Oil and gas trends magazine bringing update from all happenings in the oil sector all around the globe.
Oil and gas trends magazine (Energy, Oil & Gas) focuses on problems that are significant to senior executives in the worldwide energy industry and related industries.
Energy, Oil & Gas provides a forum to discuss all aspects of the industry, including renewables (solar, wind, hydro, geothermal, biomass, wave/tidal), electricity transmission, distribution, and nuclear, as well as traditional coal, oil, and gas, with a highly targeted readership within the oil and gas industry and a focus on industry best practice and trends.
A transformational period in oil and gas Sector
Many oil and gas businesses are attempting to reinvent themselves as we approach 2022 by adopting capital discipline, focusing on financial health, committing to climate change, and changing business models. The positive impact of such adjustments is mirrored in our survey, with nearly two-thirds of O&G executives stating that their firms’ strategic changes have been very favorable.
The industry’s transformation path has only just begun, and simply managing or riding oil price cycles is no longer an option. O&G strategists should do the following in the next 12 to 18 months:
- Their resource portfolios should be streamlined and optimized.
- Accept and develop smart energy transition targets.
- In a tight labor market, recruit, train, and retain personnel.
- Adapt to new environmental, social, and governance (ESG) criteria
Over the next 12 months, you can have an impact on the industry’s direction.
It can be done by purpose-driven, tech-enabled, and human-powered businesses that have sensible interim goals and progressive communication and disclosure strategies. From M&A activity to fuel retailing, our 2022 oil and gas sector overview examines five factors that will likely influence the industry’s path during the next 12 months.
Nigerian Oil And Gas Industry Update Nigeria