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Kilduff: Obama may have done the oil industry a favor
Kilduff: Obama may have done the oil industry a favor
The Obama administration may have done U.S. drillers a favor by holding back drilling on federal land, Again Capital's John Kilduff said.
Shale gas production rising as drillers become more efficient
Shale gas production rising as drillers become more efficient
Natural gas futures have soared since March on speculation that supplies are finally falling after a decade of gains. Production numbers tell a different story.
Oil industry brushes off concerns about France banning natural gas from US
Oil industry brushes off concerns about France banning natural gas from US
The leader of a powerful oil group thinks a possible French ban on U.S. natural gas is an "aberration" in Europe and doesn't anticipate other countries following France's lead. Jack Gerard, president and CEO of the American Petroluem Institute, brushed...
How to hold your team accountable (without micromanaging)
How to hold your team accountable (without micromanaging)
The best leaders hold their team accountable, but the best leaders also know that micromanaging is a terrible idea. We all know that micromanaging is bad. Employees become unmotivated, it's a waste of time for everyone involved and employees never grow.
Women, minorities to see growth in job opportunities in oil, gas
Women, minorities to see growth in job opportunities in oil, gas
Almost 2 million job opportunities lie ahead for women and minorities, according to a new report by IHS that examines demographic and labor market trends in the United States for the next 20 years. The report "Minority and Female Employment in the Oil ...
John Hess: Producers can't lose sight of long term
John Hess: Producers can't lose sight of long term
Shale oil producers, currently slicing their budgets, shouldn't focus too much the current, $30 a barrel oil environment, Hess Corp. CEO John Hess warned.
Wyoming economist sees hope for oil industry
Wyoming economist sees hope for oil industry
While Wyoming's oil industry continues to struggle, a state economist says he is seeing some glimmers of hope.
The danger of missing climate change policies in business forecasts
The danger of missing climate change policies in business forecasts
Between 2010 and 2016, the U.S. coal industry was subject to some of the most extremes booms and busts. Expecting a super cycle driven by growth in emerging markets, big players entered risky acquisitions to increase their market shares — in many...
The 5 habits of spectacularly successful bosses
The 5 habits of spectacularly successful bosses
As written by Sydney Finkelstein, professor of business at Dartmouth College, "The imperative to innovate is greater than ever, but what should bosses and executives do to amp up creativity? Over the last 10 years, I've studied how the world's best bos...
The top 5 introvert leadership challenges (and how to beat them)
The top 5 introvert leadership challenges (and how to beat them)
Giving a singular voice to a group of people is hard work. Finding the little things that make people tick and motivating them toward a common goal is equally difficult. Those are big leadership challenges.
The 1 quality that makes a truly great leader
The 1 quality that makes a truly great leader
There's no single quality that makes a great leader. Looking across industries, great leaders have different management styles, demeanors, skills and experiences. However, the one quality every great leader has in common is the ability to relate.
White House: US energy economy diversified
White House: US energy economy diversified
A balanced energy portfolio suggests the U.S. economy won't take any major hits from lingering weakness in the oil sector, a White House spokesman said.
Animation: Oil imports to the US have shifted dramatically over 15 years
Animation: Oil imports to the US have shifted dramatically over 15 years
While green energy is making inroads particularly at the electrical grid, the majority of energy in the United States is still consumed by the industrial and transportation sectors. Today, it's still true that about 90 percent of all energy used for tr...
The 1 question every successful leader can answer
The 1 question every successful leader can answer
Never, ever lose sight of why you are in business. This goes deeper than the notion of providing better products or services to a particular type of customer or market.
The 7 habits of real leaders
The 7 habits of real leaders
Ever wonder what life was like before we had gazillions of self-help books and blogs to tell us which habits and routines will make us more effective, productive, liked and even happy? How we should and shouldn't talk, behave, work and live?
Venezuela: A burden for US oil services?
Venezuela: A burden for US oil services?
After Schlumberger took steps to lower its exposure to Venezuela, RBC Capital Markets offers an assessment of oil field services companies' exposure to the indebted and cash-poor country.
Governor, industry urge cautious hand in regulating oil, gas
Governor, industry urge cautious hand in regulating oil, gas
Collaboration and negotiation allowed Colorado to draw up oil and gas regulations that protect the public and the environment while encouraging a lucrative state industry, the governor and the president of an industry group say.
