Category: Petroleum Industry News

Managing One’s Own Competency and Professional Development in Tough Times

This is the sixth time I have been under-employed in my career. The oil price pendulum has that impact! To date, this is neither the longest nor toughest downturn, it just feels that way. Amazingly, however, some

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Seeing the Big Picture as the Smoke Clears

The Fort McMurray fire highlights how privileged most North Americans, Oil Sector workers, and oil industry support service providers are to live in a region where Emergency Response Plans and Services are so well organized and coordinated. It has also

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Unconventional Thinking

After attending the SPE Conferences on Unconventionals in Calgary and Brisbane at the end of last year, I am blown away by: What the joint ventures in Australia have achieved over the last eight years in making Coal Seam Gas

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IHRDC is Moving the Flipped Classroom from the University to Our Industry

A new form of learning is sweeping through the US higher education system in response to recent discoveries of how students learn best. A few weeks ago I visited Penn State University, where I taught for four years earlier in

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Oil Price Puts a Hold on Sasol’s Westlake GTL Project

With crude oil prices hovering around $50 – $60 per barrel, Sasol announced on Jan. 28 2015 that they are delaying a final investment decision on their proposed 96,000 bpd GTL Project in Calcasieu Parish, Louisiana. This GTL project is

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Oil Prices: The Eisenhower Principle

Plans are worthless, but planning is everything. That is how United States President Dwight Eisenhower explained his management philosophy as the Supreme Commander of the Allied Expeditionary Force in Europe during the Second World War. He proceeded to

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“Get Something Signed!”

CEOs and Government Officials often share a common trait: they are fond of signing ceremonies. Big productions, built around signing a piece of paper, appeal to human nature for the same reason weddings are well attended. It’s a party, and

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Small Scale GTL Plants Emerge to Convert Low-Priced Natural Gas to High Value Refined Products

There have been some interesting developments in Fischer-Tropsch (F-T) Gas-to-Liquids (GTL technology), especially for resources where the quantity of natural gas available will not support world-scale plants. Both Sasol and Shell have commercialized their respective GTL technologies in large-scale projects;

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The U.S. Shale Oil Revolution: a Boon to Some Refiners

The United States has gone through a dramatic resurgence in crude oil supply during the past few years as a result of the unconventional shale oil revolution. The combination of horizontal drilling, hydraulic fracturing, increasing oil price, and the risk

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Oil, Money, and Pemex

Last week I attended the Oil & Money Conference in London, one that brought together a broad group of senior industry executives with specialists in petroleum markets, economics, geopolitics and finance. Energy Intelligence and the International New York Times sponsored

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