Executive Search · Headhunter Oil & Gas · Energy · News

News Edition: April 2024

Short Introduction

Since 1993, Robert Breitbach Consulting has been a retained executive search firm with a focus on the oil & gas industries.

With offices in Germany, Spain, Portugal, and Estonia, we specialize on assisting German, European and American companies in the search and selection of their executives and specialists.

About 70% of the search projects contain the keywords: "CEO, Managing Director, Country Manager, Business Development Manager or Expansions Manager". In addition, we have been able to fill many positions in the areas of sales, plant, and production management. Not to forget many significant engineering positions.

We are pleased that you take the time to visit our "News" page. Here we would like to inform you - updated monthly - about selected topics from this industry.

From the Almanac

The term Oil & Gas Industry includes all processes and operations that involve searching for potential underground or underwater crude oil and natural gas fields.

Oil is measured in barrels; one barrel is equal to 42 US gallons or 159 liters.

Crude oil is formed from animal and plant matter.

Oil tankers are one of the real giants of the industry.

The US consumes more oil than any other country. 1.85 billion barrels per day.

Oil alone powers a third of the world's energy production.

The world's largest oilfield is to be found in Ghawar, Saudi Arabia.

Economic Outlook

The global oil & gas sector performance in 2024 will remain in line with that in 2023.

The industry is projected to generate its highest-ever cash flow by the end of 2024.

Oil prices should remain high in 2024.

What's On The News?

• The Economic Times writes about the pinnacle and peril of peak oil.


• Paul Anderson reports on rigzone.com, why a realistic path to carbon reduction is needed.


• According to Global Maritime Forum, major maritime companies agree to develop book and claim approaches in order to accelerate shipping's decarbonisation transition.


• Lesley Bankes-Hughes writes on bunkerspot.com about DNV's whitepaper, addressing the role of biofuels in shipping's energy transition.


• For offshore-engergy.biz, Melisa Cavcic reports about an oil discovery in the North Sea off Norway.

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