mgmt6033 international oil and gas markets trimester 2,...

Unit study package code: MGMT6033 Mode of study: Internal

Tuition pattern summary: Note: For any specific variations to this tuition pattern and for precise information refer to the Learning Activities section.

Seminar: 1 x 3 Hours Weekly

This unit does not have a fieldwork component.

Credit Value: 25.0

Pre-requisite units: 310170 (v.2) Economics for Managers 551 OR ECON5014 (v.0) Economics for Managers or any previous version

Co-requisite units: Nil

Anti-requisite units: Nil

Result type: Grade/Mark

Approved incidental fees: Information about approved incidental fees can be obtained from our website. Visit fees.curtin.edu.au/incidental_fees.cfm for details.

Unit coordinator: Title: DrName: Tom HoughtonPhone: (0)8 9266 3236Email: [email protected]: Building: P01 - Room: 308Consultation times: To Be Advised

Teaching Staff: Name: John KarasinskiPhone: 08 9266 1205Email: [email protected]: Building: P01 - Room: N/A

Administrative contact: Name: Margot JavilloPhone: +618 9266 1205Email: [email protected]: Building: P01 - Room: 116A

Learning Management System: Blackboard (lms.curtin.edu.au)

Unit Outline

MGMT6033 International Oil and Gas Markets Trimester 2, 2016

Curtin Business School (CBS) Curtin Graduate School of Business

MGMT6033 International Oil and Gas Markets Perth City Campus 21 Apr 2016 Curtin Graduate School of Business, Curtin Business School (CBS)

Page: 1 of 13CRICOS Provider Code 00301J

The only authoritative version of this Unit Outline is to be found online in OASIS

http://fees.curtin.edu.au/incidental_fees.cfmhttp://lms.curtin.edu.au/

Acknowledgement of Country We respectfully acknowledge the Indigenous Elders, custodians, their descendants and kin of this land past and present.

Syllabus This unit is designed to provide students with a wide ranging introduction to many of the key business related issues and aspects in the global oil and gas industry. The unit discusses a range of important business related topics impacting the upstream, midstream and downstream sectors of the international oil and natural gas industry.

Introduction The materials for this course will be provided to students on a weekly basis. The pedagogical reasons for the staggered release of course materials is to provide students a deliberate focus in their weekly study of the wide range of materials covered in the Lecture Notes and the Case Study Readings in a planned, logical and orderly manner. It also gives students a necessary point of reference when preparing written submissions for assessment. If you prefer a different method of study you are advised to enroll in an alternate subject.

Unit Learning Outcomes All graduates of Curtin University achieve a set of nine graduate attributes during their course of study. These tell an employer that, through your studies, you have acquired discipline knowledge and a range of other skills and attributes which employers say would be useful in a professional setting. Each unit in your course addresses the graduate attributes through a clearly identified set of learning outcomes. They form a vital part in the process referred to as assurance of learning. The learning outcomes tell you what you are expected to know, understand or be able to do in order to be successful in this unit. Each assessment for this unit is carefully designed to test your achievement of one or more of the unit learning outcomes. On successfully completing all of the assessments you will have achieved all of these learning outcomes.

Your course has been designed so that on graduating we can say you will have achieved all of Curtin's Graduate Attributes through the assurance of learning process in each unit.

Curtin's Graduate Attributes

On successful completion of this unit students can: Graduate Attributes addressed1 Comprehend the basic principles, frameworks and models relevant to the

international oil and gas industry 2 Apply these principles to assist in solving practical oil and gas industry business

problems 3 Explain the international scope and scale of operation within the oil and gas industry

4 Evaluate and synthesize the relevant information and communicate that knowledge

using appropriate technology

Apply discipline knowledge Thinking skills (use analytical skills to solve problems)

Information skills (confidence to investigate new ideas)

Communication skills Technology skillsLearning how to learn (apply principles learnt to new situations) (confidence to tackle unfamiliar problems)

International perspective (value the perspectives of others)

Cultural understanding (value the perspectives of others)

Professional Skills (work independently and as a team) (plan own work)

Find out more about Curtin's Graduate attributes at the Office of Teaching & Learning website: ctl.curtin.edu.au





http://ctl.curtin.edu.au/

Learning Activities This unit is delivered weekly face to face for Trimester 2, 2016 on Monday from 5.30pm - 8.30pm, with the exception of week 5 when the class will be moved to Thursday 9 June owing to a public holiday on Monday.

