ART '2025

Key Issues & Trends

Early Bird Fee (Till 1 Dec 2024), Team Fee (2 - 4 Delegates) & Group Fee (5 or more Delegates) discount options are offered for attending.

An industry colloquium with insights from trading, refining and technology specialists and ample opportunities for one to one interactions and discussions.

A focussed two-day event capturing the highlights of oil market trends in the final quarter of 2024, as a stage setter for all industry players to steer the course for 2025,  against the backdrop of oil price volatility, shifting demand trends and the geopolitical landscape.  

Asian Refining and Petrochemical Integration

After decades of rapid capacity expansion to meet the region’s growing oil product demand, Asian refiners are now shifting towards more nuanced strategies. While some markets will continue to see rising oil product demand as incomes grow, more mature markets are experiencing a slowdown in transport fuel growth, even as the demand for petrochemicals continues to expand.

Integration between refining and petrochemicals has become the dominant strategy across the region, but significant questions remain:

• How quickly should refiners move toward petrochemicals? Is there a risk of oversaturating the market, potentially exacerbating the recent petrochemicals downcycle?
• Will transport fuels see another period of strong demand? Could this happen even as investment in the sector slows?

These questions are critical, with far-reaching implications for the downstream oil business in Asia.

Asian Trading & Refining Nexus

As Asia shifts from rapid expansion to a focus on efficiency and optimization, trading has taken center stage. Both global and regional players are reshaping their activities in Asia, with major refiners and national oil companies (NOCs) establishing substantial trading teams. The strategies are evolving, with traders increasingly acquiring refining assets across the region, blurring the lines between international oil companies (IOCs), NOCs, refiners, and traders.

This transformation raises several important questions:

• Will traders continue to acquire refining assets? Could this trend continue as other players seek to divest these assets?
• Which markets are most attractive for investment? What makes certain markets more appealing for traders and refiners alike?
• What are the broader implications for the region? How will these shifts impact the industry landscape in Asia?

This could be the beginning of a significant regional business transformation.

Sanctions, Carbon Regulations, and Alternative Fuels: Impact on Asian Refining & Trading

Refiners and traders in Asia face a range of uncertainties, from evolving sanctions to varying carbon regulations and costs. Additionally, changes in crude oil availability and the rise of alternative fuels present both opportunities and challenges.

Given these pressing issues, it's fitting that industry leaders will convene in Singapore—Asia’s oil trading hub—for the inaugural Asian Refining and Trading Exchange (ARTE ’25). This promises to offer a deep dive and intense focus into how the region’s business landscape is evolving, alongside invaluable networking opportunities.