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Development in the Oil and Gas Industries

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Learning outcomes to be examined in this assessment (please note that this is NOT the assessment task)
1. Critically analyse the influence of governmental action on the profitability of oil and gas retailing.
2. Demonstrate the ability to analyse the factors affecting the present size and structure of the current oil and gas retail sectors and the impact of the rising price of oil.
Percentage of marks awarded for module:
This written report is worth 30% of the total marks for the module

Assessment criteria
Explanatory comments on the assessment criteria
Maximum marks for each section
Factual and conceptual knowledge and understanding; use of class materials; independent reading
Graduate Skills: transferable, employability, practical and academic skills
Written, oral and presentation skills; interpersonal, group and teamwork skills; leadership skills; numeracy; digital skills; practical, professional and academic skills (including referencing/presentation
Critical thinking; conceptualisation; creativity; synthesis, analysis and evaluation; application; problem solving and research/investigation

Assignment Task
The downstream industry is characterised with low margins and returns with government regulation being a major factor in the United Kingdom however, 2030 economic forecasts predict that the refinery production in the United Kingdom will return to historical levels of utilisation.
This is increasing competition from countries to attract investments from International Oil companies.
Critically analyse the drivers and barriers to financial investments in the refinery activities of the United Kingdom.

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