Learning Resources Recommended texts

You do not have to purchase the following textbooks but you may like to refer to them.

l While there is no set text for this unit you are required to access your own free copy of:

BP Statistical Review of World Energy 2015. You can download your copy from: http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html

OPEC Annual Statistical Bulletin 2015 http://www.opec.org/opec_web/en/publications/202.htm

IBIS World Industry Report, Global Oil and Gas Exploration and Production December 2015 http://clients1.ibisworld.com.au.dbgw.lis.curtin.edu.au/reports/gl/industry/default.aspx?entid=190

Other resources

Each weekly module in the course is extensively referenced. Those references are posted both on Blackboard as well as at the end of all the Lecture Notes in this course.

Students wishing to extend their knowledge further may wish to consider reading:

Atrill, Peter, Eddie McLaney, David Harvey, and Maurice Jenner. 2009. Accounting: An Introduction. 4th ed. Australia: Pearson Education.

Banks, Ferdinand. 2000. Energy Economics: A modern Introduction. Kluwer Academic

Dahl, Carol. A. 2004. International Energy Markets: Understanding Pricing, Policies, and Profits. Tulsa, Oklahoma: Penwell Corporation.

Fusaro, Peter.C., and Ross M.Miller. 2002. What went wrong at ENRON: Everyone’s guide to the largest bankruptcy in U.S. history. Hoboken, New Jersey: John Wiley and Sons Inc.

Griffin, James, M., and Henry, B Steele. 1986. Energy Economics and Policy.2nd ed. Orlando: Academic Press.

Hopkins, Andrew. 2010. Lessons from Longford. Sydney: CCH Australia Limited.

Johnston, Daniel. 1994. International Petroleum Fiscal System and Producing Sharing Contracts, Tulsa Oklahoma: Pennell Publishing Company.

Johnston, Daniel. 2003. International Exploration Economics, Risk and Contract Analysis. Tulsa Oklahoma: Pennell Publishing Company.

McGinty, Stephen. 2008. Fire in the Night: The Piper Alpha Disaster. London: Macmillan Books. McTaggart, Doug, Christopher Findlay, and Michael Parkin. 2010. Economics. 6th ed. French’s Forrest, Australia: Pearson Australia.

Maass, Peter. 2009. Crude World: The Violent Twilight of Oil. London: Penguin Books U.K.

Ross, Stephen, Mark Christensen, Michael Drew, Spencer Thompson, Randolph Westerfield, and Bradford Jordan. 2011. Fundamentals of Corporate Finance. 5th ed. North Ryde, NSW: McGraw-Hill Australia

Meisner, Thomas O., and William L. Leffler. 2006. Oil and Gas Pipelines in Nontechnical Language. Tulsa Oklahoma: Pennell Publishing Company.

William S. Peirce. 1996. Economics of Energy Industries. 2nd ed. Westport: Praeger Publishers. Stopford, Martin. 2008. Maritime Economics. 3rd Edition London: Routledge. (Available from Amazon as a Kindle book)

Tertzakian, Peter. 2010. The End of Energy Obesity. New Jersey: John Wiley and Sons Inc. Yergin, Daniel. 1990. The Prize: The Epic Quest for Oil, Money and Power. New York: The Free Press. (NB: the US public broadcaster’s complete video version can be found at youtube.com http://www.youtube.com/watch?v=KqZbzoPJDVk )





http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.htmlhttp://www.opec.org/opec_web/en/publications/202.htmhttp://clients1.ibisworld.com.au.dbgw.lis.curtin.edu.au/reports/gl/industry/default.aspx?entid=190http://www.youtube.com/watch?v=KqZbzoPJDVk

Yergin, Daniel. 2011. The Prize: The Epic Quest for Oil, Money and Power. New York: The Free Press. (eBook version available)

US Energy Information Administration (EIA) http://www.eia.gov/

Gelpke, Basil (Director), and Raymond McCormack (Director). 2006. A Crude Awakening: The Oil Crash. DVD. Switzerland: Lava Productions.

