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Overview of the oil and gas industry
Rating: 4.5 out of 5(832 ratings)
2,284 students

Overview of the oil and gas industry

History and characteristics of petroleum, major events, players of the oil scene, consumption, production and forecast
Created byWR Training
Last updated 11/2025
English

What you'll learn

  • Gain a broad perspective of the global oil and gas industry and understand the role of oil in our life
  • Discover the history of the oil industry from its earliest development at the end of the 19th century to the current situation
  • Interpret the evolution of the factors affecting the energy supply and demand (crude prices, technology, reserves, geopolitics, geography, environment...)
  • Identify the actors of the energy scene & their strategic guidelines (producers/consumers national & international companies, international organizations OPEC
  • Describe the different types of energy resources (conventional, unconventional, renewable & fossil)
  • Understand and appreciate the future energy challenges in terms of production and demand

Course content

13 sections36 lectures1h 53m total length
  • Welcome to WR Training0:59

Requirements

  • A passion for learning
  • For further information on the Oil & Gas industry, we encourage you to have a look at our courses:
  • 1. Petroleum refining demystified
  • 2. Petroleum products: Specifications, properties, market and demand
  • 3. Oil & Gas: Markets, trading, Pricing and economic framework
  • 4. Logistics of crude oil and petroleum products
  • 5. Petrochemicals: The steam cracking process

Description

Welcome to this online course on Oil & Gas Industry Overview: History and characteristics of petroleum, major events, players of the oil scene, consumption, production and forecast.

This training course is designed to give you a comprehensive picture of the international oil & gas industry : from its earliest development at the end of the 19th century to the current situation.

The course uses up-to-date global statistics and is organized into 3 parts :

Part 1. outlines the main characteristics of the petroleum industry, reviews the major events of its history and the associated geopolitics, analyses the place of oil among all energy sources and forecasts future prospects for oil production and demand.

Part 2. outlines the roles of the main players within the petroleum industry (consumer countries, major companies and producing countries (OPEC and non-OPEC)).

Part 3. provides a quick review of the scale of investments and profitability in the oil industry.

Ready to Start Your Oil & Gas Journey?

Preview the free course videos, explore the curriculum, and see why thousands of students choose WR Training for clear, actionable energy education.

Click “Enroll Now” to gain instant access and take the first step toward mastering the global oil & gas industry!

WR Training – Your Trusted Partner in Oil & Gas Education

Spread the wings of your knowledge.

Who this course is for:

  • Students (chemical/petroleum engineering, economics)
  • Professionals with an interest in increasing their understanding of the oil & gas industry
  • Energy industry journalists and reporters