Building a roadmap to success in a time of declining demand for refineries

What next steps does refining need to take as it comes out of the demand dip caused by the covid-19 pandemic? So many opportunities in the market today rely on knowing how and when demand will recover – for refiners, looking to the next steps could be the difference between long term success and failure.

The S&P Global Platts European Refining Virtual Summit brings together the top thought-leaders in the space to analyse market trends and predict when the refining industry will get back on its feet. With deep-dives into demand dynamics for downstream markets, in-depth analysis of regulations impacting refiners and insightful looks at what sustainability measures will help companies thrive in this turbulent time.


What to expect:

- Fallout of COVID-19
Demand for refined products fell dramatically due to the pandemic, what does recovery look like for the industry and what will the long-term effects of the pandemic be?

- Energy transition
Many end-user industries are steering away from refined products as a source of energy. Greener solutions are becoming more popular with consumers – this transition is set to change demand dynamics of refined products in the long-term.

- Future of European Refineries
With a great number of refineries set to close in the coming years, how can refining companies stay competitive in an era with reduced capacities and lower demand?

- Regulations and future fuels
With sustainability regulation changing the demand for refined products in favour of greener fuel solutions, how do refiners change with the times?


    Who attends?

    • Refiners/Traders
     Petrochemicals and Biofuels Producers
     Banks and consultants
     Technology Providers
    Terminal, Storage and Tanker Operators

    Can't travel to the conference?

    As well as offering you the opportunity to meet with delegates face-to-face, we will also host the event online. This means that regardless of your travel circumstances you will be able to stream all the sessions online, chat with other delegates and ask your questions to the speakers via our virtual platform. Even if travel restrictions prohibit you from attending, you can still enjoy the great insights on show.


Day 1: Wednesday, 22 September 2021
  • 08.30 AM Registration and networking breakfast
  • 09.00 AM Chair's welcoming remarksFrancesco Di Salvo, Associate Editorial Director, S&P Global
COVID-19, the impact on refining and steps to recovery
  • 09:10 AM Keynote: European refining in 2021• Refining downstream demand looks to recover in 2021 – how long until we are at pre-pandemic levels?
    • What does sustainability mean for the refining industry?
  • 09:35 AMGlobal crude oil fundamentals and their impact on refinersOil demand looks to recover to pre-2020 levels in H2 2021, what impact will this have on refining market dynamics?
    Dr. Jorge León, Energy Economist, BP
  • 10:00 amPanel discussion: state of play for European refiners• How will each part of the value chain plans for demand increases post COVID-19?
    • Will decarbonization change the face of refining as we know it?
    Alessandro Rosatelli, Head of Technology and Operations, ENI
    Rafael Larraz, R&D Director, CEPSA
  • 10:45 amNetworking breakSponsorship available.
Product fundamentals in Europe - balances, trade flows and price dynamics
  • 11:15 amLight ends outlook• What has gasoline export demand meant for Europe in the first half of the year?
    • Will downstream market recovery support light ends refining?
  • 11:40 amMiddle distillates outlook• How will the aviation market recover to buoy middle distillate demand?
    • What sustainable fuels means for middle distillates in the long term.
    Kristine Petrosyan, Oil Market Analyst, IEA
  • 12:05 pmFuel Oil outlook• What will the advent of low sulfur fuel oil demand mean? for European refiners?
    • How are global markets meeting the rising demand for fuel oil post COVID-19?
  • 12:30 pmNetworking lunch
  • 13:45 pmEuropean petrochemicals outlook• How does a strong end to 2020 position petrochemicals demand today?
    • What will increased capacity globally mean for European refiners?
Decarbonizaton – what’s in it for refiners & what plans do they have in place?
  • 14:10 pmPanel discussion: Leader perspectives: Decarbonization• How will long-term decarbonization measures will impact downstream demand for refiners?
    • What future fuels show the most promise on the road to carbon neutrality?
  • 14:55 pmThe oil major perspective
  • 15:20 pmThe independent refiner perspectiveMassimo Vacca, Head of Planning, Benchmarking and Sustainability, SARAS
  • 15:45 pmNetworking break
  • 16:15 pmThe investment perspectiveEugen Weinberg, Head of Commodity Research, Commerzbank AG
  • 16:40 pmGroup Q&APresenters from the preceding session will take questions from the Chair
Embracing digital transformation
  • 17:05 pmDesigning and implementing a successful digital transformation strategy
  • 17:30 pmChair's closing remarks
  • 17:40 pmNetworking Drinks Reception
Day 2: Thursday, 23 September 2021
  • 08:30 amRegistration and networking breakfast
  • 09:00 amChair's welcoming remarks
Europe's place in the future of global refining
  • 09:10 amKeynote: Regulation vs Globalization• What influences the move to green solutions? Regulations or Globalization?
    • Customer demand changes that are impacting refining.
Regulatory influences on European refining
  • 09:35 amHydrogen and the future for refining• Just far can hydrogen go to reducing emissions in refining?
    • How will demand for hydrogen evolve to keep up with changing legislation
    • What are the current limitations?
  • 10:00 amEmbracing Europe’s strategy for liquid fuels - From Petroleum to ReFuelsWhat does the EU target of 32% Renewable Energy consumption by 2030 mean for refining?
    John Cooper, Director General, FuelsEurope
  • 10:25 amThe road to NetZeroHow the refining sector can lead the way to reducing emissions by 2050, by focusing on alternative fuel production.
  • 10:50 amNetworking break
Europe's place in the future of global refining
  • 11:15 amRegion overview: AsiaWill growing capacity in Asia force Europe to forge a new niche in the downstream market?
    Tushar Bansal, Trading and Downstream Expert, McKinsey & Company
  • 11:40 amRegion overview: Middle EastModern refineries in the Middle East are threatening to leave European refiners behind, how does Europe respond?
  • 12:05 pmRegion overview: USHow will the USA respond to an oversupplied crude market, with better prices on the horizon?
  • 12:30 pmPanel discussion: Remaining competitive in an era of globalizationWith multiple markets across the globe pushing the boundaries in refining, how can Europe keep up?
  • 13:15 pmChair's closing remarks
  • 13:25 pmEnd of conference

