Oil and gas books provide an accumulation of knowledge and experiences across the entire oil and gas value chain. As an oil and gas student, professional, entrepreneur, business leader or investor, reading books increases your understanding of the working of the industry.
You can never be sure that you know everything about oil and gas industry. The world is changing and that means there are a lot of things you need to learn.
In addition, there are skills you need to hone. Learning makes you better and sharper. This will help your career in the sector.
Oil and Gas Books for Beginners
- Oil 101 – 1st Edition
- The Global Oil & Gas Industry: Management, Strategy and Finance
- Fundamentals of Oil & Gas Industry for Beginners 1st Edition
- Fundamentals of Investing in Oil and Gas
- Oil & Gas Production in Nontechnical Language
- Project Finance for the International Petroleum Industry 1st Edition
In this regard, I have put together a detailed list of oil and gas books that you should read to increase your knowledge and understanding of the industry.
Oil and Gas Books for Beginners in 2022
List of Best Oil and Gas Books – 19 Books You Must Read
There are a lot of ways in which you can refine your knowledge and increase your brain power. Reading the following oil and gas books is one of them.
You will also become an interesting and fun person to share a conversation with given your wide and deep understanding of the various aspects of the oil and gas business.
Oil & Gas Company Analysis: Petroleum Refining & Marketing
This book provides you with an in-depth coverage of the companies that operate in the downstream oil and gas industry.
It is a book that provides an extensive analysis of the refining and marketing sector of the petroleum industry.
By reading this book, you will be able to have a comprehensive understanding of the fundamental business drivers and processes that make up the refining and marketing operations in oil and gas industry.
Oil & Gas Company Analysis: Upstream, Midstream and Downstream
Oil and gas industry is one of the most complex industries in the world.
This book will help you, with an in-depth coverage of the companies that operate in all sectors of the oil and gas value chain. That is upstream, midstream and downstream.
It is an interesting read as it seeks to evaluate companies through financial and operational metrics.
Oil 101 – 1st Edition
Oil 101 is a very important book that should be in your bookshelf.
It is a straightforward guide on oil and gas. This helps you to understand where oil prices, the general economy and society are headed.
In this book, Downey provides the facts one needs to understand oil, from its history and chemistry, to refining, finished products, storage, transportation and alternatives.
The book also covers how prices are determined every day in global wholesale oil markets and how those markets are connected to prices you get at the pump.
The Global Oil & Gas Industry: Management, Strategy and Finance
Despite its size and importance, a surprising lack of basic knowledge exists about the oil and gas industry.
In this book, authors Andrew Inkpen and Michael H. Moffett have put together a nontechnical book to help you understand the business angle of oil and gas.
This is very important to the technical professionals in the industry.
If you are interested in how the world’s largest industry works, then this is a book you should get today. It is one of the best books about oil and gas industry.
Fundamentals of Oil & Gas Industry for Beginners 1st Edition
A prominent linchpin in world politics and in security policies world over, oil and gas have tremendous value in both, the political and economical sectors of global relations, business establishments and policy.
Regardless of whether one is a novice to a given field, or a well accomplished veteran in the field, there is a need for the continued engagement with the basics that underlie the core subjects.
With that in mind, this oil and gas book is a perfect primer for the first-timer in the field, while also a copious text to help a seasoned veteran stay abreast with the nuances of the world of oil and gas.
Fundamentals of Investing in Oil and Gas
This book opens a unique and rare perspective of the oil and gas industry that focuses on its history and the creation of the marketplace.
It looks into how oil and gas are found, and a detailed explanation on the essential operations behind the upstream sector of the industry.
From there, the book enters into the transportation of crude products from the field to the refinery. This represents the midstream sector of the industry.
The refining or downstream sector of the industry is then thoroughly explained in aspects of the creation of gasoline and other highly demanded products.
Only after the complete industry is explained, the book discusses present and likely future trends that every investor should want to know.
Energy Finance and Economics: Analysis and Valuation, Risk Management, and the Future of Energy 1st Edition
Energy Finance and Economics offers you the most up-to-date information and compelling insights into the finance and economics of energy.
With contributions from today’s thought leaders who are experts in various areas of energy finance and economics, this book provides an overview of the energy industry and addresses issues concerning energy finance and economics.
The book focuses on a range of topics including corporate finance relevant to the oil and gas industry as well as addressing issues of unconventional, renewable, and alternative energy.
Oil & Gas Production in Nontechnical Language
This book is a great introduction to oil and gas production for anyone from beginning petroleum engineering and geology students to veteran professionals in the industry.
It is an easy-to-read reference if you deal with petroleum industry personnel and production issues.
It will help you have a brief overview of the technical and business in the upstream oil and gas industry
Nontechnical Guide to Petroleum Geology, Exploration, Drilling & Production 3rd Edition
in this popular text that has trained thousands in the petroleum industry for years, Dr. Norman Hyne takes readers through upstream operations.
This is from how oil and gas are formed, how to find commercial quantities, how to drill, evaluate, and complete a well all the way through production and improved oil recovery.
Fundamentals of Oil & Gas Accounting 6th Edition
Professor Charlotte Wright updates her indispensable accounting book for the oil and gas industry in this revised and expanded sixth edition.
The past several years have seen significant changes in the accounting and disclosure rules for the industry.
