How energy diversification can drive development | Special pre-ADIPEC preview episode

Oct 29, 2025

Charlotte Wolff-Bye, Group Chief Sustainability Officer at PETRONAS, focuses on net-zero strategies and community empowerment, discussing innovative investments in renewables and carbon capture that support a just transition in Malaysia. Andrew Smart, Senior Managing Director at Accenture, emphasizes the Middle East's role as a vital link between global economies, advocating for digital innovation to enhance regional resilience. Together, they explore how energy diversification can foster economic growth while addressing sustainability challenges.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

INSIGHT

Middle East As Global Energy Pivot

The Middle East can act as a pivot connecting capital, technology and opportunities between the Global North and South.
Andrew Smart argues this positioning enables regional trade, investment and broader economic roles beyond traditional energy exports.

ANECDOTE

Petronas' Nation-Building Record

Petronas has contributed over $350 billion to Malaysia since 1974 and funded 39,000 tertiary scholarships.
Charlotte Wolff-Bye uses these examples to show the national oil company role in nation building.

ADVICE

Build Supplier Capacity For Transition

Support local vendors with training and financing to make them fit for a lower-carbon future.
Charlotte Wolff-Bye describes Petronas' Supplier Support Program for SME capacity building and carbon reporting.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

As global energy systems evolve, emerging economies face a defining challenge: how to secure affordable power for today while investing in the low-carbon solutions that will drive tomorrow’s growth. Can energy diversification unlock a new era of industrial development, resilience, and inclusive prosperity?

In the third and final episode of our special series ahead of ADIPEC 2025, host Ed Crooks is joined by Charlotte Wolff-Bye, Group Chief Sustainability Officer at PETRONAS, and Andrew Smart, Senior Managing Director at Accenture. Together, they explore how countries in Asia, the Middle East and beyond are using integrated energy strategies to build stronger, fairer economies.

Charlotte explains how PETRONAS is redefining its role as a national energy company: supporting Malaysia’s growth through lower-carbon development, capacity-building, and nature-based solutions. She outlines how the company’s investments in renewables, hydrogen, and carbon capture are creating skilled jobs, building local supply chains, and delivering a “just transition” that lifts communities.

Andrew shares Accenture’s perspective from the Middle East, where nations are emerging as pivotal connectors between the Global North and South-linking capital, technology, and opportunity. He discusses how digital innovation, AI, and regional interconnection are reshaping resilience and competitiveness, while new financing and regulatory models aim to make clean-energy investment bankable at scale.

The message from emerging economies is clear: energy transition and economic development can must advance hand-in-hand. Finally, the group considers what a decade of progress might bring us, including more collaborations across borders and across sectors. They explain why new connections such as regional power grids, diversified supplies, and joined-up policies and corporate strategies point to brighter futures for energy and human development.

This is the third and final special episode sponsored by ADIPEC 2025, where the theme is Energy Intelligence Impact. The event brings together 205,000+ attendees and 1,800+ speakers in Abu Dhabi from 3–6 November 2025. The Energy Gang will be recording live at the event. Join us there to be part of the conversation.

Learn more and register at adipec.com.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.