Perspectives

COVID-19’s impact on oil, gas, and chemical organizations

Guidance for oil, gas, and chemical executives

The impact of COVID-19 and the oil prices war are proving to be a two-pronged crisis for oil, gas, and chemicals companies. Oil prices are dropping due to failed agreements on production cuts and the need for chemicals and refined products is slowing from industrial slow-downs and travel restrictions in the wake of this global pandemic. This article discusses the possible long-term impact on the industry, what questions the company should be asking itself and provides suggested next steps.

Topics covered in this article:

  • Potential long-term impact on oil, gas and chemicals companies
  • Key questions executives and boards should be asking
  • Practical next steps
Understanding COVID-19’s impact on oil, gas, and chemical organizations
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