While the book has thorough updates throughout, there are new industry issues specifically addressed from the accounting perspective.
Energy Economics: Markets, History and Policy 1st Edition
Three quarters of our current electricity usage and transport methods are derived from fossil fuels and yet within two centuries these resources will dry up.
Energy Economics covers the role of each fossil and renewable energy source in today’s world, providing the information and tools that will enable students to understand the finite nature of fossil fuels and the alternative solutions that are available.
It provides detailed examinations of key energy sources like fossil fuels and renewable including oil, coal, solar, and wind power.
This book summarizes how the current economics of energy evolved.
The Global Oil & Gas Industry: Stories from the Field
By reading this book, you will realize that it relates to specific examples of challenges in decision making, changing business practices, and the difficulties in executing complex projects across the global industry.
From contentious border disputes over mineral rights to the emergence of industry disrupters shaking the status quo. Each story presents contemporary issues. These lessons are transferable to management challenges both inside and outside of the global oil and gas industry.
Project Finance for the International Petroleum Industry 1st Edition
This overview of project finance for the oil and gas industry covers financial markets, sources and providers of finance, financial structures, and capital raising processes.
About US$300 billion of project finance debt is raised annually across several capital intensive sectors including oil and gas, energy, infrastructure, and mining.
Oil and gas industry represents around 30% of the global project finance market.
I would therefore recommend that you get this book.
The Secret World of Oil
Oil and gas industry is the lifeblood of modern civilization. A lot has been said and written about petroleum industry and also about individual companies like ExxonMobil.
The modern oil and gas industry is an amazingly shady meeting ground of fixers, gangsters, dictators, competing governments, and multinational corporations, and until now, no book has set out to tell the story of this largely hidden world.
The global fleet of some 11,000 tankers that has tripled during the past decade moves approximately 2 billion metric tons of oil annually.
And every stage of the route, from discovery to consumption, is tainted by corruption and violence, even if little of that is visible to the public.
Shale Oil and Gas: The Promise and the Peril, Revised and Updated Second Edition
In the first edition of Shale Gas: The Promise and the Peril, Vikram Rao explained that shale gas has the potential to transform the U.S. energy-based economy in the electricity, transportation, and chemical sectors.
Since then, shale oil burst into the national consciousness even more rapidly than did shale gas. In the second edition, Rao does more justice to the shale oil-related issues, including the consequences of unpreparedness of infrastructure to deliver fluids to market.
Both the first and second editions are intended to inform both sides of the fracturing debate, where currently rhetoric is overtaking understanding.
The Oracle of Oil: A Maverick Geologist’s Quest for a Sustainable Future
In 1956, geologist and Shell Oil researcher Marion King Hubbert delivered a speech that has shaped world energy debates ever since.
Addressing the American Petroleum Institute, Hubbert dropped a bombshell on his audience: U.S. oil production would peak by 1970 and decline steadily thereafter.
World production would follow the same fate, reaching its peak soon after the turn of the millennium. In battles stretching over decades, Hubbert defended his forecasts against opponents from both the oil industry and government.
Hubbert was proved largely correct during the energy crises of the 1970s and hailed as a “prophet” and an “oracle.”
Even amid our twenty-first-century fracking boom, Hubbert’s underlying logic holds true while remaining a source of debate and controversy.
Beyond Oil: The View from Hubbert’s Peak
With world oil production about to peak and inexorably head toward steep decline, what fuels are available to meet rising global energy demands?
This question, once thought to address a fairly remote contingency, has become ever more urgent, as a spate of books has drawn increased public attention to the imminent exhaustion of the economically vital world oil reserves.
Deffeyes, a geologist who was among the first to warn of the coming oil crisis, now takes the next logical step and turns his attention to the earth’s supply of potential replacement fuels.
In Beyond Oil, he traces out their likely production futures, with special reference to that of oil, utilizing the same analytic tools developed by his former colleague, the pioneering petroleum-supply authority M. King Hubbert.
Deep Challenge: Our Quest for Energy Beneath the Sea 1st Edition
Deep Challenge blends oil-patch history, eyewitness accounts of disasters, and open access to the official files of Global Marine Inc., the recognized leader in offshore drilling, to tell a true and exciting story.
The Quest: Energy, Security, and the Remaking of the Modern World
This is a successor to Daniel Yergin’s book, The Prize, and it provides an analysis of the global energy industry, the principal engine for geopolitical and economic change.
A master storyteller as well as a leading energy expert, Daniel Yergin continues the riveting story begun in his Pulitzer Prize–winning book, The Prize.
In The Quest, Yergin shows us how energy is an engine of global political and economic change and conflict, in a story that spans the energies on which our civilization has been built and the new energies that are competing to replace them.
The Quest tells the inside stories, tackles the tough questions, and reveals surprising insights about coal, electricity, and natural gas.
He explains how climate change became a great issue and leads readers through the rebirth of renewable energies, energy independence, and the return of the electric car.
Epic in scope and never more timely, The Quest vividly reveals the decisions, technologies, and individuals that are shaping our future.
In conclusion, I would recommend that you get the above books, and spend time adding to your knowledge of the oil and gas industry.
The above oil and gas books are filled with insights, experiences and analysis of the industry by some of the most brilliant minds.
I hope that you have found this post helpful. I am committed to ensuring that you continue finding value in the oil and gas industry.
Enjoy the above oil and gas books.