All systems go
New Siemens oil and gas CEO Thorbjoern Fors says that every fuel source and technology should be in the energy mix as the world economy strives towards carbon neutrality
Thorbjoern Fors became the CEO of the oil & gas division of Siemens Energy on 1 April 2020, just as Petroleum Economist was going to press. Taking the helm of the division starts the latest chapter in his 17-year career in the German industrial giant—and also represents the latest corporate milestone in the establishment of a new independent pure-play energy services company. Siemens announced last year that Siemens Energy is to be spun off as a publicly listed company by September 2020. It will address almost the entire value chain across the oil and gas, power generation and power transmission segments. The mechanical engineer has more than 25 years of international experience in busin
Also in this section
27 February 2026
LNG would serve as a backup supply source as domestic gas declines and the country’s energy system comes under stress during periods of low hydropower output and high energy demand
27 February 2026
The assumption that oil markets will re-route and work around sanctions is being tested, and it is the physical infrastructure that is acting as the constraint
27 February 2026
The 25th WPC Energy Congress to take place in tandem as part of a coordinated week of high-level ministerial, institutional and industry engagements
27 February 2026
The deepwater sector must be brave by fast-tracking projects and making progress to seize huge offshore opportunities and not become bogged down by capacity constraints and consolidation
