OPEC Award for Research
Øystein Noreng

OPEC Award for Journalism
Steve Voss

The OPEC International Seminar is now regarded as one of the premier events on the world energy calendar, bringing together Ministers from OPEC Member Countries and other oil-producing countries, heads of intergovernmental organizations, chief executives of national and international oil companies, other industry leaders, renowned academics, analysts and media.

The 5th OPEC International Seminar, held in Vienna’s historic Hofburg Palace on 13–14 June 2012, focussing on the theme ‘Petroleum: Fuelling Prosperity, Supporting Sustainability’. The latest in the series of Seminars, which began in 2001, provided fresh impetus to key industry issues and developed existing and new avenues of dialogue and cooperation.

The event’s insightful presentations and panel discussions sought to move the energy debate forward, with the high-calibre speaking line-up discussing a wide range of topical issues affecting the industry, both in the short- and long-term, against a backdrop of significant uncertainty, such as the ongoing global financial turmoil, the economic malaise that continues to grip many parts of the world and geopolitics.

The event had four main sessions, titled ‘The Global Energy Scene’, ‘Oil and the World Economy’, ‘Capacity Expansion and Investment’ and ‘Technology, Environment and Policies’. It concluded with a panel discussion focused on ‘Petroleum for Progress and Cooperation’.

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