Long-term strategies for transforming downstream portfolios

The downstream industry is undergoing a rapid and strategic transformation, driven by evolving market dynamics, technological advancements, and shifting regulatory frameworks. Portfolio rebalancing in conjunction with increased operational efficiency and strategic investments creates pragmatic pathways to decarbonisation and profitability.

Beyond prioritising high-performing assets, visionary energy companies are combining refining and chemicals operations (a crude-to-chemicals model) to enhance operational efficiency and unleash new value streams. In addition to rationalising refining capacity in certain regions, companies are also exploring diversification into low-carbon solutions such as biofuels, renewables, hydrogen, ammonia and investing further into chemicals.

Long-term portfolio strategies, focusing on 5- and 10-year strategies, are essential to unlocking future opportunities that drive shared prosperity while advancing a resilient, low-carbon, high-growth future.

Attendee insights:

Gain insights from downstream industry CEOs on their diversification strategies and how this evolving business model enables greater investment in new industries, drives portfolio expansion and attracts new customers, clients, and products.

Decarbonising operations across upstream, midstream and downstream

Oil and gas operations account for 15% of total energy-related Scope 1 and 2 emissions globally. To meet the IEA’s Net Zero Emissions by 2050 scenario, Scope 1 and 2 emissions must be reduced by 50% by 2030. Producers have the means to achieve this target, including reducing methane emissions, the elimination of non-emergency flaring, the clean electrification of upstream facilities and equipping oil and gas processes with CCUS technologies. However, an estimated US $600 billion in investment will be needed to deliver the 50% reduction in the timeframe required. In addition, collaboration between sectors will be critical when optimising supply chain operations, allowing for greater efficiencies and increased profitability.

Attendee insights:

Understand what is needed to decarbonise upstream, midstream and downstream operations, addressing the necessary requirements related to Scope 1 and 2 emissions and identifying the effective levers for decarbonisation.

Executive Leadership: Shaping the Future of HSE in an Ever-Changing Energy Landscape

In today’s rapidly evolving energy landscape, fostering a robust Health, Safety and Environment (HSE) culture has shifted from a regulatory necessity to a strategic imperative. As operators, suppliers, regulators and investors navigate through the complexities of the energy transition, they face new exposures and operational challenges that demand an adaptative and forward-thinking approach to HSE management. This Strategic Executive panel will feature a broad range of leaders across the energy and technology sectors, as well as prominent industry regulators. The panel will explore the critical role of executive leadership and cross-sector collaboration in transforming organizational cultures, while ensuring that safety, environmental stewardship and sustainability are embedded at the heart of corporate strategies.

Attendees will gain insights into the evolving responsibilities of leadership in establishing proactive assurance mechanisms, embedding risk management into growth strategies, and developing advanced technologies and AI to promote workforce well-being and safeguard long-term value.

Attendees Insights:

• The role of leaders in influencing organizational HSE priorities and long-term resilience
• Practical strategies for integrating HSE culture within evolving energy systems and innovative AI technologies
• Ensuring robust governance frameworks to shape HSE policy and practice
• Balancing shareholder expectations with HSE imperatives, especially in a low-carbon future
• The symbiotic relationship between financial performance and a strong HSE culture