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  • Planning for Profit
  • A New Look and Feel
  • Oil prices sag on jobs, inventory figures
  • Refining Course Amsterdam Debut
  • Chevron announces leadership changes
  • Bestseller Courses Arrive in Dubai
  • Canadian oil sands production up last year
  • Oil and Trading Courses Arrive in Geneva and Zug this Year
  • Oil demand expected to increase slightly in 2010
  • World-Class Energy Training in the Eternal City
  • Energy company earnings suffered in second quarter
  • LAST CALL - Seats Still Available!
  • Our Energy Survey
  • We Are CPD Accredited
  • Spotlight Series: Ms. Gianna Bern
  • Editor's Corner
  • And Finally...
This time of year has us trying to end it (one last quarter) on a high note whilst ushering a new year with solid plans in place and momentum to grow the business forward. We'd like to help you with your own planning by introducing the complete
2010 global public course schedule now available on our website and thus ensuring crucial training does not get left behind in the budget process. Moreover, your chances of success improve.

As an incentive, our 2010 Pre-Planning Sale is now in progress. Mention PLAN2010 when you register between now and the end of 2009 on any 2010 course and you will receive a 15% discount on the published course fee (and that is before prices go up on January 1st 2010).

But don't forget that there is plenty more training to be had in 2009. We've added more courses in these last three months to accommodate client requests. What better way to start 2010 on the right note?

Finally, those of you who are familiar with us will also notice something new about our website landing page. Yes, we've upgraded the look and feel and it is more user-friendly than ever before. Allow me to count the ways further below.

For now, start your planning engines and we do hope to see you at any of our training offerings soon.

Best regards,

Jobert E. Abueva
Director, Global Marketing and North American Sales
jabueva@oxfordprinceton.com
This week you might have already noticed something new and different about our website. Yes, we've upgraded our landing page to be more user-friendly.

How so, you ask? Allow me to count the ways:

1) Bigger, more readable fonts

2) Course Schedules by region (The Americas, EMEA, Asia/Pacific)

3) Instant translation available via Google Translate (in as many as 34 languages)

4) Energy Education Prescriptions - free confidential consultations on available training programmes

5) Links to not only our blog and e-newsletters but The Energy Education Network on Facebook, Our LinkedIn page, and our tweets on Twitter.

The new site is still in it's Beta stage but your questions and comments are welcomed. To provide us with your feedback please click here.

Do take a gander (look around) and see how signing up for world-class energy education and training is easier than ever: www.oxfordprinceton.com.
Oil prices sag on jobs, inventory figures (2-Oct-09)

Oil prices were back below $70 on Friday in response to an upswing in U.S. unemployment, as well as higher inventories that raised doubts about economic prospects.

The job report found the U.S. unemployment rate up to 9.8 percent with 263,000 lost jobs, which was more than many economists had expected. One positive note may be that the unemployment rate has yet to cross the 10 percent threshold, which has been widely expected in recent months.

Read the full story.
An additional session of our popular Principles and Economics of Oil Refining course has been added to our training schedule for presentation in Amsterdam:

Principles and Economics of Oil Refining (TRFE)

Amsterdam, The Netherlands
26 - 29 October 2009

This course is designed to provide delegates with a thorough understanding of the technical principles of refining and its economic drivers. Through a combination of presentations and case studies, delegates will learn the principles of refinery operations and planning, the commercial aspects affecting crude selection and operation of the refinery. Throughout the course delegates participate in a refinery simulation whereby they select and purchase optimal crude cargoes, nominate finished product sales. The refineries are also exposed to the vagaries of the international oil market.

For a complete course outline and registration details, click here.
Chevron announces leadership changes (30-Sep-2009)

Chevron has announced the election of a new CEO in light of the decision of longtime leader David J. O'Reilly to retire.

According to a company announcement, the board of directors has named John S. Watson as the new CEO. Watson has been serving as vice chairman and has been with Chevron since 1980. He is also a former president of Chevron Canada, a former CFO, and was also instrumental in the integration effort following the company's merger with Texaco.

