Review the past, understand the present and discuss the future for European Refining.
When we started the conference back in 2007, the global "golden age" of record refining profits was very much in full swing. We saw growing consumption for all refined products, a raft of new projects planned, stable oil prices and diesel the new king of the barrel. A good time indeed for European refiners. Margins were good.
How things changed. The industry’s brief golden age of high margins swiftly gave way to a protracted period of adjustment and decline following the economic crash of 2008.
European refiners began fighting the perfect storm of overcapacity, weakening demand, stronger more efficient competition and increasingly stringent and regionally centric sustainability goals. They needed to adapt to remain profitable. We saw players come and go, mothballed refineries throughout the region and trade flows evolve. Margins were not so good.
Today, the European refining sector seems to be enjoying a much-needed reprieve following a period of favourable macroeconomic conditions and the 50% decline in crude oil feedstock costs. Margins have been better and the sector is smiling again. In fact, 2015 has even been described as a ‘mini-golden age’ for European refining.
But has this continued in 2016 and what does the future hold for the industry? Join us at the 10th anniversary European Refining Summit 2016 where the sector and its dependents come together to review the past, understand the present and discuss the future for this important industry. How long will the reprieve last?
Register today and gain practical insight into the global refining environment, product and price shifts and legislative developments, whilst unearthing strategies for increased refinery responsiveness, efficiency and flexibility from those at the forefront.
TOPICS DISCUSSED WILL INCLUDE:
- Examining the state of play for European refiners: 10 years on from our inaugural event
- Boosting competitiveness: What are the strategies to put in place?
- EU energy and climate change policy: Exploring the impact of emissions targets, fuel efficiency and substitution initiatives and biofuel products
- Europe's structural refining overcapacity: When will it likely impact the industry once again?
- Who has benefited the most from the oil price slump? Innovating towards a trading business model
- Refined product focuses: The sharp reversal of fortunes for gasoline over diesel, will tightening of bunker fuel specifications have the potential to improve the sector and is the jet fuel market a sign of things to come?
- International perspectives: Developments, challenges and new business opportunities from the US, Middle East, Asia and Russia
- Using technology to boost the bottom line: Innovation showcases
PREVIOUS PRESENTING LEADERS INCLUDED:
- Patrick Pouyanné, President, Refining Chemicals Division and Member of the Executive Committee, Total
- Dominique de Riberolles, Chief Executive Officer and Senior Vice-President of Oil Marketing, CEPSA
- György Mosonyi, Chief Executive Officer, MOL Group
- Carlos Navarro Navarro, Vice President – Commercial Planning and Distribution, CEPSA
- John A. Costopoulos, Chief Executive Officer, Hellenic Petroleum
- Peter Mather, Group Regional Vice President Europe, Head of Country UK, BP
- Mark Quartermain, Vice President, Downstream Strategy Development & Market Analysis, Shell
- Christof Rühl, Chief Economist, BP
- Alois Virag, Senior Vice President, Refining & Petrochemicals, OMV
- Savvas Manousos, Head of Global Supply and Trading Operations, Reliance Industries
- Didier Casimiro, Vice-President, Commerce and Logistics, Rosneft
- Dario Scaffardi, General Manager, SARAS
- Matti Lehmus, Executive Vice President, Oil Products, Neste Oil
EVEN BETTER NETWORKING IN 2016…
Join us on the evening of Day One for an exclusive three-course networking dinner. Places are strictly limited so register early to secure your place at the table and avoid missing out on this unique opportunity to nurture or forge those relationships needed for the long year ahead.
Utilise our event app…
Benefit from improved networking on-site by accessing the delegate list, exchange contact information electronically, read the speaker bios and send live messages to fellow attendees. Additionally, all presentations will be uploaded as soon as they are made available for publication by our speakers.
- European and international refiners
- Petrochemical producers
- Downstream technology solutions providers
- Fuel traders (gasoline, gasoil and bunker)
- Terminal, storage and tanker operators
- Regulators and policy makers
- Biofuels industry
- Automotive industry
Antwerp Port Authority
Api Raffineria di Ancona
Baker & O'Brien
Bank of America Merrill Lynch
BP Oil International
Byzantine Maritime Corporation
Compañía Logística de Hidrocarburos (CLH)
COSMO OIL (U.K.)
DELTA RUBIS PETROL TICARET VE SANAYI
Dow Jones Newswires/The Wall Street Journal
E.ON Värmekraft Sverige
Energy Market Regulatory Authority of Turkey (EMRA)
Eni Trading and Shipping
Essar Oil UK
European Commission Joint Research Centre
Idemitsu International (Europe)
INA – Industrija Nafte
ING Investment Management
Japan Petroleum Energy Center (JPEC)
Klesch Petroleum Services
Mærsk Olie og Gas
Management Productive Resources
Marquard & Bahls
Ministry of Petroleum
New Stream Trading
OMV Refining and Marketing
OPIS (Oil Price Information Service)
Oxford Institute for Energy Studies
Paz Oil Company
Petrolland Oil & Gas Company
Petromarket Research Group
Pons Ltd Shipping Agency & Logistics
Public Company ORLEN Lietuva
Roland Berger Strategy Consultants
Saudi Arabian Oil Company (Saudi Aramco)
Société Générale Corporate & Investment Banking
Stra & Pro
The UK Petroleum Industry Associations (UKPIA)
Union Française des industries Pétrolières (Ufip)
VOF Three Bridges Consulting and Trading
VOPAK Terminal London
W. C. Heraeus
World Fuel Services Europe