Oil and gas

CEOs in the oil and gas sector are most concerned about geopolitical conflicts.

CEOs in the oil and gas industry are most concerned about geopolitical conflicts to a degree which is above the global average. They are also more worried than average about climate change.

How exposed do you believe your company will be to the following threats in the next twelve months? (only highly or extremely exposed)

CEOs are taking actions to reinvent their companies

A significant proportion of CEOs doubt the long-term viability of their company's business model. The pressure to reinvent their company is therefore considerable and has led to actions over the past five years which touch upon the organisation's business model.

To what extent has your company taken the following actions in the last five years? (only to a large or very large extent)

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The rise of (Gen)AI in the oil and gas sector continues

The rise of (Gen)AI continues and the expected effects of this technology on efficiency and profitability remain high. A considerable number of CEO's plan to further integrate this technology into their organisations, although this is much less common in the oil and gas industry than in some other sectors.

To what extent do you predict (Gen)AI to be systematically integrated into the following areas in your company over the next three years? (only to a large or very large extent)

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Investments in climate increase costs but also revenues 

Some 83 percent of CEOs in the oil and gas sector have made climate-friendly investments over the past five years. While about 41 percent of this group report higher costs, 33 percent also report higher revenues.

To what extent have your company's climate-friendly investments over the past five years contributed to the increase or decrease of:

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