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Online course

Global Resource Politics: the Past, Present and Future of Oil, Gas and Shale

Understand the critical energy challenges the world faces and analyse the political economy of the global energy industry.

Free:

  • Access to the course for its duration + 14 days, regardless of when you join (this includes access to articles, videos, peer review steps, quizzes)
  • No certificate

Upgraded:

  • Unlimited access to the course, for as long as it exists on FutureLearn (this includes access to articles, videos, peer review steps, quizzes)
  • A Certificate of Achievement when you complete the course

Find out more

Global Resource Politics: the Past, Present and Future of Oil, Gas and Shale

Why join the course?

Energy is often said to be the lifeblood of modern society. Multiple sea changes are currently afoot in the global economy, at the heart of which lies energy.

Understand the numerous critical energy challenges the world faces

The goal of this free online course is to examine the numerous critical energy challenges we are facing, and the complex interaction between the economics and politics of global energy markets.

Over six weeks, we will explore: the causes and implications of low oil prices for global energy markets and geopolitics; the success of North American shale gas and the desire of other countries, particularly China, to replicate it in future; the state of US natural gas and oil production; and the impact of the shale revolution and low oil prices on OPEC and Russia.

Analyse the political economy of the global energy industry

Global Resource Politics will give you an introduction to the basic elements of energy production, consumption and transportation, and the functioning of the global energy markets, industry and investments.

Learning with Professor Younkyoo Kim, from the the Division of International Studies at Hanyang University in Seoul, Korea, you will acquire an understanding of energy security and energy policy in today’s highly politicised, volatile energy markets.

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Skip to 0 minutes and 8 secondsIn the 21st century the global energy system is undergoing revolutionary changes again. Why are oil prices low today after two decades of high oil prices? What are economic and political implications of current low oil prices? Is US shale oil production sustainable? What will be the impact of the Paris Climate Agreement in December 2015 on the global energy system? Welcome to Global Resource Politics. I am Younkyoo Kim. I am a professor in the Division of International Studies at Hanyang University in Seoul, Korea. This course will analyze the political economy of the global energy industry, markets and security. and the final goal of this course is to answer the questions posed above. Plunging oil prices are hurting the global economy!

Skip to 1 minute and 11 secondsShale oil has risen as an arch rival to OPEC’s conventional oil! America’s unconventional shale oil has broken up OPEC’s grip on the oil market. The rise of US shale oil has caused the oil price collapse! The themes will revolve around the complex interaction between the economics and politics of global energy markets. The course then turns to the concept of energy security and the politics of energy policy in today's highly politicized and volatile energy markets. Are these too complicate to understand? You don't have to worry! I'm going to walk you through all of these issues step by step and issue by issue.

Skip to 2 minutes and 2 seconds Through this course we are going to develop a more in-depth understanding of these themes through an examination of the major countries, regions, institutions, and political and economic forces in today's world energy scene, including the U.S., Europe and Japan, OPEC and the major oil producing countries, China and developing Asia, Russia and Eurasia, and Latin America. Are you ready? Let’s start diving into the rapidly changing energy market of the 21st century.

What topics will you cover?

  • Overview of current global energy politics
  • Why low oil prices
  • US shale revolution
  • US shale revolution: Geopolitics
  • Energy security in Northeast Asia
  • Global energy governance

When would you like to start?

  • Date to be announced

What will you achieve?

  • Explore the basic elements of energy production, consumption, transportation, the functioning of the global energy markets, industry, and investments.
  • Examine recent global economic and security changes in the wake of the US shale gas revolution.
  • Explore the energy industry, energy market, and energy security in Asia, including Russia, China, Japan, and Korea.
  • Understand the concept of energy security and the politics of energy policy in today’s highly politicised, volatile energy markets.

Who is the course for?

Global Resource Politics is open to anyone with an interest in energy security and energy policy.

Who will you learn with?

Younkyoo Kim

Younkyoo Kim is currently Professor in the Division of International Studies and Director of the Center for Energy Governance & Security at Hanyang University.

Who developed the course?

Since its establishment in 1939 as South Korea’s first engineering institute, Hanyang University has been a major driving force behind Korea’s development.

Buy a personalised, digital and printed certificate and transcript

You can buy a Certificate of Achievement for this course — a personalised certificate and transcript in both digital and printed formats, to prove what you’ve learnt. A Statement of Participation is also available for this course.

Certificate of Achievement + transcript £59.00

Statement of Participation £34.00

Estimate prices in preferred currency

Charges to your account will be made in GBP. Prices in local currency are provided as a convenience and are only an estimate based on current exchange rates.