GITNUX MARKETDATA REPORT 2024

Diversity In The Oil Industry Statistics

The oil industry lacks diversity with only around 20% of the workforce being comprised of women and even fewer from ethnic minority backgrounds.

Highlights: Diversity In The Oil Industry Statistics

  • In 2020, women hold just approximately 23.9% of jobs in oil and gas extraction.
  • Women make up less than a quarter of the UK oil and gas workforce (22%), according to a study from 2019.
  • Only 1% of the oil and gas industry executives are Black.
  • As of 2021, in the oil and gas sector, women hold only 17% of board seats.
  • At the executive level, only 11% of roles in the oil and gas sector are held by women.
  • Despite the progress over recent years, only 26% of posts in the oil and gas industry are filled by BAME (Black, Asian, and Minority Ethnic) employees.
  • Less than 20% of oil and gas board members are women in 2021.
  • 71% of oil and gas professionals believe there has been enough progression in relation to diversity and inclusion.
  • Only 16% of the oil & gas workforce in the U.S. were Hispanic or Latino in 2020.
  • As of 2016, women constituted just under a quarter (24.4%) of the oil and gas workforce in Singapore.
  • Only 6% of CEOs in the oil and gas industry are women.
  • The percentage of women in the oil and gas industry is 27% in Canada.
  • Minorities account for less than a quarter (22%) of the workforce in the oil, gas, and petrochemical industries.
  • Racial diversity in the oil and gas industry saw a 4% increase from 2015 to 2020.
  • Women occupy around 19% of senior leadership roles in the global oil and gas sector.
  • African-Americans represent less than 7% of the workforce in the oil and gas industry.
  • Women comprise less than 20% of the total workforce in the global oil and gas industry.
  • The average age of oil and gas workers in America is 44 years old, highlighting a lack of young talent entering the sector.

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The Latest Diversity In The Oil Industry Statistics Explained

In 2020, women hold just approximately 23.9% of jobs in oil and gas extraction.

The statistic states that in 2020, women held around 23.9% of jobs in the oil and gas extraction industry. This percentage represents the proportion of female workers relative to the total workforce in that sector and indicates a significant gender imbalance within the industry, with a clear underrepresentation of women in these roles. Factors such as historical gender norms, limited opportunities for advancement, and the physical nature of the work may contribute to this disparity. Addressing this imbalance requires efforts to promote diversity and inclusivity, as well as initiatives to support the recruitment, retention, and advancement of women in the oil and gas extraction industry.

Women make up less than a quarter of the UK oil and gas workforce (22%), according to a study from 2019.

The statistic reveals that in 2019, women comprised only 22% of the workforce in the oil and gas industry in the UK. This represents a substantial gender imbalance within the sector, with a significant underrepresentation of women compared to men. The disparity highlights the lack of gender diversity in the industry and indicates potential barriers for women to enter and advance in oil and gas-related careers. This finding underscores the importance of promoting gender equality and implementing strategies to increase the participation and retention of women in the oil and gas workforce in order to foster a more inclusive and diverse industry.

Only 1% of the oil and gas industry executives are Black.

The statistic stating that only 1% of oil and gas industry executives are Black indicates a lack of racial diversity within the leadership ranks of this particular industry. This underrepresentation of Black individuals in executive roles suggests potential barriers to entry, advancement, or inclusion within the industry for Black professionals. It may also reflect broader systemic inequalities and disparities in access to opportunities and resources for Black individuals in the field of oil and gas. Addressing this issue would require intentional efforts to promote diversity, equity, and inclusion within the industry to ensure a more representative and inclusive leadership population.

As of 2021, in the oil and gas sector, women hold only 17% of board seats.

The statistic “As of 2021, in the oil and gas sector, women hold only 17% of board seats” indicates a significant gender disparity in corporate leadership within the industry. With women occupying just 17% of board seats, it highlights an underrepresentation of women at the decision-making level in oil and gas companies. This lack of gender diversity can have far-reaching implications, including a limited range of perspectives in strategic decision-making processes, potential challenges in addressing gender-specific issues within the sector, and overall impact on organizational performance and reputation. Efforts to promote gender diversity and equality in the boardroom are essential for fostering a more inclusive and innovative industry environment.

At the executive level, only 11% of roles in the oil and gas sector are held by women.

