From exploration to distribution, the energy industry is confronting historic challenges and opportunities that are testing the ability of its leaders to navigate uncertainty; manage innovation in a time of cost cutting; and prevent a repeat of the "lost generation" that hampered growth a decade ago.

To hear firsthand how industry leaders are confronting these issues, we convened our annual CEO Breakfast Panel discussion at IHS CERAWeek 2016. The conversation was moderated by Carol SingletonSlade and Steve Goodman of Egon Zehnder and our panelists included leaders from across the Energy value chain:

• Dave Hager, Chief Executive Officer of Devon Energy

• Bob V. Patel, Chief Executive Officer of LyondellBasell

• Gary G. Rich, Chief Executive Officer of Parker Drilling

• Klaus Schäfer, Chief Executive Officer of Uniper