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Oil & Gas Insights

Giants can dance: Agile organizations in asset-heavy industries

The agile revolution is sweeping across industries, and asset-heavy companies are taking note. We explore how and where they can capture the benefits of agility while preserving safety and assurance.

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Sector Perspectives

Article - McKinsey Quarterly

The decoupling of GDP and energy growth: A CEO guide

– Energy intensity is decreasing, renewables are gaining, and new efficiencies are on the way. Here’s how to build the resilience you need to navigate rapid change.

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Market outlooks

Interactive

Global Energy Perspective 2019

– The Global Energy Perspective Reference Case provides our view on how the energy transition will unfold.

Global Oil Supply & Demand Outlook to 2035

Oil supply and demand perspective with balances to 2035 and macro outlooks on global oil prices.
Article

OFSE quarterly: Oil price slump slows recovery

– Crude oil prices continued on a downward trajectory in the fourth quarter, resulting in a somber outlook for the sector going into 2019. OFSE performance in the last quarter itself was mixed, with outcome varying greatly at company level.

Editor's Choice

Article - McKinsey Quarterly

Digital strategy: The four fights you have to win

– Yesterday’s tentative approaches won’t deliver; you need absolute clarity about digital’s demands, galvanized leadership, unparalleled agility, and the resolve to bet boldly.
Interview - McKinsey Quarterly

How the Houston Astros are winning through advanced analytics

– In the first of a two-part interview, the architect of last year’s World Series champions shares how analytics, organization, and culture combine to create competitive advantage in a zero-sum industry.

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More insights

Article

The new way to engage with energy customers: Personalization at scale

– Energy companies struggling with customer churn can borrow lessons from retail and consumer goods to build loyalty and boost sales... through personalization.
Article

Rebooting your stalled digital transformation in oil and gas

– Companies often struggle to make the leap from successful pilots to organization-wide rollout, and in many cases transformation... efforts have essentially stalled. Knowing where you stand and what to do next can help you quickly get back on track.
Article

OFSE quarterly: Oil price slump slows recovery

– Crude oil prices continued on a downward trajectory in the fourth quarter, resulting in a somber outlook for the sector going... into 2019. OFSE performance in the last quarter itself was mixed, with outcome varying greatly at company level.
Article

The West of Shetland comes of age

– Despite challenges, the West of Shetland is increasingly important to offshore UK oil and gas activity. Four levers can help lower... breakeven costs to make the province globally competitive.
Interactive

Global Energy Perspective 2019

– The Global Energy Perspective Reference Case provides our view on how the energy transition will unfold.
Article

Positioning for growth in the fast-changing lubes market

– Given the threat of disruptive change in the lubes market, companies need to plan competitive strategies quickly and carefully,... with a focus on extending their offerings beyond the core products.
Article

Lubes growth opportunities remain despite switch to electric vehicles

– Lubricating oils have traditionally been one of the most attractive areas in the oil and gas value chain, but disruption is on... the horizon with the rise of electrification in the transport sector.
Article

A new operating model for well organizations

– Technological change is poised to disrupt the drilling and completion business while introducing new ways of working.
Article

Are US gas utilities nearing the end of their golden age?

– State-level decarbonization efforts could threaten the business model.
Article

IMO 2020 and the outlook for marine fuels

– In 2020, the global limit on sulfur content for all marine fuels will be lowered dramatically, sending shockwaves through global... refined-product markets while widening margins and differentials. Most refiners are still trying to come to grips with the potential threats and opportunities that will emerge as a result of this regulation.
Article

Building a great data platform

– Five insights into building a great data platform can help energy, chemical, utility, and basic-materials companies get it right.
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