This Certificate in Global Downstream Oil & Gas Operations training course is designed to train and improve the business knowledge of a wide range of professionals as follows:
- Business Development managers
- Corporate Planning professionals
- Geoscience & Engineering professionals
- Refinery professionals
- Supply Planners & Scheduling professionals
- Government regulators
- Law professionals
- Tax & Finance advisors
- Auditing personnel
- Compliance officers
- Equity analyst and Bankers
- Joint Venture officers
- Negotiators and Contracting professionals
- Trading professionals
Day 1: Petroleum Refining, Refined Products & Petrochemicals
- Introduction to Petroleum Downstream Industry
- Physical & Chemical properties of crude oil
- Crude oil selection criteria for refinery
- Essential of Petroleum Refining Industry
- Major refinery processes and refinery units
- Simple Hydroskimming Refinery
- Deep Conversion Coking Refinery
- Refinery Optimization
Day 2: Global Oil Supply and Petroleum Economics
- Making Downstream connection with Upstream Industry
- Essence of International Oil Supply – Global Reserves, Production & Trade
- Fundamentals of Oil Economics
- Fundamentals of Crude Oil Transportation – Tankers and Chartering
- Basic Principles in Pricing and Overview of Markets
- Crude Oil Markets
- Global Crude Oil Supply-Demand balance, and its impact on prices
- 50-Years history of Crude Oil Pricing, and its current pricing dynamics
- Marker crudes and crude oil Benchmarks
Day 3: Downstream Value Chain Optimization
- Essential Elements in Crude Oil Sales Contracts to Refineries
- Basic Crude Oil Refining and Advanced Refinery Upgrades
- Importance of Petrochemicals and its impact
- Refining and Petrochemicals Integration
- Value Chain Optimization and Maximizing Return on Investment
- Managing Contractual and Environmental Risks
- Pipelines, Storage and Transportation Logistics in Downstream
- Refinery Economics and Optimization of Downstream
Day 4: Downstream Market Structures and Trading
- Introductory Concepts in Oil Trading
- Interface with retailers
- Downstream Supply Chain management
- Total Barrel Economics
- Oil Market Derivatives – Futures, Forwards, Swaps, Option
- Price Volatility Exposure and its Defensive Practices
Day 5: Downstream Petroleum Dynamics and Risk Management
- Hedging – Risk Management
- Pricing Management
- Derivatives
- Examples of Oil & Gas Futures Contracts, Swaps, and Options
- Common mistakes by Oil & Gas Companies in Hedging
- A Guide to Developing A Corporate Fuel Risk Management Policy
- Challenges to Petroleum Industry and Trends in New Technology