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Q2, 2018 - Accelerated Profit Growth in the Oil & Gas Sector

  In a quarter where oil prices were at their strongest levels since early 2015, the oil industry largely reported a healthy bump in revenues and profits. Investors and institutions had anticipated this, expecting strong results, but although numbers were healthily in the black all around, not e ...

Easwaran Kanason


Posted 4 months agoOpinion > ProfitsQ2Oil Companies +6

BP’s US$10.5bn acquisition of shale oil asset re-confirms the importance of shale oil in the energy market

  Shale oil is the most significant development in the energy industry ever since coal was replaced by oil as the principal fuel. The noteworthy rise of shale oil extraction over the last few years has taken the market by surprise. The combination of drilling techniques together with developed h ...

Easwaran Kanason


Posted 4 months agoOpinion > Shale GasTight OilOil And Gas Industry Latest News +1

Oil Royalties in Post-Election Malaysia

Last Updated: August 1, 2018   136 views    Business Trends   Here is a brief background story of the growing debate about the allocation of oil royalties in select states in Malaysia.  The election that swept the former ruling coalition out of power in Malaysia three months ago was h ...

Easwaran Kanason


Posted 4 months agoOpinion > PETRONASMalaysiaPakatan Harapan +5

List of Upstream Operators in Malaysia (PSC Contractors)

  Petronas Carigali Conoco Philips Lundin Petroleum JX Nippon Mubadala Petroleum Ophir Energy HESS Kebabangan Petroleum Operating Company, KPOC TOTAL E&P RHP Mukah  Enquest Petroleum Sapura Energy Repsol Exxon Mobil Shell PEXCO N.V. Murphy Oil Ophir Production PCPP Operating C ...

Easwaran Kanason


Posted 4 months agoOpinion > MalaysiaupstreamOil Companies

5+ Do's and Don'ts, Dress code and Interview Aesthetics for the Perfect First Impression!

  An interview offers you a chance to make an impression on a prospective employer. Since it's often the first impression that matters most, what you wear to an interview becomes a powerful tool for projecting an image of skill, competence, and experience. Every industry has expectations when i ...

Easwaran Kanason


Posted 4 months agoOpinion > Interview Dos And Don'tsInterview Dress Code

Infographics: What to expect from the Oil and Gas job?

  Oil and gas industry is one of the most prominent sectors in the world economy and employs varied talents in different fields like drilling in upstream exploration and production to petroleum engineers and research scientists. Each department provides opportunities to multiple skillsets, each ...

Easwaran Kanason


Posted 4 months agoOpinion > Oil and Gas IndustryDrilling In Upstream ExplorationJobs In Oil And Gas Industry

4 Key HR Challenges in the Oil and Gas Industry

  The energy sector is evolving and accepting best practices from other industries with an overall focus on efficiency and continuous improvements. The Human Resources Department plays a critical role in driving these internal activities as well as the growth and expansion of an organization. D ...

Easwaran Kanason


Posted 4 months agoOpinion > Human Resource ChallengesHR ChallengesOil And Gas HR Challenges

The Race to the World’s Largest Crude Producer

  According to the US Energy Department, US crude production hit 11 million barrels per day in early July. This was always seen as an inevitability, but the speed at which the mark has been achieved has been astonishing. It was only eight months ago in November 2017 that the US production reache ...

Easwaran Kanason


Posted 4 months agoOpinion > Crude Oil PriceDemandsupply +5

4 Safety Habits for Oil & Gas Professionals

  Oil and gas jobs are one of the most dangerous jobs in the world since operational conditions, chemicals and end products can pose serious safety issues and health threats to the workers. In the US alone, from 2003 to 2010, the on-job fatality rate was 7 times higher than all other industries. ...

Easwaran Kanason


Posted 4 months agoPress > safetyhuman safetyOil and Gas +1

Supply-side Shock Ahead in November?

  The US has just rebuffed high-level pleas from the European Union to grant exemptions to European companies operating in and with Iran, underlining America's hardline stance in implementing its renewed sanctions on Iran. The goal is, according to Treasury Secretary Steven Mnuchin, is to reduce ...

Easwaran Kanason


Posted 4 months agoOpinion > IranUSSanctions +4

India’s Mega Refinery Takes Shape

Announced in 2015, the West Coast Refining and Petrochemicals Project in India was to have been commissioned in 2022. A joint venture between the three Indian state refiners – IndianOil, HPCL and BPCL – to feed India's soaring energy demand, land acquisition for the refinery in the Ratnagiri distri ...

Easwaran Kanason


Posted 4 months agoOpinion > IndiaMega Refinery

Idemitsu - Showa Shell, One Step Closer

After proving to be a thorn in the side of the planned merger between Japanese refiners Idemitsu and Showa Shell Sekiyu since 2016, the family of Idemitsu's founder Sazo Idemitsu has now acquiesced to the wishes of Idemitsu's board and dropped its opposition to the merger. This paves the way for th ...

Easwaran Kanason


Posted 4 months agoOpinion > IdemitsuShowa ShellJapan +2

Counting Down to Vienna

  Almost everyone seems to agree that US$80/b – at least in this current environment – is not conducive for the oil business. While oil producing countries are reaping benefits right now, they are also worried that prices sustaining at this level will cause demand destruction in key markets like ...

Easwaran Kanason


Posted 5 months agoOpinion > oil priceViennaDemand +7

OPEC, A Friend Indeed

  The magic number seems to be 1 million barrels. At least, that is what has been requested by the US to Saudi Arabia and some other OPEC producers in an unofficial appeal. After President Donald Trump publicly complained on Twitter that ‘OPEC is at it again!!!' when US crude prices surged to th ...

Easwaran Kanason


Posted 5 months agoOpinion > Nrgedge articlenrgedgeOPEC +4

The Growing WTI - Brent Spread

  As of June 1, the spread between Brent and WTI – the two major world oil benchmarks – has widened to US$11/b. This is essentially the widest level in 3 years, and although it pales in comparison to the peak spreads of US$26/b in 2012, it also points to some fundamentals issues within crude supp ...

Easwaran Kanason


Posted 6 months agoOpinion > WTIBrentSpread +2