How to Make Big Money in a Short Time!

It always intrigues me to learn how easy it is to make money, in this case, without substantial risk, in the trading world if you only had the “tools” to do it. This morning I read that three trading companies have chartered four crude oil carriers off Singapore and locked in short term trades to make, what I consider big money. (more…)

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 (more…)

Carbon Dioxide Process Delivers Nanotubes and Water

After reading Marshall Frank’s Three Carbon Dioxide Utilization Technologies, we identified another promising CO2 feedstock process that promises to reduce greenhouse gas emissions.

Solid Carbon Products LLC (more…)

Three Carbon Dioxide Utilization Technologies

With the global effort underway to reduce greenhouse gas emissions, particularly carbon dioxide, most activities focus on carbon capture and storage (CCS). These technologies involve scrubbing CO2 from the flue gasses of facilities using fossil fuels such as power plants and cement plants, concentrating the CO2 and then pumping it deep (more…)

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 been a great showcase for our industry in the ability to so effectively (more…)

Seven Strategies to Embed a Competency Approach in Your Organization Successfully

The ultimate goal of a competency project is to design and deliver a targeted learning and development plan that will lead to a fully competent workforce. IHRDC has learned many lessons around what works and what does not in the development and implementation of competency management and assurance systems. Below are (more…)

Will the Chinese Still Build their US-Based Methanol Plants?

Last March, I wrote about several Chinese companies planning to build methanol plants in the United States with the purpose of shipping the product to China for use as feedstock in the Methanol to Olefins (MTO) plants constructed or currently being built in China. I showed that at crude oil prices at that time, i.e. $60/bbl, olefins (more…)

Instructional Design in the Oil and Gas Industry

Project Drivers

Cost, time, and quality are the three main drivers behind any project, and finding the balance between these things is key to success, whether the project is developing a training program, designing and developing new software, (more…)

U.S. is Making Progress in Reducing Methane Emissions

In August 2015, the U.S. Environmental Protection Agency (EPA) proposed new regulations for the oil and gas industries to cut emissions of methane into the atmosphere. These new regulations would have oil and gas drillers and operators:

  • Finding and repairing leaks;
  • Capturing natural gas from the completion of (more…)

Unconventional Oil Assets in Bankruptcy Reorganizations

This note is a sequel to the blog I posted in April 2015 that examined the connection between Federal Reserve policy and the collapse of the oil price. The conclusion in that blog post was that the policy of Quantitative Easing indirectly and unintentionally contributed to the oil price slide by funneling bond investments into more drilling and therefore (more…)