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Re: RiverRipper's Guide to Energy [#permalink]
Interesting article by Yergin (author of the Prize) from Forbes.

https://www.forbes.com/2009/09/03/oil-daniel-yergin-business-energy-oil.html
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Re: RiverRipper's Guide to Energy [#permalink]
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Kudos
I'll chime in on the languages with a simple story. I was very excited about learning Spanish and was assigned to a Latin America Business Unit. After about a month of trying to get people to speak Spanish with me with very little success I asked my mentor about it. He told me that the managers I was communicating with were trying to improve their English. Most expats looking to move up in the company are trying to master English. So for the most part English really is the global language for energy companies.

Another example comes from a coworker of mine who is Nigerian - he explained if two Nigerians meet on the street there is only a slim chance they speak the same language, because of this they will default to English which they learn in school.

Brazil/Africa/Asia are the big markets right now for Energy so you can't go wrong with Portuguese, Spanish, Australian accent - but impeccable English will get you a long way.
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Re: RiverRipper's Guide to Energy [#permalink]
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I'm working for an oil company right now before my MBA and I can see the advantage of learning a language. I would like to recommend French for consideration, because it is surprisingly prevalent in oil destinations throughout Africa. And the difference between a village in Congo and Paris is that in Paris, the person you are talking to probably speaks some English, or at least the other guy in the room does. So it's really important to know some French if you want to be understood outside of work situations - negotiating with customs officers at the airport, directing a taxi driver or ordering food in a restaurant.

However, in work, as other posters have said, most of your colleagues will be expats or westernized locals with decent English. Even if you've done your Berlitz classes or whatever, these guys are going to speak English better than you speak the local lingo and the meeting will move way faster in English.

So learn the language to make your life easier, but don't put it too high on your priority list. Oil companies will pay for training anyway - I got 60 hours of one-on-one tuition when I arrived in Italy. Molto bene!
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Re: RiverRipper's Guide to Energy [#permalink]
britguy wrote:
I'm working for an oil company right now before my MBA and I can see the advantage of learning a language. I would like to recommend French for consideration, because it is surprisingly prevalent in oil destinations throughout Africa. And the difference between a village in Congo and Paris is that in Paris, the person you are talking to probably speaks some English, or at least the other guy in the room does. So it's really important to know some French if you want to be understood outside of work situations - negotiating with customs officers at the airport, directing a taxi driver or ordering food in a restaurant.

However, in work, as other posters have said, most of your colleagues will be expats or westernized locals with decent English. Even if you've done your Berlitz classes or whatever, these guys are going to speak English better than you speak the local lingo and the meeting will move way faster in English.

So learn the language to make your life easier, but don't put it too high on your priority list. Oil companies will pay for training anyway - I got 60 hours of one-on-one tuition when I arrived in Italy. Molto bene!


Recognize ENI here
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Re: RiverRipper's Guide to Energy [#permalink]
davud82 wrote:
britguy wrote:
I'm working for an oil company right now before my MBA and I can see the advantage of learning a language. I would like to recommend French for consideration, because it is surprisingly prevalent in oil destinations throughout Africa. And the difference between a village in Congo and Paris is that in Paris, the person you are talking to probably speaks some English, or at least the other guy in the room does. So it's really important to know some French if you want to be understood outside of work situations - negotiating with customs officers at the airport, directing a taxi driver or ordering food in a restaurant.

However, in work, as other posters have said, most of your colleagues will be expats or westernized locals with decent English. Even if you've done your Berlitz classes or whatever, these guys are going to speak English better than you speak the local lingo and the meeting will move way faster in English.

So learn the language to make your life easier, but don't put it too high on your priority list. Oil companies will pay for training anyway - I got 60 hours of one-on-one tuition when I arrived in Italy. Molto bene!


Recognize ENI here


Hahaha, definetly either ENI or Saipem (which is almost the same!)
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Re: RiverRipper's Guide to Energy [#permalink]
Wow, thanks riverripper for the detailed guide! I have an engineering background (BS and MS in electrical engineering), and am headed to a b-school known for GM this fall (Ross). I was an engineer for 5-6 years, but am currently doing a marketing internship. I'm mainly interested in energy - and sustainability, which may not go over too well - and am definitely interested in rotational programs. I am also interested in international experience in Africa and Asia. Based on your description and my background/career goals, it sounds like I would make a good fit. Do you know if they (especially Exxon) hire from Ross? Thanks!
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Re: RiverRipper's Guide to Energy [#permalink]
Exxon does recruit at ross for Treasury and Comptroller. You can check out the company database on impact if you're interested in companies that recruiting on campus.
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Re: RiverRipper's Guide to Energy [#permalink]
Any idea if they hire internationals either for US or international locations? Energy companies seem interesting and I wouldn't mind coming back to my home country working for one of these giants.
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Re: RiverRipper's Guide to Energy [#permalink]
gijoedude wrote:
Any idea if they hire internationals either for US or international locations? Energy companies seem interesting and I wouldn't mind coming back to my home country working for one of these giants.


