Course description
Commercial Aspects of Oil Refining (Public & Virtual)
This 3 Day is designed to provide an overview of crude oil and refining process covering physical and commercial aspects of refinery operations and economics. The course will offer effective and practical knowledge of commercial parameters in oil refining and trading. It will make attendees understand how crude supply and products trading can improve refining margins and how commercial decisions are made for refinery economics and planning. The course material covers refining process, refinery economics, crude selection, oil pricing, supply and trading, marine freight, and project economics using real-life examples generally practices in refining and marketing organizations.
Upcoming start dates
Suitability - Who should attend?
Who should attend
- Oil and gas engineers
- Planning engineers and managers
- Marketers and traders managers
- New entrants to the downstream oil functions
- Business analysts
- Banking and government officials dealing with petroleum downstream
- Finance and accounting analysts
- Procurement and Sourcing
Outcome / Qualification etc.
- Fundamental principles of refinery operations and economics
- Refinery configuration and its impact on economics
- Calculation of feedstock cost and refining margins
- Arbitrage trade and calculating trading margins
- How crude oil and product markets are structured
- How refining operations are optimized
- Calculating freight cost and voyage economics
- Negotiating oil sales/purchase contracts
- Managing cargo operations and documentation
- How to develop and operate business plans
Course delivery details
All London Petro Academy courses are available face to face classroom style as well as virtually.
They are also available In-House and can be tailored to your company's specific requirements.
Request info
London Petro Academy Limited
Worldwide Leading Oil & Gas & Renewable Energy Training Provider headquartered in London, we have been operating all over the world providing world-class training courses for oil and gas and renewable energy professionals. London Petro Academy covers the entire Oil...