutureThe energy industry faces a challenge in recruiting and retaining human capital as we enter a period of volatility and belt tightening. Withbudgets under pressure, how will forward-thinking companies attract top talent and develop the next generation of industry leaders? What isthe nexus between companies, universities and governments in fostering skills and expertise needed for the industry’s long term growth? What lessons has the industry learned from past downturns? Is there anything different this time?

7:30 am - 8:45 am

Tuesday 21 AprilTurning Point for the Oil Industry

Strategic DialoguesStrategic Dialogues provide insights and presentations on key strategic topics, followed by interactive discussion among presenters and sessionparticipants.

Anthony Rouse, Vice President, Market Analysis, ValeroJason Bordoff, Founding Director, Center on Global Energy PolicyK.F. Yan, Senior Director, Global Oil, IHSMeeyoung Toh (Chair), Vice President, Oil Markets & Downstream Research & Consulting, IHS

Matthew J. Sagers (Chair), Managing Director, Russian and Caspian Energy Advisory Service & Eurasian Transportation Forum, IHSThane Gustafson, Senior Director and Advisor, IHSJohn C. Webb, Director, Russian and Caspian Energy, IHSKamil F. Zakirov, CEO, Targin

Tim Dodson, Executive Vice President, StatoilMichel Hourcard, Senior Vice President, Development, Exploration & Production, TOTAL SALeta Smith, Director, IHSPaul Markwell (Chair), Vice President, Upstream Consulting, IHS

Carlos Pascual (Chair), Senior Vice President, IHSJuan Carlos Zepeda Molina, President, CNHLourdes Melgar, Deputy Secretary of Energy for Hydrocarbons, Ministry of Energy MexicoMiguel Messmacher, Undersecretary for Revenues, Ministry of Finance and Public Credit

Luis Travesedo Loring, Director, E&P, CEPSAAndrei Gaidamaka, Vice President, LukoilDouglas Meikle, President, Valves and Measurement, CameronNick Lowes, Vice President, Oil and Gas Consulting, IHSPritesh Patel (Chair), Director, Research, IHSMario Azar (Welcome Remarks), CEO, Oil & Gas and Marine, Siemens

Downstream Strategies in a Low Price EnvironmentA lower oil price environment was driven by an excess of supply and a slowing pace of demand growth. But oil demand did not decline andgrowth could increase. Will low pump prices and economic growth drive demand upward? Will lower feedstock costs coupled with demandgrowth translate into strong margins for refiners? These questions loom as some governments take advantage of lower crude oil prices byremoving subsidies and price controls and opening up the market to more competitors. Changing conditions could lead to more opportunitiesin refining and downstream markets.

Russian Oil After Sanctions and the Price Collapse: Can Mature Field Redevelopment Offset the Planned Expansion

in Sanctioned Plays?Low oil prices impact upstream investment around the world. The Russian oil industry also faces another challenge due to Internationalsanctions that have blocked international partnerships in two prospective areas expected to deliver much of Russia’s “new” barrels in the future– onshore tight oil and Arctic offshore development. Does redevelopment of Russia’s extensive set of mature fields offer an avenue for growthand international partnerships? Some Russian companies have already made this a critical part of their growth strategy, but there are manyissues and hurdles which range from regulatory changes to technology to investment before realizing the potential.

Any New Tricks to Help Old Fields Meet the Challenge of Lower Oil Prices?Over the past decade, declining production or profitability in matures fields was contained or even revitalized through innovations in technologyand operational excellence, or through developing new plays. But that was challenging, even when oil was a $100 per barrel. What can be doneto harness the value of mature fields in a volatile and uncertain oil price environment?• What innovations can the industry find today to help save its mature legacy upstream areas?• How can governments help to stimulate new efforts to arrest decline?• Are there new opportunities to create value even in decommissioning old fields?

Opening Doors to Investment: Mexico’s Bidding Round OneThe opening of Mexico’s upstream industry to foreign companies is historic. It has the potential to transform Mexico’s E&P future. Challengesare complex. The opening is emerging during a challenging time due to lower oil prices. By and large, international E&P companies are notfamiliar with Mexico’s petroleum geology and business culture. Fiscal structures, bidding parameters, data availability, timing of bid rounds,investor interest—including from Mexico’s private sector—create a challenge for Mexico’s rapidly evolving regulatory institutions and capacity. The session will focus on updating participants on the status of the E&P opening.

Future of Upstream CostsHow will upstream capital costs adjust to the uncertainty sparked by a shifting oil market landscape? The viability of some projects is in questionfrom tight oil in North America, deepwater projects in Brazil and West Africa, North Sea developments, and Canadian oil sands. Both operatorsand suppliers are trying secure contracts that are mutually beneficial.

9:00 am - 9:35 am

Kevin Birn (Chair), Director, Global Oil, IHSDan Wicklum, Chief Executive, COSIAGreg Stringham, Vice President, Markets and Oil Sands, Canadian Association of Petroleum ProducersAndrew Leach, Associate Professor, University of AlbertaPaul E. Miller, Executive Vice President & President, Liquids Pipelines, TransCanada

Bob Fryklund (Chair), Chief Upstream Strategist, IHSLorenzo Simonelli, President & CEO, GE Oil & GasChristopher Smith, Assistant Secretary Office of Fossil Energy, U.S. Department of EnergyFerdinando Rigardo, Regional Executive Director Europe, Asia & Africa, Repsol

Kristian Bodek (Chair), Director, Energy, IHSEirik Renli, CEO, Fishbones ASDave Smith, Chief Executive Officer, LiquiGlideSergey Shumilin, CEO, Petroleum TechnologyYan-David Erlich, CEO, Wearable IntelligenceTony Gioffredi, CEO, Zahroof Valves Inc.Andy Bowen, Principal Engineer, Woods Hole Oceanographic InstitutionTodd Benson, CTO, Hunt Advanced Drilling Technologies llc

Kurt Barrow (Chair), Vice President, Downstream Research & Consulting, IHS

Future of the Canadian Oil SandsCanada has been among the largest sources of new global oil supply for more than a decade. Growth has been propelled by development ofthe oil sands. But even before the oil price collapse questions about market access, development costs, and environmental concerns posedchallenges. These remain and the overall market environment is more uncertain. What does the future hold for the Canadian oil sands?

African E&P: Will Major Discoveries Be Successfully Developed?Exploration success in West and East Africa has been impressive with many major discoveries in new plays. Much of this success occurred inareas with scant, if any, hydrocarbon producing history; little to no infrastructure; and far from large markets. These discoveries are alsodiverse: those in West Africa are primarily oil and hence easier to market; while those in East Africa are split between onshore oil and offshorenatural gas – both of which require considerably more investment, cooperation, and public-private dialogue to enable their successfulcommercialization. This panel focuses on the oil story and will explore the key factors that are needed for its success.

Energy Innovation PioneersNow in its 10 year, the CERAWeek Innovation Pioneers features dynamic early stage companies with innovative and distinctive newtechnologies across the energy spectrum. IHS annually selects and invites the most promising companies to share their technology and plans atCERAWeek. Each pioneer provides a snapshot of the company and technology, followed by informal discussion. This breakfast offers a relaxedopportunity to meet and interact with these leading entrepreneurs, each assigned to a designated table. Seating is open. 1. Fishbones – Eirik Renli, CEO2. Liquiglide – Dave Smith, CEO3. Petroleum Technology – Sergey Shumilin, CEO4. Wearable Intelligence – Yan-David Erlich, CEO5. Woods Hole Oceanographic Institution – Andy Bowen, Principal Engineer, Center for Marine Robotics6. Zahroof Valves – Tony Gioffredi, CEO7. Hunt Advanced Drilling Technology – Todd Benson, CTO

Oil Expert Discussion TablesAn opportunity to join IHS experts for informal round table breakfast discussions, each featuring an IHS expert and topic. Seating is open.

Oil and Gas Market Impact on the Petrochemical Industry — Mark EramoNGLs: Market Outlook — Walter HartRefining Industry Strategies and Trends — James FallonThe Future of OPEC — Bhushan BahreeOil Demand Growth: Trending Down? — Stephen JonesUS Oil Production Outlook — Raoul LeBlancGlobal Oil Market — Aaron Brady and Jamie WebsterRefined Product Margins — Blake EskewNorth American Crude Supply and Price Trends — Juan OsunaU.S. Crude Oil Exports — Kurt Barrow

Mark Eramo, VP, Chemicals, IHSWalt Hart, Director, Downstream Research, IHSJames Fallon, Senior Manager, Downstream Consulting, IHSBhushan Bahree, Director, Global Oil Research, IHSStephen Jones, VP, Downstream Consulting & Research, IHSRaoul LeBlanc, Managing Director, Downstream Research, IHSAaron Brady, Senior Director, Global Oil Research, IHSJamie Webster, Senior Director, Global Oil Research, IHSBlake Eskew, Senior Director, Downstream Consulting, IHSJuan Osuna, Director, North American Oil Research, IHSKurt Barrow, VP, Downstream Consulting & Research, IHS

th

9:35 am - 10:05 am

10:05 am - 11:05 am

11:05 am - 11:20 am

11:20 am - 12:45 pm

Global Oil Plenary Dialogue

Break

Strategic DialoguesStrategic Dialogues provide insights and presentations on key strategic topics; followed by interactive discussion among the presenters and betweensession participants and panelists.

