oil

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.

Commodity Projects During the Downturn: Time for Value Engineering

Commodity Projects During the Downturn: Time for Value Engineering

Those who have been following know that 2015 has not been a good year for commodity markets. As of August, nearly all hard and soft commodities have dropped in value since January 1, other than a few outliers like canola and cocoa. Perhaps most significantly, oil is trading near a 6-year low, down 50% from just a year ago