Academic Journals Energy Economics The Energy Journal Energy Policy International Journal of Regulation and Governance The Journal of Energy and Development The Journal of Energy, Finance and Development Resources, Energy and Development Resource and Energy Economics

Government and Industry Websites containing useful information for this course:

Google Scholar: http://scholar.google.com.au/ “Google Scholar provides a simple way to broadly search for scholarly literature”.

ABARE: http://www.abare.gov.au/ Boffins Bookshop: http://www.boffinsbookshop.com.au/ BP: http://www.bp.com Chatham House: http://www.chathamhouse.org.uk/ Chevron: http://www.chevron.com/ Crude Oil 101: http://www.wetestit.com/Crude_101.htm Dept. of Mines and Petroleum, WA: http://www.dmp.wa.gov.au/ Dept. Resources, Energy and Tourism: http://www.ret.gov.au/Pages/default.aspx Energy Future: http://www.energy-future.com Gas Daily: http://www.platts.com/Products/gasdaily Heren Publications: http://www.icis.com/heren/ International Association of Energy Economists: http://www.iaee.org/en/index.aspx Petroleum Intelligence Weekly: http://www.energyintel.com/publicationhomepage.asp?publication_id=4 Oil and Gas Journal: http://www.ogj.com/index.html Oil and Gas Investor: http://www.oilandgasinvestor.com/ OPEC: http://www.opec.org/opec_web/en/ Petroleum Economist: http://www.petroleum-economist.com/ latts http://www.platts.com/ Queensland Department of Mines & Energy: http://www.dme.qld.gov.au/home.cfm Rigzone http://www.rigzone.com/news/article.asp?a_id=80967&hmpn=1 The Economist: http://www.economist.com/ Upstream.com: http://www.upstreamonline.com/market_data/?id=markets_oil US C.I.A: https://www.cia.gov/library/publications/the-world-factbook/ US Dept. of Energy: http://www.energy.gov US Energy Information Administration: http://www.eia.gov/ World Gas Intelligence http://www.energyintel.com/publicationhomepage.asp?publication_id=10 World Bank: http://www.worldbank.org/





http://www.eia.gov/http://scholar.google.com.au/http://www.abare.gov.au/http://www.boffinsbookshop.com.au/http://www.bp.com/http://www.chathamhouse.org.uk/http://www.chevron.com/http://www.wetestit.com/Crude_101.htmhttp://www.dmp.wa.gov.au/http://www.ret.gov.au/Pages/default.aspxhttp://www.energy-future.com/http://www.platts.com/Products/gasdailyhttp://www.icis.com/heren/http://www.iaee.org/en/index.aspxhttp://www.energyintel.com/publicationhomepage.asp?publication_id=4http://www.ogj.com/index.htmlhttp://www.oilandgasinvestor.com/http://www.opec.org/opec_web/en/http://www.petroleum-economist.com/http://www.platts.com/http://www.dme.qld.gov.au/home.cfmhttp://www.rigzone.com/news/article.asp?a_id=80967&hmpn=1http://www.economist.com/http://www.upstreamonline.com/market_data/?id=markets_oilhttps://www.cia.gov/library/publications/the-world-factbook/http://www.energy.gov/http://www.eia.gov/http://www.energyintel.com/publicationhomepage.asp?publication_id=10http://www.worldbank.org/

Assessment Assessment schedule

Detailed information on assessment tasks

1. Seminar Presentation No.1 Students are required to give two,10 minute seminar presentations in this course during the trimester. Each group has two (2) members. Each presentation is individually assessed and is worth 15 marks.

You will be provided with a comprehensive array of questions at the start of the trimester, covering the course material studied as detailed in the Program Calendar – see the final pages of this unit outline. These questions will be available from Blackboard at the Assessment menu tab.