Rex Tillerson, Chairman & CEO, ExxonMobilDaniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference Chairman

Welcome and Opening Keynote

Patrick Pouyanné, CEO & President of the Executive Committee, TOTAL SADaniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference Chairman

Oil Keynote

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanEmilio Lozoya Austin, Chief Executive Officer, Petroleos MexicanosMiguel Matías Galuccio, Chief Executive Officer, YPF

Oil Plenary

Susan Farrell (Chair), Vice President, Upstream, IHSArnaud Breuillac, President Exploration & Production, TOTAL SADon Wallette, Executive Vice President, Commercial, Business Development, and Corporate Planning, ConocoPhillipsLuis Cabra, Executive Vice President E&P, RepsolLamar McKay, Chief Executive, Upstream, BP

Kurt Barrow (Chair), Vice President, Downstream Research & Consulting, IHSTufan Erginbilgic, Chief Executive, Downstream, BPHorace O. Hobbs Jr., Chief Economist, Phillips 66Stephen Jones, Vice President, Downstream Markets, IHS

William Maloney, Executive Vice President - Development & Production North America, StatoilGreg Leveille, Technology Program Manager, ConocoPhillipsMichael McMahon, Founding Partner & Managing Director, Pine Brook PartnersRaoul LeBlanc (Chair), Managing Director, IHS

Marcel van Poecke, Managing Director, Carlyle International Energy PartnersCharles Leykum, Founding Partner, CSL Capital ManagementWilliam Stevens, Global Co-Head, SESG Group, HSBC BankNathan Strik, Portfolio Manager, Fidelity Research and Management CompanyGary Reaves, Managing Director, First ReserveRoger Diwan (Chair), Vice President, Financial Services, IHS

Business Models for International Oil Companies: New Strategic DirectionsPrior to the oil price decline, the larger International Oil Companies (IOCs) were re-evaluating portfolios in order to boost returns on capitalemployed. A dramatically lower price environment served to challenge the value proposition even more fundamentally. Business models areunder question. It is not a given that large IOCs can generate competitive returns from the opportunity set onshore North America. And for thoselarger E&P companies which believe that they can, the question becomes: how much production should a company have onshore North Americabefore there are concerns about a lack of diversification. In every geography the immediate challenge is to exert downward cost pressure onservice sector companies and providers, and enhance recovery from existing fields in order to boost returns from that portfolio of assets. Whatif they cannot? What other business models are available?

Future of Refining in an Interconnected Global MarketRefining is becoming more global with increasing trade of products from major export centers. Refineries in these locations often have anadvantage in feedstock costs, gas supplies or capital and labor that allow them to compete in distant product import markets. In other cases,declining domestic demand has required refiners to export products to remain viable. Successful refiners will be able navigate changes indemand and crude availability to maintain a competitive market position.

North American E&P: Imagining the Next UpcycleThe North American E&P industry has played the a leading role changing the dynamics of the global upstream industry and crude oil markets.North American oil producers are looking forward to the “inevitable” inflection point, but how and when that next cycle will unfold is unclear. Thispanel will discuss what the landscape, pitfalls, and opportunity set will look like for investors in the North American E&P industry.

Capital Markets and the Financing of Upstream Investment in a Low Price EnvironmentThe traditional lag between oil price changes and upstream investment and production has been transformed and dramatically reduced for UStight oil—the principal driver of US production growth. This panel will look at the availability of financing by capital markets, debt or privateequity, and the impact of lower oil prices on the rate of US production, and on the M&A activity expected in the US.

12:45 pm - 2:15 pmLuncheon and Keynote Address

Blake Eskew (Chair), Vice President, Downstream Consulting, IHSSarah Ladislaw, Director and Senior Fellow, Energy and National Security ProgramDarryl Rogers, Director, North American Natural Gas, IHSJames May, CFO, IMTTSteve Bobb, Executive Vice President & Chief Marketing Officer, BNSF Railway

Joseph Stough (Chair), Vice President, Innovation Technologies, IHSShawn Doherty, Chief Commercial Officer, ERMCharles “Buzz” Morris, General Manager - UC HES, ChevronJanice Schneider, Assistant Secretary, US Department of InteriorPatrick Albos, President Oil & Gas, Schneider Electric

Tony Reinsch (Chair), Senior Director, Upstream Group, IHSGustavo Hernandez-Garcia, General Director, Pemex Exploration & ProductionMusabbeh Al Kaabi, Chief Executive Officer, Mubadala PetroleumJohn Knight, Executive Vice President, StatoilJuan Carlos Echeverry, Chief Executive Officer, Ecopetrol

Bhushan Bahree (Chair), Research Director & Advisor, Global Oil Markets, IHSBijan Khajehpour, Managing Partner, Atieh International GmbHAmos Hochstein, Special Envoy & Coordinator for International Energy Affairs, US Department of StateRaad Alkadiri, Managing Director, Energy Insight, IHSVera de Ladoucette, Senior Associate, Energy, IHS

Jim Burkhard (Chair), Chief Researcher, Global Oil Markets and Energy Scenarios, CERAWeek Vice Chairman, IHSPierre Sigonney, Chief Economist, TOTAL S.A.Mohammed Al-Shatti, Manager Coordination & Follow up, Deputy Chairman & CEO OfficeChristof Ruehl, Global Head of Research, Abu Dhabi Investment AuthorityJamie Webster, Senior Director, Global Oil Markets, IHSK.F. Yan, Senior Director, Global Oil, IHS

Ólafur Ragnar Grímsson, President of the Republic of IcelandElizabeth Sherwood-Randall, United States Deputy Secretary of EnergyJames Bellingham, Director, Center for Marine Robotics, Woods Hole Oceanographic InstitutionKatherine Hardin (Chair), Senior Director, Energy, IHS

Oil Logistics and Midstream: Capturing New OpportunitiesOver the past two decades, the financial restructuring of the logistics and midstream industries has been as significant as their physical growth.The size and influence of publicly traded limited partnerships have grown steadily. They now hold major positions in midstream logistics.However, change may be in the air. Rapid capacity expansion and greater uncertainty about oil production growth may be altering the industry’seconomic drivers, while financial investors continue to evaluate the sector for opportunities.

Operational Excellence in a Shifting Oil Market EnvironmentOver the past couple decades, the world’s leading energy companies have steadily reduced unplanned operational incidents – as reflected byimproved safety performance – through organizationally pervasive commitments to OE & RM programs. Amid a lower oil price environment,Programs focused on leadership discipline and continuous improvement are even more critical to maximize operating stability and sustainshareholder confidence.

National Oil Company (NOC) Response to a Low Commodity Price Environment: Differentiated Objectives,

Differentiated ActionsNational Oil Companies (NOCs) are a heterogeneous group, differentiated by the unique political, economic and social characteristics of theirhome countries as well as their domestic resource base and domestic energy demand. They also differ in capacity to operate oil and gas E&Poperations, growth strategies, and objectives and demands placed upon them by their shareholder governments. It is understandable, then,that the response by the NOCs to a new, uncertain oil market future will be highly differentiated—for some an opportunity, while for others achallenge to survival.

Middle East: Turmoil or StabilityIn the absence of a regional security framework to contain and reduce violence, what is the outlook for the current political map of the MiddleEast? In troubled states local groups are emerging to fill the vacuum, forcing investors to deal with a new set of stakeholders as part of their riskmitigation efforts. In addition, the Iranian nuclear issue remains highly contentious. How will this volatile mix of factors shape investment in theMiddle East and impact the global oil market?

The New Math for Oil: Global Oil Market OutlookSimple arithmetic served a generation of oil market prognostications: it was the call on OPEC crude oil. The call on OPEC has been replaced by amore complicated calculus—the call on US crude oil. This is one of several big changes in the oil market that have raised new uncertaintiesabout the future. We will discuss the oil price downturn, OPEC’s evolving role in the oil market, trends in US oil production and Chinese oildemand, and other factors that will shape the oil market.

The Future of the ArcticThe relatively low oil price environment will temporarily slow Arctic upstream development. But during this time progress will be made ontechnological advances and the regulatory groundwork needed to prepare for the next round of investment. This panel will explore the changestaking place this year which may alter the Arctic playing field by the time upstream development becomes a focus once again.

2:15 pm - 2:45 pm

2:45 pm - 3:15 pm

3:15 pm - 3:45 pm

3:45 pm - 4:05 pm

4:05 pm - 5:20 pm

5:20 pm - 5:30 pm

5:30 pm - 6:15 pm

Break

Plenary

Break

Plenaries

Break

IHS Energy Expert BriefingsIHS Expert Briefings provide presentations and outlooks by IHS analysts, followed by interactive discussion in an informal setting. Each session

provides insight on strategies, risk, and opportunities in a key energy area. Sessions follow Chatham House rules.

