Best Petroleum Economics Training
Course Overview
The main objective of Masterclass Petroleum Economics training program is to equip professionals with the following:
• Information and knowledge of energy economics specific to Petroleum
• Awareness and understanding of international standards and concepts related to Petroleum companies and projects
• How better management of Petroleum can cause organisational development and operational enhancement
• The necessary skills and experience to train other professionals regarding best practices of petroleum economics
• The experience and exposure to address appropriate aspects of climate change and use of Petroleum
• The required analytical skills to accurately assess Petroleum supply and demand
• The skill set and capabilities to work with various energy models to increase efficiency and overall delivery
• The expertise to assess risks, alter course for effective resolutions at the earliest
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦330000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦330000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦330000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
PETROLEUM AND PROCESSESS
• Up-stream Activities of the Energy Sector
• Up-stream activities of energy and Petroleum
• Oil & natural gas exploration
• Drilling and production
• Technology is finding the oil and gas
• Exploration techniques for Petroleum
• Enhanced oil recovery & reserves of crude oil
ASSETS
• Assets management
• Factor affecting assets value
• Life-cycle of oil assets
• Manage and evaluate the up-stream assets
• Operating costs of assets
PETROL ECONOMY – I
• Energy & petroleum sector | Mid-stream activities
• Crude oil & natural gas economics
• Recovery and transportation
• Pipeline transportation in oil and gas
PETROL TRANSPORTATION
• Pipeline transportation management
• Pipeline operating costs & maintenance
• Cross-border pipeline transportation and crude oil
• Oil shipping and tanker charting
• Pricing of energy and petroleum products
ROLE OF REFINERIES AND SUPPLY CHAIN
• Energy and petroleum sector| Down-stream activities
• Finished products supply i.e., Refining activities
• Technology and it’s part in refining & conversion
• Petrol Supply chain economics
BUSINESS STRATEGIES FOR PETROLEUM
• Demand and market for petroleum products
• Strategy for Petroleum
• Retail business and petrol-retailing
• Petro-accounting
• Reverse recognition accounting and full-cost
• Financial & income statements
TRADING OF PETROL
• Oil Trading and Geopolitics
• Global business and current status in petroleum industry
• Down-stream refining & marketing
• Trend & structure of oil
• Hydro-carbon domestic & global Economic environment
MODERN TECHNIQUES
• Petro-informatics
• Advancement petroleum industry
• Petro e-business and e-market
• Architecture of E-gas station
• Oil and gas industry|Next-generation services
PETROL ECONOMY – II
• Micro-economics
• Macro-economics
• Industrial Economics
• Revenue and is influenced by macroeconomics
• Variables contribute to variation in crude oil prices
• The factors for forecasting prices
• Price and investment relation with drilling counts, wells explored and the supply
• New oil wells | Financial decision making
• Cash flow model for oil well
1ST BATCH: Tuesday, February 10, 2026 — Friday, February 13, 2026.
2ND BATCH: Tuesday, June 2, 2026 — Friday, June 5, 2026.
3RD BATCH: Monday, September 28, 2026 — Wednesday, September 30, 2026.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
