Corporate Travel Saw a Rare Bright Spot in the Oil and Gas Industry: Why That’s Now Changing

It’s well-known that working in the oil and gas industry comes with more risks than the average office job, but now it seems there’s a heightened risk managing travel within the sector too. Following the collapse of one specialist travel agency, experts are warning that fault lines are starting to appear. One described a "Catch 22" situation for those agencies that bankroll their customers' travel as they struggle with cashflow problems caused by airline refund delays. And there's more uncertainty ahead for an industry hit by weaker demand for jet fuel and a growing movement towards more sustainable energy production. Pandemic-related restrictions are also taking their toll on complex travel requirements, and range from self-isolating helicopter pilots to hotel capacity squeezes. It wasn't always the case. During the pandemic, the wider energy sector — alongside medical and key workers — was regarded as a resilient one compared to traditional corporate travel. “Wi