Veriten

Today we had the honor of welcoming back our good friend Dr. Daniel Yergin, Vice Chairman of S&P Global, Chairman of CERAWeek, and Pulitzer Prize-winning author of “The Prize” and more recently “The New Map.” He is widely recognized as one of the foremost experts on energy, geopolitics, and the global economy and his achievements and contributions to the energy industry are immense. We were delighted to have an hour of Dan’s time to hear his latest insights on the evolving energy landscape and to preview key themes and discussions at CERAWeek, which is kicking off in just under two weeks.

Today we had two stellar guests for a COBT discussion focused on Germany’s significant upcoming election on February 23. We had the pleasure of hosting our good friend Dr. Lars Schernikau alongside Dr. Daniel Stelter. Lars is an energy economist, commodity trader, entrepreneur, and the author of “The Unpopular Truth about Electricity and the Future of Energy.” We have known Lars for a few years now and reached out to him for advice on an expert voice on the German elections, economy and overall macro outlook. He recommended Daniel and we were thrilled to get them both to join us. Daniel is an acclaimed macroeconomist and strategy consultant and his background includes 20 plus years as Senior Partner and Executive Committee Member at Boston Consulting Group (BCG). More recently, he founded the think tank “Beyond The Obvious.” We were delighted to visit with Lars and Daniel.

Today we were delighted to welcome the Hon. Lisa Raitt, Vice-Chair of Global Investment Banking at CIBC, for an insightful discussion focused on the implications of recent U.S.-Canada #tradedevelopments. Lisa joined CIBC Capital Markets in 2020 following an eleven-year tenure in the Government of #Canada. Her distinguished career includes serving as Deputy Leader of the Official Opposition and the #ConservativeParty of Canada, as well as serving as Minister of Natural Resources, Minister of Labor, and Minister of Transport. We were thrilled to host Lisa and hear her valuable perspective on the evolving #tradedynamics between the U.S. and Canada.

It’s a big week in #Houston with NAPE Expo LP in town, and we were thrilled to welcome our good friend David Bat, President of Kimberlite Research, for an in-depth discussion of the latest #OFS activity, trends, and technologies. David joined Kimberlite in 2015 and holds over 30 years of experience spanning #upstream, #power, and #oilfield #research. Kimberlite is a #global oil and gas market research and consulting firm that gathers insights from more than 20,000 hours of annual interviews with industry professionals to analyze market trends and benchmark performance for oilfield equipment and service providers. We were excited to hear David’s perspectives on the evolving OFS landscape.

It was our privilege today to welcome Philippe Ducom, President of ExxonMobil Europe, for a discussion centered on Europe’s challenges regarding #energy #policy and overall economic competitiveness. Philippe has been with ExxonMobil for 37 years and began his career as an #engineer at the Notre-Dame de Gravenchon Chemical plant in Seine-Maritime. Over the years, he has held a variety of senior positions across #manufacturing, #business #analytics, #planning, #sales, and #marketing, working in #Europe, #Japan, the #UnitedStates, and #SaudiArabia. Before being appointed as President of ExxonMobil Europe in 2018, Philippe served as Chairman, CEO, and President of ExxonMobil Saudi Arabia and previously led ExxonMobil Japan as Lead Country Manager. We noticed Philippe’s post, “Red tape is driving investment out of Europe – and threatening the energy transition,” in October of last year and have been eager to discuss. We were thrilled to host Philippe and learn from his unique perspectives and outlook for Europe.

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Today we had the honor of hosting Chairman Thomas Gleeson of the Public Utility Commission of Texas for an insightful and timely discussion focused on #power, the dynamics involved, and the power revolution happening in #Texas and #globally. Chairman Gleeson was appointed by Governor Greg Abbott to his role in January of 2024. He brings 15-years of experience at the #PUCT, where he previously served as Executive Director, Chief Operating Officer, Director of Finance and Administration, and Fiscal Project Manager. Prior to joining the PUCT, Chairman Gleeson worked as a legislative analyst for the Texas Senate and as a budget analyst for the Legislative Budget Board. He earned a Master of Public Administration from Texas A&M University. The PUCT is responsible for economic regulation of Texas’s #electric, #telecommunication, #water and #wastewater #utilities. We were thrilled to visit with the Chairman.

Congrats to Team Orennia!

Many of you have likely noticed the growing interest in #Greenland making headlines recently, including the U.S.’s overt interest in potentially “acquiring” the country. As we’ve followed these developments, we have been intrigued to explore further and were fortunate to connect with Dr. Mark Nuttall, Professor and Henry Marshall Tory Chair of Anthropology at the University of Alberta and Adjunct Professor at the Greenland Climate Research Centre. Mark joined the University of Alberta faculty in 2003 and became affiliated with the University of Greenland and the Greenland Climate Research Centre in 2012. He holds a Ph.D. in Arctic #Anthropology and his research focuses on the societies and environments of the circumpolar North and Northern Europe. Mark is also the author of several books, including his most recent, “The Shaping of Greenland’s Resource Spaces: Environment, Territory, Geo-Security.” We were delighted to host Mark for an insightful discussion on Greenland’s #global significance.

We are delighted to announce that Dr. Robert Kester has joined Veriten as Partner, Technology & Innovation. Robert most recently served as the Chief Technology Officer for Emissions Solutions within Honeywell Process Solutions (HPS) and was with Honeywell for 5 years before leaving to join Veriten. Previously, Robert was the CEO and Co-Founder of Rebellion Photonics, a technology company providing hyperspectral gas imaging solutions for the oil & gas industry, which was acquired by Honeywell in 2019. Robert is an inventor of Rebellion’s novel snapshot hyperspectral imaging technology and has 25 patents and 26+ pending. Robert has won numerous awards including The Wall Street Journal’s Startup of the Year and an R&D 100. He holds a B.S. in Laser Optical Engineering Technology from Oregon Institute of Technology, a M.Sc. in Optical Sciences from the UArizona Wyant College of Optical Sciences, and a Ph.D. in Bioengineering from Rice University. We are thrilled to welcome Robert to the Veriten team and are confident that his technical expertise and skills will make a big contribution to Veriten's partner and investor community. He will range over every aspect of what we do, with the "use case" for #AI in #energy high on the 2025 priority list.