International Oil Supply, Transportation, Refining and Trade

Start Date End Date Venue Fees (US $)
19 Apr 2026 Istanbul, Turkey $ 4,500 Register
09 Aug 2026 Manama, Bahrain $ 4,500 Register
22 Oct 2026 Jeddah, KSA $ 4,500 Register

International Oil Supply, Transportation, Refining and Trade

Introduction

This course provides an overview of the oil supply chain from upstream economics, transporting crude oil from source to the refinery through processing, trading, and the retailing of oil products. This course is ideal for use as part of an induction program or for bringing those transferring disciplines up to speed with the area.

Objectives

    The structure of a refinery will be explained in the context of the need to produce marketable products. Key aspects of product quality will be covered together with the major refining processes needed to achieve them. The refining interface with petrochemicals and retail/distribution will also be covered.

Training Methodology

This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.

Who Should Attend?

This course is designed for project managers, plant managers, plant supervisors, technical staff, and contractor personnel involved in shutdown execution and plant startup in any process industry.

Course Outline

  • Refinery fundamental analysis
  • Energy Chain principles
  • Wells characteristics
  • Safety Practices
  • How to value 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
  • Process plants characteristics
  • Process Overview
  • 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
  • Compensation for Products
  • Fundamental economic drivers of the downstream
  • How the international oil markets are priced
  • The basic use of hedging within a trading environment

Accreditation

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