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JBC Energy Asia, Tel: +65 6334 8136, [email protected], www.jbcasia.com
Consulting. Research. Training. The Energy Market’s Independent Consultants.
A OM has been designed to provide participants with a thorough under-
standing of oil market funda-mentals and with the skills to identify key drivers in the up-stream and downstream indus-
tries. The focus of the course is firmly on commercial factors making it perfect for anyone in a market facing role. Utilising JBC Energy’s 25 years as oil market analysts and researchers the course examines how oil mar-
kets work from wellhead through refining all the way to the end user. AOM also takes advantage of JBC Energy’s pro-prietary forecasting data known as SuDeP™ to identify future in-dustry trends.
■ Spend two days immersed in stimulating training program on oil & gas market fundamentals based on JBC Energy’s exclusive research and unique insights. Every session is followed by a Q&A session.
■ The program will cover the most relevant commercial and
non-technical aspects of Up-stream and Downstream mar-kets.
■ The first day is focused on Up-stream, while the second day will provide our insights in the Downstream.
■ Explore the full complexity of the oil & gas market as well as
JBC Energy’s in house Supply, Demand and Pricing (SuDeP) Model.
■ Small class size to facilitate learning and interaction.
■ High level of satisfaction rate of over 90% and highly recom-mended by past attendees.
AOM at a Glance
Analysing Oil Markets JBC Energy Asia Training
20—21 October 2020
AOM Singapore
2 JBC Energy Asia, Tel: +65 6334 8136, [email protected], www.jbcasia.com
JBC Energy Matters 20—21 October 2020
Day 1
Upstream
9:00 Start of Day 1
Global Oil Supply
• Identify the key factors influencing global oil
supply
• Discuss investment and production costs and
the impact on supply
Crude Oil 101
• Examine API and sulphur based classifications
• Understand the differences between heavy &
light crudes
Crude Oil Pricing
• Investigate the key global crude oil bench-
marks and their role in the market
• Examine the pros and cons of official selling
prices (OSPs)
OPEC
• Understand the group’s production, pricing
and investment policy
• Learn about the history and objectives of OPEC
Oil & Politics
• Identify major geopolitical hotspots
• Examine how political risk impacts oil prices
Crude Oil Trade Flows
• Review past and present trade flows and their
history
• Discuss barriers to moving crude oil between
markets
Oil Transportation
• Discuss global crude oil tanker markets
• Examine the current existing pipeline networks
for crude oil
17:00 End of Day 1
Day 2
Downstream
9:30 Start of Day 2
Refining 101 (Non-Technical)
• Learn about typical refining set-ups and pro-
cesses
• Investigate refinery units and their suitability
for different products
Refined Products
• Define different products and learn about their
applications
• Investigate recent and future specification
changes
Oil Demand
• Review historical oil demand developments
• Investigate current and future trends
Refinery Challenges
• Become familiar with the current status of re-
finers around the world
• Review the expansion and consolidations plans
of refiners in different markets
Trade Flows
• Examine regional & country product balances
• Gain insights on new product trade flows from
the US
Storage & Inventories
• Learn how to evaluate inventory data
• Understand the relationship between invento-
ries & prices
Regional Outlooks
• Analyse by region and country—China, India
Russia and the US
17:00 End of Program
3 JBC Energy Asia, Tel: +65 6334 8136, [email protected], www.jbcasia.com
Analysing Oil Markets 20—21 October 2020
Who should attend?
A OM is ideal for anyone looking to im-prove their knowledge of how oil mar-kets function from wellhead to the
end user. The program is also perfect for sen-ior personnel looking for an up-to-date re-fresher course!
For the latest training updates, please visit our website
www.jbcasia.com
Since its establishment in 1994, JBC has been providing partici-pants with the knowledge and skills required for optimal perfor-mance in an ever-changing high risk environment.
Our hands-on experience and ex-pert content guarantees that our courses will meet the require-ments of all participants who want to further their commercial “on the ground” understanding of the oil business.
JBC has trained hundreds of senior executives, traders, analysts, operational and finance personnel in the world’s largest energy companies.
Trade Finance Man-
agers
Financial Planners
Risk Managers
Strategic Planners
Market & Financial
Analysts
Oil Marketers &
Procurement Staff
Operational Person-
nel
Senior Executives
Junior Traders
Course Facilitator
R ichard Gorry is the Managing Director of JBC Energy Asia (Singapore). Richard has been providing consulting and advisory services to the world’s leading oil and gas companies for the last 14 years.
Richard began his career as an oil and gas analyst with PVM Vienna contributing his in-
sights into a range of reports covering crude oil, refined product and natural gas markets.
He later went on to become the Senior Consultant at JBC Energy with particular focus on
supply, trading and risk management in the oil and gas industry, before moving to his current position in
Singapore. Richard continues to provide his insight and analysis in a wide range of consulting projects and
at conferences and workshops throughout Asia and the Middle East. Richard is a former visiting lecturer at
the Ulsan National Institute of Science & Technology, South Korea.
4 JBC Energy Asia, Tel: +65 6334 8136, [email protected], www.jbcasia.com
Analysing Oil Markets 20—21 October 2020
Registration and Participation Form
Analysing Oil Markets Training Program
Analysing Oil Markets has been designed to provide participants with a thorough understanding of oil market fundamentals and with the skills to identify key drivers in the upstream and downstream industries. The fo-cus of the course is firmly on commercial factors making it perfect for anyone in a market facing role.
