Description

Dear student,Welcome to this online course on Oil & Gas.This course is designed to give you a complete understanding of the Oil & Gas industry for a successful career.The course uses up-to-date global statics and is organized into 6 parts :>> PART 1 : OVERVIEW OF THE OIL AND GAS INDUSTRYThis first part will :Outline the main characteristics of the petroleum industryReview the major events of its history and the associated geopoliticsAnalyse the place of oil among all energy sources and forecasts future prospects for oil production and demandOutline the roles of the main players within the petroleum industry :Consumer countries (USA, China, Europe…)Major companies (ExxonMobil, Chevron, Shell, BP, Total…)Producing countries (OPEC and non-OPEC)Provide a quick review of the scale of investments and profitability in the oil industry>> PART 2 : PETROLEUM PRODUCTS : PROPERTIES, SPECIFICATIONS, MARKETS AND DEMANDThis second part will :Outline the main characteristics and properties of petroleum products (LPG, gasoline, diesel, kerosine, fuel oil…)Review their main specifications and how these specifications evolved over time and for different countriesDescribe the standard quality control tests performed in refineries and petrochemical plants, highlights the tests significance and the accuracy of the methodsAnalyse the place of each petroleum product, the associated market trends and forecasts future prospects for production and demand>> PART 3 : OIL AND GAS : MARKETS, TRADING, PRICING, AND ECONOMIC FRAMEWORKThis third part will :Review the different oil trading markets by type of transactionSummarize the operation of the physical and financial oil marketsReview the different types of contracts : long term, spot and forwardOutline how crude oil and petroleum products are tradedExplain the pricing mechanism of crude oil and petroleum productsAnalyze the parameters which influence prices of crude oil and prices of petroleum productsReview the different exchanges and their organization: the cases of NYMEX and ICEDescribe hedging techniques available for protection against fluctuations in pricesOutline the principle of financial derivative products like Swaps and Options>> PART 4 : LOGISTICS OF CRUDE OIL AND PETROLEUM PRODUCTSThis fourth part will :Analyse transport problems, particularly the transport of crude oilDiscuss sea and pipeline transport, their associated costs and operational and regulatory frameworkOutline the different ways of delivering finished petroleum products from a refinery : by water, pipeline, rail or roadDescribe the different restrictions that apply to product dispatch and their various controls (Quality, Quantity, Customs…)>> PART 5 : PETROLEUM REFINING DEMYSTIFIEDThis fifth part will :Provide a broad technical information on refining processes and petroleum productsEnable a rapid immersion in the refining industryDescribe the composition and main characteristics of various crude oil (Brent, Arab light, Urals, Forcados, Forties…) and petroleum products (LPG, Gasoline, Gas oil, Fuel oil…)Explain the role of various processing units in a refineryDescribe the main manufacturing schemes encountered in petroleum refining>> PART 6 : OVERVIEW OF THE PETROCHEMICAL INDUSTRY : THE STEAM CRACKING PROCESSThis last part will :Provide essential information on petrochemical industry and its integration in the petroleum chainOutline the origin and uses of the main olefinic and aromatic intermediatesExplain the different steps of the petrochemical industryExplain in details the Steam Cracking process : its principles, its design and operationsOutline the stakes in term of economy and the main parameters which influence the productivity of the petrochemical industrySituate the petrochemical industry in its energy and geographic environment=> IMPORTANT NOTES :The course includes more than 45 downloadable resources in pdf format with unlimited access.These documents contain everything you need to know about the Oil and Gas industry (Global trends, crude oil characteristics and properties, petroleum products properties and specifications, refining and petrochemical process schemes, layouts and much more…)To download the files :1. Go to the “course curriculum” page2. Expand all the sections to have access to all the pdf files3. Click on any file to open it. You can save it to view it later offlineSo 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 thereCheers,WR TrainingSpread the wings of your knowledge