Performance Improvement CPD Accredited

Refinery & Supply Economics

Open Course — Haarlem In-House / On-Site

This Petrogenium course can be tailored for awareness/inexperienced staff, for intermediate and for experienced personnel. Furthermore the course can be customized for a specific refinery, plant or unit. The option for post-course consultancy/help-desk support is also available.

Participants may include: all refinery technical personnel; operations’ process engineers and process managers; technical services engineers and managers; refinery planners; newly-hired refinery personnel and current semi-technical personnel who require introductory training to acquire the broader perspective; non-refinery professionals in the Oil & Gas industry or related sectors.

State the role of the main refining processes, refinery configurations, operating characteristics, crude choice, processing options and desired products, crude and products quality parameters, refinery economics and planning; costing & valuation; trading; petrochemicals; methodology of optimization & product improvement; apply analytical tools to refinery management; supply chain; economic drivers; explain the challenges, opportunities and future trends in the refining industry.

This course includes presentations, simulations, trading game, exercises, interactive sessions (participants can propose relevant topics upfront to discuss in class).

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

Delivery Options & Upcoming Dates

Open Course — Haarlem, Netherlands

Open Enrolment

From €3,525 per person

  • w/c 09 November

In-House / On-Site Training

Tailored to Your Team

This course can be tailored and delivered at your own facility — adapted to your specific units, equipment, and team experience level. We come to you, wherever you are in the world.

All content can be customised for awareness, intermediate, or experienced staff. Post-course consultancy and help-desk support is also available.

Request In-House Training

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All courses can be tailored, combined, or run exclusively for your team — anywhere in the world.

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