Andreas Shiamishis at ADIPEC 2026 on the new energy landscape and the opportunities ahead

HELLENiQ ENERGY CEO Andreas Shiamishis participated in ADIPEC 2026 in Abu Dhabi, one of the world's largest energy events. In his remarks on panels with leaders of major energy companies, he addressed how geopolitical developments, shifting trade flows and rising demand are reshaping the global energy landscape, creating challenges as well as opportunities.

Mr Shiamishis spoke on two panels: the ADIPEC Strategic Conference panel "Turning disruption into advantage: resources, power and global growth" and the ADNOC Trading Forum panel "An Insider's View on the State of Global Oil Trading." Fellow panellists included senior executives from leading oil trading and energy technology companies.

He noted that the successive crises of recent years have become a permanent feature of the energy environment: the financial crisis, the pandemic, the war in Ukraine and, most recently, developments in the Persian Gulf. In this environment, companies need agility not only to withstand volatility but also to seize the opportunities it creates. That means adapting resources, supply chains and market strategies, striking the right balance between growth and risk management, and making decisions quickly.

This ability to adapt, he said, lies at the core of HELLENiQ ENERGY's progress. Through its transformation programme, the Group has built a new business model and strengthened its resilience early on, with diversified supply sources and adequate inventory levels. Its location is another key advantage: the Group's three coastal refineries sit in the Mediterranean, at a crossroads of energy flows.

On the energy transition, he stressed the need for realism and balance. Global demand continues to grow, and hydrocarbons still meet more than 50% of the world's energy needs. The transition must move forward with a diverse mix of energy sources that delivers sustainability, security of supply and affordability at the same time.

On European energy policy, Mr Shiamishis said that the focus of previous years on the environmental dimension alone had led to limited investment in refining. He added that the approach now appears to be changing, although it remains unclear whether this shift will last.

ADIPEC (Abu Dhabi International Petroleum Exhibition & Conference) is held with the support of ADNOC and covers the full spectrum of the energy industry, from oil and gas to new technologies and energy transition. This year's edition takes place from 2 to 5 November. It brings together more than 40 energy ministers and the CEOs of major energy companies, with more than 172 countries and 2,250 companies represented. Visitor numbers are expected to exceed 240,000.