The oil and gas trends for 2025 show how the rules of engagement are changing in the industry. Today, digital strategies are the foundation upon which winners are basing new products and partnerships. Industry leaders are casting aside old processes and models and running with automation and collaboration to provide reliable, affordable, and sustainable energy.
This change is necessary and must be swift because customer expectations, government regulations, and corporate sustainability goals are converging into high priorities. At the same time, oil and gas companies must continue improving on business as usual for existing customers.
In 2025, energy companies will continue working toward better emissions measuring and reporting practices to prove that their efforts to diversify energy sources are moving the needle.
Top 4 oil and gas industry trends for 2025
But of course, revenue and profit margins need to factor in as well. Deloitte surveyed oil and gas executives in 2023 and 60% said they would invest in low-carbon projects if returns were at least 12%.
2022 returns for these renewable projects ranged from 6-8% according to Goldman Sachs, so there’s a lot of room for improvement.
To combat this disconnect, there are four key ways to work toward clean energy while improving revenue generating strategies.
Here are the 2025 oil and gas trends trends helping companies manage environmental impact and advance their sustainability initiatives:
- Traditional assets are the foundation for new energy markets: Oil and gas companies will build on their existing infrastructure and assets to expand to renewable energy sources and practices.
- Digital platform integration becomes a priority: Companies will work to fully integrate digital platforms into their core business processes to gain agility and flexibility.
- Creating better products through collaboration: Oil and gas companies will leverage partnerships to fast track innovation and improve procurement practices by looping in highly connected suppliers that have mastered automation.
- The race to net-zero heats up: In 2025, the energy industry will continue working toward a future where they can guarantee energy security while also improving the sustainability mix.
1. Renewable energy trend builds on traditional oil and gas assets
The energy industry is undergoing massive change, from the increase in renewable expectations to distributed energy resources providing some of that energy mix.
In 2025, this means that energy companies need to focus on new growth opportunities to stay competitive. Part of their mix will continue to be traditional energy sources, but much of the new investment will be in more renewable sources and practices, such as biofuels, carbon capture, utilization, and storage (CCUS), electric vehicle charging, and more.
This diversification of revenue streams will help energy companies secure a de-risked future in which they can be more agile and predictive, responding rapidly to changing market conditions and customer preferences. Having strong legacy assets will help generate the profits potential investors want to see before companies commit capital to new assets and markets.
Some oil and gas companies are already rethinking traditional assets and experimenting with new energy sources. For example, in April 2024, Phillips 66, a leading diversified energy provider, announced that it completed the conversion of a California refinery that had processed exclusively crude oil for 125 years into a renewable diesel facility.
Making use of existing real estate, assets, and infrastructure accelerated the timeline to open and will help Phillips 66 improve its output of renewable fuels.
Processing 30,000 barrels of renewable diesel per day initially, the Rodeo Renewable Energy Complex expects to boost production to 800 million gallons per year.
2. Focus on digital platform integration in 2025
To succeed in the modern energy market, companies need to fully integrate digital platforms into the core of their businesses. This trend is the only way to have visibility into the value chain and energy production. It’s also a way to generate real-time action plans and have the ability to pivot quickly when supply chain and market conditions change.
These data platforms improve agility by integrating solutions, paving the way for scalable processes, and adding automation with AI tools. Having this data on hand allows energy companies to achieve business goals, such as improving cash flow and sales volume.
Baker Hughes, a US based energy technology leader operating in 120 countries, relies on centralized data in order to respond rapidly to sudden changes and events (like COVID) and even political instabilities.
Starting with an integrated digital platform makes it possible to layer cutting edge AI technology on top and infuse with industry best practices. With AI tools in place, energy companies can better predict hydrocarbon movements, create commodity trade deals, validate gas plant transactions, anticipate equipment performance, and automate to reduce manual processes.
In the US oil and gas industry, upstream companies have grown profitably by focusing on digital transformation, capital discipline and strategic acquisitions, according to Deloitte. The strategy helped them grow net income by 7% between 2014 and 2023 despite an 18% drop in oil prices, Deloitte said in its 2025 industry outlook.
The energy transition: Definition, benefits, trends in renewable energy
The transition away from fossil fuels to renewable energy is a when, not an if. What energy companies do now to differentiate themselves and set a foundation for the future will separate the leaders from the laggards.
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3. Create better products through collaboration
Oil and gas companies are leveraging partnerships to tackle challenges and boost sustainability, a trend that will grow in 2025. This collaboration helps fast track innovation and improve procurement practices by looping in highly connected suppliers that have mastered automation.
Joint ventures are another way businesses can differentiate themselves on the road to decarbonization. Harvard Business Review reports that 80% of surveyed chemical and oil companies think that their usual investment and M&A strategies aren’t properly equipped to handle the energy transition.
About one-third of oil and gas joint ventures and partnerships were centered on clean energy as of 2023, but more work is needed.
Partnerships and joint ventures require two-way data sharing with all ecosystem collaborators. Energy companies aiming to grow and innovate through these channels will need to first integrate a strong data foundation in order to have a launch pad for innovation.
Energy companies that want to leverage partnerships need to simplify their tech stacks to make sure they can collaborate with ease. For example, Baker Hughes reduced their IT processes from 10 procurement systems to two applications.
As energy leaders begin to consider which companies they might want to partner with, they also need to think about how they can provide a seamless experience once those partners sign on.
4. The race to net zero heats up
Customers and governments are demanding low-to-no carbon energy systems. In 2025, the energy industry must continue working toward a future where they can guarantee energy security while also improving the sustainability mix.
Renewable power capacity is well on its way.
“Between [2024] and 2030, the world is on course to add more than 5,500 gigawatts of renewable power capacity – roughly equal the current power capacity of China, the European Union, India and the United States combined,” International Energy Agency Executive Director, Fatih Birol said in a news release.
In order to boost renewable power capacity, oil and gas companies must focus on producing and storing industrial assets such as hydrogen, biofuels, and other clean energy sources and lock in new ways to transport carbon dioxide.
MAIRE, a global leader in natural resource transformation, works across 49 countries to reduce the environmental impact of the oil and gas sector, convert fuel and plastics to renewable alternatives, and transform waste to chemicals, fuel, and recycled products.
The industrial group aims to achieve carbon neutrality for Scope 1 and 2 emissions by 2030 and Scope 3 emissions by 2050. To support its decarbonization efforts, put security and compliance first, become more cost effective, and maintain business continuity, MAIRE moved to the cloud and invested in digital capabilities.
Galp, a Portuguese multinational energy company, is another example of an industry leader that’s focused on reaching net-zero goals by improving operational efficiency.
Finding balance in oil, gas, and energy
The renewable energy transition ultimately depends on companies striking a balance between adding new energy sources, partners, and technologies and continuing their day-to-day operations.
They need to be flexible and focus on scalable, revenue-generating opportunities powered by strong data and analytics that can help them respond to overnight market changes and predict future needs to ensure continued growth.
The 2025 oil, gas, and energy trends hinge on working toward sustainability goals while maintaining operational and financial performance, and transforming raw data into actionable insights.
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