World Energy Source®
                                                    
World Energy Magazine Vol.10 No.2

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  Energy Security and the Leadership Challenge

David J. O'Reilly
Chairman and CEO
Chevron Corporation

Despite a growing awareness of energy issues, the United States and its energy industry still have not made many of the required changes in energy strategy or policy. The author offers several ideas for moving the discussion forward on a pragmatic, realistic path. With the right kind of centrist thinking, the author asserts, a foundation can be laid for true energy security: the development of reliable and affordable energy through the 21st century.
PDF Price: 6.50
  Energy for the Generations

Jeroen van der Veer
Chief Executive
Royal Dutch Shell plc

The author draws a connection between food prices and biofuels and offers three lessons energy leaders can learn from this in their search for clean and secure energy. One lesson involves the right mix of realism and idealism as the energy industry pushes the growth of alternative energy while acknowledging that fossil fuels will probably remain dominant for decades to come.
PDF Price: 6.50
  Energy Debates: Can We Be Honest with Ourselves?

Thomas F. Farrell II
President and CEO
Dominion

Thirty years after the energy crisis of the 1970s, America faces another dilemma. Climate change, increased demand for power, limitations in alternative energy sources – all are in the middle of today’s energy debate. The author urges those in the energy industry to break free of the tyranny of the immediate and do a better job of planning for the future.
PDF Price: 6.50
  A Low-Carbon Future: Is This Achievable in the Oil Patch?

Lord Peter Truscott
Under-secretary of State for Energy
U.K. Parliament

The oil and gas industry faces three major challenges: meeting heightened consumer demand for energy, ensuring that security needs are met and addressing the problem of global warming. To confront these challenges head-on, the author strongly recommends world governments and businesses join together to produce a low-carbon global economy.
PDF Price: 6.50
  Is the World Supply of Oil and Gas Peaking?

Matthew R. Simmons
Chairman
Simmons & Company International

Peak oil remains a debated topic. But to the author, the question is not if, but when the peak will affect energy markets. Declaring a wake-up call for oil and gas producers, he calls for a mandate to provide reliable production data to accurately predict field-by-field decline rates.
PDF Price: 6.50
  Testing the Winds of Change: Preparing Now for Challenges in the Oil Industry

Dr. Ibrahim S. Mishari
Chairman of the Board
Saudi Petroleum Overseas, Ltd.

While alternative energy sources are gaining public acceptance, oil remains the fuel of choice worldwide. The author outlines the steps his company, Saudi Aramco, is taking to ensure a sustainable petrochemical market in a way that generates excitement in the industry.
PDF Price: 6.50
  Strategic Drivers for the 21st-Century Petroleum Sector

Thomas A. Petrie, CFA
Vice Chairman
Merrill Lynch & Co.

Historians are likely to look back to the beginning of the 21st century and point to a number of key factors that changed the energy industry. The author describes four drivers that are emerging as trends: maturing resources, global instability, a rise in resource nationalism and a realignment of political alliances.
PDF Price: 6.50
  Failure Is Not an Option: Partnering to Solve the Big Problems

Scott Weir
Director
EDS Energy Industry Group

Applying information technology to the oil and gas industry is a good idea; IT and energy make good partners. The author endorses the concept of a digital oilfield and recalls the challenges of Apollo 13 to point out how teamwork and success should be synonymous.
PDF Price: 6.50
  Mitigating Gulf of Mexico Hurricane Risk

Tony Nassif, President and CEO
ABS Group

Anu Sandhu, Product Manager
EQECAT, an ABS Group Company

Robert Sheppard, Engineering Manager
ABS Consulting, an ABS Group Company

Risk management for industry assets is more crucial than ever, as the industry learned after the record 2004-2005 hurricane season. The authors examine risk evaluation in various contexts, including loss due to business interruption and contingent business interruption, and address best-practice methods and tools for evaluating and mitigating risk.
PDF Price: 6.50
  Meeting the Challenge: A Navigation Aid for Energy Leaders

Christopher E. H. Ross
Leader, Houston Petroleum Practice
CRA International

and Lane E. Sloan
Chairman, Greater Houston Energy Collaborative
Greater Houston Partnership

The strategic challenges for navigating industry changes are great. In this preview to their forthcoming book, Terra Incognita: A Navigation Aid for Energy Leaders, the authors cover the challenges faced by energy leaders. In particular, they address the factors of phase change and offer new strategies as a veritable compass for industry leadership to employ to weather the storms of industry changes.
PDF Price: 6.50
  Oil and Gas Sector to Continue Fueling Energy Capital's Economy in 2007

