Preview

Development of E.ON in oil and gas sector

Powerful Essays
Open Document
Open Document
1771 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Development of E.ON in oil and gas sector
Development of E.ON in oil and gas sector
Dr. Maxim Stein-Khokhlov, E.ON E&P

Upstream Lectures Course
Moscow, October 2013

Agenda

E&P within E.ON Group - Overview
Our business portfolio
Adding value with innovative technology
E&P Engagement in Russia
Conclusion and Outlook

E.ON – Power and Gas

 Active in Europe, Russia, Americas and North Africa
 More than 70,000 employees
 Over €130 billion in sales and ca. €10,8 EBITDA in 2012
 Our objective is to make energy cleaner & better wherever we operate
 Implementing a new strategy to transform E.ON into a global provider of specialized energy solutions

E.ON SE - Group structure
Group Management

Generation

Nuclear

Fossil

Renewables

Hydro

Wind/Solar/
Other

Optimization &
Trading
Proprietary
Trading

Optimization

Exploration &
Production

New Build &
Technology1

Germany

Other EU countries Russia

Support functions1 UK
Sweden
Italy
Spain

Other

Grid transport/
Shareholdings/
Other

France
Netherlands
Hungary
Czechia
Slovakia
Romania

Distribution, Sales,
Distributed energies

Global units

Regional units

Support functions 1. Not a reporting segment.
4

Rationale to build up a significant equity gas position: diversification, integration, competitiveness and profitability
E.ON Upstream Rationale
Diversification
“Physical lense”

Vertical integration
“Financial lense”

Competitiveness

Profitability & growth  Supply diversification  Regional diversification  E.ON´s gas market access as competitive edge in the
E&P business

 Contribution to reduce volatility of midstream and downstream business (implicit hedge)  Close up with other integrated utilities
 Potential competitive advantage in power value chain
(price setting function of gas for power plants)

 Growth in a highly profitable nonregulated business segment E.ON’s E&P strategy

Strategy & business
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Edf Energy
    • 1116 Words
    • 5 Pages

    Edf Energy

    My individual seminar paper is written on EDF Energy. This is one of UK’s largest energy companies and its large producer of low carbon electricity. They generate around one fifth of the UK’s electricity. They supply electricity and gas to around 5.5 million residential and business customers, making them the biggest supplier of electricity by volume.…

    • 1116 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Better Essays

    Oil and Gas Company Case Study: ExxonMobil
    • 1314 Words
    • 6 Pages

    Oil and Gas Company Case Study: ExxonMobil

    ExxonMobil is the largest publicly traded oil and gas producing company. ExxonMobil does business in 200 countries world-wide (1). Some countries are designated for exploring gas and petroleum, and some are designated for manufacturing chemicals, lubricants, and market fuels (1). ExxonMobil 's world-class petroleum portfolio gives access to proven reserves of 21.9 billion oil-equivalent barrels of oil and gas, which is the highest in the industry (1). The company 's discovered resources consist of 72 billion oil equivalent barrels of oil and gas. On average, each day, they produce 2.5 million barrels of oil and 10.5 billion cubic feet of gas (4). Their asset base, includes more than 60,000 production wells in 1,800 fields in 25 countries. With activities in some 40 countries, ExxonMobil 's oil and gas fields extend from West Texas to West Africa and from Australia to Alaska (1). The company operates in deep seas, arctic ice and deserts in some of the world 's most remote regions (1). ExxonMobil is the world 's largest nongovernmental marketer of equity natural gas. The company has access to 56 trillion cubic feet of proven reserves and discovered resources of more than 185 trillion cubic feet. It has gas sales in 25 countries and across five continents (4).…

    • 1314 Words
    • 6 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Cenovus Energy Inc.: Case Study
    • 374 Words
    • 2 Pages

    Cenovus Energy Inc.: Case Study

    In 2009, Canada’s largest natural gas producer, Encana, split into two highly focused energy company: Cenovus Energy Inc., an integrated oil company and EnCana Corporation, a pure play natural gas company.…

    • 374 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Global Challenges for Exxon-Mobil
    • 736 Words
    • 3 Pages

    Global Challenges for Exxon-Mobil

    What should be done to improve the image of a company whose name is synonymous with environmental disaster and bribery? Exxon-Mobil’s C.E.O. Rex Tillerson faces this challenge. As C.E.O. of the largest publicly traded oil company in the world with the highest posted record profit ever in 2006 ( $39.5 billion) and revenues in excess of #377 billion, (www.boston.com) Tillerson faces constant scrutiny from environmental groups, and high expectations for profit from shareholders. Not to mention the looming memory that he is now the head of a company that caused the single worst oil spill in United States history and almost destroyed a previously pristine environment. Rex Tillerson brings with him to this position experience in an area that his predecessors had little or no exposure to at all…global management.…

