COURSE OVERVIEW

This practical and highly-interactive course includes real-life case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. 

 

This course is designed to provide delegates with detailed and up-to-date overview of Economic Framework of Refining. It covers the importance of refining industry in the energy sector; the types of refineries and their operations; the basic refining processes and products; the crude oil market dynamics, types of crude oil and their characteristics and refinery feedstocks and their selection criteria; the refinery operations and processes including distillation, cracking, hydrotreating, catalytic reforming, refinery configuration and optimization; the refinery economics and profitability analysis; and the cost structure of refining operations and key performance indicators. 

 

During this interactive course, participants will learn the product markets, the factors impacting product demand and supply and refinery margins and their drivers; the refining industry competition and market structure, regional and global refining capacity and supply-demand balance; the impact of consolidation and integration on refining industry profitability; the latest refinery technologies and the role of innovation and technology in enhancing refinery economics and sustainability; the environmental regulations, sustainability challenges and opportunities in the refining industry; the role of renewable fuels and alternative feedstocks; and the demand, supply projections, key drivers, challenges, future trends and opportunities.