Refinery Integration and Adaptation

The world of energy is going through a profound transition where traditional fossil fuels are losing favours with the society in general due to increased environmental awareness and climate change. The big gas guzzlers which use to be the norm around the world and people use to take pride in their possessions are becoming a thing of the past. Electric cars are already selling like hot cakes and many countries have already announced that by 2030 onwards there wouldn’t be any new gasoline or diesel cars produced in their countries. Even the so called transition fuel of natural gas is gradually being replaced with renewable sources of energy. Crude oil is projected to drop to 80 MMb/day from a high of almost 100 MMb/day before the Covid 19 pandemic. However, such trends will have a profound impact on one sector of oil sector and that is refineries.

The current model of refineries to make margins is completely skewed towards transportation fuels, yet that’s the very area the biggest cuts in demand are projected to happen. The industry is aware of this problem in general and a logical route is to invest more in the integration of the refinery with petrochemical plants. However, that does carry the risk that there may be excess capacity in the markets and the large amounts of investment needed for building these complexes may not be profitable as petrochemical is a volatile market not profitable everywhere.

Refineries in the Middle East and Europe are in a vulnerable state and several of them have either closed down or merged and this may happen much more in the future.  This training course will provide the in-depth analysis of the market dynamics of how margins in general can be improved region wise in general and what integrations or adaptations may be necessary for some regions to stay in business.

This Refinery Integration and Adaptation training course will highlight:

• The current working of typical refineries
• What changes are on the horizon for this investment heavy sector
• Cost analysis, economic scenarios and case studies for the sector and the integration/adaptations
• Improving economics of the complex
• Region wise refinery outlook and dynamics to minimize disruption. 

By the end of this Refinery Integration and Adaptation training course, participants will learn to:

• Identify the scale of challenge
• Understand the technical & operational aspects integration/adaptations concept
• Analyse the various models adapted by successful refiners from around the world
• Improve on skills to build on current capabilities
• Develop economics of their current complexes

This Refinery Integration and Adaptation training course is suitable to a wide range of professionals but will greatly benefit:

• Planners
• Business Development Managers
• Corporate Planning Professionals
• Transportation and Urban Planners
• Energy Professionals
• Government Regulators
• Sales and Business Development Professionals
• Equity Analyst and Bankers
• Joint Venture Officers

Participants to this training course will receive a thorough understanding on the subjects covered by the course outline with the trainer utilising a variety of proven adult learning teaching and facilitation techniques. Seminar methodology includes professional schematics, videos, case studies surrounding the topic which will enable the participants to have an in-depth understanding of the topic as well as practical skills to implement the learning into real life strategies.

The participants will get the knowledge to initiate or improve the implementation of the current refining complexes and make their operations prepared for the future where survivability will be vital

• Improving the know how of upcoming challenges to the current refining model
• Improve the skills of the employee
• Better decision making
• Improving project planning and performance
• Implementation of the planned strategies
• Improving the design of technical and financial planning

By the end of this PetroKnowledge Refinery Integration and Adaptation training course, participants will be able to efficiently develop and manage the CNG transportation sector.

• Better understanding of the dynamics of the refining sector
• Improve the skills of decision-making.
• Develop skills to assist in the evaluation of corporate opportunities and risks
• Increase the knowledge of the importance of the economic survivability in a changing world
• Understand the key changes about to happen in the refining sector
• Develop the skills to increase and optimise the maximum profitability of the existing refineries