Summary:  

Upon completing this course, participants can use fundamental economic thinking and concepts to support business profitability and success. They will:

Develop a baseline understanding of economic fundamentals
Connect those fundamentals to petroleum refining and the broader market
Understand how to connect these concepts with business success

Outline:

Introduction: An Economic Overview of a Petroleum Refinery

Economic Basics:

Crude and Feedstock Pricing
Product Pricing
Environmental and Regulatory Impacts on Refinery Economics
Crude and Product Logistics
Economic Risk Management

Economic Optimization:

Operations Planning
Crude Evaluation
Competitive Analysis
Refinery Investment Decisions
 Models and Tools

Who Should Attend:

This program combines a survey course, designed for anyone interested in the economics of the petroleum refining industry, with a more in-depth look at opportunities to improve refinery profit margins. It is ideal for refinery planning personnel, refinery engineers, product marketers and those in refinery coordination groups. Personnel from LP modeling companies, financial and insurance firms, service and consulting companies, catalyst suppliers and government agencies will also find the program informative and very useful.

Instructor:  

James Kleiss is a seasoned professional with over 30 years of experience in the petroleum refining industry, specializing in process engineering, project engineering, business development, crude oil and product supply, and strategic planning. He has provided senior management with critical advice on market dynamics, business development opportunities, large capital projects, and M&A activities. Notably, he has worked on significant projects such as renewable fuels, petrochemicals, and refinery fuels investments. James has successfully managed teams, regulatory compliance programs, and terminal agreements, leading to a 400% increase in renewable diesel sales to the California market. He has also developed business cases for strategic expansions, including new light crude processing, alkylation, and coking capacities. Additionally, James has provided technical support in refinery process chemicals, addressing issues like crude unit corrosion and fouling in hydrotreater preheat trains. He holds a B.S. in Chemical Engineering from Oklahoma State University.

Venue & Logistics: 

Hotel Booking Link: Book Hotel Here

*Please note this link expires two weeks before the start of the course. Please notify training@becht.com for any issues with the booking link.

Location:  15700 John F Kennedy Blvd, Houston, TX 77032

• Phone:  +12814425100
• Hotel Website
• Parking available on-site - free for all training attendees

For more information on training logistics, see the linked Attendee Info Sheet.