Your Complete Guide To A Successful Career In Oil & Gas

6 courses in 1 : Oil Production Economics Trading Pricing Specifications Logistics Petroleum Refining and Petrochemicals

What you'll learn
COURSE #1 : Gain a broad perspective of the global oil and gas industry and understand the role of oil in our life
COURSE #1 : Discover the history of the oil industry from its earliest development at the end of the 19th century to the current situation
COURSE #1 : Interpret the evolution of the factors affecting the energy supply and demand (crude prices, technology, reserves, geopolitics, geography, environment…)
COURSE #1 : Identify the actors of the energy scene and their strategic guidelines (producer and consumer countries, national, independent and international oil companies, international organizations (OPEC, IEA…))
COURSE #1 : Describe the different types of energy resources (conventional, unconventional, renewable & fossil)
COURSE #1 : Understand and appreciate the future energy challenges in terms of production and demand
COURSE #2 : Grasp the main characteristics of petroleum products and their relevance for end-users
COURSE #2 : List the key properties for automotive fuels (now and in the future)
COURSE #2 : Identify recent changes and future trends for the petroleum products’ specifications, markets and demand
COURSE #2 : Identify the main trends of fuel evolution due to: new regulations and/or new motor technologies
COURSE #2 : Understand how the main properties of each petroleum products are measured, checked and controlled using standard quality control tests
COURSE #2 : Understand the tests significance and accuracy of the methods
COURSE #3 : Review the different oil trading markets by type of transaction
COURSE #3 : Summarize the operation of the physical and financial oil markets
COURSE #3 : Review the different types of contracts: long term, spot and forward
COURSE #3 : Understand how crude oil and petroleum products are traded
COURSE #3 : Understand the pricing mechanism of crude oil and petroleum products
COURSE #3 : Analyze the parameters which influence prices of crude oil and prices of petroleum products
COURSE #3 : Review the different exchanges and their organization: the cases of NYMEX and ICE
COURSE #3 : Comprehend hedging techniques available for protection against fluctuations in prices
COURSE #3 : Understand the principle of financial derivative products like Swaps and Options
COURSE #4 : Gain a broad perspective of the global oil and gas business : supply and transportation
COURSE #4 : Understand logistics and supply principles and practices
COURSE #4 : Use Worldscale reference to charter a ship and to calculate the profitability
COURSE #4 : Understand how the commercial petroleum products (gasoline, diesel, fuel) are dispatched from the refineries to the market
COURSE #5 : Comprehend the basic differences between exploration, refining and petrochemicals
COURSE #5 : Understand the basics of the various refining processes
COURSE #5 : Learn what crudes are made of and understand the chemical properties of their hydrocarbon components like paraffins, naphthenes, aromatics…
COURSE #5 : Learn how the major refining processes work and interact with each other (distillation, isomerization, alkylation, catalytic reforming, hydrotreater, sulfur plant, fluid catalytic cracking, hydrocracking, delayed coking, asphalt/lube plant…)
COURSE #5 : Understand how the main petroleum products are made (LPG, gasoline, kerosene, diesel fuel, heating oil, heavy fuel, asphalts, lubricants…)
COURSE #5 : Appreciate that aromatics are important to the petrochemical industry even though refineries are trying to minimize these in gasoline due to their toxic properties
COURSE #5 : Appreciate that olefinic and aromatic petrochemical precursors are specialty chemicals produced by the refining processes
COURSE #6 : Comprehend the basic differences between petroleum refining and petrochemicals
COURSE #6 : Review the interactions with refining (objectives, advantages, flow and services exchanges…)
COURSE #6 : Situate the petrochemical industry in its energy and geographic environment
COURSE #6 : Explain the different steps of the petrochemical industry
COURSE #6 : Understand the operating principles of the steam cracking process
COURSE #6 : Know the origin and uses of the main olefinic and aromatic intermediates
COURSE #6 : Know the main markets for olefins, C4 cuts and aromatics
COURSE #6 : Know the opening on the petrochemistry of the main plastics
COURSE #6 : Know the outlets and main industrial uses of olefinics, diolefinics and aromatics hydrocarbons
Requirements
A passion for learning
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

