VIDEO: Moving toward an energy transition anchored in balance, inclusivity, and practicality

Amin Nasser
President and CEO 
Energy Intelligence Forum 2025

When the history of the global energy transition is written, I believe historians will view this current period as the defining moment. 

A moment when the world learned the truth about the progress. 

The big promise was abundant, affordable, and secure energy; new jobs; and lower emissions. 

Instead, more than a decade later, costs are rising, grids are fragile, and emissions are not falling.

We are determined to remain dominant in oil thanks to a massive resource base, low costs, and one of the lowest upstream carbon intensities across the industry.

We are accelerating in gas, as we have some of the world largest reserves, including significant potential in unconventional gas.

And despite the current downturn, chemicals remain a key long-term growth area, with our proven strengths in both feedstocks and conversion.

We continue to deliver efficiency improvements and are further reducing our upstream carbon and methane intensities.

We are deploying AI at scale, backed by major investments in infrastructure and top talent, as well as a seven billion dollar venture capital program.

This realistic, balanced, and inclusive transition sweet spot the world needs.

And I believe it is now within our reach.