Strategy of oil and gas companies - challenges amid disruptions and crisis
Abstract
Oil and gas companies have been facing grave challenges for 2020 amid the global COVID-19 pandemic and a stumbling oil price. Apart from these, there have been changes over the years for the industry, ranging from renewable energy, climate change and environmental protection, to impacts of the Industrial Revolution 4.0. These trends require oil and gas companies to rethink their visions, revise their old business model and adjust their strategies in order to adapt to coming disruptions and crises.
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