Hi I am a Mechnical Engg with more than 2 years of experience in Mechanical Design (CAD/CAE) . Now planning to do MS/ME(Distance learning)/MBA.
I had second thought in my mind, there is one more field booming up in India and is growing at a massive rate… Some of my frnds also working in this field (Oil and Gas).
So with this background, if I do MBA(Oil and Gas) what will be opportunities and growth for me…
Pl suggest me which one shld I opt and hw much Mech Engg can do well in Oil and Gas…….
Hope someone could help me in this. waiting for ur reply……..
If you are in college now, long before you finish your career there won’t be any more oil and gas to pump. I’d be careful about going into a field that is booming now but will eventually die out altogether.
Rising oil prices and a booming economy, the Kremlin is once again flexing it’s muscles. Putin realizes that Russia is once again a super power. He’s following the old Russian tradition, back to soviet style ambitions. Putin is gathering all power to himself. Russia is watching the former soviet nations, causing political turmoil within these nations and planning to acquire them into states in the near future. Russia’s back like it hasn’t been since the break-up of the soviet union more powerful than ever.
Although the cold war is over why is there still tensions between the West and Russia?
Why is Russia’s closest allies India and China but not western Europe or America?
Can there be a second cold war turning into a 3 world war?
Quietly and off the radar, Russia is rising steadily back into a super power. Putin is a very, very powerful man with ideas of returning to the days of the USSR. And make no mistake about it, he’s more than capable.
I think the cold war started up again a few years ago. Where it goes from here, I guess time will tell.
As for WW III, I think it’s inevitable that at some point tensions are going to flare, and we’ll probably see Russia "taking back" some of it’s former blocs while China moves on Taiwan.
Do Libs have no idea of how much oil the Chinese use?
Their economy has boomed and continues to do so.
All of the extra oil that the world continues to use does comes at a cost — right now it’s $100/barrel.
Chatter,
The trade-weighted dollar IS at the same level it was 10 years ago. I have a graph that I printed out a few days ago. Source: St. Louis Fed
Why do you assume that libs will think oil prices should be lower?
I’m a lib and I don’t think they should be lower.
Why are you speaking for me?
I know, its the one size fits all attitude.
Did you know that is a basic communist principle?
So my question to you is, how does it feel to be more of a communist then an American?
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To answer your question, future predictions have proven to be wildly wrong.
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Peace
Jim
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Does the fact that China can’t find enough oil to meet booming domestic demand have anything to do with the current hike in prices. China’s booming economy is becoming increasingly dependent on oil.
http://www.industryweek.com/ReadArticle.aspx?ArticleID=11451
China, the world’s second-largest energy consumer, now imports about 28 percent of its oil and gas from sub-Saharan Africa, compared with about 15 percent for the U.S.
http://money.cnn.com/2006/02/08/news/international/africa_fortune/
Currently, the country supplies 14 per cent of China’s oil imports, or 450,000 barrels a day. In the first 11 months of last year, China imported around 20.01 million tons of crude oil from Saudi Arabia.
http://www.chinadaily.com.cn/english/doc/2006-01/24/content_514887.htm
In the heated race to tap Africa’s oil resources, the Chinese are everywhere, despite unrest that has prompted others to pull back.
http://money.cnn.com/magazines/fortune/fortune_archive/2006/02/20/8369153/
Iran replaced Saudi Arabia as China’s top oil source in January, the South China Morning Post reported. Chinese customs figures showed crude imports from Iran reached 447,300 barrels a day in January, up 75% from a year earlier, while imports from Saudi Arabia rose 39%. China’s oil imports exceeded 97 million barrels in January, more than 14% of which came from Iran.
http://www.chinaeconomicreview.com/subscriber/newsdetail.php?id=6959
I work for an oil company in China and China now consumes about 8% of the world’s oil production as opposed to about 25% consumed in the US. We have extensive exploration rights but at the moment have several rich fields that are not adequate to satisfy the demands as the economy grows. Recent explorations suggest a tremendous gas field of many millions of cubic meters of gas and operations are beginning to tap that source. There are many other areas that are being explored and very likely China will become an exporter of oil rather than an importer. The growth of oil in China is reflected by international joint-venture companies such as Shell and others. I think your source of information is lacking facts as being on the scene the picture is somewhat different than painted in the article. I see platforms being constructed daily and each one is a sign that China is cutting its needs for imports.
*EDIT*
i messed up i meant thrusters
Preformed by Big-J(CEO of jmo453 productions)
includes:
Gmod:
http://www.garrysmod.com
http://www.garrysmod.org
Duration : 0:1:42
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Why is it so hard for exploration and production companies to find qualified employees in such a booming market?
Alberta is drawing so many of them in.
Jim Letourneau speaks at the Calgary Resource Investment Conference on the Coming Boom in Enhanced Oil Recovery.
Duration : 0:1:21
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older home. oil heat, pipes see to make such a racket when thermostat kicks on. Air in the pipes?
I assume this is a new condition?
It may be too much water in the system. There is usually a sight tube on the side or front of the furnace with a fill mark (usually about half way up the tube.)
If it’s over filled, drain some out until the level is right.
If it’s too low, fill it to the proper level.
Your symptoms usually indicate a water level problem in the boiler.
There are several types of systems – some use a condensate pump, and some are just gravity return, for instance – but they all need the proper water level in the boiler.
Hopefully, you don’t have a blockage in the return (unlikely – but a possibility).
I dont know if its commercially viable (300 to 400 bopd quoted) but it seems well directed booms and a simple processing plant close to the rig would greatly reduce the oil slick.
I agree that it seems a perfectly viable and logical operation – Skimming the oil seems it should be first priority to me. I believe It should be able to be collected in this manner from a mobile platform and filtered so it is not wasted. Let alone diminish the environmental impacts. Would have thought this should be a priority for this high risk industry. I understand that the Greens are saying spraying dispersants actually makes the oil slick worse for sea creatures, and there are an awful lot of them at risk, especially endangered turtles and whales. Just seems that governments are too weak to stand up to the oil corporations and demand a better outcome. They have the billions in profits but a couldn’t care less attitude to go with it. How many weeks now before the well can be capped off (after another has been drilled of course)?
http://www.todaysfinancialnews.com — If you thought the T. Boone Pickens $125 oil prediction was a shock, CIBC World Markets chief economist, Jeff Rubin, is predicting $200.
To watch the latest FREE TFN Hot Stock Pick of the Week video, please follow this link:
http://www.todaysfinancialnews.com/videos/?channelID=15&showID=590
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