Overview

Section 1: ABOUT THIS COURSE BUNDLE

Lecture 1 Overall introduction

Section 2: COURSE #1 : ABOUT THE COURSE

Lecture 2 Introduction

Section 3: COURSE #1 : OIL IN OUR ECONOMIC LIFE

Lecture 3 Oil in our economic life : Introduction

Lecture 4 The role of oil in our economic life

Section 4: COURSE #1 : THE CHARACTERISTICS OF THE OIL INDUSTRY

Lecture 5 Centers of production and demand

Lecture 6 Exploration risks

Lecture 7 The importance of capital investment

Lecture 8 Associations between companies

Lecture 9 The concentration of production

Section 5: COURSE #1 : A BRIEF HISTORY OF THE OIL INDUSTRY AND PETROLEUM REFINING

Lecture 10 The beginnings of the oil industry

Lecture 11 The Rockefeller era

Lecture 12 The development of the oil industry

Lecture 13 The world oil order before 1960

Lecture 14 The formation of the OPEC and the 2 oil shocks

Lecture 15 The consequences of the 2 oil shocks

Lecture 16 The 1986 oil counter shock

Lecture 17 The Gulf Crisis

Lecture 18 The current situation

Section 6: COURSE #1 : ENERGY, OIL AND ECONOMIC DEVELOPMENT

Lecture 19 Energy equivalence

Lecture 20 The world energy balance

Lecture 21 Regional energy balances

Lecture 22 Energy consumption and wealth

Lecture 23 Energy consumption and price

Section 7: COURSE #1 : ENERGY CONSUMPTION FORECAST

Lecture 24 Energy consumption forecast

Section 8: COURSE #1 : ENERGY RESOURCES

Lecture 25 Energy resources

Section 9: COURSE #1 : PRODUCTION OF OIL AND GAS

Lecture 26 The historical development

Lecture 27 The current position

Lecture 28 Future prospects

Lecture 29 The production of natural gas

Section 10: COURSE #1 : THE PLAYERS OF THE OIL SCENE

Lecture 30 The consuming countries

Lecture 31 OPEC

Lecture 32 The major oil companies

Section 11: COURSE #1 : INVESTMENTS

Lecture 33 Facts and figures

Section 12: COURSE #1 : PROFITABILITY

Lecture 34 Facts and figures

Section 13: COURSE #1 : CONCLUSION OF PART 1

Lecture 35 Conclusion of part 1

Section 14: COURSE #2 : ABOUT THE COURSE

Lecture 36 Introduction

Section 15: COURSE #2 : PETROLEUM PRODUCTS

Lecture 37 Many products, many applications

Lecture 38 Various classifications

Lecture 39 Specifications

Section 16: COURSE #2 : THE DEMAND FOR OIL PRODUCTS

Lecture 40 Current consumptions

Lecture 41 How consumption changed - Overview

Lecture 42 How consumption changed by market sector

Lecture 43 How consumption changed - Automotive fuels

Lecture 44 Demand for automotive fuels

Lecture 45 The automotive vehicle fleet

Lecture 46 Gasoline or Gas Oil ?

