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Energy Transition · Fiscal Systems · Upstream

Energy Transition & Petroleum Fiscal Systems

Istanbul & Rio de Janeiro — November 2026

9–13 Nov 2026 23–27 Nov 2026 Istanbul & Rio de Janeiro 5 Days 5-Star Hotel
About This Course

Course Overview

This unique 5-day programme bridges two of the most critical topics in today's energy landscape: the global energy transition and the fiscal systems governing petroleum upstream operations. It is the only course that integrates both disciplines into a single, coherent learning journey.

Days 1 and 2 explore the energy transition in depth — renewable energy economics, hydrogen typologies, carbon capture technologies, energy storage, and the policy and financial drivers reshaping the global energy mix towards net-zero by 2050. Days 3, 4 and 5 pivot to petroleum fiscal systems, covering royalties, bonuses, production sharing contracts, joint ventures, carried interest, progressive taxes, and country-specific government take analysis.

Led by Dr Pedro, an internationally recognised petroleum economist whose expertise has been praised by professionals from Schlumberger, Chevron and Shell, the course is delivered at five-star hotel venues in Istanbul (November) and Rio de Janeiro (November 2026).

Programme Content

Key Topics

01

Energy Transition Fundamentals

  • Drivers of the global energy transition and net-zero targets
  • Renewable energy economics: solar and wind cost trajectories
  • Hydropower, geothermal, biomass and biofuels
  • Energy storage methods and battery technology economics
  • Forecasts for oil, gas and energy by 2050
02

Hydrogen & Carbon Capture

  • Grey, blue and green hydrogen: types and production costs
  • Green hydrogen production methods and applications
  • Carbon Capture and Storage (CCS) technologies
  • BECCS, biochar and Direct Air Capture (DAC)
  • Government policy, climate change and net-zero goals
03

Petroleum Fiscal Systems

  • Introduction to fiscal systems and profitability indicators
  • Royalties, bonuses, rentals and corporate income tax
  • Deductions, depreciation methods and tax credits
  • Overview of production sharing, concessions and service contracts
  • Fiscal system classification and legal frameworks
04

Advanced Fiscal Structures & Country Analysis

  • PSCs, joint ventures, carried interest and progressive taxes
  • Flexible gross revenue splits, general taxes and duties
  • Profit sharing contracts, service contracts and abandonment
  • Incremental and differential analysis of fiscal systems
  • Country-specific fiscal reviews and government take comparisons
Learning Outcomes

What You Will Learn

By the end of this 5-day programme, you will be able to:

01Understand the global energy transition, its drivers, timeline and implications for the oil and gas industry
02Analyse renewable energy economics including solar, wind, hydropower, geothermal and biofuels
03Evaluate hydrogen types, production costs and green hydrogen applications across transport and industry
04Assess carbon capture technologies including CCS, BECCS, biochar and Direct Air Capture
05Analyse the full range of petroleum fiscal systems: royalties, PSCs, joint ventures, progressive taxes and service contracts
06Conduct country-specific fiscal regime comparisons and government take analysis
Dates & Pricing

Sessions & Fees

All sessions are held at five-star hotel venues. No virtual option available for this course.

DatesLocationFormatFee
9–13 Nov 2026 Istanbul, Turkey Classroom £3,900
23–27 Nov 2026 Rio de Janeiro, Brazil Classroom £3,900
Target Audience

Who Should Attend

This course is designed for mid-to-senior professionals who need to understand both the energy transition and petroleum fiscal structures.

Energy Professionals
Engineers, project managers and energy analysts in oil, gas and renewables
Government Officials
Policymakers and regulators involved in energy and fiscal policy
Financial Analysts
Finance and investment professionals assessing energy transition risk
Business Leaders
Executives and investors in energy, renewables and fossil fuel sectors
Energy Consultants
Consultants advising clients on energy transition and fiscal strategies
NOCs & IOCs
National and international oil company professionals navigating transition
Common Questions

Frequently Asked Questions

Who is the course trainer? +

The course is led by Dr Pedro, an internationally recognised petroleum economist with extensive experience advising governments and energy companies on fiscal systems and energy policy. Professionals from Schlumberger, Chevron and Shell have praised his depth of knowledge and ability to engage and inform diverse audiences.

Where and when are the 2026 sessions? +

Two classroom sessions: 9–13 November 2026 in Istanbul, Turkey and 23–27 November 2026 in Rio de Janeiro, Brazil. Both delivered at five-star hotel venues.

What is the course fee? +

£3,900 per delegate for classroom sessions. No virtual option is available for this course.

Why does this course cover both energy transition and fiscal systems? +

The energy industry is undergoing a fundamental transformation. Understanding the fiscal systems that govern petroleum operations alongside the energy transition megatrend equips professionals to make better-informed strategic, investment and policy decisions in a rapidly changing environment.

Can this course be delivered in-house? +

Yes. All London Petro Academy courses are available as fully customisable in-house programmes. Contact j.rogus@londonpetroacademy.co.uk for a tailored proposal for your organisation.

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£3,900
Classroom · Istanbul / Rio
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📋 Cancellation Policy
  • 28+ days before course: Full refund or free transfer to another date.
  • 14–27 days before course: 50% refund or free transfer to another date.
  • Less than 14 days: No refund. Transfer to another date at 25% fee.
  • Substitutions are accepted at any time at no charge.

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