Night School – Petroleum Economics | New Dates Announced (Virtual Course)

High quality training to boost professional development. Courses are exclusive to PESGB members only.

Training Programme

10 June - 1 July 2020

Course Info

This training course is being delivered by Carol Nakhle and Steve Pickering

The course has been split into four parts.

Part 1 l Fundamentals of oil markets: supply chain, demand, supply and price
Facilitator: Carol Nakhle
Wednesday 10 June 2020
5:30pm – 7:30pm

Part 2 l Petroleum Fiscal Regimes (main types, features, common instruments)
Facilitator: Carol Nakhle
Thursday 11 June 2020
5:30pm – 7:30pm

Part 3 l Fundamentals of natural gas markets: regional and global markets, LNG, economic differences with oil
Facilitator: Carol Nakhle
Date: Monday 22 June 2020
5:30pm – 7:30pm

Part 4 l Energy supply and the strategic impact on the petroleum industry
Facilitator: Steve Pickering
Date: Wednesday 1 July 2020
6:00pm – 8:00pm


Who should attend
Aspiring, future leaders in the oil and gas industry who want to acquire skills beyond the academic and technical and obtain insights into the commercially orientated analysis. Acquire the global perspectives essential to professional success.

This course will go ahead regardless of the number of attendees.

Speaker Bio - Carole Nakhle

Dr Carole Nakhle is the founder and CEO of Crystol Energy

An Energy Economist, she specialises in international petroleum contractual arrangements and fiscal regimes; upstream oil and gas regulations; petroleum revenue management and governance; energy policy, security and investment; and world oil and gas market developments.

With a unique breadth of experience, Dr Nakhle has worked with oil and gas companies (NOCs and IOCs) at the executive level, governments and policy makers, international organisations, academic institutions and specialised think tanks on a global scale.

She is active on the Governing Board of the Natural Resource Governance Institute and Member of its Audit and Finance Committee, and Advisory Board of the Payne Institute at the Colorado School of Mines. She is a program advisor to the Washington based International Tax and Investment Centre, and regular contributor to Geopolitical Intelligence Services and the Executive Sessions on the Political Economy of Extractive Industries at Columbia University in New York. She is a non-Resident Scholar at the Carnegie Middle East Centre and a Fellow at the Lebanese Centre for Policy Studies. She is also involved in the OECD Policy Dialogue on Natural Resource-based Development and lectures at the Blavatnik School of Government at Oxford University, University of Surrey in the UK, and Saint Joseph University in Beirut.

With numerous publications to her credit, Dr Nakhle is also an avid commentator on energy in the international media, including Al Arabiyya, Al Jazeera, the BBC, CNBC, CNN, France 24, and Sky News, among others.

Dr Nakhle is the author of two widely acclaimed books: Petroleum Taxation: Sharing the Wealth published in 2008, re-printed in 2012, and used as primary reference in leading universities and industry training courses; and Out of the Energy Labyrinth (2007), co-authored with Lord David Howell, former Secretary of State for Energy in the UK.

She has worked on energy projects in more than 45 countries and has been on exploratory visits to the Arctic and North Sea.

Dr Nakhle founded the not-for-profit organisation ‘Access for Women in Energy’ in 2007, with the aim of supporting the development of women in the energy sector, globally. She has also supported the development of similar initiatives in Ghana, Tunisia and the UAE, where she sits on ADIPEC’s Advisory Board for Inclusion and Diversity.

In 2017, Dr Nakhle gave evidence to the UK Parliament International Relations Committee on oil markets and the transformation of power in the Middle East and implications for the UK policy. In the same year, she received the Honorary Professional Recognition Award from the Tunisian Minister of Energy, Mines & Renewable Energy.

For a list of Dr Nakhle’s publications please visit School of Economics, University of Surrey.

Speaker Bio - Steve Pickering

Stephen Pickering is a geophysicist, instructor, lecturer, and Geophysical Advisor for Schlumberger. 

His strong expertise in exploration, with a specialization in Geophysics, has been developed over nearly 50 years, in a career that began at Western Geophysical with his role as a Seismic data processing analyst. More recently, he was Exploration Manager UK & Europe for Hamilton Brothers Oil and Gas Ltd and Manager of Exploration Technology at BHP Petroleum UK Limited.

He joined Schlumberger in 2000 where he has held roles as 4D Seismic Business Development Manager and Geophysics Domain Career Leader, among others.  In 2007, he was President of the Petroleum Exploration Society of Great Britain.

Venue Information

Venue information

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This course will be delivered online

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