The questions have been specifically designed to allow students to develop to their particular interest in any two areas of international oil and gas markets at a more comprehensive level than would otherwise be the case.

Students are encouraged to contribute a question that may be of special interest or importance to them to develop into a seminar presentation topic.

This is a far more flexible approach to teaching and learning for graduate students acknowledges as it combines the student’s areas of special interests with the formal academic framework to teaching and learning, producing a greater level of interest, interaction and development of inquiring minds

2. Seminar Presentation No.2 Students are required to give two, 10 minute seminar presentations in this course during the trimester. Each group has only two (2) members. Each presentation is individually assessed and is worth 15 marks.

You will be provided with a comprehensive array of questions at the start of the trimester, covering the course material studied as detailed in the Program Calendar – see the final pages of this unit outline. These questions will be available from Blackboard at the Assessment menu tab.

The questions have been specifically designed to allow students to develop to their particular interest in any two areas of international oil and gas markets at a more comprehensive level than would otherwise be the case.

Students are encouraged to contribute a question that may be of special interest or importance to them to develop into a seminar presentation topic.

This is a far more flexible approach to teaching and learning for graduate students acknowledges as it combines the student’s areas of special interests with the formal academic framework to teaching and learning, producing a greater level of interest, interaction and development of inquiring minds

3. Minor Group Report - The topic available in Week 1 - 1200 Words

Task Value % Date DueUnit Learning Outcome(s)

Assessed

1

Presentation 1 15 percent Week: To be decided in class Day: Monday Time: 17:30

1,3,4

2

Presentation 2 15 percent Week: To be decided in class Day: Monday Time: 17:30

1,3,4

3Minor Report 25 percent Week: 6

Day: Sunday 19 June Time: 23.59 WST

1,2,4

4Case Study 45 percent Week: 11

Day: Sunday 24 July Time: 23:59 WST

2,3,4





To be submitted via Turnitin no later than 23:59 on the due date. You are to present a hard copy of the paper in class the following week.

The question will be made available in Week 1 of trimester.

4. Major Individual Case Study - Topic available in Week 1 - 1800 Words

To be submitted via Turnitin no later than 23:59 on the due date. You are to present a hard copy of the paper in class the following week.

The question will be made available in Week 1 of trimester.

Pass requirements To pass this unit you are required to: (1) Submit all assessments for this unit and, (2) achieve a mark greater than 50%.

Fair assessment through moderation

Moderation describes a quality assurance process to ensure that assessments are appropriate to the learning outcomes, and that student work is evaluated consistently by assessors. Minimum standards for the moderation of assessment are described in the Assessment and Student Progression Manual, available from policies.curtin.edu.au/policies/teachingandlearning.cfm

Late assessment policy

This ensures that the requirements for submission of assignments and other work to be assessed are fair, transparent, equitable, and that penalties are consistently applied.

1. All assessments students are required to submit will have a due date and time specified on this Unit Outline. 2. Students will be penalised by a deduction of ten percent per calendar day for a late assessment submission

(eg a mark equivalent to 10% of the total allocated for the assessment will be deducted from the marked value for every day that the assessment is late). This means that an assessment worth 20 marks will have two marks deducted per calendar day late. Hence if it was handed in three calendar days late and given a mark of 16/20, the student would receive 10/20. An assessment more than seven calendar days overdue will not be marked and will receive a mark of 0.

Assessment extension

A student unable to complete an assessment task by/on the original published date/time (eg examinations, tests) or due date/time (eg assignments) must apply for an assessment extension using the Assessment Extension form (available from the Forms page at students.curtin.edu.au/administration/) as prescribed by the Academic Registrar. It is the responsibility of the student to demonstrate and provide evidence for exceptional circumstances beyond the student's control that prevent them from completing/submitting the assessment task.

The student will be expected to lodge the form and supporting documentation with the unit coordinator before the assessment date/time or due date/time. An application may be accepted up to five working days after the date or due date of the assessment task where the student is able to provide an acceptable explanation as to why he or she was not able to submit the application prior to the assessment date. An application for an assessment extension will not be accepted after the date of the Board of Examiners' meeting.

