KPMG – 2025 Global Energy, Natural Resources and Chemicals CEO Outlook

This report presents the outlook of CEOs in the global Energy, Natural Resources, and Chemicals sector for 2025.

It addresses economic, technological, geopolitical, regulatory, and talent challenges facing the sector. Key findings highlight a turbulent environment with fluctuating trading conditions, supply chain interruptions, and regulatory uncertainty. The energy transition is disorderly, with rising output in both fossil fuels and renewables. Mining companies focus on extracting rare earth minerals efficiently while minimizing environmental impact. The chemicals sector faces profitability threats due to a long down-cycle, inflation, and interest rates. Regional variations include stalled renewable momentum in Europe but growth in China and non-OECD countries. Innovations in energy efficiency and battery storage are increasing but not fast enough. Emissions are rising, threatening Paris Agreement targets. AI plays an increasing role in innovation, efficiency, risk reduction, planning, and reporting. CEOs need to be well-informed to navigate uncertainties and seize opportunities.