Argus Americas Crude Summit

• How can companies plan for the future and investments at an uncertain time?
• A detailed dive into geopolitics and the factors affecting crude demand and prices today
• What is the impact of China’s position on the global crude stage on North America?

Moderator:

David Fyfe, Chief Economist, Argus

Speakers:

David Doyle, Head Managing Director, American Strategy& Economics, Macquarie

Paul Horsnell, Head of Commodities Research, Standard Chartered

• What are the supply demand trends of crude and products in the long term?
• How can the crude market transition into new energies and reduce emissions?
• How North America can position itself as the world’s crude supplier in the future

Understanding the need for reform around permitting infrastructure including; oil and gas pipelines, distribution and transmission systems. A wider view on EU initiatives.

• What are the developments around domestic content requirements for credits?
• Understanding how tax credits and permits will get administered in the future
• What issues have been encountered with drilling and production operations in the Gulf of Mexico?

An outlook on how operators are adjusting to a changing world, the need to meet growing global crude demand whilst making investments and efforts to reduce their carbon footprint

• Reviewing capital allocation: renewable versus existing crude business
• Developments in hydrogen, carbon capture and carbon offsets
• The need for investments in fossil fuel infrastructure and issues with rare earth metal availability

A look at how global crude and product flows are evolving. Enabling resource in the Permian to international markets and the rise of Asia

• How are the ongoing Russian sanctions changing product trade flows to Europe, and will it last?
• Canada and US flows: What happens to Canadian heavy sours in terms of US markets?
• What new dynamics will the TMX pipeline bring with new trade routes to China?

Panellists:

David Garza, General Manager, Gunvor

Patti Leigh, Vice President of Crude Supply & Trading, Chevron

Join a table of 15-20 attendees and delve further into your main industry challenge. Your opportunity to interact with both facilitator and audience members to collaborate and find solutions

• How has price evolved with WTI in the Brent basket and is it changing the way trade works?
• A view on new arbitrage opportunities in the Atlantic basin with trans-Atlantic voyages
• Assessing different grades, trade flows and arbitrage opportunities and the impact on pricing

• What will the future of the crude supply landscape look like?
• How are producers looking to monitor, measure and report their emissions?
• What is the global appetite for Bakken crude and how to return production rates?

Hear from key stakeholders in the region and understand developments on shale and crude oil, diesel imports from China, sour crude flows into the US and how trade flows will adapt to move new barrels

• How do the current Latin American crude and productions supply/demand landscape look?
• A look at Argentinian shale; pipelines and flows to Europe, Asia, Africa and Middle East
• What new flows are we seeing from China into Latin America and do we expect that to stay?

Hear from refinery experts as they examine their demand and product supply levels. Learn how refineries are transforming to focus on fuels of the future, whilst also maintaining security of supply for diesel, gasoline and crude products.

• What are the current business challenges to refinery output and production?
• Which refineries are coming back on line and the impact on demand and outputs?
• What refineries are investing in lower-carbon products and impact on demand and flows?

Panellists:

Will Monteleone, President, Par Pacific Holdings

Suresh Vaidyanathan, Vice President of Renewable Fuels, Phillips 66

Jerry Miller, SVP Commercial, HF Sinclair

• A view on shipping demand, freight rates and the impact on crude differentials
• What could the price of shipping mean for the price of energy, crude and products?
• Examining ammonia and methanol pricing and the impact on crude differentials and cost of shipping

Join this discussion to understand the current global shipping landscape, the cost and aging of ships, and how the market will cope moving forward. Learn about IMOs environmental pressures and explore new bunker fuels for the future

• What is the availability of ships and the main challenges with age and tonnes per mile?
• Scrapping versus new builds: what’s the current debate and what will reality show?
• How much Russian crude is moving and how big is the shadow pool?

• How is the inflation reduction act making projects more economical for smaller companies?
• How quickly do companies need to move in lowering their carbon emissions?
• Sakett versus EPA debate

Collaborate and hear how companies are wrestling with ESG and carbon capture in their own ways. Explore ideas that you can take back to your boardrooms. 15-minute presentations followed by an audience Q&A

• What projects and strategies are emerging to lower carbon emissions in the crude market?
• How are smaller independent players tackling this space?
• How are commodity traders involved with green energy including buying responsibly-sourced gas of carbon offsets?

• Integrating ESG decisions into business making, capital allocation and GHG reduction
• Reducing emissions from oil sands and how operations are on a path to net-zero
• Leading carbon restoration projects including social and environmental strategies

A view on creating the right environment and industry collaborations to scale up technology, software and innovations

• Where can we expect investments and awareness to come from?
• What is the political and regulatory framework in North America to facilitate movement, including tax incentives?
• What are the motivations for monitoring emissions including: price, quantifying emissions, reporting, alerts or counting?

Take a deep dive into new infrastructure projects, building out Permian basin capacity and the expansion at Corpus Christi. Understand crude pipeline expansion versus crude production, where companies see their revenue base growing and challenges with varying jurisdictions and crude quality

• What new projects are taking place including dock expansions, offshore pipelines and mobility to load VLCCs?
• Will midstream companies change their operations due to crude quality issues in pipelines?
• What is the space for a large midstream projects in the future?

Panellists:

Adam Arthur, Executive Vice President, Crude Oil, Energy Transfer

Jay Bany, Senior Vice President, Crude Oil Pipelines, Enterprise

Bevin Wirzba, Executive Vice-President and Group Executive, Canadian Natural Gas and Liquids Pipelines, TC Energy

• Exploring hurdles in getting the pipeline online including regulatory delays and financing
• How much heavy crude will be diverted away from Canadian refineries to Asia?
• How much impact will TMX have on light crude and asphalt prices?

Panellists:

Jason Balasch, Senior Director, Business Development, Trans Mountain

Greig Sproule, Vice President, Tolls and Tariffs, CAPP

• How fast is the SAF market developing and what is future demand looking like?
• How will the North American market source and secure its feedstocks?
• Understanding the low-carbon investment market – developments with HVO, waste, tallow and UCO