• CERAWEEK 2025 | March 10-14, 2025
  • CERAWEEK
  • March 10 - 14, 2025

Hédi Grati

S&P Global

Head of Europe Fuels & Refining

Mr. Hédi Grati leads the S&P Global Fuels and Refining team for the Europe/CIS region, and prepares the quarterly long-term price forecasts for crude oil and refined products relevant to the European market. He specializes in the future of European refining in a decarbonizing world, and the refinery's heavy fractions. He joined S&P Global through its acquisition of IHS Markit. He joined IHS Markit in 2014, where he has carried out numerous tailored consulting assignments for national and international oil companies, traders, logistics providers, and financial institutions. He also headed the supply and demand section of the IHS Markit Multiclient Study “Navigating choppy waters,” which focuses on the bunker fuel transition. In 2019, he was in charge of shipping policy for the latest Multiclient Study “Reinventing the Airplane and the Ship,” about the decarbonization of aviation and maritime transport. Mr. Grati is regularly quoted by Bloomberg and OPIS. Before joining IHS Markit, Mr. Grati worked for ExxonMobil, most recently as heavy products optimizer for Europe, where he helped prepare the company for the 2015 bunker specification change in the emission control areas. He also held various technical, operational, economic, and supervisory roles at two of ExxonMobil's refineries. Mr. Grati holds a Master of Science in civil engineering from Ghent University, Belgium, and an Executive MBA from Antwerp Management School, Belgium. He is a native Dutch speaker, and fluent in English and French.

Sessions With Hédi Grati

Wednesday, 11 March

  • 07:30am - 08:40am (CST) / -

    Future of Shipping: New technologies, new fuels
    Downstream, Midstream & Chemicals Mobility/Transportation

    In April 2018, the International Maritime Organization agreed on its initial strategy on GHG emissions from ships, to cut carbon emissions from shipping in half by 2050 relative to 2008 levels. At the same time, maritime transport will remain the backbone of world trade and global supply chains, growing by around 2.5 times by 2050, at almost 3% per year. With no clear strategy to achieve the ambitious decarbonization targets, the outlook is uncertain. What pathways can be adopted to ensure GHG emissions targets can be met, and what are the advantages and disadvantages? How will new propulsion technologies change the outlook in terms of substitution and fuel efficiency—and how fast can they be implemented? What options are available to the shipping and energy industries—from novel zero-carbon fuels to other technological improvements—to improve efficiency or capture carbon?