04 October - 05 October 2022
In-person: Geneva, Switzerland

Argus European Crude Conference – Geneva

  • 08:00
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  • 09:00
  • Registration and welcome coffee
  • 09:00
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  • 09:10
  • Conference welcome address Adrian Binks - Chairman, Chief Executive Officer, Argus
  • 09:10
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  • 09:15
  • Chairperson’s introduction and opening remarks Euan Craik - Head of Petroleum, Argus
  • 09:15
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  • 10:00
  • Keynote interview
  • How have trading houses navigated this year’s turbulent energy markets and how do you best plan for the future?
  • As Europe continues to push for more energy independence, how will this impact crude supply, demand and trading dynamics?
  • How are trading houses managing environmental, social, governance (ESG) and carbon concerns? What role will carbon credits, offsets and carbon-neutral crude have in the market?
  • As the industry continues to invest in cleaner energy sources, what opportunities remain for crude trading in the short and long term?
  • 10:00
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  • 10:45
  • Panel discussion: Geopolitics and inflation – Managing the known unknowns
  • What are the wider implications of currency movements, high LNG prices and inflation?
  • Interest rate hikes – how will increasingly costly trade finance affect the market? Will there be a shortage of credit lines?
  • Navigating Russian and Iranian sanctions – what are the mid to long-term implications on trade?
  • 10:45
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  • 11:20
  • Networking break
  • 11:20
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  • 12:00
  • The hunt for new supply – Europe’s refining landscape
  • How have European refiners adapted with the absence of Russian crude supply?
  • Is crude supply from the US, Middle East and Africa enough to fill the gap?
  • How can the industry navigate the infrastructure bottleneck to bring in the different crudes?
  • What is the future of product demand and pricing, and can Europe’s refineries remain competitive?
  • How will the continued push towards energy independence and bio energy sources impact traditional crude demand?
  • 12:00
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  • 12:30
  • US production growth – What is holding it back?
  • How long will they hold capital discipline?
  • What is being done to bring crude production levels back up. Would government incentives work?
  • When might we realistically see higher US production levels emerge?
  • Where are the infrastructure bottlenecks in terms of exports?
  • 12:30
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  • 13:10
  • Voluntary carbon credits and carbon-neutral crude – What oil market participants need to know
  • What opportunities exist in the marketplace for carbon-neutral crude?
  • How is carbon-neutral crude priced and how might it compete with non-offset crude?
  • How can the industry properly tackle regulation and accountability of the voluntary carbon market?
  • 13:10
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  • 14:30
  • Lunch
  • 14:30
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  • 15:15
  • Rebalancing of trade flows – Where are the windows of opportunity?
  • What role has Africa taken on the global supply stage?
  • Will the new African refineries start next year and herald a clean product regime in the region?
  • Will Asia markets continue to pick up Russian supply?
  • What transatlantic opportunities are there for Latin American crude in Asia and what import trends have we seen?
  • 15:15
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  • 16:00
  • Global crude freight markets: Changing routes, freight rates and the move towards green shipping
  • With supply and demand trade routes shifting, how have freight rates and global arbitrages been impacted?
  • What freight rate trends have we seen and what might the market expect in the year ahead?
  • Green shipping and its implications on tanker freight – what are the new trade routes for low carbon or zero carbon energy carriers, and the collaborative action needed to scale renewable infrastructure?
  • 16:00
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  • 16:30
  • Afternoon break
  • 16:30
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  • 16:50
  • Pivoting to carbon capture and storage – What role will it play in the oil industry’s response to the climate change challenge?
  • How economical and viable is carbon capture and storage (CCS) as a key pathway to net zero carbon emissions?
  • Where are the hubs and clusters for CCS?
  • How can regulatory policies help accelerate the deployment and commercialisation of CCS technology?
  • 16:50
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  • 17:30
  • From banks to funds – A look at the evolving priorities in commodity trade finance
  • With the growing importance of ESG considerations, how can the market navigate the shifting winds in financing?
  • Adjusting to new market conditions – are specialist funds getting a bigger slice of the pie now?
  • What are the developments in the regulatory backdrop and how has that impacted small and mid-size traders?
  • 17:30
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  • 17:40
  • Close of conference
  • 17:40
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  • 19:00
  • Networking cocktail reception
  • 09:00
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  • 09:20
  • Welcome coffee
  • 09:20
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  • 09:30
  • Chairperson’s opening remarks
  • 09:30
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  • 10:00
  • Industry interview – The changing refining landscape in the Mediterranean
  • How are refiners in the Mediterranean changing their crude supply strategy?
  • 10:00
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  • 10:40
  • The European landscape – The distillates outlook and the shift in product mix
  • How is the reshuffling of diesel and vacuum gasoil supply chains affecting the crude market?
  • Planning for the future – what is the near-term outlook for European products demand and is the industry prepared for the next disruption?
  • How are traditional fuels competing with alternative fuels in Europe – with tighter regulations coming on line, how might this impact short and long-term fuels demand?
  • 10:40
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  • 11:10
  • Networking break
  • 11:10
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  • 11:50
  • Roundtables: Share solutions, trends and initiatives
  1. What are the latest developments in low carbon fuels and how will they displace traditional crude and fuels demand?
  2. Has the ESG push accelerated the adoption of big data in trading strategies?
  3. How can the market manage risk and the potential of future price shocks?
  4. The distillate crisis – are we expecting the problem to persist until 2023?
  • 11:50
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  • 12:05
  • Roundtable leaders to share key takeaways from each group’s discussions in three minutes
  • 12:15
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  • 14:00
  • Lunch
  • 14:00
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  • 15:30
  • Argus perspectives: Benchmarks and changing crude flows workshop
  • How are the world’s crude benchmarks changing as trade flows shifts?
  • What pricing solutions exist in various regions?
  • 12:05
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  • 12:15
  • Chairperson’s closing remarks