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.
Interview: Kevin Birn, IHS
IHS’ Kevin Birn discusses the challenges facing the Canadian oil sands and the outlook for the future. Kevin Birn is part of the IHS North American Crude Oil Markets’ team and leads the IHS Energy Oil Sands Dialogue.
Winning in Acquisitions and Divestitures: Advice to Young Professionals in a Changing Company Landscape
Andy Rogers, vice president of business development at Encana, shares his thoughts on the current state of the industry and provides career advice to young professionals amid the A&D landscape.
The Price Is Right: What Makes an M&A Deal Go Round, and What You Can Do When Companies Combine
The TWA Forum editors discuss with experts about what is driving the market, and how to prepare yourself if you are employed on either side of a M&A transaction.
Motivations for Mergers and Acquisitions in E&P
This article discusses the relationship between commodity prices and M&A activities and explores what drives corporate acquisitions.
Smart Money: How Engineers Are Transforming Traditional M&A
While the industry copes with falling prices, M&A activity is likely to be hot. Most investment banks now value engineering expertise. Could banking be part of your future?
Upping the Ante on Technology and Leadership in Challenging Market Conditions: Part 2
Judith Dwarkin shares her career path and outlines key skills that young professionals will need in any business environment.
The Impact of Oil Price Volatility in Russia and China
How oil prices affect the economies of countries differently.
Keystone XL Pipeline: Rhetoric vs. Economics
Craig Pirrong of Bauer College of Business discusses the economics of Keystone.
Effect of Commodity Prices on the Engineer, the Industry, and the World
Ward Polzin’s comments on the effect of commodity prices on the engineer and the industry.
The Sky is Falling—Again
Euan Mearns of Energy Matters blog, Jared Wynveen of McDaniel & Associates Consultants, and James Fann of Cenovus Energy share their perspectives on the oil price downturn.
Current State of the Industry: A Recruiting Agency’s Perspective
In a challenging market condition, an astute observation of the investment flow in the industry can help young professionals land in good jobs.
Commodity Price Cycles: Explained by an Expert
Oil and natural gas are the lifeblood of modern economies. Together, they account for close to 60% of global commercial energy consumption. So why are prices so volatile?
Turbulent Commodity Prices and the Turmoil for Young Professionals
For young professionals, understanding the governing principles of oil price and connecting them with facts is key to facing the price turmoil.
Ralph Eads III, Vice Chairman, Global Head of Energy Investment Banking, Jefferies LLC
Eads, vice chairman and global head of energy investment banking for Jefferies, on the factors affecting the oil price and the impact on the banking sector.
Reflections: The Last Decade and the Next Decade
The past technology-driven decade and the economic challenges ahead.
Recruitment Trends and Talent Management—10 Years: A Panoramic View
Recruitment trends and talent management—a 10-year panoramic view.
Is the Industry Ready for a Change in Leadership?
As the age of industry workers is shifting, companies are having to rethink their staffing approaches, focusing more on diversity and on leadership training. They also need to address knowledge transfer mechanisms.
The Past and Future Decade: Industry Leaders Speak Their Minds
The past and future decade: Industry leaders Eve Sprunt and Luis Rodriguez speak their minds on a host of industry topics.
Developing a Long-Term Oil and Gas Liquids Supply Outlook
Developing a global oil and gas liquids supply outlook is not a common petroleum engineering assignment. Ted Pirog discusses how he learned it was important and how he approaches that task as part of ExxonMobil's energy outlook.
Oil and Gas Job Security— From an Economic Viewpoint
Job security in the oil and gas industry depends on a few major factors that can have either a positive or negative impact on the industry’s people and profits.
Upstream Petroleum Economic Analysis: Balancing Geologic Prospectivity with Progressive, Stable Fiscal Terms and Instruments
Wumi Idelare, LSU, provides a primer on petroleum fiscal systems worldwide and discusses how the terms and requirements may potentially affect the attractiveness of a country's resources for development.
Entrepreneurs’ Economics: Key Lessons From YP Entrepreneurs
The oil and gas industry is a veritable breeding ground for those who want to make the dream of entrepreneurship a reality. However, this dream cannot be achieved without a significant amount of personal risk and hard work
Entrepreneurship in YPs: What Does It Take?
Two YPs discuss how they became entrepreneurs, their success, and the biggest challenges they faced in starting their own business.
Whither Enterprising Young Exploration and Production Professionals?
Insight into India's oil and gas history, entrepreneurship, and his own success from Raj Kanwar, founder of SK Oilfield Company.
Amjad Bseisu, Chief Executive Officer, Enquest, and Chairman of the Board, Enviromena Power Systems
Amjad Bseisu, CEO at Enquest discusses the energy business and his entrepreneurial career in oil and gas.
Mature Oil Fields: Preventing Decline
A discussion of mature oil fields focusing on preventing decline.
Developments and Challenges of Mature Oil Fields
Shell's Salil Banerjee talks about the challenges of mature oil fields.
The Appeal of Mature Fields
The significance of mature assets to the operations of companies large and small.
The Young Professional's Guide To Abu Dhabi: United Arab Emirates
Find out more about the oil and gas industry in Abu Dhabi, United Arab Emirates, and what it is like to travel there.
Oil and Gas Professionals’ Perspectives on Common Public Perceptions of the Industry
Cairo University’s Ahmed El-Banbi and Science Based Solutions’ Geoffrey Thyne give their perspectives on common public perceptions of the oil and gas industry.