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanRobert Dudley, Group Chief Executive, BP

Luncheon and Keynote

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanEldar Sætre, President & CEO, Statoil

Global Oil Plenary and Leader Dialogues

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference Chairman

Ministerial Plenary Dialogue

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanHarold Hamm, Chairman & CEO, Continental ResourcesScott Sheffield, Chairman & CEO, Pioneer Natural ResourcesPeter Jackson, Vice President, Upstream Research, IHSJohn Hess, Chief Executive Officer, Hess Corporation

Gary Heminger, President & CEO, Marathon PetroleumJack N. Gerard, President & CEO, American Petroleum InstituteAdam Sieminski, Administrator, US Energy Information AdministrationGreg Armstrong, Chairman & CEO, Plains All AmericanJim Burkhard (Chair), Chief Researcher, Global Oil Markets and Energy Scenarios, CERAWeek Vice Chairman, IHS

Upstream Plenary

Oil Market and Downstream Plenary

Christopher Hansen (Chair), Director, Energy, IHSGeoff Morrell, Senior Vice President, Communications and External Affairs, BPBill Shireman, CEO & President, Future 500

Daniel Gordon, Executive Vice President, Business Development & Strategy, DelekJames K. Fallon (Chair), Director, Energy Oil Market & Downstream, IHSJacob Dweck, Partner, Sutherland Asbill & Brennan LLPBlake Eskew, Vice President, Downstream Consulting, IHSRick Bott, former President and COO, Continental Resources

License to Operate and Public Backlash: Shaping Public Attitudes Towards Energy DevelopmentPublic perception is an important variable that shapes relations between the oil and gas industry, the general public, government and otherorganizations. Perception of oil and gas activities affects operations today as well future investment possibilities. This is especially apparent inunconventional oil and gas activities and Canadian oil sands. This session will explore the methods ethical and responsible energy companiescan and do use to influence the direction of the public policy debate by influencing public opinion. Who should we be speaking to and what, ifanything, are the boundaries that might limit that conversation?

US Crude Oil Exports: Impact of Shifting Oil Market ConditionsThe 80% increase in US crude oil production since 2008 transformed the issue of US crude oil export policy from a forgotten legacy of the1970s to one of great importance to US energy security and economic growth. Although lower oil prices will slow the pace of supply growth, atleast for a time, the US has significant potential to boost oil production for many years to come. What are the contours of the debate in ashifting oil market landscape?

K.F. Yan (Chair), Senior Director, Global Oil, IHSBrian St. Sauveur, Associate, China Energy, IHS

Rick Vidal (Chair), Director, Global Energy Scenarios Service, IHSJim Burkhard, Chief Researcher, Global Oil Markets and Energy Scenarios, CERAWeek Vice Chairman, IHSTiffany Groode, Director, Automotive Scenarios Advisory Service, IHSCatherine Robinson, Senior Director, Gas, Power Renewables (Europe), IHSMark Griffith, Senior Director, IHS

Walter Hart (Chair), Senior Director, Natural Gas Liquids Research and Consulting, IHSDebnil Chowdhury, Director, NGL Research, IHSYanyu He, Director, NGL Research, IHS

Graham Bliss (Chair), Senior Director, IHSNick Holloway, Senior Director, Upstream Research and Strategic Analysis, IHS

Dewey Johnson (Chair), VP, Petrochemicals & Feedstock, IHSNick Rados, Director, Chemical Feedstocks & Energy, IHS

John Anton (Chair), Principal Economist, IHSPritesh Patel, Director, Research, IHS

Jerry Kepes (Chair), Vice President, Upstream Research, IHSRicardo Bedregal, Senior Director, Latin America Upstream Research, IHS

Raoul LeBlanc (Chair), Managing Director, IHS

Lysle Brinker (Chair), Senior Director, Company Valuation & Transaction Research, IHSDan Pratt, Senior Director, Company, Transaction and Valuation Research, IHS

Can China Rebalance the Global Oil Market?Chinese oil demand growth plays a pivotal role in the oil market. Will lower prices spur greater consumption? Or will economic restructuring andlimited pass through of lower global prices to end-user prices prevent a strong demand rebound? China will continue to be a leader in global oildemand growth, but at what pace will demand grow?

Dealing with Uncertainty: IHS Global ScenariosThe future of the global oil market is at its most uncertain in years. Seismic shifts in the market landscape have brought long-standingassumptions into question. Scenarios are a valuable framework for decision-making and planning—especially during volatile times of greatchange. In this session we will discuss the use of scenarios and provide a snapshot of potential paths for the global oil market.

Outlook for Natural Gas Liquids: Impacts from changes in the oil marketNatural Gas Liquids (NGLs) are produced from both refining and natural gas processing. Lower crude oil prices negatively impact the pace of USoil production activity—which in turn impacts NGL production and exports. This IHS Expert Briefing will explore the impact of changes in US onNGLs markets in the US and abroad.

The Future of Conventional ExplorationConventional oil production still provides the vast majority of global oil supply, even if most of the growth in supply has come fromunconventional “tight” oil development. Does conventional exploration have a major part to play in terms of replacing produced reserves whenin competition with unconventional, improved recovery, and abundant heavy oil? What new conventional resource volumes could be discoveredover the next 30 years?

Petrochemical Feedstocks: A New Refining EpicenterThe oil market environment has complex implications for the global refining and petrochemical industries. Shifting mix of crude supplies offeropportunity while cheaper petchem feedstocks add complexity into the chemical and refining sectors. In Asia and the Middle East, participantsare adding integrated refining and petrochemical complexes with interdependent economics and design synergies creating improvedeconomics. In North America excess natural gas, NGL’s and naphtha are being leveraged locally and sourced and traded by others globally toimprove the operating economics and competitive position of assets in other regions.

The Future of E&P Equipment Markets: Supplier Risk and Strategies for MitigationThis panel will provide an outlook for upstream steel and mid/downstream equipment and facilities. We will examine industry profitability and itsimpact on expectations, dangers, and strategies for mitigation. We will also look at the danger of supplier failure and discuss mitigationstrategies.

Latin America E&P: Execution ChallengesThe Latin America upstream industry has experienced frequent changes in the roles played by government and private companies—bothforeign and domestic. This has not been a linear process, but one characterized with both gradual and abrupt changes. Currently, largeproducing countries have policies which earmark a role for foreign direct investment or are in the process of implementing one. E&P policies inthe region point in the same direction, more or less, for the first time in many years. In this session we will focus on the execution of theseupstream policies, with an emphasis on Brazil and Mexico.

How long will North American Sweet Spots Last?A few companies have pioneered the use of very intensive hydraulic fracturing in shale plays, with interesting results. This panel will review thespreading phenomenon using our North America Performance Evaluator in a dynamic way to integrate feedback and questions from theaudience.

Capital Strategies in E&P

6:30 pm - 7:40 pm

7:40 pm - 9:15 pm

Conference Wide Reception

Dinner and Keynote Address

Tiffany Groode (Chair), Director, Automotive Scenarios Advisory Service, IHSAaron Brady, Senior Director, Global Oil Markets, IHSRafael McDonald, Director, Global Gas and Global Liquefied Natural Gas, IHS

Rebecca Fitz (Chair), Senior Director, Upstream Research, IHS

Is a Peak in Global Transport Fuel Demand on the Horizon?This session will discuss how trends in transportation fuel demand, technology, and changing consumer behavior, may lead to a peak anddecline in on road fuel demand. Are we seeing early signals of a potential peak in road fuel demand? Or is demand set to continue rising fordecades?

Future E&P Portfolios and StrategiesThe challenge of cutting 2015 spending in response to lower oil prices is exceeded by the challenge inherent in deciding what the oil price (andvolatility) will be over the next three to five years;. This is a critical factor in determining final investment decisions (FID) for unsanctionedprojects which will come onstream in the 2018 to 2023 period. The aggregate impact of these determinations will shape future portfolios andsignal shifts in strategy. IHS Energy’s Future E&P Portfolios and Strategies Expert Briefing will present value propositions and challenges for fourdifferent E&P peer groups.

Henry Paulson, Former US Secretary of the TreasuryDaniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference Chairman

Conversation with Hank Paulson (US Treasury Secretary 2006-09): “Dealing with China”Hank Paulson has long experience working with China as U.S. Treasury Secretary and in the private sector, both in helping to open up China toprivate enterprise and establishing a framework for economic and environmental cooperation. He has visited the country over a hundred timesand has enjoyed rare access at the highest levels. He brings that knowledge to bear in his new book Dealing with China. This dinner will beone of the first public discussions of the book. In a dialogue with Daniel Yergin, Paulson, now chairman of the Paulson Institute, will talk aboutcritical issues in the relationship between the United States and China and how to manage them. This will also be an opportunity to get hisperspective on both the U.S. and global economy and lessons for the future from the last seven years of economic challenges.

7:30 am - 8:45 am

Wednesday 22 AprilNew Landscape for Natural Gas

Strategic DialoguesStrategic Dialogues provide insights and presentations on key strategic topics; followed by interactive discussion among the presenters and betweensession participants and panelists.

Mark Gyetvay, Chief Financial Officer, Member of the Board, NOVATEKQian Xingkun, Vice President, CNPC Economics & Technology Research InstituteMatthew J. Sagers, Managing Director, Russian and Caspian Energy Advisory Service & Eurasian Transportation Forum, IHSHolger Lösch, Member, Executive Board, BDIThane Gustafson (Chair), Senior Director and Advisor, IHS

Ronald Kapavik (Chair), Senior Director, Asia-Pacific Energy, IHSZenaida Monsada, Undersecretary, Philippines Department of EnergyJeong Joon Yu, President & CEO, SK E&SJames Ooi, Director, Asia Gas & Power, IHSJefferson Edwards, General Manager, Global Gas & LNG Market Development, Royal Dutch Shell

Chris Holmes (Chair), Senior Director, Global Gas & LNG, IHSHon. Rokas Masiulis, Minister, Ministry of Energy of the Republic of LithuaniaRich Coleman, Deputy Premier & Minister of Natural Gas Development, British Columbia

Jenny Yang (Chair), Manager, China Oil and Gas Service, IHSGeorge Lei Song, Deputy General Manager & Head of Research, UnipecGauri Jauhar, Director, Asian Energy Research, IHS

Tomás García Blanco, Chief Executive Officer, Repsol Sinopec BrasilEnrique Sira, Chief Marketing Officer, Latin America, GEMarcelo Tokman, Chief Executive Officer, ENAPRoberto Cunha (Chair), Associate Director, Latin America Gas & Power, IHS

Ibraheem Assa’adan, Executive Director, Exploration, Saudi AramcoAhmed Hashmi, Global Head of Upstream Technology, BPJianzhong Li, Director, Resources & Planning, CNPC Research Institute of Petroleum Exploration & DevelopmentNick Lowes (Chair), Vice President, Oil and Gas Consulting, IHS

Russian Gas: East or West?Russia’s gas export strategy is pivoting to China and the Pacific Far East, with the “Power of Siberia” pipeline project to China, together withmultiple LNG ventures. Yet for the foreseeable future Europe remains Russia’s primary export market. At a time of increasingly complexinternational relations and fast-moving changes in global gas trade, how will Russia balance the priority of East and West?

