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Obsidian Energy On Their Way To A Brighter Future

Penn West Petroleum is the former name of the Candian company currently known as Obsidian Energy Ltd. The business had a restructuring which concluded with a change in the name in the summer of 2017.

 

The Obsidian Energy had a somewhat rough past few tears starting with the rapid drop od the price of crude oil in Canada. Many companies in the oil and natural gas industry had no choice but to reorganize their focus as quickly as possible. A number of businesses also started selling assets. The Penn West Petroleum did the same and spent the next couple of years selling over half of their assets to reduce their net debt. Obsidian managed to bring it down from 3 billion in 2013 to 384 million at the end of March of 2017.

 

The production sources of the corporation had to tighten as well as the Penn West Petroleum focused on 4 of their 30 key areas of production. The production was reduced to approximately 28 000 barrel a day instead of the previous 135 000 barrels of oil equivalent a day. The workforce went from 1 400 employees down to 300.

 

After the restructuring and the downsizing, the Penn West Petroleum Ltd has been working toward regaining its proportions again. The company became Obsidian Energy Ltd and is on its way to growth. Now, the company has a few primary areas of production which some of are also the richest in reserves. On top of that list is the Sedimentary Basin in Canada which is the richest in the world. Other sources include the Alberta Viking, several oil sand sources, and so on.

 

Based in Calgary, Alberta, the Canadian producer of oil and natural gas was established back in 1979. The corporation is led by President and Chief Executive Officer Mr. David L French who has had decades of experience in his line of work. He previously worked for another business in the industry at the same positions. Go Here for more information.

 

Mr. David L. French had his bachelor’s from the Rice University and his MB from the Harvard University- School of Business. He has worked for companies such as Apache, Bankers Petroleum, and more.

 

 

See: https://www.bloomberg.com/quote/OBE:CN

 

National Steel Car: Role Model Canadian Company

The National Steel Car is a rolling stock manufacturing firm that is operating in Hamilton, Ontario, Canada. The company was founded by several wealthy individuals in the same city more than 100 years ago, and through the years of operation, they served as a role model for other manufacturing firms in the country. The present head of the company is Gregory J Aziz, a wealthy investor, and entrepreneur from London, Ontario. He purchased the company from Dofasco in the year 1994, and knowing that he has a talent in managing companies; he went ahead and bought the National Steel Car.

 

 

At first, he had some difficulties in managing the company. There are problems all over, and they are thinking about where they would get their additional operational expenses. However, all of these problems were resolved after Gregory J Aziz thought that he would be using his remaining influence in the financial sector and let the National Steel Car be heard all across Canada. He would also encourage the employees to come to the office early so that they could develop several ideas on how to create the best rolling stock. Through the friendly relationship that Gregory James Aziz is showing the employees, they learned how to trust him, and they have been building quality level rolling stocks ready for export overseas. See This Page for more information

 

 

The National Steel Car has been regarded as a role model because of their amazing story of rising against all of the problems that they have faced in the past. The National Steel Car survived two world wars, an economic meltdown, and other problems that the North American continent faced in the 20th century. Today, the National Steel Car is producing high quality rolling stocks that are being exported overseas to be used in public transportation. Gregory James Aziz is happy witnessing that the company he purchased more than 20 years ago is doing well and it gives him an excessive amount of profit.

 

The National Steel Car stated that without the assistance from Gregory James Aziz, the business would not flourish. The locals are thanking Gregory James Aziz for his idea of keeping most of the employees who were hired by Dofasco, and they stated that the income is received by the company is enough to help the communities around the manufacturing site. The National Steel Car is one of the most successful companies in Canada today, and they owe it to their brilliant leader, Gregory J Aziz.

 

 

See: http://gregaziz1.strikingly.com/

The Good Leadership of Gregory Aziz as the CEO of the National Steel Car

\Gregory Aziz has set his records in the National Steel Car ever since he took the leadership of the firm at about 15 years ago. He has made the company excel in many areas ranging from the production to the quality of their services to the clients. National Steel Car is a worldwide distributor that operates in the field of railroad and freight car manufacturing. The organization has increased the workers through the efforts of the CEO Gregory J Aziz. The firm has ventured globally as its principal competitive tactics. This strategy makes the company overcome the various external environment constraints that have affected its operations. Nonetheless, the company has beaten the odds over a few years as its business appears to expand and has been opening services in new locations since Gregory Aziz took the leadership of the company in 1994.

