According to a 2023 survey, 18 percent of oil and gas industry executives saw overdependence on regulatory support as potential harm to their energy transition. Slow decision-making and unknown cost and price competitive factors were seen as other major concerns by the industry.
Opinion of oil and gas industry executives on potential hindrances to companies' energy transition worldwide as of 2023
Original survey question asked as: "What are the potential blind sports that may hinder O&G companies' energy transition progress or lead to unintended consequences for them?"
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Deloitte. (October 18, 2023). Opinion of oil and gas industry executives on potential hindrances to companies' energy transition worldwide as of 2023 [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/1455393/oil-and-gas-industry-energy-transition-barriers/
Deloitte. "Opinion of oil and gas industry executives on potential hindrances to companies' energy transition worldwide as of 2023 ." Chart. October 18, 2023. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/1455393/oil-and-gas-industry-energy-transition-barriers/
Deloitte. (2023). Opinion of oil and gas industry executives on potential hindrances to companies' energy transition worldwide as of 2023 . Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/1455393/oil-and-gas-industry-energy-transition-barriers/
Deloitte. "Opinion of Oil and Gas Industry Executives on Potential Hindrances to Companies' Energy Transition Worldwide as of 2023 ." Statista, Statista Inc., 18 Oct 2023, https://www.statista.com/statistics/1455393/oil-and-gas-industry-energy-transition-barriers/
Deloitte, Opinion of oil and gas industry executives on potential hindrances to companies' energy transition worldwide as of 2023 Statista, https://www.statista.com/statistics/1455393/oil-and-gas-industry-energy-transition-barriers/ (last visited October 12, 2024)
Opinion of oil and gas industry executives on potential hindrances to companies' energy transition worldwide as of 2023 [Graph], Deloitte, October 18, 2023. [Online]. Available: https://www.statista.com/statistics/1455393/oil-and-gas-industry-energy-transition-barriers/