Asia Gas & Power Markets: Searching for the Balanced ApproachNortheast and Southeast Asia continues its healthy pace of economic growth, creating challenges for policymakers and opportunities of energyinvestment in the region. Declining indigenous gas production has brought greater urgency to the fuel mix for power generation in several keymarkets. Recently, ‘The Great Deflation’ of crude, and LNG prices seems to present at least a near-term opportunity for policymakers seekingto achieve simultaneous goals of electricity reliability and affordability using imported LNG. This session will address the key questions facingmarkets of Southeast Asia, and look at the ways policymakers are balancing energy policy objectives to reach their goals.

Low Energy Prices: Opportunity or Challenge for the Global LNG Industry?The recent fall in global oil prices are expected to slow the rate of LNG export project development but they may not necessarily be a constraintto the development of the global LNG industry. Low energy prices can stimulate new demand centres and force the industry to innovate inreadiness for the next upturn. This session will explore the challenges facing mega LNG export projects, the potential for innovativedevelopment solutions and the opportunity for development of new LNG markets.

China and India: The Tale of Two Growth MarketsChina and India share many traits—they are the top two most populated countries in the world, with economic growth much higher than theglobal average, and a small but rapidly growing share of natural gas in the primary energy mix. These two markets have become one of thecenters of attention from global gas suppliers. There are also key differences between the two, including the size of unconventional gasresources and other gas supply options. This session will compare and contrast the energy outlooks for the two countries.

Latin America’s Gas Markets at a Global Inflection Point – What’s Ahead?Natural gas is a growing component of Latin America’s energy mix. A significant gas supply potential exists in the region while energy demandneeds continue to grow region-wide at accelerated rates. Policies to develop natural gas markets are already taking place, but the internationalenergy landscape is changing. What’s ahead for Latin America’s natural gas markets?

A New Model for Unconventional Gas?The success story of unconventional gas development in North America is founded on the convergence of several factors: favorable geology,supportive regulatory and fiscal environment, local technological know-how, extensive and competitive service sector, large and ‘liquid’ localgas markets; and perhaps most importantly, small fast-acting E&P operators driven by short term cash flow needs. Perceived wisdom is thatthis North American model must be replicated globally for unconventional gas resources to be successfully exploited. In this session we’llexplore and challenge this assumption with a view to identifying a potential alternative model for unconventional gas development outside NorthAmerica, where NOCs are the predominant players.

Ed Kelly (Chair), Vice President, Americas Gas and Power Consulting, IHSKyle Mork, President, Energy Corporation of AmericaMatthew E. Piatek, Associate Director, North American Natural Gas, IHSJeff Daniels, Director, Subsurface Energy Resource Center, The Ohio State University

Nilesh Dayal (Chair), Vice President, Consulting, IHSMike Bahorich, Executive Vice President, CTO, Apache CorporationRobert Fulks, Director Strategic Marketing - Pressure Pumping, WeatherfordChristopher Robart, Director, Unconventional Resources, IHSGary Gould, Senior Vice President, Operations, Continental Resources

Daniel Berkove (Chair), Senior Associate, Energy Insight, IHSH.E. Gabriel Mbaga Obiang Lima, Minister of Mines, Industry and Energy, Republica de Guinea EcuatorialAlex Mould, CEO, Ghana National Petroleum Corporation (GNPC)Nelson Ocuane, Chairman, ENH

Kristian Bodek (Chair), Director, Energy, IHSMatthew L. Scullin, Founder & CEO, Alphabet EnergyJim Dechman, President & CEO, Veros SystemsBruce Bishop, Vice President, Veolia Water Technologies

The Elephant in the Room: The Marcellus, the Utica and the Natural Gas MarketThe Marcellus has grown from a promising concept to the dominant natural gas producer in North America at around 15 Bcf per day. Now itsneighbor, the Utica, has started down the path to very rapid growth. But the North American natural gas pipeline grid was designed to bring gasto the Northeast, and these plays, sitting on the doorstep of the eastern and Midwestern load centers, are forcing the industry to reconsider thatdesign, and in the process are rewriting the way the gas market works.

The Impact of Oil Prices on North American Unconventional OperationsThe rapid decline in global oil prices has changed the landscape of the North American unconventional oil and gas markets. Operators are nowworking closely with vendors to reduce service pricing and eliminate costs. Many service providers have already responded with significantpricing concessions and requests to their vendors for significant pricing concessions. The implication of a falling oil price has already cascadedthrough the oil and gas value chain and will also impact continued innovation in drilling and completion efficiency. This session will address theactions that operators and service providers are doing to respond to the new market environment.

Gas Monetization in Africa: What Will It Take to Compete?A confluence of factors are setting the stage for a dramatic transformation of Sub- Saharan Africa’s gas sector: massive new sources of supply,surging domestic needs, a call for better environmental stewardship of the energy sector; and competition from rapidly changing globalmarkets. While the underlying driver of this metamorphosis continues to be commerciality, new factors such as social-economic benefits areincreasingly gaining weight. This panel will examine and discuss the key considerations involved in the decisions on developing gas in theregion’s rapidly changing environment.

Energy Innovation PioneersNow in its 10 year, the CERAWeek Innovation Pioneers features dynamic early stage companies with innovative and distinctive newtechnologies across the energy spectrum. IHS annually selects and invites the most promising companies to share their technology and plans atCERAWeek. Each pioneer provides a snapshot of the company and technology, followed by informal discussion. This breakfast offers a relaxedopportunity to meet and interact with these leading entrepreneurs, each assigned to a designated table. Seating is open. 1. Alphabet Energy – Matthew Scullin, Founder and CEO2. C3 Energy – Thomas Siebel, CEO3. On-Ramp Wireless – Kevin Hell, President and CEO4. ProSep – Neil Poxon, CEO5. Veolia – Bruce Bishop, Vice President and General Manager, CeraMem6. Veros Systems – Jim Dechman, President and CEO

th

9:00 am - 9:35 am

9:35 am - 11:00 am

11:00 am - 11:20 am

11:20 am - 12:45 pm

Global Gas Plenary

Break

Strategic DialoguesStrategic Dialogues provide insights and presentations on key strategic topics; followed by interactive discussion among the presenters and betweensession participants and panelists.

Atul Arya (Chair), Senior Vice President, Energy Insight, IHS

Gas Expert Discussion TablesInformal round table discussions, each featuring an IHS expert and topic. Seating is open.

Eurasian Gas: South Stream Becomes “Turkstream”? The Evolution of the Southern Corridor— Laurent RuseckasNorth American Power Generation Slate: Gas vs Coal — Sam Andrus and James StevensonMexican Gas: The Implications of Reform — Lisa PearlNorth American LNG Exports — Terrell Benke and Benjamin GageGlobal Price Differentials: How Wide for How Long? — Catherine Robinson and Michael ChettritTight Oil and Associated Gas — Paul MarkwellWinning Strategies for Gas Focused E&P Companies — Dan Pratt

Laurent Ruseckas, Gas, Power Renewables (EMEA & APAC), IHSSam Andrus, Director, Gas, Power Renewables (Americas), IHSJames Stevenson, Director, North American Coal, IHSLisa Pearl, Senior Manager, Gas, Power Renewables (Americas), IHSTerrell Benke, Senior Director, Gas, Power Renewables, IHSBenjamin Gage, Director, Global Gas and LNG, IHSCatherine Robinson, Senior Director, Gas, Power Renewables (Europe), IHSMichael Chettrit, Senior Analyst, Gas, Power Renewables (EMEA & APAC), IHSPaul Markwell, Senior Director, Research, IHSDan Pratt, Senior Director, Upstream Research, IHSAtul Arya, SVP, IHS Energy

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanClaudio Descalzi, Chief Executive Officer, Eni

Keynote Address

Andy Brown, Upstream International Director, Royal Dutch Shell plcCharif Souki, Chairman & CEO, Cheniere EnergyHirobumi Kawano, President, Japan Oil, Gas & Metals National CorporationVolodymyr Demchyshyn, Minister of Energy and Coal Industry, UkraineMichael Stoppard (Chair), Chief Strategist, Global Gas and Vice Chair of CERAWeek, IHS

Global Gas: How Do We Maintain Momentum?

Andy Calitz, CEO, LNG CanadaAndrew Walker, Vice President, Global LNG, BG GroupAndree Stracke, Chief Commercial Officer (Origination & Gas Supply), RWE Supply & Trading GmbHChris Holmes (Chair), Senior Director, Global Gas & LNG, IHS

Andy Barrett (Chair), Senior Advisor, Global Gas and Power, IHSFernando Giliberti, Vice President of Strategy & Business Development, YPFPatali Champika Ranawaka, Minister, Ministry of Power and Energy

Global LNG: New Business Models and Commercial StructuresRapid changes in oil market conditions have shifted the LNG market planning and expectations. As a result major players are considering newbusiness models and commercial structure to take advantage of the new LNG landscape. This session will explore the areas of greatestopportunity and present the sources of greatest risk for global and regional LNG players on both the buyer and supplier sides.