Gregory Aziz is a professional expert in the arena of economics from University of Western Ontario. Aziz place of birth is London, and he assisted the family business called Affiliated Foods to gained recognition across the globe through his great ideas in the field of management. He made the company known as the leading in the importation of the fresh produce in Europe. Furthermore, Aziz acquired new means of handling the operations in the firm by adopting the better measures of marketing products in parts of the Canada and United States.

1 The principal strength of this company is its robust brand image that has built on the side of the clients. It supplies the quality products to its clients in North America. The brand image of the National Steel car perfectly signifies the quality of services the firm offers and that consistently increases consumer’s loyalty. Additionally, its brand is useful in creating a secure emotional connection between its customers and its services as well as the online booking services itself. This makes both employees and consumers motivated and proud being associated with the company. Furthermore, it creates a competitive brand loyalty as well as well as a competitive advantage. The second company’s strength put in place at the National Steel car by Gregory J Aziz is its value-based appraising approach which helps it maximize income. Principally, the degree in which National Steel Car formulates its services helps define the highest standards of the services they are offering in the market. It is currently ruling the market in North America through the distribution of the railroad materials and freight car manufacturing.

 

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The Success Story of Hussain Sajwani of Dubai

The success story of Hussain Sajwani, the boy who worked too many hours in his father’s Dubai variety store. While he learned to work very hard as well as honing his organizational skills, young Hussain told his father that he would probably never go into business for himself because of the long hours. He favored becoming a degreed professional where at least he would be able to work normal hours.

 

While still a student, Hussain came across a way to buy candy and a very low wholesale price which he then sold to his fellow classmates. That touch of self-sustained business gave him justs enough experience to carry him forward later in his career.

 

After attending college and graduating, Hussain worked in Dubai for a gas company, and he started a food service company that eventually worked for American companies in Somalia, Bosnia, and for the US Army during the Gulf War. This experience was very successful and helped him in learning to organize and develop a larger company successfully.

 

In 2002, Sajwani established DAMAC, a real estate development and management company. He was positioned just right to capitalize on an influx of immigrants coming into the Emirates as immigration restrictions had been relaxed. He had correctly forecasted the need and purchased some property in a vacant section of Dubai in order to launch his new company.

 

He got right to work and due to his natural ability to promote and market his new company, he experienced success right away. He used eye-catching and innovative methods to capture the imagination of prospective buyers and it worked exceptionally well. Such slogans as, “A Free Bently For Every Apartment” got everyone’s attention. DAMAC started out in a very successful manner and has continued to set records for growth.

 

Sajwani manages his business very closely by paying for land in full and leaving very little debt if any as far as the rest of the construction is concerned. He keeps cash reserves in government bonds and other safe, but liquid instruments. He keeps separate accounting and banking arrangements for each project so it stands on its own.

 

DAMAC has built over 19,000 apartments and has over 44,000 other projects still in various stages of completion. His luxurious and plush apartments are very popular with people and the future looks bright indeed for DAMAC.

 

Connect with Hussain Sajwani on LinkedIn.

Obsidian Energy Changes Name, Out To Have A Fresh Start

Obsidian Energy is a company that specializes in the production of natural gas and oil. The company if located in Canada and has its headquarters in Calgary. Obsidian was founded in 1979 and since then has grown to be one of the leading oil and natural gas producers in the entire country. The company was first known as Penn West Energy but changed its name in 2017 upon the suggestion and vote of the shareholders in the company. The name of the company was changed as part of an image overhaul that the company was going through at the time.

 

 

The name changed was pushed even further because the shareholders and officers in the company felt like they no longer represented the old Penn West that it used to be. Since the company was first founded, they have constantly improved their workings and the operations that they carry out. This development has changed the face of the entire company, which is why this name change was one of the best ways to introduce the new and improved oil and petroleum provider that they currently are. See This Article to learn more.

 

 

The change of name is also the last step that the company had to take towards a total transformation that they wanted to make. The company wanted to be able to establish themselves on new principles that would work to improve the way they function and the transparency that they have to their shareholders. The company wants to also take on a new stance when it comes to the kind of work that they do. The company wants to be able to foster a healthy work environment that was different from what they had before, which is also one of the reasons why they wanted to change the name of the company from Penn West Energy to Obsidian Energy.

 

 

The name change has also led to the change in stock name, which will now be determined as OBE in the Toronto Stock Exchange, as well as the NY Stock Exchange. The change was implemented immediately, as soon as the announcement was made to the shareholders of the company.

