By the end of this course, participants will be able to:

1. Understand the fundamentals of refining economics and key performance indicators.
2. Analyze refining margins and profitability drivers.
3. Evaluate the impact of crude quality and product mix on economics.
4. Assess global refining trends and competitive positioning.
5. Explore future challenges and opportunities in the refining industry, including energy transition and decarbonization.
6. Apply economic principles to real-world refining scenarios.

• Refinery Managers and Supervisors.
• Process Engineers and Economists.
• Business Development and Strategy Professionals.
• Financial Analysts in the energy sector.
• Traders and Marketers in oil and gas.
• Anyone seeking to understand refining economics and future trends.

• Interactive Lectures: Core concepts explained with industry examples.
• Case Studies: Real-world refining economics scenarios.
• Group Exercises: Margin calculations and scenario analysis.
• Industry Reports Review: Latest trends and forecasts.
• Q\&A Sessions: Open discussions with expert trainers.
• Daily Quizzes: To reinforce key concepts.
• Group Exercises: Margin calculations and scenario analysis.
• Final Case Study Presentation: Participants apply concepts to a real-world scenario.
• Trainer Feedback: Individual and group performance review.

Day 1: Introduction to Refining Economics

• Overview of refining industry and value chain
• Key economic drivers and terminology
• Refinery configurations and complexity

Day 2: Cost Structures and Margin Analysis

• Operating costs and capital costs
• Gross and net refining margins
• Impact of crude selection on economics

Day 3: Global Market Dynamics

• Product demand trends and pricing
• Regional refining competitiveness
• Trade flows and supply-demand balances

Day 4: Energy Transition and Future Challenges

• Impact of decarbonization and renewable fuels
• Regulatory pressures and carbon pricing
• Digitalization and efficiency improvements

Day 5: Practical Applications and Case Studies

• Margin optimization exercises
• Scenario planning for future refining
• Group presentations and wrap-up discussion

CDGA attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.