Energy Economics: Impact of Global Decisions on the Heavy Oil Sector

With many oil producing countries, especially in the Middle East, are preparing for a less oil dependent future. There is a change in national policies and strategies in the region, creating a ripple effect on global policies and the future of many economies, especially those of emerging countries. NRGI Middle East and North Africa director Laury Haytayan spoke on a panel at the World Heavy Oil Congress and Exhibition with Mustafa Ansari, a senior economist with APICORP session. Their conversation focused on:

• The impact of IPOs, M&A and growing investments in the downstream sector on global energy policies
• Analysis of the growing demand for renewable energy technology and how this demand impacts the oil and gas sector on a macro level
• Becoming future ready: analysis of the impact of cryptocurrencies, IPOs and crowdfunding on conventional oil investments, and what banks, investment companies and operators need to do to keep up with the disruption