FOR IMMEDIATE RELEASE

October 05, 2011

Contact: Carol Patel

101 Morgan Lane Suite 203-A

Plainsboro, NJ 08536

+1 609.524.1124

The Oxford Princeton Programme AnnouncesTwo New Russian Language Web-based Courses on Introduction to the Oil Industry - (IOIR) and Introduction to Oil Shipping - (IOSR)

Princeton, NJ-The Oxford Princeton Programme, the world’s leading provider of commercial education and training to the energy and derivatives industry, is pleased to announce the launch of its two newest web-based training courses:

Introduction to the Oil Industry - (IOIR)

Введение в нефтеперерабатывающую промышленность – (IOIR)

(Course code: IOIR)

Introduction to Oil Shipping – (IOSR)

Введение в курс по транспортированию нефти – (IOSR)

(Course Code: IOSR)

“Online users will find these courses a highly efficient and cost-effective means of ensuring their understanding of the oil value chain,” says Jobert E. Abueva, Vice-President, Global Sales and Marketing, The Oxford Princeton Programme. “The courses will appeal to students of energy as well as new hires and support staffs in companies engaged in the Russian petroleum sector and beyond.”

Introduction to the Oil Industry - (IOIR)

Введение в нефтеперерабатывающую промышленность – (IOIR)

In this introductory course, you will learn about oil – what it is, where it is found, and how it is extracted. You will also learn how raw crude oil is turned into the petroleum products we are familiar with (like gasoline), before it is distributed to end users. We will even take a look at how the industry is organized. By the end of the course, you will have a good general understanding of oil, from the underground crude reservoirs to the gasoline pump. There are no pre-requisites for this course, and no prior knowledge of the subject matter or advance preparation is required.

В рамках вводного курса Вы узнаете что такое нефть, где ее находят и как добывают. Вы также узнаете, как из сырой нефти получают известные нам топливные продукты (например, бензин) перед тем, как они попадают конечному потребителю. Вы также познакомитесь с общей структурой отрасли. К концу курса Вы будете иметь хорошее представление о нефти, начиная от таких понятий, как подземные резервуары и бензонасос. Для прохождения курса Вам не нужно иметь какие-либо специальные знания или проходить подготовку.

In anIntroduction to the Oil Industry - (IOIR) you will learn to:

  • Comprehend oil exploration
  • Appreciate the production process
  • Understand the stages of refining
  • Understand logistics, distribution, and marketing
  • Comprehend oil industry development and structure
  • Understand the basics of oil markets and marketings

Introduction to Oil Shipping – (IOSR)

Введение в курс по транспортированию нефти – (IOSR)

This overview of the oil tanker market introduces you to different vessel types as well as the chartering process. You will become familiar with both charter contract terminology and freight rate calculations. Also included is a review of the impact current environmental and safety regulations have on the industry. Prior knowledge is not required and therefore ideal for new hires though this course serves as an excellent refresher course for professionals as well. There are no pre-requisites for this course and no prior knowledge on the subject is required. There is also no advanced preparation required for this course.

В данном курсе представлен обзор рынка нефтяных танкеров. Вы узнаете о различных типах танкеров и терминологии, используемой при их описании. Мы рассмотрим процесс фрахта судов, различные условия фрахтовых договоров и методы расчета фрахтовых ставок. И наконец, рассмотрим влияние на транспортировку норм защиты окружающей среды и норм безопасности.

In anIntroduction to Oil Shipping - (IOSR)you will learn to:

  • Understand the different terms used to describe a ship
  • Appreciate freight cost calculations and publishing process
  • Understand different types of shipping charter contracts and terms
  • Comprehend the vessel chartering process
  • Understand the key shipping documents generated during a voyage
  • Recognize main maritime regulations covering oil tankers

Practice exercises and self-assessment quizzes are included to help reinforce key topics introduced throughout followed by a comprehensive final test at the end of each course.

Both courses can be purchased for US $195 each on Multiple corporate purchase discounts are available.

2CPE creditsawarded for each course.

For a full course outline and to register, please log onto under Courses in Foreign Languages).

Please contactCarol Patel for more information on this or any of The Oxford Princeton Programme'swide array of training options at (609) 524-1124 or .

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ABOUT THE OXFORD PRINCETON PROGRAMME, INC.

The Oxford Princeton Programme, Inc is the world’s leading provider of education and training to the energyand derivatives industries. In addition to PrincetonLive.com, which offers more than 30 energy and commodity web-based training modules, The Oxford Princeton Programme provides more than 250 instructor-led training courses annually worldwide. Designed for all levels of expertise, courses include views ofoil, power, natural gas and a variety of other energy, commodity and derivatives topics. For a complete list of courses and for other information, visit