December 1999

Trends and Resources

HP Impact: HPImpact: HPI companies lag in Internet use

The e-commerce tidal wave has been rolling through many industries within the past year, but the petroleum industry is under siege. An analysis of public Web sites of the top global petroleum companie..

Weirauch, Wendy, Hydrocarbon Processing Staff

The e-commerce tidal wave has been rolling through many industries within the past year, but the petroleum industry is under siege. An analysis of public Web sites of the top global petroleum companies has determined that robustness and functionality of their public Web sites are lagging other industries. However, Ernst & Young Consulting's survey also shows that the petroleum industry "is beginning to drill deeper to mine the vast Internet reservoirs of opportunity." E&Y defines the robustness of Internet adoption by a company in four business waves. The most basic wave is labeled e-information. Companies in this wave focus on publishing static information on their we

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