International Oil, Gas Firms Committed To Russia Despite Sanctions

 

MOSCOW, April 18 (Reuters) - Russian and international oil and gas majors are cooperating as usual despite sanctions imposed over Ukraine and Russia's South Stream gas pipeline project is going ahead, Energy Minister Alexander Novak said on Friday.

"There is no sense behind talk of the severing of relations... They express their desire to invest in Russia," Novak told reporters when asked if sanctions had hit energy cooperation.

The world's top crude oil producer and a leader in natural gas, Russia has signed deals with international majors on developing energy resources, mainly in the offshore Arctic region.

Top Russian oil firm Rosneft has signed agreements with ExxonMobil, Eni and Statoil and its biggest shareholder after the state is London-based BP .

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Cost Engineer Job at Ogre Oil & Gas Company (Singapore)

Job Description: 

  • Responsible for executing project cost control tasks in one or more assigned projects, and able to assist in preparation of tenders as required
  • Provide support in the area of corporate cost control activities as directed by the Manager Cost Control

Please learn more here and here.

 

 

 

Shell Oil: Finance Management Information Analyst

A Day in the life of a Shell Canada Finance Management Information Analyst:
* Provide meaningful financial information for operational staff through BW and Spotfire reporting tools. Meet with clients to understand what data gaps exist and provide meaningful fit-for-purpose reporting. Provide clients with Management Information best practices in report standardization, automation and distribution. Manage and prioritize outstanding reporting requirements with other Management Information resources.
* Provide centralized support for SAP hierarchy and cost center updates, while ensuring Heavy Oil SAP master reference data (Master Reference Data) policies and best practices are being followed. Work with support groups to deliver accurate and timely setups while influencing Upstream Americas Master Reference Data controls to optimize the Master Reference Data process for Oil Sands. Understand and communicate Master Reference Data impacts to stakeholders (Joint Venture, Royalty, Budget/planning, Activity Based Costing system).
* Identify, target, and deliver optimization initiatives through linkage to Finance Optimization Team providing expertise and resources. Continue to manage change and enforce best practices across Heavy Oil. Work with the Blueprint Finance Process Improvement Team on their initiatives.
* Provide Blueprint Master Reference Data (cost center & hierarchy), Business Warehouse and Spotfire training to finance community.
* Provide oversight to decommissioning and ensure appropriate access to data for audits and ongoing business requirements. Provide audit support via reporting on legacy data through Business Objects and / or Business Warehouse.
* Instigate, initiate, and / or support Lean / Improvement projects within HO.

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Shell: Gas Trading Jobs in San Diego, California

 

  • Physical Cash Gas Trading in the western United States from dailies to prompt year
  • Produce profitable trading results meeting or exceeding the annual goal for the team
  • Increase trading results through coordination with gas and power operations, origination, transportation, transmission and term and gas power
  • Please read more here.

Energy Trading Jobs in Houston, Texas

Oil-Rich N. Dakota Records Highest Income Growth in the U.S.

 

North Dakota has recorded the highest personal income growth among all states for the sixth time in the last seven years.

Statistics released Tuesday by the U.S. Bureau of Economic Analysis indicated that the state's personal income grew 7.6 percent in 2013. Utah ranked behind North Dakota with a 4 percent growth.

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"America's Energy Boom" (video)

Reuters: JPMorgan Sells Commodities Unit to Mercuria Energy Group for $3.5 Billion

 

JPMorgan is selling its physical commodities business to Mercuria for $3.5 billion, the U.S. investment bank said on Wednesday, sweeping the fast-growing Swiss trading house into the top league of commodities traders.

The all-cash transaction for one of the most powerful oil andmetals desks on Wall Street is expected to close in the third quarter, JPMorgan said in a statement.

In documents circulated to potential buyers last year, JPMorgan had valued its physical commodity business at $3.3 billion, with an annual income of $750 million. JPMorgan paid nearly $2 billion to buy the largest part of the business from RBS in 2010.

JPMorgan decided to sell its multi-billion dollar physical commodities division last year due to rising regulatory and political pressure and so it could concentrate on the bank's core business of lending.

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Oil-Rich N. Dakota Desperately Needs Workers for Empty Jobs

 

 

BISMARCK, N.D. (AP) - North Dakota officials are sending a plea to people across the country: We need you.

The state's unprecedented oil bonanza has made it the economic darling of the nation — boasting a sturdy economy, a state government budget surplus, and its highest population ever, as swarms of people have migrated to North Dakota. But it hasn't been enough, officials say, citing some 25,000 more jobs than takers in all industries in the state.

Hoping to woo workers to fill those jobs, Lt. Gov. Drew Wrigley and the North Dakota Economic Development Foundation on Monday unveiled a "Find the Good Life in North Dakota" campaign at the state Capitol in Bismarck.

"These are exciting times in our state," said Wrigley, who called the lack of an adequate workforce one of "the challenges of prosperity."

The $800,000 campaign is being paid for equally by tax-supported state funds and a donation by Hess Corp., a New York based oil company. The campaign will rely on media advertising and a state website that is expected to be running in May. Specific details of the campaign have yet to be released.

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"Big Men": Brad Pitt's Movie on Oil in Ghana, Africa

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