mgmt6033 international oil and gas markets trimester 3, 2016 · trimester 3, 2016 curtin business...

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.

Unit study package code: MGMT6033

Mode of study: Fully Online

Tuition pattern summary: 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: Tom HoughtonPhone: (0)8 9266 3236Email: [email protected]: Building: P01 - Room: 308

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

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

Unit Outline

MGMT6033 International Oil and Gas Markets Trimester 3, 2016

Curtin Business School (CBS) Curtin Graduate School of Business

MGMT6033 International Oil and Gas Markets Perth City Campus 10 Aug 2016 Curtin Graduate School of Business, Curtin Business School (CBS)

Page: 1 of 12CRICOS 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.cfm

http://lms.curtin.edu.au/

Introduction This unit is offered as a fully online unit. It is designed to provide students with a wide ranging introduction to many of the key business related issues and aspect in the global oil and gas industry. The course discusses a range of important business related topics impacting the upstream, midstream and downstream sectors of the international oil and natural gas industry.

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, the Case Study Readings and the Weekly Newsletter 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 enrol 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

Learning Activities This unit is delivered fully Online.

On successful completion of this unit students can: Graduate Attributes addressed

1 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 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 2014. You can download your copy from: http://www.bp.com/content/dam/bp/pdf/Energy-economics/statistical-review-2014/BP-statistical-review-of-world-energy-2014-full-report.pdf

OPEC Annual Statistical Bulletin 2014 http://www.opec.org/opec_web/static_files_project/media/downloads/publications/ASB2014.pdf

IBIS World Industry Report, Global Oil and Gas Exploration and Production October 2014 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 )

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/





http://www.opec.org/opec_web/static_files_project/media/downloads/publications/ASB2014.pdf

http://clients1.ibisworld.com.au.dbgw.lis.curtin.edu.au/reports/gl/industry/default.aspx?entid=190

http://www.youtube.com/watch?v=KqZbzoPJDVk

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.htm

http://www.dmp.wa.gov.au/

http://www.ret.gov.au/Pages/default.aspx

http://www.energy-future.com/

http://www.platts.com/Products/gasdaily

http://www.icis.com/heren/

http://www.iaee.org/en/index.aspx

http://www.energyintel.com/publicationhomepage.asp?publication_id=4

http://www.ogj.com/index.html

http://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.cfm

http://www.rigzone.com/news/article.asp?a_id=80967&hmpn=1

http://www.economist.com/

http://www.upstreamonline.com/market_data/?id=markets_oil

https://www.cia.gov/library/publications/the-world-factbook/

http://www.energy.gov/

http://www.eia.gov/

http://www.energyintel.com/publicationhomepage.asp?publication_id=10

http://www.worldbank.org/

Assessment Assessment schedule

Detailed information on assessment tasks

1. Two Online discussion forums participation worth 15% each A significant amount of learning takes place online with peer interaction; therefore, online discussions and online reviews play an important part in your learning. Although you are not able to see one another, as in a traditional classroom situation, the same format and rules apply – an exchange of ideas while adhering to classroom courtesy.

IMPORTANT:

Online Discussion Presentation Forum One - Contribution Dates and Guidelines This course includes two assessable Discussion Forums (in week 3 and again in week 8) on Blackboard that require students to prepare a well-researched and presented answer to a question or a series of questions. There are 3 aspects which must be completerd within a 2 week period as described below.

The first discussion topic will be provided on the Monday of Week 3. Your initial contribution to the discussion is to be uploaded to Blackboard through Turnitin by 23.59 Perth Western Standard Time on the following Sunday and subsequently posted to the relevant Discussion Board forum on Blackboard by 12.00 noon Perth Western Standard Time on the Monday of week 4.

Responses to the initial submissions of two other students are to be posted to the Discussion Board no later than 23.59 Perth Western Standard Time on the Sunday of week 4.

