The business model of the international oil company (IOC) has not died ─ but its vital signs are not encouraging. The question now is what steps IOCs need to take to remain competitive in global markets given changing supply/demand profiles, alternative forms of energy and new entrants.
Oil & Gas CEOs are bullish on growth outlook and are intensifying investment in emerging technologies and innovative solutions; however, despite commitment to emerging technologies, CEOs are concerned that implementation will create challenges.
This energy sector snapshot provides survey responses from more than 100 energy companies on some of the key topics, and highlights several areas where this sector’s responses differed significantly from those from across all industries.
Reimagining governance, people and technology in the construction industry.
The KPMG Global Energy Institute is proud to announce the release of the 2017 Global Energy Conference Recap. The recap highlights the trends and issues brought forward throughout the conference via the breakout, keynote, and general sessions.
LNG markets are going through significant change in the form of increased customer focus.
Despite a complex global economic context, the Energy Reform is ongoing, and Mexican and international companies firmly support this change.
Series of articles exploring current trends in the global liquefied natural gas (LNG) markets.
KPMG’s global oil and gas practice was named a Leader in oil and gas professional services in the IDC MarketScape: Worldwide Oil and Gas Professional Services 2016 Vendor Assessment (August 2016).
KPMG and the UN Global Compact have developed the Sustainable Development Goals (SDG) Industry Matrix to inspire and inform greater private sector action to drive inclusive, sustainable prosperity.
An overview of the Canadian legislation and tax principles for the oil and gas industry.
Briefing on the outcome of COP22 – the 22nd UN Climate Conference.
Regular monitor of key issues for decision makers in the global oil and gas sector. Drilling Down offers insights from KPMG thought leaders on the trends that are driving and shaping oil and gas companies today.
Results of KPMG's 2016 global survey
Historically, the world’s biggest oil producers closely guarded their role as operator of their own fields — convinced they alone could deliver the engineering necessary to extract their oil on time and on budget. Increasingly, however, over recent decades those producers have been ceding that role — opting in many cases to manage their assets at arm’s length, and allowing the world’s increasingly sophisticated oilfield services companies to deliver cost-efficient production and, crucially, the oil-field innovation that Big Oil has long assumed it alone could deliver. The speed and manner in which this has occurred varies somewhat by geographic market.
The global liquefied natural gas (LNG) market is transforming. In early 2016, the US is expected to start LNG exports from the Gulf coast, a plot twist that was unthinkable even 10 years ago. Australia will soon be an exporter on a scale to rival Qatar. LNG importers are becoming exporters and vice versa, but low prices threaten new projects and the profitability of existing ones.
This newsletter highlights energy review and outlook, M&A activity, public market performance, industry benchmarks, recent and upcoming events, and representative transactions.
Companies in the energy and natural resources (ENR) sector face an increasingly complex operating environment around the world, not least in the field of compliance – and especially in the area of anti-bribery and corruption (ABC).
Across the globe, liquefied natural gas (LNG) and floating LNG (FLNG) opportunities are rapidly emerging as fast, cost-effective means of unlocking new gas resources.
This ongoing publication series summarises all recent activity in the global oil and gas market, analyzes key issues affecting underlying economic developments and takes a forward look at oil prices.
Even as the price of oil remains relatively low, the energy and natural resources industry still finds itself facing a grave talent crisis. A wave of retirements, combined with a shortage of suitable replacement candidates, has left many companies scrambling to fill the skills gap.
This webcast is designed to provide updates on the latest tax developments affecting companies in the oil and gas industry.
LNG developers are facing the challenges of lower oil and gas prices, and consequent reductions in capital expenditure, along with more remote and challenging projects.
In recent years, the petrochemical industry has experienced a technological renaissance, shaking up global supply dynamics.
KPMG International conducted a study to investigate the growth strategies and growing-pains of NOCs.
With security of energy supply one of the critical issues many countries face, floating liquefied natural gas (FLNG) is seen as an emerging technology for fast and cost-effective development of new gas resources.
Whilst many think that the long term future of the UKCS remains positive, changing market dynamics present immediate challenges for oilfield services companies.
Focus on Canada, United States, East Africa and Australia