Navigating the challenges affecting the downstream community in Europe

The years ahead for the refining sector are uncertain. With Covid-19 bringing the world to an almost halt, crude oil prices diving into and out of negative territory for the first time in history alongside a global storage dilemma, it’s safe to say 2020 has so far been turbulent for the European refining industry.
Even before Covid-19, downstream markets in Europe were having to compete with increased global capacity, and the sector was under immense pressure to dramatically reduce carbon emissions. How will the industry recover from all this?
Join us for the first edition of the European Refining Virtual Conference. Over 5 hours of sessions over two days brings together industry leaders to share their views on how the sector is adapting in this time of great uncertainty.


At a critical time, join us for the S&P Global Platts online refining event. A part of the thought leadership series on Platts LIVE, this important discussion will examine how the refining sector are adapting in this time of great uncertainty.

Day 1: Wednesday, September 2, 2020
  • 11 am Chair’s Welcoming Remarks
  • 11:10 am KEYNOTE: European refining in 2020: the road to market recoveryIn what started out as a promising year for European refining, the downstream industry is having to navigate the unprecedented drop in global product demand due to Covid-19, crude oil prices plummeting, along with keeping their promises on carbon neutral pledges. What are European refiners current focus areas, and how are they adapting to the new normal?
    Lourdes Rodriguez, Executive Trading Director, Repsol
  • 11:40 am Crude: where are we headed? With crude oil futures delving into negative territory for the first time in history, volatility in the upstream markets has snowballed downstream. In the year of covid-19 and collapsed OPEC discussions, what were the key factors affecting the crude oil markets in the first half of 2020? What might we be able to expect from OPEC in 2021, and what should downstream markets be preparing for in terms of recovery?
    Nicole Leonard, Senior Energy Analyst, Analytics, S&P Global Platts
  • 12:10 pm CASE STUDY: embracing digital transformation The European refining sector has seen various technological advances over the years, with innovative technologies in the forms of artificial intelligence, robotics and automation assisting with the transformation of the industry. With many key players facing huge spending cuts, has covid-19 put digital transformation on the backburner, or could technology play a part in these unprecedented times?
  • 12:40 pmLeaders Panel Session: global downstream outlook: supply & demand post Covid-19 The coronavirus pandemic has brought many industries to a near halt. With many airline fleets being grounded, fewer cars on the road and immense trade flow disruption worldwide, the demand for key refined products in Europe has dropped significantly. In light of these challenges, what does the supply & demand outlook look like for these products? And beyond covid-19, in light of emerging new mobility models, climate change, and the energy transition, what is the future of these products globally? Marco Schiavetti, Chief Commercial Officer, Saras Trading Kristine Petrosyan, Oil Market Analyst, IEA Tamás Pletser, Oil Analyst, Erste Investments
  • 1:20 pmAudience Q&A
  • 1:50 pmClose of Day 1
Day 2: Thursday, September 3, 2020
  • 11 am Chair’s Welcoming Remarks
  • 11:10 am Keynote: the future of mobility Radu Căprău, Member of the Executive Board responsible for Downstream Oil, OMV Petrom
  • 11:40 am Clean fuels for all – a pathway towards climate neutrality With many downstream businesses struggling for survival, ambitious carbon neutral pledges from the industry now seem further away than ever. How can regulatory bodies and governments assist the refining sector, and what initiatives are out there to ensure we continue the green conversation? John Cooper, Director General, FuelsEurope
  • 12:20 am Leaders Panel Session: how has Covid-19 impacted the downstream energy transition? 2019 was a milestone year for the downstream industry, with big names making ambitious carbon neutral pledges. While covid-19 has lead to a drop in pollution and carbon emissions, the global scramble for PPE has shown that there is still currently a need for hydrocarbons in modern day life. But has public awareness shifted, and to what extent has covid-19 changed the global decarbonisation movement for the industry? Beth Burks, Associate Director, ESG, S&P Global Ratings Adi Imsirovic, Head of Oil Markets, Gazprom Marketing & Trading Spyros Kiartzis,Manager New Technologies and Alternative Energy Source, Hellenic Petroleum
  • 1:00 pmInvestment in the refining sector While the world has come to an almost standstill, is there still an investment case for oil, and has covid-19 thrown a spanner in the works when taking sustainable financing into consideration? And where are the business opportunities for the sector in light of recent challenges? Helena Viñes Fiestas, Deputy Head of Sustainability, BNP Paribas Asset Management
  • 1:20 pmAudience Q&A
  • 1:50 pmClose of conference


Our speakers for the European Refining Virtual Conference will be announced shortly. Please check back soon for further updates.

Speaker-Lourdes-Rodriguez-100.jpg Lourdes Rodriguez
Executive Trading Director, Repsol

Lourdes Rodríguez is Executive Director of REPSOL TRADING . Prior to this current position, she had responsibilities in other areas: Lights Products Director, LPG & Petrochemical Director for RTTSA (Repsol Trading and transport), Planning and Logistics Director and Executive Director for the Refining area.
Bachelors in Economic Science at the Autonomous University of Madrid and Major in Government Economics. Post Graduate in PDD from IESE (Madrid).