Your researched paper may contain tables, charts and any other relevant information which helps explain your answer. Your written paper must also include a reference list which conforms to Curtin University’s preferred referencing system - ENDNOTE X7. A free copy of ENDNOTE X7 software can be downloaded from Curtin’s library page http://libguides.library.curtin.edu.au/endnote

Please Note: To pass this assessment you must complete ALL three (3) elements:

(1) Submit your written answer to Turnitin (2) Post your thread to the relevant Discussion Board forum on Blackboard (3) Make a meaningful critique of two (2) different threads within your classroom - where you are to create two (2) new threads in the Discussion.

Task Value % Date DueUnit Learning Outcome(s)

Assessed

1

Presentation 1 15 percent Week: Check Assessment Details below Day: Check Assessment Details below Time: *

1,3,4

2

Presentation 2 15 percent Week: Check Assessment Details below Day: Check Assessment Details below Time: *

1,3,4

3Minor Report 25 percent Week: 5

Day: Sunday Time: 23.59 WST

1,2,4

4Case Study 45 percent Week: 11

Day: Sunday Time: 23:59 WWST

2,3,4





http://libguides.library.curtin.edu.au/endnote

2. IMPORTANT:

Online Discussion Presenation Forum Two - Contribution Dates and Guidelines The second discussion will be provided on the Monday of week 8. Your initial contribution to the discussion is to be uploaded to Blackboard through Turnitin by 23.59 Perth Western Standard Time on the following Sunday and subsequently posted to the relevant Discussion Board forum on Blackboard by 12.00 noon Perth Western Standard Time on the Monday of week 9.

Responses to the initial submissions of two other students are to be posted to the Discussion Board no later than 23.59 Perth Western Standard Time on the Sunday of week 9.

Your researched paper may contain tables, charts and any other relevant information which helps explain your answer. Your written paper must also include a reference list which conforms to Curtin University’s preferred referencing system ENDNOTE X7. A free copy of ENDNOTE X7 software can be downloaded from Curtin’s library page http://libguides.library.curtin.edu.au/endnote

Please Note: To pass this assessment you must complete ALL three (3) elements:

(1) Submit your written answer to Turnitin (2) Post your thread to the relevant Discussion Board forum on Blackboard (3) Make a meaningful critique of two (2) different threads within your classroom - where you are to create two (2) new threads in the Discussion.

3. Minor Report - 25 Marks. You will be provided with a copy of the question in Week 1.

4. Case Study - 45 Marks. You will be provided with a copy of the question in Week 1.

Pass requirements To pass this unit you are required to: (1) Submit all assessments for this unit and, (2) achieve an overall 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.





http://libguides.library.curtin.edu.au/endnote

http://policies.curtin.edu.au/policies/teachingandlearning.cfm

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

Supplementary assessments

Supplementary assessments are not available in this unit.

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.

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





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

http://life.curtin.edu.au/health-and-wellbeing/CAP.htm

http://life.curtin.edu.au/health-and-wellbeing/disability_services.htm

http://life.curtin.edu.au/health-and-wellbeing/disablity_services_eligibility.htm#/health-and-wellbeing/10126.htm

http://life.curtin.edu.au/health-and-wellbeing/contact_disability_services.htm

http://libguides.library.curtin.edu.au/referencing

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





https://academicintegrity.curtin.edu.au/students/AIP.cfm

http://academicintegrity.curtin.edu.au/

https://oasisapps.curtin.edu.au/help/general/support.cfm

http://life.curtin.edu.au/learning-support/learning_centre.htm

Additional information How to Access Your Online Unit

This unit is delivered to you using the Blackboard web-based learning management system. Blackboard is used as the platform to deliver all fully online units and to supplement our face to face and intensive units. If you are new to the 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.

Access to your online unit on Blackboard will become available once the study period has started. It is recommended that you access your online Blackboard unit through OASIS, your student portal at Curtin. You will find the Blackboard option located under the ‘My Studies’ tab. You can also use the direct link: http://www.lms.curtin.edu.au/ . Should you choose to use this link, you will need 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.

