The oil and gas industry is currently exploring the best path forward when it comes to energy transition, decarbonization, volatile oil prices, and more sophisticated government regulation.
To help companies keep up, we leverage our expertise in developing new business models, transformational strategies, digital and operational approaches, and cost reduction programs—initiatives that deliver real value in the oil and gas industry and contribute to a path toward decarbonization.
By combining our deep oil and gas industry experience with proprietary digital technologies, advanced analytics, and extensive decarbonization expertise, BCG’s oil and gas consulting teams deliver lasting change to clients around the globe. Read about the impact we’ve had and the solutions we bring.
Shell and BCG have worked together on many occasions to reimagine the future of oil and gas. This time, they sought to address an important challenge for the mining and construction industries: how to maximize the productivity of equipment.
Together, we need to rethink our energy production and consumption, come up with holistic solutions, and respond to the challenges and opportunities facing our planet.
The Dutch government is facing a wave of decommissioning commitments, driven by aging fields and the volatility of oil prices. The challenge: leveraging the latest cost reduction strategies in the oil and gas industry to manage that decommissioning—estimated to cost a minimum of €6.7 billion—safely and efficiently.
One of India’s leading companies in the oil industry was facing a fundamental change in its core business: to transition from traditional fuels toward electricity, natural gas, and other low-carbon energy sources for mobility. In response, the company wanted to aggressively expand into the faster-growing petrochemicals market. But first it had to determine which segments of that market to target and then develop a sound plan for moving into each.
BCG’s global refining model provides insight into the current and future refinery sector and petroleum products markets.
BCG's performance database for unconventional assets manages detailed information on leading shale operators and basins.
The Center for Energy Impact (CEI) engages a changing industry in new and different ways by providing expert insight to drive long-term success for energy companies around the world. Through this center, our energy consulting teams shape thinking about the future availability, economics, and sustainability of the world's energy sources. They also explore implications of industry-altering, unforeseen events like the pandemic for energy companies and their portfolios.
Favorable conditions have catapulted oil and gas players from laggards to TSR leaders. But to continue delivering shareholder value, they must balance four key areas.
Eight realities are shaping the “energy trilemma.” Here’s how business and government can keep the energy transition on track.
The yearly global margin pool could surpass $100 billion in the coming decade—if market players secure more feedstock supplies, improve process economics, and address pricing issues.
