At the 2022 ADI Forum, Kirsty McCormack, VP of Special Projects ,BP, and Heath DePriest, VP of Emerging Energy, Phillips 66, discussed the industry’s readiness for energy transition during the Navigating the Energy Transition panel, moderated by Uday Turaga, CEO of ADI Analytics. McCormack outlined BP’s strategy as a “greening company”, emphasizing its commitment to reducing oil and gas production by 40% by 2030 as part of its net-zero ambition. The discussion also addressed BP’s broader sustainability goals beyond emissions, focusing on operational and financial shifts to accelerate green energy solutions.
Both McCormack and DePriest highlighted the importance of preparedness and innovation, stressing that industry-wide collaboration and strategic investments were key to navigating a sustainable energy future. They underscored the need for scalable solutions, ensuring that companies could adapt to evolving regulations and market expectations while driving progress in renewable and low-carbon technologies.
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ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.
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