energy

Reviving Entrepreneurial Thinking and Behavior in Capital Projects

Reviving Entrepreneurial Thinking and Behavior in Capital Projects

As capital project development has become increasingly structured and formulaic--to enable scalability and consistency--many projects have become devoid of the entrepreneurial thinking and behavior required to minimize costs and maximize returns. 

To break out of this formulaic trance and unleash the creative potential of their organizations, capital project leaders must enable their employees to consider creative alternatives in design and execution, and critically examine opportunities to improve based on their merits.

Carbon Tax: How will it impact oil sands producers?

Carbon Tax: How will it impact oil sands producers?

Earlier this year, Justin Trudeau and the federal Liberal government announced their intention to implement a Canada wide Carbon tax in the coming years, to the tune of $50/tonne at its peak. The reaction to this announcement was mixed, with recognizable names on either side of the debate.

The Silver Lining to the Price Plunge

The Silver Lining to the Price Plunge

Times are tough right now for miners and energy producers. China’s economy, as well as many others, have slowed and commodity prices are at their lowest level in almost a decade. Once healthy margins are tight or have vanished altogether, projects that met hurdle rates are less attractive or viewed as nonviable, and long-term plans are being questioned.