Oil and Gas

Oil and Gas | Oil and Gas Fundamentals

Introduction to the Downstream Petroleum Industry

Course Code: N618
Course Outline:  Download
Format and Duration
2 days
4 sessions

Next Event

Location: Virtual
Date:  28th Nov - 1st Dec 2022
Start Time: 14:00 GMT
Event Code: N618a22V
Fee From: USD $1,455 (exc. Tax)

Summary

This course has been designed for downstream (refining, transportation, and marketing) sector employees, suppliers, government regulators, industrial petroleum buyers, or others interested in gaining a broad understanding of the refining, supply, and marketing of petroleum products. The course provides a North American perspective on this industry describing its infrastructure, processes, logistics, regulatory aspects, and future challenges.

Feedback

This course gives a very comprehensive overview of the downstream petroleum sector. It is especially useful to gain an understanding of how it all fits together when it comes to refining, distribution and retail.

Schedule

Event Code: N618a22V
Sessions: 4 sessions
Instructors: Vijay Muralidharan
Dates: 28th Nov - 1st Dec 2022
Start Time: 14:00 GMT
Location: Virtual
Fee From
USD $1,455 (exc. Tax)
Good Availability
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Duration and Training Method

This is a classroom or virtual classroom course providing 1.6 CEU (Continuing Education Credits) or 16 PDH (Professional Development Hours)

Course Overview

Participants will learn to:

  1. Develop a broad understanding of the key elements of refining: processes, infrastructure and issues.
  2. Explain petroleum basics: types, uses, and characteristics.
  3. Understand the principles of petroleum supply: how production is managed to meet market demands.
  4. Understand how petroleum products are distributed across the continent.
  5. Characterize the issues and challenges surrounding petroleum products, alternative fuels and engine technologies, and the environment.
  6. Develop an understanding of the key players and infrastructure involved in petroleum marketing.
  7. Examine and evaluate petroleum pump prices using the “Pump Price Margin Model” and through historical analysis of price data.
  8. Better understand issues pertaining to the downstream petroleum sector and the public, particularly in regards to pricing and price regulation.
  9. Develop a wholistic understanding of the entire downstream petroleum industry.

Day One
1. Introduction: What is “Downstream”?
2. Crude Overview
3. Refining Basics: Processes, Infrastructure and Issues
4. Petroleum Basics: Types, Uses, and Characteristics
5. Supply: Managing Production to Meet Demand
6. Distribution: Moving Petroleum across the Continent


Day Two
7. Petroleum Products and the Environment: Issues and Challenges
8. Marketing Overview: The Players and Infrastructure
9. Understanding Pump Prices - The Pump Price Margin Model
10. The Downstream Sector and the Public: Prices and Regulation
11. Understanding Pump Prices - Historical and Comparative Views
12. The Future of the Downstream Petroleum Industry

A wide range of participants have found the understanding gained to be invaluable: downstream industry employees; upstream producers; suppliers to the downstream sector; government regulators; industrial petroleum buyers; and anyone else who requires a broad understanding of the refining, supply, and marketing of petroleum products.

Michael Ervin

Background
Michael Ervin is the Senior Vice-President at Kent Group Ltd, a Kalibrate Company, which provides world-class excellence in data, analytics and consulting services relating to the downstream petroleum industry. Michael's experience in this sector spans over 35 years in management and later as a consultant. His functional specialties include petroleum marketing economics, fuel price/regulatory structures and economics, downstream operations analysis, feasibility studies, and marketing strategy. Michael is a well-known media commentator on matters relating to the petroleum industry, especially on the subject of fuel prices. His reputation for insightful, impartial and clear analysis of petroleum industry issues has led to many speaking engagements and appearances at industry and public forums.

Affiliations & Accreditation
Dalhousie University, BS,c
Canadian Forces Command and Staff College, Star II Senior Office Command and Staff Studies

Courses Taught
N618 - Introduction to the Downstream Petroleum Industry

 


 

Vijay Muralidharan

Background
Vijay Muralidharan is a Senior Consultant at Kent Group Ltd, a Kalibrate Company and has over 16 years of work experience within the oil and gas consulting business, upstream and downstream oil and gas companies, and central banking. Vijay has a Master’s in Economics and a Master of Science in Resource Economics from the University of Alberta, Canada. Through the years, he has acquired and evolved extensive knowledge in market fundamentals (Upstream and downstream), strategic planning, and forecasting, country risk analysis, economics, and investment analysis within the oil and gas industry.

Vijay plays an important role in overseeing our upstream and downstream consulting practice. He specializes in economic modelling, price forecasting, petroleum marketing economics, fuel price, and regulatory economics, and consulting work related to petroleum product pricing and demand.

Courses Taught
N618 - Introduction to the Downstream Petroleum Industry

Jason Parent

Background
Jason Parent has over 15 years of industry experience in the downstream petroleum industry. In his role as consultant, he has been involved in projects in both Canada and the United States, working with major integrated oil companies, regional refiners, marketers, and government organizations. His business background has been supplemented with a degree in Business Administration, graduating with distinction. Specific areas of expertise include: performance benchmarking, market segmentation studies, marketing strategy implementation, product price economics and analysis, and regulatory analysis.

Courses Taught
N618 - Introduction to the Downstream Petroleum Industry

CEU: 1.6 Continuing Education Units
PDH: 16 Professional Development Hours
Certificate: Certificate Issued Upon Completion
RPS is accredited by the International Association for Continuing Education and Training (IACET) and is authorized to issue the IACET CEU. We comply with the ANSI/IACET Standard, which is recognised internationally as a standard of excellence in instructional practices.
We issue a Certificate of Attendance which verifies the number of training hours attended. Our courses are generally accepted by most professional licensing boards/associations towards continuing education credits. Please check with your licensing board to determine if the courses and certificate of attendance meet their specific criteria.