Sashi Mukundan

bp p.l.c.

President, bp India; Senior vice president, bp group

Sashi leads the gas and low carbon energy business in India in addition to overseeing the wider operations of all bp group companies in the country. He is a senior member of the bp leadership team and is present on the boards of India Gas Solutions Ltd., Reliance BP Mobility Limited, Castrol India Limited and BP Exploration (Alpha) Ltd. Currently responsible for strengthening bp’s portfolio and integrated energy offer in India, Sashi is the Chairman of the National Committee on Hydrocarbons of CII (Confederation of Indian Industry). Sashi was closely involved in forging the landmark partnership between bp and Reliance Industries Ltd. (one of India’s largest private companies) across the entire gas value chain. He has 40 years of experience in strategic planning, finance and commercial business development in a variety of assignments in the U.S. and Asia. Sashi holds a BS degree in Physics and an MBA in Marketing from Mumbai University. After completing his studies in India, he went to the U.S. and obtained an MBA in Finance.

Sessions With Sashi Mukundan

Thursday, 21 October

  • 03:10pm - 03:40pm (IST) / 21/oct/2021 09:40 am - 21/oct/2021 10:10 am

    From Oil & Gas Companies to Energy Companies

    Live Stream

    With increasing focus on net-zero targets, including scope 3 emissions, many oil and gas companies are revaluating their portfolio mix. At the same time, returns on cleantech investments have been much higher than oil and gas. And ESG goals are driving investors away from oil and gas investments. Many large IOCs are accelerating low-carbon investments while significantly reducing oil and gas exploration and investments in new projects. Prior attempts to restructure the portfolio have been largely unsuccessful. What is different this time? What would be the ideal portfolio mix for an energy company? With the recent run-up in oil and gas prices, is it a good strategy to reduce oil/gas investments? What skills will oil and gas companies need to transform themselves into energy companies? What role will financial institutions have in accelerating this transition?