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Working with the Neighbors: Susan Ruth on Stakeholder Risks
The neighborhood is changing for oil companies as they move into new, undeveloped areas to secure access to new reserves. Although they have a long history of working with local communities, oil companies are finding that their new neighbors are becoming more insistent about control over issues in the neighborhood. In this interview, CERA Director Susan Ruth discusses the challenges and risks oil companies face as a result of collision of two trends—tapping into new areas and local community empowerment. Every situation is different, but companies are finding ways to convert risk into competitive advantage.
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Related Research
For more information on the topic, members of the following advisory service may read the recent report, Working with the Neighbors: Oil Company Stakeholder Practices:
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