- Overview
- Schedule
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
- 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
- Phone: +12814425100
- Hotel Website
- Parking available on-site - free for all training attendees
Outline:
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:
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
For more information on training logistics, see the linked Attendee Info Sheet.