PennEnergy's Top Oil & Gas News 2/7

Top Oil & Gas News
	Shell abandons Arctic offshore drilling plans Once again, Shell has abandoned its plans to drill in Arctic waters offshore Alaska. The announcement comes after a court ruling last week that the Interior Department has awarded permits to Shell based on inadequate information. Full Article Share:
	PennEnergy Video News Update From good news for Keystone XL, to records being set in Brazil, to new offshore production for Shell, all of the week's biggest headlines are in the PennEnergy Video News Update. Full Article Share:

This Week's Most Popular Oil & Gas News
• TransCanada: Final environmental review shows Keystone XL should be approved
• Brazil oil and gas production reaches almost 2-year high
• EnerJex begins natural gas production in Adena Field under new contract
• ExxonMobil increases Permian Basin oil and gas acreage
• Shell starts production from second Mars offshore production platform
• BSEE confirms uncontrolled flow of gas has been stopped at GoM well
• Oil and gas value creation spotlighted in new webcast
• OPEC oil production reaches 29.94 million bpd in January
• Chevron, GE Oil & Gas form technology alliance
• American Midstream closes Eagle Ford acquisition
• Total sells 15 percent stake in Angola offshore exploration block
• Enbridge to update Toronto area natural gas distribution system
• API touts positive Keystone XL oil pipeline FEIS
• GE Oil & Gas opens Downstream Technology Solutions business
• CAPP encourages Keystone XL oil pipeline approval

Energy Insights

All Energy, All the Time: How Keystone XL invaded my vacation On the fourth day of this gloriously work-free existence, my mother happened to be watching television news when a story about Keystone XL’s recent environmental impact report came on. My mother, who knows very well my day-to-day employment puts me right in the thick of these headlines, turned to me and asked a question... Full Article Share:

Governing Energy: Maturity Model The Capability Maturity Model was first described in 1989 book Managing the Software Process as a software development process maturity framework. It has subsequently become a general model to aid many business processes. Full Article Share:

Oil & Gas Jobs

Supply Chain Strategy Analyst Conduct current state process assessments including benchmarking, maturity analysis, process mapping and pain point identification for Shell Lubricants Americas Translate data into relevant information and develop long and short term supply chain strategy Perform supply network optimization using tools such as LogicNet+ Perform various assessments to develop strategy and end-to-end optimization Identify metrics and value driver trees Develop terms of reference, project plans (including timeline) Ability to work with various stakeholders across Lubricants supply chain organization Share:

oOEM Technical Sales Manager Work close together with the Area Sales organization and the GPS organization to identify opportunities Develop systematic approach to identify opportunities in an early stage and document it Liase with internal functions and assist in tender preparation on major oOEM opportunities. Take lead in customer negotiation Be aware of competitors’ strategy and capabilities to aid in the development of market intelligence and pricing compatible with local expectations Be aware of on-going design developments and improvements in order to be able to offer the complete current range of company products Review target pricing for oOEM service products. Regular analysis and updating of pricing / market price curves, direct feedback into pricing strategies Support development of capture plans for oOEM key opportunities Support the Power Sales activities for key oOEM opportunities Drive continuous feedback loop of lessons learnt and competitor analyse Share:

More PennEnergy Oil & Gas Positions
• Generation Team Lead – Software Engineering Group
• Instrument Inspector
• Recloser Sales Manager
• City Sales Manager

Oil & Gas Research

Worldwide Refinery Survey and Complexity Analysis 2014 Paired with the regular Refining Survey, the Complexity Analysis adds significant value to the refinery data with three measures. The Nelson Complexity Index (NCI) provides insight into such things as refinery construction costs, replacement value, conversion capability and product slate. Also included is Equivalent Distillation Capacity (EDC) which is calculated by multiplying the distillation capacity by the NCI. And lastly, the BoB index provides a means of quantifying and characterizing a refinery’s ability to process heavy crudes and produce premium refined products. It represents the combined capacity of a refinery’s Coking, Catalytic Cracking and Hydrocracking units relative to Distillation Capacity (expressed as a percentage). Share:

Appraising Reserves & Production Potential of Oil & Gas Fields - Conventional and Unconventional: Masterclass Learn how to analyze decline behavior, estimate recovery efficiency, apply well economics, develop algorithms, and make quick estimates of production potential - all useful for pre-audits and analysis of production of shale oil and gas plays. Learn all of this and more in the Masterclass from Dr. Rafael Sandrea, an expert in the oil and gas field! Currently offered at 10% discount Share:

More Research & Data
• Worldwide Oil Field Production Survey 2014
• Electric Utility Industry Worldwide Directory
• Pipeline Industry Worldwide Directory
• US & Canada Exploration & Production Directory
• Comprehensive Assessment of World Crude Oil Supply Through 2030