End-to-end solutions so you can lead the energy transition

Oil and gas

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The oil and gas industry is at a turning point. Energy security, decarbonisation and digital transformation are reshaping the sector. Costs need to come down. Operations need to be smarter. And the pressure to innovate has never been greater.

Success demands agility—integrating tech, optimising efficiency and rethinking strategies for a low-carbon future. Speed is the competitive edge. Fast movers will thrive.

Key trends impacting oil and gas

Fossil fuel investments

Geopolitics. Energy security. The push for net zero. All are reshaping fossil fuel investments. Companies are becoming more cautious about how and where they invest—balancing traditional operations with rising investments in low-carbon technologies. The future belongs to those who can navigate this transition effectively and efficiently.

ESG as a driver

ESG is no longer about compliance alone—it’s a competitive advantage. Strong ESG performance can cut risk, boost resilience, enhance reputation and drive long-term value. Companies that integrate ESG into strategy will lead the sector’s next evolution.

Renewables and green molecules

The shift to renewables and ‘green molecules’, such as hydrogen, is accelerating—but so is the need to decarbonise existing fossil fuel operations. Investment strategies must evolve to balance efficiency, affordability and sustainability without leaving traditional assets behind.

Risks and threats

In a landscape with limited capital and threatening supply chain challenges, there’s a unique opportunity for companies to enhance energy security. By reimagining their business models, optimising operations and preparing for a dynamic market, they can not only adapt but build resilience and thrive.

M&A and consolidation

With lower debt levels, oil and gas is seeing a surge in M&A activity. Consolidation will reshape the industry—creating new market alignments and blurring the lines between oil, gas, chemicals and adjacent sectors.

Improving ESG engagement

Sustainability reporting is a challenge. With evolving ESG requirements and a lack of global standards, companies must build internal momentum—engaging their workforce and staying ahead of new regulations and financial incentives.

Commodity trading

Traders are beginning to recognise the potential in long-term energy solutions, as the market increasingly favours companies that provide secure, affordable and sustainable energy. By focusing on sustainable practices and innovative strategies, businesses can position themselves as leaders.

Cyber threats increasing

Digital transformation brings both efficiency—and risk. Oil and gas infrastructure is a prime cyber target. Attacks threaten safety, financial loss and operational shutdowns. Strengthening cybersecurity isn’t optional—it’s essential for a competitive edge.

How we can help

We help leaders adapt, accelerate and stay competitive. Strategy, regulation, supply chain, emissions reporting, workforce transformation—we provide insights and expertise to unlock value, reduce risk and drive performance.

Reinventing energy strategies

The energy industry is moving on two tracks—securing fossil-based supply while building a clean energy future. Balancing these priorities requires a shift in strategy. We help redefine roles, rethink renewables and streamline operations. We develop agile, resilient, future-ready strategies to keep you ahead of change.

Optimising technology

Digital tools can unlock new levels of performance, efficiency and cost savings, both upstream and down. We help you integrate the right solutions—automating processes and improving decision-making. So you can innovate and lead.

Navigating net zero

Net zero means big decisions for the industry. What technologies will drive decarbonisation? How do you balance emissions targets with profitability? We provide the insights to help you navigate these challenges, shape your transition strategy and take advantage of new opportunities in the low-carbon economy.

Meeting reporting requirements

Regulations are evolving. European emissions-reporting standards have already tightened, and global frameworks are quick followers. You need consistency. You need transparency and assurance. We help you build trust and enable you to stay compliant for now and for the future. 

Attracting the right talent

Rapid transformation demands new skills—data scientists, software engineers and specialists in renewables. Competition for talent is fierce. We help you attract and retain the right people. Creating a dynamic, flexible workplace that supports innovation and long-term success.

Adopting smarter M&A strategies

M&A is becoming more complex and higher risk. ESG, geopolitics and climate policy are shifting the landscape. Strategic insight, due diligence and alternative growth strategies are critical to expand talent, assets and markets. 

Getting ahead of regulation

Carbon markets, taxes and pricing strategies are evolving. We help you assess regulatory impacts. Understand supply and demand shifts. And develop strategies to manage energy costs and emissions effectively.

Explore the domains of growth

Industries are reshaping around fundamental human needs, creating value through collaboration across interconnected domains that now replace traditional value chains. Explore the domains relevant to your sector.  

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Niloufar Molavi

Niloufar Molavi

Global Leader, Oil and Gas, Partner, PwC US

Tel: +1-713-356-6002

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