Refining Economics: A Multi-Day Virtual Course
Gain an In-depth Understanding of How Refineries Make Money and What Affects Refining Investment
Announcement: Refining Economics (RE) Course Goes Virtual and will be delivered online in a four (4) hour daily session over four (4) days with a half-hour break daily
Session 1: 15 October, 8.30am – 1pm ( Singapore time)
Session 2: 16 October, 8.30am – 1pm ( Singapore time)
Session 3: 19 October, 8.30am – 1pm ( Singapore time)
Session 4: 20 October, 8.30am – 1pm ( Singapore time)
- Tune in to the course from your desk, no travelling is required.
- Flexible schedule to enable you to work around your other commitments.
- Register with your team to take advantage of new and attractive fees.
For more information, registrations and other queries, please contact us at:
Tel: (65) 6338 0064 | Fax: (65) 6338 4090
Email: refiningeconomics@ccacademy.co
A Virtual Course via a Video Conferencing Platform
The Refining Economics course is designed to teach fundamentals of refining economics to non-refiners or to those newly introduced to refining. A technical background is not necessary to understand course materials and the course should be useful to financing or marketing individuals who 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.
Conducted over FOUR HALF-DAY sessions
15, 16, 19 & 20 October 2020 | 8.30am to 1pm* (Singapore time)
*Inclusive of half-hour break
Participating Companies 2019
- ADNOC Refining
- Aramco Asia Singapore Pte Ltd
- BAPCO
- Ecomar Energy
- EMEPCO
- Esso (Thailand) Public Company Limited
- Fujairah Oil Terminal FZC
- Fujairah Oil Trading Zone (FOIZ)
- Glander International Bunkering
- GPS Chemoil LLC FZC
- HanwhaTotal Petrochemical
- Idemitsu Kosan Co,Ltd
- Kuwait Petroleum Corporation
- LUKOIL Asia Pacific Pte. Ltd
- Ministry of Oil & Gas, Oman
- Navitas Continental FZCO
- Occidental Oil Asia Pte Ltd
- Oilinvest Netherlands BV
- Pengerang Refining Company Sdn. Bhd
- Petrochemical Corporation of Singapore (Pte) Ltd
- Rabigh Refining & Petrochemical Co
- Reliance Industries Ltd
- Sakhalin Energy Investment Company Ltd
- S-OIL Corporation
- U.S. Grains Council
Course Directors
Mr. Tod D. McGreevy
Vice President
Muse, Stancil & Co.
USA
Mr. Tod McGreevy has over 29 years industry experience and a diverse background in petroleum refining and manufacturing. Mr. McGreevy currently serves as Vice-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.
Dr. Tilak K. Doshi
Senior Visiting Research Fellow, Middle East Institute, National University of Singapore
Dr. Tilak K. Doshi is Senior Visiting Research Fellow, Middle East Institute, National University of Singapore. Dr. Doshi is an industry expert with over 25 years of international work experience in leading oil and gas companies and think tanks.
His previous appointments include Managing Consultant at Muse, Stancil & Co (Asia); Chief Economist, Energy Studies Institute, National University of Singapore; Senior Fellow and Program Director, King Abdullah Petroleum Studies and Research Center (KAPSARC, Riyadh, Saudi Arabia); Executive Director for Energy, Dubai Multi Commodities Centre (DMCC, UAE); Specialist Consultant, Saudi Aramco (Dhahran, Saudi Arabia); Chief Asia Economist, Unocal Corporation (Singapore); Director for Economic and Industry Analysis, Atlantic Richfield Corporation (ARCO, Los Angeles, U.S.).
Dr. Doshi is the author of many articles and three books on energy economics, the most recent of which was “Singapore Chronicles: Energy” (Straits Times Press, 2016). He received his Ph.D. in Economics from the University of Hawaii on a scholarship provided by the East-West Centre. He was one of two candidates which were granted the 1984 Robert S. McNamara Research Fellow award by World Bank, Washington, D.C., and he received a Distinction for MA in Economics by Victoria University of Wellington, New Zealand in 1982.
KEY ISSUES TO BE COVERED
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Crude Oil Supply and Demand
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Products Manufacturing Technology
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Crude Oil Types and Quality Assays
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Refining Costs and Yields
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Product Types and Quality
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Marginal Refinery Configuration
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Tankers, Terminals and Transport
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Refining Capital Costs
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Crude Oil and Products Pricing
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Forecasting and Outlook
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Refinery Economic Analysis
Who Should Attend
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Refiners
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Financial Analysts
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Bankers
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Crude Oil Marketers
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Petroleum Analysts
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Regulators/Government
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Refinery Finance Executives
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Technology Suppliers
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Project Developers
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Commercial Business Analysts
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Crude & Products Managers
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Products Supply & Distribution Executives
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Strategic/Business Development Managers
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Financial Institutions/Energy Lenders
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Investment Analysts
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Insurers
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E&C Firms/Economic Feasibility Analysts
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Crude Producers
Why Should You Attend
- Understand how location, configuration and crude oil supply contribute to refining profitability
- Identify new refinery project opportunities and learn how to maximize their commercial value
- Discover how to develop new opportunities and reduce their operating, technical, and commercial risks
- Find out how refinery configurations affect petroleum product prices worldwide
- Improve your understanding of the role logistics plays in refinery profitability
- Learn how to interpret published information on the refining industry and refining companies
- Identify key methods of comparing refinery competitive strengths.
- Understand the nature of petroleum markets, market cycles, and their global interconnectivity
- Discover how refineries can be modified to become more profitable
- Learn why refineries prefer different types of crude oils
- Find out how trends in petroleum demand force refineries to invest
- Hear about key issues driving refinery investment in the current market
Testimonials
Get In Touch With Us!
+65 6338 0064
+65 6338 4090
refcon@ccacademy.co