Diversification Versus Discipline: Value Creation in Oil and Gas 2021
International O&G companies are preparing for the future by expanding into low-carbon markets or doubling down on efficiency in hydrocarbon production.
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 race to net-zero emissions will forever change the way many companies do business. The immediacy, pace, and extent of change are still widely underestimated. Early movers can seize significant advantage. This report shows how.
Government procurement agencies must take steps to abate their greenhouse-gas emissions. They have the buying power to encourage heavy-emitting industries to abate theirs as well.
Which technologies are capturing private investment, where is more investment most needed, who must provide it, and how best can they make the necessary investment decisions? Find out where the smart money is headed.
Growing demand for hydrogen will impact transportation and distribution networks differently. Players must plan ahead if they are to successfully navigate the coming disruption.
Digital tools enabled by advanced analytics, artificial intelligence, and machine learning can help companies uncover the fastest and most effective path to abating the O&G industry’s greenhouse gas emissions.
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.
The pandemic and a host of social crises over the past 18 months have put a much-needed spotlight on the important role the corporate community can play in promoting diversity, equity, and inclusion. CEOs were truly moved to do more.
Although the oil and gas industry has made significant progress toward greater diversity, much remains to be done to gain the performance and productivity benefits that a diverse workforce provides.
BCG's Tina Zuzek demonstrates how companies can retain their best female employees.
BCG's Alan Thomson speaks to the tangible benefits of gender balance in the workplace.
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.