The oil and gas industry deals with a lot of uncertainty and risk, and yet companies have to focus on the future to ensure financial and operational success. At PwC, we study industry trends and issues closely, to better understand the challenges that our clients face, and how we can best help them to achieve success. Our oil and gas practice focuses on delivering professional services to companies of all sizes, across all segments of the industry.
Our oil and gas experts are joined by Nicholas Gee from Weatherford to discuss the potential effects of the rise in unconventional oil and gas highlighted in our recent report ‘Shale Oil: the next energy revolution’ and its impact on business.
Companies should manage volatile commodity prices as it impacts financial performance, cash flows and margin and influences share price and market reputation. Click here to find out more on applying a successful approach to managing commodity trading risk for oil and gas companies.
Robert Turner and Scott Koronka, who were both involved in the recent Petroplus insolvency, describe the challenges facing the European refining sector and give a view that the current downturn will be more painful and prolonged than first thought.
So what can the industry do, not just to survive, but to attract the capital that it needs to emerge from the crisis?
We provide a brief overview of the key characteristics of the key markets in terms of market size and profile, as well as regulation and process.
PwC’s report addresses the complexity of managing talent and skills in the oil, gas and mining sectors and highlights some of the headline issues that affect the future oil, gas and mining workforce.
This report outlines the positive actions that industry, financial, public sector and academic stakeholders will need to take together if they are to secure the coveted position as one of the global energy capitals of the next 40 years, delivering excellence and providing a lasting legacy for Aberdeen.