Lecture 47 Future demand for gasoline and gas oil

Lecture 48 Consumption of automotive fuels - Income and price

Section 17: COURSE #2 : GASOLINE

Lecture 49 Octane number

Lecture 50 Vapor pressure

Lecture 51 Relative density

Lecture 52 Various gasoline grades with # octane numbers

Lecture 53 Unleaded gasoline

Lecture 54 US oxygenated and reformulated gasolines

Lecture 55 Europe : The Auto Oil Programme

Section 18: COURSE #2 : GAS OIL

Lecture 56 Main characteristics

Lecture 57 Auto-ignition and Cetane Index

Lecture 58 Cold temperature performance

Lecture 59 Sulfur content

Lecture 60 Appearance

Section 19: COURSE #2 : HEATING GAS OIL

Lecture 61 Generalities

Lecture 62 The market for heating gas oil

Lecture 63 Specifications

Section 20: COURSE #2 : HEAVY FUEL OIL

Lecture 64 Generalities

Lecture 65 Heavy fuel oil consumption

Lecture 66 Specifications

Section 21: COURSE #2 : LIQUEFIED PETROLEUM GAS - LPG

Lecture 67 Generalities

Lecture 68 LPG production

Lecture 69 The market for LPG

Section 22: COURSE #2 : NAPHTHA AND PETROCHEMICAL FEEDSTOCKS

Lecture 70 Naphtha and petrochemical feedstock

Section 23: COURSE #2 : JET FUEL

Lecture 71 Generalities

Lecture 72 The market for jet fuel

Lecture 73 Specifications

Section 24: COURSE #2 : LUBRICATING OIL

Lecture 74 The market for lubricating oil

Lecture 75 Some technical aspects

Section 25: COURSE #2 : BITUMEN / ASPHALTS

Lecture 76 Generalities

Lecture 77 Bitumen demand

Section 26: COURSE #2 : CONCLUSION OF PART 2

Lecture 78 Conclusion of part 2

Section 27: COURSE #2 : DOWNLOADABLE RESOURCES

Lecture 79 Course #2 : Downloadable resources

Section 28: COURSE #3 : ABOUT THE COURSE

Lecture 80 Learning objectives

Section 29: COURSE #3 : CRUDE OIL : A UNIQUE RAW MATERIAL

Lecture 81 Introduction

Lecture 82 A marker price

Lecture 83 Different strategies

Section 30: COURSE #3 : INTERNATIONAL OIL TRADE

Lecture 84 Introduction

Lecture 85 The 1970s : Long term contracts

Lecture 86 The 1980s : The development of spot markets

Lecture 87 The netback contracts

Lecture 88 The 1990s : The development of financial markets

Section 31: COURSE #3 : PRICES ON THE OIL MARKETS

Lecture 89 Introduction

Lecture 90 The different types of agreements

Lecture 91 Crude oil price setting mechanism

Lecture 92 Product price setting mechanism

Section 32: COURSE #3 : TRADING ON THE OIL MARKETS

Lecture 93 Barter agreements

Lecture 94 Single cargo sales

Lecture 95 Long term contracts

Section 33: COURSE #3 : THE SPOT MARKETS

Lecture 96 Definition

Lecture 97 Spot markets in the world

Lecture 98 Operators on the spot markets

Lecture 99 The balance between crude oil and product prices

Section 34: COURSE #3 : SPOT CRUDE OIL PRICES

Lecture 100 Spot transactions

Lecture 101 The Brent market

Lecture 102 The Brent crude oil

Lecture 103 Price transparency

Lecture 104 Indexing crude oil prices : The adjustment factor

Lecture 105 Indexing crude oil prices : Reference indices

Lecture 106 Indexing crude oil prices : The price timing

Lecture 107 The limitation of the system

Section 35: COURSE #3 : PETROLEUM PRODUCTS PRICE SETTING MECHANISM

Lecture 108 Example #1 : The Rotterdam products market

Lecture 109 How prices are reported

Section 36: COURSE #3 : THE PHYSICAL FUTURES MARKETS

Lecture 110 The forward market

Lecture 111 The principle of cover

Lecture 112 Speculation

Lecture 113 The players on the forward markets

Lecture 114 Dated Brent and 15 Day Brent

Lecture 115 The limitations of the forward markets

Section 37: COURSE #3 : THE FINANCIAL FUTURES MARKETS

Lecture 116 The historical development of the petroleum exchanges

Lecture 117 Futures contracts

Lecture 118 How the markets work : Generalities

Lecture 119 How the markets work : The clearing house

Lecture 120 How the markets work : The deposit

Lecture 121 How the markets work : The margin call

Lecture 122 The participants

Lecture 123 Pricing structures : Backwardation and Contango

Lecture 124 The limitations of the futures markets

Section 38: COURSE #3 : DERIVATIVE PRODUCTS : SWAPS AND OPTIONS

Lecture 125 The definition of an option

Lecture 126 Example of the use of an option : Call option

Lecture 127 Example of the use of an option : Put option

Lecture 128 The cost of an option

Lecture 129 The definition of a swap

Lecture 130 Example of the use of a swap

