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Price: $(USD) 277
Course Level
Delivery Method
On-Demand Self-Study Course
Professional Development Credit Hours
There is no pre-requisite for this course.


All on-demand self-study courses are written by members of our Faculty in their areas of expertise.


NASBA: Mennta Energy Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site:

CPD Certification Services: The CPD Certification Service works with Mennta Energy Solutions to ensure valuable knowledge is structured to complement the universal guidelines of Continuing Professional Development. Mennta Energy Solutions courses are approved by CPD at one credit per training hour.

Introduction to Global Oil Supply (ON-DEMAND) - GOS

Course Summary

Introduction to Global Oil Supply is an online training course that provides an introduction to the supply side of the global market for petroleum liquids. You’ll learn about the different types of liquids - conventional and unconventional crude oil, condensate, natural gas liquids and so on - that contribute to global supply, and where they come from. We will review the main oil producing regions and the roles of OPEC and non-OPEC producers, and of governments, national oil companies and independent oil companies. You’ll learn about important recent and likely future trends in oil production, including the importance of unconventional shale and oil sands resources.

Who Should Attend?

Course Content

You will learn to:

  • Recognize the scale of oil production and its historical growth
  • Point out key geographical trends in oil production and consumption
  • Select the most important oil producing countries and regions
  • Distinguish between the roles of OPEC and non-OPEC producers
  • Recognize how oil production responds to changes in supply, demand and price
  • Identify the importance of the United States in today’s oil market
  • Recognize the natural decline of oil production and the need for reserves replacement
  • Point out the differences between conventional and unconventional oil production
  • Recognize the impacts of the recent rise in unconventional oil production
  • Identify the future potential for conventional and unconventional oil production
  • Recognize the different types of liquid that contribute to global oil supply
  • Point out some different approaches to risk and reward sharing in oil production
  • Identify how some major oil companies think oil supply will change in the future


Practice exercises and self-assessment quizzes are included to help reinforce key topics introduced throughout the course.

A comprehensive final test will be given at the end of the course.

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