Takayuki Ueda

Takayuki Ueda is President & CEO of INPEX CORPORATION, Japan’s largest oil and gas exploration and production company. He has served in this capacity since 2018 and has more than 30 years of experience in the energy industry and international affairs. Prior to joining INPEX in 2017, Mr. Ueda was a career bureaucrat at the Ministry of Economy, Trade and Industry (METI) of Japan, where he most recently held the posts of Director-General of the Agency for Natural Resources and Energy and Vice Minister for International Affairs. During his tenure of these positions, he took the lead on energy and trade negotiations with foreign governments. In January 2021, Mr. Ueda announced INPEX’s strategy towards a “Net Zero Carbon Society by 2050” and has since led the company’s transformation and growth to deliver a competitive advantage in the energy transition. Under his leadership, INPEX has accelerated the decarbonization of its core upstream business operations while shaping itself as an innovative pioneer of energy transformation and reducing emissions through carbon capture and storage and projects centered on clean energy such as hydrogen and renewables. Mr. Ueda is a graduate of the University of Tokyo’s Faculty of Law. He also holds a Master of Laws from Washington State University.

Session Overview

Monday, 4 November

All Sessions

15:00

Strategic Conference ICC Hall 15:00 - 16:00

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Transition and innovation: how companies are shaping the future of energy

The global energy transition is set to dramatically reshape the energy landscape. Currently, about 80% of global energy is derived from fossil fuels, but the IEA’s Net Zero Emissions by 2050 Scenario aims for renewable energy to constitute two-thirds of global supply by 2050. Achieving this target is no small feat and will necessitate a substantial shift in how energy companies look at their business, profoundly affecting their entire value chain—from strategy to production to the end consumer. In response to this, numerous energy companies have embarked on a transformative journey. Companies are approaching the transition in different ways, with many using innovative approaches, from shifting business models, to changing their product portfolio, to providing differentiated consumer experiences. The pressing question remains: How can energy companies adapt to this rapidly evolving energy landscape, and what strategic insights can they learn from the trailblazers who have successfully navigated this transition?

Attendee insights:

Energy leaders – from traditional energy players and renewable providers to new entrants – will provide their perspectives on how their organisations are navigating the energy transition and how are they innovating to achieve their goals.