Suggested Reading & Viewing

Books, Case Studies and Films

YPE suggests the following books as primers on the global oil and gas industry:

The Prize - Daniel Yergin (1992)
The History of the Standard Oil Company - Ida Tarbell (1904)
Titan: The Life of John D. Rockefeller - Ron Chernow (1999)
The Seven Sisters - The Great Oil Companies and the World They Shaped - Anthony Sampson (1975)
Hubbert's Peak - Kenneth Deffeyes (2001)
Boone Pickens: The Luckiest Guy in the World - Boone Pickens (original: 1987; with five extra chapters: 2000)
Twilight in the Desert - Matt Simmons (2005)
Color of Oil - Michael Economides (2000)
The Schlumberger Adventure - Anne Gruner Schlumberger (1982)
The Smartest Guys in the Room - McLean and Elkind (2003)
Fundamentals of Petroleum - Kate Van Dyke (1997)

YPE hopes you've enjoyed the following films involving the energy industry:

YPE suggests the following Harvard Business School case studes on the global oil and gas industry:

MW Petroleum Corp. (1994): This case focuses primarily on valuation, involving discounted cash flows, option pricing, and simulation techniques.
E.I. du Pont de Nemours and Co.: The Conoco Split-off (2001): Intendend discussion is to debate the merits of the company's proposed risky strategic shift into a new "hot" industry whose prospects are highly uncertain.
BP and the Consolidation of the Oil Industry—1998-2002 (2002): Learning objective is to analyze vertical integration, horizontal integration, economies of scale, potential limits to growth, and competition in a commodity industry.
Leading Anadarko (2005): The learning objective is to highlight the multifaceted strategic, organizational, and governance issues facing leaders of large, complex organizations.
Unocal Corporation: China's Unwelcome Bid (2006): The learning objective is to explore how scarcity guides the actions of resource firms and the problems that arise when governments are directly involved in commercial activity.
Kerr-McGee (2006): Activist investors Carl Icahn and Barry Rosenstein acquire a stake in Oklahoma-based company Kerr-McGee and propose changes to the company. The case protagonist, Luke Corbett, CEO, opposes their involvement

Stacey on 27-Feb-08 9:02 PM permalink
The Age of Oil by Leonardo Maugeri The Petroleum Industry -- A Nontechnical Guide by Charles F. Conaway