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Following Unique Ideas Can Make You A Success In The Energy Industry
By: CareerCast.com
Sam Etherington, founder of Renewable Wave Power, Lancaster, UK, is willing to take a chance. Admittedly, he can be headstrong when someone tells him he can’t do something. He kiteboards. The latter is actually part of the reason he’s the youngest person ever shortlisted for the UK Engineering Hall of Fame. At the age of 24. Surfing on a kiteboard, he realized the power of waves and developed a way to harvest energy through his wave power generator. READ MORE AT ASMEmore
The Skills Gap in Oil and Energy Jobs
By: CareerCast.com
The world of exploration and production has changed dramatically over the past ten years. There are few places where this is more evident than the U.S., where supply is predicted to continue expanding and eventually reach up to 2.2 million b/d from shale oil alone thanks to advances in drilling technologies which are unlocking additional resources. Yet with the International Energy Agency predicting that the demand for energy will grow by 40 percent by 2030 it has become more important than ever for the oil and gas industry to look to new frontiers in an attempt to increase production. However, ... more
A New Wave In Fracturing
By: CareerCast.com
Although much of the hydraulic fracturing debate focuses on unseen effects below ground, the surface impacts of drilling and ongoing activity are in plain sight. Operators make their own roads to carry heavy equipment to and from the well site. They run pipelines, install water-pumping systems, build power grids, and dig storage ponds for wastewater. Each of these activities is a potential point of community conflict, and also adds to the well’s operating costs. Everyone stands to gain from emerging technologies that increase production efficiency and reduce surface impacts. Accordingly, the U.S. Secretary of Energy Advisory Board’s natural gas subcommittee ... more
Projected Natural Gas Boom Could Have Big Jobs Impact
By: CareerCast.com
Experts say West Virginia's natural gas economy could see nearly six-fold growth by 2035 and revive the state's struggling manufacturing and chemical sectors. While the state's natural gas industry has grown in recent years, driven by development in the Marcellus shale region, American Petroleum Institute executive vice president Marty Durbin says the industry has only just begun scratching the surface. "West Virginia is poised to see a real increase in development in natural gas in the coming years here," Durbin said. Durbin says recent development of the Marcellus, Utica and Bakken shale regions have changed the national outlook for the ... more
The Energy Industry And Public Perception
By: CareerCast.com
Massive and on-going advances in our lives (↑ life expectancy, ↓ hunger, ↑innovation, ↑work efficiency, etc.) can be directly correlated to the widespread commercial use of fossil fuels as they began to power the Industrial Revolution in the early 1800s. Few informed individuals would deny that the energy provided by fossil fuels is still necessary to maintain and continue improving our standard of living in developed countries, as well as providing the energy necessary to bring those same improvements to developing countries. The fossil fuel extraction industry continues to reliably produce their life-enhancing product, and yet it is among the ... more
Projections For The North Dakota Oil Boom
By: CareerCast.com
Two days after a rosy government report doubled the estimate of how much oil is tucked beneath North Dakota, four men hop out of their vehicles into the soft dusk light atop a rock-strewn hill north of town. They point at the barren, rolling landscape dotted with cattle, an oil well and a pond as a half-mile-long train of oil tank cars silently snakes past in the distance. One is a former hedge fund manager who flew in from Connecticut. Another is a real estate investor who drove his pickup from Spokane, Wash. There’s a local civil engineer and a ... more
What Lower Oil Prices Really Mean
By: CareerCast.com
One of the subtlest, most effective moves in sports is the head-fake. It's a thing of beauty when done well. In the energy commodity business, it can be disastrous to anyone who falls for it. Right now, everyone is focused on low crude oil prices, and the subsequent layoffs and rig shutdowns that follow. I say it's a head-fake, because too many companies are buying into the narrative and scurrying for cover, while the smart money slips past them to victory. In the past, a downward move of 50% would have spelled disaster for the oil and gas industry. This ... more
Jobs in Oil Not Exactly Striking Gold
By: CareerCast.com
The world runs on oil and gas – that’s a given. The onshore and offshore industry has weathered the recession, and advancements in drilling technologies will attract more job hunters to the industry over the next decade. If you’re one of them, be prepared to compete for energy jobs at nearly every level. While no one exactly relishes the process of the job application and interview, you can take steps to help enhance your chances for success. Here are seven tips – plus one reminder – that can make a difference in your job hunt Crafting your resume Play fair. ... more
Oil Extraction Growth Means More Jobs
By: CareerCast.com
The US recorded the largest single-year increase in oil production in 2012, according to the BP Statistical Review of World Energy. The review, released June 12, was the company’s 62nd annual report. With the increase in production, the industry has also seen extraordinary growth in recent years. The U.S. Bureau of Labor Statistics reports that nearly 192,000 Americans were employed in oil and gas extraction careers at the end of 2012. That was a jump of nearly 11,000 from 2011, 30,000 since 2010 and 35,000 since 2009 (see graph at left). The upward trend has continued through the initial months ... more
Laser Technology Could Play A Part In Future Energy Efficiency
By: CareerCast.com
In the movies, lasers make things explode. Occasionally, they make things explode in real life, too. Even more occasionally, they do this in a way that’s beneficial, by making the explosions that we rely on every day even better. Lasers: making your daily explosions 27 percent more explodey. Let’s do it. Unless your life is way more exciting than mine, most of your daily explosions probably take place inside the engine of your car. In a conventional internal combustion engine, a mixture of fuel and air explodes to push down a piston, converting chemical energy into mechanical energy. The explosion ... more