Partner and Associate Director, Center for Energy Impact
Jamie Webster is a partner and associate director at the BCG Center for Energy Impact.
He is as an expert in energy markets and geopolitics, with a focus on energy scenario forecasting, resource issues, energy transitions, changes in energy market structure, and national energy policies. He is a frequent public speaker on energy issues, is regularly quoted and seen in the press, and has testified multiple times to both houses of the US Congress.
Previously Jamie was a vice president at IHS, where he led the oil markets team.
The next ten years will determine the winners and losers in the refining business. Here’s what industry participants can do to prepare—and succeed.
Eight realities are shaping the “energy trilemma.” Here’s how business and government can keep the energy transition on track.
Key stakeholders believe that oil prices will remain high in the short term. They also think that companies need to plan for the transition to cleaner energy.
A dramatic upsurge could start later this year and end within 18 months. What’s more, it could be the world’s last—a boon for efforts to combat climate change.
The key issue in post-COVID-19 market risk assessment in the industry is peak investment—not peak demand.
By improving the profitability of their upstream businesses, companies will have more cash for a wide range of value creation levers.
An analysis of pandemic stimulus measures finds that Europe is continuing its steady shift toward green energy while major Asian countries are sharply accelerating their transition.
The agreement to cut production may go some way to restoring the industry’s fortunes—but oil players will have to proceed carefully.
Companies will need to scale back their oil price assumptions for deals to flourish.
Oil producers are feeling the financial pressure created by the collapse in crude oil prices. To compensate for the lost revenue from exports, they will have to depend on budget cuts and foreign reserves.
On top of the demand shock in the oil market, sparked by COVID-19, is a supply shock that could flood the market. Even robust oil companies will face threats to their business.