Deferred assessments

If your results show that you have been granted a deferred assessment you should immediately check OASIS for details.

Supplementary assessments

Supplementary assessments are not available in this unit.





http://policies.curtin.edu.au/policies/teachingandlearning.cfmhttp://students.curtin.edu.au/administration/

Reasonable adjustments for students with disabilities/health circumstances likely to impact on studies

A Curtin Access Plan (CAP) is a document that outlines the type and level of support required by a student with a disability or health condition to have equitable access to their studies at Curtin. This support can include alternative exam or test arrangements, study materials in accessible formats, access to Curtin’s facilities and services or other support as discussed with an advisor from Disability Services (disability.curtin.edu.au). Documentation is required from your treating Health Professional to confirm your health circumstances.

If you think you may be eligible for a CAP, please contact Disability Services. If you already have a CAP please provide it to the Unit Coordinator at the beginning of each semester.

Referencing style

The referencing style for this unit is Chicago.

More information can be found on this style from the Library web site: http://libguides.library.curtin.edu.au/referencing.

Copyright © Curtin University. The course material for this unit is provided to you for your own research and study only. It is subject to copyright. It is a copyright infringement to make this material available on third party websites.

Academic Integrity (including plagiarism and cheating) Any conduct by a student that is dishonest or unfair in connection with any academic work is considered to be academic misconduct. Plagiarism and cheating are serious offences that will be investigated and may result in penalties such as reduced or zero grades, annulled units or even termination from the course.

Plagiarism occurs when work or property of another person is presented as one's own, without appropriate acknowledgement or referencing. Submitting work which has been produced by someone else (e.g. allowing or contracting another person to do the work for which you claim authorship) is also plagiarism. Submitted work is subjected to a plagiarism detection process, which may include the use of text matching systems or interviews with students to determine authorship.

Cheating includes (but is not limited to) asking or paying someone to complete an assessment task for you or any use of unauthorised materials or assistance during an examination or test.

From Semester 1, 2016, all incoming coursework students are required to complete Curtin’s Academic Integrity Program (AIP). If a student does not pass the program by the end of their first study period of enrolment at Curtin, their marks will be withheld until they pass. More information about the AIP can be found at: https://academicintegrity.curtin.edu.au/students/AIP.cfm

Refer to the Academic Integrity tab in Blackboard or academicintegrity.curtin.edu.au for more information, including student guidelines for avoiding plagiarism.

Information and Communications Technology (ICT) Expectations Curtin students are expected to have reliable internet access in order to connect to OASIS email and learning systems such as Blackboard and Library Services.

You may also require a computer or mobile device for preparing and submitting your work.

For general ICT assistance, in the first instance please contact OASIS Student Support: oasisapps.curtin.edu.au/help/general/support.cfm

For specific assistance with any of the items listed below, please contact The Learning Centre: life.curtin.edu.au/learning-support/learning_centre.htm

l Using Blackboard, the I Drive and Back-Up files l Introduction to PowerPoint, Word and Excel





http://life.curtin.edu.au/health-and-wellbeing/CAP.htmhttp://life.curtin.edu.au/health-and-wellbeing/disability_services.htmhttp://life.curtin.edu.au/health-and-wellbeing/disablity_services_eligibility.htm#/health-and-wellbeing/10126.htmhttp://life.curtin.edu.au/health-and-wellbeing/contact_disability_services.htmhttp://libguides.library.curtin.edu.au/referencinghttps://academicintegrity.curtin.edu.au/students/AIP.cfmhttp://academicintegrity.curtin.edu.au/https://oasisapps.curtin.edu.au/help/general/support.cfmhttp://life.curtin.edu.au/learning-support/learning_centre.htm

Additional information Online Supplementation of this unit This unit is supplemented in Blackboard, a web-based learning environment that is to be used in conjunction with face to face delivery of the unit. If you are new to online environment, we encourage you to look at the CBS Online section of the website at http://business.curtin.edu.au/schools/cgsb/current_students/studying_online/index.cfm

This website provides useful information about Blackboard. Should you require assistance of any kind, please make sure you direct your queries to the appropriate area in order to get the result you need quickly. For content-related issues, contact your Lecturer.

