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5-Day Training Course

Intermediate Energy Trading, Hedging, Portfolio and Risk Management

Downstream Operations Excellence – Maximizing Profits while Minimizing Risks

Course Overview

This Intermediate Energy Trading, Hedging, Portfolio and Risk Management training course is designed to give delegates a comprehensive picture of the crude oil, refined products, and biofuels markets, risks, and legal and regulatory issues involved in the international trading of crude oil and these products. It is presented with the wide range of essential engineering practices of the petroleum industry spanning exploration, extraction, refining, global oil supply, reserves, production & trade flows. With the overview of these essential upstream and midstream practices, the downstream industry operations dealing with crude oil and refined products trading and its associated risks and uncertainties can be fully understood. Since price volatility always exists, the Price Risk Management appropriate techniques are presented in detail. Sales, Marketing, Trading, and Risk Management are crucial and the most active parts of the value chain and extremely important for managers to stay on top of these activities.

This Energy Training Centre training course will highlight:

  • The essential practices of exploration, production, processing, and transportation of crude oil
  • The success factors in the business of international sales, marketing, and trading of crude oil and refined products
  • The logistics of global seaborne transit, pipelines, storage, and distribution of crude oil and refined products
  • The understanding of the pricing dynamics, benchmarks of crude oil, refined products, and biofuels in the global markets  
  • The price-risk management using the hedging instruments such as futures and forward contracts, swap, and options

Course Objectives

By the end of this training course, participants will learn to:

  • Gain the business acumen of the wide-ranging subjects of upstream production to the downstream sales, marketing, and trading of crude oil, refined and renewable products
  • Understand the critical crude oil pricing dynamics and the use of crude oil benchmarks
  • Develop the price-risk management strategies using the hedging instruments
  • Acquire essential legal and regulatory issues relating to trading in the global markets
  • Reduce the overall risk of the Petroleum Industry and maximize the value chain profitability 

Training Methodology

This Intermediate Energy Trading, Hedging, Portfolio and Risk Management training course is designed to encourage delegate participation through a combination of group discussion, practical exercises, case studies, quizzes, and extensive use of short videos highlighting the petrochemical operations, environmental and safety considerations to reinforce new knowledge and skills, and discussion of practical issues in their organizations.

Who Should Attend

This Energy Training Centre training course is suitable to a wide range of professionals but will greatly benefit: 

  • Business & Development Managers
  • Corporate Planners
  • Lawyers & Law Firms' Personnel
  • Geoscientists, Engineers, and Refiners
  • Bankers, Accountants
  • Auditors
  • Media Personnel Who Interface with Traders and Trading
  • Government Regulators
  • Tax & Finance Advisors
  • Compliance Officers
  • Equity and Financial Analysts
  • Joint Venture Officers
  • Negotiators
  • Those Who Moved from Elsewhere to Trading

Course Curriculum

  • Fundamentals of oil & gas geology and petroleum engineering
  • Well logging and well completion
  • The essence of international oil supply – Global reserves, production & trade 
  • Fundamentals of oil economics
  • Crude oil trading
  • Evolution of oil prices
  • International oil pricing
  • What drives crude oil pricing
  • Crude oil valuation (Netback & quality differentials)
  • Benchmarks / formula price
  • Price reporting agencies and their roles 
  • Refining I - Refinery Basics
  • Simple Chemistry for Non-Chemists
  • Crude Oil Properties and crude oil Assay
  • Basic Refining Processes
  • Refining II – Conventional Refinery Upgrading
  • Cat Cracking
  • Hydrocracking
  • Visbreaking
  • Coking   
  • Blending Refinery Economics
  • Oil Products and Quality
  • Markets / Benchmarks
  • Pricing Refining Products
  • Crack spreads
  • Arbitrage
  • Oil Logistics and the Art of Trade
  • Delivering oil products
  • Delivery Term 
  • Other pricing bases for refined products
  • Oil Contracts and its important components
  • Storage
  • The Future of Refineries when the transportation fuels demand decreases 
  • Petrochemical Basics – The family of Seven Groups
  • The various feedstocks for petrochemicals
  • Chemicals from Paraffins Hydrocarbons
  • Chemicals from Olefins Hydrocarbons
  • Chemicals from Aromatic Hydrocarbons
  • Chemicals from Non-Hydrocarbons   
  • The transformation of Refineries when fuel demand goes down 
  • Benefits of Integrating Refining & Petrochemicals
  • Understanding the concept of Oil to Chemicals
  • The widespread use of Petrochemicals
  • Monomers, Polymers Plastics
  • Markets / Benchmarks
  • Pricing 
  • The Price Volatility
  • The benching marking of Refined Oil Products prices
  • History of oil prices and how the benchmarks evolved
  • The components of the oil price
  • Trading the time spread: contango 
  • The value of product grade differential
  • Crude Oil Price Risk Management
  • The types of risks
  • Hedging
  • The Forward Market
  • The Future Market
  • The Options
  • Option valuation
  • Swaps
  • The strategic hedging
  • Operational hedging
  • Risk management considerations
  • Mexico’s use of derivatives to Balance its Budget
  • Crack spreads
  • Corporate fuel risk management policy
  • Common mistakes in hedging 
  • World’s Trade Flows
  • Transportation Agreements
  • Contract of Affreightment (COA) 
  • Transportation Logistics
  • Transportations Documents 
  • Different types of tankers
  • Freight Rate (Worldscale)
  • Chartering Contracts

Certificates Awarded

Certificate of Completion

After successfully completing this training course, participants will be awarded The Energy Training Centre Certificate of Completion — a respected validation of their dedication to continuous learning and professional excellence. This certificate signifies that participants have gained the essential knowledge and skills required to make a measurable impact in their field.

Upcoming Sessions
Dubai, UAE
Dubai, UAE
Live Virtual Session
London, UK
Live Virtual Session
Dubai, UAE

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Frequently Asked Questions

Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.
  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.
  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

About Energy Training Centre

Energy Training Centre is a leading provider of professional development programs for the energy and public sectors. With over 15 years of experience, we have trained more than 50,000 professionals across the Middle East and beyond.

Our expert-led courses are designed to meet the evolving needs of modern organizations, combining theoretical knowledge with practical applications that deliver immediate value to your career and organization.

50K+
Professionals Trained
15+
Years of Experience
About Energy Training Centre

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