Strategic Energy Sourcing & Risk Management

Energy

Examine in depth the topics critical to the business of energy sourcing. In this class you will discuss the geopolitics of energy sources, the economic risks of oil and gas project management.

Overview Benefits Topics Additional Information Faculty


Overview

Examine in depth the topics critical to the business of energy sourcing. In this class you will discuss the geopolitics of energy sources, the economic risks of oil and gas project management and investment, and the management of ethical, legal, political and cultural risks associated with energy projects.

The Political Economy of Energy

This session covers the geopolitics of global energy markets. We start by examining the case for the continued dominance of hydrocarbons as an energy source for the near future. Other sources of energy, both renewables as well as those involving newer technologies such as fracking, will also be examined in the context of carbon management, environment regulation, climate change, and national security. Economics and politics of energy transmission, such as oil pipelines and electricity grids will be discussed to conclude with the evolving nature of national energy policies.

Energy Finance

This session provides participants with an in-depth understanding of energy finance by addressing three areas within an energy context: pricing, asset valuation, and risk management. The program begins by placing energy markets in the context of global financial markets, and analyzing their subsequent reactions.

Decision Making & Risk Management

This session presents relevant approaches for modeling decisions and uncertainties that arise in the context of oil and gas project management. These risks include those associated with estimates of hydrocarbon reserves and recovery rates, as well as the economic risks related to investment costs and oil prices.

Managing External Stakeholder Relationships

This session examines the management of ethical, legal, political and cultural risks (and opportunities) associated with developing energy projects in emerging markets, including upstream and downstream oil and gas investments. We will focus on companies’ social responsibility efforts, the management of relationships with external stakeholders, and how politics, culture and law structure companies’ relationships with governments and other stakeholders in emerging markets.

This class is a part of the Energy Strategy and Finance Certificate, developed in partnership with The University of Alberta School of Business.

Energy

Examine the economics, strategy, business valuation, and finance specific to the energy industry, offering you a focused look at your field.

Five-Day Immersive Program

Registration begins at 8:00 a.m. and class runs 8:30 – 4:30 each day with a one-hour networking lunch included.

Austin, Texas

Enjoy proximity to the vibrancy of the campus and downtown Austin, and the innovative, business-friendly environment of the city.


Benefits

  • Gain insights from award-winning faculty in their respected fields, contributing innovative research specific to the demands faced by your team.
  • Connect with professional counterparts facing similar challenges on an international scale in their own backyard, where their economy is tied directly to the energy industry.

Topics

  • AAAA
  • Managing external stakeholder relationships
  • The political economy of energy
  • Energy finance
  • Decision making and risk management

Additional Information

Prerequisites: None
Course Credits: 2.00


Faculty

James Dyer

Dr. James S. Dyer holds the Fondren Centennial Chair in Business in the McCombs School of Business.. He served as chair of the Department of Information, Risk, and Operations Management for nine years (1988-97).

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Christopher Meakin

Christopher Meakin is a member of the Business, Government and Society faculty at the McCombs School of Business, University of Texas at Austin. He received a BBA in Management and Business Analysis from Texas A&M University, a MA in Legal History from Rice University and a JD from the University of Houston. He is a member of the State Bar of Texas.

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Ehud Ronn

Dr. Ronn obtained his PhD in Finance from Stanford University. He has published articles on investments, interest-rate instruments and energy derivatives in the academic and practitioner literature.

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Course Details

Price: $4,400.00