The Impact of New Communications Tools For Firms in the Energy Industry

www.facetime.comThe Impact of New Communications Tools For Firms in the Energy Industry

Why You Should Read This White Paper - The energy industry is among the largest and most important industries worldwide. For example:

• Of the ten largest companies in the world, seven are energy producers and/or providers.
• The largest company in the UK is an energy company (BP) and two of the ten largest companies in the UK are energy-focused.
• In the United States, nearly one in eight companies in the Fortune 500 is focused on the energy industry: 13 are petroleum refining companies, 11 are pipeline companies, 24 are gas and electric utilities, and 11 companies are focused on other aspects of the energy industry.
• The US has more than 3,200 traditional electric utilities, more than 1,700 non-utility producers of power, more than 1,600 natural gas providers and more than 100 oil companies.
• The US electrical infrastructure has in excess of $1 trillion in assets, more than 800,000 megawatts of generating capacity, and more than 200,000 miles of transmission facilities.
• The overall energy industry in the United States employs roughly 600,000 people and accounts for annual sales of more than $500 billion.

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