20—21 October 2020
Singapore
Venue TBA
Attendee Company (also referred to as “Client”):
Company name
Address 1
Address 2
Post Code
Country
Telephone
Client Contact Person
Name
Job Title
Telephone
Mobile
Client Accounts/Billing Address
Attn
Position
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Mobile
Attendee 1 Details
Same as Client Contact Person
Last Name
First Name
Job Title
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Signature
Signature of this Form constitutes acceptance of the applicable Terms and Conditions – see
page 5 of this Form.
Training Fee Per Attendee*
1st Attendee
Early Bird Fee**
(SGD)
2,000
Full Fee (SGD) 2,500
Additional Attendees
Early Bird Fee**
(SGD)
1,800
Full Fee (SGD)
2nd Attendee
2,250
Full Fee (SGD)
3rd & Subsequent
Attendee
2,000
* Fee includes course material as
well as lunch and refreshments for
the 2 day program.
* A 7% Goods & Services Tax (GST)
is applicable to all Singapore-based
companies.
** Early Bird Fee applies to book-
ings received by JBC Energy no
later than 31 August 2020.
JBC Asia Pte Ltd (also referred to as “JBC”), 50B Temple Street, Singapore 058595, [email protected], Tel: +65 6334 8136, Company Registration Number 201008050W.
5 JBC Energy Asia, Tel: +65 6334 8136, [email protected], www.jbcasia.com
Analysing Oil Markets 20—21 October 2020
Terms & Conditions for Registration and Participation
1. Payments: All payments must be made by Inter-Bank Transfers within 14 days of receipt of invoice (bank details will be provided upon receipt of booking form). Participants agree to instruct their banks to remit the full amount, net of local taxes and banking charg-es. All payments made from time to time by the Client pursuant to this Agreement shall be paid without deduction for or on account of any present or future taxes unless the Client is required by law to deduct such taxes. In that event; (a) all taxes required by law to be deducted or withheld by the Client from payments under this Agree-ment shall be paid by the Client when due with a copy of the official certificate acknowledging payment from the appropriate authorities being provided forthwith to JBC Asia Pte Ltd; and (b) the Client shall pay such addi-tional amount to JBC Asia Pte Ltd so that JBC Asia Pte Ltd, after the de-duction or withholding for or on account of taxes, receives the full Service Fee and other fees. 2. Cancellation Policy: No refunds will be made for cancel-lations received 21 days or less prior to the event start date. Cancella-tions 21 to 28 days before the event will be subject to a 25% fee. 3. Substitution Policy: Named participants may only be substituted with the prior consent of JBC Asia Pte Ltd or its subcontrac-tors. 4. Disclaimer: JBC Asia Pte Ltd or its subcontrac-tors will not accept liability for non-approval of visas, individual transport delays and transport dis-ruptions, and in such cases, our nor-mal cancelation policy and penalties apply. Where matters beyond the
reasonable control of JBC Asia Pte Ltd or its subcontractors impair or prevent the JBC Asia Pte Ltd or its subcontractors from being able to perform their obligation under the event, the client/participant releas-es JBC Asia Pte Ltd or its subcontrac-tors from any liability, incidental or consequential, to such matters . 5. Intellectual Property: The client/participant agrees to pro-tect all Intellectual Property rights of JBC Asia Pte Ltd and subcontrac-tors, its sources and providers and the client/participant shall honour and comply with all reasonable re-quests to protect the contractual, statutory, and common law rights of JBC Asia Pte Ltd and its subcontrac-tors, its sources and providers. The client/participant acknowledges that JBC Asia Pte Ltd and its subcon-tractors are entitled to injunctive relief to prevent a breach or future breach of the provisions of this clause without prejudice to any oth-er relief including a claim for damag-es. 6. Delivery of Service: JBC Asia and the Client understand that the work performed under its Events & Training services has been wholly performed in the Republic of Singapore and furthermore any presentations made outside of Sin-gapore purely show the results of these endeavours. 7. Tax: The Client shall hold JBC Asia Pte Ltd harmless from any obligations aris-ing from the Client’s country tax regulations and any potential costs associated with such obligations such as, but not limited to, employ-ment of tax advisors or administra-tive staff.
8. Warranties: JBC Asia Pte Ltd and its subcontrac-tors warrants that it will use reason-able care and skill in providing the services, courses or events and that these services, courses or events will be performed by appropriately qualified and trained personnel with due care, skill and diligence and in a good workmanlike manner and in accordance with good industry prac-tice. JBC Asia Pte Ltd or its subcon-tractors provide no other warranty and in particular provide no warran-ty that any result or objective can or will be achieved or attained by the provision of the services, courses or events. 9. Travel Private (In-House) Cours-es: For private in-house courses travel, accommodation and other expenses (if any) will be charged separately on actual expenses. It is expected that such expenses will be con-sistent with industry standards in-cluding travel, accommodation and meals costs. Any invoices issued for expenses are payable within four-teen [14] days of receipt.
JBC Asia Pte Ltd (also referred to as “JBC”), 50B Temple Street, Singapore 058595, [email protected], Tel: +65 6334 8136, Company Registration Number 201008050W.
6 JBC Energy Asia, Tel: +65 6334 8136, [email protected], www.jbcasia.com
Analysing Oil Markets 20—21 October 2020
Attendee 2 Details
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Mobile
Attendee 3 Details
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Attendee 4 Details
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First Name
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Attendee 5 Details
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Attendee 6 Details
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Mobile
Additional Attendee Details
