The next frontier for digital technologies in oil and gas. Receive quarterly updates on recent reports and articles from mckinsey. We interviewed people from throughout the industry about all things oil and gas. Oil and gas companies may need more profound changes to meet demands for meaningful work and social responsibility to attract the next generation of top engineering and leadership talent. Very hot summer or very active driving season for summer vacations can increase the demand for crude oil and cause prices to move higher.
Cenovus energy is an integrated oil and natural gas company engaged in the development, production, and marketing of crude oil, natural gas liquids, and. Apr 20, 2017 how much does a oil and gas account manager make. Oil and gas field development engineering is a discipline that aims to understand the fundamental properties of oil and gas reservoirs and the law of oil and gas flow in porous media, build the effective displacement systems to develop oil and gas fields properly, and extract the oil and gas. We help clients effectively reach this niche market through multiple touch points via the web, mobile, email and print. Opec and allies reportedly set for video meeting as analysts pour skepticism on trumps intervention. In response to these disruptions, we see five big ideas for how organizations can adapt. When you think of oil and gas marketing, do you think of huge exhibition stands, glossy brochures, flashy advertising posters and lavish corporate hospitality. Who your competitors are and how hard it will be to overtake them.
Fortyfour gulf of mexico exploratory wells discovered 11 oil and natural gas fields by the end of 1949. Downstream oil and gas is a sector in the oil and gas industry that pertains to the distribution and marketing of refined petroleum products and processed natural gas to the consumer market such as retail customers, industrial customers and commercial customers. The midstream activities take place after the upstream phase, and. Topics will include world wide markets and their affect on canadian markets and prices, environmental and political influences on oil and gas marketing, and intergovernmental organizations. For oil liquids commercialization, gca provides advice on feedstock supply and quality, facilities, pipelines, oil transportation, storage, oil refining, and product markets. Downstream refiners need to streamline their refinery and petroleum delivery operations, and fuel and marketing companies need to accelerate revenue growth. The oil and gas industry is usually divided into three major sectors. At plains, we place tremendous value on the relationships we have with our customers. Finally, marketing and distribution companies transport and sell the finished petroleum products to end users. The types of refinery products and crude oil inputs influence the complexity of the refining process. Aug 18, 2015 mobile device appeals most for oil and gas professionals as they have to work in the field and are away from computers.
Market energy advisors hydrocarbon marketing for the. Natural gas markets natural gas is an important source of energy for the united states. Bmls professional staff, leadingedge technology and devotion to customer service have combined to make this familyowned business a leader in the movement of crude oil. Guests included several people who are much smarter than james. The energy sector is commonly divided into three areas. Please find contact information for your area of interest here. The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas. Undertaking marketing to create greater awareness about the company and its offerings, and engaging sales experts to.
Midstream activities include the processing, storing, transporting and marketing of oil. Oracle cloud solutions ensure longterm success and allow downstream companies to provide energy to the world. Market energy advisors, lp aggressively seeks the highest paying markets for each lease by tracking the oil and gas to its ultimate end user and, after deducting real transport costs, captures the true wellhead value for our clients. These fields were the first deepwater producing fields in india and remains among the most complex reservoirs in the. How does inbound marketing work for the oil and gas service sector. The oil and gas organization of the future mckinsey. Houston, texas, united states about blog rigzone is the worlds largest online resource in oil and gas news, jobs, recruitment services, advertising, events, and data. Oil and gas industry marketing oracle marketing cloud. Join our topliners community to collaborate online with thousands of modern marketers. Our clients consistently receive the highest prices available. Search 107 oil gas marketing jobs now available on, the worlds largest job site. Jerry martin joined ccmi in 1997 as manager of crude oil marketing and. How does inbound marketing work for the oil and gas service.
An investors guide to midstream oil and gas the motley fool. Since 2009, mckinsey has served 90 percent of the global top 20 oil and gas companies in more than 550 projects on downstream strategy and operations. Five big ideas for the oil and gas organization of the future. Oil 101 petroleum product marketing downstream oil and gas this oil 101 petroleum product marketing module discusses wholesale and retail marketing channels. Hundreds of public companies are involved in oil and gas exploration, well drilling, and well servicing. Pipelines and other transport systems can be used to move crude oil from production sites to refineries and deliver. The supply of petroleum products is a service we provide as part of activities in the downstream sector and it cuts across a wide range of industries. Expand your understanding of marketing best practices and more with education and certification programs.
Our experience across all segments and regions gives us critical insight into what it takes to achieve performance and operational excellence. Industries are embracing technology to reshape their operating landscape and reap the benefits of improved productivity, higher efficiency, and increased cost savings. Marketing firm finds niche in oil and gas industry the. Redlime was well aware that new entrepreneurial ventures, including their own, often struggled even failed in.
Falling oil prices also indirectly affect natural gas production. Prior to the deregulation of the natural gas commodity market and the introduction of open access for everyone to natural gas pipelines, there was no role for natural gas marketers. Aside from the nocs which dominate the upstream sector, there are many international companies that have a market share. Undertaking marketing to create greater awareness about the company and its offerings, and engaging sales experts to educate and connect. Whether you choose a plain vanilla online marketing consultant or a specialist oil and gas marketing company, they need to understand. An overview of the natural gas compression industry market. Midstream is a term used to describe one of the three major stages of oil and gas industry operations. Houston based oemi, a subsidiary of occidental petroleum corporation oxy, provides a full compliment of marketing and risk management services for clients involved in crude oil, natural gas and power markets. Search thousands of jobs on the worlds premier oil and gas job site. Activities in the midstream industry include transportation, processing, storing, and marketing hydrocarbons such as natural gas, oil, and natural. Salary estimates are based on 81,368 salaries submitted anonymously to glassdoor by oil and gas account manager employees.
