Skip navigation


Editorial Rating

8

Qualities

  • Analytical
  • Overview

Recommendation

Nearly every industry is looking to reduce its carbon footprint, and the oil and gas (O&G) industry is no exception. There is one way that the O&G industry does stand out – it’s one of the biggest culprits when it comes to GHG (greenhouse gas) emissions, and therefore must make efforts to lead the way in emission abatement. In this special report, Boston Consulting Group explains how AI, machine learning and other advanced analytics can make the process of decarbonization easier.

Take-Aways

  • The oil and gas (O&G) industry is responsible for nearly half of global GHG (greenhouse gas) emissions, and shareholders are taking note.
  • Before focusing on abatement, O&G companies must collect and analyze data to establish industry baselines.
  • Successful abatement will represent a competitive advantage for O&G companies.

About the Authors

Mike Lyons, Santosh Appathurai, Martha Vasquez, Lukasz Bolikowski, Pedro Alcalá, Francesco Carducci and Nicholas Tarabelloni are professionals with the Boston Consulting Group.