Gas Price Reform: Balancing Producer and Consumer NeedsSeveral countries in Latin America, Asia, Middle East and Africa are progressing or seriously contemplating gas price reform programs designedto create higher prices for natural gas and therefore incentivize additional supplies to come online. The process is creating new winners andlosers and requires a careful balancing of consumer, national economy and producer interests. The session will examine how current reformsare being structured to deliver this balance and the future path for change across the regions.

David Price (Chair), Senior Director, Global Steam Coal, IHSJose Simon, Senior Vice President, Gas, Coal & Carbon, IberdrolaCatherine Robinson, Senior Director, Gas, Power Renewables (Europe), IHSZainal Abidin Shah Mahamood, Managing Director, TNB Fuel Services Sdn Bhd

Rabee Sahyoun, Head of Natural Resources, Corporate Finance, ING BankRobert M. Tichio, Partner, Riverstone Holdings LLCDavid I. Foley, Chief Executive Officer, Blackstone Energy GroupMichael Casey, Managing Director, Energy, Citigroup Inc.Laurent Ruseckas (Chair), Senior Advisor, Eurasian Gas, IHS

Samuel Andrus (Chair), Senior Director, North American Gas, IHSColette D. Honorable, Commissioner, Federal Energy Regulatory CommissionEric Martin, Attorney, Stoel RivesDave Pursell, Managing Director, Head of Securities, Tudor, Pickering, Holt & Co.Mary Lashley Barcella, Director, North American Natural Gas, IHS

Bob Fryklund (Chair), Chief Upstream Strategist, IHSVimal Kapur, President, Honeywell Process Solutions, HoneywellPatrick Schorn, President, Operations & Integration, Schlumberger

Scott Lockhart (Chair), Senior Vice President, OE & RM, IHSMarcel Cappetti, Managing Director, Oil & Gas, Cisco SystemsDidier Holleaux, Chief Executive Officer, GDF SUEZ E&P International

Tiffany Groode (Chair), Director, Automotive Scenarios Advisory Service, IHSScott Perry, Vice President, Supply Management and Global Fuel Products, RyderLevi Tillemann, Cal and Jeff Leonard Fellow, New America FoundationDaniel Sperling, Professor and Director, UC DavisMitchell W. Pratt, COO & Corporate Secretary, Clean Energy

Gas and Coal in a Changing Energy MixCoal and gas-fired generation have been in competition since the combined cycle was introduced to the world in the 1980s. In the USA, coalruled the roost until shale gas took the limelight starting around 2008. In Europe the economics have fallen in favour of coal despitegovernmental moves to raise the cost of coal-fired generation through higher environmental compliance costs. In Asia, dwindling local gasreserves and low coal prices mean that coal is becoming the fuel of choice despite the growth of LNG in the area. In all three regions the fatesof both fuels remain intertwined and companies are evolving both long-term and short-term strategies to cope with the uncertainties of life inthe most competitive part of the generation market.

Financing Gas and LNG Through the CycleThe current environment of low oil prices has introduced new challenges for the financing of gas upstream and midstream projects—while alsopotentially giving rise to new opportunities. The prospect of low oil-linked LNG prices in Asia has already started to cast a shadow overprospective liquefaction projects in North America and globally. Meanwhile capex budgets are being slashed across the industry, and thesovereign financing capability of key gas-producing states is also constrained in some cases. This situation could create new opportunities forfinancial investors able to develop financing structures suitable for this environment—and those willing to take on higher levels of risk.

North American Gas: Demand Side Responses to Low PricesThe Polar Vortex of 2014 drove regional intraday January prices to over $100 /MMBtu only to be followed by a cool summer that had fall regionalprices below $1.00 /MMBtu. North American natural gas producers have been able to drill up supply faster than demand can grow but that setsup an investment cycle that is exacerbated by weather. End users are now considering how and too what extent to manage price volatility. Thissession explores different strategies being considered/pursued by utilities, large energy users, LDC’s, and regulators.

Mega Projects – Is Price Relief Finally On the Way?Mega projects are cherished by the industry for their role as long term cash machines but feared as for their role in diluting the return onaverage capital employed (ROACE). Much of this is due to project cost over runs and frequent delays, with almost 2/3 of the recent projectscoming in over budget. Operators have been looking at new models for partnership with EPC contractors as well as scrutinizing every step forcost savings. Because of their long term nature, most mega projects will go ahead despite the oil price drop so it is imperative we continue tolook for ways to solve the cost and execution problems. This panel will look at the outlook for mega projects, both onshore and offshore, aswell as explore the transfer of lessons and technology among different settings.

Leveraging Operational Excellence to Drive Margin ExpansionEnergy companies face an uphill battle in 2015 given the impact of oil prices on revenue. It is imperative they leverage operational efficiency to asignificant degree in order to preserve margins. This will require strict control of operational performance, and innovative applications of supplychain best practices. What are the key challenges to operational efficiency faced by energy supply chains and how are supply chain leadersresponding?

Will Alternative Fuels and Vehicles Survive Low Oil Prices?Over the past five years alternative fuels and vehicles have started to show up in showrooms and retail stations. This shift away from gasolineand diesel was driven by high fuel prices, environmental concern, and a goal to be more energy secure. This session will explore the impact ofplummeting oil prices on transportation alternatives such electric vehicles, natural gas, and biofuels. Or will oil re-secure itself firmly intransportation?

12:45 pm - 2:00 pm

2:00 pm - 2:15 pm

2:15 pm - 3:15 pm

3:15 pm - 3:35 pm

3:35 pm - 4:40 pm

4:40 pm - 5:00 pm

5:00 pm - 6:15 pm

6:30 pm - 7:40 pm

7:40 pm - 9:15 pm

Luncheon and Keynote Address

Break

Plenary DialoguesDaniel Yergin, Vice Chairman, IHS (Chair)

Break

Plenaries

Break

North American Energy Plenary

Conference Wide Reception

Insight DinnersCERAWeek Insight Dinner Dialogues provide a relaxed and informal opportunity for discussion among industry peers and experts. Each dinnercenters on a key theme and features thought provoking remarks by distinguished commentators, followed by moderated discussion and Q&A withdinner participants. CERAWeek Insight Dinner Dialogues are open to all CERAWeek delegates, but seating at each is limited and on a first come firstserved basis.

David Witte (Chair), Senior Vice President and General Manager, Chemicals, IHSPeter Kaestner, Vice President - Feedstocks Polymer and Cracker Sector, Reliance Holding USA, IncMauro Gregorio, Business President, Feedstocks and Energy, The Dow Chemical Company

Energy & Petrochemicals at the InterfaceThe dramatic decline in crude oil prices has complex short-, medium- and long-term implications for the global petrochemical industry. Changingfeedstock prices affect chain inventories, spur demand growth, change inter-regional competitiveness and shift cost structures. These in turnimpact operating rates margins and trade flows. In response, chemical companies are rethinking capital expenditures and adjusting budgets toreflect these new dynamics.

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanRichard D. Kinder, Chairman & CEO, Kinder Morgan

Luncheon and Keynote

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanJoe Kaeser, President & CEO, Siemens AG

The Honorable Ian Macfarlane, Minister for Industry and Science, Australia

Energy Leader Insight Dialogues

Ministerial Dialogue

Steve Mueller, Chairman & CEO, Southwestern Energy CompanyAl Monaco, President & CEO, EnbridgeBob Ineson (Chair), Managing Director, North American Natural Gas and Global LNG Research, IHS

Shigeru Muraki, Director, Vice-Chairman of the Board, Tokyo GasS.M. Hossein Adeli, Secretary General, Gas Exporting Countries ForumSarwjit Sambhi, EVP, E&P, CentricaMichael Stoppard (Chair), Chief Strategist, Global Gas and Vice Chair of CERAWeek, IHS

North American Natural Gas Plenary: Rediscovering GasIn North America in recent years, natural gas has taken a back seat to oil in the minds of investors. With the rapid changes in the market over thelast several months, oil has lost some of its luster. Meanwhile, some companies are looking at natural gas in a new way, rediscovering value inthe gas industry, while others have stayed the course. This session focuses on the ways, new and old, in which industry players are working tocapture value from natural gas.

International Gas Plenary: Building High Value DemandThe global gas industry is re-evaluating its position in the energy value chain in the wake of recent changes in prices of competing fuels, whichpresent both challenges and opportunities for gas. Meanwhile security of gas supply has moved higher on the agenda in some markets. In thecontext of these changing dynamics, consumers are seeking to ensure secure supply on appropriate commercial terms while producers look tomaximize long-term value. This session will focus on producer and consumer perspectives and explore ways for both sides to work together tomaximize value in the gas sector.

