1 Basic Knowledge about Economy and Management 1
1.1 Financial Markets and Expectations 1
1.2 Expectations,Policy,and Output 4
1.3 Openness in Goods and Financial Markets 6
1.4 Inflation,Disinflation,and Unemployment 10
1.5 Inflation,Interest Rates,and Exchange Rates 13
1.6 Saving,Capital Accumulation,and Output 15
1.7 Technological Progress and Growth 18
1.8 Technological Progress,Unemployment,and Wages 21
1.9 Fiscal Policy 23
1.10 Managing in a Global Environment 26
1.11 Social Responsibility and Managerial Ethics 29
2 Investment Decisions 34
2.1 Investment Cost Estimates and Investment Decisions 34
2.2 Investment,Time,and Capital Markets 38
2.3 Big Investment and Little Returns of Gas-to-liquid Projects 42
2.4 GTLs:Grand Schemes,but Little Progress 47
2.5 Oil Development Investment Make-up in Lithuania 52
2.6 Rising Investment in Western African Oil Development 55
2.7 New Investment Opportunities of New Zealand Oil Industry 59
3 Finance Management of Oil and Gas Industry 63
3.1 Accounting and Its Environment 63
3.2 Accounting Information Systems 66
3.3 Accounts and Notes Receivables 69
3.4 Accounting for Partnerships 72
3.5 Financial Statement Analysis for Decision Making 75
3.6 Special Business Decisions and Capital Budgeting 77
3.7 Financial Barriers to Renewable Energy 81
3.8 Great Growth in Subsea Expenditure 84
3.9 Russian Fiscal Terms of PSA System 87
4 World Oil and Gas Market Prospects 92
4.1 Study Forecasts Doubling of LNG Market Size 92
4.2 Asia to Be the Center of Global Oil Market 95
4.3 Development of the Asian Natural Gas Market 98
4.4 Asia LNG Market Strong 102
4.5 Growing Domestic Gas Demand in the Middle East Countries 106
4.6 Natural Gas Market Profile in Syria 109
4.7 The Effect of Cuba's Growing Oil Output on US Market 112
4.8 Main Current of Global Oil Import and Export 118
4.9 The Trends of China Oil Import 120
5 World Oil and Gas Price Competition 125
5.1 The Cost of Production 125
5.2 Profit Maximization and Competitive Supply 128
5.3 General Equilibrium and Economic Efficiency 132
5.4 Monopolistic Competition and Oligopoly 135
5.5 Oil sands,Heavy Oil and Higher Energy Costs 138
5.6 Canadian Oil Sands Research Keeping Production Competitive 143
5.7 Price Challenges for OPEC Members 149
5.8 Challenge to Asian Refining Industry 155
5.9 To Reform Oil Refining Industry for Meeting Price Challenges 158
6 Technology Management in Oil and Gas Industry 163
6.1 Probabilistic Methods with Simulation in Predicting Timing and Costs 163
6.2 Operations Management 166
6.3 Life and Limb—Safety Performance Upstream 169
6.4 Data Totalization Service in Oil Production 173
6.5 To Further the Research on the Rational Reserve-Production Ratio of Natural Gas 177
6.6 Value Chain Optimization for the Petroleum Industry 181
6.7 Job Competence Coaching and Development Program 192
6.8 Operations of Job Competence Coaching and Development Project 196
7 International Project Cooperation 203
7.1 Attraction of International Franchising 203
7.2 International Subcontracting Relationship 205
7.3 Importance of Turnkey Projects 209
7.4 To Establish Counter-trade Strategies 212
7.5 Equity Joint Venture 215
7.6 Joint Production Agreements 218
7.7 ITT within Multinational Corporation 221
7.8 Technology Cooperation in International Trade 224
7.9 Win-win Scenario of Cross Border LNG Project 227
7.10 International Cooperation Benefits Asian Gas Prospects 230
7.11 Offshore Oil Cooperative Venture Contract 236
参考译文 244
练习参考答案 346