EVENT
Industry Training: Introduction to Refining 2024
June 5 2024
APAC/EMEA: 3:30PM SGT, 09:30AM CET // US/EMEA 8:30AM CT, 3:30PM CET
Online Training
Get up to speed on the fundamentals of the four key stages of the refining industry
Two sessions options are available on June 5 2024 depending on your time zone.
Wood Mackenzie's 150 minute online training course covering the refining industry will provide delegates with critical information from a commercial viewpoint, including:
- What connects crude oil production to the supply of transport fuels and petrochemicals
- The crude oil qualities that are critical to the refining process and setting crude price differentials.
- A view of refinery competitive position, site earnings and investment opportunities
- The role of feedstock, refinery configuration, and location as drivers of refinery cash earnings to assess investment and portfolio opportunities.
Both sessions will be led by Alan Gelder, Downstream Global SME, VP Refining, Chemicals & Oil Markets, Commodities Research.
Session One: APAC / EMEA
Time 3:30 PM - 6:00 PM SGT
Time 9:30 AM - 12:00 PM CET
Session Two: AMERICAS / EMEA
Time 8:30 AM - 11:00 AM CT
Time 3:30 PM - 6:00 PM CET
A ticket to attend includes:
- 5 live sessions of exclusive interactive content by led by Wood Mackenzie's expert analysts
- Access to a recording of the training, allowing you replay and recap on all the essential information
- A copy of the training slides to help support your future learning
Highlighted Speakers
This training course leverages Wood Mackenzie’s expertise and thought leadership to deepen your knowledge and accelerate your learning of refining's role within the oil and petrochemicals value chain.
View more >
Wood Mackenzie
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
Avanpal Singh Sehmi
Research Analyst
Wood Mackenzie
Priti Choudhary
Research Analyst, Refining and Oil Products
Registration
Wood Mackenzie client tickets are $395 USD per person. Non-client tickets are $495 USD per person
If you are a Wood Mackenzie Subscriber, email us for a discount promo code. Further discounted rates on group bookings for two or more people from one company are also available. Contact Laurence Allen, Marketing Manager on events@woodmac.com
Agenda
9:30 AM
CET
9:30 AM - 9:45 AM
Session 1 APAC / EMEA: Role of refining in the Oil Value Chain
Overview of oil value chain, key refined products and their end uses
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
9:45 AM
CET
9:45 AM - 10:15 AM
Session 1 APAC / EMEA: Key refinery processes
- Overview of 4 key process types – separation, conversion, treating and blending
- Identification of key refinery process units
- Product quality specifications
- Key crude oil qualities that are critical to refining
- Refinery configurations
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
Priti Choudhary
Research Analyst, Refining and Oil Products
Wood Mackenzie
10:15 AM
CET
10:15 AM - 10:45 AM
Session 1 APAC / EMEA: Product pricing and refining operating costs
- Product pricing relationships, crack spreads, crude price differentials and operating costs
10:45 AM
CET
10:45 AM - 11:05 AM
Session 1 APAC / EMEA: Breakout
- Group task on economics of different refinery configurations
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
11:05 AM
CET
11:05 AM - 11:35 AM
Session 1 APAC / EMEA: Key drivers of refinery competitive position
- Competitive position assessed by earning.
- Role of crude feedstock, refinery configuration, location and petrochemical integration in net cash margin position.
