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Main Connect News Learn the Ins and Outs of the Petroleum Industry

Learn the Ins and Outs of the Petroleum Industry

Wednesday, November 14, 2012

The landscape of Canada and the petroleum industry naturally go hand in hand. With the third-largest oil reserves in the world behind Venezuela and Saudi Arabia, and the third largest producer of natural gas, it is no surprise that the country  will open up an exponential number of job opportunities in the coming years. By 2035, the oil sands in the nation are anticipated to support 905,000 jobs, according to the Canadian Energy Research Institute.

Through employment, investments, royalties and taxes, the oil and gas industry is a major contributor to Canada's economy. Its essential purposes, including fuel for transportation and warming homes in the winter or cooling them in the summer, this product is crucial to maintaining a smoothly run society.

Additionally, this industry helps to improve communities nationwide by making significant financial contributions in the form of taxes. In past years, Canada's oil and gas industry has paid as much as $26 billion to governments annually, which has helped fund roads, schools, medical services and renovation projects throughout various provinces.

The industry currently employs about 500,000 individuals across Canada. Room for more employment continues to expand, making more positions available for business professionals who wish to seek administrative careers in the field. Combining industry knowledge and management principles, these aspiring workers should have a strong sense of the operations, regular practices and everyday terminology of the oil and gas sector.

Those seeking futures in this field will benefit from enrolling in programs that specialize in this particular industry. At Reeves College, students can gain in-depth knowledge particularly relevant to various provinces of Canada, as well as concepts that relate to the foundation of the product, such as basic geology and geophysics. By learning about petroleum production, young adults will have a better understanding of how their role ultimately contributes to the nation's economy.

As in most professional positions, possessing strong interpersonal skills is a must for would-be oil and gas executives. Through the Oil and Gas Administrative Assistant program, students at Reeves College will learn about the major impact that first impressions can have in any business interaction, as well as the best methods to ensure successful customer relations.

Those interested in pursuing a career in this prosperous field can enroll in business courses at Reeves College. For more information, fill out the form on the right.