Business/economics
Boston takes the top spot followed by Atlanta and Seattle in WalletHub's annual report.
In complex energy projects, technical excellence alone is not enough—successful delivery depends on disciplined execution skills such as scope clarity, realistic scheduling, stakeholder coordination, and proactive risk management, particularly for young professionals turning concepts into real-world results.
The event on 14 January in Houston will bring together leading economists and industry leaders and will debut the North American edition of Energython, “Molecule to Megabyte,” a business case challenge for students focused on gas-to-data-center solutions.
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Oil trading is a broad term, incorporating the exchange of physical oil cargoes and trading of paper instruments, which does not necessarily result in physical delivery of oil. It is a complex mechanism composed of several markets—spot, over-the-counter, and futures markets.
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Historically robust demand and hydrocarbon prices in the past have conditioned the industry to regard operating expenditure (opex) as a minor element compared with capital expenditure (capex). There are important lessons about opex that can be learned from our downstream cousins.
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University of Houston professor Michael Economides weighs in on the debate over peak oil.
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Peter Jackson of Cambridge Energy Research Associates presents a macroeconomic perspective on the peak oil theory introducing the concept of an undulating plateau.
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Dennis Smith, Chief Economist of IHS Energy, gives an introduction to commercial analysis of upstream projects, stressing the importance of various inputs, fiscal system interpretation, and presentation of economic indicators.
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Young professionals discuss the future energy mix and the role of renewables.
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Two young professionals respond to the questions posed in this issue's Forum survey.
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Sustained rapid economic growth has made China and India increasingly important in the world economy. The accompanying surge in energy demand from these two countries has been a factor in recent oil price increases.
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The pace of globalization, despite its critics around the world, continues unabated. This reality raises increasingly pressing management issues for multinationals engaged in today’s complex and rapidly changing environment.
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India and China offer significant opportunities and threats to the oil and gas industry and the world economy. Young professionals offer their opinions on these opportunities and threats.