Key numbers






Petrochemicals and Biofuels Producers


Terminal, Storage and Tanker Operators


Banks, Consultants and Technology Providers


We are busy confirming some of the leading figures in the sector. Let us know if wish to contribute to the discussion and share your insights.

Cameron Roberts
Conference Producer,

S&P Global Platts
[email protected]


Become a sponsor

Position your business in expert company, distinct from your competitors. At S&P Global Platts European Refining Conference, each sponsor has the opportunity to showcase their product or service to industry-wide professionals. We provide an environment that encourages an honest and open dialogue among attendees. If you would like to lead the conversation as an event sponsor, contact us for more details on available packages: on or .

Download the brochureDemonstrate your strengths, raise your company profile, and maximize your ROI as we bring key industry players and decision-makers to you. At the S&P Global Platts European Refining Conference, each sponsor has the opportunity to showcase their products and services, and distinguish themselves from the competition. We offer a full range of opportunities and packages, and can even tailor solutions to suit your needs.

Contact us to start a conversation about your goals and how you can lead the pack as an event sponsor: Irina Bondareva, Sponsorship Manager, at +44 (0) 7976 684 617 or [email protected].


Early-bird Rate*
Register by August 20, 2021
Standard Rate*
Register by September 21, 2021

* Rates are in USD and are not inclusive of local taxes or VAT.

View full online event terms and conditions

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We offer three easy ways to register: online, by phone, and by email.

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I am no longer able attend. May I send someone else in my place?

If you’re not able to attend, we’re happy to transfer your registration to a member of your organization at no cost, up to 2 business days in advance of the event. Requests must be received in writing via email to , and are subject to approval. For assistance, you may also reach out by phone:

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Cancellation is not available for this event. Once payment has been made, we are not able to offer a refund. If you're not able to attend or send a colleague in your place, you will still receive access to the on-demand replay of the event and all the materials (included with your registration).

To transfer your registration to a member of your organization at no cost, send your request by email to up to 2 business days in advance of the event. Requests are subject to approval. For assistance, you may also reach out by phone:

Are there sponsorship opportunities?

Yes, we offer a variety of standard and tailor-made sponsorship opportunities to fit your marketing and business-to-business needs—and your budget. Please reach out directly to the Business Development Manager for this event:

Irina Bondareva
Phone: +44 (0) 7976 684 617
Email: [email protected]

Are press passes available?

Yes, we allow accredited media writing on behalf of major industry publications to cover the event at no charge. Please reach out to the contact below for press pass approval.

Alex Baird
Phone: +44 207 176 0508 
Email: [email protected]

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