Tag

oil

Corporations, Organizations, Podcast

Columbia Energy Exchange: Hosnia Hashim

November 7, 2016

For many years, the petroleum industry has had the reputation of being a male club. With far more men than women occupying jobs and running the business, the sector faces the challenge of bridging the gender gap. On this episode of the Columbia Energy Exchange, host Bill Loveless speaks with Hosnia Hashim, Deputy Chief Executive Officer of Kuwait’s Petrochemical Industries Company, who has more than 25 years of experience in the sector. Their conversation followed a Women in Energy event at the Center on Global Energy Policy in New York where Hashim was a guest speaker. Among the topics they discussed include: How Hashim arrived in Kuwait’s petroleum industry and her path through the ranks; Opportunities for women in Kuwait’s petroleum sector compared to other Middle East nations; Steps taken by Kuwait’s government to promote education of women in science,  technology, engineering and…

Continue reading
by Bill Loveless
Article, Consumer, Corporations, Economy / Finance, Energy

Oil companies slip in new list of leading energy firms

October 2, 2016

Integrated oil majors like ExxonMobil, Chevron and Shell once dominated the standings of the world’s leading energy companies, with assets, revenue and earnings far outpacing just about everyone else. That’s not the case anymore, as companies that sell electricity and refine crude oil into fuel are gaining ground, as seen in a new survey by S&P Global Platts, a provider of energy information and benchmark prices. (Read more)

Continue reading
by Bill Loveless
Article, Economy / Finance, Energy, International, Organizations

OPEC meets this week as oil optimism builds

September 25, 2016

The OPEC oil cartel plans to hold an informal meeting in Algeria this week to consider whether steps should be taken to stabilize oil prices following a slump of more than two years. Ministers of the 14 OPEC nations flirted with a similar notion earlier this year in a meeting with Russia in Qatar, but the prospect of a freeze in oil output failed because rivals Saudi Arabia and Iran refused to back off on their drives to increase market share, regardless of price. (Read more)

Continue reading
by Bill Loveless
Article, Corporations, Economy / Finance, Energy, Government and Politics

Oil’s slide will affect sector for ‘some time,’ CEO says

September 11, 2016

Still in the midst of their worst downturn in 30 years, big oil companies warn that world oil markets are likely to remain vulnerable to sharp swings in prices for years to come. Among the latest alerts is one from Ryan Lance, chairman and CEO of ConocoPhillips, the world’s largest independent exploration and production company. (Read More)

Continue reading
by Bill Loveless
Article, Energy, Government and Politics

Trump’s ‘king of energy’ gets GOP stage

July 19, 2016

Energy isn’t a marquee event at the Republican National Convention in Cleveland. But the topic will have its moment in the spotlight Wednesday night when the man dubbed the “king of energy” by Donald Trump will take to the podium at Quicken Loans Arena. Harold Hamm, who like Trump has made billions of dollars in his career, sees the candidate as someone who will rally behind independent oil and gas producers such as himself as they try to regain their footing in a glutted market. (Read more)

Continue reading
by Bill Loveless
Article, Consumer, Corporations, Economy / Finance, Energy, Government and Politics, International, People

Oil supply uncertainty helps pump up prices

June 13, 2016

With oil markets stuck in a slump for two years now, it’s easy to forget how much a sudden loss of supply can impact prices. But the U.S. Energy Information Administrationreminds us of that risk in a new report that puts “unplanned” oil supply disruptions throughout the world at a five-year high in May. (Read more)

Continue reading
by Bill Loveless
Article, Energy, Government and Politics, International

Trump’s take on oil, OPEC? N.D. speech may offer details

May 22, 2016

As is the case with most of his policy stands, Donald Trump has spoken only generally about how he thinks Washington should treat energy production in the U.S., expressing strong support for the oil, natural gas and coal industries, and promising to cut funding for what he sees as excessive regulation. But this week in North Dakota, the presumptive Republican nominee for president may reveal more about his views on promoting domestic energy, and perhaps take another shot at Saudi Arabia, the leader of the Organization of the Petroleum Exporting Countries (OPEC). (Read more)

Continue reading
by Bill Loveless
Article, Corporations, Economy / Finance, Organizations

Offshore drilling prospects dim amid productivity focus

May 8, 2016

The annual Offshore Technology Conference in Houston is one of the premier expositions of breakthroughs that enable oil and natural gas producers to reach deeper into the ocean faster, cheaper and safer. Unfortunately for the vendors displaying new implements at NRG Park this past week, the prolonged downturn in oil and gas prices makes it difficult for producers to expand their tool kits when they’re cutting investments and personnel. Bernard Looney, the chief executive for BP’ s global upstream operations, acknowledged as much in his presentation at the event. (Read more)

Continue reading
by Bill Loveless
Article, Economy / Finance, Energy, Government and Politics, International

Venezuela turmoil may alter region’s energy landscape

May 1, 2016

With Venezuela on the brink of economic collapse and oil prices low, Caribbean and Central American countries have an opportunity to cut their reliance on Caracas for oil and switch to low-carbon alternatives. The turmoil in Venezuela is only worsening, with President Nicolás Maduro having just reduced his country’s workweek to two days in the midst of an energy crisis. It comes as officials from Caribbean and Central American nations prepare to attend an energy summit in Washington where expanding international cooperation and improving energy security in the region will top the agenda. Vice President Joe Biden will preside over the May 3-4 meeting. (Read more)

Continue reading
by Bill Loveless