The statistic “At the executive level, only 11% of roles in the oil and gas sector are held by women” indicates a significant gender imbalance within the industry. With just 11% of executive positions being held by women, it highlights a lack of gender diversity and representation at the highest levels of leadership in the oil and gas sector. This underrepresentation of women in executive roles suggests potential barriers to career progression and opportunities for women within the industry, reflecting broader challenges related to gender equality and inclusion in traditionally male-dominated sectors like oil and gas. Addressing this imbalance and promoting greater gender diversity in leadership positions is crucial for advancing gender equality and creating a more inclusive work environment in the industry.

Despite the progress over recent years, only 26% of posts in the oil and gas industry are filled by BAME (Black, Asian, and Minority Ethnic) employees.

The statistic highlights that, despite some advancements in diversity and inclusion efforts within the oil and gas industry, the representation of Black, Asian, and Minority Ethnic (BAME) employees remains disproportionately low, with only 26% of posts being filled by individuals from these backgrounds. This suggests that there are still barriers or challenges that may be hindering equal opportunities for BAME individuals within the industry. Addressing this disparity is crucial not only for promoting equity and diversity but also for harnessing the full potential of a diverse workforce in driving innovation, creativity, and sustainable growth within the sector.

Less than 20% of oil and gas board members are women in 2021.

The statistic “Less than 20% of oil and gas board members are women in 2021” indicates that women are significantly underrepresented in leadership positions within the oil and gas industry. With less than 20% of board members being women, it highlights a clear gender imbalance at the highest decision-making levels of the sector. This disparity may reflect systemic barriers that women face in accessing leadership roles in male-dominated industries like oil and gas. Addressing this underrepresentation is crucial not only for achieving gender equality but also for leveraging diverse perspectives and talents to drive innovation and sustainable growth within the industry.

71% of oil and gas professionals believe there has been enough progression in relation to diversity and inclusion.

The statistic indicating that 71% of oil and gas professionals believe there has been enough progression in relation to diversity and inclusion suggests that a significant majority of individuals within this industry perceive improvements in creating a diverse and inclusive workplace environment. This finding reflects a positive sentiment among oil and gas professionals regarding the efforts made to enhance diversity and foster inclusivity within their organizations. However, it is important to note that the remaining 29% may still feel that more progress is needed in this area, highlighting the ongoing importance of promoting diversity and inclusion in the oil and gas sector to ensure a more equitable and harmonious work environment for all individuals.

Only 16% of the oil & gas workforce in the U.S. were Hispanic or Latino in 2020.

The statistic “Only 16% of the oil & gas workforce in the U.S. were Hispanic or Latino in 2020” suggests that there is a significant underrepresentation of Hispanic or Latino individuals within the oil and gas industry in the United States. This imbalance could indicate potential disparities in opportunities for this demographic group within the industry. It may also point to underlying issues related to diversity and inclusion within the sector, highlighting a need for increased efforts to promote diversity and create a more inclusive work environment for individuals of Hispanic or Latino descent. Further investigation and targeted initiatives may be necessary to address this disparity and foster a more representative and diverse workforce within the oil and gas industry.

As of 2016, women constituted just under a quarter (24.4%) of the oil and gas workforce in Singapore.

The statistic states that as of 2016, women made up 24.4% of the oil and gas workforce in Singapore, indicating a lack of gender diversity in this industry. This suggests that there is significant underrepresentation of women in the field, with men comprising the vast majority of the workforce. The low percentage of female representation may point to barriers or challenges faced by women in accessing employment opportunities within the oil and gas sector in Singapore. Increasing efforts to promote diversity and inclusion, as well as addressing any existing gender biases, could help improve gender balance in the industry and provide more equal opportunities for women to participate and advance within this workforce.

Only 6% of CEOs in the oil and gas industry are women.

The statistic “Only 6% of CEOs in the oil and gas industry are women” indicates the disproportionately low representation of women in leadership positions within that specific sector. With only 6% of CEOs being women, it highlights a significant gender disparity and lack of diversity at the highest levels of decision-making within oil and gas companies. This statistic suggests that the industry may be facing challenges related to gender equality, barriers to advancement for women, and potential issues with diversity and inclusion initiatives. Increasing the representation of women in senior leadership roles within the oil and gas industry could bring a broader range of perspectives, skill sets, and ideas to the forefront, leading to a more innovative and inclusive work environment.

The percentage of women in the oil and gas industry is 27% in Canada.

