What Do Oil Companies Have To Do To Survive The Future?

Houston energy consultant says oil and gas companies have to change their business models if they want to stay relevant

Muqsit Ashraf with Accenture says energy companies are essentially becoming technology companies

Houston’s oil and gas companies are doing better since the price of oil has improved.

But is their current path sustainable for the future?

The writing’s on the well, a report by consulting firm Accenture, suggests it is not, and that energy companies will be left behind unless they change their business models.

Muqsit Ashraf, global managing director for energy at Accenture Strategy, authored the report.

Click on the play button above to listen to the interview.


Florian Martin

Business Reporter

Florian Martin is currently the News 88.7 business reporter. Florian’s stories can frequently be heard on other public radio stations throughout Texas and on NPR nationwide. Some of them have earned him awards from Texas AP Broadcasters and the Houston Press Club. Florian is a native of Germany. His studies...

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