New Online Training Course - European Natural Gas Trading

This course provides an overview of the European natural gas trading market, covering the markets and exchanges, traded instruments, impact of liberalization and price drivers.

You’ll learn about different motivations for trading, the trading market participants and key trading terminology. We’ll review the fundamentals of the market, including the factors driving natural gas prices. You’ll understand how liberalization has changed the structure of the natural gas market in Europe.  We’ll also cover different types of natural gas trading instruments, and the major OTC and exchange trading forums.  Finally, this course will provide an overview of the key trends in trading regulations and development of well-functioning trading markets.

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

  • Identify who trades natural gas and why
  • Point out the fundamentals of the European natural gas market and the key drivers of natural gas prices
  • Recognize how liberalization has changed the natural gas industry in Europe
  • Identify the various types of natural gas instruments traded, and how natural gas is priced
  • Select the differences between OTC and exchange-based trading.
  • Review the key trends in trading regulations, and progress towards the formation of a well-functioning trading market

Click here to learn more and begin the course now!

New Online Training Course - Overview of Global Fracking

Overview of Global Fracking is an online training course which will introduce you to the well completion technique known as fracking. It will examine the practice of hydraulic fracturing which has revolutionized oil and gas production over the past decade and led to truly unexpected hydrocarbon production growth in North America while also affecting global market fundamentals and pricing.

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

  • Recognise how fracking technology developed
  • Quantify fracking’s impact on hydrocarbon production
  • Point out the best applications for different fracking technologies
  • Identify the inputs used to frack a well
  • Recognise how companies modify their operations to compensate for low oil and gas prices
  • Select the ways fracking technologies have been modified to increase production
  • Identify which regulatory agency is responsible for fracking oversight
  • Point out where fracking is being done in the US and where it is prohibited
  • Identify where fracking is taking place globally

Click here to learn more and begin the course now!

Free for a Limited-Time: Lifting of the US Crude Export Ban and its Potential Impacts

FPSO Oil TankerLifting of the US Crude Export Ban in an online training course that provides a briefing on the lifting of restrictions on the export of crude oil from the United States, which occurred in December 2015. It discusses the reasons why the ban was originally imposed, and why it was finally ended. And it assesses the prospect for US crude oil exports that the lifting of the ban allows, and its potential impacts on US and global crude trade.

You will have an understanding of:

  • What restrictions the US placed on crude oil exports, and why
  • The changing conditions that led to the end of the ban
  • The opportunities that the lifting of the ban open up
  • The immediate market response to the lifting of the ban
  • The prospects for US crude oil exports in the short and long term

For a limited-time, this 30 minute online overview course, valued at $74.99 will be free.

Click here to begin training now!

February 2016 - eNewsletters

The latest February 2016 editions of The Energy Education Pipeline eNewsletter are now available.

"I always smirk when there is a trending post on social media that a famous CEO is going to give 100 people $10,000 and all I have to do is like and share the post!  Then I see millions of people, including most of my family, took part and I sigh.  Not that I need to tell you but not everything we read on the internet is true. This is just a microcosm of how questionable information can be consumed by the masses online.

The internet is undoubtedly a double-edged sword as it is full of tremendous information but there is an equal amount of questionable content.  It can be a challenge to identify quality content but the best way is to...."

To view your local eNewsletter please choose one of the links below:

February 2016 -North American Edition

February 2016  - International Edition

February 2016  - Asia Pacific Edition

If you do not get our eNewsletters sent directly to your inbox, you can sign-up here.

Piecing Together the Petrochemicals Market Puzzle

agreementIs this the end of the fully integrated and diversified chemical majors in the United States and, in fact, globally?

Dow Chemical and DuPont have merged to a $125-billion conglomerate. The Dow-DuPont merger is expected to be followed by a three-way split.  It will probably be broken down to agchem, basic chemicals and polymers, and advanced materials.

Such a split would mark closure for the broadly diversified chemical business model in the United States and leave BASF as the only notable exception elsewhere. The deal caps the shift, accelerated in the last few years by the interference of activist investors, toward simpler and more focused portfolios. The reshuffle of Dow’s and DuPont’s non-agchem operations would nearly complete the split between basic petrochemicals and feedstocks. A recent IHS update Overview of the Specialty Chemicals Industry identified 30 or so market segments ranging from more than $40 billion/year in revenue (specialty polymers, construction chemicals, cleaning ingredients, and electronic chemicals) all the way down to thermal printing chemicals, valued at $670 million. Basic chemicals will likely be dominated by integrated oil companies, state-owned enterprises, emerging players in Asia, and a few remaining regional players in the United States and Europe. The last group would include a Dow-DuPont combination, LyondellBasell Industries, INEOS, and Westlake.

The rest of the industry is following targeted and more specialized niches spread across those 30 segments. Upstream integration is not essential, and maybe even scale is a hindrance. Focus and ambition have shrunk as R&D emphasis narrows on developing applications and extending product lines rather than invention and developing new products.

Perhaps this is the natural order of things in an industry that has seen giants such as Hoechst, Union Carbide, ICI, and others disappear over the past 20 years.  But this is the end of the diversified chemical company era in the West.  However, in the East, state-owned enterprises and large nationals surely won’t limit themselves to basic chemicals over the long haul.

Gain further insight into concepts and the evolution of the industry by joining us on our Understanding the International Petrochemicals Business - Technology, Markets and Economics course upcoming in Oxford this April.  Learn more about this exciting offering below!

Alan Fisher & Rob Parry  l  Course Directors

Understanding the International Petrochemicals Business - Technology, Markets and Economics
25-27 April in Oxford, UK
The organic chemical industry centres on the relationships between raw materials, intermediates, end products and applications. Basic to these relationships are chemical reactions, and fundamental to the total business is economics. To be able to work successfully within this complex industry requires a combination of practical experience with an understanding of chemistry, markets and economics. The course offers an organised overview of the industry that is essential for the successful operations within it. There are no pre-requisites for this course, nor is any advanced preparation required. Register Now!

UK: (+44) 1865 250521   |   Singapore: (+65) 6837 8030   |   USA: (+1) 713 343 1699

 

Email us at info@oxfordprinceton.com

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