Most companies track inventory as a regular part of operations – and many work hard to find the right balance. Too little inventory could mean lost sales, while too much ties up valuable cash that could be used elsewhere. Oil and gas companies face the same dilemma....
Many downstream organizations suffer from “R vs. M” instead of “R&M” – their refining and marketing groups can often work in silos. One key difference relates to apparel. As a young boy, I was amused and intrigued by the outfits my grandfather wore when working...
I always like to hear arguments from the other side. Here is an interesting and provocative article claiming that US LNG will NOT be competitive in Europe. Paragraph 5 actually implies it HELPS Europe that its gas supply is under the thumb of Russia’s president....
More blackouts in Venezuela. Of course, socialist leader Maduro blames “sabotage.” Please be thinking of the suffering citizens of Venezuela and hope this tyranny ends soon.
The St. Croix refinery in the Virgin Islands shuttered in 2012. Is this an early indication that it may be reopened?
Looks like the EU will build more LNG import facilities – opening up more markets for LNG producers and help Europe reduce its energy dependence on Russia. Energy and geopolitics are entwined in so many ways.
