Leaders of three leading European oil companies gave their 23rd World Petroleum Congress plenary audience a robust view of their capacity to lead from the front as the world enters an era of energy transition.

Discussing innovative energy solutions, TotalEnergies chief executive Patrick Pouyanne argued that the world will only make a success of energy transition if the duality of the challenge is embraced.

Referring to climate targets enshrined in the 2016 Paris goals, Pouyanne said energy goes to the heart of the challenge of decarbonisation and needs to be reinvented in little more than a decade.