Digitalization in the Oil and Gas industry–The Limitless Future
Digitalization is going to impact every industry in the next 5–10 years. The oil and gas industry needs a lot more data scientists today than a year ago, so a person with the right qualifications and experience is the need of the industry today.
More to Carbon Than Meets the Eye: The Importance of Researching Carbon Capture, Utilization, and Storage
CCUS is an interdisciplinary research field and its broad scope means that CCUS offers numerous opportunities for science and engineering graduates, including petroleum engineers.
YP’s Guide to 2018 ATCE: Here’s How to Ace It
With a theme on Big Data, this year’s ATCE has plenty in store for young professionals.
YPs’ Guide To: Southeast Asia—How Tiger Cubs Are Becoming Rising Tigers
This YPGT article discusses the “Tiger Cub” Asian economies and their oil and gas potential.
Daniel Yergin – A Prize for the Oil and Gas Industry
Author of the Pulitzer Prize winner The Prize, Daniel Yergin is an energy luminary whose achievements promote the international understanding of energy and its economics.
#NoDAPL and Online Activism: New Directions for Effectively Engaging With Critics
The construction of the Dakota Access Pipeline sparked a broad, clamorous online debate on social media platforms. But was there a communications gap between the opponents and proponents of the pipeline on Twitter?
The Journey of the Joule
A 2017 US energy consumption chart from Lawrence Livermore National Laboratory shows that a good percentage of the energy generated turns into wasted heat.
Forbes: Why Retire? Former CEO of Oxy Aims To Be 'Low-Cost Provider' With New Oil Company
Retirement was boring for former Oxy CEO Steve Chazen. So he built a new company instead with bulletproof balance sheet.
Blockchain Technology for the Oil and Gas Industry
Blockchain is a reliable, difficult to hack record of transactions and of who owns what. Oil and gas companies expect blockchain energy trading platforms to improve reliability and efficiency.
Poets&Quants Publishes Best & Brightest MBAs, Class of 2018
Poets&Quants, the online publication for graduate business education, released its annual list of the Best & Brightest MBAs for Class of 2018.
NNPC Aims To End Gas Flare in Two Years, Increase Gas Commercialization Instead
The Nigerian National Petroleum Corporation announced a three-point smart strategy aimed at ending gas flaring in Nigeria’s oil and gas industry in 2 years.
Shell CEO: The Future of Shell in an Electric Era
In his LinkedIn column, Shell CEO Ben van Beurden shares why he is confident of Shell's resilience in an electric era.
Government, the Oil Industry, and Climate Change
Climate Change has brought the oil industry face-to-face with the enormous challenge of providing the world with a source of efficient and reliable energy while at the same time ensuring that CO2 emissions are mitigated.
Do Norway Oil Fund’s Plans To Exit Oil and Gas Investments Reflect the Industry’s Future Prospects?
Late last year, Norges Bank recommended that the Norway Oil Funds end future investment in oil and gas stocks. Two weeks ago Statoil changed its name to Equinor. Are these actions a reflection of the long-term prospects of the oil and gas industry?
Infographic: Today's Companies that Evolved From Standard Oil
Many of the major oil and gas companies of today evolved from Standard Oil.
NextPittsburgh: What is the Center for Responsible Shale Development? Susan Legros, President and Executive Director Q&A
What is the Center for Responsible Shale Development?
Remote Working and Increased Productivity: Personal Reflections for YPs
If your role allows, having the option to work remotely can improve personal performance, productivity, and motivation.
A Guide to Baku, Azerbaijan: Oldest Oil Producing Region in the World
The largest city located below sea level, and a UNESCO World Heritage Site, Baku, Azerbaijan, boasts scenic nature attractions and an oil industry dating back many centuries.
What's the Difference Between Data Science, Machine Learning, and Artificial Intelligence?
The data science, machine learning, and artificial intelligence fields do have a great deal of overlap, but they are not interchangeable.
Visual Capitalist Infographic: The Clean Energy Race
Which countries are leading in renewables, and what power sources are being adopted the fastest?
The Asset Evaluation Process in Upstream Oil and Gas—Technical, Financial, and Geopolitical Considerations
The asset evaluation process in the oil and gas industry is not purely technical or limited to the evaluation of the asset’s production performance. Careful consideration is also given to the business environment, fiscal policy stability, and political stability of the country, among other factors.
BCG: Five Ways Men Can Improve Gender Diversity at Work
When companies try to fix the gender diversity problem, they often center their efforts solely on women. Experience shows, however, that such a narrow focus essentially walls off the discussion as a women-only issue instead of positioning it as a broader topic between both genders.
Western Australia: Expanding LNG Opportunities Down Under
By the end of 2018, Western Australia will be exporting nearly 50 million tonnes per annum of LNG. This is an exciting time for the young professionals lucky enough to call Perth their home.
Video: 2017 Annual Technical Conference and Exhibition Opening General Session
At the 2017 ATCE, top executives from inside and outside the upstream business discuss how they are delivering a sustainable future.
The Role of Marketing Communications in the Oil and Gas Industry
Marketing communications occupies an important position in the oil and gas industry. In an industry currently in transformation, promoting brand awareness and defining and conveying differentiators in a crowded marketplace is critical.
A Behind-the-Scenes Look: Managing the Mountain of Data for the BP Statistical Review of World Energy
The BP Statistical Review of World Energy is an institution in the energy world. Who's behind assembling and managing the mountain of data that goes into it?
