This Tip of the Month discusses the fundamental economic factors that determine the price of oil in the long term and the global standards for crude oil valuation. [Keep reading]
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We all hate delivering bad project news, but this Tip of the Month will give you some tips to better communicate negative information to stakeholders and decision makers. Learn about five different types of project issues, managing project relationships and best practices for delivering bad news. [Keep reading]
Budgets of various types constitute the principle management vehicle for the formal expression of the company's plans and objectives for a specified period of time. No other management tool is capable of providing the operational direction that can be achieved through a well-planned and developed budget. In this excerpt from Economics of Worldwide Petroleum, we will examine concepts of budgeting for production activities. [Keep reading]
Budgets of various types constitute the principle management vehicle for the formal expression of the company's plans and objectives for a specified period of time. No other management tool is capable of providing the operational direction that can be achieved through a well-planned and developed budget. In this excerpt from Economics of Worldwide Petroleum, we will examine concepts of budgeting for exploration activities. [Keep reading]
