To meet the world’s growing demand for energy, the power sector needs to transform into a digital industry.
How GE will super-charge clean energy innovation in the decade ahead.
The sharp decline in oil prices has placed them squarely at the center of the global economic debate. Many see low oil prices as evidence that the world economy has lost steam. Stock markets jump anxiously at every piece of news coming from the oil market.
The market story is important. But more important is that the oil and gas market is undergoing a deeper and more complex transformation, one that will have powerful repercussions over the coming decades.
For the oil & gas industry, collaboration means competitiveness in tomorrow’s low-carbon reality.
The future of energy is heavily dependent on the collective ability — and determination — of the oil and gas industry itself to evolve and stay competitive in tomorrow’s low-carbon reality.
And to stay competitive — over the longer term — we need to drive simplification, standardization and productivity, but also radical innovation. The challenge is too large for any one company to tackle alone.