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanHon. Ernest Moniz, United States Secretary of EnergyGreg Rickford, Minister of Natural Resources, CanadaPedro Joaquín Coldwell, Secretary of Energy, Ministry of Energy, Mexico

The North American Energy Powerhouse

Atul Arya (Chair), Senior Vice President, Energy Insight, IHSHon. Ernest Moniz, United States Secretary of Energy

Antonia Bullard (Chair), Vice President, Energy, IHSMaria Zuber, Vice President for Research, MITJane L. Mendillo, Retired CEO, Harvard Management CompanyBill Shireman, CEO & President, Future 500Jason Bordoff, Founding Director, Center on Global Energy PolicyNancy Meyer, Associate Director

Kevin Birn (Chair), Director, Global Oil, IHSGreg Rickford, Minister of Natural Resources, CanadaAl Monaco, President & CEO, EnbridgeJamie Webster (Chair), Senior Director, Global Oil Markets, IHS

Jerre Stead (Chair), Executive Chairman, IHSNariman Behravesh, Chief Economist, IHSJin-Yong Cai, Executive Vice President & CEO, International Finance CorporationChristof Ruehl, Global Head of Research, Abu Dhabi Investment AuthorityMichael S. Klein, Managing Partner, M. Klein and Company

Mary Lashley Barcella (Chair), Director, North American Natural Gas, IHSMark Boling, Executive Vice President, Southwestern Energy CompanyMark Brownstein, Associate Vice President & Chief Counsel, Environmental Defense FundPamela Franklin, Branch Chief, Non-CO2 Programs, US Environmental Protection Agency

Conversation with Hon. Ernest Moniz, United States Secretary of EnergyErnest Moniz is United States Secretary of Energy, serving under U.S. President Barack Obama since May 2013. Previously he was the Cecil andIda Green Professor of Physics and Engineering Systems at MIT, Director of the MIT Energy Initiative, and Director of the Laboratory for Energyand the Environment. This dinner is a unique opportunity to hear from Dr. Moniz on priorities for energy policy, geopolitics, technology andsecurity; followed by informal discussion.

Fossil Fuel Divestment Movement and the “Carbon Bubble”Climate change advocates are driving a movement encouraging investors to divest their stock holdings in fossil fuel companies, asserting thatcompanies are overvalued given the carbon content of their reserves. The “carbon bubble” movement began as a grassroots effort by NGOsfocused on rallying universities to pressure endowment managers and Boards. It is now gaining attention from political leaders and largerinstitutional investors, including the Bank of England and Norway’s sovereign wealth fund.

How is the divestment movement evolving and how is it impacting universities, endowments and institutional investors?What concerns are being voiced about the sustainability of fossil fuel companies in a carbon-constrained world?How are companies and investors responding? What are the potential long term implications?

Canada’s Energy Future: North American Energy RevolutionCanada has some of the largest endowments in North American, with over one hundred years of gas and the world’s largest oil deposit outsideof OPEC. Canadian supply has been a central part of the Great Revival in North American hydrocarbon production. This dinner will feature adialogue with Canadian Energy Minister Rickford and other leaders on the prospects for Canadian oil and gas supply and exports.

What does the future hold for Canada’s energy production and exports in North America in light of US production growth and the promise of afuture revival in Mexico?Will the North American energy market become more energy integrated or will Canada supply tilt toward offshore markets?What are Canada’s key policy, social and investment challenges to realize its own resource potential?

The “Great Divergence”: What’s Ahead for the Global Economy?The global economy is witnesses multiple divergences. Some economies are seeing robust growth ( the US, UK, and India), while others aregrowing only modestly (the Eurozone and Japan). Still others are contracting, such as Brazil and Russia. Much lower oil prices are helping oilconsumers and hurting oil producers. Moreover, the world’s major central banks are on different paths. Finally, a stronger US dollar and weakercurrencies elsewhere are hurting US exporters and helping the purchasing power of US consumers.

What is the outlook for medium and long term economic growth?What’s ahead for emerging markets?How are investors and businesses positioning in the two speed economy?What are the greatest risks and uncertainties ahead for the US and global economy?

Methane Emissions from Oil and Gas: What Can the Industry Do to Build Public Trust?Methane emissions from oil and gas systems are receiving increasing attention from policymakers and NGOs intent on meeting more stringentclimate change objectives. New initiatives have been announced by the Obama Administration aimed at reducing methane emissions 40percent or more by 2025. States are also considering imposition of stricter regulatory standards. The industry is responding in a variety ofways to engage stakeholders.

How will the regulatory landscape for methane evolve?What could this mean for the future license to operate for the oil and gas industry? What are the strategic implications for companies andinvestors?What are the innovative responses by industry to address growing concerns over methane emissions?

7:30 am - 8:45 am

Thursday 23 AprilElectric Power’s Crucible

Strategic DialoguesBreakfast Served

Carlos Pascual (Chair), Senior Vice President, IHSMarcos Valenzuela, Advisor, CENACEGuillermo Turrent, Director of Modernization, CFECésar Hernández Ochoa, Deputy Secretary of Electricity, Ministry of Energy of MexicoFrancisco Xavier Salazar Diez de Sollano, Chairman, Energy Regulatory Commission, Mexico

Meg McIntosh (Chair), Senior Director, IHSDerek Furstenwerth, Senior Director, Environmental Services, Calpine CorporationKathleen Barron, Senior Vice President, Federal Regulatory Affairs, ExelonJack Ihle, Director, Environmental Policy & Emerging Technology, Xcel Energy

Scott Martin, Director, Resource Planning, Pricing and Energy Risk Management, SMUDKatie Tamblin (Chair), Director, Supply Chain Solutions, IHSKeryn James, CEO, Asia Pacific, Environmental Resources Management (ERM)Todd W Gurela, Senior Director, Internet of Everything, Americas, Cisco Systems

Robert Ichord, Deputy Assistant Secretary, US Department of StateRobert Stoner, Deputy Director for Science and Technology, MIT Energy InitiativeDarryl Wilson, Vice President and Chief Commercial Officer, Power & Water, GEDaniel Berkove (Chair), Senior Associate, Energy Insight, IHS

Michael Pickens (Chair), Associate Director, North American Power, IHSRobert Shapard, Chairman & CEO, OncorKenneth Anderson, Commissioner, Public Utility Commission of TexasSteven Schleimer, Senior Vice President, Government & Regulatory Affairs, Calpine CorporationToby Baker, Commissioner, Texas Commission on Environmental Quality

Alex Whitworth, Associate Director and Research Manager, China Gas, Power, and Coal Service, IHSZhiwei Wang, Chief Representative – United States, State Grid Corporation of ChinaRobert Giglio, Vice President, Strategy & Business Development, AMECXizhou Zhou (Chair), Senior Director, IHS

Mexico’s Power Sector EvolutionMexico is moving ahead with plans to liberalize its power sector. Restructuring the industry will involve a greater reliance on markets tocoordinate power demand and supply as well as incorporate environmental objectives. This session brings together the various players todiscuss the vision, progress and challenges ahead to implement this major energy policy initiative.

EPA’s Clean Power Plan Proposal: Industry Perspectives on the Draft CO2 RuleThe US Environmental Protection Agency’s Clean Power Plan (CPP) Proposal, if adopted, would have broad-ranging effects on power generationeconomics, power demand, fuel market dynamics, investments, and power prices. Industry perspectives vary widely with regard to theproposed rule’s legality, and many structural and technical issues. This session will examine the proposal’s most significant legal vulnerabilitiesand the likelihood the rule will be finalized in 2015.

Operational Excellence for UtilitiesWe are mid-way through a multi-decade transformation of operational strategy, elevating the role of operations, and specifically supply chain, toa recognized contributor to margin expansion. Excellence in operations is uniquely positioned to drive value directly to the bottom line, andheadline grabbing declines in commodity prices have put operational teams under even greater pressure to contribute to margin preservationor expansion in 2015.

African Power: Heating Up?Two-thirds of the population in Sub-Saharan Africa lives without access to electricity. However, recent discoveries of enormous natural gas fields in East

Africa provide an opportunity to harness economic development to address the problem of energy poverty for nearly 600 million people. This session will

look at fundamental major issues driving national and regional electrification, as well as the opportunities, obstacles, and future trends for investment in

the region.

Texas Power – Leading Through UncertaintyThe Texas power system continues to evolve its market rules and institutions in response to increasing power demand and renewable powerresource development. Critical challenges are ahead to manage the energy needs of the state’s robust economy as well as manage theimpacts of environmental regulations on power supply.

Tackling Rising Environmental Challenges in China: The Role of Electric PowerAir quality continues to dominate China’s public policy agenda as the population. The energy sector in general and the power sector in particularneed to respond by altering fuel use and technologies as well as developing innovative solutions such as high-voltage DC transmission,renewable power and smart technology applications in production and consumption.

9:00 am - 10:10 am

10:10 am - 10:30 am

10:30 am - 11:15 am

North American Power Plenary

Mexico Power Plenary

Global Coal Plenary

Ivo Steklac, GM Residential & Commercial Energy Solutions, SunPowerChris Hunt, Managing Director, Riverstone Europe LLPAlex Klein (Chair), Senior Director, Renewable Power Advisory Services, IHS

Kristian Bodek (Chair), Director, Energy, IHSAbhay Gupta, CEO & Founder, BidgelyJostein Eikeland, Chairman & CEO, AlevoNeil Singer, President & CTO, AC Kinetics, Inc.Jose N. Reyes, Chief Technology Officer, NuScale Power

Tim Gardner (Chair), Vice President, Gas, Power & Renewables Research & Consulting, IHS

Future of Solar PowerEconomies of scale and technology advancement continue to drive down the cost of solar. As costs decline, solar is becoming more viable in anexpanding number of distributed and utility scale applications. In this session we will discuss the drivers and barriers behind the current wave ofsolar growth. How fast and how much further are solar costs likely to fall? Which markets and applications are most likely to see solar thrive? What are the implications of falling solar costs for energy policy and markets?

