‘Toothless’ sanctions
Why the world’s largest waste management company made a $3 billion bet on the US.
Current Access Level “I” – ID Only: CUID holders, alumni, and approved guests only
Past Event
April 24, 2020
9:30 am - 10:30 am
Join us on April 24 for the last meeting of the Women in Energy group mentorship program led by Sunaina Ocalan, Corporate Strategy Director at Hess Corporation. This session will focus on managing your career in uncertain times. How will it work? Intended to build off of conversation, and experiences, this will be a group mentoring session with a maximum of 15 participants. Reading materials for topics will be sent a week in advance, and the mentor will play a faciliatory role to enable discussion. This is intended to be a safe space, so examples or specific issues can be discussed openly. Registration will be required for each session. Space is limited. Please register only if you can commit to attending the meeting. These sessions are open to all Women in Energy students and professional members. About the Mentor: Sunaina Ocalan is the Corporate Strategy Director at Hess Corporation, based in New York. Sunaina is responsible for keeping the Hess executive team abreast on macro-economic factors, and elements of supply and demand of oil and gas; how costs are trending in the industry, and other macro themes and perspectives. She is also responsible for competitor intelligence, and monitoring strategic trends in the industry. She has 18 years’ experience in the oil and gas industry, in various functions – she started her career with Schlumberger, working as an electrical design engineer. After getting her MBA, she switched gears and joined a boutique management consulting firm that got acquired by IHS CERA in Cambridge, MA. In 2012, Sunaina joined Hess as a development planning engineer for one of the company’s unconventional plays. Prior to taking her current role in Corporate Strategy, she supported all of Hess’ offshore assets and was responsible for decision analysis and economics for GOM, Asia, and Europe. Sunaina holds a bachelor’s degree in Electrical Engineering from Bombay University, India, a master’s degree in Electrical Engineering from Pennsylvania State University, PA, and an MBA from Rice University in Houston. — If you have any questions, please contact: [email protected]
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Last month, the Trump administration imposed fresh sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, signaling a renewed desire to drive Moscow to the negotiating table in its war against Ukraine. But although these measures have the potential to harm the Russian economy, just how much damage they inflict will depend largely on one actor: Beijing. China bought almost half the oil Russia exported in 2024, evading Washington’s existing restrictions in the process. And new sanctions alone will do little to push China into significantly reducing its purchases.
Connecticut needs an honest debate, and fresh thinking, to shape a climate strategy fit for today, not 2022.