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Digital transformation in energy: Achieving escape velocity

The need for digital value is greater and the barriers to change are lower—yet inertia persists. Three practical lessons can help energy companies break through.

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Institutionalizing drilling and completions efficiency in US unconventionals

– US shale drillers lead the world—but even so, investing to improve drilling efficiency, well design, and back-office functions can deliver returns that far outweigh the costs.

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Market outlooks

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The future of natural gas in North America

– What role will natural gas play in North America’s energy mix over the next decades? And how can players position themselves to manage threats and capture opportunities from the energy transition?

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Climate Change

Earth's changing climate has big implications for citizens, businesses, and policy makers. This collection draws together articles and reports on physical climate risk, sustainability, the energy transition, and approaches to face up to the challenges brought on by climate change.

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Article

Downstream oil and gas amid COVID-19: Succeeding in a changed market

– North American industry shapers will quickly develop strong market perspectives, adopt flexible staffing models, and deploy streamlined... labor pools aligned with decisive strategic and operational choices.
Article

Reinventing upstream oil and gas operations after the COVID-19 crisis

– To come out of the crisis, the sector needs to change how it works.
Article

How COVID-19 and market changes are shaping LNG buyer preferences

– Our recent survey gauges how the pandemic has affected buyer sentiment with expectations of an increased reliance on the spot... and short-term market.
Article

Institutionalizing drilling and completions efficiency in US unconventionals

– US shale drillers lead the world—but even so, investing to improve drilling efficiency, well design, and back-office functions... can deliver returns that far outweigh the costs.
Article

Plugging in: What electrification can do for industry

– As the prices of renewable electricity and electric equipment continue to drop, industrial companies can capture cost-saving and... GHG-emission-reduction opportunities by planning the electrification of their operations.
Article - McKinsey Quarterly

Reimagining industrial operations

– Through innovation, advanced analytics, digitization, electrification, and process efficiencies, carbon-intensive operations underpinning... the global economy can shape a more sustainable future.
Article

Oil and gas after COVID-19: The day of reckoning or a new age of opportunity?

– Leading companies will use the crisis to redefine their reasons for being and their basis for distinctiveness.
Article

Winning the race for world-class LNG optimization capabilities

– The race to claim the portfolio development and optimization space has led to double-digit growth in the number of LNG commercial... roles. Investment in trading and origination capabilities is needed.
Article

Toward a net-zero future: Decarbonizing upstream oil and gas operations

– To operate well is to operate responsibly—but more must be done on sustainable design and balanced portfolios to achieve a net-zero... future.
Article

A new mandate for the oil and gas chief information officer

– In an increasingly data-dependent sector, oil and gas companies need to scale up their use of technology across the enterprise... rapidly. Success will involve reframing the CIO’s role in driving not only digital transformation but also business outcomes.
Article

How Mexico can harness its superior energy abundance

– Mexico has a large and diversified base of resources that could offer one of the lowest energy costs in the world. The energy... transition could help the country achieve its potential.
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