Oil and Gas Unlocking Solutions for Uncertain Times The oil and gas industry is currently exploring the best path forward when it comes to energy transition, decarbonization, volatile oil prices, and more sophisticated government regulation. To help companies keep up, we leverage our expertise in developing new business models, transformational strategies, digital and operational approaches, and cost reduction programs—initiatives that deliver real value in the oil and gas industry and contribute to a path toward decarbonization. OUR OIL AND GAS SERVICES Upstream Oil and Gas Strategies for Downstream Oil and Gas: Refining & Petrochemicals Commodity Trading & Risk Management Strategies in Fuel Commercialization Decommissioning Oil and Gas Strategies for Natural Gas and LNG Meet Our Oil and Gas Consultants and Leaders Maurice Berns Managing Director & Senior Partner; Global Leader, Oil & Gas Sector London Alan Thomson Managing Director & Senior Partner Houston FIND MORE OIL & GAS EXPERTS How BCG Delivers Impact in Oil and Gas By combining our deep industry experience with proprietary digital technologies, advanced analytics, and extensive decarbonization expertise, BCG’s oil and gas consulting teams deliver lasting change to clients around the globe. Read about the impact we’ve had and the solutions we bring. It appears your browser does not support JavaScript or you have it disabled. BCG.com will work better for you if you enable JavaScript or switch to a JavaScript supported browser. Play Video Shell's MachineMax Revolutionizes Equipment Management with Telematics Shell and BCG Digital Ventures have worked together on many occasions to reimagine the future of business. This time, they sought to address an important challenge for the mining and construction industries: how to maximize the productivity of equipment. Helping OGCI Climate Investments Refine a Low-Carbon Strategy BCG worked with OGCI Climate Investments to ensure its $1 billion climate fund could maximize the impact of its investments. Read more on the climate action approach and overall impact. Containing Oil and Gas Decommissioning Costs The Dutch government is facing a wave of decommissioning commitments, driven by aging fields and the volatility of oil prices. The challenge: manage that decommissioning—estimated to cost a minimum of €6.7 billion—safely and efficiently. Helping an Oil Refinery Sector Player Develop a Petrochemicals Strategy One of India’s leading oil companies was facing a fundamental change in its core business: to transition from traditional fuels toward electricity, natural gas, and other low-carbon energy sources for mobility. In response, the company wanted to aggressively expand into the faster-growing petrochemicals market. But first it had to determine which segments of that market to target and then develop a sound plan for moving into each. Global Refining Model BCG’s global refining model provides insight into the current and future refinery sector and petroleum products markets. Performance Database of Unconventional Assets BCG’s performance database for unconventional assets manages detailed information on leading shale operators and basins. Our Centers of Expertise for Oil and Gas Consulting CENTER FOR ENERGY IMPACT The Center for Energy Impact (CEI) engages a changing industry in new and different ways by providing expert insight to drive long-term success for energy companies around the world. Through this center, our energy consulting teams shape thinking about the future availability, economics, and sustainability of the world's energy sources. They also explore implications of industry-altering, unforeseen events like the pandemic for energy companies and their portfolios. THE DIGITIZATION IN OIL AND GAS IMPERATIVE BCG’s Center for Digital in Oil and Gas transforms companies by developing cutting-edge digital solutions that help them achieve end-to-end digital transformation through innovative business models, world-class tech functionality, and support functions of the future. THE CENTER FOR CLIMATE ACTION We partner with clients across the public, private, and social sectors to align their strategy, operations, and stakeholder engagement with decarbonization and alternative energy business opportunities. Our work is supported by BCG’s range of consulting experience across all industries and capabilities. Our Latest Thinking in the Oil and Gas Sector The AI Angle in Solving the Oil and Gas Emissions Challenge By Mike Lyons Digital tools enabled by advanced analytics, artificial intelligence, and machine learning can help companies uncover the fastest and most effective path to abating the O&G industry’s greenhouse gas emissions. Private Investors Must Commit as Much as Eight Times More to the Low-Carbon Economy By Wendi Backler Which technologies are capturing private investment, where is more investment most needed, who must provide it, and how best can they make the necessary investment decisions? Find out where the smart money is headed. The 2021 Value Creators Rankings By Gerry Hansell The pandemic’s effects have widened the gap between leaders and laggards in value creation. Diversification Versus Discipline: Value Creation in Oil and Gas 2021 By Rebecca Fitz International oil and gas companies are preparing for the future by expanding into decarbonization markets or doubling down on efficiency in hydrocarbon production. Have We Passed Peak Demand for Fossil Fuels? By Jens Burchardt COVID-19 may have accelerated a key inflection point in fossil fuels—fundamentally altering many energy companies’ economic position and outlook. How Diverse Teams Improve Problem Solving and Success BCG's Anita Oh looks at finding breakthrough solutions for old problems. EXPLORE MORE OF OUR LATEST THINKING IN THE OIL AND GAS INDUSTRY F. Scott Fitzgerald’s Advice on Global Warming As we mark Earth Day today, it can be easy to get discouraged about global warming and its impact to our planet." ALAN THOMSON Managing Director & Senior Partner Dispatch from Davos: Energy Companies and the Race to Save the Planet Energy companies are leveraging technology and collaboration to decarbonize their business, transition to new sources of energy, and build a cleaner future." Read on LinkedIn ALAN THOMSON Managing Director & Senior Partner Houston Share NEXT SECTION: LATEST THINKING Read Our Thought Leadership FOLLOW US Belgium | EN © 2021 Boston Consulting Group Careers Contact Subscribe Alumni About Offices Privacy Policy Terms of Use Sitemap Boston Consulting Group is an Equal Opportunity Employer. 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