Worldwide Petroleum and Natural Gas Economics
Worldwide Energy Supply; Demand; Reserves; Pricing; Corporate Strategy; Recent History and Prediction of Future Trends.

Markets for Associated Natural Gas
The Natural Gas Chain: Industry Structure and Regional Markets, Interfuel Competition; Gas Distribution; Regulation and Deregulation; Economics and Markets for Gas Including Combined-Cycle Power Plants, LNG, Ammonia and Methanol.

Crude Oil Tanker Transportation
The Tanker Industry: An Overview of the Main Characteristics; Capital and Operating Costs; Pollution at Sea and the New Regulations; Calculating Tanker Transportation Rates; World Scale and Charter Arrangements.

Refining and Petrochemicals
Refinery Capacity Evolution; Technology Changes in Refining Units; Refining Capital and Operating Costs; Profitability of Refining; Net-Back Estimation; Some Recent Trends. Petrochemicals in Perspective; Links to Refining; Key Product Families; Industry Drivers: Cost of Production, Supply /Demand; Profitability and Price Forecasting; Prospects for the Future: Maturity, Environmental Concerns, Global Competition.

Marketing of Crude Oil and Products
Development of the Free Market for Oil; Current International Market Structure; Regional Markets: Physicals, Futures, Forwards, Derivatives, Options; Roles of Participants, Price Formation, Price Volatility; Price Reporting, Crude Oil and Product Pricing; Negotiating and Pricing Petroleum Sales Contracts; Introduction to Hedging and Price Risk Management.

Distribution and Retail Marketing of Petroleum Products
Distribution and Retail Marketing of Petroleum Products.