Business Unusual for E&P: Companies Adapt to the Changing Landscape
The industry is facing one of the toughest challenges of its lifetime, but exploration and production companies are slowly and steadily adapting to the new changes.
Open Innovation in Drilling
Open innovation, also referred to as external or network innovation, can accelerate new technology identification and adoption in the oil and gas industry.
How To Have an Effective Elevator Conversation: Do’s and Don’ts From My Experience
Elevator conversations may or may not be something that comes naturally to you, but a little forethought will make these random exchanges more purposeful and may bolster how you are viewed by management and coworkers.
EY Survey Finds Changing Industry Perception Among Generations
A survey recently conducted by Ernst and Young finds that the oil and gas industry is perceived differently by different generations.
NPR: Alaska’s 40 Years of Oil Riches Began With One Man’s Courageous Foresight
Production from Alaska's Prudhoe Bay started 40 years ago this month. But the discovery of the giant oil field that started it all almost didn't happen.
The Young Professional's Guide To: Quito, Ecuador—It Is impossible To Get Bored Here
Surrounded by mountains and situated close to the equator, the capital of Ecuador, Quito, has several historical and nature attractions for visitors. Article also discusses the history of Ecuador’s petroleum industry and upcoming initiatives for that sector.
Leading in a Downturn, Heading to the Future: An Interview with NOV CEO Clay Williams
NOV CEO Clay Williams talks about his experiences managing business challenges and opportunities, thoughts on product development and M&A activity, and his opinion on where the oil and gas industry is going in the future.
OPEC Today: Influence on Oil Markets May Decrease But Role Still Important
With more than 60% of oil and 80% of gas production coming from non-OPEC nations, and US shale production proving to be resilient, OPEC's influence on oil markets may decrease but it's role in market dynamics is still important.
India’s Midstream Petroleum Network Grows
Oil demand in India has grown rapidly in the past decade due to its rapidly advancing middle class. A national drive to improve environmental pollution is focusing on natural gas as a transitionary energy source due to its lower carbon emissions.
Spencer Dale, Group Chief Economist, BP. Moving Oil and Gas to Markets. Part II: Oil Price and Refining Benchmarks
In part II of this two-part interview, Spencer Dale, group chief economist at BP, comments on oil price and refining benchmarks and shares his advice to young professionals in the industry.
Spencer Dale, Group Chief Economist, BP. Moving Oil and Gas to Markets. Part I: Oil Trade and LNG
In part I of this two-part interview, Spencer Dale, group chief economist at BP, shares his comments on oil trade, LNG market, and the effect of Brexit on the oil industry.
The Effects of Midstream on Unconventional Development: A Geoscience Perspective
Successful and commercial unconventional plays benefit in many cases from midstream activity that occurred decades earlier. In this article, authors look at the evolution of resource plays in light of the availability of midstream infrastructure.
Master Limited Partnerships: The Financial Engine to US Energy Renaissance
Currently, midstream is the fastest growing sector in the oil and gas industry. Master limited partnerships have provided one important means of financing this explosive growth.
Large Vs. Small E&P Company: Corporate Structure and Innovation
Graham Hack shares his experience working for a large and a small E&P company and discusses how the role of young professionals can differ in these companies.
How Oil and Gas Can Help Reduce Carbon Emissions: A Different Angle
Oil and gas by-products can make good construction materials and can reduce CO2 emission from cement production.
Oil in the Digital Age: A Young Professional’s Guide to Petroleum Data Science Organizations in Silicon Valley
A look at the universities, startups, and multinational corporations in Silicon Valley, California, which are applying data science and predictive modeling for oilfield management.
Confronting the High-Stakes Demand for Cybersecurity Talent
This article offers a four-part framework for critical infrastructure organizations looking to overcome the skills gap and create a strong cybersecurity workforce.
The Faces of New Technology and Innovation
What does it take to start your own company using the latest technology? Interview of entrepreneurs Peter Duncan of MicroSeismic and Dakin Sloss of Tachyus.
NPR's Planet Money Series Covers the Oil Business
NPR's Planet Money covers the oil business in a 5-series podcast.
Changing the Game To Change the Bottom Line: Leveraging Innovation for Earnings in the Petroleum Industry
Innovation occurs by thinking differently and creatively. What makes innovation commercial is its desirability to users, its viability in the marketplace, its economic soundness, and its basis in workable technology.
A Young Professional’s Guide to Olympic-Sized Projects Around the World
As Brazil hosts its first summer Olympics in the coastal city of Rio de Janeiro, in the world of oil and gas megaprojects, another type of competition has emerged—that of market share.
Megaprojects: Managing Risks and Controlling Costs
Megaprojects require billions of dollars of investment, multidisciplinary teams, meticulous planning, flawless execution, and cutting-edge technology. To ensure their success, the energy industry will have to focus more on containing project risks, reducing delays, and ensuring faster “first oil."
Current Outlook for Oil and Gas Megaprojects: A Discussion
TWA Forum Section Editors interviewed experts from a diverse set of project types and discussed the development of the projects in the current economic context.
The Megaproject Era Is Far From Gone
As the industry continues to cut back on spending because of the downturn, is it worth getting into or staying involved with megaprojects? A fellow young professional, Sophia Holtsnider, and SPE technical director for production and operations discipline, Jennifer Miskimins, share their views.
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07 December 2018