European Refining Virtual Conference

Torbjørn Kjus has 20 years of experience in analysing the global crude and refined products markets. He worked 6 years as an oil analyst and trader in Norsk Hydro in Oslo and BP trading in London before he took up a role as Chief Oil Analyst in DNB Markets in Oslo in 2007. He held this position for 11 years but currently works as Chief Economist in Aker ASA, the listed industrial investment company. Torbjørn was by Norwegian institutional investors ranked as the number one financial analyst independent of sector when he resigned from DNB in 2018. For the Oil & Gas sector Torbjørn was ranked as the number one financial analyst during his last four years in DNB. Torbjørn annually held 250 presentations on the global oil & gas markets to investors and oil industry worldwide and was frequently quoted in media such as Bloomberg, Reuters, Platts, Wall Street Journal, Houston Chronicle, etc. He regularly briefed the US Treasury in Washington D.C. on the global oil market and provided consultations about the market to the Norwegian Ministry of Petroleum, to the Norwegian Pension Fund (NBIM) and to the Norwegian Central Bank. Torbjørn is particularly known for having predicted the oil price crash as a consequense of the US shale oil revolution, first published in the report “The fat lady has started to sing”.

Francesco Di Salvo is Associate Editorial Director, Clean Refined Products, Europe and Africa. At S&P Global Platts, he has been covering the refined product markets since 2013 and currently leads the price reporting teams for middle distillates and light ends.

Prior to joining Platts, Francesco analysed the upstream oil and gas markets, with field postings in Nigeria, UAE, Turkey and the Kurdistan Region of Iraq, where he followed the nascence and consolidation of the hydrocarbons industry.

Francesco holds a BA from the University of Bologna and an MSc from the London School of Economics (LSE).

John Cooper was appointed Director General, FuelsEurope and Concawe in April 2015. He started his career in the motor industry working on future powertrains, and after 3 years moved to BP Downstream where he has 27 years of experience. His previous role was as Director, Renewables Strategy Downstream, leading BP’s commercial compliance strategy for renewables regulation. He has also had business leadership roles in aviation fuels and lubricants, transport energy policy, and fuels technology, in the UK and USA, and has represented the UK fuels industry at the UK Automotive Council Technology Group. He holds a BA in Engineering from Cambridge University.

Kristine Petrosyan leads refining, crude, and product market research for the International Energy Agency's flagship Oil Market Report. She started her career in Ernst&Young's Moscow office in the corporate finance department. After graduating with an MSc in Energy Studies from the University of Dundee in Scotland, she joined BP in London as an upstream commercial analyst for Russian projects, moving on later to trading analysis. Prior to joining the IEA, she worked in BP and Glencore as a middle distillates trading analyst.

Dr. Jorge León is an energy economist with bp’s Economic and Energy Insights team in London, analysing economic and global energy market developments, and helping to provide frontline advice and support to bp's businesses to inform decision making.

He supports the team’s analysis of oil and refining markets and contributes to bp’s highly regarded external products — the BP Energy Outlook and BP Statistical Review of World Energy.

He has more than 13 years of experience in research and consulting in the energy sector, with significant expertise in monitoring, analyzing and forecasting world energy and oil developments.

Previously, he worked at the Organization of the Petroleum Exporting Countries (OPEC), where he was one of the main authors of OPEC’s flagship publication, the World Oil Outlook. He also coordinated OPEC’s internal medium-term oil market report, managed a number of research projects and led OPEC’s international dialogue initiatives with the European Union, the International Energy Forum and the International Energy Agency.

A native of Ecuador, Dr. León holds a Ph.D. in Economics from the University of Navarra and an M.Sc. degree in Economics and Finance from CEMFI. He has also taken professional training courses from the French Institute of Petroleum (IFP) and the British Energy Institute.

Patrick Kulsen is managing director at Insights Global, consisting of PJK International and TankTerminals.com. He currently has the role of general manager and senior consultant. In 2006 Patrick joint PJK as the second person alongside his father Pieter Kulsen. Together with his farther he managed to grow the company to its current form. In 2013 he officially acquired the company and in 2016 PJK and TankTerminals.com merged into one company.

Curiosity to understand commodity industries and ambitions to grow the business are his main professional drives. His broad academic and technical education highlights this intrinsic motivation to look at subjects from all angles, to innovate and to seek intellectual challenges.

As general manager, Patrick is responsible for daily and long term business of the whole group. After integration and reorganizing TankTerminals.com and PJK into one coherent business the accelerated growth of the new company is now his main focus. For various clients active in oil trading, oil products/chemicals distribution and at tank storage companies, Patrick heads market research and consultancy projects. Recent projects focused mainly on market and commercial Due Diligence of tank terminal assets up for sale.

Patrick has degrees in Quantitative Finance (MSc.), Industrial Engineering (MSc.) and Mechanical Engineering (B).

Elitsa Georgieva, CITAC Executive Director, has extensive experience in managing projects across the downstream oil sector in Africa and delivering insights that support clients’ decision-making and policy formation processes. Elitsa focuses on project management and consultancy and has also as set up and oversees CITAC’s short- and long-term product demand and supply forecasts for all countries in Africa, and trade balances for the continent and its sub-regions. Elitsa joined CITAC in 2005 from KBC Process Technologies (formerly Petroleum Economics Ltd.) and has led many commercial and economic studies on various African markets and energy sector infrastructure projects. Elitsa is currently heading CITAC’s expansion into the gas and power sectors in Africa, as well as overseeing the company’s consultancy services. Elitsa holds M.Litt (Distinction) in Middle East Security from the University of Aberdeen, BA (Hons) in Economics and BA (Hons) Political Science and International Relations from the American University in Bulgaria, supplemented by advanced training in oil trading and risk management and membership of various professional organisations, including the Energy Institute.

Anselm Eisentraut joined Neste in 2015, and is currently Head of Market Intelligence in Neste's Strategy unit. He is responsible for providing strategic market intelligence on renewable fuel markets and broader energy sector developments. Prior to joining Neste, Anselm spent 6 years as Renewable Energy Analyst with the International Energy Agency in Paris. He holds a Master in Landscape Ecology. While Anselm is closely following developments in the renewable fuel markets around the world, he is keeping his own fuel consumption low by moving around Helsinki on his bicycle all year round.