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Refinery & Supply Economics

Consultant/Trainer: Danny Peferoen & Peter Bost

Refinery economics are being reshaped by market volatility, shifting crude slates, tightening regulations, and the energy transition. Geopolitical tensions and supply chain disruptions make margin optimization more critical than ever. This CPD Accredited intensive course provides the insights and skills needed to maximize value from crude selection, product optimization, and logistics.

Through real-world case studies and expert guidance, you’ll learn how refining margins are formed and optimized, the impact of crude selection on profitability, strategies for managing product value chains in volatile markets, and how to integrate sustainability into refinery economics.
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Cost

€3525

Location

Amsterdam, the Netherlands

Dates

w/c 09 November

About the Trainer

Peter Bost is a seasoned expert in refinery supply economics, with decades of experience in crude selection, refining margin optimization, and product value chain management. His career spans leadership roles in major oil companies, where he played a pivotal role in refining strategy, supply chain efficiency, and trading. Peter brings a wealth of knowledge in market dynamics and cost-effective refining solutions, equipping participants with practical insights and strategic decision-making skills.

Danny Peferoen has an extensive background in refining operations, supply chain logistics, and trading strategies. With years of experience in the energy sector, Danny has advised global refiners on crude procurement, product pricing strategies, and operational cost optimization. His expertise in navigating volatile markets and integrating sustainability into refining economics makes him a valuable resource for course participants looking to enhance their competitive edge in the industry.

Participants

The ideal participants for this course include:
  • Refinery Managers & Engineers
  • Supply Chain & Logistics Professionals
  • Trading & Marketing Specialists
  • Business & Strategy Analysts
  • Economists & Financial Analysts
  • Operations & Planning Managers

Whether you’re optimizing crude selection, managing refinery profitability, or adapting to evolving regulations and sustainability demands, this course will provide you with the knowledge and tools to make informed, strategic decisions.

Learning Objectives

By the end of this course, participants will have a comprehensive understanding of the economic principles that underpin refinery supply chain operations. You will gain practical skills in analyzing the financial and operational aspects of refinery supply chains, focusing on key metrics such as cost structures, optimization strategies, and risk management. The course will equip you with the ability to assess the impact of market fluctuations, resource allocation, and environmental factors on refinery profitability. Through case studies and hands-on exercises, you’ll develop the ability to make informed decisions to enhance operational efficiency and drive cost-effective solutions within the refining industry.

Day 1
Safety & Introductions

  • Welcome, safety, arrangement
  • Introduction of participants
  • Programme & course objectives

Refinery configurations
Costing and Valuation: YES
Costing and Valuation: Marginal costing

  • Valuation of Furfural Extract

Costing and Valuation: Refinery Fuels

  • Valuation of Refinery Fuel

Margin optimisation: Crude valuation

  • Crude valuation
  • Crude processing deal

Day 2
Cost of Critical Gasoil spec (simulation)
Cost of Critical Gasoil spec (LP)
Margin optimisation: Linear Programming

  • Analysis of a Refinery programme
  • Trading game

Investment economics

Day 3
Chemical investment group exercise
Supply chain planning & execution

  • Implementing economic drivers

Course review & close out

Alternative Programme

Day 1 (4 h)
Introductions

  • Welcome, safety, arrangement
  • Introduction of participants
  • Programme & course objectives

Refinery configurations
Costing and Valuation: YES

Day 2 (4 h)
Costing and Valuation: Marginal costing

  • Valuation of Furfural Extract

Costing and Valuation: Refinery Fuels

  • Valuation of Refinery Fuel

Margin optimisation: Crude valuation

  • Crude valuation
  • Crude processing deal

Day 3 (4 h)
Margin optimisation: Linear Programming

  • Cost of Critical Gasoil spec (simulation)
  • Cost of Critical Gasoil spec (LP)

Day 4 (4 h)
Margin optimisation: Linear Programming

  • Analysis of a Refinery programme
  • Trading game

Day 5 (4 h)
Investment economics
Chemical investment group exercise
Supply chain planning & execution

  • Implementing economic drivers

Course review & close out

Programme

Day 1
Safety & Introductions

  • Welcome, safety, arrangement
  • Introduction of participants
  • Programme & course objectives

Refinery configurations
Costing and Valuation: YES
Costing and Valuation: Marginal costing

  • Valuation of Furfural Extract

Costing and Valuation: Refinery Fuels

  • Valuation of Refinery Fuel

Margin optimisation: Crude valuation

  • Crude valuation
  • Crude processing deal

Day 2
Cost of Critical Gasoil spec (simulation)
Cost of Critical Gasoil spec (LP)
Margin optimisation: Linear Programming

  • Analysis of a Refinery programme
  • Trading game

Investment economics

Day 3
Chemical investment group exercise
Supply chain planning & execution

  • Implementing economic drivers

Course review & close out

Alternative Programme

Day 1 (4 h)
Introductions

  • Welcome, safety, arrangement
  • Introduction of participants
  • Programme & course objectives

Refinery configurations
Costing and Valuation: YES

Day 2 (4 h)
Costing and Valuation: Marginal costing

  • Valuation of Furfural Extract

Costing and Valuation: Refinery Fuels

  • Valuation of Refinery Fuel

Margin optimisation: Crude valuation

  • Crude valuation
  • Crude processing deal

Day 3 (4 h)
Margin optimisation: Linear Programming

  • Cost of Critical Gasoil spec (simulation)
  • Cost of Critical Gasoil spec (LP)

Day 4 (4 h)
Margin optimisation: Linear Programming

  • Analysis of a Refinery programme
  • Trading game

Day 5 (4 h)
Investment economics
Chemical investment group exercise
Supply chain planning & execution

  • Implementing economic drivers

Course review & close out

REGISTRATION

Course name:Refinery & Supply Economics
Course date:w/c 09 November
Delegate Details
Cancellations & Substitutions:

If you are unable to attend the course you can make a substitution. All substitutions and name changes must be received in writing by mail or e-mail no later than one week before the first course date. For cancellations received in writing after the course fee is paid and no later than 21 days before the course start date, Petrogenium will issue a credit note to be considered as a down payment for any Petrogenium courses during next 12 months. For cancellations received after 21 days before the course start date, the course material will be sent but no fees will be refunded.
Programme Changes:

The course content may be subject to changes due to unforeseen circumstances. Petrogenium reserves the right to change the venue and/or lecturers, and to cancel the course, notifying the registrant 30 days before the first course date. Petrogenium accepts no responsibility for any loss or damage to property belonging to, nor for any personal injury incurred by, attendees at our training courses, whether within the training course venue or otherwise.
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