Day 1, ADIPEC 2024: Global ministers and CEOs call for accelerated innovation and collaboration to fast-track energy transformation

ABU DHABI, UAE, Nov. 4, 2024 /PRNewswire/ -- ADIPEC 2024 opened today, marking 40 years of energy stewardship by uniting world leaders under the theme of "Connecting Minds. Transforming Energy." 

His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, delivered the opening address and rallied the energy industry to lead the world to the next phase of sustainable socioeconomic growth. He called on the industry to capitalise on the opportunities of the global megatrends and said that harnessing the megatrends require unprecedented cross sectoral integration to accelerate sustainable growth.

"We stand at the dawn of a new era of hope and possibility, defined by three megatrends: first, the rise of the global south and emerging markets. Second, the transformation of energy systems, and third, the exponential growth of Artificial Intelligence. These three megatrends present mega opportunities that demand mega solutions. By 2050, 1.7 billion people will join our planet, mostly in the Global South. As a result, energy markets must shift and grow and energy systems must be transformed."

Being held in Abu Dhabi from 4-7 November, ADIPEC 2024 is expected to gather over 184,000 attendees. More than 40 ministers and 200 global C-suite executives will be among the 1,800-plus speakers who will contribute to the 370-plus conference sessions.

These varied global perspectives will address key energy transition priorities, emphasising the need to embrace transformational solutions such as artificial intelligence to empower lives around the world and drive global sustainability and prosperity.

The event's commitment to innovation and cross-border collaboration was further affirmed during ADIPEC's first Ministerial Panel, titled 'The new global leaders and the energy transition', which addressed the role of policy and cross-border cooperation in shaping the energy transition and expanding access to groundbreaking climate technologies.

The session heard insights from His Excellency Suhail Mohamed Faraj Al Mazrouei, Minister of Energy and Infrastructure, United Arab Emirates; His Excellency Shri Hardeep S Puri, Minister of Petroleum and Natural Gas, India; Honourable Ruth Nankabirwa Ssentamu, Minister of Energy and Mineral Development, Republic of Uganda; and His Excellency Karim Badawi, Minister of Petroleum and Mineral Resources, Arab Republic of Egypt.

His Excellency Suhail Mohamed Faraj Al Mazrouei, Minister of Energy and Infrastructure, United Arab Emirates, said: "Our leaders in the UAE have always thought of the future, and we are committed to investing in more energy resources to ensure adequate supply. We are privileged to have leadership that cares about investment in energy, and our commitment to renewables, nuclear and conventional energy will continue."

ADIPEC also featured insights from private sector leaders, as they explored the difficulties of balancing business priorities and rising energy consumption with the realities of climate change.

During a session titled 'Meeting escalating global energy demand whilst transitioning to a low carbon energy system', attendees heard from the energy industry's top executives, including Murray Auchincloss, CEO, bp; Wael Sawan, CEO, Shell; Tengku Muhammad Taufik, President & Group CEO, PETRONAS; Claudio Descalzi, CEO, Eni; and Musabbeh Al Kaabi, Executive Director, Low Carbon Solutions & International Growth, ADNOC.

Wael Sawan, CEO, Shell, shared his company's approach to the energy transition: "We fundamentally believe that the world needs much more energy, and specifically more diversified forms of energy. As a company, we must be very clear about where we can invest our capital. Decarbonising our existing assets is the first step, and the next step in this process is changing our operations."

The world's leading international energy organisations also made important contributions throughout day one, leveraging their unique experiences with global cooperation and energy diplomacy to outline the collective efforts required to accelerate wide-scale decarbonisation in every corner of the world.

Brian Sullivan, CEO, IPIECA, said "Our industry has the skills, expertise and experience to address the issues surrounding the energy transition, and we must bring together our drive to enhance the environmental and social performance of oil and gas, integrating energy transition with sustainable development."

The new Finance and Investment Conference provided a platform for leaders from government, finance, and energy to discuss the disparity between capital flows and the investment necessary for a fair and equitable transition. This was summarised in a panel on "Bridging the gap: energy and financial cross-sector collaboration to advance new projects", by Reinhard Florey, CFO, OMV:

"There are specific energy solutions for which we need capital. However, there is also an extended value system that we need capital support on. These extended networks, such as infrastructure, need to be built, and we encourage lenders to consider this opportunity. It takes a lot of specialist know-how to make the technology work, but it also takes the right infrastructure."

AI remained a critical focus of ADIPEC 2024, as this year's event featured the all-new AI Zone, where industry experts and business leaders showcased the technology's power to revolutionise energy systems, enhance grid resilience and unlock new investment opportunities.

With AI set to play a critical role in our energy future, ADIPEC will serve a critical platform for accelerating investment and collaboration around this transformative solution, building on 40 years of fostering innovation and sustainable progress in the global energy transition.

About ADIPEC

Under the patronage of H.H. Sheikh Mohamed Bin Zayed Al Nahyan, President of the United Arab Emirates, and hosted by ADNOC in Abu Dhabi, UAE, on 4-7 November 2024, ADIPEC is the world's largest energy conference and exhibition.