For technical issues relating to your online unit, please fill in the online help form available from the above website. The access to your online unit in Blackboard will become available once the trimester has started.

It is recommended that you access your online unit in Blackboard through OASIS (your student portal at Curtin), where it is located under “My Studies” tab.

You can also use a direct link: http://www.lms.curtin.edu.au/ . If you use a direct link, you will have to use your login and password, which are exactly the same as for OASIS.

If you have not activated your OASIS logon, please go to http://www.oasis.curtin.edu.au and follow the prompts. If you are a new student, please note that to activate OASIS logon you have to know your student number, which is to be found on your letter of offer.

Scheduled CITS outages Scheduled Maintenance occurs when Curtin Information Technology Services (CITS) takes one or more University systems offline for up to 12 hours to complete routine repairs. During these Scheduled Maintenance windows major maintenance may take place and may affect multiple systems. You should plan for limited or no access to Curtin systems and network, including the possible absence of internet connectivity.

You will be notified two weeks prior to the Scheduled Maintenance window with a detailed list of affected IT services and their associated outage windows. Notices about scheduled maintenance periods are posted in OASIS and will indicate which systems will be affected. When Blackboard is affected specifically, notices about upcoming outages will also be posted on the Blackboard login page. Please pay attention to these notices as they will affect your access to the system (thus your assessment submission!).

You may also refer to the following link for updates on maintenance work (scroll to the bottom of the screen for “Blackboard Maintenance”): http://cits.curtin.edu.au/support/scheduled_maintenance_service_availability.cfm

Submission of all Written Assignments through Turnitin The majority of your written assessments will be submitted via Turnitin on Blackboard (submission links are located under the Assessment link on the left hand menu in Blackboard). You will also be given the option to upload a draft copy of each assessment to Turnitin prior to your final submission. If you choose to upload a draft (referred to in Turnitin as a “Revision”), Turnitin will generate an Originality Report to help you pinpoint any referencing issues. Make good use of this feedback to improve your writing before uploading your final submission.

If you require further information about how to reference correctly, please visit the Library website ( http://libguides.library.curtin.edu.au/content.php?pid=141214), book in to a Library workshop, or access the online Referencing module in the SUCCESS for CGSB Students Blackboard site (this link to the SUCCESS site appears alongside the other Blackboard sites you have access to).

Assessment Guidelines Marks for each assignment are posted into the Blackboard Grade Centre (assessable through My Grades section in Blackboard), which is the University’s official repository for all grades. This policy, taken from the University’s Assessment and Student Progression Policy, ensures requirements for submission of assignments and other work to be assessed, are fair, transparent, equitable and penalties are consistently applied.

Assessment Extension Policy The Assessment and Student Progression Manual details the University’s policies and procedures that ensure that the evaluation and approval of requests to complete an assessment task or submit an assignment (or other work) at a later date is fair, transparent, equitable and auditable.





Below is an overview of key points of the policy. Students are strongly advised to read the policy in full before applying for the extension:

l An application for an Assessment Extension must be submitted prior to the assessment date/time (for an assessment event) or due date/time (for submission of work). If an extension is granted, the Unit Coordinator will determine a new due date and time. An extension will normally be up to 7 working days after the initial due date/ time.

l Where an Assessment Extension extends beyond the date of the Board of Examiners the interim grade ‘Deferred Assessment’ shall be used.

Criteria for Assessment Extension Exceptional circumstances that may warrant approval of an assessment extension include but are not limited to:

l Student illness, injury, or medical condition of such significance that completion of the assessment task was not possible and this supported by a medical certificate or equivalent;

l Family issues (for example family injury, illness or bereavement etc.) of such significance that completion of the assessment task was not possible. Supporting documentation would be required;

l Commitments to participate in elite sport or other activities that warrant favourable consideration; l Commitments to assist with emergency service activities (for example, bushfire protection); or l Unavoidable and unexpected critical work commitments (for example, relocation, changes to fly-in/fly-out

schedules). A letter from the employer clearly supporting the student’s claim is required.

