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Oil Refinery Cost Management

An Interactive 5-Day Training Course

Oil Refinery Cost Management

Effective Energy Management

NASBA
Classroom Schedule
Date Venue Fees
02 - 06 Feb 2026 London $ 5,950
20 - 24 Jul 2026 Dubai $ 5,950
19 - 23 Oct 2026 Dubai $ 5,950
07 - 11 Dec 2026 Cairo $ 5,950
01 - 05 Feb 2027 London $ 5,950

Course Summary

In today’s modern refining environment, the use of innovative cost management practices that can accurately allocate refined intermediate and product manufacturing costs, may assist refiners to optimize their production, improve their profitability and competitiveness.

Cost management is concerned with the process of planning and controlling the budget of a project or business. Cost management can also be applicable to refinery management systems and it can be a very important part of the refinery production processes. It must be appreciated however, that production costs are a synthetic index that can reflect the effectiveness of production planning and scheduling. How to successfully control and manage production costs is a complex set of issues for refineries but it can be used to monitor and control refinery unit performance.

This training course on Oil Refinery Cost Management will assist in creating cost structures for refinery process units and assist in allocating costs to individual refinery intermediates and finished on-specification products. Important aspect of process plant optimization is related to system energy management and energy consumption reduction. Furthermore, process monitoring that includes advanced controls and new technologies also present opportunities for refinery optimization. Additional opportunities can include Crude Unit Utilization with opportunity crudes of lower quality and price.

This training course will assist in examining individual process equipment such as atmospheric and vacuum distillation equipment, catalytic and thermal processes, heaters, furnaces and steam boilers, heat exchanger integration, rotating equipment efficiency including pumps and compressors. Oil refinery cost management will provide a comprehensive review of the various aspects of refining cost management, which is the cornerstone for a viable plant profitability and optimization.

This GLOMACS training course will highlight:

  • Lectures, tutorials and group work in all areas of refinery cost management
  • Actual Case Studies that illustrate technical solutions with observable results benefits
  • Use of basic cost management software tools in excel will be made available to participants
  • Transfer of instructor’s broad hands-on industrial experience
  • Open reflection on real life situations in participants’ own refineries
Course Outline
Day 1

Overview of Cost Management

  • Introduction to Cost Management
    • Resource Planning
    • Cost Estimating
    • Cost Budgeting
    • Cost Control
  • Energy and its Effect on Refinery Profitability
  • Refinery Material & Energy Balance
  • Energy Benchmarking
  • Fuel, Power and Steam Costing Methodology
Day 2

Crude Oil Refining

  • Types of Refinery
  • Key Process Units
  • Refinery & Process Utilization
  • Global Refining Situation
  • Refining Costs
  • Refining Investment
  • Size and Complexity
  • Location and Logistics
  • Maintenance Costs
Day 3

Refinery Process Unit Operational Costs

  • Physical Separation: Crude & Vacuum Unit Distillation
  • Product Enhancement
    • Hydrotreating
    • Catalytic Reforming
    • Fluid Catalytic Cracking
    • Hydrocracking
    • Bottom of the Barrel Upgrading
  • Process Simulations
  • Advanced Process Control and its Benefits
  • Blending for Product Specifications
  • Blending to Reduce Product Costs
Day 4

Economic Evaluation and Cost Management

  • Cost Estimation
  • Refinery Complexity and Netback
  • The Gross Refining Margin
  • The Net Refining Margin
  • Factors that Influence Margins
  • Margins According to Region
  • Refinery Utility System
  • Steam and Power System Optimization
  • Energy Efficiency: The Effect of Energy on Refinery Profitability
  • Quantification of Fuel Loss, Oil Accounting
Day 5

Process Heat Integration & Equipment Efficiency: Effective Energy Management

  • Process Heat Integration
  • How heat integration works?
  • Introduction to Pinch Technology
  • Heat Availability Curves and Energy Targeting
  • Equipment Efficiency: Effective Energy Management
    • Fired Heaters
    • Rotating Equipment
    • Heat Exchangers
  • Energy Focused Organisation
  • Course Review and Close
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

KHDA
NASBA

In Association With

Options & Brochure
Related Categories
Oil and Gas Refining

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

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Official Saudi Arabian division of GLOMACS with established global credibility.

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Internationally benchmarked training courses aligned with professional best practices.

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Trusted by professionals and institutions across public and private sectors.

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GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

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