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Securing Our Industry: Australia's Energy Future

This conference and exhibition will explore the challenges and opportunities facing the energy industry, particularly in relation to technology, oil and gas, and the global shift in values. Experts will discuss the impact of economic and political shifts, the depletion of oil reserves, and the need for industry leaders to adapt to changing demands.

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Securing Our Industry: Australia's Energy Future

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  1. APPEA 2005 Conference & Exhibition Securing our Industry 11 April 2005 Perth W Australia Australia’s Energy FutureNoah Built Before it RainedForecast : Floods Conference Plenary Speaker Annimac www.annimac.com.au

  2. Two most powerful industries : . Technology I C T . Energy Oil & gas

  3. Industry secure future ?No Not the way it is

  4. What must change ? Can it change ?

  5. every 5 seconds : new web site every 5 minutes : new technology every day : 15 million new web pages every 5 days : new product / service Amount of change in one day our Grandparents had in one year Younger means faster Rate of Change

  6. Technology e.g. by 2020 70 % types of jobs then do not exist now because 80% technology not yet imagined Driving all Drivers of Change

  7. What’s pushing the industry : . Political power shift . Global economic shift . Global values shift . O&G Big Rollover

  8. O & G Big Rollover : Supply > Demand

  9. Three Wise Monkeys • Oil Companies : - hear no depletion • Governments & International Agencies : - see no depletion • And all agree it would be best to : - talk no depletion

  10. Norway (North Sea) Typical Oil Depletion Curve Werner Zittel , LBST

  11. Saudi Reserves Seriously Overstated Matthew Simmons February 2004 2004 www.SimmonsCo-Intl.com

  12. Study : World oil forecast beset with reserves shortfalls Oil & Gas JournalApril 12, 2004 Douglas - Westwood Ltd Cambridge UK 2004 2016

  13. Oil discovery Oil production Forecast ? ASPO Newsletter 40 April 2004www.PeakOil.net Association for the Study of Peak Oil & Gas

  14. Francis HarperASPO 2004, Berlin IHS and O&GJ Remaining Reserves www.PeakOil.net Data from IHS Energy and OGJ annual reports

  15. Why are oil depletion forecasts • being down played ? • " Do you wish to : • Kill your career • Head the redundancy list • Be blamed for starting the panic ?" Chris Skrebowski Institute of Petroleum www.PeakOil.net

  16. Or is Big Rollover : ( tick one ) a) Only part of humungous dilemma b) Forcing too rapid change c) Change to what ? d) All too scary e) All of the above or f) Nonsense

  17. Everyone agrees : Change is inevitable . Your choice : Understand forces of change or Be victim of future.

  18. What’s pushing the industry : . Political power shift . Global economic shift . Global values shift . O&G Big Rollover

  19. Global Economic power

  20. Economic domination 200 yrs

  21. to Western Pacific Rim

  22. Global Cultural power

  23. Christian domination 500 yrs

  24. Estimated 2 billion people watched world media

  25.  to Confucian / Islam influence

  26. Fastest robanoid

  27. Chi master class with MIT engineers

  28. Gap widening : Knowledge Haves / have nots Age generations Globally networked Shifting Global Values

  29. About Technology not wealth Access Skilling 50 % world popn : no phone Gap : Haves - Have Nots

  30. Gap : Age Generations Four generations : Three worlds • Baby Boomers 45 – 60 yrs Materialism • economic rationalists : profit • material values : tangibles • science as religion : rational • Generation X 30 – 45 yrs • clones of Boomers : materialists or • copy younger : sustainability

  31. Gap : Age Generations Four generations : Three worlds • DotComs 15 - 30 yrs Sustainability • global identity • co opitalism • relationships • holistic win - win – win • Cluetrain Manifesto “ The marketplace is a conversation ” www.cluetrainmanifesto.com

  32. Chinese Technology Centre

  33. Gap : Age Generations • Four generations : Three worlds • Ferals 0 – 15 yrs Virtual • . no limits • .no boundaries • . parallel universes  • . quantum everything • . invent their world • . beyond our imagining • . Indigo children

  34. Gap : Globally Networked • access all knowledge • empowered • confident • passionately committed • global view future • one planet : one future

  35. Impact for Energy Industry • transiting two worlds - accelerating • values shifting to sustainability • Big Rollover value driven • cooperation not competition • young non negotiators • relationships : consumers partners innovators

  36. Impact for Aus Energy Industry • industry leader - how to’s • global location - Asian partners • values shifting to sustainability • not changing fast enough • economic rationalist power • Big Rollover not on agenda • “ She’ll be right, mate.” Science.

  37. Thriving with change :

  38. Thank youwww.annimac.com.au

  39. Very special note of appreciation to Bruce Robinson www.STCwa.org.au for his impeccable knowledge regarding global Oil Depletion and his generosity in sharing it. Thank you, Bruce. annimac

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