Knowledge Center: Publication
Crude Collapse: Crisis and Opportunity3/31/2015 Les T. Csorba
Since 2008, the development of unconventional technologies has helped spark an energy renaissance in North America. Today, however, with crude prices down more than 60% since mid-2014, the oil and gas industry faces a downturn perhaps not seen since the oil glut of 1986, which decimated a generation of leadership and created a talent gap from which some oil and gas companies are still recovering.
A closer look at how leading companies in the industry are approaching the present conditions highlights a set of leadership skills that could help oil and gas companies turn crisis into opportunity.