Building on 40 years of energy leadership, ADIPEC 2024 will enable innovation and accelerate action, exploring the intersection of energy and AI to drive the transition and deliver global impact.

The ADIPEC Conferences will comprise of 10 conferences and 370+ conference sessions, featuring 1,800+ speakers, including ministers, CEOs, academics, energy experts and youth. These diverse voices – united under this year's theme "Connecting Minds. Transforming Energy." - will be invited to consider how collaborative energy innovation can empower lives and drive global prosperity.

The ADIPEC Exhibition, spanning 16 halls, will feature 2,200+ exhibitors including 54 NOCs, IOCs, NECs and IECs, 30 country pavilions, and four specialised industry areas focused on decarbonisation, digitalisation, maritime and logistics, and AI. The exhibition will provide a platform for the energy world to demonstrate its game-changing solutions and forge the cross-sector partnerships needed to deliver secure, equitable and sustainable energy for all.

For more information, visit www.adipec.com  

For media content, visit: https://mega.nz/folder/QcJThQpZ#ZCy9amQdWooIr2sCi6slXQ

To register as media, visit https://www.adipec.com/press-media/media-registration/ 

About ADNOC 

ADNOC is a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi. ADNOC's objective is to maximise the value of the Emirate's vast hydrocarbon reserves through responsible and sustainable exploration and production to support the United Arab Emirates' economic growth and diversification. To find out more, visit: www.adnoc.ae  

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Day 1, ADIPEC 2024: Global ministers and CEOs call for accelerated innovation and collaboration to fast-track energy transformation

Day 1, ADIPEC 2024: Global ministers and CEOs call for accelerated innovation and collaboration to fast-track energy transformation

Day 1, ADIPEC 2024: Global ministers and CEOs call for accelerated innovation and collaboration to fast-track energy transformation

NEW YORK, Nov. 4, 2024 /PRNewswire/ -- In today's world, for young couples on the brink of engagement, the question is no longer whether to follow tradition or pursue individuality. As younger consumers continue to seek personalized and unique aesthetics, conventional engagement rings are falling short of their expectations. StarlandUS, a brand known for its distinctive engagement rings, has observed that this year, customers are expressing unique preferences not only in ring styles and gemstone materials but also in the shapes of the gemstones themselves. At StarlandUS Boutique, coffin-shaped engagement rings are catching the eyes of an increasing number of young people, even surpassing traditional pear shapes to become the go-to choice for those seeking personalized engagement rings.

Unique design remains a constant expectation for young people and a relentless pursuit for StarlandUS Boutique.

The rise of coffin-shaped engagement rings represents a spirit of challenging tradition and expressing individuality. For those seeking to stand out, these young individuals hope to exhibit their unique personalities through this token of eternal love. With its bold and striking design, the coffin shape perfectly meets this desire.

Of course, StarlandUS aims to provide not just unique gemstone cuts, but also distinctive style designs that breathe new life into the rings. At StarlandUS Boutique, the "Crescent Moon" collection, inspired by the cosmos, is undoubtedly a favorite among users, and the "Till Death" ,"Coffin Kite", and "Bat Ring" collection, developed with coffin shapes, are not far behind. The "Bat Ring" collection has garnered significant attention on Instagram, with tens of thousands of users responding positively—many even offering their unique ideas to the brand, playing the role of "remote designers."

Speaking of uniqueness, wouldn't it be even better if it could also meet personalized needs? On this point, StarlandUS and its users are in complete agreement, offering thoughtful customization options on their website along with various personalized customization services.

For each ring to have meaning, it must truly resonate with the expressive personalities of young people.

"Meaning! It has to have meaning!" That's the most common sentiment expressed to StarlandUS designers.

Without meaning, a coffin-shaped gemstone is merely a peculiarly shaped stone. However, for StarlandUS designers and users, it represents "Till Death Do Us Part," a vow of unwavering love, an enduring existence beyond temporal love.

StarlandUS believes each ring carries its significance, with the aspiration that every ring born here represents the purchaser's deepest emotions. When used to propose, it becomes a declaration of love itself. At StarlandUS Boutique, you'll find expressions like "Till Death Do Us Part" and"I Love You to The Moon and Back." You can even incorporate a loved one's birthstone into the ring, symbolizing"You are always in my heart."

Striking the perfect balance between expressing the tenderness of love and allowing young people to showcase their individuality is the fundamental reason why StarlandUS and its coffin-shaped engagement rings are so popular among the younger generation.

Conclusion

As a brand in constant pursuit of innovation and uniqueness, StarlandUS, through its coffin-shaped engagement rings, not only offers a distinctive choice for the younger generation but also reveals new possibilities for engagement rings. Looking ahead, StarlandUS will continue to uphold its brand philosophy, while conveying love and imbuing each ring with more stories and meaning, striving to help every user express their unique self. As the StarlandUS brand advocates, "Discover your unique self with StarlandUS."

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

StarlandUS Sets the Trend: Coffin-Shaped Engagement Rings Emerge as a Personalized Choice Among Young Adults