The global energy market is under sever readjustment after suffering from several peaks and troughs in this last decade (2012-2022).  The supply chain disruptions caused massive challenges in the procurement and supply of low-carbon fuels, natural gas supplies thus impacting the hydrocarbon markets and the global energy transition initiatives. 

A glimmer of hope is that oil and gas companies had a largely healthy balance sheet with cash flows per barrel of production in 2022 projected to be 70% higher than 2021. How the industry balances between capital discipline, growth, and inflationary pressure amidst regulatory policies in the coming years remains to be seen. Cognition supports the industry with its extensive network of specialists that collaborate with experts to bring to you the “voice of the industry” and solve complex business challenges.