Digital transformation. We hear this term used in many different contexts in our day to day conversations. Regardless of when or how it is used, one thing is clear, digital transformation could be the key to ensuring an organization’s survival over the next several years. During the recent Enaxis...
Developing and executing a strategic plan to help manage real estate and occupancy costs is an important consideration for oil and gas companies. A well thought out plan will have long term financial implications and will impact the ability to attract and retain talent moving forward. By sharing some...
If you liked doing business in 2017, it appears that you will love doing business in 2018. Kiplinger is among those with a rosy forecast; citing data from the Bureau of Economic Analysis at the U.S. Department of Commerce, the business publisher says we can look forward to a...
COVID-19 represents a sea change for retail services that will alter the customer experience for years, perhaps decades to come. What at first appeared to be a temporary aberration is taking on a measure of permanence. Some have even resorted to reframing the popular aphorism as the new “abnormal.”
Key...
Every entrepreneur I’ve met wants to go faster. Whether that means faster processes, faster content creation or faster sales, people like us are hard-wired to chase momentum. But in my experience, entrepreneurs often overlook their single biggest weapon in increasing the speed of growth: their company’s culture.
One of the...
The Port of Corpus Christi Authority reached several milestones in the development of the crude oil export terminal on currently planned for Harbor Island, Texas.
Corpus Christi-based Lone Star Ports, LLC (Lone Star Ports) will lead the development of the Terminal, the first U.S. onshore export terminal servicing fully-laden Very...
For public companies with a Dec. 31, 2018, fiscal year-end, new hedge accounting rules will become effective Jan. 1, 2019. The FASB issued the new hedge accounting guidance Aug. 28, 2017, through Accounting Standards Update (ASU) No. 2017-12. The ASU provided the election to early adopt the new guidance...
In the new shale-dominated world, we all know that the industry is changing. With threats ranging from geopolitical issues to the rise in electric vehicles and alternative fuel sources, we need repeat investors now more than ever if we’re going to stay in business. If we turn people off...
The oil and gas industry is not immune to the staggering labor and employment issues caused by the global pandemic. This industry experienced nearly 200,000 job cuts, approximately 20% of the workforce. However, some predict the workforce will rebound to pre-pandemic levels by 2027. Despite this setback, the industry...
Since its inception, technology has driven the development and transformation of the oil and gas industry. Technologies to locate and extract oil and gas reserves enabled the shale revolution, and a new revolution is around the corner for oil and gas exploration and production companies. While it might sound...
