Global Energy & Resources leader Chris Nicholson and Deloitte Research Director of Energy Studies Dwight Allen team up to ponder the role of today's energy CFO. Virtually every aspect of the position is in flux — what CFOs are paid to do, how their responsibilities related to those of other CXOs and the board, and where their priorities lie. Difficult issues and tough choices are all part of the picture.

Today's energy CFOs are faced with more difficult issues and tougher choices than ever before. The stormy seas of corporate governance — transparency, strategy, internal control attestation, investor confidence, economic stability, all are key drivers in today's risk averse environment. "Twin Roles of the Energy CFO" examines these pressures and discusses the tension between the strategist and the stewardship roles facing today's energy CFOs.

Euromoney Yearbooks presents International Power & Utilities Finance Review 2004/2005. "Twin Roles of the Energy CFO" appears as the leadoff article following the introduction by Dr. Faith Birol, Chief Economist of the International Energy Agency, titled "World Energy Investment Outlook to 2030." Other topics examined in this report include "Drivers of the Energy Scene," authored by Gerald Doucet, Secretary General, World Energy Council, the European syndicated power market, legal frameworks, financing, LNG, privatisation and liberalisation, market reforms and deteriorating infrastructure.