- The oil industry is facing a talent shortage as young people are not interested in pursuing careers in the field.
- The number of undergraduate students studying petroleum engineering has significantly declined.
- Students are concerned about the industry's role in climate change and long-term job security.
- Oil and gas companies are offering fellowships and programs to attract new talent.
- Universities are rebranding or ending petroleum engineering programs.
Big Oil’s Talent Crisis: High Salaries Are No Longer Enough
The oil industry is facing a talent crisis as young people are not interested in pursuing careers in petroleum engineering due to concerns about climate change and job security.