Posts Tagged ‘talent’

People in the US are increasingly going where the oil and natural gas are

The footprint of the growing US oil and gas industry is very much on display in the Census Bureau’s report on the fastest-growing metropolitan areas and smaller cities.

The Census Bureau is known for its decennial counting of the number of people in the country. But it also does annual updates that use a variety of data rather than the  head counting that takes place every 10 years.

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Moot court contest will focus on hydraulic fracturing

Beginning this week, about a hundred college students and coaches will be experiencing a trial by fire, or if you like, trial before real judges on a real hot button issue: fracking.

They will be appearing in moot court sessions in which they will be arguing the pros and cons of the practice that has dramatically changed the US energy market. On the last day of the three-day encounter, the top students will be making their cases before real judges. One is a judge on the West Virginia Court of Appeals; another is a West Virginia Supreme Court justice. Two sit on US District Court benches in West Virginia.

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Unconventional oil and natural gas jobs, revenues are growing even in non-producing states

If you happen to run into some folks at your holiday parties with a grumpy view of the oil industry, here’s one counter-measure.

Before you head out there, read the latest IHS report on the sizeable impacts of unconventional oil and gas on  jobs and revenues in both producing and non-producing states, and quote some of its compelling numbers to the Grinchy nay-sayers.  The study serves as an impressive New Year’s toast to the unconventional oil and gas industry, which was virtually non-existent a dozen years ago.

The business consultancy’s report, issued this week, isn’t overly long at 27 pages. But the vast amount of statistics it contains, in addition to several appendices, is eye-opening.  It can be found here.

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London airports debate raises tough questions for future of Scotland’s oil capital

More than a hundred thousand workers in the heart of the UK’s oil and gas industry in Aberdeen could find themselves slowly cut off from London’s financial markets and government halls if the country doesn’t find a way to expand airport capacity around the capital soon.

Nicol Stephen, a Scottish Liberal Democrat peer in the House of Lords, told the house in a debate on Wednesday that busy airports around London, and fee structures that favor long-haul trips over flights within the UK, mean some airlines could cut services. Stephen cited a decision by UK domestic carrier Flybe to close its Aberdeen-to-Gatwick route in October as evidence.

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Caltex Australia shows its feminine side

In what is traditionally a male-dominated industry, one of Australia’s oil refiners is showing its feminine side, recently unveiling what is believed to be the nation’s most generous workplace support package for new parents.

Caltex Australia, which is chaired by a woman, says the move is “ground-breaking” because it goes beyond corporate Australia’s traditional focus on giving employees paid leave just before and after the birth of a baby, to focus on providing cash for parents to make their own childcare choices after they are back at work. Read the rest of this entry »

Australia’s Woodside: a tale of two CEOs

Former Woodside Petroleum chief executive Don Voelte made a surprise return to the Australian corporate scene in late June when he was appointed chief executive and managing director of Perth-based Seven West Media, the largest diversified media business in the country.

Analysts, who professed to being shocked by the announcement, were quick to point out Voelte’s lack of experience heading a business which owns Australia’s largest commercial television network and its second-biggest magazine publisher. Seven West Media also owns The West Australian, the leading metropolitan newspaper in the state of Western Australia, of which Woodside’s home Perth is the capital.

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Riding out the storm: oil traders return to the majors

The typical rite of passage for an oil trader at a major has traditionally been to take all that they learn and then go seek their fortune in the higher paying world of the trading houses. Within the majors those charged with training fresh faced graduates and making oil traders of them would joke that this constant flow of traders meant that they “trained the best and kept the rest.”

 

But, in a world where job security is of increasing importance, the tables are turning and traders are now staying put at the oil majors and even returning to them from roles in trading houses.

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A long-time observer says goodbye to a revived US oil industry

Thursday, May 31, will mark a milestone in the US energy industry. That’s my final day as a reporter for Platts Oilgram News, where the last eight years have capped a 44-year career in journalism. When they hear I have retired, some will say goodbye, some will say good riddance and others will call it the only good news I have ever reported. If I have done my job well, however, most won’t even know who I am, never having been outraged enough by a misquote to double check the byline at the end of the story.

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The energy talent crunch hasn’t skipped Alberta, where it might be worse

The worldwide problem of attracting and retaining talent in the energy industry isn’t any less acute in Canada, and in particular, Alberta. In fact, Sean McBurney thinks it is worse.

McBurney is senior client partner member of the global energy & industrial markets practice of Korn/Ferry International, the worldwide executive search firm. He’s based in Calgary.

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After they leave CFTC, commissioners find work quick

Earlier this month, the Washington, DC law and lobbying giant Patton Boggs announced that recently retired Commodity Futures Trading Commission member Michael Dunn had joined the firm as a senior policy adviser.

The announcement was interesting, considering that Dunn had not discussed his post-CFTC career plans publicly, but was certainly not a shock given the post-agency paycheck choices of nearly every commissioner who left the CFTC since it was created by Congress in 1974.

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