Argus Americas Crude Summit

• Exploring the current geopolitical environment and impacts on US crude flows
• Examining lasting effects from the global Covid-19 pandemic on market recovery
• A look at existing sanctions and the impact on future trade relations  

• From Cushing to Houston: the axis of US pricing shifts
• Midland WTI enters the Brent complex
• The search for an Asia-Pacific marker
• Sour crude markets in a post-Urals world

Speakers include:

Matthew Oatway, Senior Vice President, North America, Argus 
James Gooder, Vice President, Business Development, Argus 
Gus Vasquez, Editor, Argus 

Moderator:

Matthew Oatway, SVP, North America, Argus 

• The global outlook for oil products
• Refining expansions and recent capacity additions
• Energy transition impacts on refined product demand

Speakers:

Francis Osborne, Head of Forecasting, Analytics and Consulting, Argus
Steve Weber, VP Consulting, Americas, Argus 

Moderator:

John Demopoulos, VP, Business Development, Argus

• With an unpredictable financial and geopolitical environment ahead, how are refiners managing their risk and planning for the future?
• How have the Ukraine crisis and shifting oil trade flows impacted the sector?
• What role will regulations play in incentivizing more domestic energy production and security? How can the current administration balance domestic supply concerns with global export opportunities and climate goals?
• Understanding the importance of feedstocks within business strategy
• How are energy majors viewing the energy transition and their carbon footprint in today’s market conditions? Have ESG strategies taken a back seat?

• How have oil trade flows shifted in response to sanctions and the Ukraine crisis? How have trading opportunities changed?
• Will Russian supply continue to move to Asia-Pacific? Who is competing with Russia to supply China and India?
• How have higher costs of capital, availability of trade finance and higher margins impacted trade?
• What other oil trading opportunities exist in today’s market and how might flows change throughout the year?

• Russia’s impact on trade flows – how have embargos, a potential price cap and sanctions on Russia overhauled traditional crude trade flows? Will Russian cargos continue to flow east? Who is buying Russian crude and what role will pricing discounts and complicated logistics play?
• Recessionary concerns – with a potential global recession looming, how will oil markets react? How will OPEC+ production cuts impact global supply balances?
• Supplying Europe – How will the EU’s embargo and G7 price cap impact trade? Who will help fill the region’s supply gap?
• The role of energy security – what role will long-term energy security and diversified supply sources play over the next year? How does the energy transition fit into this picture?

Speakers:

Michael Cohen, Chief US Economist and Head of Oil and Refining, bp

Colin Parfitt, Vice President, Midstream, Chevron

R. Dean Foreman, Chief Economist, American Petroleum Institute

Moderator:

David Fyfe, Chief Economist, Argus

Moderator:

Euan Craik, President, Petroleum Markets, Argus

• Future US production levels – with decreasing investment in the sector, how have production levels responded? Will we see investment increase in the US upstream as the market strives to meet demand? Will there be enough US supply to help support European demand?
• Changing ownership in the upstream – what opportunities exist for private companies entering the upstream market? How has increased consolidation impacted the sector?
• Understanding the current financial and regulatory environment
• How is the lack of supply encouraging additional money flows?
• What role do decarbonization strategies play in new investments?

Speakers:

Daniel House, North America Trading Manager, SOCAR Trading 

Matt Smith, Lead Oil Analyst, Americas, Kpler 

Mary Kogut, Partner, Kirkland & Ellis LLP

Moderator:

Gus Vasquez, Editor, Americas Crude, Argus 

• How are the world’s crude benchmarks changing as trade flows shift?
• What will be the impact of including WTI Midland cargoes in the North Sea market?
• What are the developments for benchmarking in Asia?
• How are companies benchmarking sour crudes, given disruptions to the trade of Urals?
• How can companies trade around benchmarks in relation to overall fundamentals?

Speakers:

Adi Imsirovic, Senior Research Fellow, The Oxford Institute for Energy Studies

Peter Keavey, Managing Director and Global Head of Energy and Environmental Products, CME

James Gooder, Vice President, Business Development, Argus

Moderator:

Euan Craik, President, Petroleum Markets, Argus

• What is Canada’s role in global oil and energy politics – and potential new influence in the Pacific Rim?
• What can we expect from the carbon cap and its influence on Canadian production?
• How can oil sands compete in a world where carbon matters to buyers?
• Developments in TMX and potential buyers of Canadian crude

Speakers:

Colin Gruending, Executive Vice President & President, Liquids Pipelines, Enbridge

Brad Herald, Senior Special Advisor, Canadian Association of Petroleum Producers (CAPP)

Moderator:

Jeff Kralowetz, Vice President, Business Development, Argus

• What opportunities exist for US supply? 
• What infrastructure gaps exist for better connectivity to the region?
• What impact does freight have in supplying the region?

Moderator:

Matt Oatway, SVP, North Americas, Argus

• Where do we see increased refining capacity in North America, the Middle East, Europe and Latin America?
• What opportunities for crude trade exist in China and India?
• What impact will increasing renewable fuels mandates across the Americas and Europe have on traditional fuels demand? 

Speakers:

Amit Bilolikar, Deputy General Manager, Crude Trading Desk, Bharat Petroleum

Rohit Rathod, Senior Oil Market Analyst, Vortexa

Hillary Stevenson, Energy Market Expert, IIR

 Moderator:

James Gooder, Vice President, Business Development, Argus

• How much Latin American crude supply have we seen move to China, India, South Korea and Japan?
• Will Asia’s market remain a reliable destination for Latin America barrels in the long term? Can the region continue to compete with West African and Russian barrels?
• With higher production costs and predictions around waning oil demand, is it still viable to invest in new supply sources in the region?
• How are Latin American NOCs evolving their trading and marketing capabilities?
• What are the opportunities and challenges with crude flows in the USGC and how does Venezuela crude change current dynamics?
• What is the outlook for Guyana and other emerging sources?

Speakers include:

Alipio Ferrerir Pinto Junior, Executive Manager of Trading on the Foreign Market, Petrobras

Pedro Manrique, Commercial and Marketing Vice President, Ecopetrol

Moderator:

Vanessa Viola, Senior Vice President, Latin America, Argus

• How are midstream organizations expanding and viewing new commercial opportunities?
• How can the US optimize the export market in today’s environment?
• What developments are happening at the ports of Houston, Corpus Christi, Beaumont, and Loop to increase export efficiencies?
• How will the completion of the Canadian TMX pipeline impact future exports?

Speakers include:

Brian Freed, Chief Executive Officer, EPIC Midstream

James D. Finley, Owner and Chief Executive Officer, Unita Wax

• Have ESG pressures taken the backseat due to higher returns from production and the current supply crisis?
• How can the industry balance environmental impacts and energy security in today’s market?
• How might the Inflation Reduction Act impact progress towards decarbonization? Will it help move the needle?
• What role will lower scope to emissions for offshore production play in evaluating future supply sources?
• What future role will carbon neutral crude play? In what scenarios will the economics make sense?
• Can various energy assets including refineries, tanks and pipelines be easily adapted as we move through the energy transition and traditional fuels demand shrinks?

Speakers include:

Michael Swierz, Lead Market Analyst, Equinor

Eric Rubenstein, Managing Partner, New Climate Ventures