(Please note: heavy workload will not normally provide a basis for granting an extension. Students are asked to manage their workloads in relation to both their organisation and their course of study.)

Application for Assessment Extension

l Application for Extensions must be made on the appropriate form (Assessment Extension Form) http://students.curtin.edu.au/administration/forms.cfm and should be submitted via email to the Unit Coordinator before the assessment due date/ time;

l An application may be accepted up to 5 working days after the due date time where the student is able to provide an acceptable explanation as to why they were not able to submit the application prior to the assessment date.

The Unit Coordinator shall notify the student of the outcome of their application for assessment extension within 5 working days of the application. If the assessment is rejected the student will be advised in writing of the reasons for this and of any further right of appeal.

Referencing Style Students must use the Chicago author-date 16th edition referencing style when preparing assignments. More information can be found on this style from the Curtin Library website: http://libguides.library.curtin.edu.au/referencing

When using EndNote, the style system that should be used is Chicago 16th B Curtin.

Important Information for Students: Please read the Current Students section of the CGSB website (http://business.curtin.edu.au/schools/cgsb/current_students/index.cfm) for further information on the following:

l unit availability l timetables l re-enrolment procedures l fee information l the CGSB Alumni Chapter, and l Emergency Procedures

Any enquiries concerning your enrolment can be sent to [email protected]





Enrolment It is your responsibility to ensure that your enrolment is correct - you can check your enrolment through the eStudent option on OASIS, where you can also print an Enrolment Advice.

Student Rights and Responsibilities It is the responsibility of every student to be aware of all relevant legislation, policies and procedures relating to their rights and responsibilities as a student. These include:

l the Student Charter l the University's Guiding Ethical Principles l the University's policy and statements on plagiarism and academic integrity l copyright principles and responsibilities l the University's policies on appropriate use of software and computer facilities

Information on all these things is available through the University's "Student Rights and Responsibilities website at: students.curtin.edu.au/rights.

Student Equity There are a number of factors that might disadvantage some students from participating in their studies or assessments to the best of their ability, under standard conditions. These factors may include a disability or medical condition (e.g. mental illness, chronic illness, physical or sensory disability, learning disability), significant family responsibilities, pregnancy, religious practices, living in a remote location or another reason. If you believe you may be unfairly disadvantaged on these or other grounds please speak to the Student Equity Advisor Team member in your Faculty. Contact details are at: http://eesj.curtin.edu.au/contact.html

You can also contact Counselling and Disability services: http://www.disability.curtin.edu.au or the Multi-faith services: http://unilife.curtin.edu.au/diversity_and_faith/faith_services.htm for further information.

It is important to note that the staff of the university may not be able to meet your needs if they are not informed of your individual circumstances so please get in touch with the appropriate service if you require assistance. For general wellbeing concerns or advice please contact Curtin's Student Wellbeing Advisory Service at: http://unilife.curtin.edu.au/student_wellbeing_service.htm

Enrolment

It is your responsibility to ensure that your enrolment is correct - you can check your enrolment through the eStudent option on OASIS, where you can also print an Enrolment Advice.

Student Rights and Responsibilities It is the responsibility of every student to be aware of all relevant legislation, policies and procedures relating to their rights and responsibilities as a student. These include:

l the Student Charter l the University's Guiding Ethical Principles l the University's policy and statements on plagiarism and academic integrity l copyright principles and responsibilities l the University's policies on appropriate use of software and computer facilities

Information on all these things is available through the University's "Student Rights and Responsibilities" website at: students.curtin.edu.au/rights.





http://students.curtin.edu.au/rights/

Student Equity There are a number of factors that might disadvantage some students from participating in their studies or assessments to the best of their ability, under standard conditions. These factors may include a disability or medical condition (e.g. mental illness, chronic illness, physical or sensory disability, learning disability), significant family responsibilities, pregnancy, religious practices, living in a remote location or another reason. If you believe you may be unfairly disadvantaged on these or other grounds please contact Student Equity at [email protected] or go to http://eesj.curtin.edu.au/student_equity/index.cfm for more information

You can also contact Counselling and Disability services: http://www.disability.curtin.edu.au or the Multi-faith services: http://life.curtin.edu.au/health-and-wellbeing/about_multifaith_services.htm for further information.

