ESSn5017 Energy Commodities II.

Faculty of Social Studies
Autumn 2019
Extent and Intensity
2/0/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Mgr. Jan Osička, Ph.D. (lecturer)
Guaranteed by
doc. Mgr. Jan Osička, Ph.D.
Department of International Relations and European Studies – Faculty of Social Studies
Contact Person: Olga Cídlová, DiS.
Timetable
Tue 14:00–15:40 0.49
Prerequisites (in Czech)
! ESS417 Energy Commodities II. && !NOW( ESS417 Energy Commodities II. )
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The aim of the course is to cover basic technological and economic principles of the oil and gas industry. The main attention is focused on introducing the important features of technology and economics for conducting an energy-focused research or assessing an energy policy. The course thus deals mostly with three main areas: the relation between energy and economy/society, the production chain and how the energy commodities are marketed.
Learning outcomes
At the end of the course, students should be able to include issues beyond social science into their understanding of the energy matters.
Syllabus
  • Introduction: The role of oil and gas in the contemporary energy system, economy and society
  • I. The fuel chain of oil and gas
  • - upstream (exploration and production)
  • - midstream (transportation)
  • - downstream (processing)
  • II. The World oil market
  • - actors and structure
  • - pricing
  • III. Natural gas markets
  • - actors and structure
  • - pricing
Literature
  • Melling, A. J. (2010): Natural Gas Pricing and its Future, Europe as the Battleground. Carnegie Endowment for International Peace. http://carnegieendowment.org/files/gas_pricing_europe.pdf
  • Nordhaus, W.: The Economics of an Integrated World Oil Market. International Energy Workshop, Venice. 2009. http://aida.econ.yale.edu/~nordhaus/homepage/documents/iew_052909.pdf
  • Energy Charter (2011): Putting a Price on Energy: Oil Pricing Update. http://www.energycharter.org/fileadmin/DocumentsMedia/Thematic/Oil_Pricing_2011_en.pdf
Teaching methods
Lectures, class discussions
Assessment methods
Exam, final essay
Language of instruction
English
Further Comments
Study Materials
The course is taught annually.
  • Enrolment Statistics (recent)
  • Permalink: https://is.muni.cz/course/fss/autumn2019/ESSn5017