Public Courses

Learn how operations staff work alongside crude oil and refined products traders to manage the logistics of trading deals. Topics explored during the course include understanding the role and responsibilities of an operator, the key quality considerations for crude oil and refined products, the main clauses in an oil trading contract, shipping logistics (including chartering, freight calculations and demurrage), and the management of pipeline and storage transactions.

With a focus on the key building blocks of knowledge needed by crude oil and refined products traders, this course is ideal for non-traders wishing to know more about trading, or for delegates at the very beginning of a career in oil trading. 

This virtual classroom program includes four live, instructor-led sessions with video, audio, chat, polls, and group breakout sessions.  The program includes a crude oil supply trading game played between the online sessions, and competitive and cooperative team trading exercises played within the sessions.  It also includes a self-study assignment to be completed before the virtual classroom sessions.

This course aims to extend your understanding of the complex world of oil trading and take your knowledge to a higher level.   Topics explored include crude oil valuation and selection, products blending and trading, pricing mechanisms and methodologies, practicalities of hedging and futures trading, advanced trading and financial engineering, forward curves and market structure, trading controls, ethics and compliance.  

This virtual classroom program includes five live, instructor-led sessions hosted on Zoom, with video, audio, chat, live polls, and breakout sessions.  The program also includes two hours of online self-study materials plus many interactive exercises, carried out either as class or group exercises during virtual classroom sessions, or as individual self-study exercises between sessions.  Every session includes at least one competitive team trading game.

This course looks at best practice risk controls to be applied in commodity trading activities. It also covers systems requirements, market, credit and operational risk measurement and modelling, performance measurement, and capital adequacy issues. Subject areas covered include recent developments in regulatory and legal compliance, and ethics. The course uses case studies, based on both infamous historical risk failures and recent market events, to illustrate principles of risk control. 

This is one of two flagship courses introduced in 2024. This four-day classroom course focuses on the physical supply chain for oil and petroleum liquids, covering production, transport, storage, refining and trading of crude oil and refined products. It is ideal for anyone new to the industry, or transferring within the industry from an upstream role into the midstream or downstream industry.

This flagship classroom course, introduced in 2024, focuses on approaches to trading, market analysis, trading strategies, details of how physical and paper markets work, and the use of derivatives for price risk management.

During the course, delegates will have an opportunity to explore and apply their new knowledge through several competitive team exercises. By simulating different aspects of trading and risk management, delegates will gain direct experience on the most common issues traders must assess, and the decisions that they must make.

Topics explored during an overview of the source and extent of global carbon emissions, different technical approaches to decarbonization, including carbon capture and storage, as well as corporate and government commitments.

A key element of the course is that you get the chance to put the knowledge learned into practice through a series of educational and enjoyable class exercises.  These exercises are designed to reinforce and extend your learning from the class.

This workshop is the Natural Gas Liquids version of our flagship oil trading courses. It introduces and explores key aspects of trading and risk management through lecture sessions, group exercises, and competitive team trading games. Delegates will learn the key building blocks of knowledge for NGLs and their market fundamentals. From there we will look at the physical trading lifecycle, contracts, and strategies. Finally, delegates will be introduced to the derivatives markets. 

This short workshop is ideal for anyone looking for an introduction to the Liquefied Natural Gas (LNG) supply chain and LNG trading. The course starts by outlining the key characteristics of natural gas as a commodity, and how its liquefied form is produced, stored and transported. The course then looks at how LNG and natural gas are traded, how gas pipeline and LNG cargo markets work, and covers key aspects of physical and financial trading, including hedging of price risk in LNG markets.

This workshop provides an introduction to biofuels, including ethanol, biodiesel, renewable diesel, biogases and sustainable aviation fuels (SAF). 

Topics explored during the course include an overview of different types of biofuels, and biofuels policies, rules, and mandates around the world.  You will learn how biofuels are produced, global production, consumption and transportation trends,  and how the quality of biofuels compare to conventional fuels.

This three-day, highly interactive, workshop is designed to provide an introductory overview of the way natural gas and electricity are traded within Europe. Delegates will learn the general principles of how gas and power markets work and how energy trading is carried out in the various different types of markets - spot and forward, exchange-based and OTC. They will also get an idea of what a trader's job involves through competitive team trading simulations and other hands-on exercises that focus on different aspects of trading and risk management.

The first day of the course focuses on the commodities themselves - the production, storage, transport, end-user markets, key quality issues, etc. for oil, natural gas, coal, electricity and transition fuels.  On the second day, we look into the market and trading arrangements for energy commodities.  The course has a global perspective, but a particular focus on European trading of gas, power and emissions.

This course is designed to follow on from our popular Fundamentals of Petroleum Refining course, by focusing on the topics of refinery economics and blending. The course reviews the fundamentals of refining planning and optimisation, and delegates will learn what affects refinery profitability, how margins are calculated and the trends in refining and product demand.  We 'll also cover product specifications, blending and valuation.

You don't need an engineering degree to understand the fundamentals of petroleum refining! This exciting course is designed to introduce non-technical oil industry members to the fascinating field of petroleum refining. Learn how a refinery works and how refinery operations affect global oil and product prices.  Also, you'll be introduced to refinery economics.

This virtual program includes four live, instructor-led sessions hosted on state-of-the-art training software with video, audio, chat, live polls, competitive quizzes, breakout sessions and much more!  The program also includes online self-study assignments to be completed before and after the virtual classroom sessions.

This course is aimed at anyone wishing to know more about the world of natural gas liquids trading (propane, butane, ethane and other NGLs). Delegates will learn the key building blocks of knowledge for NGLs and their market fundamentals. From there we will look at the physical trading lifecycle, contracts, and strategies. We will also cover the derivatives markets and their use in hedging and price risk management.

After an introduction to petroleum chemistry in easy terms, the course explains how a refinery works, what each of the main units does, and how this contributes to the conversion of crude oil into high-value refined products.

This one-day workshop is designed to follow on from our popular Fundamentals of Petroleum Refining course, by focusing on the topics of refinery economics and blending. The course reviews the fundamentals of refining planning and optimisation, and delegates will learn what affects refinery profitability, how margins are calculated and the trends in refining and product demand.  We 'll also cover product specifications, blending and valuation.

Presentations cover fundamentals of fuel combustion in gasoline and diesel engines, and how vehicles are evolving to provide lower emissions and fuel consumption: fuel specifications, their purpose and how they are developed; the tests used to measure fuel properties and how specifications are changing driven by vehicle developments and regulatory pressures including biofuels: an overview of refining processes, and the use of additives. The future outlook for alternative vehicles and fuels, as well as conventional vehicle developments will also be addressed.