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Training Calendar - Event Details |
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| Course Information: |
 | | Overview | This one-day course will provide participants with an overview of economic terminology, fundamentals and methodology used to assess profitability of ongoing operations as well as future expansion/revamp. Discussions will include determination of refining margins and crack spreads, factors influencing feed and product pricing, process models and linear program applications as operations and optimization tools, feedstock and process unit economic drivers, and examples of refinery cash flow and project profitability calculations. While the course is basic in nature, attendees unfamiliar with refinery vocabulary and its processes should attend the 2-day course "Introduction to Petroleum Refinery Processing" that immediately precedes this course.
A complete set of course materials and lunches are included. |
| | Outline | Introduction to Refinery Economics
Refinery Margins and Crack Spreads
Feed and Product Pricing Issues
Capital (CAPEX) and Operating (OPEX) Costs, Financial Terminology
Refinery Complexity, Types of Refineries and Their Process Options
Operations and Optimization Tools - Simulators and LP Models
Economic Drivers
Calculation Examples |
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| Training Venue: |
| | The course will be held at a venue in the WestChase District less than a 5 minute drive, or within walking distance, to the hotel(s) listed below. To avoid potential course disruptions caused by the attendance of unconfirmed registrants, the training venue address will ONLY be provided to registrants upon receipt of payment (via an email confirmation note). |
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| Recommended Hotel: |
|  Comfort Suites Westchase (Click Here to View) | | All PEICE course attendees are offered a preferred rate of $109.95/night, subject to availability, except for the week of May 2-6, 2010. Includes free morning continental breakfast and free high speed internet connection in every room. Special rate bookings may only be placed by phone at (713) 334-8884 - please refer to the PEICE special rate. | | 2830 Wilcrest Drive
Houston, TX, 77042
USA
View map| View Hotel's Web Site | |
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Instructor(s): |
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| Marvin Rakow, M. Ch. E. | | Marvin Rakow is President of EDU-TECH Management Resources, a consultant services organization in technical training, business development, marketing and R&D to the petroleum, petrochemicals, and specialty chemicals industries. He was previously Senior Vice President for Hydrocarbon Research, Inc. (HRI), responsible for all technical groups and the operation of HRI's R&D Center, including technology development for the petroleum/petrochemicals industries. |
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| | Need more information about this course from the instructor(s)? click here |
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| Additional scheduled event(s) for this short course: |
| Legend:
Blue = 5 or more seats available
Green = less than 5 seats available
Red = the event is full |
| | Start Date | Delivery | Location | Fee | |
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| 5/25/2011 | Classroom | Houston | $ 695 USD |  | |
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Request this short course at another location: |
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