Climate change is no longer a distant concept. If we carry on our current emissions trajectory, we risk setting off irreversible and catastrophic climate tipping points. Altering this trajectory requires nothing short of a large-scale transformation of the global economy.
There is significant potential for Vietnam to develop into a regional powerhouse in energy, but the path ahead will require bold ambition and the conviction of multiple players in the sector to take deep and meaningful action.
International O&G companies are preparing for the future by expanding into low-carbon markets or doubling down on efficiency in hydrocarbon production.
By tapping into nonfuel value pools and boosting their energy transition efforts, players can diversify away from hydrocarbons and offset the volatility of their traditional businesses.
The key issue in post-COVID-19 market risk assessment in the industry is peak investment—not peak demand.
Despite maintaining a positive outlook on future demand, investors want the O&G industry to meet emissions reduction targets and seek green portfolio alternatives.
The trucks used in industries like mining and agriculture burn diesel and emit a lot of CO2. Fortunately, replacement solutions exist—if companies understand the costs and benefits.
Can we create a global waste disposal service for carbon? BCG Managing Director & Partner Bas Sudmeijer proposes building networks to trap CO2 emissions deep in the earth, giving us a shot at stalling climate change.
Companies that act now to reduce the environmental footprint of their drilling operations can differentiate themselves from competitors and boost their valuation multiples.
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.
Artificial intelligence has the potential to reduce companies’ greenhouse gas emissions and cut costs by monitoring their carbon footprint and then reducing it through increased efficiency.
Seven imperatives hold the key to succeeding with digital transformation at scale.
Shell and BCG Digital Ventures have paired numerous times to reimagine the future and, in the process, have incubated and launched several new businesses. MachineMax, which evolved from an initiative whose initial aim was to find new applications for Shell lubricants, provides an answer to a critical challenge facing the mining and construction industries: how to maximize the productivity of their equipment.
BCG's Tina Zuzek demonstrates how companies can retain their best female employees.
BCG's Whitney Merchant highlights the benefits of promoting women to senior leadership positions.
BCG's Alan Thomson speaks to the tangible benefits of gender balance in the workplace.
BCG's Anne-Charlotte Quercia reinforces the need for gender-neutral policies.
To celebrate International Women’s Day, BCG’s Energy Practice had the honor of hosting a panel of highly respected women in Oil & Gas and Energy.
BCG shares findings from client experience and industry benchmarking, offering ten practical solutions for turnaround maintenance planning. Read more.
Read BCG and the Gulf Petrochemicals and Chemicals Association (GPCA) latest report created to stakeholders navigate the tailwinds that have influenced business profitability.
Faced with an unprecedented crisis, operators should use a dual approach that supports suppliers and embraces strategic partnerships.
