2007 Global Energy Survey
Based on a survey of more than 50 executives from the world’s top energy companies and their key suppliers, the research is designed to stimulate and enhance debates about current and future challenges facing energy companies.The World Energy Council (WEC) and Korn/Ferry International worked together during the past 24 months to conduct research designed to help energy-company leaders better understand and respond to the challenges confronting their industry. The research assesses the executives’ outlooks and insights related to demand, supply, environmental as well as geopolitical issues. Change represented a consistent force throughout much of the past four decades. However, recent shifts, including the rapid development of Asian economies, geopolitical uncertainty in oil-rich regions and the increasing interconnectedness of global markets, are forcing energy companies to rethink fundamental strategies. The survey results suggest that some energy companies are hungry for innovative solutions, such as seeking out collaborative relationships – involving exploration and the development of new technology – with energy companies in other parts of the world. Those and other insights contained in this report are complemented by comments gleaned from executives during interview sessions that accompanied the survey process. These candid (and anonymous) remarks amplify the issues,
concerns and challenges confronting today's energy industry.
Research Methods >
The World Energy Council in partnership with Oliver Wyman (global consulting firm) has over the past year worked on its third Assessment of country energy and climate policy aiming to identify key areas for policy improvements and to understand how successful policies can be transferred from one country to another. more >