Building a roadmap to success in a time of uncertain 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?

 

View brochure:

Brochure

Agenda

 
Day 1: Wednesday, 22 September 2021
  • 09.30 AM Registration and networking breakfast
  • 10.30 AM Chair's welcoming remarksFrancesco Di Salvo, Associate Editorial Director, S&P Global
COVID-19, the impact on refining and steps to recovery
  • 10:40 AM Keynote: European refining in 2021• Refining downstream demand looks to recover in 2021 – how long until we are at pre-pandemic levels?
    • What is the future for the European refining industry?
    Francesco Di Salvo, Associate Editorial Director, S&P Global
  • 11:05 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
  • 11:30 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
    Torbjorn Kjus, Chief Economist, Aker ASA
    Moderated by: Francesco Di Salvo, Associate Editorial Director, S&P Global
  • 12:10 pmNetworking and lunch break
Product fundamentals in Europe - balances, trade flows and price dynamics
  • 13:10 pmLight 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?
  • 13:35 pmMiddle 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
  • 14:00 pmInterview: Fuel 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?
  • 14:25 pmEuropean petrochemicals outlook• How does a strong end to 2020 position petrochemicals demand today?
    • What will increased capacity globally mean for European refiners?
    Olivier Treuer, Managing Director, Morgan Stanley
Europe's place in the future of global refining
  • 14:50 pmPanel discussion: Global overview• Will growing capacity in Asia force Europe to forge a new niche in the downstream market?
    • The state of Africa’s refining sector has changed significantly since COVID, with global and domestic shifts expected to place further pressure on the continent, what does the future look like?
    • How will the USA respond to an oversupplied crude market, with better prices on the horizon?
    Tushar Bansal, Trading and Downstream Expert, McKinsey & Company
    Elitsa Georgieva, Executive Director, CITAC
    Moderator: Eliza Turner, Reporter, S&P Global Platts
  • 15:30 pmPanel discussion: The evolving tanker markets post COVIDWith markets across the globe beginning to recover, what role will tanker markets play in supplying Europe?
Embracing digital transformation
  • 16:10 pmDesigning and implementing a successful digital transformation strategy
  • 16:35 pmConference Day 1 closing remarksFrancesco Di Salvo, Associate Editorial Director, S&P Global
  • 16:40 pmEnd of Day 1
Day 2: Thursday, 23 September 2021
  • 09:00 amRegistration and networking breakfast
  • 09:30 amChair's recap of day oneFrancesco Di Salvo, Associate Editorial Director, S&P Global
  • 09:40 amKeynote: The road to Net ZeroHow the refining sector can lead the way to reducing emissions by 2050, by focusing on alternative fuel production.
Decarbonizaton – what’s in it for refiners & what plans do they have in place?
  • 10:05 amLeader's Panel Discussion: Decarbonization• How will long-term decarbonization measures impact downstream demand for refiners?
    • What future fuels show the most promise on the road to carbon neutrality?
    Massimo Vacca, Head of Planning, Benchmarking and Sustainability, SARAS
    Eugen Weinberg, Head of Commodity Research, Commerzbank AG
    Damien Valdenaire, Science Executive, Concawe
    Gergely Toth, Oil Industry Economist, MOL
    Patrick Kulsen, Managing Director, Insights Global
  • 10:45 amNetworking break
Regulatory influences on European refining
  • 11:15 amOutlook for the biofuel market• Low carbon fuel policies paving the way for biofuels in Europe
    • Refiners' role in driving renewable diesel and SAF supply
    • The role of innovation in tapping new feedstock pools
    Anselm Eisentraut, Head of Market Intelligence Strategy, Neste
  • 11:40 amInterview: Hydrogen and the future for refining• Just how far can hydrogen go to reducing emissions in refining?
    • What other key technological developments will contribute to the reduction of greenhouse gas emission in the sector? Frans Stokman, Executive Director, Petrochemicals Europe
  • 12:05 pmEmbracing Europe’s strategy for liquid fuels - From Petroleum to ReFuels'What does the EU target of 32% Renewable Energy consumption by 2030 mean for refining?
    John Cooper, Director General, FuelsEurope
  • 12:25 pmChair's closing remarks
  • 12:30 pmEnd of conference



Key numbers

100+

Attendees

38%

Refiners/Traders

7%

Petrochemicals and Biofuels Producers

12%

Terminal, Storage and Tanker Operators

32%

Banks, Consultants and Technology Providers

Speakers

Allesandro Alessandro Rosatelli,
Head of Technology and Operations, ENI

Alessandro Rosatelli holds a master’s degree in Mechanical Engineering, Specialization in Dynamics, Control and Robotics, from the University of Rome.

