Association Webinars: Oil in the Crosshairs



The recent ransomware attack against Colonial Pipeline and disruption of its fuel deliveries came in the same week that oil and gas assets were deliberately targeted by rocket fire during cross-border fighting between Israel and Gaza.

While oil and gas assets have come under fire many times over the years, the frequency of these episodes has sharply increased in recent months. Before the targeting of Colonial and the assets in Israel, the recent proliferation in attacks on oil infrastructure – from Saudi Arabia to Libya to tankers sailing between terminals – should be sounding an alarm for policymakers and corporate leaders alike.

How should industry and government respond to strengthen security in the physical and cyber spheres? What should market participants and investors expect as malign actors scope new targets and as mitigation strategies are implemented?

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Clay Seigle is Managing Director of Vortexa's business in the Americas. He brings 22 years of experience in the oil and gas industry and specializes in oil market intelligence. Prior to joining Vortexa, Clay led the oil business unit at Genscape (now Wood Mackenzie), using remote sensing and proprietary modeling to measure the volumes of oil held in storage, transported via pipeline and consumed at refineries. Clay previously served as Energy Segment Lead at Maxar, Senior Manager of Commodity Market Intelligence at IHS Markit, Senior Oil Market Analyst at Enron, and Analyst at the US Department of Energy. Clay is a member of the Houston Committee on Foreign Relations, the US Association of Energy Economics, the World Affairs Council of Greater Houston and the Houston Energy Finance Committee. He has been a guest on CNBC's "Fast Money" and "Worldwide Exchange," and has been interviewed in The New York Times, The Wall Street Journal, The Houston Chronicle, Bloomberg, Reuters and CNN.

Suzanne Danforth is the Americas Markets Lead for downstream/NGLs at Wood Mackenzie, who leads our global short-term demand outlook and focuses on our North American short-term and long-term demand in addition to managing the regional team on downstream oil and NGL analysts.

She has 20 years of experience in the energy information space, from developing methodologies and price assessments for global energy and metals commodities at Argus and S&P Platts to leading near-real-time product development for NGLs and refined products fundamental data at Genscape.

Prior to joining Wood Mackenzie, Suzanne managed the downstream oil team at Genscape, leading content creation and product development focused on providing transparency in oil fundamental data and markets.

She has a bachelor’s degree from Rice University in Political Science/Economics and is completing her masters’ degree at Penn State for Data Analytics.

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Event Date: June 10, 2021

Event Time: 10:00 - 11:00 AM Eastern Time

Topic: Oil in the Crosshairs

Speakers: Clay Seigle and Suzanne Danforth

Price: FREE

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