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The Importance of Supplier Diversity from Brenda Udunna at SCP Houston
Brenda Udunna has over two decades of supply chain experience in sourcing, procurement, contracting, category management, supplier onboarding, supplier diversity, data management, and governance. She has worked with some of the largest energy providers in the world, including ConocoPhillips and Phillips 66, and she currently serves as strategy and performance analysis manager of global supply
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Integrating ESG Throughout the Organization with Jingfei Guo of Chevron, SCP Houston
Jingfei Guo has spent the last two decades with one of the largest energy companies in the world. Guo currently serves as the Upstream General Manager for Chevron’s Procurement/Supply Chain Management (P/SCM) function and has held the position since February 2018. Her role is critical to driving commercial stewardship of the multi-billion dollar annual third-party
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Addressing Supply Chain Disruptions with Faraz Shahid at SCP Houston Conference
Faraz Shahid worked with BP for 17 years in a variety of leadership and supply chain roles and has lived and worked in six countries across three continents during this period. After most recently serving as the procurement director responsible for placing BP’s third-party spending for all engineering, fabrication, and construction requirements worldwide, he has
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Keynote from Texas A&M Professor Begins Energy Supply Chain and Procurement Summit
The 8th Annual Energy Supply Chain and Procurement Summit began in Houston with a stellar lineup of who’s who in the energy supply chain industry. Leading off Day 1 was Texas A&M professor Xenophon Koufteros, who teaches Supply Chain Management at the Mays Business School. Koufteros also holds the Jenna & Calvin R. Guest Professorship in
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U.S. EPA Proposes Biofuel Program Revamp
President Joe Biden’s administration unveiled a three-year proposal to expand the U.S. biofuels policy with bigger volume mandates. For the first time, this will include a pathway for electric vehicle manufacturers to build valuable credits. According to Reuters, Biden wants to fight climate change by lowering fossil fuel use in America’s transport sector. This is
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Investing in the Future of Oil and Gas with Jim Lawnin
Jim Lawnin has spent the last four decades working in and around the oil and gas industry. During that time, he has seen a major shift in where companies are investing their resources. “I’ve been in it (oil and gas industry) for 40 years,” Lawnin said. “We’ve seen a huge transition to ESG focus.” Lawnin
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UAE Plans Global Energy Push with Major Investment, Increasing Oil-Production Capacity
The United Arab Emirates’ leading energy company will increase investment to $150 billion over the next five years, speed up an increase in oil-production capacity, and list some of its natural gas business. According to Reuters (via EnergyNow), Abu Dhabi National Oil Co. said it would expand its international gas, chemicals, and clean-energy operations. The
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NextEra Energy to Invest $805 Million to Expand Renewables Portfolio
An American energy company is making a major investment in renewable energy. According to Reuters, NextEra Energy Partners LP said the company signed a deal to acquire solar and wind assets for $805 million as it expands its renewables portfolio on increasing demand for clean energy. The emphasis on promoting alternative energy sources has gained
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Carlyle Group Seeks $1.6 Billon for Second Renewable Energy Fund
A private equity company is making a major investment in renewable energy. According to people familiar with the story, Reuters is reporting that Carlyle Group Inc is seeking at least $1.6 billion for its second private equity fund to invest in renewable energy and sustainability assets. The sources for Reuters said the Washington, D.C.-based firm
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Nigerian State-Owned Oil Company Begins Drilling at Field Outside Niger Delta
A major African oil producer is expanding its drilling area northward. According to Reuters, Nigeria’s state-owned NNPC Ltd began drilling for oil and gas at a field in northern Nigeria as the country is trying to begin producing crude outside the Niger Delta. NNPC said in a statement that phase one of the Kolmani project
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China’s CNOOC Pays Petrobras $1.9 Billion in Production Sharing Deal
A major Chinese oil and gas producer is investing in a South American company. According to Reuters, Brazil’s state oil firm Petrobras said it received 10.3 billion reais ($1.9 billion) from Chinese oil and gas major CNOOC, for a 5 percent stake in a production sharing deal at the Buzios oil field. With this agreement,
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Germany Considers State Guarantees for Renewable Energy Production
A European country could offer some major incentives for renewable energy investment. According to Reuters, Germany is considering introducing state guarantees for investments in renewable energy, Economy Minister Robert Habeck said on Monday, as Berlin works to become more independent in scaling up renewables capacity. Germany, which is Europe’s biggest economy, has a goal to
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