On July 24 & 25, 2008 Purvin & Gertz will present a two-day course on the Fundamentals of Refining Economics. This course is designed to teach the 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 world markets affect their refineries and why other types of refineries exist.

Attendees to the Fundamentals of Refining Economics course will gain valuable industry insight to successfully:

• Understand how refineries’ profit depends on location, configuration, and crude feedstock.
• Evaluate the economic strength of competing refinery installations.
• Understand what governs the success or failure of new refinery ventures.
• Find out how refinery configurations affect petroleum product prices worldwide.
• Improve your perceptiveness of the value of refinery investments.
• Learn how to interpret published information on the refining industry and refining companies.
• Understand how obvious technology differences affect refinery strength.
• Discover how refineries can be modified to become more profitable.
• Learn why refineries prefer different types of crude oils.
• Find out how trends in petroleum demand force refineries to invest in upgrading capacity.

The course brochure and outline are available for download. For more information, please contact our Houston office via this website or at +1-713-331-4000.

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