recruitment

CEO of energy company Total, Patrick Pouyanne, speaks during the Oil and Money conference in London on October 30

Patrick Pouyanne, the new chief executive of Total, speaks at a conference in London on October 30  © BEN STANSALL / AFP / Getty Images

The guard is changing in the international energy sector. Shell, Total, BG, EDF, Areva and a host of other companies have appointed — or are about to appoint — new leaders. There are more to come, including strong rumours of a change at Gazprom as it struggles to cope with the implications of sanctions, a shrinking market and sector-wide dividend cuts, and as other companies adjust to the sharp fall in prices and realise that there are no contingency plans to cope with sub-$80 oil. Read more

Energy is a business where success and failure are determined by technical skills and deep commercial expertise. That is true – up to a point. But consider the range of issues facing the world’s largest energy companies in 2014:

  • how to handle the deterioration of relations between Russia and the west;
  • how to build businesses in the world’s growth markets such as China and India;
  • how to manage the complexities of working in areas such as north Africa where physical security is being compromised by the presence of terrorists groups and the absence of effective governments;
  • how to manage the very different attitudes to energy in different markets such as the German opposition to nuclear or the French opposition to oil and gas which happens to come from shale rocks.

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