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The Resurgence ofPetro-Nationalism

Various regions of the world have recently seen a resurgence of nationalistic trends regarding access to oil reserves. The authors explore the drivers behind this renewed push towards petro-nationalism and discuss the key implications and challenges of this trend for international oil companies,...
Utilities & alternative energy, Strategy

Diffusing Knowledge and Learning: Lessons from BP's

One of the key dimensions of British Petroleum's (BP's) outstanding success over the past few years has been its commitment to demonstrating distinctive performance within its industry and beyond. This commitment led the company to not only improve the technical and structural aspects of its...
Utilities & alternative energy, Strategy

Industry Outlook Report The Energy Industry at the Start of

Each year, my colleagues and I take time to reflect deeply about the future of energy markets and the industry. This year's conversations were particularly challenging given the turbulent environment, which we metaphorically compare to "riding the rapids."1 These rapids, or trends, include abrupt U...
Utilities & alternative energy

A Conversation Profits with Principles - The Transformation

With more than 100,000 employees and assets valued at $80 billion, the Royal Dutch/Shell Group is a global giant in the energy industry, involved in the whole production process of fossil fuels – – from initial prospecting and recovery to final sale – as well as other businesses, such as chemicals...
Utilities & alternative energy

Industry Outlook Report Different Oil Industries for

Many oil and gas companies are highly focused on the next five years. They see challenges in another period of relatively low commodity prices and opportunities in the opening of previously closed countries and in the worldwide restructuring of the regulated natural gas and electricity businesses....
Utilities & alternative energy

A Conversation From Paternalism to Performance: Leading

An industry giant in the U.K., British Petroleum (BP) is the world's fourth largest oil company. BP extracts oil from around the world and sells its products in over 100 countries. In addition, it operates a large chemicals business and manages one of the largest solar opera–dons in the world. In...
Utilities & alternative energy, Strategy