Read the full story.
Take a moment out of your stressful work schedule to particpate in Our Energy Survey. Answer the question below before 20 October 2009 and we'll send one lucky winner a free web-based training voucher. Choose from over 25 self-paced courses accessible 24/7.

In 2008, which of the following countries was the largest U.S. supplier of imported oil?

A. Saudi Arabia
B. Canada
C. Venezuela
D. China
E. Not Sure

Please submit your answer by click here.

Good luck!
The Oxford Princeton Programme announces the following bestseller courses to arrive in Dubai, UAE:

A Practical Understanding of Commercial Risks in Laytime and Demurrage (TDL)

Dubai, UAE
8 - 9 November 2009

The Chemicals Shipping Market - Chartering and Operations (TD3)

Dubai, UAE
10 - 12 November 2009

For more information on these courses please click here.
Canadian oil sands production up last year (28-Sep-2009)

Canadian oil sands production is reportedly enjoying some solid gains in recent months, despite falling prices and ongoing environmental concerns.

According to a report from Dow Jones, a spokesman for Suncor Energy recently indicated that the company's oil sands production was up 25 percent this year while costs were down 15 percent.

Read the full story.
The Oxford Princeton Programme is pleased to announce that its instructor-led courses are now certified by the UK-based CPD Certification Service which assists organisations in providing certified CPD and acts as a point of contact for those seeking to obtain certified CPD material. It supports further learning initiatives being undertaken by Government, professional institutions, trade associations, individual organisations, training providers, suppliers and others.

For more information, log onto www.cpduk.co.uk.
Our Spotlight Series is an opportunity to hear firsthand from our global energy education experts. This month we invited back Ms.Gianna Bern, one of our newest faculty members.
The Oxford Princeton Programme is pleased to announce the following bestseller oil and trading courses to arrive in Geneva and Zug, Switzerland:

Oil Trading Orientation (OTO)

Geneva, Switzerland
6 - 8 October 2009

Overview of Physical Crude Oil Trading and Operations (CT)

Zug, Switzerland
24 - 25 November 2009

Fundamentals of Petroleum Refining - A Non-Technical Introduction (FPR)

Zug, Switzerland
26 - 27 November 2009

Fundamentals of Energy Futures (FOEF)

Zug, Switzerland
30 November 2009

Options I - Fundamentals of Energy Options (FOEO)

Zug, Switzerland
1 December 2009

Energy Risk Management (ERM)

Zug, Switzerland
2 - 3 December 2009

For more information on these courses please click here.
What can delegates look forward to in your courses?

I'd like to encourage a good deal of participation that can be obtained from other delegates -- each of whom bring varied experiences and insights. Whether the class is natural gas, crude oil, or something else, every delegate brings a view or experience where others can benefit. Active discussion prompts further analyses and perspectives. My intent is for delegates to come away with a fundamental understanding of some aspect of the energy industry. There is nothing simplistic about the energy industry.

How do you like to present your subject matter?

I believe there is a balance of information presentation and case studies. Case studies can bring a situation or a complex set of ideas to life. My goal is to have each delegate come away with practical tools to utilize back at their offices with their colleagues and clients. Rigorous analyses and the ability to take projects, ideas and bring them to fruition is important.

What are your career/professional highlights?

There is no question that launching Brookshire Advisory and Research, Inc. is a career highlight. Brookshire Advisory and Research, Inc. has recently started The Brookshire Energy Series' equity research. We cover global oil majors, independents, oil juniors, and the oilfield service sector. The recently published, Latin American Oil Review, highlights Latin American state-owned oil companies. Brookshire's equity research is now published and purchased through our agreement with Standard and Poor's Capital IQ division. We are pleased to have such world class partners.

The Brookshire client base has grown to where we now have clients in the U.S., Europe, and Latin America whose revenues range from $1 billion to $150 billion. It to say that it is a privilege to work with such a distinguished group.

Other career highlights include my time spent at British Petroleum plc (BP) managing one of their risk management trading desks. There is no substitute for time spent in the energy industry learning every aspect. BP is a world class organization. Other professional highlights include my time at Fitch Ratings' covering Latin American oil and gas companies as well as the power sector.

