The energy industry is currently impacted by many challenges—overproduction and falling prices, climate change and de-carbonization, opposition to fracking, pandemic-related workforce issues, challenges with a transition to renewable energy sources, and growing cautiousness among institutional investors have created a treacherous operating environment. Although the industry has weathered cycles like this before, it will require disciplined management and a greater focus on cost containment and risk mitigation.
At Marsh & McLennan Agency (MMA), we believe staying informed is critical to navigating a crisis, managing emerging risks, and ultimately moving into a time of renewed innovation and opportunity. MMA is dedicated to keeping you informed, serving as your front-line resource to bridge the gap between crises and guiding you towards a successful future.
To learn more about the current challenges and considerations, as well as emerging risks in the energy industry, click here.