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Hear from our oil and gas leaders
From digital transformation and energy transition to global economic growth, Deloitte leaders in oil, gas, and chemicals share their insights on the future of the industry as featured guests on the popular oil and gas radio show, “In the Oil Patch.”
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2021 oil and gas industry outlook
The oil and gas industry is used to the highs and lows of economic cycles. The downturn caused by COVID-19, however, is unlike any other. With the survival of many companies at risk, coupled with a longer-term decline in petroleum demand, the next decade could look very different for the oil and gas market.
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2021 power and utilities industry outlook
In 2020, the US power and utilities (P&U) industry led the clean energy transition despite federal policy headwinds, and COVID-19 helped solidify the urgency. How will the energy industry converge as players seek to serve a growing clean power industry in an economy moving toward electrification?
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Portfolio optimization in oil, gas, and chemicals
Transforming their asset portfolio is no longer a choice for oil, gas, and chemical companies—it’s a necessity. While companies understand the imperative to change, the choice between staying and competing for the remaining value in existing businesses and embracing energy transition is not an easy one.
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Innovation in chemicals
Chemical companies that seek to survive the challenges ahead should rethink their traditional approaches to innovation. It could entail capitalizing on innovation by leveraging the advances in digital and materials science technology, collaborating with ecosystem partners, and focusing on business model acuity.
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Leading in a low-carbon future
How can executives drive industries and organizations to reverse course on climate change and lead a more sustainable economy? Adopting systems thinking can help with a successful transition to a low-carbon future.
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Energy scenarios in focus
Energy is the pulse of our day-to-day life and how we create and use it is changing rapidly. What the future will look like is not certain, but what is clear is that we’re well on our way to a new energy future.
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Decarbonizing road freight: Getting into gear
Decarbonization has become a global imperative and a priority for governments, companies, and society at large. This report is the second installment in a series exploring the decarbonization of harder-to-abate sectors. In this report, Deloitte together with Shell capture the industry view of how to decarbonize the road freight sector.
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Decarbonizing Shipping: All Hands on Deck
Decarbonization has become a global imperative and a priority for governments, companies and society at large which, in turn, are making commitments and increasing efforts to close the gap to net-zero emissions.
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The net zero workforce: Oil, gas & chemicals
The 2050 drive to net zero is creating a fundamental shift for oil, gas and chemicals businesses. Companies that build a motivated, digitally driven workforce with the right skills and capabilities will be at the forefront of this change.
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Investing in hydrogen: Ready, set, net zero
Achieving the UK's net-zero target by 2050 will be a challenge. Hydrogen can make a substantial contribution, but it needs investment and policy support to establish demand, increase the scale of deployment and reduce costs. The Ten Point Plan for a Green Industrial Revolution confirms the government’s commitment to drive the growth of low carbon hydrogen in the UK through a range of measures.
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Creating a viable hydrogen economy
Hydrogen is projected to play a key role in the future of energy and its development will happen faster than many might expect. Increasingly, business leaders understand they need to get a grip on hydrogen to understand where the opportunities will be.
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Future of the chemicals value chain in Europe
The chemicals industry in Europe is not only a vital and important part of the European economy, but also a major and critical supplier to key industries like Automotive. It is important to understand what drivers are affecting the future of chemical production and how the future of the chemicals value chain in Europe may look like.
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Digital maturity assessment for upstream oil and gas operators
Since 2017, Deloitte’s digital maturity assessment has gauged how upstream oil and gas operators are adopting and innovating with digital technologies. The results of this year’s survey indicate overwhelming recognizance of digital promise, though most organizations agree there’s still work to be done.
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Upstream Oil and Gas energy transition
There are operating model implications for each of the positions available to upstream oil and gas companies along the oil and gas Energy Transition spectrum. This article identifies three levers that support lean operating models and discusses areas of internal transformation that can help companies maximize opportunities and minimize risk during the shift to a low-carbon future in upstream oil and gas. The winners—the last barrel standing—will be those oil and gas upstream companies that adopt and apply a forever-lean mindset across the entire asset lifecycle.
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