Ernst & Young

Although 92% of energy companies say they plan on digital technology investments, only 27% currently retrain and reskill existing employees to meet the upcoming demand, according to a recent survey from Ernst & Young.

Are you annoyed by all the wrong things passing for facts about oil and gas? A lot of petroleum engineers are. As for what to do to solve the problem, that gets complicated, and likely will require studying psychology.

A look at how policy, future workforce perception, and industry standards will shape energy companies in the near and distant future.

Despite a decline in oil and gas production and a decrease in revenue from 2015, an Ernst & Young’s study had a cautiously optimistic outlook as the industry adjusts to what it called “the new normal” of a lower, but stable, oil price.