The Global Oil Gas Industry

Author: Andrew C. Inkpen
Publisher: PennWell Books
ISBN: 9781593702397
Release Date: 2011
Genre: Business & Economics

Despite its size and importance, a surprising lack of basic knowledge exists about the oil and gas industry. With their timely new book, authors Andrew Inkpen and Michael H. Moffett have written a nontechnical book to help readers with technical backgrounds better understand the business of oil and gas. They describe and analyze the global oil and gas industry, focusing on its strategic, financial, and business aspects and addressing a wide range of topics organized around the oil and gas industry value chain, starting with exploration and ending with products sold to consumers. The Global Oil & Gas Industry is a single source for anyone interested in how the business of the worldís largest industry actually works: business executives, students, government officials and regulators, professionals working in the industry, and the general public.

The Global Oil Gas Industry

Author: Andrew C. Inkpen
Publisher: PennWell Corporation
ISBN: 9781593703813
Release Date: 2017-06-14
Genre: Technology & Engineering

The Global Oil & Gas Industry: Stories from the Field relates specific examples of challenges in decision making, changing business practices, and the difficulties in executing complex projects across the global industry. From contentious border disputes over mineral rights to the emergence of industry disrupters shaking the status quo, each story presents contemporary issues to distill lessons that are transferable to management challenges both inside and outside of the global oil and gas industry. Bestselling PennWell authors Andrew Inkpen and Michael Moffett join with industry expert Kannan Ramaswamy to provide a narrative of 18 stories, each highlighting a different aspect of the industry. This collection provides an enriching, thought-provoking look into a business that many believe to be globally mature, but as these stories intimate, are increasingly local, emerging, and evolving with the global economy. Features and Benefits: Examples of the complex business situations in oil and gas and how excellent (and sometimes less-than-excellent) leaders navigate these difficult circumstances. Insights into the decision making of oil and gas companies from around the world Different themes that span the entire industry value chain: upstream, midstream, and downstream Timeless truths for the hydrocarbon sector and for many other businesses

Introduction to Oil Company Financial Analysis

Author: David C. Johnston
Publisher: PennWell Books
ISBN: 159370044X
Release Date: 2006
Genre: Business & Economics

This title is written by David Johnston and Daniel Johnston. There has always been a bit of magic in the stock market, especially when it comes to oil companies. When the oil industry and the stock market get together, the affair is usually dynamic and not always pleasant. Basic principles are widely understood in the financial industry, but the terminology and analytical techniques can vary greatly. This book is written for the nonfinancial shareholders, managers, and oil company employees interested in the forces that influence stock values. The bottom line in any company is expressed in the language of finance. This book explains financial concepts in a nontechnical, practical way so that nonfinancial professionals and others may understand and appreciate this aspect of the business. The value information found in this book includes: abbreviations and expanded definitions of key terms; energy conversion factors; reporting systems & statements; and stock tables explained.

Optimal Supply Chain Management in Oil Gas and Power Generation

Author: David Jacoby
Publisher: PennWell Corporation
ISBN: 9781593702922
Release Date: 2012
Genre: Business & Economics

David Jacoby's highly regarded book addresses the specific supply chain management characteristics and needs of oil, gas, and power companies, and contains a wealth of industry-specific examples. Jacoby provides a toolbox for large-scale capital expenditure decision making and for transforming capital and operation expenditures to exert a visible financial impact in oil, gas, and power companies. The supply chain risk management decision analysis tools offered by Jacoby will help operators increase economic value added while enhancing safety and stewardship of the environment. This book is an invaluable reference resource for chief operating officers; chief financial officers; engineers; vice presidents of supply chain, operations, or production; and directors and managers of procurement, purchasing, operations, or materials management.

Political and Investment Risk in the International Oil and Gas Industry

Author: Steven A. Mucci
Publisher: Lexington Books
ISBN: 9781498546133
Release Date: 2017-10-11
Genre: Political Science

This book examines the financial, legal and institutional strategies available to the international oil and gas industry to manage political and investment risk. The financial techniques for mitigating and allocating risk include corporate finance, joint ventures, and project finance. The legal techniques include production sharing agreements, profit sharing agreements, service contracts, bilateral investment treaties, and multilateral investment treaties. The institutional techniques include domestic courts, national constitutions, international arbitral tribunals, governmental and non-governmental regulatory agencies, alliances and energy diplomacy. This book traces the historical development of these techniques and their application in practice. The effectiveness with which companies manage political and investment risk is important for the financial sustainability of individual firms and the industry as whole. The real and perceived level of risk affects the level of exploration expenditures and therefore the balance between supply and demand, and the price of oil and natural gas. The search for a secure supply of oil and gas affects the political, military, and economic relations between countries. Consequently, every developed and developing country has placed energy policy at or near the top of its national priorities.

