European CEO

European CEO

June 10, 2015 09:00 ET

European CEO: a European Energy Market Transformed

LONDON, ENGLAND--(Marketwired - June 10, 2015) - Much has been made this year of the global oil price slump, not least in Europe, where the region's breadbasket is verging on a terminal decline and its major names shaping up for a new beginning. The latest issue of European CEO takes an in-depth look at how the industry is faring in this changed climate, and questions whether or not Europe's key players will survive the storm.

First, European CEO looks at Shell's £47bn swoop for BG Group, and whether CEO Ben van Beurden has what it takes to navigate an industry plagued by patchy supply and low prices. Having agreed to the BG Group acquisition in April, Shell, under van Beurden's watch, is betting on the LNG trade in handing the world's fourth-largest company an added dose of sustainability.

Oil is not the easy investment it once was, and a European CEO report on the North Sea oil industry shows that companies much like Shell are weighing up whether the basin is still a worthwhile investment. In terms of cost base and production efficiencies, major improvements are needed, and now. Many are of the opinion that meeting these challenges is simply too tough a task in the present climate.

Also in the new issue of European CEO, we look at the value of big data in dictating HR decisions, and the relationship between the EU's commitment to the Digital Single Market and the European Commission's investigations into US tech firms.

For the latest on European finance, culture and business and management, read the new issue of European CEO, available online and in print now.

http://www.europeanceo.com

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Contact Information

  • For further media information contact:
    European CEO
    Matthew Timms
    Editorial Department
    +44 (0)20 7553 4177
    matthew.timms@wnmedia.com