- Competitive position profiles
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
11:35 AM
CET
11:35 AM - 11:50 AM
Session 1 APAC / EMEA: Role of refining in global emissions
- Key sources of scope 1 and 2 emissions from refineries
- Role of configuration on emissions intensity and de-carbonisation opportunities
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
11:50 AM
CET
11:50 AM - 12:00 PM
Session 1 APAC / EMEA: Closing Remarks
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
3:30 PM
CET
3:30 PM - 3:45 PM
Session 2 AMERICAS / EMEA: Role of refining in the Oil Value Chain
Overview of oil value chain, key refined products and their end uses
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
3:45 PM
CET
3:45 PM - 4:15 PM
Session 2 AMERICAS / EMEA: Key refinery processes
- Overview of 4 key process types – separation, conversion, treating and blending
- Identification of key refinery process units
- Product quality specifications
- Key crude oil qualities that are critical to refining
- Refinery configurations
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
Avanpal Singh Sehmi
Research Analyst
Wood Mackenzie
4:15 PM
CET
4:15 PM - 4:45 PM
Session 2 AMERICAS / EMEA: Product pricing and refining operating costs
- Product pricing relationships, crack spreads, crude price differentials and operating costs
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
4:45 PM
CET
4:45 PM - 5:05 PM
Session 2 AMERICAS / EMEA: Breakout
- Group task on economics of different refinery configurations
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
5:05 PM
CET
5:05 PM - 5:35 PM
Session 2 AMERICAS / EMEA: Key drivers of refinery competitive position
- Competitive position assessed by earning.
- Role of crude feedstock, refinery configuration, location and petrochemical integration in net cash margin position.
- Competitive position profiles
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
5:35 PM
CET
5:35 PM - 5:50 PM
Session 2 AMERICAS / EMEA: Role of refining in global emissions
- Key sources of scope 1 and 2 emissions from refineries
- Role of configuration on emissions intensity and de-carbonisation opportunities
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
5:50 PM
CET
5:50 PM - 6:00 PM
Session 2 AMERICAS / EMEA: Closing Remarks
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
Speakers
Wood Mackenzie
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
Avanpal Singh Sehmi
Research Analyst
Wood Mackenzie
Priti Choudhary
Research Analyst, Refining and Oil Products
Wood Mackenzie client tickets are $395 USD per person. Non-client tickets are $495 USD per person
If you are a Wood Mackenzie Subscriber, email us for a discount promo code. Further discounted rates on group bookings for two or more people from one company are also available. For inquiries contact events@woodmac.com.
Avanpal Singh Sehmi
Research Analyst
Wood Mackenzie
Avanpal is a research analyst in Wood Mackenzie’s oils and chemicals research team, focusing on refinery evaluation modelling and long-term outlooks for Europe and FSU. Prior to joining Wood Mackenzie in 2023, Avanpal worked for KBC Technologies as a process engineering graduate – primarily building process simulation models of refinery units to perform technical and economic evaluation of decarbonisation opportunities. Avanpal holds a first-class Masters degree in Chemical Engineering from the University of Nottingham
Alan Gelder
VP Refining, Chemicals & Oil Markets
Wood Mackenzie
Alan is VP Refining, Chemicals and Oil Markets, responsible for formulating our research outlook and integrated cross-sector perspectives on the global downstream sector. Alan joined the business as part of our Downstream Consulting Team in 2005 and later went on to lead the division. He has managed consulting assignments all over the world, focusing on major transactions (projects and M&A) and their alignment with key success factors for industry players and third parties. He then transitioned into research upon his return to London from Houston in 2011. Prior to joining Wood Mackenzie, Alan spent 10 years as an industry consultant after working for ExxonMobil in a variety of project planning and technical process design roles. Education MSc, Chemical Engineering, Imperial College, London MBA, Henley Management College
Priti Choudhary
Research Analyst, Refining and Oil Products
Wood Mackenzie
Priti is a Research Analyst in the Refining and Oil Products team. She joined in 2022 to initially focus on Middle East short-term and long-term markets. She now also works in short-term refining markets for Asia markets. Prior to joining Wood Mackenzie, Priti had five years of experience in industry and customised research in Oil and gas sector in CRISIL Limited, An S&P Global company. Priti has a Post Graduate certification in Finance from NMIMS, Mumbai and a Bachelor of Commerce degree from Shri Ram College of Commerce, Delhi. She is also a CFA Level 3 candidate.