(PDF) THE GLOBAL OIL AND GAS INDUSTRY | Erlet Shaqe - ninciclopedia.orgRussian brawl: Russian oligarch Vladimir Yevtushenkov falls from grace, again. Data drilling: Oil struggles to enter the digital age. The oil boyar: Igor Sechin, head of Rosneft, is powerful as never before. Russian oil king, former aide to Vladimir Putin, and friend of Rex Tillerson. An Ivan for an Igor: Glencore stuns the oil-trading business with a deal to take a big stake in Rosneft. On the oil wagon: A tricky time for oil producers.
Oil & Gas industry
Introduction to Oil Company Financial Analysis. Despite its size and importance, a surprising lack of basic knowledge exists about the oil and gas industry. 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. There has always been a bit of magic in the stock market, especially when it comes to oil companies.
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Operating Expenses, Cash Flow, Finding and Development Costs, Return on Capital Employed are but a few of the hundreds of measurements and metrics used to analyze performance in the oil and gas industry. - Goodreads helps you keep track of books you want to read. Want to Read saving….
Aberdeen Business School. The course will develop your practical problem-solving, analytical financial modelling and essential transferrable skills in the financial risks and rewards of oil and gas investments within relevant accounting, regulatory and policy guidelines. It offers a mastery of the accounting for and financial management of the unique arrangements and transactions encountered in the oil and gas industry. The first stage of the course will provide you with a broad context for understanding corporate accounting and finance considerations, including quantitative techniques and foundational elements of finance and an appreciation of the economics of the oil and gas industry. You will be able to provide sound rationale and clearly communicate to relevant stakeholders the basis for accounting reporting and disclosure, operational considerations and theoretical formulations and applications of finance concepts.
We will also touch on diversified , or integrated major , companies, such as Exxon Mobil since you can learn a lot about other segments by analyzing them. You might assume a modest increase over that number, especially if the company is spending a lot on finding new resources. And then you deduct this production from their reserves… and hopefully replace it with sufficient CapEx spending, linking the dollar amount of that spending to a specific amount of reserves. Expenses are more involved because you have both production-linked expenses — which you estimate on a dollar per barrel of oil or per cubic foot of gas basis — and then non-production-linked expenses , such as stock-based compensation and smaller, miscellaneous items. Here are the typical items:. The main differences lie in the magnitude and frequency of some of the items:.