Mini MBA: Understanding Petroleum Industry Dynamics

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Overview

Course overview

"All the supporting material is very well adapted and useful, especially diagrams detailing physical illustrations of oil & gas operations"
European Investment Bank

"Very comprehensive and relevant; good focus across technical and business areas"
Deutsche Bank

"Very practical and relevant industry knowledge passed on in a relatively short time"
Bank of Africa

"Overall a very good course. I would recommend for others to attend. The lecturer was good at explaining concepts / terms in simple and understandable words."
Standard Bank

This five day course focuses on the key elements of the petroleum supply chain. It has appeal to attendees from both technical and non-technical backgrounds. However, emphasis is given to the commercial and economic drivers that impact the supply chain. The key activities, processes and terms are presented in clear and jargon-free language that will enable attendees to gain a rapid understanding of the key functions of the supply chain.

The petroleum industry comprises three key sectors that utilise crude oil, natural gas and natural gas liquids through the supply chain.

These sectors are as follows:

  • The upstream that comprises exploration, development and production activities
  • The midstream that comprises transportation of petroleum liquids and gases via pipelines, terminals and marine, rail and road tankers
  • The downstream that involves trading and manufacturing of products through refining and petrochemical processes and the distribution of these products to the various consuming markets

Crude oil and natural gas together currently account for 59% of global primary energy demand. Not only do oil and gas represent important commodities but they are also at the centre of economic activity of societies. They have primary strategic and political significance.

Topic covered:

  • Review of the current petroleum markets; oil and gas supply and demand, future global trends
  • Key concepts and processes in exploration, development and production
  • International fiscal systems, IOCs, NOCs and geopolitics
  • The emergence of expanding natural gas markets, future growth trends, global trade through LNG, inter-regional trade through long distance pipelines, gas to power markets
  • Global trading markets for oil, gas and refined products; physical and derivative markets
  • Transportation logistics, costs and tariffs; marine tankers, pipelines, rail, river and road
  • Refining and petrochemical manufacturing processes; cost, prices and margins
  • The petrochemical industry, its major players, and their key success factors
  • Major gas export supply chains; LNG and pipeline, trends and risks
  • Key gas market sectors; industrial, residential, commercial, gas to power petrochemicals
  • Non-conventional petroleum, shale oil revolution in the USA - future impacts on global markets, and its environmental impacts?
  • Why alternative to fossil fuels are important
  • Renewable energy sources, comparison of costs of solar, geothermal, wind and wave energy, biomass
  • Several business cases dealing with upstream, midstream, and downstream petroleum industry, petrochemicals, emerging renewable energy sources and nuclear energy

The topics are reviewed using PowerPoint presentations, video clips and case studies and interspersed with short exercises and quizzes that will reinforce your understanding and knowledge base.

Benefits of attending

  • Gain a greater insight of the activities of the supply chain
  • Understand the prices, costs, and margins in each of the sectors
  • Recognise the future trends and risks for the petroleum industry
  • Comprehensive understanding of all sectors of the petroleum supply chain
  • Understanding processes, logistics, costs, margins and pricing
  • Familiarisation with key performance indicators

Methodology

As with all courses, this programme makes use of numerous case studies and exercises to ensure that you leave the course, ready to apply your new knowledge.

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We produce learning solutions that are completely unique to your business. We'll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.



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Why us


We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.

We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:

  • Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
  • Track record – we have delivered training solutions for 95% of worlds’ top 100 banks and have trained over 250,000 professionals.
  • Knowledge – our 150 strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
  • Reliability – if we promise it, we deliver it. We have delivered over 20,000 events both in person and online, using simultaneous translation to delegates from over 180 countries.
  • Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 96% on service and 95% on product