Vikram Singh Mehta

Centre for Social and Economic Progress (CSEP)

Chairman & Distinguished Fellow

Vikram Singh Mehta is Chairman and Distinguished Fellow at CSEP. Vikram Singh Mehta was the Executive Chairman of Brookings India and Senior Fellow, Brookings Institution from 2012 to 2020. Prior to that, he was the Chairman of the Shell Group of Companies in India (1994-2012); Chief Executive of Shell Markets and Shell Chemicals, Egypt (1992-1993); Advisor, Strategic Planning to the state-owned company, Oil India (1984-1988). He started his career by joining the Indian Administrative Service in 1978. He resigned from the service in 1980. Vikram is an independent, non-executive, director of Larsen and Toubro Ltd., Mahindra and Mahindra Ltd., Colgate Palmolive India Ltd., Apollo Tyres, Hindustan Times and Jubilant Foods. He is also on the board of Thomson Reuters Founders Share Company. Vikram is on the Board of Overseers of the Fletcher School of Law and Diplomacy, Tufts University; the Global Advisory Board of Macro Advisory partners; and the Board of Governors of the Deen Dayal University of Petroleum. Vikram was the recipient of Asia House’s “Businessmen of the Year” award for 2010. He also received the Asia Centre for Corporate Governance and Sustainability’s Award for “Best Independent Director” in India for 2016.

Sessions With Vikram Singh Mehta

Wednesday, 20 October

  • 05:35pm - 06:05pm (IST) / 20/oct/2021 12:05 pm - 20/oct/2021 12:35 pm

    Executive Conference

    Balancing Interests of Oil & Gas Consuming and Producing Nations

    Live Stream

    The global oil markets have undergone numerous oil price cycles since the 1960s. The energy transition will alter how these cycles come about—and how long they last. Historically, demand pressures were the prime catalyst of long-lasting cycles of deficit and rising prices. But this situation is changing as supply-side dynamics become the prime catalyst, which could shorten both cycles of surplus and deficit. Weakening oil demand, hurdles to investment, and highly reactive barrels explain this shift. The result is shorter price cycles. Will peak oil demand in OECD countries and regulations to restrict oil/gas investments create more price volatility? What should large energy importers do to adapt to shorter price cycles and periods of greater volatility? Why are we seeing such significant price volatility in gas prices? What is the role of shale oil as the most reactive part of the oil industry to dampen price cycles, especially as the energy transition accelerates? How will oil market management of OPEC+ evolve as the global energy mix changes to new energy sources such as renewables, hydrogen, and carbon capture?