Energy Innovation PioneersNow in its 10 year, the CERAWeek Innovation Pioneers features dynamic early stage companies with innovative and distinctive newtechnologies across the energy spectrum. IHS annually selects and invites the most promising companies to share their technology and plans atCERAWeek. Each pioneer provides a snapshot of the company and technology, followed by informal discussion. This breakfast offers a relaxedopportunity to meet and interact with these leading entrepreneurs, each assigned to a designated table. Seating is open. 1. AC Kinetics – Neil Singer, President2. Alevo – Jostein Eikeland, CEO3. Bidgely – Abhay Gupta, Founder and CEO4. GridCo Systems – Naimish Patel, CEO5. Kurion – William Gallo, CEO6. NuScale – Jose Reyes, Cofounder and CTO

Power Expert Discussion TablesInformal round table discussions, each featuring an IHS expert and topic. Seating is open.

Coal and Natural Gas generation flexibility: substitution and risk management—James Stevenson and Sam AndrusTechnology Developments in Wind and Solar—Matthew DaPratoManaging the grid: Back-up generation or batteries?—Federico Ferrario and Andy LubershaneOutlook for NA Power Demand: The Sources of Uncertainty—Katherine WilsonNA power fundamentals: regional patterns of demand, supply and prices—Doug GiuffreEuropean Energy Union—Implications for the Power Sector—Catherine RobinsonAddressing Underinvestment: Tailored solutions to the missing money problem—Leslie MartinGlobal Nuclear Developments – Jone-Lin Wang & Julien Bedin

James Stevenson, Director, North American Coal, IHSSam Andrus, Director, Gas, Power Renewables (Americas), IHSMatthew DaPrato, Senior Analyst, North America Wind Energy, IHSAlex Klein, Research Director, IHSFederico Ferrario, Associate Director, European Power, IHSAndy Lubershane, Senior Associate, North America Renewable Power and Global Wind, IHSKatherine Wilson, Senior Research Analyst, Gas, Power Renewables (Americas), IHSDouglas Giuffre, Director, Gas, Power Renewables (Americas), IHSCatherine Robinson, Director, European Power, IHSLeslie Martin, Associate Director, Gas, Power Renewables (Americas), IHSJone-Lin Wang, VP, Gas, Power Renewables (Americas), IHSJulien Bedin, Associate Director, APAC Power, IHS

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Thad Hill, President & CEO, Calpine CorporationLeo Denault, Chairman of the Board & CEO, Entergy CorporationPatricia Vincent-Collawn, Chairman, President & CEO, PNM ResourcesLawrence Makovich (Chair), Chief Power Strategist; Vice Chair, CERAWeek, IHS

North American Power Plenary

Enrique Ochoa Reza, Director General, Mexican Federal Electricity CommissionCarlos Pascual (Chair), Senior Vice President, IHS

Mexican Power Plenary

11:15 am - 11:30 am

11:30 am - 12:30 pm

Break

Strategic DialoguesStrategic Dialogues provide insights and presentations on key strategic topics; followed by interactive discussion among the presenters and betweensession participants and panelists.

Greg Boyce, Chairman & Chief Executive Officer, Peabody EnergyErnie Thrasher, CEO & Chief Marketing Officer, Xcoal Energy & ResourcesJim Thompson (Chair), Director, IHS Coal, IHS

Global Coal Plenary

Douglas Kimmelman, Senior Partner, Energy Capital PartnersDavid A. Campbell, CEO, InfraREITFrank A. Napolitano, Global Head of Power and Renewables, Credit SuisseDrew Marsh, Executive Vice President and Chief Financial Officer, Entergy CorporationJeffrey Holzschuh, Chairman, Institutional Securities Group, Morgan StanleyLeslie Martin (Chair), Director, North American Power , IHS

Alex Klein (Chair), Senior Director, Renewable Power Advisory Services, IHSAnne McEntee, President & CEO, Renewables, GE Power & WaterTejpreet Singh Chopra, President & CEO, Bharat Light & Power India Pvt. Ltd.Francis O’Sullivan, Director of Research, Massachusetts Institute Of Technology Energy InitiativeJim Hughes, Chief Executive Officer, First SolarIlya Hartman, North America President & CEO, Acciona Energia

Stephen Whitley, President & CEO, NYISOColette D. Honorable, Commissioner, Federal Energy Regulatory CommissionAndre Porter, Chairman, Public Utility Commission of OhioJone-Lin Wang (Chair), Vice President and Head of Research and Consulting, Power, Gas, Coal, and Renewables—Americas, IHS

Barclay Gibbs (Chair), Senior Director, North American Power, IHSSteven Courtney, Director, CB&I PowerRichard Myers, Vice President, Policy Development, Planning and Supplier Programs, Nuclear Energy InstituteDaniel B. Poneman, President & CEO, Centrus Energy Corp.Karen A. Harbert, President & CEO, U.S. Chamber of Commerce's Institute for 21st Century Energy

Eduard Sala de Vedruna (Chair), Director, Power, Gas, Coal and Renewables, IHSGlen Davis, Chief Executive Officer, Renewable Energy Systems AmericasFrédéric Godemel, Senior Vice President, Energy Automation, Schneider ElectricSusanne Hounsell, Associate Director, European Power, Gas, Coal and Renewables, IHSJon Ganuza, Head of Corporate Strategy, Gas Natural Fenosa

Investments in Power InfrastructureThe accelerating retirement and replacement of power plants, expanding renewable development and greater demands on the grid create anongoing need to deploy billions of dollars of capital each year in the power sector. Yet, the investment climate is getting tougher becausemarket, regulatory and technology uncertainty is increasing and interest rates are headed up from cyclical lows. This session will focus on thefinancial vehicles and strategies needed to finance the future power business.

Renewables in a World of VolatilityThe economic competitiveness of renewable power technologies have changed with the ups and downs of fossil fuel prices. Policy support forrenewables is evolving to keep pace with these changes in energy markets along with the changes on the cost side from continued technologyadvances in renewable and storage technologies. This session will examine what lies ahead for the level, type and location of renewable powerdevelopment globally.

Industry Evolution Continues: How are Policy Pressures Reshaping the US Power Utility Sector?The mix of market forces and regulatory processes continues to evolve in the US power sector. Changes to market rules, regulatoryframeworks, and major environmental policies are happening at the federal, regional, and state levels. This session will examine the drivingforces for change and the potential coordination challenges across jurisdictions and markets.

Future of Baseload GenerationThe pace of change in the base load generation is accelerating due to a variety of environmental regulations, low natural gas prices and theimpact of new renewables on cash flows. This session will explore the role for traditional base load generators in the evolving utility landscapearound the globe.

Europe’s Power Industry: Mapping Moving LandscapesThe tension between liberalization of the power industry and EU directives on the environment are disrupting power business models andreshaping the industry structure. This session will examine the lessons from Europe on managing change in a business landscape defined bymultiple and sometimes conflicting goals.

12:45 pm - 2:00 pm

2:15 pm - 3:15 pm

3:15 pm - 4:15 pm

4:15 pm - 4:30 pm

4:30 pm - 5:30 pm

Luncheon and Keynote Address

Power Plenary

Power Plenary

Break

Plenary

John Howland (Chair), Senior Director, IHSAkaraphong Dayananda, Group SVP, Banpu Ltd.Apoorv Mathur, Group Head, Coal Procurement, Tata PowerCharles Ebinger, Senior Fellow, Energy Security and Climate Initiative, Brookings InstitutionXizhou Zhou, Senior Director, IHSJames Ooi, Director, Asia Gas & Power, IHS

Richard L. Kauffman, Chairman of Energy & Finance for New York, Office of NY Governor Andrew M. CuomoMichael Skelly, President & CEO, Clean Line Energy PartnersPhillip Grigsby, Vice President, Commercial Transmission, Duke EnergyMelanie Kenderdine, Director, Office of Energy Policy & Systems AnalysisSergej Mahnovski, Director, Utility of the Future, Consolidated EdisonJames Saeger (Chair), Director, IHS

Kathleen Barron, Senior Vice President, Federal Regulatory Affairs, ExelonMarco Bruzzano, Vice President, Strategy & Corporate Development, DTE EnergyDavid Christian, Executive Vice President and Chief Executive Officer, Generation, DominionLawrence Makovich (Chair), Chief Power Strategist; Vice Chair, CERAWeek, IHS

Coal’s Role in Emerging MarketsThe transformation of coal into electric energy is an essential part of fueling the modernization of the developing world. However, the benefitsof coal driven economic development must be balanced against trade deficit and environmental impacts expected in the years ahead.

Challenges and Opportunities for the Power Grid: Evolution of T&DThe power grid literally holds the demand and supply sides of the power system together. This critical infrastructure continues to adapt to thechanging needs of both the consumer and producer sides of the power business while incorporating new technologies and ensuring cybersecurity. This session will focus on how existing players and new entrants fulfill the shifting demands made on the transmission and distributionnetworks.

Addressing the Missing Money Problem: Recent Developments in Cost Recovery EffortsPower markets across the U.S. and Europe are facing accumulating evidence that market-clearing wholesale power prices are chronically toolow to cover the total cost of power supply. Yet even when stakeholders recognize the problem, a lack of consensus on the underlying rootcauses leads to a lack of consensus on the most effective solutions. As a result, a number of different approaches are being undertaken inpower markets today – only some of which can meaningfully address the problem. In recent years, there has been more frequent use of short-term PPAs; revised capacity rules, term lengths, and demand curves; and new pricing mechanisms. A one-size-fits-all solution to power plantcost recovery does not exist – this session will discuss the dynamics of the problem and some of the proposed solutions.

