|
FOR IMMEDIATE RELEASE
CONTACT: Kristi Ruskuski
kruskuski@oxfordprinceton.com
The Oxford Princeton Programme
116 Village Blvd.
Suite 230
Princeton, NJ 08540
609.524.1122
The Oxford Princeton Programme Commemorates 25th Year of Bestseller Course in
International Oil Supply, Transportation, Refining and Trading
OXFORD, UK - January, 2008:
The Oxford Princeton Programme, the world's leading education and training
provider in energy, commodities and derivatives, is proud to mark the silver
anniversary in 2008 of its highly-acclaimed course in International Oil
Supply, Transportation, Refining and Trading (SP1). This landmark course
became an instant hit when it was first offered in 1983 amongst petroleum
industry participants who sought a comprehensive overview that followed the
flow of oil throughout the entire supply chain in a relevant and practical
manner.
"International Oil Supply, Transportation, Refining and Trading was
unique then and remains so today in bringing together a renowned team of
specialists in every aspect of the stream," says Mr. Robin Burley, who
joined the course's lecturing team in 1990 before taking it on as Course
Director in 1995. "We have much to owe Mr. Alan Barton of Gulf Oil UK,
who originated the specialist instructor team and content and had led the
course until his retirement."
"No other five-day offering boasts a cadre of 'who's who' in the oil
industry whether it be the lecturing team or attending delegates," says
Clara Lippert Glenn, President and CEO, The Oxford Princeton Programme.
"The diversity of participants enhances the learning experience and
networking opportunities."
The 25th year of SP1 will be observed with three scheduled sessions in
Oxford, UK:
25 - 29 February 2008
23 - 27 June 2008
8 - 12 September 2008
Early online registration is highly encouraged as repeat sell-outs are
anticipated. This, along with other courses offered by The Oxford
Princeton Programme offer a certificate upon successful completion.
A course summary follows below, which can also be found along with
other course listings at
www.oxfordprinceton.com.
International Oil Supply, Transportation, Refining and Trading (SP1)
This course provides an overview of the oil supply chain. Topics
include upstream economics, transporting crude oil from source to
the refinery, through processing, trading, and finally, the
retailing of oil products. Designed for new entrants to the oil
industry, this course is ideal for use as part of an induction
programme, or for bringing those transferring disciplines up to
speed with the area. Through the medium of continuous case studies,
delegates will address day-to-day problems in order to understand
the relevant commercial driving forces in this area.
What You Will Learn
- Fundamental analysis
- Supply relationship with upstream
- Valuing of crude oil based on product market prices
- How to evaluate spot tanker freight costs
- How tankers are chartered
- How oil and tanker contracts are structured
- How to evaluate netbacks
- How a refinery is structured
- The refinery petrochemical interface
- The interface with retail, industrial and transportation markets
- The key points on product quality
- How key specifications are met
- How to appreciate fundamental economic drivers of the downstream
- How international oil markets are priced
- The basic use of hedging within a trading environment
Who Should Attend
New entrants to the oil industry and integrated sections such as
supply, trading and logistics. Managers changing disciplines into
the downstream, professional personnel inside and outside oil companies
interfacing with supply, refining, trading and transportation functions
and who require an overview of this sector such as legal, banking,
insurance, finance and production.
About The Oxford Princeton Programme, Inc.
The Oxford Princeton Programme, Inc., with regional offices in Princeton, NJ,
Oxford, UK and Singapore, is the world's leading provider of training solutions
to the energy, commodity and derivatives industries. In addition to
PrincetonLive.com, which offers more than 20 energy and commodity web-based
training modules, The Oxford Princeton Programme provides more than 70
instructor-led training courses. Designed for all levels of expertise, courses
include views of oil, power, natural gas and a variety of other energy,
commodity and derivatives topics.
Contact:
Kristi Ruskuski / The Oxford Princeton Programme
Tel: 609.524.1122 /
kruskuski@oxfordprinceton.com
Return to Press Room
|