Canadian Oil sands; Suncor, Cenovus, and CNRL; Strategy Lessons to Share.

What strategy have the major oil sands players hired? lessons learned from oil sands pioneers. Despite of a low political and social risk environment, Canadian oil sands is still under pressure. This is while a handful number of pipeline projects are at negotiation stage to provide higher takeaway capacity. The heavy differential has narrowed from highs […]

Culture Eats Strategy for Breakfast!

How organizational culture can be the biggest risk to strategy implementation, and how to mitigate it. Upstream companies are distressed to improve their net profit. They have each formulated an strategy, but how supportive are their culture to those strategies. Their bottom line next year will largely be determined by their current strategies and success of their […]

Do You Play to Win – or to Not Lose?

How organizational culture makes you behave when targeting a goal. I came across this article with HBR and thought that you may find it interesting. The concept is simple, yet very profound. It discusses two different styles that an individual, a team , or an organization may take (often naturally) towards targeting a goal or overcoming […]

Portfolio Management, Upstream Oil&Gas (part 1/2)

How to Optimize Your Oil & Gas Upstream Portfolio; Upstream Portfolio Management (part 1/2) Portfolio management or optimization of the portfolio is being referred to by several leaders in energy sector. This article presents an introduction to the topic and intends to introduce how portfolio management is done in E&P sector. Part 1/2: Asset Level […]

Project Health Check, Please Vote!

I am thinking about writing on project development performance and the areas that can be improved to enhance the economics of the upstream projects. Your response to the following poll can help to determine the main areas of concern that I should focus on. Please pick the top 3 issues on each poll. Appreciate your […]