Shale gas proves more resilient than US government expected
Shale gas proves more resilient than US government expected
America's energy explorers have become so good at pulling natural gas out of the ground that government forecasters are having a hard time figuring out how much they're producing. This month, the Marcellus Shale formation, the country's biggest gas pla...
The global oil industry: How the oil majors are adapting to a new era
The global oil industry: How the oil majors are adapting to a new era
In 1998, the Asian economic crisis plunged the world closer and closer toward global crisis. Benchmark oil prices soon plunged from $24 to $12. The future of the industry looked gloomy. This transformation in the oil price environment sparked t...
1 quality that makes a great leader
1 quality that makes a great leader
In every organization, there are two types of leaders - office occupiers and real leaders. Office occupiers are executives who dwell in a lavish and much sought-after office, yet do not have any meaningful leadership capacity.
Almost half of new US oil from fracking
Almost half of new US oil from fracking
Nearly half of the oil produced in the United States came as a result of hydraulic fracturing last year, the U.S. Department of Energy said.
Oil well drilling permits rise, offering hope of recovery
Oil well drilling permits rise, offering hope of recovery
At least a few Texas oil drillers seem to think the oil collapse has hit bottom.
Brexit: The outlook for European renewables and UK's energy mix
Brexit: The outlook for European renewables and UK's energy mix
If there is one thing the energy industry hates, it is uncertainty. This distaste for uncertainty also applies to investors in nuclear and renewable energy sources. The political tremors that followed the Brexit vote have left all sectors speculating ...
3 secrets of leadership presence
3 secrets of leadership presence
Less than five years is the median tenure of today's Fortune 500 CEO. In this climate of constant change, you can't afford to rely on old relationships — you need to build an instant connection.
Where to put 3,000 new gas wells in southwestern Colorado?
Where to put 3,000 new gas wells in southwestern Colorado?
For some, it's obvious: Why wouldn't you meticulously plan the location of a predicted 3,000 new oil and gas wells to protect natural lands like Mesa Verde National Park and Phil's World mountain bike trails? For others, it's merely a tactic to delay t...
Wildcatters try to strike Alaska's next big oil score
Wildcatters try to strike Alaska's next big oil score
For the past 50 years, the oil fields of Alaska's North Slope have been dominated by BP, Exxon Mobil and ConocoPhillips. The big three produce much of the state's oil and gas, but independent drillers are now trying to pioneer the Last Frontier's energ...
Goldman: Oil at $35 is 'goldilocks' ideal for US explorers
Goldman: Oil at $35 is 'goldilocks' ideal for US explorers
Oil at $35 a barrel is neither too high nor too low but just right to make shares of U.S. explorers worth buying, according to Goldman Sachs Group Inc. While prices of crude at that level are above cash costs of production, they will deter a reboun...
What happens when you empower employees instead of micromanage them?
What happens when you empower employees instead of micromanage them?
It's difficult to take ownership and focus on being productive with your boss leaning over you, watching your every move. At workplaces where managers demand to sign off on all work orders, employees are often left waiting for approval on several proje...
10 words that kill or boost your credibility
10 words that kill or boost your credibility
The words you use are more powerful than you imagine. Most people greet each other with words that have no power.
Report: Mexico to hold auction for access to shale south of US border
Report: Mexico to hold auction for access to shale south of US border
After cancelling plans in 2015 due to weak commodity prices, Mexico has decided to push through with the private bidding round for its shale oil and gas fields within 2016, Bloomberg News reported March 17.
Industry: New EPA fracking study is 'solution in search of a problem'
Industry: New EPA fracking study is 'solution in search of a problem'
The U.S. Environmental Protection Agency recently requested funding to study the effects of hydraulic fracturing on air quality, but oil and gas industry advocates promptly dismissed the proposal as unnecessary. In its budget request for the 2017 fisca...
As Obama said Keystone XL 'not in the national interest,' US saw record-high Canadian oil imports
As Obama said Keystone XL 'not in the national interest,' US saw record-high Canadian oil imports
Government data released more than five months after President Barack Obama said importing more Canadian oil would "not serve the national interests of the United States" shows that America got more oil from Canada in 2015 than ever before.
