Energy, chemicals and utilities
PwC’s strategy consulting team Strategy& provides comprehensive advice and support to clients across a range of issues in the upstream oil and gas, downstream oil and gas, chemicals, alternative energy and chemicals sectors.
How we help our clients
Upstream oil and gas
The upstream sector covers the exploration and production of oil and gas, and the related service sectors, including oil-field services, logistics, and construction/development.
Against a backdrop of volatile oil and gas prices, high and rising development costs, the increasing heterogeneity of project portfolios, rising geopolitical tensions, and an ever more competitive landscape, industry investors are looking for the next level of performance.
Downstream oil and gas
The downstream sector is broad in scope, extending from crude supply, trading, and refining through to product distribution, marketing, and retail (oil products and convenience goods). It includes conventional fuels such as gasoline and diesel as well as low-carbon fuels such as ethanol and biodiesel.
Including wind, solar, geothermal, tidal, biomass, hydrogen fuel cells, waste coal, and municipal solid waste, these resources can provide clean energy and transportation fuels that emit minimal to zero atmospheric pollutants.
The chemicals industry covers a number of sectors, from petrochemicals through toand specialities. The sector is undergoing rapid change, with accelerating globalisation and recent high raw material and oil and gas prices.
The utilities sector encompasses electricity, water and the downstream natural gas industries. Sub-sectors include electricity generation, wholesale trading, transmission, local distribution and retail; water distribution, waste water treatment and water retail activities; and gas transportation, treatment, storage, trading and retail.