Oil & Gas Finance Principles: Reporting, Budgeting, & Analysis (VIRTUAL) - OGFP
Course Schedule
| Date |
Time |
Location |
Price* |
Registration Deadline** |
8-11 Dec 2025
Register
|
10:00am-1:00pm (New York) / 15:00-18:00 (London)
|
Zoom: Americas to Europe
|
USD 2,390 (OGFP-VILTNA25-12)
|
14 Nov 2025
|
*Prices do not include VAT, GST, or any other local taxes. All applicable taxes will be added to the invoice.
**Please register by the deadline to help us ensure sufficient attendance and avoid postponing the course.
Course Summary
Oil & Gas Finance Principles: Reporting, Budgeting, & Analysis is a VIRTUAL instructor led course presented by the energy training experts at Mennta Energy Solutions.
The oil and gas industry operates in a highly complex and capital-intensive environment, demanding strong financial acumen to navigate market volatility, regulatory compliance, and investment decisions. This program equips employees with foundational financial knowledge specific to the sector, covering essential concepts such as financial reporting, budgeting, risk management, project evaluation, and emerging financial trends such as the application of carbon credits, digital finance, and sustainability-linked financial strategies.
Upon completion, delegates will be able to:
- Explain the key financial drivers impacting the Oil & Gas industry and their interrelationships.
- Interpret and analyze key financial statements (Income Statement, Balance Sheet, Cash Flow Statement) used in the Oil & Gas industry.
- Apply budgeting techniques to project financial needs and expenditures.
- Evaluate capital investment opportunities using financial models (NPV, IRR, Payback Period).
- Identify, assess, and propose mitigation strategies for common financial risks within the Oil & Gas sector.
- Demonstrate understanding of financial reporting standards (US GAAP and IFRS) and industry-specific regulations, including ESG considerations.
- Analyze financial metrics to assess operational and financial performance, including calculating and interpreting at least three key financial ratios.
- Confidently interpret and utilize financial statements to understand a company's financial health.
- Develop and manage budgets for various Oil & Gas projects.
- Evaluate investment opportunities using appropriate financial tools and techniques.
- Identify and mitigate financial risks, ensuring compliance with relevant regulations.
- Contribute to financial decision-making processes within their respective roles.
- Understand the financial implications of sustainability initiatives and ESG factors.
- Apply digital finance tools, including blockchain applications, to financial operations in the industry.
Who Should Attend?
This program is ideal for new hires and professionals in roles that will benefit from an in-depth understanding of financial management in the oil and gas industry.
Course Content
Introduction to Financial Management in the Oil & Gas Industry
- Overview of the financial structure in the industry
- Role of finance in upstream, midstream, and downstream operations
- Financial cycles and cash flow management
- Key financial challenges in Oil & Gas
Financial Statements and Reporting
- Key financial statements (Income Statement, Balance Sheet, Cash Flow Statement)
- US GAAP and IFRS standards applicable to the Oil & Gas sector
- Revenue recognition and expense allocation principles
- Asset valuation and impairment considerations
- Impact of financial reporting on decision-making
Cost Structures and Financial Metrics
- Capital expenditure (CAPEX) vs. Operating expenditure (OPEX)
- Cost structures in exploration, production, refining, and distribution
- Key financial ratios and their interpretation
- Break-even analysis and cost recovery mechanisms
Industry Trends and Market Dynamics
- Global oil prices and their impact on financial performance
- Economic and geopolitical factors affecting financial planning
- Case study: Financial implications of oil price volatility
- Impact of digital transformation on financial management
Budgeting Principles and Techniques
- Importance of budgeting in the Oil & Gas industry
- Types of budgets (operational, capital, and project budgets)
- Variance analysis and performance tracking
- Cost control and efficiency improvement strategies
Financial Forecasting and Modeling
- Forecasting techniques (trend analysis, regression analysis, scenario planning)
- Demand-supply forecasting and price projections
- Sensitivity analysis and risk-adjusted forecasting
- Advanced modeling techniques for capital projects
Working Capital Management
- Cash flow optimization strategies
- Accounts receivable and payable management
- Inventory and supply chain finance considerations
- Impact of global supply chain disruptions
- Strategies for working capital efficiency
Financial Planning and Decision Making
- Long-term financial planning strategies
- Cost-benefit analysis in investment decisions
- Practical exercise: Building a financial plan for an Oil & Gas project
- Balancing risk and return in financial decisions
Capital Budgeting and Investment Analysis
- Investment decision-making frameworks (NPV, IRR, Payback Period, ROI)
- Project financing structures (debt vs. equity financing)
- Evaluating project viability and break-even analysis
- Capital project risk assessment and mitigation
- Impact of financing choices on financial performance
Managing Financial Risks in Oil & Gas
- Types of financial risks (market, credit, operational, regulatory)
- Hedging strategies for commodity price risks
- Insurance and financial risk mitigation tools
- Currency and interest rate risk management
Financial Compliance and Regulatory Frameworks
- Overview of industry regulations (SEC, SOX, IFRS 6, FASB)
- Anti-corruption and anti-money laundering (AML) policies
- Environmental, Social, and Governance (ESG) financial considerations
- Role of compliance in financial reporting and risk management
Case Study – Financial Risk Management in Action
- Real-world case study on financial risk assessment
- Group discussion on risk mitigation strategies
- Lessons learned and best practices
- Interactive problem-solving workshop
Performance Measurement and Key Financial Indicators
- Identifying and tracking KPIs in Oil & Gas finance
- Benchmarking and comparative financial analysis
- Profitability and efficiency measurement techniques
- Use of financial dashboards and analytics
Mergers, Acquisitions, and Corporate Finance
- Financial implications of mergers and acquisitions (M&A) in the Oil & Gas sector
- Valuation methods and due diligence processes
- Post-merger financial integration strategies
- Joint ventures and strategic alliances in the industry
Sustainability and Financial Decision-Making – Looking Forward
- Financial impact of sustainability initiatives
- Carbon pricing and emissions trading systems
- Sustainable financing and investment strategies (ESG)
- Carbon credits and their application in finance and reporting
- Digital finance & blockchain applications
- Energy transition & financial strategies
- Advanced risk management & hedging
Final Case Study and Program Wrap-Up
- Group presentation: Developing a financial strategy for an Oil & Gas company
- Expert feedback and recommendations
- Key takeaways and next steps for career growth
- Open Q&A and discussion