 

More on: https://globalnews.ca/news/3481168/penn-west-proposes-name-change-to-obsidian-energy/

Obsidian Energy Rebrands for a Better Future

The energy market has always been welcoming to investors from all over the world. The department has numerous benefits to the people who have invested wisely. Obsidian remained one of the most competitive in the international community. There are thousands of companies in the oil and gas industry. These organizations specialize in the drilling and distribution of energy products to people in the world. The work performed by these companies is not easy. There are numerous organizations that were established several years ago with the main aim of making an impact in the energy department, but they have failed terribly in their plans. Others are still working hard to become the respected leaders in the tight arena.

 

The past years have not been good for the investors in the energy market. The markets have changed so many times, and company investors have been discouraged by the little incomes they have been receiving from their investments. Some companies have even been reporting great losses in the recent times, proving that things are not looking too bright. Companies have started to see some light in the tunnel, and some of them have decided to rebrand so that they can have the success they have been dreaming about. Very many organizations have given up this battle, and they are dealing with huge debts and losses. Go Here for additional information.

 

Penn West is an energy company that understands the challenges that have been taking place in the modern times because it has had to deal with them. The organization president has even announced that his company will be rebranding in an attempt to forget the recent times that have been challenging. Penn West had some serious scandals in the recent years, and they mostly affected the finance department. The serious allegations in the company discouraged many investors. Penn West has also been dealing with huge debts in the recent times.

 

After handling some of the problems the organization was facing, the top management, with the help of investors has decided to change the company name to Obsidian Energy. The company new name will be an ideal plan to make people forget about the challenging past that the company had dealt with in the past.

 

The company was at the apex of its success and was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).

 

Source: https://en.wikipedia.org/wiki/Obsidian_Energy

 

Must Read AvaTrade Review: Should You Trust This Forex Broker?

AvaTrade was established back in the year 2006 and has managed to rise through the ranks to become one of the best forex brokers. The company is regulated by the central bank and licensed in Australia, Japan, British and the European Union.

The AvaTrade requires you to sign up and have a$100 as your minimum balance to operate the account. The company offers a variety of options in the markets such as forex exchange, stock, and CFD trading commodities. It ensures that there’s something for everyone as their client.

They also have a very accessible platform on which one can conduct business at any time anywhere in the world. One can trade online or through calls. Their website is available in different languages such as English, French, Italian, Arabic, Russian, Taiwanese, German, Portuguese, Spanish and Chinese for easy use across the world. The company also ensures that there is enough customer support for help sort out any issues that may occur.

The company also has incentives to encourage people to register as members and even do business within their platform. They give a bonus of $40 to those members depositing over $200 at a go to $10,000 to those banking over $500,000 in their accounts. For those who are making profits above $10,000 in their business transactions, the company offers them specialized help and support. It Includes direct hotlines to customer care support and also tips or information relevant to the business they transacting in.

AvaTrade is also providing their customers with introductory courses for the new members to help them understand what trading online entails. They do this vial webinars, emails and reports on their website targeted to a particular group. It helps the members in their decision making and growth in the online trading business.

The company has also introduced a new feature, the cryptocurrencies. A good example is bitcoins. The company allows their members to buy and sell the cryptocurrencies for a profit. It is a fast growing currency since it has no restrictions by region and it happens to be growing fast. Predictions are that it will be the next thing when it comes to monies and trading in the world.

How Lori Senecal’s Unique Management Talent has Shaped CP&B

CP&B, a reputable advertising agency, recently issued a public statement regarding the departure of its global CEO Lori Senecal. Senecal got the opportunity to work with the ad agency based on her organizational and management talents. Since she took over as global CEO, CP&B has garnered high-profile clients like the American Airlines. She also created an effective system for the firm’s management and communication to be applied in the agency’s worldwide offices.

Despite Senecal’s departure, a new member, Danielle Aldrich, was added to the agency’s global leadership team as president. This new member is expected to serve in CP&B West that consists of several Los Angeles offices and Boulder. In praise of Aldrich’s promotion, Lori Senecal pointed out that Aldrich symbolizes the company’s core values. Danielle Aldrich previously served as co-managing director of CP&B’s subsidiary, Boulder.

Lori Senecal also mentioned that her decision to leave the company was because she had achieved a lot from CP&B. As she made a debut in the advertising industry working for a Canadian ad agency, her goal was to work in the U.S. Through her determination and dedication; she got the chance to work for companies such as KBS and McCann New York.

It has been rumored that Senecal’s replacement will come from Forsman & Bodenfors, a Swedish creative company. In 2016, this company entered into a partnership agreement with CP&B. Executives from CP&B have not confirmed these claims though they are likely to be true.

