Accenture Energy Blog – Energy Transition Forum
Welcome to Accenture’s latest Energy Trends blog forum! This new discussion forum gathers and offers insights and opinions on upstream, refining and business activities in oil, gas and renewable industry sectors.
 
 
Amidst volatile prices, and most recent “how-low-can-they-go” oil prices, energy companies face constant pressure from shareholders to cut back on capital expenditures and reduce costs, and increase margin and cash flow. Improving the performanc...
 
 
 
 
Prolonged low oil prices have recently prompted several upstream oil independent operators in the United States to focus on aggressive cost-saving initiatives. In addition to capital budget reductions, some organizations  are resorting to cutting ...
 
 
 
 
Volatility is returning to oil prices as the market adjusts to lower prices and as the cushion of oversupply is being eroded, making the market more vulnerable to supply disruptions. Two important oil suppliers - Libya and Iraq - are both experien...
 
 
 
 
Forecasts on the future energy mix generally show the share of natural gas growing significantly. This should be no surprise given that it has half the CO2 emissions relative to coal, its flexibility complements the intermittency of renewables, it...
 
 
 
 
As a response to the fall in crude prices, there have been announcements of layoffs (e.g., Schlumberger cutting 9,000 jobs), consolidation (e.g., Halliburton acquiring Baker Hughes) and cuts in capital expenditure (e.g., Marathon 20%, ConocoPhilli...
 
 
 
 
2014 has seen heightened volatility across the global energy market and the wider economy. With oil prices falling to their lowest levels for six years, the global outlook remains unclear. Questions are even arising around the shale revolution in ...
 
 
 
 
As oil prices continue to drop to their lowest levels in several years, oil and gas companies have started to cut back on new investment. Inevitably, they will turn to optimizing their existing production infrastructure to continue to deliver the ...
 
 
 
 
The downturn in the oil prices to their lowest level in over four years is largely a result of continued robust supply in the market with demand for oil having weakened considerably through 2014. The OPEC meeting at the end of November did nothing...
 
 
 
 
Oil and gas companies are increasingly being held more accountable for providing accurate and timely production forecasts. Consistently missing target forecasts can adversely impact companies—whether it is operational value lost on inability to ca...
 
 
 
 
Three-dimensional (3D printing) printing technology is set to permeate the enterprise as a mainstream digital capability. By taking steps to understand this technology and its relevant applications, oil and gas companies will be positioned to disr...
 
 
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About the Authors

Arthur Hanna
Mr. Hanna is a senior managing director in the Accenture Strategy group focusing on oil and gas. He has led a wide portfolio of work for a variety of...
 

Valerie Jalufka
Valerie is a Managing Director in Accenture’s Energy industry group based in Houston. She has over 14 years of experience in the Energy industry incl...
 

Greg Lawrence
Greg is a Senior Manager in Accenture’s Energy industry group based in Houston. He has over 30 years of experience in upstream oil and gas business p...
 

Melissa Stark
Melissa Stark, global managing director of Accenture’s new energy business. Melissa has more than 20 years of experience working across all sectors o...
 

Dean Forrester
Dean is a Managing Director in Accenture’s Energy industry group based in Houston. He has been involved in many major upstream programs including imp...
 

Julie Adams
Julie Adams leads Accenture’s Resources and Energy global research team and provides original research support and market insight for the Accenture E...
 

Richard Holsman
Mr. Holsman is the Global Energy Technology Managing Director and leads Accenture’s Europe, Africa and Latin America technology business for resource...
 

Brian Richards
Brian Richards is a Senior Manager and Senior Technical Architect in Accenture’s Energy industry group. He is the Energy Innovation Lead for North Am...
 

Zahra Bahrololoumi
Zahra Bahrololoumi, managing director, Accenture Energy, is based in London. Zahra has deep transformation and delivery experience spanning multiple ...
 

Tracey Countryman
Tracey leads Accenture’s Plant and Commercial Business Service in North America helping to deliver transformation improvements in client manufacturin...
 

James Arnott
James Arnott is managing director, Accenture's Resource Operating Group, and leads Accenture Capital Project Services for Europe, Middle East, Africa...
 

Susy Tamminga
Susy Tamminga is a senior manager in Accenture’s Resources group. She has extensive experience in global business transformation, talent, change mana...
 

Colin Sloman
Colin Sloman is a managing director, leading Accenture’s Global Human Capital Strategy Group. He has over 25 years’ experience spanning a number of s...
 

Jeff Miers
Jeff Miers, managing director for Energy—Analytics, is based in Houston, North America. He has 16 years of experience leading consulting and systems ...
 

Kevin Donaldson
Kevin Donaldson, managing director for Energy—Analytics for Europe, Africa and Latin America is based in London. He has responsibility for the coordi...
 

Senthil Ramani
Senthil Ramani, managing director for Analytics—Technology for Asia Pacific, is the Accenture Enterprise Services (AES) Business services and Digital...
 
 
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