The Oil Gas Industry

Author: Joseph Hilyard
Publisher: PennWell Books
ISBN: 9781593702540
Release Date: 2012
Genre: Business & Economics

Joseph Hilyard's timely new book provides a broad perspective on the oil and gas industry, with primary attention to the United States. It takes the reader on a tour of the operations used to find and evaluate resources, and then to produce, store and deliver oil and gas. The book's main focus is primarily on the equipment and processes used in exploring new resources; evaluating promising formations; drilling wells; managing oil and gas production; converting oil and gas into products; and transporting oil and gas. Separate chapters address the evolution and current structure of the petroleum industry; oil and gas trading; and challenges likely to face the oil and gas industry in coming years. Three appendices define key industry terminology; suggest further reading on selected topics; and identify organizations that can provide more information.

International Oil Company Financial Management in Nontechnical Language

Author: James W. Bush
Publisher: PennWell Books
ISBN: 0878145974
Release Date: 1998
Genre: Business & Economics

A practical guide to all facets of modern financial management and strategic planning. Contents: Oil industry financial accounting Integrated management system Competitive comparison Cost management Capital budgeting and investment theory Cash flows in the oil industry Capital structure Financial reporting and investor/stockholder relations Econometrics.

Upstream Petroleum Fiscal and Valuation Modeling in Excel

Author: Kasriel
Publisher: John Wiley & Sons
ISBN: 9781118537695
Release Date: 2013-06-06
Genre: Business & Economics

Please contact the authors at [email protected] for details of how to access the trial version of Crystal Ball, as well as the Excel and other files which are *not* part of the e-book version download. "This is a book no deal team should be without. It is a must for those involved in upstream oil and gas transactions, planning, budgeting, investment appraisal and portfolio management. Its step–by–step approach cuts through complexity, making it comprehensive and understandable by a wide range of users with a wide range of abilities. It can be used as a textbook, an introductory primer or as a handbook that you can dip in and out of or read cover to cover." —Michael Lynch–Bell, Senior Advisor, Oil & Gas, Ernst & Young LLP; ex-officio Chairman, UN Expert Group on Resource Classification In the upstream petroleum industry, it is the value of post–tax cashflows which matters most to companies, governments, investors, lenders, analysts, and advisors. Calculating these cashflows and understanding their “behavior,” however, is challenging, as the industry’s specialized fiscal systems can be complex, jargon–laden, and sometimes seem to be a “world of their own”. Upstream Petroleum Fiscal and Valuation Modeling in Excel: A Worked Examples Approach demystifies fiscal analysis which, unlike disciplines such as Earth sciences and engineering, can be learned from a book. Written in plain English for laymen and for experienced practitioners alike, it is a reader–friendly, clear, practical, step–by–step hands–on guide for both reference and self–paced study. The book does not catalogue the 100+ different petroleum fiscal regimes in use at the time of writing. Rather, drawing on the authors’ combined 48 years’ experience, it takes a more timeless, generic treatment, by covering the most common variants of royalties, taxation, production sharing arrangements, bonuses and abandonment funding , through a dual approach: first, showing how to model them in Excel , and then providing interactive exercises to prompt (and answer) questions that analyze impacts on cashflows. In addition to the main text, the book consists of over 120 Excel files (ranging from modular examples to full models) in Excel 2007 and 2003 formats; over 400 pages of supplementary PDF files; VBA features to enhance model functionality; and an introduction to risk modeling with exercises for the included trial version of Oracle’s Crystal Ball software. It offers both a wealth of content and models equal to or surpassing what is available from fiscal modeling courses costing several times more; and greater insights into underlying calculations than commercially available “black box” fiscal software. New US Securities and Exchange Commission (SEC) rules planned for 2013 will force petroleum companies to disclose more fiscal information on an individual country basis. This will make it more important than ever for analysts to understand how to model oil and gas terms and the potential impacts of the disclosed government payments on future oil and gas company profitability. Due to the heavy use of graphics and cross references used in this particular text, some readers might find that the printed book offers a more optimal reading experience than certain e-formats particularly with the Kindle eMobi format.

