The Energy Panel was held within the framework of the XXIX St. Petersburg International Economic Forum

The Energy Panel, organized within the framework of SPIEF-2026, concluded with the traditional forecast of oil prices for the coming year from its participants

Leading industry experts, politicians, and heads of major international energy companies discussed the current challenges and prospects for the development of the global energy market at the Energy Panel of the XXIX St. Petersburg International Economic Forum

Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, concluding his speech at the Energy Panel during the XXIX St. Petersburg International Economic Forum, noted that the formation of the global economy will be significantly affected by the lack of critical natural resources

The oil sector remains the key donor of the Russian economy, stated Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, speaking with a keynote report at the Energy Panel during SPIEF-2026

Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, believes that today Russia is the guarantor of global energy security and the country cannot be excluded from global supply chains

Maintaining tension in the Strait of Hormuz over a long period undermines the long-term demand for oil, stated Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, speaking with a keynote report at the Energy Panel during SPIEF-2026

he OPEC+ organization has lost part of its potential following the exit of a number of its participants, stated Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, at the Energy Panel during SPIEF-2026

The blockade of the Strait of Hormuz is an attempt to change the regulation of the global energy market in the interests of the US, stated Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security

One of the most promising new energy sources are hydrogen storage systems