PESA’s Emerging Executives Committee prepares high-performing individuals for their role as the next generation of industry leaders. The Committee develops and carries out their own agenda of events and training seminars, including Leadership Forums, an Executive Leadership Year-Long Program, and the Executive Address Series. PESA recently sat down with...
When you’re part of America’s oil and natural gas sector, you know the names of many of our industry’s largest players—companies such as Chevron, BP, ConocoPhillips, ExxonMobil, Shell, Halliburton and many others.
What’s less well known—inside and outside our industry—is that the oil and natural gas sector is supported by...
Through a series of reactionary blunders, the current administration has served to drain our country’s strategic petroleum reserve (SPR) to levels not seen since the 1980s. A far cry from energy security amid global conflict, releasing reserves has thus far exceeded domestic refining capacity and therefore necessitated exporting. At...
Often referred to as “white petroleum,” lithium is an integral part of the lithium-ion battery that you will find in your phone or laptop, as well as powering EVs and providing energy storage for major electrical grids. However, lithium is proving to be a double-edged sword. The global demand...
This declaration comes from respected energy veteran David Sealock. His stellar career now includes the Chief Executive Officer position at Petroteq Energy, a bold oil producer that’s also an environmental innovator. Petroteq utilizes a revolutionary, cost-effective system that cleanly pulls high-grade oil from tar sands and heavy crude. In fact, Petroteq...
I’m often invited to speak at various conferences and contribute to publications on the topic of gender diversity and inclusion in the oil and gas industry. It’s a huge honor to be asked to share my opinion on this critical issue, and I always want to make valuable contributions...
We are going to learn some definitions and terms to help professionals from industries other than those in the energy sector better understand the natural gas side of the petroleum business. When a company goes out to drill a well, they are generally looking for either oil or gas....
Back to the Future: How Oil and Gas Continues to Shape Texas and the United States
Thomas Shattuck and Andrew Slaughter - 0
The Texas oil and gas boom kicked off in 1901 following the discovery of the Spindletop field near Beaumont, Texas. Referred to as the “Lucas Gusher,” it presaged the rapid expansion of a young industry that has shaped the state’s economy for more than a century, with the ups...
Well, here we go again. It’s not hard to see why oil and natural gas prices are inherently volatile. They are among the most important, if not the most important, commodities in the world. As author Alex Epstein says, energy is the industry that powers every other industry –...
Oil Boom Reaches Sudden End
Concerns over the spread of the coronavirus and its dampening effects on global crude demand combined with the irrational actions of Saudi Arabia and Russia in early March caused crude prices to crater. With analysts like Goldman Sachs, along with the U.S. Energy Information Agency...