Managing Human Resources in the Oil Gas Industry

Author: Steve Werner
Publisher: PennWell Books
ISBN: 9781593703622
Release Date: 2016-02-01
Genre: Business & Economics

Many factors set oil and gas apart from other industries and make unique demands on its human resource management, including its global nature, the importance of safety, the involvement of governments, proactive stakeholders, a multifaceted workforce, and project focus. Managing Human Resources in the Oil & Gas Industry provides an in-depth look at human resource management for all aspects of the oil and gas sector. The authors provide a full picture of human resource management and its role in staffing, training, performance management, compensation, and labor. This book is relevant to all human resource management department employees and all managers in the oil and gas industry and is suitable for workshops, seminars, and courses in human resource management in the oil and gas industry. This book will help: Show how the oil and gas industry differs substantially from other industries and discusses the implications of these differences for managing human resourcesGuide managers in the oil and gas sector on how to better manage their employeesDescribe numerous ways to foster a safety cultureShow how effective management of human resources can improve project successExplain ways to deal effectively with the complexities of globalizationProvide a detailed analysis of addressing the concerns of various stakeholders through good management of human resourcesExplain how human resources will recruit and train the next wave of industry workers and leaders during the “Great Crew Change”

Introduction to the Global Oil Gas Business

Author: Samuel Van Vactor
Publisher: PennWell Books
ISBN: 9781593702144
Release Date: 2010
Genre: Business & Economics

To the casual observer, the oil business seems constant and unchanging. Most gasoline stations have done away with attendant services, and credit cards are accepted directly at the pump, but drive-in access and brand names remain largely as they have been for generations. The faade, however, is just that; it is like the false front of a Western town put in place to make everything seem bigger and grander than it really is. The familiarity of the oil industry's retail outlets masks extraordinary changes in how the industry engages in its four primary sectors of activity: finding and producing crude oil, transportation, refining, and marketing.

International Exploration Economics Risk and Contract Analysis

Author: Daniel Johnston
Publisher: PennWell Books
ISBN: 0878148876
Release Date: 2003
Genre: Business & Economics

Annotation Deals with international exploration economics and petroleum fiscal system analysis and design and contains the most up-to-date information and discussions in the industry on the subject.

Energy Finance and Economics

Author: Betty Simkins
Publisher: John Wiley & Sons
ISBN: 9781118235980
Release Date: 2013-02-20
Genre: Business & Economics

Thought leaders and experts offer the most current information and insights into energy finance Energy Finance and Economics offers the most up-to-date information and compelling insights into the finance and economics of energy. With contributions from today's thought leaders who are experts in various areas of energy finance and economics, the book provides an overview of the energy industry and addresses issues concerning energy finance and economics. The book focuses on a range of topics including corporate finance relevant to the oil and gas industry as well as addressing issues of unconventional, renewable, and alternative energy. A timely compendium of information and insights centering on topics related to energy finance Written by Betty and Russell Simkins, two experts on the topic of the economics of energy Covers special issues related to energy finance such as hybrid cars, energy hedging, and other timely topics In one handy resource, the editors have collected the best-thinking on energy finance.

Fundamentals of Investing in Oil and Gas

Author: Chris Termeer
Publisher: Chris Termeer
ISBN: 9780989043410
Release Date: 2013-05-02
Genre: Juvenile Nonfiction

The intent of this book is to educate the reader about the vast complexities of the oil and gas industry and to motivate involvement in domestic oil and gas development, production and refinement. Explains the industry in non-technical language for an average person.

Project Finance for the International Petroleum Industry

Author: Robert Clews
Publisher: Academic Press
ISBN: 9780128005293
Release Date: 2016-04-07
Genre: Business & Economics

This overview of project finance for the oil and gas industry covers financial markets, sources and providers of finance, financial structures, and capital raising processes. About US$300 billion of project finance debt is raised annually across several capital intensive sectors—including oil and gas, energy, infrastructure, and mining—and the oil and gas industry represents around 30% of the global project finance market. With over 25 year’s project finance experience in international banking and industry, author Robert Clews explores project finance techniques and their effectiveness in the petroleum industry. He highlights the petroleum industry players, risks, economics, and commercial/legal arrangements. With petroleum industry projects representing amongst the largest industrial activities in the world, this book ties together concepts and tools through real examples and aims to ensure that project finance will continue to play a central role in bringing together investors and lenders to finance these ventures. Combines the theory and practice of raising long-term funding for capital intensive projects with insights about the appeal of project finance to the international oil and gas industry Includes case studies and examples covering projects in the Arctic, East Africa, Latin America, North America, and Australia Emphasizes the full downstream value chain of the industry instead of limiting itself to upstream and pipeline project financing Highlights petroleum industry players, risks, economics, and commercial and legal arrangements