I am pretty sure they will hire internationals for international locations. Not so sure on the US visa side.
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Re: RiverRipper's Guide to Energy [#permalink]
3underscore wrote:
gijoedude wrote:
Any idea if they hire internationals either for US or international locations? Energy companies seem interesting and I wouldn't mind coming back to my home country working for one of these giants.


I am pretty sure they will hire internationals for international locations. Not so sure on the US visa side.


Agreed, as far as I could gather from their corporate presentations.
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Re: RiverRipper's Guide to Energy [#permalink]
I am an energy trader and if anyone is looking into that field... post something up
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Re: RiverRipper's Guide to Energy [#permalink]
Bookmarked this thread!
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Re: RiverRipper's Guide to Energy [#permalink]
lsuguy7
I do not know if you still read the stuff here, but I have 8 yrs with Exxon and am contemplating going back to bschool for a MBA. It looks like you are in Chevron with a MBA. Can you tell me what kind of opportunities you have found there and any tips? Thanks

lsuguy7 wrote:
Here is a previous blog post I made for the Consortium Energy Network.

"The Epic Quest for Oil, Money, & Power
Well I’m finally back from some much needed vacation. I spent the last week in Colorado, fly fishing an area of the South Platte River known as the “Dream Stream.” I really enjoy Colorado, and the people I meet streamside. I was surprised how many people I met asked me about the new Oil & Gas laws implemented in Colorado, to protect fisheries from contamination, and how the new regulations might impact the economy of Colorado.

Before I go down the path of regulations, green energy, sustainability, clean tech, and many of the other “hot” topics, I thought this would be an excellent time to talk about how we got here. Understanding the history of the industry plays an important part in knowing where we are going and the growing challenges we’ll face.

Instead of me trying to recap the history I know together into a blog post – I’ll give some references I used in undergrad recruiting and others that have been recommended to me as a Chevron employee.

1. The Prize: The Epic Quest for Oil, Money, & Power by Daniel Yergin (Amazon)

2. For those of you who don’t want to sit down to read 928 pages of The Prize, you can try - Empires of Industry: Black Gold: The Story of Oil (documentary by the History Channel). You can also find this one on Netflix so if you are a member put it in your queue or download it right to your computer. (Amazon) (Netflix)

3. The Vault Guide to Top Energy Employers – this is a nice supplement to a company’s website or basic marketing materials.

4. Good ol’ Wikipedia - History of the Petroleum Industry

5. Post your favorite history sources as comments!

Remember learning as much as you can about the industry and the specific company you are targeting is going to be a big help in recruiting. Hopefully, we’ll get to some talking points, as well as some industry lingo that will help you carry a conversation with industry professionals and recruiters.

“Laissez Les Bon Temps Rouler & Geaux Blue!”
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Re: RiverRipper's Guide to Energy [#permalink]
It's definitely hard for me to keep up with the consortium/energy/ross threads on the forum anymore best way to reach me is pm. I was actually at Chevron prior to b-school did my summer internship at a "super" major utility and have accepted a position as an energy consultant so I'd be happy to answer any questions along any of those lines.
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Re: RiverRipper's Guide to Energy [#permalink]
lsuguy7 wrote:
It's definitely hard for me to keep up with the consortium/energy/ross threads on the forum anymore best way to reach me is pm. I was actually at Chevron prior to b-school did my summer internship at a "super" major utility and have accepted a position as an energy consultant so I'd be happy to answer any questions along any of those lines.


Hey lsuguy7, are you in REC by any chance?
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Re: RiverRipper's Guide to Energy [#permalink]
I'm definitely active in REC and always around if you want to talk energy or recruiting.
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Re: RiverRipper's Guide to Energy [#permalink]
lsuguy7 wrote:
I'm definitely active in REC and always around if you want to talk energy or recruiting.


Cool. I'm actually in Houston right now on an REC-sponsored trip to meet energy companies in the area. It'd be really funny you turn out to be on the trip, too.
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Re: RiverRipper's Guide to Energy [#permalink]
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