Roadmap for Refined Crude Oil Pricing and Supply: Challenges and Strategic Solutions

Synopsis: The refined crude oil market is a cornerstone of global energy economies, yet it faces persistent challenges, including pricing volatility, supply chain inefficiencies, and market imbalances. This session explores the complexities of refined crude oil pricing, influenced by global crude price fluctuations, geopolitical tensions, and currency instability, which create uncertainty for producers and consumers. Key issues include inefficiencies in refining, transportation, and storage infrastructure, particularly in regions like Nigeria, where regulatory inconsistencies and subsidy policies hinder supply optimization. The session also highlights the critical role of technology in enabling real-time pricing analysis and supply chain management while emphasizing policy reforms for market liberalization and competitive fairness. Attendees will gain a detailed understanding of strategic solutions, including adopting sustainable supply practices, leveraging regional collaborations, and aligning pricing frameworks with economic goals to drive resilience in an evolving global energy landscape.

MEET THE SPEAKER

Mr. Sepribo N. Bobmanuel

Process Engineer, Dangote Refinery & Petrochemicals.
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Bobmanuel Sepribo Nelson is a versatile professional with a wealth of expertise in process engineering, podcasting, and voice artistry. He is a Process Engineer at Dangote Petroleum Refinery and Petrochemicals, FZE, where he played a critical role in commissioning the largest single-train crude distillation unit. Building on this achievement, he advanced to commission the Residual Fluid Catalytic Cracking (RFCC) unit, where he is now specialized and continues to develop his expertise in refining and petrochemical processes. In addition to his engineering accomplishments, Bobmanuel is the creator and host of #TheVoiceMemoWithBob on Spotify, where he shares thought-provoking discussions and reflections on life. His skills as a compere and voice-over artist allow him to connect with audiences in impactful and engaging ways.

A graduate of Rivers State University of Science and Technology with a Bachelor of Technology in Chemical/Petrochemical Engineering, Bobmanuel holds multiple certifications from Honeywell UOP in Process Safety Management, Refining Process Fundamentals, Oil & Gas Reservoirs, and Environmental Issues & Pollution Control. During his early career, Bobmanuel was recognized as the most outstanding engineer trainee at Dangote Petroleum Refinery, earning the first-ever award of its kind in the organization. He has also excelled as a Management Trainee at EzWash & Dry and as a Mathematics/Further Mathematics teacher in leading schools.

With a passion for learning and creativity, Bobmanuel continues to refine his technical expertise and artistic endeavors, bridging innovation and inspiration across his professional and creative pursuits.