Business/economics
Mark your calendars for the second SPE Live featuring the 2025 TWA Energy Influencers.
Venezuela shows that vast oil resources alone do not create value. Institutional and political constraints have driven production collapse, and recovery depends on governance reform, stability, and sustained investment.
Boston takes the top spot followed by Atlanta and Seattle in WalletHub's annual report.
-
With the ever-changing landscape in the energy industry, innovation has become more critical than ever. -
While Russia’s invasion of Ukraine has caused rapidly rising oil prices, market fundamentals will remain tight through the short-to-medium term. Absent a rapid increase in US shale investment and OPEC opening up the taps, that means prices could remain stubbornly higher than they have been seen since the 2014 crash.
-
Success of interactions between the operator and all the parties of a project supply chain puts efficiency of contracting practices on the top of the business priorities.
-
Following the 2014 oil price crash, the industry focused on capital discipline, leading to the “Great Moderation.” After almost 8 years of companies cutting costs rather than growing production, renewed optimism in the industry is set to drive capital spend upwards.
-
Sustainable investing has various definitions depending on who is asked. There is evidence to suggest that there may be a disconnect between the current ESG reporting and innovation for sustainability.
-
Some are better at coming up with ideas, others are better at converting them into reality. Innovation needs both.
-
As the oil and gas industry faces persistent pressure to cut down emissions, service companies are seeing opportunities offered by the energy transition. The article looks at how service providers are reshaping their technology stack and service portfolios to cater to the changing needs of the operators.
-
The world is not running out of gas. At almost 400 bcfd, global production exceeded consumption in 2021. The problem is seasonality and geography. Both of these challenges can be addressed through infrastructure investment.
-
SPE young professionals and students face different challenges and have different opportunities than previous generations. A combined organization would be the professional community of choice for a generation of professionals who are committed to driving long-term change across the energy sector.
-
Duc Lam, CEO, TechUSI, shares his experience starting the company and offers his advice to other young professionals who want to become entrepreneurs.
