Overview of the oil and gas industry from Udemy

Dear student,

Welcome to this online course on Oil and Gas part 1.

This 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 :

1. The first part 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

2. The second part outlines the roles of the main players within the petroleum industry: consumer countries, major companies and producing countries (OPEC and non-OPEC)

3. The third part provides a quick review of the scale of investments and profitability in the oil industry

This training course will highlight :

History of the oil industry
Up-to-date global statistics of oil & gas
Energy resources : definition, characteristics, conversion factors...
Energy demand and supply : evolution factors (reserves, technology, etc.) and scenarios
Strategies of actors: producer and consumer countries, national, independent and international oil companies, international organizations ()
Financial and political stakes, geographical and environment constraints
Forecasts of future energy demand
Investments and profitability of the oil industry

By the end of this training course, you will be able to :

Gain a broad perspective of the global oil and gas business
Describe the different types of energy resources (conventional, unconventional, renewable & fossil)
Interpret the evolution of the factors affecting the energy supply and demand (crude prices, technology, reserves, geopolitics, geography, environment, etc.)
Identify the actors of the energy scene and their strategic guidelines
Understand and appreciate the future energy challenges in terms of production and demand

So with no further ado, check out the free preview videos and the curriculum and we look forward to see you in the first section.

Also remember, as enrolled student you will have unlimited access to this material and one-on-one instructor support. So feel free to interact with us by email or simply ask us for help in the Q&A section. It will be our pleasure to help you and provide assistance.

Hope to see you there

Cheers,

WR Training

Spread the wings of your knowledge

What's inside

Learning objectives

Gain a broad perspective of the global oil and gas industry and understand the role of oil in our life
Discover the history of the oil industry from its earliest development at the end of the 19th century to the current situation
Interpret the evolution of the factors affecting the energy supply and demand (crude prices, technology, reserves, geopolitics, geography, environment...)

Identify the actors of the energy scene & their strategic guidelines (producers/consumers national & international companies, international organizations opec
Describe the different types of energy resources (conventional, unconventional, renewable & fossil)
Understand and appreciate the future energy challenges in terms of production and demand

Gain a broad perspective of the global oil and gas industry and understand the role of oil in our life
Discover the history of the oil industry from its earliest development at the end of the 19th century to the current situation
Interpret the evolution of the factors affecting the energy supply and demand (crude prices, technology, reserves, geopolitics, geography, environment...)
Identify the actors of the energy scene & their strategic guidelines (producers/consumers national & international companies, international organizations opec
Describe the different types of energy resources (conventional, unconventional, renewable & fossil)
Understand and appreciate the future energy challenges in terms of production and demand

Syllabus

ABOUT THE COURSE

Introduction

OIL IN OUR ECONOMIC LIFE

Oil in our economic life : Introduction

The role of oil in our economic life

THE CHARACTERISTICS OF THE OIL INDUSTRY

Centers of production and demand

Exploration risks

The importance of capital investment

Associations between companies

The concentration of production

A BRIEF HISTORY OF THE OIL INDUSTRY AND PETROLEUM REFINING

The beginnings of the oil industry

The Rockefeller era

The development of the oil industry

The world oil order before 1960

The formation of the OPEC and the 2 oil shocks

The consequences of the 2 oil shocks

The 1986 oil counter shock

The Gulf Crisis

The current situation

ENERGY, OIL AND ECONOMIC DEVELOPMENT

Energy equivalence

The world energy balance

Regional energy balances

Energy consumption and wealth

Energy consumption and price

ENERGY CONSUMPTION FORECAST

Energy consumption forecast

ENERGY RESOURCES

Energy resources

PRODUCTION OF OIL AND GAS

The historical development

The current position

Future prospects

The production of natural gas

THE PLAYERS OF THE OIL SCENE

The consuming countries

OPEC

The major oil companies

INVESTMENTS

Facts and figures

PROFITABILITY

CONCLUSION

Conclusion of part 1

Bonus

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Examines the historical development of the oil industry from its beginnings to the current situation

Provides a comprehensive overview of the international oil and gas industry

Covers key topics including energy resources, the role of oil in our economic life, and the players of the oil scene

Suitable for beginners who want to gain a broad understanding of the oil and gas industry

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Overview of the oil and gas industry with these activities:

Brush Up on Energy Sources

Show steps

Refresh your knowledge of energy sources before starting this course to strengthen your foundation for understanding the global energy landscape.

Browse courses on Fossil Fuels

Show steps

Review definitions and characteristics of different energy sources.
Distinguish between conventional and unconventional energy sources and provide examples of each.

Explore OPEC and its Role in the Oil Market

Show steps

Follow online tutorials to enhance your understanding of the Organization of the Petroleum Exporting Countries (OPEC) and its influence on global oil production and prices.

Show steps

Watch a video tutorial on the history and structure of OPEC.
Read an article analyzing OPEC's current strategies and challenges.

Read 'The Prize: The Epic Quest for Oil, Money, and Power'

Show steps

This award-winning book provides a comprehensive understanding of the history and geopolitical significance of oil, enhancing your grasp of the industry's complexities.

View The New Map: Energy, Climate, and the Clash of... on Amazon

Show steps

Read Part 1: The First Great Era of Oil
Analyze the rise of Standard Oil and its impact on the oil industry.

Four other activities

Expand to see all activities and additional details

Show all seven activities

Analyze Historical Oil Prices and Patterns

Show steps

Examine historical oil price data to identify trends, patterns, and factors influencing price fluctuations, deepening your understanding of market dynamics.

Show steps

Plot historical oil prices on a timeline.
Identify major events that influenced price fluctuations, such as political crises or economic recessions.

Discuss Energy Policies and Climate Change

Show steps

Engage in discussions with peers to analyze the complexities of energy policies and their implications for climate change, fostering critical thinking and understanding.