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanGina McCarthy, Administrator, US Environment Protection Agency

Luncheon and Keynote Address

Tim Gardner (Chair), Vice President, Gas, Power & Renewables Research & Consulting, IHSRobert Flexon, President & CEO, DynegyJean-Pascal Tricoire, Chairman & CEO, Schneider ElectricMike Winkel, Member of the Board of Management, E.ON SE

Evolving Power Business Models: A Global Perspective

John Woolard, Vice President, Energy, GoogleLisa Davis, Member of the Managing Board, Siemens AGThomas Siebel, Chairman & CEO, C3 EnergyJone-Lin Wang (Chair), Vice President and Head of Research and Consulting, Power, Gas, Coal, and Renewables—Americas, IHS

Innovation and Technology in the Power Sector

5:30 pm - 5:45 pm

5:45 pm - 6:30 pm

Break

IHS Energy Expert BriefingsIHS Expert Briefings provide presentations and outlooks by IHS analysts followed by interactive discussions. Each session provides insight onstrategies, risk, and opportunities in a key energy area.

Todd Stern, Special Envoy for Climate Change, US State DepartmentFred Krupp, President, Environmental Defense FundStephen Lovegrove, Permanent Secretary, Department of Energy & Climate ChangeRachel Kyte, Group Vice President and Special Envoy, Climate Change, World BankCarlos Pascual (Chair), Senior Vice President, IHS

Climate Change – Global Responses for the Power SectorExpectations for a global deal coming out of the upcoming 21 session of the Conference of the Parties in Paris are riding high. But the futuresuccess of climate change policy – be it global, federal or regional – hinges on addressing power sector greenhouse gas emissions.

What is the path forward for climate change policies impacting the power industry, including the US EPA’s Clean Power Plan and reforms to theEU’s ETS?How will power industry stakeholders respond?What are the prospects for clean technology investment around the globe?

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Alex Whitworth, Associate Director and Research Manager, China Gas, Power, and Coal Service, IHSGauri Jauhar, Director, Asian Energy Research, IHSJames Ooi (Chair), Director, Asia Gas & Power, IHS

Doug Giuffre (Chair), Director, North American Power, IHSParker Littlehale, Associate Director, North American Power, IHSMichael Pickens, Associate Director, North American Power, IHSPetya Madzharova, Associate Director, North American Power, IHS

Federico Ferrario (Chair), Director, European Power, IHSCoralie Laurencin, Director, European Power, Gas, Coal, and Renewables, IHS

Dauren Baimagambetov, Managing Director, Finance and Economics, Samruk-EnergyChristopher de Vere Walker (Chair), Director, Russia and Caspian Power, IHS

Andy Barrett (Chair), Senior Advisor, Global Gas and Power, IHS

Timothy Stephure (Chair), Associate Director, Latin America Energy, IHSRoberto Cunha, Associate Director, Latin America Gas & Power, IHSDavid Crisostomo, Associate Director, IHS

Gas or Coal in Asia’s Future Power Generation?Asia’s power sector faces a number of challenges. Economic growth is slowing, expectations for future fossil fuel prices are changing andgrowing environmental concerns are reshaping the timing and make up of power infrastructure development.

North American Power Industry: In the Midst of a Fundamental TransformationSlowing power demand growth, increasing supplies of natural gas and continued renewable power development are putting downward pressureon regional wholesale power prices. In addition, the continued uncertainty regarding the implementation of plans to reduce GHG are alteringinvestment decisions. In this interactive session we will discuss our outlook for North American power markets in 2015 and beyond.

The New Commodity Price Environment – Implications for the European Power IndustryThe price impacts of efforts to reduce GHG emissions are altering European environmental policy and focusing attention on the impact toindustrial competitiveness of European industry. This session will focus on efforts to rebalance the environmental, economic and reliability goalsof the European power sector.

FSU Power Developments: Where Next For Russia, Ukraine, and Kazakhstan’s Electric Power Sectors?Russia, Kazakhstan, and Ukraine, the three largest power markets in the Former Soviet Union, were originally designed to be united and thushave similar fundamentals, but since the breakup of the USSR each country has pursued its separate course in power sector reform. In thissession we will explore and compare the developments of each sector, in terms of power consumption, infrastructure developments, andmarket evolution.

Middle East and North African Power TrendsInvestment activity in power systems across the Middle East and North Africa reflect the realities of reduced oil and gas export revenue. Inaddition, political turmoil is reversing power system development and creating an accumulating investment backlog. IHS researchers will lead areview of these and other key strategic issues impacting the power business in this part of the world.

Latin American Gas & Power TrendsPower issues in Latin American range from the historic energy reform process underway in Mexico to the challenge of ensuring electric reliabilityin Brazil. This session will focus on the common challenges and unique problems of power systems across Latin America along with theoverarching intersection of the power sector with developments in the natural gas sector.

6:30 pm - 7:40 pm

7:40 pm - 9:15 pm

Conference Wide Reception

Dinner and Keynote

Roger Kranenburg (Chair), Director, Global Power, IHSMatt DaPrato, Associate Director, IHS

Mark Griffith (Chair), Senior Director, IHSBarclay Gibbs, Senior Director, North American Power, IHSMary Lashley Barcella, Director, North American Natural Gas, IHS

Bob Ineson (Chair), Managing Director, North American Natural Gas and Global LNG Research, IHSJames Stevenson, Director, North American Coal, IHSSamuel Andrus, Senior Director, North American Gas, IHSJamie Webster, Senior Director, Global Oil Markets, IHSBenjamin Gage, Director, LNG Strategic Research and Forecast, IHS

Kirsten Parker (Chair), Senior Director, Country Risk & Forecasting, IHSNatznet Tesfay, Head, IHS Africa Country RiskTate Nurkin, Senior Director, Thought Leadership, IHS Aerospace, Defense & SecurityDavid Hunt, Senior Manager, Risk Indicators & Analytics, Country Risk, IHS

Power Generation Equipment Cost TrendsThe great recession caused consolidation and rationalization among global power equipment suppliers across all types of equipment from gasturbines to wind turbines. In addition, the investment downturn tempered cost escalation and equipment price increases. This session calibratesthe industry outlook to the global economic recovery.

North American Power Scenarios: Insights on Risk and OpportunityA new generation of long-term energy scenarios focused on North American power, gas and coal markets incorporate the revised expectationsfor oil prices and political stability worldwide. In this interactive session we will describe the IHS approach to the scenario-building process, andpresent our three new scenario narratives and major insights from our research.

Fuel Prices: An IHS PerspectiveFuel prices have tumbled in recent years, changing expectations for the future. IHS experts offer their perspective on what lies ahead.

Energy Infrastructure Security: Managing Exposures from Cyber Threats and Violent RisksGlobal energy companies face increasing challenges from cyber attacks and physical violence. This session will identify key risks andgeopolitical threats and feature threat assessments and case studies of emergent risks to energy infrastructure, personnel and supply lines inkey countries. In each case study we also identify the insights provided by new analytical techniques using social media analysis and geospatialmodelling and share research findings about the predictive, early warning value of these tools and information sources for corporate securitydecision-makers.

Gen. Keith Alexander, former Director, US National Security Agency (2005-2014); Commander, US Cyber Command

Dinner & Keynote Address

8:30 am - 9:30 am

9:30 am - 10:30 am

10:30 am - 10:45 am

10:45 am - 12:00 pm

12:00 pm - 1:30 pm

Friday 24 AprilEnergy’s Grand Challenges

PlenaryBreakfast and Opening Plenary

Plenary - Geopolitical Hotspots & Drivers of Change

Break

The View from MIT

Closing Keynote: Envisioning the Future

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanDaniel B. Poneman, President & CEO, Centrus Energy Corp.John Grossenbacher, Laboratory Director, Idaho National LaboratoryJerry Sussman, President & CEO, GridWare LLC

Cybersecurity and Emerging Infrastructure ThreatsBreakfast will be available starting at 7:30 am

Angela Stent, Professor, Director, Center for Eurasian, Russian and East European Studies, Georgetown UniversityJames Clad, Senior Advisor for Asian Affairs, Center for Naval AnalysesRaad Alkadiri, Managing Director, Energy Insight, IHSCarlos Pascual, Senior Vice President, IHSNicholas Eberstadt, Henry Wendt Chair in Political Economy, American Enterprise InstituteDaniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference Chairman

Geopolitical Hotspots & Drivers of Change

Daniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference ChairmanRobert Armstrong (Chair), Chevron Professor of Chemical Engineering; Director, MIT Energy InitiativeDonald R. Sadoway, John F. Elliott Professor of Materials Chemistry, MITSanjay Sarma, Professor of Mechanical Engineering; Dean of Digital Learning, MITKripa K. Varanasi, Professor of Mechanical Engineering, MITDennis Whyte, Professor of Nuclear Science and Engineering, MIT

Frontiers of Science and Innovation: What Game Changing Technologies are on the Energy Horizon?A panel of leading MIT professors will share insights on the frontiers of innovation, transformation, systems and tools that will reshape theenergy future.

Electrical Chemical Pathways to SustainabilityThe Internet of Things and the Future of Online LearningSurfaces, Interfaces and CoatingsNuclear Fusion: New Superconductors, 3D Printing, and Molten Salt Blankets

Walter Isaacson, President & CEO, The Aspen InstituteDaniel Yergin (Chair), Vice Chairman, IHS;, CERAWeek Conference Chairman

A Conversation with Walter Isaacson