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Fundamentals of Petroleum Economics by IBC Global Academy

The A to Z of Cash flow, risk analysis and valuation in the oil and gas industry

Commences 15th November 2011. Delivered by distance learning.


Visit websiteDownload course brochure


This petroleum economics training course will provide you with a detailed knowledge of economic analysis, cash flow, risk analysis and valuation in the oil and gas industry. Using the practical petroleum finance techniques explained in the programme, you will be able to practice your valuations of petroleum assets and critically analyse those of others to help you make informed and astute oil and gas investment decisions.

"This is an excellent course for anyone that wishes to understand economics in the Petroleum Industry. It is filled with examples that are easy to understand, further reading and the examples are current and relevant in whichever country you work" Ezra Wanzira, Tax Adviser, Tullow Uganda Operations Pty Ltd


Have a detailed look at the course content on the webpage here, or for the full syllabus and fees download our Fundamentals of Petroleum Economics brochure here.

Delivered by part-time distance education, you can learn where and when, and at the rate that is best suited to you. In addition, you will benefit from detailed content supported via the online tutorial forum run by the expert course director David Wood.


The programme includes detailed analysis of:

  • Cash flow components and economic indicators
  • Upstream petroleum economics
  • Midstream and downstream petroleum economics
  • Managing and mitigating uncertainty and risk
  • Sensitivities, simulations and decision analysis
  • Valuing petroleum assets, portfolios and companies


By studying the programme and passing the end of module tests, you will be sent a certificate to acknowledge your learning. The certificate will include recognition of 21 hours of CPD / 2.1 CEUs which you can present to your company or industry association for recognition of your learning.

You can apply for this course online, with payment accepted by credit card in US$, £ and € for your convenience



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