Show steps

Prepare talking points on a chosen energy policy.
Participate in a virtual or in-person discussion group, sharing perspectives and insights.

Develop a Presentation on the Future of Energy

Show steps

Design a multimedia presentation exploring the potential future scenarios and challenges facing the energy industry, promoting creativity and in-depth analysis.

Show steps

Research and gather data on emerging energy technologies and trends.
Create visual aids and supporting materials to enhance the presentation.

Support Students in a Junior Course

Show steps

Offer guidance and support to students enrolled in an introductory oil and gas course, reinforcing your understanding by teaching others.

Show steps

Identify opportunities to volunteer as a mentor or tutor.
Prepare lesson materials and resources to assist students with their coursework.

Career center

Learners who complete Overview of the oil and gas industry will develop knowledge and skills that may be useful to these careers:

Petroleum Engineer

Petroleum Engineers design and develop methods for extracting oil and gas from the earth. The knowledge you gain in this course will help you understand the history, challenges, and future prospects of the industry you'll be working in, which will help you make better decisions and stay ahead of the curve. Petroleum Engineers typically need a bachelor's degree in petroleum engineering or a related field.

See salaries and explore the career path for Petroleum Engineer

Geoscientist

Geoscientists study the physical characteristics of the Earth. The information you learn in this course will help you to make better decisions about where to drill for oil and gas. Geoscientists typically need a bachelor's degree in geology, geophysics, or a related field.

See salaries and explore the career path for Geoscientist

Oil and Gas Exploration Manager

Oil and Gas Exploration Managers plan and oversee the exploration and development of oil and gas fields. This course will help you understand the entire oil and gas industry so that you can make better decisions about where to invest your time and money. Oil and Gas Exploration Managers typically need at least 5-10 years of experience in the oil and gas industry.

See salaries and explore the career path for Oil and Gas Exploration Manager

Oil and Gas Analyst

Oil and Gas Analysts provide financial and economic analysis to companies and governments in the oil and gas industry. This course will help you develop the skills you need to understand the financial and economic aspects of the oil and gas industry. Oil and Gas Analysts typically need a bachelor's degree in finance, economics, or a related field.

See salaries and explore the career path for Oil and Gas Analyst

Oil and Gas Production Manager

Oil and Gas Production Managers plan and oversee the production of oil and gas from existing wells. This course will help you understand the challenges faced by oil and gas producers, which will help you to make better decisions about how to allocate your resources. Oil and Gas Production Managers typically need a bachelor's degree in petroleum engineering or a related field and 5-10 years of experience in the oil and gas industry.

See salaries and explore the career path for Oil and Gas Production Manager

Energy Consultant

Energy Consultants provide advice to companies and governments on how to use energy more efficiently. This course will help you understand the challenges and opportunities facing the energy industry, which will help you to provide better advice to your clients. Energy Consultants typically need a bachelor's degree in energy, environmental science, or a related field.

See salaries and explore the career path for Energy Consultant

Environmental Consultant

Environmental Consultants provide advice to companies and governments on how to reduce their environmental impact. This course will help you understand the environmental challenges facing the oil and gas industry, and will also help you to develop the skills you need to provide sound advice to your clients. Environmental Consultants typically need a bachelor's degree in environmental science, ecology, or a related field.

See salaries and explore the career path for Environmental Consultant

Public Policy Analyst

Public Policy Analysts research and analyze public policy issues, and make recommendations to governments and other organizations. This course will help you understand the public policy issues facing the oil and gas industry, and will help you develop the skills you need to conduct research and analysis. Public Policy Analysts typically need a bachelor's degree in public policy, political science, or a related field.

See salaries and explore the career path for Public Policy Analyst

Financial Analyst

Financial Analysts research and analyze financial data, and make recommendations to investors and other clients. This course will help you develop the skills you need to understand the financial aspects of the oil and gas industry. Financial Analysts typically need a bachelor's degree in finance, economics, or a related field.

See salaries and explore the career path for Financial Analyst

Investment Banker

Investment Bankers help companies raise capital by issuing stocks and bonds. This course will help you understand the financial aspects of the oil and gas industry, which will help you to provide better advice to your clients. Investment Bankers typically need a bachelor's degree in finance, economics, or a related field.

See salaries and explore the career path for Investment Banker

Sales and Trading Analyst

Sales and Trading Analysts help clients buy and sell stocks, bonds, and other financial instruments. This course will help you develop the skills you need to understand the financial aspects of the oil and gas industry. Sales and Trading Analysts typically need a bachelor's degree in finance, economics, or a related field.

See salaries and explore the career path for Sales and Trading Analyst

Market Research Analyst

Market Research Analysts conduct research on consumer markets. This course will help you develop the skills you need to identify and analyze trends in the oil and gas industry. Market Research Analysts typically need a bachelor's degree in marketing, consumer behavior, or a related field.

See salaries and explore the career path for Market Research Analyst

Data Analyst

Data Analysts collect, analyze, and interpret data. This course will help you develop the skills you need to analyze data in the oil and gas industry. Data Analysts typically need a bachelor's degree in computer science, statistics, or a related field.

See salaries and explore the career path for Data Analyst

Software Engineer

Software Engineers design, develop, and maintain software applications. This course will help you develop the skills you need to create software applications for the oil and gas industry. Software Engineers typically need a bachelor's degree in computer science or a related field.

See salaries and explore the career path for Software Engineer

Information Security Analyst

Information Security Analysts protect computer systems and networks from security breaches. This course will help you develop the skills you need to protect the IT systems of oil and gas companies. Information Security Analysts typically need a bachelor's degree in computer science or a related field.

See salaries and explore the career path for Information Security Analyst