People - Exclusives
A wave of young talent is reshaping the oil and gas sector, but attracting and retaining them requires a new way of thinking.
Staci Taruscio’s wealth of expertise led her to branch out on her own. In May 2015, she founded Tulsa, Okla.-based E&P Rebellion Energy LLC, backed by Natural Gas Partners, and serves as president and CEO.
The industry can take plenty of steps to help attract and retain the younger generation.
At the beginning of 2014, Kyle Derham joined Rice Energy at an active and exciting time. The company IPOed that January when he signed on as vice president of finance. During his first year at Rice, the company issued more equity to finance an acquisition, executed its inaugural bond offering, and then took Rice’s midstream as-sets public through a master limited partnership.
The CEO says he favors consolidation over diversification, adding that it’s time to focus on returns rather than growth.
While a poll revealed employee headcount will remain stable over the next year, oil and gas companies must assess leadership styles and bear in mind the desires of millennials joining their ranks.
Two launches illustrate the different ways entrepreneurs are putting money to work in today’s oil and gas market.
Perception is reality, and today’s teenagers’ view of oil and gas puts the industry in peril.
Out of 109 oil and gas industry executives surveyed, 76% said they had a low expectation of the public’s trust in the industry.
Charif Souki, the man who launched the U.S. as an LNG exporter, is back in business with a new, bolder venture. And he has the team to pull it off.
Stephen Chazen, former president of Occidental, will lead a new company that hopes to raise more than $600 million for shale gas acquisitions.
Mike Pearl, vice president of finance, and treasurer at Anadarko Petroleum Corp.; Yaw Asamoah, managing director and head of energy capital markets at J.P. Morgan