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EHS Today recently published an article titled  Random Acts of Safety.  It came at the end of a challenging year for organizations navigating a pandemic, the Great Resignation, supply chain issues, and record breaking burn out. Rather than focusing on the overwhelm of those hurdles, it took a different approach to improving employee morale: empathy and compassion.  The article speaks to three elements of transformational safety leadership: listening, caring, and engaging.  In

We often speak of oil and natural gas in one phrase, as if it is one commodity. In reality, they are two separate commodities. Their different characteristics may very well lead to different answers to the central question in an  article by David Porter on ShaleMag.com .  Porter asks whether or not an oil and gas world market can exist.  The article explores this question and more:  The definition of each commodity. Price variation and transportation costs. Government action

Each scenario differs greatly based on a variety of factors:  The Evolution scenario assumes the ongoing development of global energy markets within the framework of the current international energy policy and national programs, considering existing technological capabilities. The Equilibrium scenario is said to be based on a balance between achieving climate goals and economic development. The Transformation scenario is said to assume a radical restructuring of global energy

Could world oil prices hit $380 per barrel in 2050? It’s possible, according to one scenario published in Lukoil’s recent Global Energy Perspectives to 2050 report. The report considered three scenarios for the global energy sector – Evolution, Equilibrium and Transformation. Taking into account a carbon price, oil prices will vary greatly depending the scenario, the report outlined. High carbon prices and inflation were projected to lead to $380 per barrel oil prices in the

the oil industry does have a future toward 2030 , but not as it was known in the past. Its survival depends on its ability to transform and take an active role in the energy transition , rather than resisting it. Oil will continue to be critical for global energy security, petrochemicals, heavy transportation, and multiple industrial value chains, while renewable energy sources reach the scale and reliability required. At the same time, companies in the sector are expected to