Refinery Economics Fundamentals (Refinery Economics Part 1) - Virtual Only
Live Training
  • Overview
  • Schedule

City / Region

Please check your class time with your time zone. 

Houston — Central Time

07:00–11:00

London, UK

13:00–17:00

Amsterdam, Netherlands

14:00–18:00

Berlin, Germany

14:00–18:00

São Paulo, Brazil

10:00–14:00

Johannesburg, South Africa

15:00–19:00

Dubai, UAE

17:00–21:00

Singapore

21:00–01:00 (+1 day)


Take the full Refinery Economics and Margin Improvement course: Add Refinery Economics Optimization - Part 2 to your cart

TRAINING DAYS:

2 Days

PDH:

8 Hours

DISCIPLINE:

Strategic Planning and Process Solutions

LEVEL:

Core Skill

CATEGORY:

Refining Economics

SUGGESTED EXPERIENCE:

1–5 years

TRAINING MAP:

Process Engineer

MODE:

Virtual

Levels and experience are guidelines based on topic-specific experience. All courses support foundational and advanced learning.

About:

This course introduces the economic principles and market drivers that influence refinery profitability. Participants explore crude and feedstock pricing, product markets, logistics, environmental and regulatory impacts, and economic risk, then connect these fundamentals to operations planning, crude valuation, and decision-making tools.

What You’ll Learn:

  • Explain the economic principles that influence refinery profitability and business performance.
  • Evaluate crude, feedstock, and product pricing and supply-and-demand relationships.
  • Recognize how logistics, environmental requirements, and economic risk affect refinery economics.
  • Connect economic fundamentals to operations planning, crude evaluation, and decision-making tools.
  • Who Should Attend:

    Refinery engineers, planning and coordination personnel, product marketers, and professionals in financial analysis, consulting, catalyst supply, or government agencies who need a practical foundation in refinery economics.

    Course Outline:

    Refinery Economic Overview

  • Economic principles and refinery profitability
  • Economic Bases

  • Crude and feedstock pricing
  • Product pricing
  • Environmental and regulatory impacts on refinery economics
  • Crude and product logistics
  • Economic risk management
  • Economic Decision-Making

  • Operations planning
  • Crude evaluation
  • Models and tools
  • Taught By:

    Robert Ohmes

    Meet The Instructor:

    Robert Ohmes has over 30 years of engineering experience in the energy industry, specializing in refinery economics, process simulation, and profitability improvement. His background includes Flint Hills Resources (Koch Refining Company) and international consulting, including models for over 150 hydroprocessing units.

    He holds an MBA from the A.B. Freeman School of Business at Tulane University and a BS in Chemical Engineering from Kansas State University. He is a licensed Professional Engineer in Louisiana and Idaho.

    Venue:

    This training will be delivered virtually over two days, with four hours of instruction each day. For alternative locations and delivery options, visit becht.com/training for the full schedule.

    Upcoming Sessions
    March 2027
    1
    **VIRTUAL** March 2027 - Refinery Economics Fundamentals (Refinery Economics Part 1)
    02:00 PM - 06:00 PM
    Time Zone
    W. Europe Standard Time UTC +1
    Instructor
    Robert Ohmes, Darren York
    Location
    Teams Training01 Venue | | , |
    Starts
    March 1 2027 02:00 PM
    Ends
    March 2 2027 06:00 PM
    PDH
    TBD
    Tags
    Cost
    $1,400.00