Robert Hinkel

Chief Operating Officer, Elang Energy

Member of the Natural Resources Council

Council Member Biography

Robert Hinkel is the President and Chief Operating Officer of Elang Energy, a two-year old start-up exploration and production company with operations in the Asia-Pacific region, South America and US. Previously, he was the President and Chief Executive Officer of Enventure Global Technology, a Shell-Halliburton joint venture company specializing in the commercialization of Shell drilling technologies. Prior to that, he has worked for Unocal in positions of increasing responsibility starting in drilling engineering and leading to management positions including SVP of the company's second largest E&P Business Unit and President and Chief Executive Officer of the Unocal's mining subsidiary (Molycorp). His other senior management positions included global GM of procurement and logistics. He holds a BS in Petroleum Engineering (Magna cum Laude) from the University of Texas at Austin and a Masters in International Management with an MBA from Thunderbird University in Phoenix, Arizona. (This is me - Update Profile)

Employment History

2007 - present: Chief Operating Officer, Elang Energy
2003 - 2007: President and CEO, ENVENTURE GLOBAL TECHNOLOGY LLC
2000 - 2003: President and CEO - Molycorp (Mining Subsidiary), UNOCAL CORPORATION
1996 - 2000: Senior Vice President and GM, UNOCAL CORPORATION
1994 - 1996: General Manager - Procurement and Supply Chain, UNOCAL CORPORATION
1989 - 1994: Drilling Manager, UNOCAL CORPORATION
1982 - 1989: Drilling Superintendent, UNOCAL CORPORATION

GLG News^SM Analyses by Robert Hinkel(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

Iraq's Tough Fiscal Terms for Oilfields Rejected by the Industry - Except BP

July 1, 2009

Analysis by:Robert Hinkel, Chief Operating Officer, Elang Energy

Analysis of: Oil Companies Reject Iraq's Contract Terms | online.wsj.com

The "service contracts" recently offered by the Iraqi government for oil companies to develop their huge resources represent some of the most difficult issues for the global oil companies to face. The fact that BP accepted the contract, despite only taking a $2/bbl margin that is oblivious to...

Exxon in Indonesia - A Sign of the Changing Political Fortunes of a US Super-Major

April 20, 2009

Analysis by:Robert Hinkel, Chief Operating Officer, Elang Energy

Analysis of: Indonesia says Exxon halts Cepu oil output | www.reuters.com

Exxon's almost insignificant production in Indonesia was stopped this week; ostensibly because the company had not properly permitted their pipeline with the local gov't officials. However, the only reason that Exxon was producing any oil at all at this point in time was at the request of the...

Domestic Natural Gas Remains the Key to the OPEC Importation and the Global Warming Issues

March 9, 2009

Analysis by:Robert Hinkel, Chief Operating Officer, Elang Energy

Analysis of: Pickens vs Geithner on Energy Policy | www.thestreet.com

With the Obama administration treating oil and gas in the same fashion for tax purposes, there will almost certainly be a further downturn in domestic rig count and a severe depression in earnings for the likes of Chesapeake, EOG, St Mary's, XTO, and EOG...not to mention BP, CoP, and RDS. With...

New LNG Combined with already ample supplies could keep domestic prices low for 2 yrs or more.

March 6, 2009

Analysis by:Robert Hinkel, Chief Operating Officer, Elang Energy

Analysis of: New LNG Imports Could Further Slam US Natural Gas Prices | www.rigzone.com

With gas prices already low and pipelines full, the question now is how much further prices could fall if new LNG enters the supply scene. This LNG will have to be unloaded and, unlike oil, there is no place for storage of these volumes. So, as they hit the market, the question is whatgas...

View All GLG News ^SM Analyses by Robert Hinkel