1、2023 oil and gasindustry outlook About the Deloitte survey To understand the outlook and perspectives of organizations across the oil and gas(O&G)industry,Deloitte fielded a survey of 100 US executives and other senior leaders in August 2022.The survey captured insights from respondents in five spec
2、ific industry segments:exploration and production,oilfield services,midstream,petroleum refining and marketing,and integrated O&G and new energy companies.ContentsIlluminating new possibilities 3 Trends to watch 1.Upstream Healthy balance sheets create opportunities for oil and gas 4 2.Clean energy
3、New policies expected to accelerate the clean energy transition 5 3.Natural gas and LNG Natural gas plays a new role in the clean energy transition 6 4.Downstream Refiners respond to shifting energy demand 7 5.Mergers and acquisitions Deal-making reflects wider trends in the market 8Industry proving
4、 resilient amid uncertainty 9 Lets talk 102023 oil and gas industry outlook2Illuminating new possibilitiesNote:Factors cited internally along the circle denote the impact on energy markets and balance.Source:Amy Chronis et al.,Striking the balance:How and where will oil and gas producers deploy thei
5、r cash?,Deloitte Insights,August 25,2022.Figure 1.The energy trilemmaThe crude oil and natural gas(O&G)industry is not new to supply disruptions and price volatility.Over the past seven years,the industry has seen several peaks and troughs,from above$100/bbl in 2014 to-$37/bbl in 2020.But the situat
6、ion is unique today.A confluence of several economic,geopolitical,trade,policy,and financial factors have exacerbated the issue of underinvestment and triggered a readjustment in the broader energy market.1 All three components of a balanced energy equationenergy security,supply diversification,and