This position is responsible for all risk management processes, including analysis, measurement, monitoring and reporting of Essential Power’s energy and commodity portfolio and associated enterprise risk management activities. In addition, this position is responsible for providing leadership for the Enterprise Risk Management function including assessments, monitoring, reporting and governance.
Saudi Aramco is seeking a Financial Analyst/Consultant to join the Joint Venture Support Division of the Joint Venture Support and Financial Consulting Department (JVS&FCD). Finance representatives are periodically selected from our pool of analysts and placed in CFO/Controllership positions with one of the Company's business lines, joint ventures (JV), affiliates, subsidiaries, global operations, or mega projects. JVS&FCD is a part of the Finance Business Line in Saudi Aramco and reports to the Controller's organization.
The Joint Venture Support Division is responsible for providing support to senior management and various business lines as it relates to JV matters. This support is provided through management reporting, financial analysis, financial advisory services, and financial reporting. The Financial Analyst/Consultant will work on high-profile assignments.
Core job requirements will include, but are not limited to:
Please read more here.
Another Tulane Energy Institute hard hat trip - touring Shell's oil refinery in Norco, Louisiana.
Some of my colleagues and I from the Tulane Energy Institute recently spent several hours hiking around this $721 million natural gas unit under construction at the Ninemile Point Plant in Westwego, Louisiana. It will generate 550 megawatts of electric power when completed in 2015. I think I like wearing a hard hat. LOL!
A series of geopolitical events pushed prices higher by raising concern that oil supplies could be disrupted, even though no disruptions were imminent. The Obama Administration announced new sanctions against Russian energy firms after the market closed on Wednesday, including against Rosneft, Russia's biggest oil producer. While analysts say it is unlikely to cause any dip in production or exports in the short term, it could prevent or delay future exploration and production.
The crash of a Malaysian Airlines passenger plane over Ukraine — which Ukrainian officials said was shot down — raised the risk of a sharper conflict between Ukraine and Russia that could lead to even tighter sanctions against Russia. And fighting in the Gaza strip intensified after a shaky cease-fire expired, yet another source of turmoil in the Middle East, the world's most important oil-producing region.
"Although oil balances will not be impacted, it gives the oil complex another reason to inject some geopolitical risk premium," wrote energy analyst Jim Ritterbusch in a research note to investors.
The jitters about potential disruptions came on the heels of a surprisingly large decline in supplies in the U.S. On Wednesday, the Energy Information Administration said U.S. crude oil inventories fell by 7.5 million barrels to 375 million barrels in the week of July 11. The fall was more than double what analysts had expected, and reversed what had been a three-week slide in prices.
Please read more here.
Enron - one of my old stomping grounds...
Advances in US shale have coincided with political upheaval in big oil-producing countries. Political instability in Libya, Iraq and Venezuela has stoked concerns about disruption and threats to future supplies. International sanctions on Iran have also reduced the global supply of oil, and Nigeria’s industry is plagued by theft.
Were it not for the new production in the US, which has cut the country’s imports sharply, there would probably be talk of another world oil crisis. As a global energy supplier, it is, in the words of Madeleine Albright, the former secretary of state, the “indispensable nation”.
Please read more in the Financial Times.
The selected candidate will be responsible for supporting all planning and performance management activities for the assigned business.
The analyst must be capable of managing planning and performance related activities in a dynamic portfolio of businesses and is able to adapt to changing priorities.
In addition, they will be responsible for analyzing periodic performance and for preparing the resulting management reports using plan, actual, and forecast data, thus enabling the business to actively manage performance.
Please read more here.