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Even in today’s world of extreme weather, security breaches and other reasons that seemingly cause insurance rates to skyrocket, it’s easier than many think to reduce your commercial insurance premium. How, you ask? Make your business marketable to insurance carriers. Brokers aren’t controlling the price of your premium. Think of...

A Tale of Caution

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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...
Due to COVID-19, retail shopping will never be the same
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...
Commodity Hedging
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...
Blockchain in energy
Blockchain in Energy Blockchain technology is the simplest form of the public ledger and shared database that assists in identifying, tracking and tracing every transaction on the enterprise blockchain network. These transactions are recorded in the form of blocks. These blocks are added to the blockchain in a linear and...
Military action leading to closure of the Strait of Hormuz between Iran and Saudi Arabia could seriously disrupt global trade in chemicals and oil products, with a knock-on effect for the world’s already fragile manufacturing economy. The U.S. killing of General Qasem Soleimani, head of the Iranian Revolutionary Guards’ overseas...
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Entropy, life-cycle accounting and the circular economy are terms and concepts indicative of how society now looks at the world differently than previous generations. As the global population pushes toward ten billion people by the end of this century, thoughtful approaches to sustainability will become ever more essential to...
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When and where does leadership start? It begins in childhood and develops throughout a lifetime. One’s values and belief systems form the behaviors they bring to leadership. Their self-esteem and self-image play a huge role in the confidence they project. Business acumen, critical thinking and experience contribute to their...
SHALE Featured May June 2019 4
As we move further into 2019, we’d like to give an overview of the trends we see developing in the cybersecurity and data privacy area for the year. We’ll be sure to elaborate on these areas with more details as they unfold. State legislation continues to move the data privacy...
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In business and entrepreneurship, there are few bigger buzzwords today than “hustle.” It’s on shirts and hats, in hashtags and social media profiles. While I have nothing against working hard, I’m noticing a problem with this hustle mindset: Entrepreneurs are making “hustle” their main goal. They feel like as long...