Refining Economics Course | RefinerLink

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Refining Economics Course

By Conference Connection

Aug 20, 2018

An Intensive 3-Day Course on the Fundamentals of Refining Economics


REFINING ECONOMICS (RE), 17-19 September 2018, Singapore

Gain an In-depth Understanding of How Refineries Make Money and What Affects Refining Investment


Latest brochure and course outline now available at




  • Petron Singapore Trading Pte Ltd
  • Lukoil Asia Pacific Pte Ltd
  • Super Petrochemical (Pvt) Limited
  • ADNOC Marketing International
  • Aramco Far East Business Services Co Ltd
  • Kuwait Petroleum Corporation
  • China Aviation Oil (Singapore) Corporation Ltd
  • PETCO Trading Company Labuan (PTLCL)
  • Esso (Thailand) Public Company Limited
  • Singapore Refining Company Pte Ltd
  • Sakhalin Energy Investment Company Ltd




Organised by Conference Connection, the Refining Economics course is to be held from 17-19 September 2018 at Hotel Jen Tanglin, Singapore. This course is designed to teach fundamentals of refining economics to non-refiners or to those newly introduced to refining.


A technical background is not necessary to understand course materials and the course should be useful to financing or marketing individuals who have some involvement with refining or petroleum products. Similarly, a marketing background is not critical and the course may be helpful to refinery engineers who would like to understand how commercial and economic factors drive operating and investment decisions that affect their refineries.

Register at today!




  • Crude Oil Supply & Demand
  • Crude Oil Types and Quality Assays
  • Product Types and Quality
  • Tankers, Terminals and Transport
  • Crude Oil and Products Pricing
  • Crude Oil & Refined Product Pricing Exercise
  • Products Manufacturing Technology


  • Refining Costs and Yields
  • Marginal Refinery Configuration
  • Refining Capital Costs
  • Environmental Compliance
  • Forecasting and Outlook
  • Refinery Economic Analysis
  • Transactions and Closures
  • Refinery Valuation Team Exercise

  • Products Blending Exercise 



Tod D. McGreevy

Mr. Tod McGreevy has over 28 years industry experience and a diverse background in petroleum refining and manufacturing. Mr. McGreevy currently serves as Vice-President and Director of Muse, Stancil and Co., a global energy consultancy headquartered in Dallas, Texas. He has been with Muse since 2003 and is also a Director of Muse’s Singapore affiliate, Muse, Stancil & Co (Asia), PTE LTD.


During his career, Mr. McGreevy has held various positions that encompass many of the technical/managerial functions found in the downstream sector of the petroleum industry. Previous work assignments have given him a wealth of experience in refinery economics including tactical planning and optimization, long-term, strategic planning, project evaluation, economic justification, and development, budgeting, financial performance measurement and benchmarking, and financial modeling.


Dr Tilak K Doshi

Dr. Tilak K. Doshi is Managing Consultant with Muse, Stancil & Co. (Asia) based in Singapore. Dr. Doshi is an industry expert with over 25 years of international work experience in leading oil and gas companies and think tanks.


His previous appointments include Chief Economist, Energy Studies Institute, National University of Singapore; Senior Fellow and Program Director, King Abdullah Petroleum Studies and Research Center (KAPSARC, Riyadh, Saudi Arabia); Executive Director for Energy, Dubai Multi Commodities Centre (DMCC, UAE); Specialist Consultant, Saudi Aramco (Dhahran, Saudi Arabia); Chief Asia Economist, Unocal Corporation (Singapore); Director for Economic and Industry Analysis, Atlantic Richfield Corporation (ARCO, Los Angeles, U.S.).


Dr. Doshi is the author of many articles and three books on energy economics, the most recent of which was “Singapore Chronicles: Energy” (Straits Times Press, 2016). He received his Ph.D. in Economics from the University of Hawaii on a scholarship provided by the East-West Centre. He was one of two candidates which were granted the 1984 Robert S. McNamara Research Fellow award by World Bank, Washington, D.C.




For more details, please contact the organisers, Conference Connection at tel: +65 6338 0064 or email: or visit the website:

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