Patrick W. French
President, Alliance Foundation for Energy Education
Senior Vice President, Texas Alliance of Energy Producers

The key driver affecting the economic health of Houston in 2007 continues to be the hydrocarbons business. While the energy capital’s vitality will therefore depend largely on the fluctuations of international oil and gas markets, notes the author, several non-energy industries within Houston also contribute to the city’s economy.
PDF Price: 6.50
  Standing at a Historic Crossroad

Lord Browne of Madingley
Group Chief Executive
BP p.l.c.

As a company, BP has had to face several harsh realities. Lord Browne of Madingley, who has contributed many articles to World Energy over the years, sets out a policy based on trust and cooperation to overcome obstacles and restore confidence in the future.
PDF Price: 6.50
  Balancing Exploration and Production Technology Needs

Andrew Gould
Chairman and CEO
Schlumberger Limited

Five factors have converged to cause a major shift in the relationship between producers and consumers of oil and gas: oil prices, market capital restriction, expansion, climate change and resources. The author laments the response limitations that are present, but urges improved cooperation and communication and increased specialization in the oil and gas industry.
PDF Price: 6.50
  Looking into the Crystal Ball: Forecasting the Future of Oil and Gas

Robert A. Mosbacher, Sr.
Chairman and CEO
Mosbacher Energy Company

In this 2007 industry outlook, the author addresses the many issues that can affect prices, including the weather, international geopolitics, supply and demand, personnel, financing and exploration. He also explains where the energy sector is now, where it is headed and how to keep the industry’s future bright.
PDF Price: 6.50
  How to Make Safety a Part of Your Corporate Culture

John Redmon
Operations Manager and Executive Vice President
CB&I

Safety is a perpetual concern for managers, who must assess whether their companies’ safety training is adequate enough for them to achieve a zero-incident target. The author describes potential scenarios and shows how his company’s behavior-based program offers a successful working model to achieve the highest safety standards.
PDF Price: 6.50
  We Need a Modern Electric Grid Now

Samuel Wright Bodman
U.S. Secretary of Energy

The current electric grid system is old and stressed. It was not designed with computer servers, Internet infrastructure and microprocessor-controlled devices in mind. The author provides an update on the U.S. government’s progress toward a modern electric grid and encourages a partnership between the federal government and the private sector.
PDF Price: 6.50
  The Electric Utility Super-Major?

Mark Bentley
Managing Director and Global Co-Head
Resources and Energy Group
Corporate Investment Banking and Markets
HSBC

Four huge electric utility transactions took place in 2006 and 2007 – three in Europe and one in the United States. Reflecting on this activity, the author provides a blueprint for the emergence of what he believes will be the next big business: the electric utility super-major, or USM.
PDF Price: 6.50
  Profitability and Commodity Price

John Browning
Director and Head of Commodities Ecommerce
Barclays Capital

Investors’ expectations of energy companies are traditionally driven by their perception of the global economy’s current placement on the commodity cycle. Addressing the expectations of investors and businesses in terms of both profitability and security, the author discusses the relatively new role of hedging within the energy industry.
PDF Price: 6.50
  America's Alternative Fuels of the Future: Corn, Coal and More

D. Hunt Ramsbottom
CEO, President and Director
Rentech, Inc.

The 20th-century sounds of cornfield mills producing food may be replaced soon by the sounds of mills making energy. The author looks at corn and other alternative fuels of the not-so-distant future, and he paints an encouraging picture of a coals-to-liquids plant being converted in East Dubuque, Illinois.
PDF Price: 6.50
  The Real Issue: Security of Supply

Curtis D. Burton
Chairman and CEO
Buccaneer Resources, LLC

Representatives of the energy industry have been telling Washington for years that there are finite inexpensive energy supplies in the world and how the United States could manage these limited resources. The author outlines the issues and potential solutions, including a national energy plan and cooperation among individuals, the energy industry and government.
PDF Price: 6.50
  Security of Supply and Climate Change: The Human Dimension

Sir John Collins FEI
President
Energy Institute

The energy industry is changing, and so is its workforce. The author’s organization surveys the "people factors" affecting energy markets. The results of these surveys reveal attitudes that must change before a new generation of highly skilled professionals can be attracted and recruited.
PDF Price: 6.50