Crude prices have dropped notably in recent years and the effects are being felt worldwide. Falling prices and geopolitical tensions are some of the most critical challenges confronted by the industry. Over the last decade two key trends have surged: shale oil wells emerging across the US and demand for oil in the East soaring.
ESCP Business School and its Energy Management Centre are delighted to invite you to our November events in London.
1. Invited Talk on "The Global Crude Market & Its Pricing Challenges"
Speaker: Vyacheslav M. Mishchenko,Senior Vice-President - Russia and FSU, Argus Media
When: 8th November 2016
Time: 19:00-21:00
Location: ESCP's London Campus
Crude can provide huge liquidity and excellent opportunities to profit in practically all market conditions despite the energy sector volatility. Today's energy executives need to successfully do business in an era of low oil prices.
The event will take place at ESCP's London Campus at 7:00 pm on 8th November, 2016.
Participants will hear the latest on:
- Seismic changes in the world oil trade
- US crude export flows to grow
- OPEC’s changing role
- Russian crude to go East
- Will crude become a cyclical market?
The talk will be followed by a networking reception, allowing attendees the opportunity to meet the speaker and network with our MSc in Energy Management (MEM) students and Alumni.
Admission to the event is free of charge, but places are limited on a selective first come first served basis.
To register, please click here.
2. Invited Talk on "Formation and Evolution of European Gas Prices"
Speaker: Lucie Roux, Senior Specialist, European Gas, Platts & (EMEM Class, 2012)
When: 16th November 2016
Time: 18:00-20:00
Location: ESCP's London Campus
Europe represents one of the regions where the most important developments in price formation have taken place over the last decade. The continent registered a significant shift to 64% gas hub price indexation in 2015 from 15% in 2005, gas volumes imported under oil-indexed contracts were replaced or renegotiated whereas oil-price indexation in Europe dropped to 30% from 78% in the same term (IGU).
The European gas market attractiveness was powered by the crucial role of governments and the key players in the industry that embarked in ambitious regulatory reforms as well as gas reverse flow pipeline projects, boosted LNG imports into Spain, France, Italy, Turkey, Portugal and Greece (and Lithuania) with the goal to establish hubs in South of Europe and boost diversification of supply.
Today’s energy leaders need to keep abreast on the recent global developments in the industry and key elements to maximise business opportunities in the current challenging low oil and gas price environment
The event will take place at ESCP's London Campus at 6:00 pm on 16th November, 2016.
Attendees will hear the latest on:
- Liberalisation, hubs liquidity and connectivity, convergence with UK and Dutch ‘epicentre’
- Spot and prompt wholesale price drivers, balancing activity, example of price assessment
- Oil-indexed gas contract price formation: reason for change?
- Emerging hubs in south of Europe, diversification of supply
- Towards more gas price convergence (Europe and worldwide)?
The talk will be followed by a networking reception, allowing attendees the opportunity to meet the speaker and network with our MSc in Energy Management (MEM) students, Alumni and industry practitioners.
Admission to the event is free of charge, but places are limited and allocated on a selective first-come, first-served basis.
To register, please click here.
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