It is important to note that the staff of the university may not be able to meet your needs if they are not informed of your individual circumstances so please get in touch with the appropriate service if you require assistance. For general wellbeing concerns or advice please contact Curtin's Student Wellbeing Advisory Service at: http://life.curtin.edu.au/health-and-wellbeing/student_wellbeing_service.htm

Recent unit changes Students are encouraged to provide unit feedback through eVALUate, Curtin's online student feedback system. For more information about eVALUate, please refer to evaluate.curtin.edu.au/info/.

Recent changes to this unit include:

The unit was comprehensively revised in Trimester 1, 2015. This revision included updating and or revising all 12 weeks of Lecture Notes, all Case Study Readings and module Review questions and answers. I would like to acknowledge the valuable feedback provided by my past students via the eVALUate survey, emails and by comments made on Blackboard

To view previous student feedback about this unit, search for the Unit Summary Report at https://evaluate.curtin.edu.au/student/unit_search.cfm. See https://evaluate.curtin.edu.au/info/dates.cfm to find out when you can eVALUate this unit.





mailto:[email protected]://eesj.curtin.edu.au/student_equity/index.cfmhttp://www.disability.curtin.edu.au/http://life.curtin.edu.au/health-and-wellbeing/about_multifaith_services.htmhttp://life.curtin.edu.au/health-and-wellbeing/student_wellbeing_service.htmhttp://evaluate.curtin.edu.au/info/index.cfmhttps://evaluate.curtin.edu.au/student/unit_search.cfmhttps://evaluate.curtin.edu.au/info/dates.cfm

Program calendar

Week Week Beginning

Module Topic Practical Activities & Assessments due dates

1 9 May Your online unit will be made available Monday

Introduction to the unit, Introduction to oil and gas, oil and gas reserves, locations and production.

The oil and gas value chain, key terminology. Case Study.

1) Read Unit Outline,

2) Create Your Student Home journal

3) Listen to: Petroleum 101 Lecture from UC Davis.

4) Listen to: Peter Day GlobalBiz: Over a Barrel Part 1 & 2: 09 & 16 Apr 2011

Student Home Journal – finalised by 23.59 Perth time Monday 23 May

2 16 May History of the oil and gas industry, Understanding the historical underpinnings of its present structure, The ‘majors’, Old Seven Sisters, the New Seven Sisters, national oil companies, OPEC, OGEC. Case Study Reading.

Seminar Presentations commence this week.

3 23 May Structure of the oil and gas industry.Case Study Reading.

4 30 May Microeconomics of oil and gas industry. Case Study Reading.

5 6 June Pricing in Energy Markets: Spot, Forward and Futures. Case Study Reading.

Note that class will be on 9 June owing to public holiday on 6 June

6 13 June Financial Risk Management: Hedging and Speculation. Case Study Reading.

Minor Report due by 23.59 Perth WST 19 June

7 20 June Debt and Equity in Energy Companies. Case Study Reading.

8 27 June LNG Project Evaluation:Upstream Investment Model. Case Study Reading

9 4 July Analyzing the Business Environment in Developing Countries. Case Study Reading.

10 11 July Economics of Downstream: Economics of Retail Service Stations, Fertilizer & Nitrate Production and Electricity





Production. Case Study Reading.

11 18 July Oil, Gas and the Macroeconomy.Case Study Reading. Major Case Study due 23.59 Perth WST 24 July

12 25 July Energy Policy, Energy Security and Regulation. Case Study Reading.

eVALUate opens for student feedback

13 1 August Revision





mgmt6033 international oil and gas markets trimester 2,...

Documents