Online Participation

Student Home Journal Building your Student Home Journal is an important part of your online unit as it creates your ‘identity’ within the unit and enables your peers to get to know you and work with you. You will find detailed instructions on what is required in the initial discussion in your online unit and instructions on how to build your Student Home Journal in The Learning Hub section. Please ensure you have the following information in your Student Home Journal:

l Photograph of yourself l Introduction: who you are, where you work, background education and experience, city where you live. l Personal Information: anything you feel you might like to share about yourself (hobbies, interests,

languages spoken, special skills). l Favourite Links: web sites you enjoy and would like to share with other students. You may also wish to

include a link to your LinkedIn profile, Twitter account or other relevant personal web site or blog.

Completion of the Student Home Journal is ESSENTIAL for your participation in this unit. Failure to complete the individual Student Home Journal will result in the deduction of 5% of your overall grade. Please complete it by the due date outlined in the Program Calendar (located on the back page/s of your Unit Outline).

Blackboard Collaborate – Live Chat or Echo 360 - you will be notified in due course.

Your unit will have at least one live virtual class led by your instructor. Details on this will be provided to you by the instructor and/or noted in your Unit Outline. Prior to participating in a Blackboard Collaborate live chat session, you will need to familiarise yourself with some of the basic features of the Blackboard Collaborate tool in The Learning Hub section. Once done, you may then proceed to click on the Blackboard Collaborate Live Chat link on the left hand menu in Blackboard. To participate in any scheduled session, click on the Sessions tab follow by the session link. To playback a recorded session, click on the Recordings tab.

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!).





http://business.curtin.edu.au/schools/cgsb/current_students/studying_online/index.cfm

http://www.lms.curtin.edu.au/

http://www.oasis.curtin.edu.au/

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 through Turnitin via Blackboard. Submission upload links are located in the ‘Assessment’ section on Blackboard within their respective assessment ‘folder’ (in most units). 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 which is the University’s official repository for all grades. Whilst Grade Centre access is restricted to Curtin staff only (UC, Lecturers and LMS support personnel), students can view their grades via My Grades. The My Grades option is accessible off the main menu in all CGSB Blackboard units.

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 that penalties are consistently applied.

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.





http://cits.curtin.edu.au/support/scheduled_maintenance_service_availability.cfm

http://libguides.library.curtin.edu.au/content.php?pid=141214

http://libguides.library.curtin.edu.au/referencing

http://business.curtin.edu.au/schools/cgsb/current_students/index.cfm

mailto:[email protected]

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 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 3, 2014. This revision included updating or revising all 12 weeks of Lecture Notes, all Case Study Readings and increased the number of 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.





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Program calendar

Week Week Beginning

Module Topic Practical Activities & Assessments due dates

22 August

Your online unit will be made available Monday of this week.

1) Read Unit Outline,

2) Create Your Student Home journal

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

1 29 August 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.

Student Home Journal – finalised by 23.59 Perth time Wednesday 31 August

2 5 September 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.

3 12 September Structure of the oil and gas industry. Case Study Reading.

Discussion 1 Opens: Monday 12 September

4 19 September Microeconomics of oil and gas industry. Case Study Reading.

Discussion 1 Ends: 23.59 Perth WST Sunday 25 September

5 26 September Pricing in Energy Markets: Spot, Forward and Futures. Case Study Reading.

Minor Report due by 23.59 Perth WST Sunday 2 October

6 3 October Financial Risk Management: Hedging and Speculation. Case Study Reading.

7 10 October Debt and Equity in Energy Companies. Case Study Reading.

8 17 October LNG Project Evaluation:Upstream Investment Model. Case Study Reading

Discussion 2 Opens: Monday 17 October

9 24 October Analyzing the Business Environment in Developing Countries. Case Study Reading.

Discussion 2 Ends: 23.59 Perth WST Sunday 30 October

10 31 October Economics of Downstream: Economics of Retail Service Stations, Fertilizer & Nitrate Production and Electricity Production. Case Study Reading.

11 7 November Oil, Gas and the Macroeconomy.Case Study Reading. Case Study due 23.59 Perth WST Sunday 13 November

12 14 November Energy Policy, Energy Security and Regulation. Case Study Reading.

eVALUate opens for student feedback

13 21 November Revision





mgmt6033 international oil and gas markets trimester 3, 2016 · trimester 3, 2016 curtin business...

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