Energy, Natural Resources and Chemicals | KPMG | US

Energy, Natural Resources and Chemicals

Energy, Natural Resources and Chemicals

Shifting customer demands and disruptive technologies are transforming the energy sector.

Shifting customer demands and disruptive technologies are transforming the energy sector.

There are significant changes underway in the energy, natural resources and chemicals sector, and organizations must adapt and transform in order to survive and capitalize on the opportunities these changes present.

Low global commodity prices are causing disruption within the oil, gas, chemical and mining sectors as companies look to consolidate and find new ways to reduce costs. In order to tackle this challenge innovative solutions are emerging - from new forms of financing; to implementation of technologies such cloud and robotics; to the use of analytics; to help drive greater efficiency and competitive advantage globally.

Technology is also having a significant impact on the power and utilities sector. As the world looks to decarbonized its energy supply, the rise of distributed energy, energy storage and smart metering to capture real-time usage data, are presenting opportunities for new entrants from other sectors, such as telecoms, automotive, retail and media. With the market share of the existing providers shrinking, many are re-evaluating their operating models and their relationship with the customer, to ensure their long-term survival.
Uncertain regulatory policy environment

Regulation and policy change in energy is complex and navigating the ever-changing landscape is challenging. From regulation on sulfur emissions through to the reversal of the clean power plan- how do companies comply and capitalize without losing their competitive edge?

Our goal at KPMG is helping energy, natural resources and chemicals companies understand the impact of these issues on their business and identify the opportunities. Our team of dedicated industry experts help organizations create robust, sustainable and flexible strategies, teams and operating models that can quickly adapt in a dynamically unfolding future.

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