    • 736 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Oil And Gas Production In Canada
    • 131 Words
    • 1 Page

    Oil And Gas Production In Canada

    Oil and Gas production take a major part in many countries economies, including Canada. According to [6], mining quarrying and oil or gas extraction takes 8% of Canada’s GDP. Canada is the fifth largest oil producing country in the world. The country's three largest integrated refiners are Imperial Oil, Husky Energy, Suncor Energy. While Petro Canada is considered by some as its own entity and fourth key refiner, it's actually owned by Suncor Energy. In 2007 Canada's three biggest oil companies brought in record profits of $11.75 billion, up 10 percent from $10.72 billion in 2006. Revenues for the Big Three climbed to $80 billion from about $72 billion in 2006. The numbers exclude Shell Canada and ConocoPhillips Canada, two private subsidiaries…

    • 131 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Powerful Essays

    An Analysis of Ecover's Current Position in the Market
    • 4154 Words
    • 119 Pages

    An Analysis of Ecover's Current Position in the Market

    Strength and weakness are concerned with the internal factors and opportunity and threat are concerned with the external factors.…

    • 4154 Words
    • 119 Pages
    Powerful Essays
    Read More
  • Good Essays

    Vertical integration by Gas Oil Companies
    • 816 Words
    • 4 Pages

    Vertical integration by Gas Oil Companies

    1. Oil companies do not allow dealers (franchisees) to buy gas from distributors. Dealers must buy gas from the central oil company. Dealers often complain that this is unfair. The practice has been the subject of antitrust lawsuits. Oil company executives argue that this policy is important because it limits free-riding on the part of the distributors. Explain the executives' arguments in more detail.…

    • 816 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    Offshore Oil and Gas Industry
    • 17221 Words
    • 69 Pages

    Offshore Oil and Gas Industry

    Criticality Analyses (FMECA) for Command, Control, Communications, Computer, Intelligence, Surveillance, and Reconnaissance (C4ISR) Facilities, 29…

    • 17221 Words
    • 69 Pages
    Powerful Essays
    Read More
  • Good Essays

    Petroleum Industry Analysis
    • 512 Words
    • 3 Pages

    Petroleum Industry Analysis

    The equipment manufacturers are small in number, yet large in size. Therefore, a high demand from the oil and natural gas companies has naturally given them an advantageous position within the sector. Their highly diversified product portfolio has continued to emphasize their strong bargaining power with the oil and natural gas companies. Due to the specialized nature of the suppliers, finding an alternative supplier is difficult. This is probably why many oil and natural gas services companies have backward integrated their operations to reduce their supplier power.…

    • 512 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Oil & Gas Industry: Past, Present and Future
    • 1670 Words
    • 7 Pages

    Oil & Gas Industry: Past, Present and Future

    At Independence, India 's domestic oil production was just 250,000 tones per annum. The entire production was from one state-Assam. Most foreign experts had written off India as far as discovery of new petroleum reserves was concerned. The Government announced, under Industrial Policy Resolution, 1954, that petroleum would be the core sector industry.…

    • 1670 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Good Essays

    Energy Sector
    • 985 Words
    • 4 Pages

    Energy Sector

    Russian company AAR and the British oil company BP, both owning 50% of TNK-BP, have reached an agreement to settle all their disputes, the Prime new agency reported on Tuesday.…

    • 985 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Legal Aspects If Oil And Gas 5

    • 1891 Words
    • 7 Pages

    Legal Aspects If Oil And Gas 5

    Decommissioning on the UK Continental Shelf-An Overveiw of Regulations. (2011, January). Retrieved October 11th, 2014, from http://www.bureauveritas.co.uk/.…

    • 1891 Words
    • 7 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    oil industry
    • 426 Words
    • 2 Pages

    oil industry

    Compare cyberbullying as defined in this article with traditional forms of bullying (i.e., bullying without the use of technology).…

    • 426 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    BP essay
    • 1211 Words
    • 4 Pages

    BP essay

    BP is one of the world's leading international oil and gas companies. provide customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving, and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging…

    • 1211 Words
    • 4 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    European Petrol Retail Sector
    • 8469 Words
    • 80 Pages

    European Petrol Retail Sector

    The West and North European service station networks consolidated further in 2012. Growth was reported in Central…

    • 8469 Words
    • 80 Pages
    Powerful Essays
    Read More

Related Topics