The Houston 10-Day Mini MBA in the Oil & Gas Industry™

Training course overview

Oil, gas and coal are today the most widely used sources of energy and together represent the largest traded energy commodities in the world. These primary resources are almost exclusively never used in their raw state but are transformed into end use products. Oil & gas are ubiquitous in our modern world with uses spanning from energy to shelter and clothing to food and medicines. Our modern society depend on these energy sources and would collapse if these were to be reduced in any way. The supply and distribution of oil and gas are concentrated in certain regions in the world and their price fluctuates in most cases unpredictably.

Oil price instability and hence oil supply and demand have been fluctuating since the early seventies. These fluctuations have been attributed to disruptions in the oil supply either due to regional conflicts or directly by oil producing governments. Other causes for these oil price variations are due to both regional politics but more importantly due geopolitics. OPEC and lately OPEC plus have attempted to stabilize oil prices by adjusting their production. The USA has also joined this price stabilization role, by lifting their oil export ban in2015, that was put in place in the early seventies. USA’s regional surpluses from increasing shale oil production and by releasing their strategic petroleum reserves, have served to both stabilize and to wield a greater influence on world prices.

Natural gas prices have also experienced a similar fate in price fluctuations to those of oil prices, since gas prices are in the most, linked to a crude oil benchmark.

The 10-day accelerated mini-MBA in oil and gas energy management course, aims to explain the reasons behind anergy price fluctuations with a view of reducing inherent industry risks, and hence reduce the likelihood of producers and other stakeholders, incurring financial distress.

This training course will feature:

• Understand all the value-added steps from the wellhead through to oil & gas processing, refining, storage transportation and retailing
• Gain an understanding of the ways the oil and gas industries have organized to operate effectively and efficiently
• Understand the geopolitics of Oil & Gas and the major challenges facing the energy industry
• Learn about the important issues facing our industry and strategies used to address these issues
• Develop the necessary skills to evaluate and make effective decisions related to the oil & gas industry
• Build knowledge as to the nature and challenges facing the oil and gas industry
• Examine the industry structure with specific emphasis on the whole value chain
• Understand the fundamental economic links concerning the upstream and downstream businesses
• Develop the skills necessary to evaluate risks and opportunities and make effective decisions related to oil and gas
• Negotiate through the complex environmental challenges and build a robust strategy for the Transition to a Low-Carbon Economy