Oil Giants Qatar, Exxon, Total & Shell Discuss Transition to New Energy

The video discusses the challenges of achieving a global net zero economy by 2050, focusing on the role of oil companies and national oil companies in the energy transition. It highlights the need for new oil supply, the pressure on companies to reduce emissions, and the strategic shifts required. The discussion includes insights from industry leaders on balancing the transition with the need for affordable energy, and the potential returns on renewable investments.

What is the International Energy Agency's stance on new investments in oil and gas fields for achieving a global net zero economy by 2050?

• Encourages new investments

• No new investments

• Limited investments

• Increased investments

Which companies are expected to fill the gap in oil supply by 2050?

• Major oil companies

• National oil companies

• Renewable energy companies

• Private investors

What is Qatar's investment focus in the energy transition?

• Solar energy

• LNG exports

• Nuclear energy

• Wind energy

What dual challenge do energy companies face according to the discussions at the Qatar Economic Forum?

• Expanding and contracting operations

• Providing reliable energy and reducing carbon emissions

• Increasing and decreasing oil prices

• Balancing profits and losses

What strategic shift is Exxon undergoing as discussed in the forum?

• Transitioning to a lower carbon future

• Reducing workforce

• Investing in coal

• Increasing oil production

What court ruling did Shell face regarding emissions?

• Increase emissions by 45%

• Double emissions

• Cut emissions by 45%

• Maintain current emission levels

What is Shell's strategy for decarbonizing its customers?

• Focus solely on internal emissions

• Ignore customer emissions

• Profitably decarbonize

• Increase fossil fuel usage