Consulting. Research. Training. The Energy Market s Independent Consultants. JBC Energy Asia Training Analyzing Oil Markets AOM Singapore A OM 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 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 20 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 proprietary forecasting data known as SuDeP to identify future industry trends. non-technical aspects of Upstream and Downstream markets. JBC Energy s in house Supply, Demand and Pricing (SuDeP) Model. The first day is focused on Up- Small class size to facilitate stream, while the second day will provide our insights in the Downstream. learning and interaction. AOM at a Glance 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 Explore the full complexity of the oil & gas market as well as JBC Energy Asia, Tel: +65 6334 8136, training@jbcasia.com, www.jbcasia.com High level of satisfaction rate of over 90% and highly recommended by past attendees.
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 benchmarks and their role in the market Examine the pros and cons of official selling OPEC prices (OSPs) 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 processes 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 refiners 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 inventories & prices Regional Outlooks Analyse by region and country China, India Russia and the US 17:00 End of Program 2 JBC Energy Asia, Tel: +65 6334 8136, training@jbcasia.com, www.jbcasia.com
Who should attend? A OM is ideal for anyone looking to improve their knowledge of how oil markets function from wellhead to the end user. The program is also perfect for senior personnel looking for an up-to-date refresher course! Senior Executives Market & Financial Analysts Strategic Planners Oil Marketers & Procurement Staff Risk Managers Financial Planners Trade Finance Managers Junior Traders Operational Personnel 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 13 years. Richard began his career as an oil and gas analyst with PVM Vienna contributing his insights 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. For the latest training updates, please visit our website www.jbcasia.com Since its establishment in 1994, JBC has been providing participants with the knowledge and skills required for optimal performance in an ever-changing high risk environment. Our hands-on experience and expert content guarantees that our courses will meet the requirements 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. 3 JBC Energy Asia, Tel: +65 6334 8136, training@jbcasia.com, www.jbcasia.com
Registration and Participation Form Analyzing Oil Markets Training Program Analyzing 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 focus of the course is firmly on commercial factors making it perfect for anyone in a market facing role. Singapore Venue TBA Attendee Company (also referred to as Client ): Company name Address 1 Address 2 Post Code Country Client Contact Person Name Client Accounts/Billing Address Training Fee Per Attendee* 1st Attendee Early Bird Fee** (SGD) 2,000 Full Fee (SGD) 2,500 Additional Attendees Early Bird Fee** (SGD) Full Fee (SGD) 2nd Attendee Full Fee (SGD) 3rd & Subsequent Attendee 1,800 2,250 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 bookings received by JBC Energy no later than 6 April 2018. Attn Position Attendee 1 Details Same as Client Contact Person Signature Signature of this Form constitutes acceptance of the applicable Terms and Conditions see page 5 of this Form. JBC Asia Pte Ltd (also referred to as JBC ), 50B Temple Street, Singapore 058595, info@jbcasia.com, Tel: +65 6334 8136, Company Registration Number 201008050W. 4 JBC Energy Asia, Tel: +65 6334 8136, training@jbcasia.com, www.jbcasia.com
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 charges. 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 Agreement 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 additional amount to JBC Asia Pte Ltd so that JBC Asia Pte Ltd, after the deduction 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 cancellations received 21 days or less prior to the event start date. Cancellations 21 to 28 days before the event will be subject to a 25% fee. 3. Substitution Policy: Named participants may be only be substituted with the prior consent of JBC Asia Pte Ltd or its subcontractors. 4. Disclaimer: JBC Asia Pte Ltd or its subcontractors will not accept liability for nonapproval of visas, individual transport delays and transport disruptions, and in such cases, our normal 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 releases JBC Asia Pte Ltd or its subcontractors from any liability, incidental or consequential, to such matters. 5. Intellectual Property: The client/participant agrees to protect all Intellectual Property rights of JBC Asia Pte Ltd and subcontractors, its sources and providers and the client/participant shall honour and comply with all reasonable requests to protect the contractual, statutory, and common law rights of JBC Asia Pte Ltd and its subcontractors, its sources and providers. The client/participant acknowledges that JBC Asia Pte Ltd and its subcontractors are entitled to injunctive relief to prevent a breach or future breach of the provisions of this clause without prejudice to any other relief including a claim for damages. 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 Singapore purely show the results of these endeavours. 7. Tax: The Client shall hold JBC Asia Pte Ltd harmless from any obligations arising from the Client s country tax regulations and any potential costs associated with such obligations such as, but not limited to, employment of tax advisors or administrative staff. 8. Warranties: JBC Asia Pte Ltd and its subcontractors warrants that it will use reasonable 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 practice. JBC Asia Pte Ltd or its subcontractors provide no other warranty and in particular provide no warranty 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) Courses: 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 consistent with industry standards including travel, accommodation and meals costs. Any invoices issued for expenses are payable within fourteen [14] days of receipt. JBC Asia Pte Ltd (also referred to as JBC ), 50B Temple Street, Singapore 058595, info@jbcasia.com, Tel: +65 6334 8136, Company Registration Number 201008050W. 5 JBC Energy Asia, Tel: +65 6334 8136, training@jbcasia.com, www.jbcasia.com
Additional Attendee Details Attendee 2 Details Attendee 3 Details Attendee 4 Details Attendee 5 Details Attendee 6 Details 6 JBC Energy Asia, Tel: +65 6334 8136, training@jbcasia.com, www.jbcasia.com