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Assignment Questions

Understanding Oil and Gas

please read and follow all the information that is listed below correctly.

Learning outcomes assessed:
1. Identify the different petroleum products, their markets and any seasonality of demand.

2. Differentiate between the characteristics of National Oil Companies, International Oil Companies and Government-Sponsored Enterprises.

3. Explain the structure of the Oil & Gas industry.

4. Explain the fundamental differences in the supply chain for petroleum
products from that for natural gas and an appreciation of fossil fuel’s share of
the global energy market, the historical trends and the broad outlook for the
future.

Assignment Question
Write a 1500 word report on the following topic:
Describe the journey of one petroleum product and one natural gas product of
your choice and compare and contrast the differences in their journeys from the
start to finish through the supply chain:
The supply chains of the Oil and Gas (with use of diagram)
• Upstream
• Midstream
• Downstream
Describe the following:
• The history and the structure of the Oil & Gas industry
• The origin and formation of Oil & Gas
Explain the different roles of the followings:
• International Oil Companies
• National Oil Companies
• Government Sponsored Enterprises
Discuss the demand and seasonality of the chosen product
• Discuss how the chosen products are demanded in the markets

Introduction (about 10% of word count)
Include some brief background information on the oil and gas industry and the products you will discuss.
Explain the steps you will take to address the question.

Main Body (about 80% of word count)
Include separate sections for the different tasks listed above and use subheadings as appropriate.

Conclusion (about 10% of word count)
Do not introduce any NEW material here. Summarise your findings, including
any key similarities and differences. Comment briefly on possible future developments in relation to the industry or products discussed.

Reference List
An alphabetically ordered list of the references cited in your report, in Harvard
style.

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