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.
Tackling the climate crisis and restoring the health of the planet – the central goals of the 2021 Earth Day - take on fresh urgency with every passing year.
Powerful forces—including the rise of electric vehicles and changing consumer expectations—are buffeting fuel retailers. Companies must adapt or risk becoming irrelevant.
Hydrogen is on the verge of becoming instrumental in the fight against climate change—and providing a $200 billion revenue opportunity for machinery makers.
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.
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.
A recent BCG study finds that upstream O&G companies struggle to deliver value from digital and that digital maturity correlates with value delivery.
Many companies fail to capture key benefits of replicating equipment and processes in a virtual environment. Taking these steps is essential to success.
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 to build industry resilience.
By improving the profitability of their upstream businesses, companies will have more cash for a wide range of value creation levers.