Houston texas is home of many of the largest oil and gas companies in the world. Your new oil and gas marketing agency need to know. Oil and gas companies were pioneers of the first digital age in the 1980s and 1990s. Its vision is to be the preferred provider of oil and gas logistics in the west african subregion. Oil and gas companies are confronting a turning point, one that requires strong decisions about their strategies for surviving and thriving in uncertain times. Hexagroup is an oil and gas marketing agency based in houston.
Gca also advises on refined liquids and natural gas liquids ngls with regard to their primary or secondary petrochemical. Oil and gas sector activity declined significantly in this years first quarter, said oil and gas executives in the us federal reserves dallasbased eleventh district responding to a quarterly. The oil and gas industry is usually divided into three major components. The companies on this list are companies headquartered in the united states that are engaged in some aspect of the downstream process. Now when it comes to running a business and sourcing for customers, i want to state clearly that there is no magical spell and no short cut to success. The kg d6 fields rank amongst one of the largest greenfield deepwater oil and gas production facilities in the world. Bml was founded in 1981 as an independent oil gathering company providing dependable service to west texas. The petroleum industry, also known as the oil industry or the oil patch, includes the global. In 2002, reliance struck gas in the d1d3 field of kg d6 block. Ekt interactive oil and gas training courses for new learners and experienced professionals. Jan 07, 2015 lower prices might cause producers to scale back on natural gas drilling, lowering the demand of natural gas compression services. If you are an industry proffesional, we connect you to the news you are looking for, the career opportunities you want, and the actionable insights and data needed to tackle any industry and career challenges that may come your way. No one knows where all the bodies are buried, so smart oil and gas writers know how to keep their own counsel when doing interviews and gathering research.
The digital transformation in upstream oil and gas. Demand is generally highest during the summer and winter months. Exploration production transmission supply technology. The growth since 2000 has, unfortunately, been largely been due to. To stay competitive and profitable in the everchanging oil and gas industry, you need to make the right business decisions at the right time. Oil enabled the postwar boom from 1950 to 1970, and natural gas strongly contributed to the growth from 1970 to 1995. Formerly know, as valero refining and marketing company, valero was founded in 1980. Oil 101 petroleum product marketing downstream oil and gas.
Find natural gas, emissions, and crude oil price changes. Get up to speed on any industry with comprehensive intelligence that is easy to read. Jun 06, 2014 marketing firm finds niche in oil and gas industry open this photo in gallery. Oil and gas marketing agency guide out of the box innovations. Filter by location to see oil and gas account manager salaries in your area. The price of unleaded gas and heating oil can influence the price of crude oil. Providing excellent customer service extends not only to our power users, but to the many royalty interest owners who are essential to. The downstream sector reaches consumers through products such as gasoline or.
Boxley groups oil and gas practice provides insights and services to help energy clients execute on their strategic objectives and compete more effectively, while navigating the challenges and opportunities in todays environment. Api represents over 600 members involved in all aspects of petroleum including a cross section of petroleum and allied industries in exploration, production, transportation, refining and marketing. Created by our global community of independent web developers. Apr 10, 2020 houston, texas, united states about blog rigzone is the worlds largest online resource in oil and gas news, jobs, recruitment services, advertising, events, and data. What is the marketing strategy of oil companies like. Canadian oil and gas stocks rise despite ongoing market volatility. Natural gas transmission utility ngtu to develop the natural gas infrastructure throughout the country. Also mobile devices can be carried around and we can access it at any time. Canadian oil and gas stocks rallied for a second day following albertas decision to invest in the keystone xl pipeline but analysts and portfolio. Volatility and trading have always been an integral part of the oil business.
The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, 1 as well as the marketing and distribution of products derived from crude oil and natural gas. Explore the uncertainties, risks, and opportunities in our 2020 oil and gas. Marketing manager job 11 of 1 oil and gas job from the category oil and gas jobs on oil and gas job search. Analysis of the current problems of russias oil and gas industry in the context of the main trends of global oil and. Tosco the oil shale corporation was an independent us based petroleum refining and marketing corporation based in stamford, connecticut. Bulk distribution companies bdcs and oil trading companies otcs these companies have been licensed by the national.
Marketing is the wholesale and retail distribution of refined petroleum products to business, industry, government and public consumers. The midstream sector involves the transportation by pipeline, rail, barge, oil tanker or truck, storage, and wholesale marketing of crude or refined petroleum products. This company is engaged in the exploration of crude oil and marketing of. Natural gas is an attractive fuel because it is clean burning and efficient, and ample supplies of natural gas are available from domestic resources. Oil and gas marketing will introduce learners to the concepts of marketing as related to the oil and gas industry. Monthly oil and gas index prices and average firstdayofthe month prices for sec reporting. Oil 101 a free introduction to the oil and gas industry i this first of 10 modules, we introduce the learner to some key fundamentals of the upstream segment of the oil and gas industry. In fact, the segments revenue fell by 20 percent during the. Once youve written in the oil and gas industry for months or years, you may begin to feel youve got a handle on itand probably you do, to a point. An investors guide to downstream oil and gas the motley. Oil and gas trends 2019 building growth strategies on shifting sands. What are the top five facts everyone should know about oil. Midstream activities include the processing, storing, transporting and marketing of oil, natural gas, and natural gas liquids. If you are an industry proffesional, we connect you to the news you are looking for, the career opportunities you want, and the actionable insights and data needed to tackle any industry and career challenges that may come your.