Argus Global Crude - Geneva

Delegate fee  € 499

The Navigating IMO 2020 workshop will provide you with deep analysis into the key components of IMO 2020 regulation and the projected impacts the regulation will have on global crude and refining markets. Learn about the different steps the industry will have to take to become compliant and what this means for the crude market as 2020 nears.

Topics to be discussed include:

• Widening of light/heavy spreads and impact on oil producers and refiners
  
  
• Key refinery cracks and supply and demand of HSFO, VGO, MGO, low sulphur distillate and gasoline
  
  
• Analysis of the different scenarios and outcomes for refiners on the road to compliance
  
  
• Conclusions
  
  

A highly interactive half-day workshop

Complimentary for people who have registered to attend the Argus Global Crude-Geneva summit, 15-16 October 2019

Your workshop leaders:

• James Gooder, Vice-President,Crude, Argus
  
  
• Jeff Kralowetz,Vice-President, Business Development, Argus
  
  
• Matthew Thompson, Chief Strategy and Business Development Officer, Argus
  
  
• Tom Reed, Vice-President, China Crude and Products, Argus
  
  Key areas of discussion include:

• The new arbitrage: WTI fob US gulf coast and cif Rotterdam
  
  
• New North Sea Dated — the next step for Brent
  
  
• China crude benchmarking and assessing lucrative opportunities
   

Meet your breakfast workshop leaders:

• Vlasios Voudouris, Chief Data Officer, Argus

• Kriton Xydas, Head, Data Science, Argus

Data analytics in crude trading is shifting the competitive landscape for traders and risk managers. 

The use of artificial intelligence, machine learning and alternative data sets are all helping market participants enhance their crude trading and risk management strategies. 

Are you one of the early adopters looking to leverage existing effort, or are you concerned that your trading and risk management practices may be falling behind?

Argus Media has built out new data science capabilities designed to enhance and augment the analyses that many companies are already undertaking. Quantifying market volatility and balance of risk metrics can be used to illuminate trading, risk management and hedging innovations already under way.

Join our data science leaders at this exclusive breakfast briefing for a demonstration of how artificial intelligence and machine learning algorithms are leveraging Argus’ unique data to provide high-speed, results-oriented insight into crude markets. 

Geopolitics has emerged as a key driver of crude prices and investor sentiment. We will take a look at some of the key factors that are critical for driving the global crude market including: the China-US trade dispute, China’s challenges in securing crude supply, how refiners are replacing Iranian and Venezuelan supply and Opec’s response to this, and assessing the potential changes to the refining margins.

Session participants:

James Foster, Global Commodity Head, BP Oil International

Neil Atkinson, Head, Oil Industry and Markets Division, International Energy Agency (IEA)

Fernando Ferreira, Director, Geopolitical Risk Service, Rapidan Energy Group

Moderator:

David Fyfe, Chief Economist, Argus

• How will the light end imbalances be corrected, especially with questions emerging over the sustainability of petrochemicals demand for plastics?
  
  
• Assessing the changing quality of Urals crude (API, chlorides), Basrah and KBT (export blend crude oil of KBT quality)
  
  
• What are the latest developments in the shale oil market in the US? What are the prospects for higher production?
  
  
• What are the challenges that producers face?

From the continued strength of US shale oil, through the global push for cleaner energy to rapid technological change that is transforming the way business is done, the industry faces new opportunities and challenges. Topics to be addressed include:

• Debating the market outlook
  
  
• How will crude oil and refined product trading patterns evolve post-2020?
  
  
• How are you adapting to new opportunities and challenges?
  
  
• Which technology will cause the greatest change over the coming years?

Session panelists:

Marco Schiavetti, Chief Commercial Officer, Saras Trading

Vladimir Langhamer, Trading Director, OMV Supply & Trading

Adi Imsirovic, Head of Oil, Gazprom Marketing & Trading

• What are the key drivers for investors?
  
  
• What are the risks when investing in oil sector in the new environment?
  
  
• What will it mean for investment in new supply?

The heads of trade and commodity finance of the world’s largest banks identify the current trends, including financing structures and mechanisms as well as trade credit, political risk, and outlook for the financing environment in the year ahead.

• What is the latest state of play for crude export infrastructure?
  
  
• What new US export crude infrastructure projects are on the horizon?
  
  
• How can the industry capitalize on export developments in the US gulf coast?
  
  
• What can be learned from the US? 

• Liquidity trends in the Houston products
  
  
• Launch of auctions for export cargoes
  
  
• New pricing points and derivatives emerge
  
  
• Role of existing benchmarks in evolving markets
  
  

• Geopolitics is upending Latin American crude trends, clouding the trajectory of key fundamentals
  
  
• Pre-salt giant Brazil has overtaken the region’s legacy oil producers
  
  
• Mexico is turning inward again, while Venezuela languishes amid political turmoil
  
  
• An emerging shale play is transforming election-bound Argentina back into a supplier
  
  
• Unconventional resource potential beckons in Colombia, while upstart Guyana prepares to debut as a significant supplier
  
  

These will be interactive sessions, with all round-table participants offering a unique opportunity to discuss market-driven topics in small groups. You can use the champagne round-tables to ask any questions or to examine a topic that came up earlier in the day in more depth.

Round-table one: Data science-Trading, risk and hedging
Leaders: Vlasios Voudouris, Chief Data Officer, Argus and Kriton Xydas, Head, Data Science, Argus

Round-table two: Navigating IMO 2020-Opportunities and challenges
Leader: Ben Holt, Head of Marketing and Offtake, Tullow Oil 


Round-table three: Harnessing new technology in the crude trading business
Leader: John Luu, Managing Director, Greensill - a fintech firm specialising in working capital solutions such as supply chain finance and infrastructure or acquisition financing

• How will structural changes in China’s economy impact oil demand? What could this mean for crude supply in the market?
  
  
• What is the future of tax reform policy? How are independent refineries surviving in today’s market?
  
  
  

Xia Xiaoyuan, Analyst, covering Chinese market, Research and Strategy, UNIPEC and Wang Xiaotao, Analyst, covering global oil supply, Research and Strategy, UNIPEC, will join the questions and answers session.

• Crude supply and outlook — market trends, trade flows and developments in west Africa
  
  
• What opportunities will be created in west Africa as a consequence of the IMO 2020 cap?
  
  
• How is changing infrastructure and specifications affecting west Africa and global flows?

• Review of IMO 2020 regulatory aspects
  
  
• Main foreseen solutions and impact on refining business
  
  
• Case study examples using digital planning system( Haverly H/COMET)

• Challenges and opportunities in an evolving oil market
  
  
• World oil supply and demand, including heavy vs light crude
  
  
• The prospects for conventional and unconventional oil
  
  
• The impact of geopolitics vs geoeconomics on the oil market
  
  
• The role of KPC in the changing oil market

• How are regional policy makers, legislation and environmentalists influencing this?
  
  
• How the petroleum industry is adapting to increase climate change pressure?

Moderator:
David Fyfe, Chief Economist, Argus