Problems

1.Address the following questions (you may use outside sources).

a.Name the renewable and non-renewable sources of energy.

b.Describe briefly how various sectors use energy.

c.Describe briefly the types of drilling contracts.

d.Describe briefly how crude is refined.

e.Describe briefly how natural gas is stored.

f.What is liquefied natural gas?

g.Describe briefly the path for natural gas transmission.

h.Name the sources of electricity generation.

i.Provide a brief description of oil and gas equipment and services companies. Name a company in the industry.

j.Provide an overview of independent O&G companies. Name an independent O&G company.

k.Provide an overview of integrated O&G companies. Name an integrated O&G company.

2.Please summarize the following article (one page per article)

a.Understanding our Oil Supply Chain - API

b.Natural Gas Value Chain.

3.Please provide summaries of Business (section1) and Properties (section 2) of 10-k (annual filing) for, ConocoPhillips, an independent oil and gas firm. You may use the link below to access 10-k filing. The industry code (SIC) for an independent oil and gas firm is 1311.

https://www.sec.gov/edgar/searchedgar/companysearch.html