Analyze Case: The Oil and Gas Industry.
The year 2007 marked another tumultuous year in the oil and gas industry, that included continued efforts from oil-producing countries like Kazakhstan, Russia, and Venezuela to exert greater control over their resources (i.e., economic nationalism0, major technological advances in offshore drilling, Chinese firms acquiring exploration rights at record high prices, ongoing strife in Sudan, Nigeria, Chad, and other major oil exporting nations, continued heated discussion about global warming and nonhydrocarbon sources of energy, and near $100 per barrel crude prices. All of this came amid predictions that the global demand for energy would increase by 40 percent by 2030, which many experts believed was not sustainable.
The cases analysis includes:
A summary of the salient points of the case.
Answers to the following questions:
1) What opportunities and threats do the players in the industry face?
2) What are the keys to success in the industry?
3) Perform a comparative competitive analysis of ExxonMobil and its competitors.
4) What options does ExxonMobil have?