22 January - 24 January 2019
Houston, Texas

Argus Americas Crude Summit

  • 09:00
  • -
  • 19:00
  • Registration
  • 09:00
  • -
  • 12:00
  • Pre-conference workshop: Navigating Marpol VI Stephen Jones - Senior Vice President, Global Head of Oil Products, Argus

Navigating Marpol VI will provide attendees with deep analysis into the key components of Marpol VI regulations and impact on global crude demand. Learn about the different scenarios facing the industry to become compliant and what that means for the crude market as 2020 nears. Topics to be discussed include:

 

Crude Oil & Refinery Basics
-Crude oil types and properties
-Refinery basics
-Refinery unit operations

Oil and Refining Market Trends 
-Prices
-Oil production & exports
-US refined product demand & exports
-Current and forecast future trends

MARPOL VI
-Definitions and background
-Ship scrubbers
-Market effects & enforcement
-Bunker fuel blending and specifications


*Fee - $499 for conference attendees

Speakers:
Steve Weber, Vice President Petrochemical Consulting, Argus
Ed Arnold
, Senior Consultant, Argus

  • 14:00
  • -
  • 17:00
  • Pre-conference workshop: The evolving role of crude benchmarks James Gooder - Vice President, Crude, Argus

This workshop will give insight into recent trends for global crude benchmarks in the world’s key market centers, including:

 

US Gulf coast and North Sea: Understand how increasing volumes of US crude exports and investment in US Gulf coast infrastructure will change the competitiveness of WTI crude in the international market.

Middle East and east Asia: Understand the pricing mechanisms for Mideast grades into Asia, and how new futures contracts are performing in China.

 

*The benchmark workshop is complimentary for all conference delegates.

 

Speakers:
Alejandro Barbosa, Vice President, Crude & LPG – Middle East & Asia-Pacific, Argus
Gus Vasquez
, Americas Crude Editor, Argus

 

Moderator:
Jeff Kralowetz
, Vice President Business Development, Argus

  • 17:00
  • -
  • 19:00
  • Opening reception
  • 19:00
  • -
  • 22:00

Enjoy a special evening with your industry peers before the start of the conference!

 

Hear from Mr. McNally and his views on what future US shale production, Opec strategy and global oil demand might mean for crude market volatility in 2019.

 

*The industry dinner is $199 for all conference delegates.

 

Learn more about the industry dinner

  • 07:00
  • -
  • 08:30
  • Registration and breakfast
  • 08:30
  • -
  • 08:40
  • Chair's remarks
  • 08:40
  • -
  • 09:30

H.R. McMaster

26th Assistant to the President for National Security Affairs

- Lieutenant General, U.S. Army, Retired

- New York Times Bestselling Author

- Senior Fellow, The Hoover Institution

Former National Security Advisor Lieutenant General H.R. McMaster is recognized for his leadership in the Gulf War, Operation Enduring Freedom and Operation Iraqi Freedom. Named one of TIME's "100 Most Influential People in the World" and Fortune's "50 World's Greatest Leaders", hear from Lieutenant General H.R. McMaster at the Argus Americas Crude Summit as he shares his experience on leadership, global security and international affairs.

 

Moderator:
Euan Craik, CEO, Americas, Argus

  • 09:30
  • -
  • 09:45
  • Short break
  • 09:45
  • -
  • 10:30

- The shale revolution and US crude exports have made the US a key crude supplier to the world markets. US production appears poised to continue to grow, but could pipeline access, workforce shortages, environmental concerns and international trade conflicts threaten this growth? How rapidly do producers plan to grow US oil production, and where will they find the capital to execute their plans?

 

 

  • 10:30
  • -
  • 11:00
  • Morning break
  • 11:00
  • -
  • 12:00
  • Session 1: Policy impacts on global crude markets RBC Capital Markets and Independent Petroleum Association of America

Global oil markets react – What’s next? How deeply will US sanctions on Iran cut global crude supply and how are pivotal buyers such as China, Russia and India likely to respond? How are suppliers, including Saudi Arabia and Iraq, reacting? Is China willing or able to cut purchases of US crude supply in the long term?

- New Congress, new rules – Local politics and global impacts: In January, the US will have a new Congress, state legislatures and governors in place. How will new federal and regional political leaders affect infrastructure building, access to lands, tax treatment and international trade policy? 

 
Speakers:
Helima Croft, Managing Director, Global Head of Commodity Strategy, RBC Capital Markets
Lee Fuller
, Executive Vice President, Independent Petroleum Association of America
  • 12:00
  • -
  • 12:30
  • Presentation: Can shale demand meet oil supply? Pedro Antonio Merino Garcia - Chief Economist and Director, Economic Research Department, Repsol

- What is the outlook for global shale production and can shale demand meet shale oil supply?

  • 12:30
  • -
  • 14:00
  • Lunch
  • 14:00
  • -
  • 15:00
  • Session 2: Navigating pipeline constraints at the US Gulf coast and future takeaway capacity Brent Secrest - Senior Vice President Commercial, Enterprise Products

- What is the long-term role of US supply in the global market?

- What infrastructure is in place to move crude supply to the US Gulf coast for export?

- What are the storage options? 

- Where are the bottlenecks and what still needs to be done to best connect supply to demand regions?

- What are the hedging and risk management strategies?

 

  • 15:00
  • -
  • 15:30
  • Fireside chat: A refiner's perspective on market access for US crude Brian Mandell - Senior Vice President of Marketing and Commercial, Phillips 66

- How are refiners valuing crude barrels from west Texas, Cushing and Canada? What are the logistical constraints and other hurdles impacting their crude slate decisions?

- What investments are on the horizon for US refining? What is the status of pipelines from Permian to Corpus?

