Government proposals to halt investments in new oil, gas and coal production "didn't do anything about the demand side or inflation," ConocoPhillips COP.N Chief Executive Ryan Lance told a panel discussion. The World Petroleum Congress, a gathering to discuss the future of oil and gas and explore new technologies, emerged as a counterpoint to last month's COP26 climate change conference. Where COP26 delegates warned of a climate catastrophe, oil executives predicted uncertain future for energy markets.