Assignment Questions
Background
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.
Task
In 2,000 words, write a report to, critically analyse the drivers and barriers to financial investments in the refinery activities of the United Kingdom (LO1 and LO2).
LO1. 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.
LO2. Critically analyse the influence of governmental action on the profitability of oil and gas retailing.