Refining and Petrochemical > Refinery & Supply Economics – Virtual Instructor Led Training (VILT)

About this Virtual Instructor Led Training (VILT) 

This 5 half-day Virtual Instructor Led Training (VILT) course will provide insights into many aspects of operating the modern refinery as a business. This will include technical information on refining processes, crude oils and processing options, the place of the refinery in the value chain, refinery cost structure and management, optimization and profit margin, energy and oil loss reduction. This VILT course will also address important management tools and techniques used for economic evaluations in refineries including future trends.

This VILT course will include presentations, simulations, a trading game, and exercises. This is an interactive session where participants can propose relevant topics upfront to discuss during class.

This VILT course can be further tailored for inexperienced or experienced personnel. Further customization can also include addressing a specific refinery, plant or unit. The option for post-course consultancy or help-desk support is also available.

By participating in this highly intensive 5 half-day VILT course, participants will be able to:

  • Understand the main functions in refining processes, configurations and its operating characteristics
  • Analyse the choice of crude, processing options and desired products and product quality parameters
  • Closely review refinery economics and planning, margins, costing & valuation including trading
  • Apply the methodology of refinery optimization and product improvement
  • Gain an application of analytical tools to refinery management, supply chain and their economic drivers
  • Appreciate the current challenges, opportunities and future trends impacting the refining industry


This VILT course will benefit 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 of refinery economics and supply.

This VILT course will be delivered online in 5 half-day sessions comprising 4 hours per day, with 2 breaks of 10 minutes per day. There will be case studies for each day in several formats – individual exercises, group exercises, and games.

Course Duration: 5 half-day sessions, 4 hours per session (20 hours in total).


To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information about post training coaching support and fees applicable for this.