The impact of Brexit on the oil and gas industry
The impact of Brexit on the oil and gas industry
The decision by the British people to exit the European Union was for many a surprise and sparked turmoil in global markets. The British pound dropped to a 31-year low, while investors poured money into the dollar, yen and gold. An estimated $2 tri...
Wall Street banking on oil recovery in flurry of shale stock deals
Wall Street banking on oil recovery in flurry of shale stock deals
Stock market investors have poured nearly $13 billion into U.S. oil companies trying to profit from the surge in crude prices, in a sign the market is convinced the worst of the oil bust is over.
6 leadership traits seldom mentioned
6 leadership traits seldom mentioned
The lesser known qualities of leadership get far less mention, but still they play a huge role in determining success over a leader's lifetime.
2016: Lower oil budgets but resilient production
2016: Lower oil budgets but resilient production
Early reports and projected guidance have 2016 exploration and production budgets down by roughly one-third and expected production roughly flat or down slightly, according to an early assessment by Citi Research.
The do's and don'ts of a 1st meeting
The do's and don'ts of a 1st meeting
First meetings are awkward for everyone. Names are flying from one end of the room to the other, only to be immediately forgotten. Nobody knows each other yet, and there's no real sense of how the meeting is going to turn out.
Barclays: Oil prices set to peak sooner than expected on supply shortage
Barclays: Oil prices set to peak sooner than expected on supply shortage
Barclays is the latest bank to raise its forecast for medium-term oil prices, saying it now expects them to peak sooner than expected as a supply shortage develops.
Oil-rich university aims to unlock more wealth from shale acres
Oil-rich university aims to unlock more wealth from shale acres
The University of Texas is looking for new ways to cash in on 2.1 million acres of prime oil assets obtained through land grants more than a century ago.
6 leadership styles that are crushing workers' enthusiasm
6 leadership styles that are crushing workers' enthusiasm
Crushing work environments drain people of the energy and enthusiasm needed to do great work. Such environments infect the whole workplace, and what's worse, they limit a business's ability to achieve desired results.
Perfecting your leadership style to create an effective team
Perfecting your leadership style to create an effective team
Leadership from essence is not an event, nor is it a one-time thing you do to make you and your team feel good. In today's business environment, paying attention to market dynamics, competitors, your customers' needs and your internal team takes lots o...
Trafigura sending shipment of US oil through Panama Canal
Trafigura sending shipment of US oil through Panama Canal
After heading as far as Israel and China, unrestricted U.S. crude oil exports are set for another first since a 40-year ban on overseas sales was lifted three months ago: crossing the Panama Canal.
Is this a game changer for the US oil industry?
Is this a game changer for the US oil industry?
A lot is going on with global oil these days, particularly in regards to shifting supply balances around the world.
The future of Big Oil? At Shell, it's not oil
The future of Big Oil? At Shell, it's not oil
At Australia's Curtis Island, you can see Big Oil morphing into Big Gas. Just off the continent's rugged northeastern coast lies a 667-acre liquefied natural gas terminal owned by Royal Dutch Shell, an engineering feat of staggering complexity.
19 soft skills every leader needs to be successful
19 soft skills every leader needs to be successful
The most successful leaders have not only mastered technical skills, they've also mastered soft skills.
Study: Fracking isn't poisoning America's water
Study: Fracking isn't poisoning America's water
Hydraulic fracturing, or fracking, for natural gas has essentially no effect on local water quality, according to a study published by scientists at the University of Texas at Arlington. The researchers collected and analyzed private well-water samples...
4 power questions that will cultivate your leadership tree
4 power questions that will cultivate your leadership tree
Most agree that there are many traits of a true leader, including: highly competent, professional, visionary, trustworthy, instill confidence, good communicator and, of course, courageous. But great leaders have three other qualities that further set t...
Russia and Saudi Arabia's oil deal: Tactics, strategy or the end of OPEC?
Russia and Saudi Arabia's oil deal: Tactics, strategy or the end of OPEC?
Imagine, if you will, the titans of the smartphone world — Apple and Samsung — meet in a Silicon Valley board room to strike a historic price-fixing deal amid a cycle of depressed smartphone prices. Tim Cook and Lee Kun-Hee agree to freeze ...
