Argus Global Crude Summit Americas

Registration and coffee

Argus welcome address

Chairperson’s opening remarks

Keynote opening speech: View on the future of crude oil

CEO fireside chat: Positioning the North American crude market on a global stage: Crude opportunities globally

Morning coffee and networking

Where does oil stand in addressing the world’s immense energy demand and exploring global crude dynamics

With oil continuing to have a strong place in the energy mix, hear from global Argus leaders as they explore world crude dynamics, the main drivers for North American businesses and the continued need to decarbonize

• Where does the Americas sit in the global crude puzzle and current supply and demand trends?
• A closer look at global demand markets for the Americas, including China, India and Europe
• How is backwardation impacting the market, inventory levels and trading strategies?
• How can inland refiners address margin pressure arising from Midland exposure?
• How will the carbon content of oil create a new place on the playing field?

Macro panel discussion: Trading policies and relations against a new political backdrop — the impact on energy flows and economies across borders

• What is the outlook on trade policies and tariffs and will they have a ripple affect globally?
• Understanding new trading relations globally including China post-US election
• What are the new global emission reduction policy drivers impacting North American supply?
• What are the key developments of the United States-Mexico-Canada Agreement (USMCA)?
• To what extent is the energy transition materialising?

Keynote address: The fine balancing act of oil demand, production capacity and the energy transition

• How does OPEC+ unwind its output cuts and manage its spare capacity?
• Exploring the long-term view of the energy transition compared with oil supply
• How does OPEC+ approach managing and maintaining oil demand to ensure that it retains markets?

Networking lunch

The North American production growth story: Permian, Cushing, Balkan and Oil Sands

• Does the US continue to be the biggest world crude producer globally?
• How has consolidation of the E&P sector had an impact on competitiveness and how much room is left in the Permian after all these mergers?
• Understanding the impact of upstream M&A deals on production?

Keynote trader panel: Piecing the puzzle together: Global interconnectivity of crude markets

Hear the opinions of the leading traders in the crude business and explore the changing global crude trading landscape. Explore new trade routes and the setting up of new supply chains

• Exploring crude globalization and where the new trading routes are emerging
• What is the impact of backwardation on trading strategies and how is the price managed?
• What instruments can help with liquidity concerns and geopolitical risk from a legal and financial standpoint?

Spotlight on Latin America: A changing crude dynamic and appetite for oil products

How the crude landscape is changing across Latin America, including Guyana, Brazil, Argentina and Colombia

• What is the current demand for gasoline grades including octane boosters or blend components?
• What would companies need to build out to facilitate supplies to Latin America?
• What impact does the TMX pipeline have on the Latin American crude grades?
• How are companies overcoming credit risk challenges?

Afternoon coffee and networking

Special guest speaker keynote address

Speakers Include:

Condoleezza Rice

66th Secretary of State

Chairperson’s closing remarks and close of conference day one

Networking drinks reception

Morning coffee and networking

Chairperson's opening remarks

CEO fireside chat keynote address

Spotlight on China: Illuminating China’s energy demand and a flourishing EV market

• How is Chinese energy demand changing and what could be the impact on crude markets?
• Understanding crude oil pricing and economics weighing on the industry
• The fast pace electric vehicle rise: what does this mean for gasoline and crude demand?

Exploring the changing landscape of emission policies in Canada

• Emission reduction policies: regulatory developments, new energies and investments
• How are oil sands producers moving towards carbon capture goals balanced with oil production?

Morning coffee and networking

Short presentations and panel discussion: TMX pipeline coming into full flow: Where is the crude going and what is the impact on global flows?

With Canadian volumes ramping up, hear from those working on the TMX pipeline project and get first-hand insight into where crude is expected to go and how producers will utilize the pipeline

• Utilization of the pipeline: what are the updates on improved load and increased throughput?
• How much of the cargo goes to Asia versus California and how much will be reloaded onto larger cargo ships?
• How will the market deal with a lack of liquidity and will producers allow this to change?

Panel discussion: Redefining the refining landscape: What will refining operational ability look like in the future?

Elections, new energies including hydrogen and diversification to EVs are cutting into oil product demand. Pose your pressing questions to a panel of refining experts and explore the key market drivers

• Where will refinery reconfiguration, rationalization or closures happen in light of new energies?
• What is the next big driver for sustained refined product demand globally?
• What is the impact of decarbonization, including on the carbon intensity of crude grades?
• What will refineries of the future look like in terms of operational ability and running the right crude grades?
• Which crudes in the future will be more favourable including low-carbon grades?

Networking lunch

Global refining panel: Exploring oil product consumption across demand centers in China, India, Mexico, Nigeria and Europe

• Have high refinery utilization rates created supply-driven markets — and has this peaked?
• Where will refining demand come from in the future?
• How do demand disruptions impact refinery crack spreads?

Adapting to a global world: Increasing export capacity at ports and investments in infrastructure

Companies are not only looking at how to get crude to the water, but now how to get products to the water. This panel will explore the infrastructure needed to meet export potential at the Gulf coast and the future investment in export capacity

• How are ports adapting to become larger exporters of crude?
• Assessing how crude quality is changing and the logistics of handling lighter sweeter crude
• Understanding the need to build more storage capacity at terminals for product exports

Afternoon coffee and networking

The AI revolution: Optimising the trading ecosystem

• How is AI taking the trading world by storm – how to integrate AI into oil and gas trading?
• Automating decision making for faster more intelligent deals
• Centralizing data including vessel tracking, that will solve bottlenecks in the decision making process

Interactive working groups

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

Working group 1:
WTI Midland and liquidity
A deep dive with Argus experts and get all your questions answered on WTI Midland

Working group 2:
The outlook for Permian output growth

Working group 3:
The new era of data and AI driven solutions to improve trading decisions
Explore what innovative solutions are helping trading optimisation

Working group 4:
Energy policies impacting global crude demand
Get to grips of the current regulatory landscape including new policies, infrastructure permitting, and the IRA

Case study: How data centres will have an impact on utility power demand

• Securing space for AI machines and offsetting energy and emissions with renewable energy
• How much growth in power demand can we think is coming from the AI theme?
• Understanding the magnitude of AI and data centre demand – a 5-10 year horizon
• Will this boost of new projects and investment can it help power generation to get to the next level of cost – scale that would compete with traditional power generation that we have today on the residential and industrial elements?

Outlook for US LNG exports market and increase and that what is the profile that looks like?

• When can we expect to see LNG exports increasing?
• At what point will the growth of LNG start to have an impact on domestic prices versus international prices?

Chairperson's closing remarks

Close of conference