Section 39: COURSE #3 : CONCLUSION OF PART 3

Lecture 131 Conclusion of part 3

Section 40: COURSE #4 : ABOUT THE COURSE

Lecture 132 Learning objectives

Section 41: COURSE #4 : THE DIFFERENT METHODS OF TRANSPORT

Lecture 133 Introduction to the different methods of transport

Section 42: COURSE #4 : MARINE TRANSPORT

Lecture 134 The different types of tankers

Lecture 135 The different types of charters

Lecture 136 The cost of marine transport

Lecture 137 The price of marine transport

Lecture 138 Prices and costs of marine transport

Lecture 139 Regulations : National flag requirement

Lecture 140 Flags of convenience

Lecture 141 Operating aspects

Lecture 142 Controls on loading

Lecture 143 Administrative formalities

Lecture 144 The reception of tankers

Section 43: COURSE #4 : TRANSPORT BY PIPELINE

Lecture 145 The constraints

Lecture 146 The cost of transport by pipeline

Section 44: COURSE #4 : COMPARING TRANSPORT COSTS

Lecture 147 Comparing transport costs

Section 45: COURSE #4 : STORAGE AND DELIVERY TO THE REFINERY

Lecture 148 Storage and delivery to the refinery

Section 46: COURSE #4 : DISPATCH OF PETROLEUM PRODUCTS

Lecture 149 Introduction

Lecture 150 Dispatch by pipeline

Lecture 151 Dispatch by water

Lecture 152 Dispatch by rail

Lecture 153 Dispatch by road

Section 47: COURSE #4 : CONTROLS AT DISPATCH

Lecture 154 Quality

Lecture 155 Quantities

Lecture 156 Administrative accounting methods

Lecture 157 Customs formalities

Section 48: COURSE #5 : PETROLEUM REFINING

Lecture 158 Course learning objectives

Lecture 159 Refining activity overview

Section 49: COURSE #5 : PETROLEUM COMPOSITION

Lecture 160 Crude oil : Composition and characteristics

Section 50: COURSE #5 : DISTILLATION AND FRACTIONATION

Lecture 161 Atmospheric distillation

Lecture 162 Vacuum distillation

Lecture 163 Light cut fractionation

Section 51: COURSE #5 : CONVERSION

Lecture 164 Isomerization

Lecture 165 Alkylation

Lecture 166 Catalytic reforming

Section 52: COURSE #5 : HYDROFINING

Lecture 167 Hydrotreating

Lecture 168 Sulfur plant

Section 53: COURSE #5 : CRACKING

Lecture 169 Fluid catalytic cracking - FCC

Lecture 170 Hydrocracking

Lecture 171 Delayed coking

Section 54: COURSE #5 : BLENDING

Lecture 172 Blending of finished petroleum products

Section 55: COURSE #5 : MAKING ASPHALTS

Lecture 173 Asphalts

Section 56: COURSE #5 : A TYPICAL REFINERY SCHEME

Lecture 174 A typical refinery scheme

Section 57: COURSE #5 : DOWNLOADABLE RESOURCES

Lecture 175 Course #5 : Downloadable resources

Lecture 176 The chemical engineer's reference folder

Section 58: COURSE #6 : ABOUT THE COURSE

Lecture 177 Introduction

Lecture 178 What you will learn

Section 59: COURSE #6 : PETROCHEMICAL ACTIVITIES OVERVIEW

Lecture 179 Petrochemical plants : location, possible feedstocks and main products

Section 60: COURSE #6 : WHAT YOU NEED TO KNOW ABOUT ORGANIC CHEMISTRY

Lecture 180 PONA : Paraffins, Olefins, Naphthenes and Aromatics

Section 61: COURSE #6 : ABOUT STEAM CRACKER PLANTS

Lecture 181 A little history

Lecture 182 Cracking conditions

Lecture 183 Feedstocks and yields

Lecture 184 Investment and economics

Section 62: COURSE #6 : THE STEAM CRACKING PROCESS

Lecture 185 Introduction

Lecture 186 The hot zone

Lecture 187 The compression zone

Lecture 188 The cold zone

Section 63: COURSE #6 : SELECTIVE HYDROGENATION

Lecture 189 Characteristics of hydrogenation

Lecture 190 Hydrogenation of steam-cracked C2 cut

Lecture 191 Hydrogenation of steam-cracked C3 cut

Lecture 192 Hydrogenation of steam-cracked C4 cut

Lecture 193 Hydrostabilization of steam-cracked gasoline

Section 64: COURSE #6 : A TYPICAL STEAM CRACKER PROCESS

Lecture 194 Process summary, production key figures and downstream units

Lecture 195 BONUS : COUPON CODES

Students in chemical engineering, refining, petrochemicals, economics, logistics…,Professionals with an interest in increasing their understanding of the oil & gas industry,Newly-hired refinery or petrochemical plant personnel and current semi-technical personnel who require further training,Engineers (chemical, petrochemical, petroleum, process…),Oil & Gas operators and technicians,Support personnel of an oil company including maintenance, logistics, supply chain, sales, marketing, quality…,Energy industry journalists and reporters,Business men and financiers,Traders,Brokers