- What are the projections for total US crude exports? Will current projects provide enough takeaway capacity out of the Permian?

 

  • 15:30
  • -
  • 16:00
  • Afternoon break
  • 16:00
  • -
  • 17:00
  • Session 2: Panel discussion on the Latin American market – Hot spots and regions to watch Petrobras, Center for Energy Studies and Argus

- What will be the role of Brazil to fill lost volumes from Venezuela’s decline? How much investment is flowing into Brazil’s oil upstream? Is the country’s services sector ready to meet demands in the wake of recent upheavals and government investigations? How will Brazil’s relationships with Asian buyers develop in the wake of a US trade war with China and the downturn in Venezuelan production?

 

- Mexico – New president, new strategy? What impact will AMLO have on Mexico’s energy reform? Will he continue to embrace the privatization of Mexico’s upstream? How likely will he be to invest in building new refineries, and what is his strategy for exporting crude?

 

- Where is the bottom for Venezuelan production and what is their future in Opec? How effective will recent court decisions be allowing PdV creditors to pull their money from Venezuelan assets, and what are the scenarios for Venezuelan output to recover?

 

Speakers:
Giselle Coehlo
, Global Crude Oil Trading Manager, Petrobras
Francisco Monaldi
, Fellow in Latin American Energy Policy, Center for Energy Studies
Patricia Garip
, Contributing Latin American Editor, Argus

  • 17:00
  • -
  • 19:00
  • Reception
  • 07:00
  • -
  • 09:00
  • Registration and breakfast
  • 09:00
  • -
  • 09:05
  • Chair's remarks Stephen Jones - Senior VP Petroleum Business Development, Argus
  • 09:05
  • -
  • 09:45
- Why are European refiners making the switch to US shale? How might IMO regulations impact European demand for US shale in the future?
  • 09:45
  • -
  • 10:45
  • Session 4: Refinery outlook for PADD I and PADD III – Challenges and opportunities Monroe Energy and Argus

- US Gulf coast refined product exports: What will be required for the US Gulf coast to continue with the amazing growth of refined product exports to Latin America, Europe and other regions? Could we see a resurgence in the Latin American refining sector? What is the outlook for new light oil product production capacity in the US Gulf coast?

- East coast refiner's perspective: What are the economic challenges for east coast refiners? How do light, sweet refiners stay competitive as IMO marine fuel regulations take effect? What risk do mid-continent refiners and their access to traditionally east coast markets pose to Pennsylvania refiners? What are the prospects for the current US administration to help US east coast refiners navigate Jones Act restrictions?

 

Speakers:
Ed Arnold, Vice President Consulting, Argus
Tracy Sadowski, Financial Planning and Economics Leader, Monroe Energy, Trainer Refinery


  • 10:45
  • -
  • 11:15
  • Morning break
  • 11:15
  • -
  • 12:30

Hear a panel of experts discuss the latest US crude export infrastructure developments and impact on global trade flows, including:

- What facilities are available along the Texas coast?

- Is there enough storage and docks to export 3 mn - 4 mn b/d?

- Will more Texas offshore export facilities be built?

- What would a potential Capline reversal mean for US Gulf coast crude supply and exports?

 

Speakers:
Corey Prologo, Head of Oil Trading for North America and Head of the Houston Branch, Trafigura Trading LLC
Mark Roles, Vice President Commercial Crude Oil, Magellan Midstream
Andy Lipow, President, Lipow Oil Associates

Moderator:
Jeff Kralowetz, Vice President Business Development, Argus

 

  • 12:30
  • -
  • 13:45
  • Lunch
  • 13:45
  • -
  • 15:00
  • Session 6: Panel discussion – Analyzing the impact of IMO 2020 Motiva Enterprises, Maersk Oil Trading and Glencore

- Hear a panel of industry experts discuss the impact of the largest market disrupter the energy industry has seen in decades. Understand how refiners are valuing bottom of the barrel crudes and how Marpol regulations will ultimately affect the supply chain as 2020 nears.

 

Panelists:
Rick Marriner, Trading Manager, Motiva Enterprises
Marc Refsoe Holm, Regional Trading Head Americas, Maersk Oil Trading 
Mikhail Shapiro, Head of IMO 2020 Implementation, Glencore

 

Moderator:
Stephen Jones, Senior Vice President, Global Head of Oil Products, Argus

  • 15:00
  • -
  • 15:30
  • Afternoon break
  • 15:30
  • -
  • 16:00
  • Presentation: The fear factor of IMO and US trade policy Dr. Phil Verleger - Owner and President, Visiting Fellow, PKVerleger LLC & Colorado School of Mines
-Hear a unique perspective on the impact of IMO and the future health of the global economy. Get insight into how US political posturing and trade war threats could ultimately lead to a worldwide financial crisis.
  • 16:00
  • -
  • 16:30
  • Closing keynote: Fuel policy uncertainty, possible future crude opportunity? Horace Hobbs - Chief Economist, Phillips 66
- Will the administration's energy and environmental policy provide clarity?

- What will drive the oil industry's course for investment and expansion through the pending period of policy perplexity? 

 

  • 16:30
  • -
  • 16:35
  • Chairman's closing remarks Stephen Jones - Senior VP Petroleum Business Development, Argus
  • 17:00
  • -
  • 19:00
  • The Carl McCain winter cocktail reception Chapman & Kirby - 2118 Lamar St.

The Carl McCain winter cocktail reception is included with the delegate registration fee. Argus makes a donation to the Carl McCain Memorial Foundation for every delegate attending their reception.

 

Location:
Chapman & Kirby
2118 Lamar St.
Houston, TX 77003

 

*Chapman and Kirby is located less than one mile from the conference venue.