Certificate in Strategic Management in Oil and Gas Business

turkson
Last Update August 27, 2024
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About This Course

The Oil and Gas industries are undergoing significant changes due to various geopolitical and market occurrences. Current outlooks on Oil and Gas prices are difficult to forecast, volatile, and subjected to pressures from alternative energy sources. All these hold major implications for upstream and downstream Oil and Gas operations.

What are the strategies used to transform the oil and gas supply chain?

Throughout the past few years, companies and businesses in the Oil and Gas industry have witnessed remarkable changes in demand and supply. Operators have faced declining crude prices, which have led to cutting back on supply-chain spending. Businesses have had to cut costs and, in some instances, change business models in response. Companies have had to design strategies to transform their Oil and Gas supply chain to adapt to changes in the industry. These strategies are developed to help manage current challenges while assisting companies in making maximum profits within the short and long term.

Learning Objectives

Understand the basics of strategic management in the Oil and Gas business
Learn how to create and implement robust strategies for Oil and Gas management
Recognize the key processes of strategic change and strategy innovation
Learn about natural gas economics and upstream economics
Understand the dynamics and changing structure of the global Oil and Gas business
Learn how to link and align operational and strategic management
Understand the fundamentals of petrochemicals and refining economics
Learn how to implement an effective business strategy

Target Audience

  • Energy traders charged with facilitating transactions among buyers and sellers of energy products such as crude oil, petroleum, natural gas, and liquid gas
  • Risk managers responsible for managing the risks of a firm, its reputation, assets, employees, and interests of stakeholders
  • Strategy managers charged with developing and implementing business visions and agenda
  • Business managers tasked with monitoring and heading operations of business enterprise, developing and implementing business strategies, and evaluating business performances
  • Maintenance supervisors tasked with supervising the safe and efficient management of refinery equipment
  • Operations Managers are responsible for hiring, training, and supervising employees and also developing strategies to boost efficiency and productivity
  • Finance managers responsible for developing financial reports, direct investment activities, and long-term financial goals
  • Project Managers responsible for the day-to-day management of a company’s projects
  • Human resource managers who are responsible for personnel relations of corporate organization
  • Every other person interested in learning about strategic management in the Oil and Gas industry

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turkson

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