Oil, Gas, and the Internet 'E-transformation' of oil companies offers unprecedented value-creation opportunities

Click here to enlarge imageTwo years ago, the term "New Economy" was most often used by people while predicting how all businesses-and our very lives-were going to be completely and forever changed by the internet.They offered as proof the number of newly created web-based businesses and the number of dollars being poured into those businesses by individual and institutional investors.How quickly things change. Just as it was considered forward-thinking to extol the virtues of electronic technologies and new electronic-business models, many of the business and technology prophets have switched to preaching a new version of the future: one that resembles the past, in that business cycles...

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