About Lori Senecal

Senecal’s duties at CP&B involved overseeing the agency’s ten global subsidiaries and expansion and growth initiatives. Thanks to her leadership efforts, CP&B transformed into a collaborative and an inventive firm. The firm has also proved to be consistent in service delivery and global expansion. Based on these efforts it was listed for Advertising Age’s “Creativity Innovation of the Year” accolade. Check out GCReport for more info.

Before her employment as CP&B’s global CEO, Lori Senecal was involved with several world-renowned companies. These include KBS, as board chair and CEO, McCann Workgroup, as a chief innovative officer, and McCann Erickson, as president. Senecal’s awards and accolades include AdAge’s “Women to Watch” and Quantum Leap Award for leadership and innovation.

See more: https://www.linkedin.com/in/lorisenecal

 

A Review of Louis Chenevert’s Achievements at UTC

In his career, Louis Chenevert has achieved much success. For 14 years, the visionary leader worked as St. Therese Production General Manager, which is a unit of General Motors. In addition, Chenevert served as the CEO and chairman of United Technologies Corporation (UTC). He is French-Canadian. Louis holds a bachelor’s degree in production management from the world-renowned University of Montreal.

For over ten years, Louis worked for General Motors. Later, he joined Pratt & Whitney, a business unit of United Technologies Corporation. After working for six years at Pratt & Whitney Canada, the executive was elected president of the entire business in 1999. Chenevert rendered his services for seven years before he was promoted to serve as the president and CEO of UTC.

As the head of UTC, which is worth $100 billion, Chenevert achieved much success. A large number of corporate executives are yet to achieve such achievements in their respective professions. Early in his career at UTC, Louis Chenevert played a pivotal role in the acquisition of Goodrich. Negotiations with the leadership of the company went on for over a year before they settled on a deal of $18.4 billion.

Moreover, Chenevert focused on promoting the advancement of technology and growth of employees. He helped the company to invest in outstanding technology and its people. When he took over the leadership of the company, Chenevert made it his personal goal to use his knowledge and experience to make significant improvements in UTC. He is credited for initiating a noble Employee Scholar Program. This initiative covers the cost of education for the employees seeking to enhance their careers. More than 40,000 UTC employees graduated with their degree courtesy of the program.

The executive’s forward-thinking ability is one of his admirable qualities. He was able to select projects having the greatest potential to advance the firm’s vision and inspire employees to work towards enhancing the company’s success. Owing to his exceptional commitment to his work and vast accomplishments, Chenevert has been honored multiple times. In 2009, he received the National Building Museum’s Honor Award. In 2011, Aviation Week & Space Technology named him as the Person of the Year.

George Soros’ Path to Philanthropic Success

There are few people in the world who can lay claim to being a billionaire. There are even fewer people who can also claim to have given billions of dollars back to the world through their philanthropic efforts. George Soros, a notable investor and one of the brightest faces of progressive politics, Soros has made a name for himself as a brilliant investor with the Soros Hedge Fund and he has made sure to give his all into making the world a better place around him. George Soros’ story is as interesting as it is long and it’s better served digging right into.

George Soros was raised in Hungary, where he was born, and he would be a teenager when he’d be forced to flee from the country for his life. In 1944 the Nazi occupation began in earnest while WW2 was in full swing. Soros and his family members saw Nazis come to town and oppress in the way that only violent, inspired nationalists. Over the year of the occupation over 500,000 Jews from Hungary would end up dead, brutally murdered by the regime. Soros and his family would help countless Hungarian Jews escape before fleeing and emigrating to London. Soros would go to school at the London School of Economics where he would become familiar with the philosophy of Karl Popper. Soros would use this opportunity to enhance the key concepts that he would carry with him for the rest of his life as both a businessman and a political figure and read full article.

After graduating George Soros would move to New York, literally setting sail for America. Soros would set up shop in New York where he would pursue his dream of becoming a great investor. Soros would succeed before too long and he would use his newfound success in order to establish the Open Society Foundations. The Open Society Foundations is the philanthropic arm of the Soros fortune and it has been focused on providing funding to grassroots foundations all around the world that are focused on democracy, social justice, and transparent governing. To date the Open Society Foundations has donated over $12 billion to a variety of different places all around the planet, including here at home in the United States and his Twitter.

George Soros has done more with his wealth than most but that has never satisfied him. Now, Soros is focused on fighting back against the destructive Donald Trump agenda. Soros knows that Donald Trump stands for everything that Soros has spent his life working toward. George Soros is instigating social progress in the progressive party and he is inspiring more liberal elites to get involved again. George Soros will be the key to democratic success in the next couple of years and contact him.

Other Reference: https://www.georgesoros.com/the-life-of-george-soros/