What are some of the greatest challenges facing the energy sector?

For independent oil companies, access to reserves is one of the biggest challenges. Increasingly, natural resources belong to the host country. Many countries are structuring contracts, commonly known as service provider contracts, that make it difficult if not impossible for independent oil companies to book reserves. Indeed, global resource nationalization is alive and well. I don't see resource nationalization diminishing anytime soon.

How do you like to spend your free time?

I love to play tennis and golf. I particularly enjoy playing golf with my sons. My husband doesn't play golf that much, but my older son is going to be a very good golfer. My older son also plays ice hockey and I truly enjoy watching his games. My younger son plays baseball and he is excelling at the game. Sports are big in the Bern family.

Ms. Bern's forthcoming courses in 2009 includes:

Oil Trading Orientation (OTO)

Rio de Janeiro, Brazil
9 - 11 November 2009

Overview of and Opportunities in Latin American Crude Oil (LACO)

Rio de Janeiro, Brazil
12 - 13 November 2009


Houston, Texas
30 Nov - 1 Dec 2009

Overview of and Opportunities in Latin American Natural Gas (LANG)

Houston, TX
2 - 3 December 2009

Analyzing Energy Companies - A Practical Approach for Non-Finance Managers (AEC)

Houston, TX
14 - 15 December 2009

Energy Project Finance - A Practical Approach for Non-Finance Managers (APF)

Houston, TX
16 - 17 December 2009

Any questions for Ms. Bern, please click here.
Oil demand expected to increase slightly in 2010 (1-Oct-2009)

The Energy Information Administration is projecting that U.S. crude oil demand will recover somewhat in 2010, but will remain below last year's levels.

According to the latest EIA figures, U.S. oil demand in 2009 is likely to be about 18.72 million barrels per day, increasing to 18.98 million barrels in 2010. However, in 2007 this figure stood at 19.5 million barrels, and in 2006 and 2007 demand had largely held steady at just under 20.7 million barrels per day.

Read the full story.
Training heads to the eternal city this year. The following world-class oil and trading course series arrives in Rome, Italy:

Overview of Physical Crude Oil Trading and Operations (CT)

Rome, Italy
27 - 28 October 2009

Fundamentals of Petroleum Refining - A Non-Technical Introduction (FPR)

Rome, Italy
29 - 30 October 2009

Fundamentals of Energy Futures (FOEF)

Rome, Italy
2 November 2009

Options I - Fundamentals of Energy Options (FOEO)

Rome, Italy
3 November 2009

Energy Risk Management (ERM)

Rome, Italy
4 - 5 November 2009

For more information on these courses or to register please click here.
Energy company earnings suffered in second quarter (25-Sep-2009)

U.S. energy companies took a financial hit as oil and gas prices, along with demand, remained relatively low throughout the second quarter of this year.

According to the Energy Information Administration, 18 major companies reported a combined 67 percent decrease in year over year revenues. The current quarter was also said to see a 62 percent decline compared to the second quarter average for 2004-2008.

Read the full story.
With 2009 quickly coming to an end, we have revamped our website to have a brand new look and feel as we enter 2010. Be sure to check out all of the new features and capabilities mentioned in the 'A NEW LOOK AND FEEL' section of this newsletter.. Searching for a training course near you is now easier than ever by
using our 'Course Schedule Region Maps'!

Also, be sure to get a head start on planning for your 2010 training needs. Take advantage of our 2010 Pre-Planning Sale by mentioning the code PLAN2010 when you register between now and the end of 2009 on any 2010 course to receive a 15% discount on the published course fee ( before prices go up on January 1st 2010). For more details please see the 'AND FINALLY...' section.

Happy Training!

Kristi Ruskuski
Editor
kruskuski@oxfordprinceton.com
Stretch your 2010 budget in 2009!

Register for any 2010 public course between October 1st and December 31st 2009 and SAVE BIG!

Mention the code PLAN2010 and receive 15% OFF on 2009 pricing (prices go up January 1st 2010).

Please note this is good on course fees only (not accommodations) and there is a limit of six (6) courses per individual for this sale.

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