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06 May 2017

Energy needs to be decarbonized, decentralized, and digitized

"Energy needs to be decarbonized, decentralized, and digitized"

You can download and watch the video by clicking here.

The title of this post is from a promotional video for a "MOOC", which is short for "Massive Online Open Course". MOOCs are real course modules from universities, opened for enrolment to anyone in the world. The words "massive" and "open" mean that anyone can join... and so can you!

The MOOC is "New Energy Technologies: Energy Transition and Sustainable Development". It is being offered the Grenoble Ecole de Management (GEM), on FutureLearn, the UK MOOC platform.

Here is a description of the MOOC:
Discover how business and technology are taking on the world’s energy challenges

In a world facing pressing energy challenges, the need for alternative energy and new energy technologies has never been more pressing. This course explores the new and upcoming technologies that may help solve some of the world’s biggest energy challenges - examining them from both a business and technological perspective.

Created by Grenoble Ecole de Management and Tenerrdis, alongside Air Liquide, GE Renewable Energy, CNR, Think Smartgrids, Yélé Consulting, Schneider Electric and Grenoble Institute of Technology, it uniquely combines leading academic research with on-the-ground experience.

28 March 2017

Competitive Petrol Prices Soon?

The first article

Today I was referred an article at Sinar Harian, "Perang Harga Minyak Bermula!".

Translated into English, it means, "The Oil Price Wars Begin!"

And in that article there is a tantalizing line: "...setiap stesen minyak akan berlumba-lumba menawarkan harga bahan api yang istimewa bagi menggoda pengguna untuk mengisi petrol atau diesel di stesen mereka."

Translated into English, it means, "... every petrol station will race to offer special prices for petrol to seduce consumers to fill in petrol or diesel at their station."

That seems to imply that different petrol stations will have different petrol prices!

08 January 2017

Malaysia and OPEC

What is OPEC?

OPEC stands for the Organization of Petroleum Exporting Countries. It is an intergovernmental organization, created in 1960 at the behest of Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. These five countries are commonly called the Founding Countries of OPEC.

If you stare hard enough at the OPEC logo, you might see four barrels of oil.

Other countries which are members of OPEC include:

  1. Qatar (joined 1961), 
  2. Indonesia (joined 1962), 
  3. Libya (joined 1962), 
  4. the United Arab Emirates (joined 1967), 
  5. Algeria (joined 1969), 
  6. Nigeria (joined 1971), 
  7. Ecuador (joined 1973), 
  8. Gabon (joined 1975) and 
  9. Angola (joined 2007).

02 September 2016

Upstream, Midstream, Downstream.

What are the differences?

In the oil and gas industry, there are various sectors which may be conveniently be described as upstream, midstream, and downstream. 

"Upstream" refers to the exploration and production of oil.

"Midstream" refers to the transporting, processing, and storing of oil.

"Downstream" refers to the manufacturing, refining, petro-chemicals, marketing, and retailing of oil.

This is how the upstream river looks like.

10 August 2016

How to survive a lay-off in the oil and gas industry.

Oil prices are down.

It's no secret. Oil prices are down and today's newspaper featured experts who estimated that USD40 to USD50 per barrel will be the new "normal" for the next five to six years. The days of multi-month bonuses are gone. The days of oil and gas being the lucrative sector are a distant memory. 

The oil companies are now facing the reality of cheap oil: Hurrah say the developing nations! Hurrah say the advanced nations! And in the quiet corner of the room, the oil-producing countries shed their tears quietly.

If you feel bad about being laid off, don't. It wasn't your fault. At least, if you were laid off along with a few hundred other folks. If you were laid off by yourself then it's probably you.