Refining
Refining
- Fundamentals of Refinery Economics and Blending - FREB
-
This one-day workshop starts with a focus on specifications, blending and valuation followed by fundamentals of refining planning and optimisation; factors that affect refinery profitability, margin calculations, as well as trends in refining and product demand.
Delegates attending this course will have completed as a prerequisite the two-day Fundamentals of Petroleum Refining – A Non-Technical Introduction which is scheduled right before this workshop for those who wish to take the two courses back-to-back.
New Course 
- Petroleum Refining Made Easy - PR
-
Come and see how a refinery operates in this introductory course. See how crude oil travels though the refinery and becomes petroleum products like gasoline, kerosene and lubricants. Learn the functions of the various units. There are no pre-requisites for this course and there is no advanced preparation required for this course.
- Fundamentals of Refining and Supply Economics - TRFE
-
Fundamentals of Refining and Supply Economics is designed to provide delegates with a thorough understanding of the technical principles of refining and its economic drivers. Through a combination of presentations and case studies, delegates will learn the principles of refinery operations and planning, the commercial aspects affecting crude selection and operation of the refinery. Throughout the course delegates participate in a refinery simulation whereby they select and purchase optimal crude cargoes, nominate finished product sales. The refineries are also exposed to the vagaries of the international oil market.
- The Synergies of Refining, Trading and Supply - TRR
-
This advanced course is designed to provide delegates with a thorough understanding of the latest business techniques and refining technologies available to the oil supply, trading and refining industries, and highlights how the activities of these sectors may be optimised and synergised to maximise overall profitability. Through a variety of case studies, delegates will learn the principles of refinery planning and economics along with basic principles and techniques involved in trading and supply. Delegates will focus on the synergies between these sectors to maximise corporate profitability. Short-term operations and medium-term planning using linear programming and long-term investment decisions are addressed. It is recommended that delegates should have attended SP1 or have working knowledge of the subjects covered in that course. There are no pre-requisites for this course, nor is any advanced preparation required.
- Fundamentals of Petroleum Refining - A Non-Technical Introduction - FPR
-
You don't need an engineering degree to understand the fundamentals of petroleum refining! This exciting programme is designed to introduce non-technical oil industry members to the fascinating field of petroleum refining. Learn how a refinery works and how refinery operations affect global oil and product prices.
- Introduction to Refinery Economics - IRE
-
This course provides an overview of the economics of refining. You’ll learn how refineries make money, and what affects their profitability. We’ll review the fundamentals of refinery operations and planning, as well as optimization and blending. We’ll also cover crude oil quality and valuation. You’ll understand how refinery margins are calculated. Finally, this course will provide an overview of the market outlook for refining.
