The oil and gas (O&G) industry should look to uphold capital discipline and prioritize viable low-carbon projects to help successfully navigate the changing energy demand landscape. Deloitte's 2024 O&G industry outlook explores 5 key trends that will shape strategies and priorities of oil and gas companies. Open Publication
"In the global transformation of infrastructure to support cleaner energy, two things are clear: we have a long way to go, and it's not going to come cheap." Open Publication
The oil and gas (O&G) industry earned record profits in 2022, providing ample cash flow to fund their strategies in 2023. And while O&G companies recognize geopolitical and macroeconomic uncertainty in the year ahead, they’ve also been given a clear mandate to secure supply in the short term while transitioning to cleaner energy in
Climbing energy costs and uncertainty surrounding inflation will compound complex issues like decarbonization on a global level. Businesses and their supply chains are stretching price elasticity to weather the economic challenges. The rate and pace of the energy transition is adding to tensions. As countries look to expand their power generation through electrification and