Geopolitics of Energy

Geopolitics of Energy
Single User Price: $1,895.00
Dates: 

Summary

In 2008 the world experienced the highest prices ever for oil followed by the largest collapse in oil prices in history. The world is now in one of the deepest and longest economic downturn going back to the 1930’s. With global energy demand in a clear downward pattern all eyes are focused on the economy. The economic relationships that drive oil and energy prices has changed, however one thing that has not changed is the ongoing threat of disruptions in supply resulting from the many potential Geopolitical hotspots around the world.

The economy will eventually recover, demand for oil will once again increase and supply and demand will once again become out of balance. Prices will surge and the world will undergo yet another oil crisis. As has been the case with almost all oil shocks over the last 50 years geopolitical events have been at the heart and core of the problem. Now is the time to thoroughly understand the risks of all of the ongoing geopolitical hotspots as well as the new ones looming and percolating. Integrating Geopolitical risk into your hedging, trading and analytical operations is not only important but crucial for an company with energy exposure.

What You Will Learn

This 2- day intensive and information packed program will give you an excellent overview of the current state of the world’s energy situation in the both the current economy and what is likely to be the so called “new economy”. What are the problems, exposures and pitfalls from both the producing and consuming sides? What is happening right now and what is on the horizon?

  • What are the major geopolitical themes influencing oil? Questions on these lines have increased importance since 9/11 and the invasion of Iraq.
  • How recent turmoil in the Middle East threatens supply and price.
  • Could oil become a political weapon if the major producers suffered a regime change?
  • How are OPEC decisions arrived at?
  • What role does OPEC play in the world oil markets?
  • What are the geopolitical factors influencing Russian and other non-OPEC producers and exporters?
  • How stable are the new producers of the Caspian?
  • What are the geopolitical factors influencing policies in consumer nations?
  • How secure are energy supplies in the face of a terrorist attack?
  • What are the factors creating and impacting volatility of energy prices?
  • What are the oil policies of both producing and consuming states?
  • How do China and the rest of Asia impact the US and Europe?
  • When will alternative and renewable fuels play a role and at what price of oil?

Who Should Attend

The course is applicable to all levels of the energy infrastructure, oil, natural gas, electricity and coal as well as Wall Street, trading operations, hedging operations, hedge funds, the media and academia. Individuals in every functional area of responsibility in all energy industries whose decisions have significant financial impact will benefit from this program. Managers from areas such as marketing, sales, manufacturing, engineering, supply and distribution, trading risk management, purchasing & financial & accounting will find the course highly beneficial. Executive managers...CEO, COO, President, CFO, Treasurer, CTO, CRO of energy companies and/or energy consuming companies.

Class Details

Industry Segment
Oil
Natural Gas
Power
Course Level
Intermediate to Advanced
CPE Credits
14
Competency Path
Natural Gas
Oil
Power
Trading & Risk Management
Course Type
Public
On-Site
Course Times
Day 1: 8:00am–4:00pm
Day 2: 8:00am–4:00pm