The dysfunctional family that is OPEC seems to have put differences aside during recent negotiations in Algiers, striking a deal to cut output for the first time since 2008. But how the deal will develop is under more doubt. OPEC is still trying to find its way in the "age...
Why do some of the most intelligent people sabotage their own success? It all goes back to unconscious thought traps, also called cognitive distortions, that anyone can fall victim to. It's simply part of being human.
Managers in the workplace have multiple roles to play and continuously evolving responsibilities. They must instill a high-performance mindset in their employees while creating a culture the foundation of which promotes teamwork and competitiveness for the betterment of...
In most cases, charisma is a useful quality for CEOs. Many work hard to develop charismatic skills. Especially when an organization is asked to become more innovative and to perform beyond normal levels, having followers with an unusually strong belief in the leader and...
Three Russian companies have signed contracts for oil field development with the National Iranian Oil Company, a senior NIOC manager told media. Gholam-Reza Manouchehri, deputy managing director of NIOC, said the companies were Lukoil, Tatneft and Zarubezhneft.
In the emotion-laden aftermath of the U.S. presidential elections, the focus of all energy attention seems to be exclusively on crude oil and domestic production. Specifically, on whether energy independence is at all possible and whether cutting Saudi Arabia out of the...
Rising oil prices have probably shielded most U.S. drillers from debt defaults next year, Fitch Ratings says. Energy companies have defaulted on $7.7 billion in leveraged loans, a certain category of higher-risk loans sold to investors,...
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