Eduard Ruijs

Eduard Ruijs oversees Vitol’s portfolio in gas, power, renewables and infrastructure assets and companies as well as the development of Vitol’s growing portfolio of transitional and sustainable energy investments. He is co-leading the Investments & Origination group, and is representing Vitol on the board of VTTI, Vigo, Vortex and WPU. He led the firm’s recent investment in Delfin LNG.

Eduard joined Vitol in May 2023, and before that was leading BlackRock’s infrastructure investments business in EMEA and Asia, and was responsible for the fund’s investments in Kellas Midstream (and its H2NorthEast project), ADNOC Oil Pipelines, Aramco Gas Pipelines, Tata Power Renewables, GasLog LNG, PetroFirst, Covanta Dublin Waste to Energy, Renovalia Energy (and Demex) and Medgaz.

He began his career at Kearney before moving to The Boston Consulting Group and NIBC Infrastructure Partners. In 2011 he joined First Reserve Corporation as a managing director focused on investments in the energy sector, before moving to BlackRock in 2017.

Session Overview

Wednesday, 4 November

11:40

Clean Power, Molecules & Carbon Management Plenary Hall A 11:40 - 12:00

Energy diversification as strategic defence: how oil shocks are accelerating the clean energy build-out

Two major shocks in five years have shown that diversification is a security imperative, not just climate policy. Countries that invested in multiple generation sources, strategic reserves and domestic capacity are absorbing the disruption measurably better than those that did not. Clean energy investment reached USD 2.3 trillion in 2025, but this is addition, not replacement. Global demand continues to grow, fossil fuels still supply more than 80% of the world's energy, and no single source can carry the load alone. The goal is not to swap one dependency for another but to broaden the supply base across fuels, molecules and electrons, accepting managed interdependence, not self-sufficiency, as the realistic path.

Attendee Insights:
Assess where diversification into clean electrons, nuclear and storage creates genuine security, and where it introduces new vulnerabilities.