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This overview starts with the petroleum industry's history and characteristics, from its development at the end of the nineteenth century to the present day. It places oil among other energy sources and looks at how production and demand are expected to change.
The course is organised in three parts. The first covers history and forecasts, the second maps the roles of consumer countries, major companies and producers, and the third gives a quick look at investment and profitability.
It is a survey, so expect a broad picture rather than technical or engineering detail.
Welcome to this online course on Oil & Gas Industry Overview: History and characteristics of petroleum, major events, players of the oil scene, consumption, production and forecast.
This training course is designed to give you a comprehensive picture of the international oil & gas industry : from its earliest development at the end of the 19th century to the current situation.
The course uses up-to-date global statistics and is organized into 3 parts :
Part 1. outlines the main characteristics of the petroleum industry, reviews the major events of its history and the associated geopolitics, analyses the place of oil among all energy sources and forecasts future prospects for oil production and demand.
Part 2. outlines the roles of the main players within the petroleum industry (consumer countries, major companies and producing countries (OPEC and non-OPEC)).
Part 3. provides a quick review of the scale of investments and profitability in the oil industry.
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Tracking since 15 Nov — not enough history yet to tell you whether today's price is any good. Watch the course and we'll tell you when it drops.
This is what we recorded in US pricing — not every price this course has ever had, and prices differ by country.
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