ETEM05 - Downstream Management

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Program : Petroleum Economics and Management

Content

Presentation

TU05_ETEM 2023-2024 A.TEHRANI_Refining Business & Optimization

TU05_ETEM 2023-2024_P.COWLING_Optimization (Linear Programming)

TU05_ETEM 2023-2024_E.BOYER_Natural Gas Economics & Management

TU05_ETEM 2023-2024_S.DUBOIS DU BELLAY/E.MORIN_Natural Gas Economics & Management

TU05_ETEM 2023-2024_R.MAJOR_Natural Gas Contracts

TU05_ETEM 2023-2024_N.HOUDART_Refining Project

TU05_ETEM 2023-2024_V.GORDILLO_Life Cycle Assessment

TU05_ETEM 2023-2024_J-B.RENARD_Corporate Management & Energy Transition

TU05_ETEM 2023-2024_R.ZAMAN_Petrochemicals

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LEARNING OBJECTIVES

Understand the main economic characteristics of the refining and petrochemical industries and the economic mechanisms of refining operations, with the concepts of refining margins and volatility.
Apply the linear programming theory and more precisely the simplex algorithm, a widely used algorithm to solve the linear programming models.
Understand the importance and meaning of marginal costs (dual values).
Be able to write a linear programming model and analyze the optimal solution and validity limits and use industrial software to optimize the operations of a conversion refinery
Analyze natural gas value chain and markets
Arbitrage between LNG and pipeline for natural gas transportation

Sébastien BIANCHI

Victor COURT

Arash FARNOOSH

Sidney LAMBERT-LALITTE

Frederic LANTZ

Olivier MASSOL

Maxime SCHENCKERY