Project proposes to unlock Utah oil shale
Project proposes to unlock Utah oil shale
The world may be overflowing with a glut of oil, but that has not stopped an Estonia company from pursuing what would be the United States' first commercial production of oil shale in a remote section of Utah.
Trump takes the complexity out of energy for voters
Trump takes the complexity out of energy for voters
Energy market watchers had been eagerly awaiting Republican candidate Donald Trump's recent appearance at a North Dakota oil and gas conference. Until then, his campaign had been hazy on the details of any energy policies a Trump presidency might bring...
4 ways a follower can become a leader
4 ways a follower can become a leader
Do you consider yourself a follower? Have you always wanted to become a leader? What, exactly, distinguishes the two?
Oklahoma City company upgrades software design, enabling it to expand despite oil downturn
Oklahoma City company upgrades software design, enabling it to expand despite oil downturn
While most oil and natural gas companies have slashed budgets and many have laid off employees, Reagan Resources this year has doubled its staff and added clients.
With $50 oil, this US shale company plans return to drilling
With $50 oil, this US shale company plans return to drilling
As oil hovers near $50 per barrel, Pioneer Natural Resources has become more optimistic and is planning for the return of five to 10 rigs, once it is confident the upturn in oil is more sustainable. "I think it is fair to say we're more optimistic ...
Chart: Where next for the US shale revolution?
Chart: Where next for the US shale revolution?
One of the many casualties of the oil price collapse has been U.S. shale. The technological progress which paved the way for the country's energy revolution cannot be destroyed, but the last two years have been devastating for what is still a young ind...
IEA: If oil keeps rising, some marginal US production could be 'switched back on'
IEA: If oil keeps rising, some marginal US production could be 'switched back on'
The International Energy Agency believes U.S. oil production will come down by 600,000 barrels a day this year, but if crude prices keep rising, some of the marginal production baked into that forecast could be "switched back on."
Oil producers want US to restrict imports
Oil producers want US to restrict imports
New Mexico and western Texas oil producers are gearing up for a national effort to draw all major U.S. oil basins into a grassroots movement to restrict crude imports from overseas.
Creating effective teams helps an organization stay on top
Creating effective teams helps an organization stay on top
People are the heart of any organization, yet leading a team of employees is often referred to as "herding cats." So what is the best approach to creating effective teams and team members? Teams are dependent upon the people within them, and the keys t...
When to bring a coach into your organization
When to bring a coach into your organization
Coaching can be a valuable tool. Like with any tool, though, it helps to know what you can use it for and, of course, how to use it. Coaching is a great way to help employees at any level through some sort of transition. Specifically, it is an effectiv...
Next hot spot for shale drilling? Argentina
Next hot spot for shale drilling? Argentina
Argentina has exceptional hydrocarbon reserves, but politics have greatly affected its development.
Experts on lifting of the crude export ban: We're all winners
Experts on lifting of the crude export ban: We're all winners
Energy executives representing all sectors of the oil and gas sector believe opportunities lie in the recent lifting of the crude export ban. During a panel session at the KPMG Global Energy Conference, C-suite executives in upstream, midstream and dow...
Shale oil isn't Saudi Arabia's only nemesis
Shale oil isn't Saudi Arabia's only nemesis
Even if Saudi Arabia wins its struggle with U.S. shale producers over market share, it will face a new billion-barrel adversary. It won't be regional nemesis Iran, a resurgent Iraq or long-standing competitor Russia.
5 successful leadership qualities to be the leader everyone wants to follow
5 successful leadership qualities to be the leader everyone wants to follow
Being a leader is not as easy task nowadays. There are a lot of aspects that a leader needs to focus upon in order to drive success.
Here's what it costs to drill a shale well these days
Here's what it costs to drill a shale well these days
It's been getting cheaper to drill and complete oil and gas wells since 2012.
4 easy ways anyone can start developing leadership skills at work
4 easy ways anyone can start developing leadership skills at work
Ever feel like you're at the bottom of a long chain of authority? Pretty sure there aren't enough resources at your company to help you develop essential skills that'll get you moving up that chain? Well, you're not alone.