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PESA VIC/TAS: National Geoscience Champion Lecture Tour – Peter Moore
PESA VIC/TAS invites you to our technical luncheon on Tuesday 2nd June at Henry and the Fox, Melbourne
“Petroleum geoscience and the energy transition: a personal historical perspective and predictions for the future“
Presented by Peter Moore (AGC/PESA National Geoscience Champion Lecture Tour 2026)
The petroleum industry was technologically advanced by the mid 1900s, but a number of developments over the last half century stand out in the areas of seismic, sequence stratigraphy, assessment technologies, deepwater plays, drilling, offshore developments, CSG and shale, which will be discussed, including from a personal perspective. These developments have served to maintain the competitiveness of the petroleum industry and have satisfied an increasing demand over time.
However, a key question for the industry is its future role in the evolving energy transition. Analysis is difficult because there are multiple competing narratives and strong vested interests:
Today we sit at a pivot point, with a growing divergence of possible energy futures, depending on how the world balances economic growth, energy poverty, geopolitics, and great power competition against emissions reduction, fossil fuel elimination and climate change concerns.
In the decade since the Paris agreement and despite significant progress, the 1.5oC goal is lost and fossil fuel’s contribution to energy consumption remains at 80%.
While both sides (fossil fuel supporters and renewable proponents) argue their case, the next 15 years at least is becoming clearer – a US/China energy and manufacturing divide, huge growth of renewables but matched by overall energy growth, the emergence of nuclear, and the persistence of petroleum, especially gas.
Despite trillions of dollars spent on the energy transition, we have underestimated the difficulty in speedily transitioning the world’s energy and industrial infrastructure, and have underestimated global growth, including overall energy consumption. This can be seen by comparing predictions and model outcomes published over the last decade.
For today’s petroleum geoscientists, technology and jobs will continue to evolve while new areas are likely to include advanced geothermal, CCS, and potentially natural hydrogen. As fields decline and new developments and discoveries become smaller, more effort and technology are required from petroleum companies and individuals to deliver the energy the world still demands.
Peter will also add updated comments related to the Straits of Hormuz and the US/Iran conflict.

Image credit – Jenny Yerimey
Event Details:
- Date: Tuesday, June 2nd, 2026
- Time: 12:00 PM – 2:00 PM
- Venue: Henry and the Fox, 525 Little Collins St, Melbourne VIC 3000
Agenda:
- Networking and social drink (12-12:30pm)
- Lunch (12:30 – 1pm)
- Technical presentation (1-1:40pm)
- Questions/Discussion (1:40-2pm)
Refreshments:
- Lunch and drinks will be provided at the venue.
Fee: (Apologies for the increase, but Henry and the Fox have raised their rates)
- $70 per person (Members of PESA, ASEG, and SPE)
- $90 non-members
- $30 Students