He joined Eni Refining Division in 1991, after an experience as computer engineer in an engineering company. Currently, he is Head of Oil / Green Refineries Technology & Operations, and CEO of SOM, a joint venture logistic company, owned by Shell and Eni, for crude oil transportation in southern Italy.

With over 25 years in the hydrocarbon industry, he has experience in refinery and logistic operations, international supply, planning and control. He has worked for Eni in several refineries and industrial plants, in Europe and North Africa, and has held various management roles in technology, operations, supply and planning. Current position entails responsibility of addressing production activities, defining financial, investment and operating budget, identifying refinery process and digital initiatives to maintain and develop high standard for Eni’s three fully owned and three joint-venture Oil refineries, in Italy, Germany and United Arab Emirates, and for two Green refineries (refineries dedicated to first and second generation biofuels production).

Francesco Francesco Di Salvo
Associate Editorial Director, S&P Global

Francesco Di Salvo is Associate Editorial Director, Clean Refined Products, Europe and Africa. At S&P Global Platts, he has been covering the refined product markets since 2013 and currently leads the price reporting teams for middle distillates and light ends.

Prior to joining Platts, Francesco analysed the upstream oil and gas markets, with field postings in Nigeria, UAE, Turkey and the Kurdistan Region of Iraq, where he followed the nascence and consolidation of the hydrocarbons industry.

Francesco holds a BA from the University of Bologna and an MSc from the London School of Economics (LSE).


Eugen Eugen Weinberg
Head of Commodity Research, Commerzbank AG

 

John Cooper John Cooper
Director General, FuelsEurope

John Cooper was appointed Director General, FuelsEurope and Concawe in April 2015. He started his career in the motor industry working on future powertrains, and after 3 years moved to BP Downstream where he has 27 years of experience. His previous role was as Director, Renewables Strategy Downstream, leading BP’s commercial compliance strategy for renewables regulation. He has also had business leadership roles in aviation fuels and lubricants, transport energy policy, and fuels technology, in the UK and USA, and has represented the UK fuels industry at the UK Automotive Council Technology Group. He holds a BA in Engineering from Cambridge University.


Kristine Petrosyan Kristine Petrosyan
Oil Market Analyst, International Energy Agency

Kristine Petrosyan leads refining, crude, and product market research for the International Energy Agency's flagship Oil Market Report. She started her career in Ernst&Young's Moscow office in the corporate finance department. After graduating with an MSc in Energy Studies from the University of Dundee in Scotland, she joined BP in London as an upstream commercial analyst for Russian projects, moving on later to trading analysis. Prior to joining the IEA, she worked in BP and Glencore as a middle distillates trading analyst.


Jorge Dr. Jorge León
Energy Economist, BP

Dr. Jorge León is an energy economist with bp’s Economic and Energy Insights team in London, analysing economic and global energy market developments, and helping to provide frontline advice and support to bp's businesses to inform decision making.

He supports the team’s analysis of oil and refining markets and contributes to bp’s highly regarded external products — the BP Energy Outlook and BP Statistical Review of World Energy.

He has more than 13 years of experience in research and consulting in the energy sector, with significant expertise in monitoring, analyzing and forecasting world energy and oil developments.

Previously, he worked at the Organization of the Petroleum Exporting Countries (OPEC), where he was one of the main authors of OPEC’s flagship publication, the World Oil Outlook. He also coordinated OPEC’s internal medium-term oil market report, managed a number of research projects and led OPEC’s international dialogue initiatives with the European Union, the International Energy Forum and the International Energy Agency.

A native of Ecuador, Dr. León holds a Ph.D. in Economics from the University of Navarra and an M.Sc. degree in Economics and Finance from CEMFI. He has also taken professional training courses from the French Institute of Petroleum (IFP) and the British Energy Institute.


Sponsorship

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].

 

Pricing


Early-bird Rate*
Register by August 20, 2021
Standard Rate*
Register by September 21, 2021
 Delegate
$449    
$599    

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



View full online event terms and conditions

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