Radu_Caprau.PNG Radu Căprău
Member of the Executive Board responsible for Downstream Oil, OMV Petrom

Radu Căprău, OMV Petrom, Member of the Executive Board responsible for Downstream Oil.

After graduating the Faculty of Management from the University of Economic Studies in Brasov, Radu started his career in the sales area, before joining OMV Petrom in 2000 as Area Manager for OMV Romania. Since then, he held various management positons within OMV Petrom Group in Romania and Bulgaria, being responsible for Retail, Supply & Sales and Petrom Aviation. In 2018, Radu was the Head of Crude Supply & Trading within OMV Refining & Marketing GmbH in Vienna. He was appointed member of the OMV Petrom Executive Board as of October 1, 2018.

OMV Petrom is the largest energy company in Southeastern Europe.

Speaker-Nicole-Leonard-100.png Nicole Leonard
Senior Energy Analyst, Analytics, S&P Global Platts

Ms. Leonard manages custom analytics projects for Platts’ EMEA clients ranging from oil and gas producers and refinery companies to commodity traders and private equity firms. Her areas of expertise include North American oil and gas production, global crude oil supply and trade flows, refined product supply and demand, petrochemical feedstocks, Middle Eastern energy markets, and non-energy commodity analysis. Ms. Leonard also manages non-consulting client engagement, providing energy market updates to over 100 S&P Global clients per year, and showcases Platts Analytics’ analysis at over a dozen conferences, annual meetings, and forums per year. She has held senior analyst positions on Platts Analytics’ production, NGL, natural gas, and crude oil teams, during which time she contributed to and managed reports, built relevant and durable quantitative models, and facilitated the expansion of crude and product analysis at Platts Analytics.

Speaker-Marco-Schiavetti-100.png Marco Schiavetti
Chief Commercial Officer, Saras Trading
Speaker-Kristine-Petrosyan-100.png Kristine Petrosyan
Oil Market Analyst, IEA

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.

SpyrosKiartzis100.png Spyros Kiartzis
Manager New Technologies and Alternative Energy Source, Hellenic Petroleum 
Speaker-John-Cooper-100.png 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 now has 27 years of experience. His previous role was leading BP’s compliance strategy for with 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 and Chairs the Board of Industrial Advisors at Cambridge University Engineering Department.

Speaker-Beth-Burks-100.png Beth Burks
Associate Director, ESG, S&P Global Ratings

Beth is an Associate Director on the Sustainable Finance team at S&P Global Ratings where her role includes providing Environmental, Social and Governance (ESG) Evaluations, Green Evaluations, integrating ESG into credit ratings, and publishing thematic research.

Beth has extensive experience in ESG data and analytics specializing in energy, utilities, infrastructure, materials, retail and consumer products sectors. Her published research includes looking at water risks and social risks in credit ratings, linking ESG and corporate financial performance, and climate change finance.

Prior to working at Ratings, Beth worked for Trucost where she specialised in assessing water and climate risk for corporate clients. Beth has also worked at Morgan Stanley analyzing corporate action events.

Currently, Beth is part of the City of London’s Sustainable Development Capital Initiative (SDCI), which aims to help raise the investment needed to meet the UN Sustainable Development Goals (SDGs). Beth is also involved in the Spatial Finance Initiative launched by Oxford University to understand how satellite technology and machine learning can be incorporated into financial analysis.

She holds a BSc in Mathematics from Imperial, and is pursuing a MSc in Geographical Information Science.

Speaker-Adi-Imsirovic-100.jpg Adi Imsirovic Head of Oil Markets, Gazprom Marketing & Trading
Speaker-Helena-Vines-Fiestas-100.png Helena Viñes Fiestas
Deputy Head of Sustainability, BNP Paribas Asset Management

Become a sponsor

Position your business in expert company, distinct from your competitors. At S&P Global Platts European Refining Virtual Conference each sponsor has the opportunity to show-case their product or service to industry-wide professionals. This 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 packages available: Irina Bondareva on +44 (0) 7976 684 617 or [email protected].


S&P Global Platts European Refining Virtual Conference will take place on September 2-3, 2020.

Early Bird
August 21
Standard Rate

European Refining Virtual Conference
$249 + VAT
$349 + VAT

View full online event terms and conditions

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How do I register?

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

Online: To register online, click the red "Register" button

Phone: +44 (0) 20 7176 6111
Email: [email protected]

What forms of payment do you accept?

For this online event we only be accepting payment by credit card.

What if I need to cancel my registration?

Once payment has been made will not be able to offer refund, although you will be able to trasfer your registation to colleague. Please contact us to tranfer your registration to another person.

Email: [email protected]
Phone: +44 (0) 20 7176 6111

I can no longer attend the conference. Can I send someone else in my place?

Your registration may be transferred at no cost to a member of your organization up to four (4) working days in advance of the virtual conference. Please contact us by phone or email to make arrangements.

Email: [email protected]
Phone: +44 (0) 20 7176 6111

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 conference:

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.

Baron Kootstra
Phone: +44 (0) 7975 236 439
Email: [email protected]

Where can I view full event terms and conditions?