Murray Auchincloss

As bp’s CEO, appointed in January 2024, Murray leads bp’s strategy – to transition bp from an International Oil Company to an Integrated Energy Company. Murray is the fourth generation of his family to work in energy – joining Amoco in 1992 and then bp when the two companies merged in 1998. He has held senior roles in finance and management, including as chief of staff to the bp CEO from 2010 to 2013. Most recently he has been bp’s chief financial officer and a member of the board of directors. As CFO he led a major modernisation drive in bp finance, including building the financial frame on which bp’s strategy rests. Murray is also a member of the board of directors for Aker BP ASA, Norway. He has a degree in commerce from the University of Calgary, Canada, and qualified as a chartered financial analyst at the University of West Virginia, USA.

Session Overview

Monday, 4 November

All Sessions

13:00

Strategic Conference ICC Hall 13:00 - 14:00

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Meeting escalating global energy demand whilst transitioning to a low carbon energy system

The IEA projects global demand for oil and gas is set to peak by 2030, with all major climate scenarios concluding that the 2050 energy mix will include oil and gas, albeit in smaller volumes than today. As the world continues to rely on energy for economic growth and technological advancement, oil and gas will have an important role to play in providing a stable and affordable energy supply. However, the industry is navigating multi-faceted challenges around delivering the required energy supply, meeting the expected returns of their public and private shareholders, and achieving decarbonisation and climate ambitions. How can oil and gas companies balance these different requirements? How are they working across the different value chains to help manage the demand? How are they future proofing their business model and operations through their investments?

Attendee insights:

Global CEOs will share insights into how they are balancing business priorities whilst meeting the rapidly increasing energy demand and the realities of climate change.