Duration: 2 Weeks

 

Course Objectives:

The course is designed to provide grounding of the key issues affecting oil quality, accounting for international petroleum contracts and agreements. Financial performance, management, benchmarking and risk management. Economics of refinery operation.

Who Should Attend

Oil Company Personnel, Analysts, Management Accountants, Engineers, Marketers and operators.

Course Overview

- Introduction to petroleum Economics
- Accounting for petroleum contracts and Agreements
- Benchmarking
- Primary supply Mechanisms & Logistics, pipeline, ship, rail or road
- Upstream Fiscal Terms-Contractual and project finance
- Timing, Cost and Efficiency
- Refinery economics and Operations
- Retail and Supply chain
- Risk management - Price exposure and Trading Instruments
- Investment profitability studies in the petroleum industry
- Financial performance management in the oil industry
- Renewable and alternative energy. It’s impact
- Accounting and reporting requirements for Oil and Gas industry Learning Goal