The statistic “The percentage of women in the oil and gas industry is 27% in Canada” indicates that out of the total workforce employed in the oil and gas industry in Canada, approximately 27% are women. This statistic provides insights into the gender diversity within the industry, highlighting that women are underrepresented compared to men. The relatively low percentage of women in the oil and gas sector could potentially signify barriers to entry, workplace culture challenges, or gender biases that may exist within the industry. This statistic could also serve as a benchmark for organizations and policymakers to address gender equality issues and promote inclusivity within the oil and gas sector in Canada.

Minorities account for less than a quarter (22%) of the workforce in the oil, gas, and petrochemical industries.

The statistic that minorities account for less than a quarter (22%) of the workforce in the oil, gas, and petrochemical industries indicates a lack of diversity within these industries. It suggests that a significant portion of the workforce is made up of individuals from the dominant racial or ethnic group, while individuals from minority groups are underrepresented. This lack of diversity can have implications for equality of opportunity, representation, and perspectives within these industries. Efforts to increase diversity and inclusion in the workforce, such as implementing inclusive hiring practices and creating a supportive work environment, may be necessary to address these disparities and promote a more equitable and inclusive workplace.

Racial diversity in the oil and gas industry saw a 4% increase from 2015 to 2020.

The statistic ‘Racial diversity in the oil and gas industry saw a 4% increase from 2015 to 2020’ indicates that over the specified time period, there was a measurable improvement in the representation of individuals from diverse racial backgrounds within the industry. The 4% increase suggests that there has been progress in addressing diversity and inclusivity within the sector, possibly through hiring initiatives, diversity programs, or other interventions aimed at promoting greater representation of minority groups. This statistic highlights a positive shift towards a more inclusive workforce, which can lead to a more diverse range of perspectives and ideas within the industry, potentially leading to improved innovation and decision-making processes.

Women occupy around 19% of senior leadership roles in the global oil and gas sector.

The statistic “Women occupy around 19% of senior leadership roles in the global oil and gas sector” indicates the percentage of women in high-level positions within the oil and gas industry worldwide. This figure reflects a gender imbalance in senior leadership roles, with women significantly underrepresented in decision-making positions within this particular sector. The statistic highlights a lack of gender diversity and potential barriers that women may face in advancing their careers to leadership positions in the oil and gas industry. Efforts to increase gender diversity and promote equal opportunities for women in leadership roles within the sector may be necessary to address this disparity.

African-Americans represent less than 7% of the workforce in the oil and gas industry.

The statistic that African-Americans represent less than 7% of the workforce in the oil and gas industry highlights a significant lack of diversity within the sector. This underrepresentation can result in limited opportunities for African-Americans to pursue careers in a lucrative industry, as well as potential disparities in access to well-paying jobs and career advancement. Addressing this imbalance is crucial for promoting equity and creating a more inclusive workforce that reflects the diversity of the population. Organizations in the oil and gas industry must actively work towards increasing diversity and creating initiatives to attract, retain, and support African-American employees to foster a more representative and equitable workplace.

Women comprise less than 20% of the total workforce in the global oil and gas industry.

The statistic “Women comprise less than 20% of the total workforce in the global oil and gas industry” highlights a significant gender imbalance in the industry. The fact that women make up less than 20% of the workforce indicates a lack of representation and opportunities for women in this sector. This disparity may be influenced by historical gender stereotypes, limited access to education and training, as well as workplace cultures that may be unwelcoming or discriminatory towards women. Addressing this gender imbalance is crucial for promoting diversity, equality, and inclusivity in the oil and gas industry, as well as unlocking the full potential of women’s talent and expertise in this important sector.

The average age of oil and gas workers in America is 44 years old, highlighting a lack of young talent entering the sector.

The statistic indicating that the average age of oil and gas workers in America is 44 years old suggests a concerning lack of younger talent entering the industry. This situation could have significant implications for the future of the sector, as it points towards an aging workforce that may eventually result in a shortage of skilled workers. The absence of a younger labor force entering the oil and gas industry may indicate a lack of appeal in terms of career opportunities, advancements, or the perceived stability of the industry. Addressing this issue is crucial to ensure the sustainability and competitiveness of the oil and gas sector in the long term, by attracting and retaining younger workers with the necessary skills and expertise.

Conclusion

Diversity in the oil industry is a significant issue that requires attention and action. The statistics presented in this blog post highlight the lack of representation of women and minority groups in the industry. It is imperative for companies to prioritize diversity and inclusion initiatives in order to create a more inclusive workplace and drive innovation and growth in the industry.

References

0. – https://www.energy-analytics-institute.org

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6. – https://www.oilandgasuk.co.uk

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How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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