Lorenzo Simonelli: no energy transition without oil, gas, and global cooperation
In an exclusive interview with Energy Connects at the 9th OPEC International Seminar, Lorenzo Simonelli, Chairman and CEO of Baker Hughes, tackled the realities of today’s energy landscape, where a $17.4 trillion investment is needed to meet global demand while staying on course toward a lower-carbon future. He emphasised the enduring role of oil and gas through the 2030s, the importance of making hydrocarbons cleaner, and the critical need for pragmatic, technology-driven solutions. Lorenzo also outlined Baker Hughes' strategy for driving emissions reductions, advancing hydrogen and geothermal, and working hand-in-hand with governments, NOCs, and communities.
