3-Day Course


Refining & Alternative Fuels
Intersection of Economics and Technology for Energy Transition

1 - 3 October 2024

​​​​​​​​​​​​​​​​​​​​​​​​​Register Now

KEY ISSUES TO BE COVERED

MODULE 1 (OCT 1-2)
REFINING ECONOMICS

  • Petroleum Supply & Demand
  • Crude Oil Physical Properties and Valuation
  • Refined Product Grades and Specifications
  • Renewable Fuels Markets
  • Transportation Logistics
  • Crude Oil and Refined Products Pricing
  • Key Refining and Renewable Fuel Technologies
  • Refinery Configurations: Typical vs. Marginal
  • Refining Yields and Operating Costs
  • Capital and Turnaround Costs
  • Refinery Economic Analysis Methodologies

MODULE 2 (OCT 3)
RENEWABLE DIESEL/SUSTAINABLE AVIATION FUEL

  • Renewable Fuels Industry’s Role in Clean Energy Transition
  • Trends in Evolving Global Energy Supply and Demand Balances
  • Competing Renewable Diesel and/or SAF Technologies (technical requirements, licensing issues, process guarantees, carbon footprints, and construction options)
  • Renewable Feedstock Supply (global supply/demand balances, pricing relationships & logistics)
  • Commercial Feed Pretreatment and Technology Options
  • Representative Project Economics for Renewable Diesel/SAF

ABOUT THE MODULES

REFINING ECONOMICS

As concerns over climate change mount, refiners are responding by introducing novel technologies and adaptive operating practices that result in more sustainable energy. This Refining Economics course is designed to teach the fundamentals of refining economics while also considering the transformative Energy Transition that is underway around the world. A technical background is not necessary to understand course materials. Indeed, the course has proven to be useful to staff in financing, marketing, or public relations that have some involvement with refining or petroleum products. Similarly, a marketing background is not critical and the course may be helpful to refinery engineers who would like to understand how commercial and economic factors drive operating and investment decisions that affect their refineries.


RENEWABLE DIESEL/SUSTAINABLE AVIATION FUEL

Thanks to growing acceptance by the transportation sector and supported by commercially demonstrated, scalable technologies, renewable diesel (“RD”) and sustainable aviation fuel (“SAF”) plants are being built around the world. Leaning on years of advisory services in the sector, the course director will share his insight and real-world lessons learned for attendees interested in developing, owning, or operating a RD/SAF plant.

WHO SHOULD ATTEND

This course is designed to increase your understanding of petroleum products markets and how they interact with the refining industry and crude oil markets, and is of importance to:

  • Refiners
  • Sustainable Energy Developers
  • Crude Oil Producers/Marketers
  • Petroleum Market Analysts
  • Regulators/Government Officials
  • Refinery Finance Executives
  • Technology Suppliers/ Innovators
  • Project Developers
  • Commercial Business Analysts
  • Crude & Products Managers
  • Products Supply and Distribution Executives
  • Strategic/Business Development Managers
  • Financial Institutions/Energy Lenders
  • Investment Analysts
  • Insurers
  • Refiners of Aviation Fuels
  • Airline Fuel Procurement Personnel
  • Jet Fuel & Avgas Traders
  • E&C Firms/Economic Feasibility Analysts
  • Renewable Feedstock Suppliers/ Consolidators

COURSE DIRECTOR



Mr Tod D. McGreevy

President and Director
Muse, Stancil and Co.

Mr. Tod McGreevy has over 34 years of industry experience and a diverse background in petroleum refining and manufacturing. Mr. McGreevy currently serves as President and Director of Muse, Stancil and Co., a global energy consultancy headquartered in Dallas, Texas. He has been with Muse since 2003 and is also a Director of Muse's Singapore affiliate, Muse, Stancil & Co (Asia), PTE, LTD.​

During his career, Mr. McGreevy has held various positions that encompass many of the technical/ managerial functions found in the downstream sector of the petroleum industry. Previous work assignments have given him a wealth of experience in refinery economics including tactical planning and optimization, long-term, strategic planning, project evaluation, economic justification, and development, budgeting, financial performance measurement and benchmarking, and financial modeling

COURSE OUTLINE

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