Table of ContentsEditor's CommentInvestments increase, but production is still flatIf you think US oil companies are making obscene profits, think again. The latest Ernst & Young study shows that exploration and development costs are up sharply, while revenues have increased a little, and upstream profits have nudged upward by only a few percentage points. Nobody who can read a balance sheet would call this a “windfall.”
Capital PerspectivesThe smart approach to transfer pricingMultinational oil and gas companies must think globally and act locally in order to comply with complex tax laws.
Upstream NewsQuicksilver acquires Barnett assets for $1.3B, shows earnings impact from Breitburn equity investmentQuicksilver Resources Inc. has entered agreements with various private parties including Chief Resources LLC, Hillwood Oil & Gas LP, and Collins and Young LLC to acquire assets associated with the Barnett Shale formation in northern Tarrant and southern Denton counties of Texas, for $1.307 billion.
Cover StoryMatt Simmons working on energy solutionsAs oil becomes a scarce resource, the world will turn to other forms of energy. The head of a major investment bank is ahead of the curve in examining the various options.
FeaturesAligning IT to accelerate post-M&A integrationEvery 20 minutes, somewhere in the world, a merger or acquisition happens. Given this speed of change, affected businesses must be able to transform themselves in the most nimble and flexible way.
Visualization technology has entered a new eraToday, the possibilities for visualizing your company are more literal than ever.
Structural changes in energy trading impact hedge fundsThe structure of energy trading has changed fundamentally and is impacting energy commodity hedge funds.
A few minutes with Cameron SmithEDITOR’S NOTE: Rodman & Renshaw Capital Group acquired one of the best-known private boutique investment banks in the energy industry in May.
Oxy signs agreements with Libyan NOC; ramps up EOR projectsWhile Occidental Petroleum Corp. has secured its place as the fourth largest US oil and gas company, it is not stopping there.
1Q08 revenues rise by 6%; net income is basically flatAfter a strong comeback in the fourth quarter of 2007, profits for the OGJ200 group of companies declined slightly in the first quarter of this year.
Special ReportGetting more out of employee assessmentsOrganizations aiming to maintain or improve a good corporate reputation should look long and hard at the effectiveness of their current talent management process.
Terminating employment when a non-compete is involvedIs saying ‘adieu’ the end of the employment relationship?
Industry BriefsATP closes $1.05B loan, adds $600M asset sale facilityATP Oil & Gas Corp. has closed a new senior secured term loan facility.
Energy PlayersJohn Doran, founder, CEO of ROC Oil passes awayIt is with much sadness that the board and staff of ROC Oil Co. announced the passing on June 27 of founder and CEO Dr. John Doran, after a short illness.
Beyond the WellSimon ‘family project’ spreads joy to children with disabilitiesChristopher J. Simon is a very busy man. I initially contacted him about this column in April.
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