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Big Oil’s Only Female CEO States What Women Really Want on the Job

According to Bloomberg, Vicki Hollub the president and CEO of Occidental Petroleum and the first woman to head a major American oil company have stated that what women really want in the industry is a fair chance to climb the corporate ladder.

“Women I talk and work with in the industry really feel they need the assurance that they will be given the opportunity and the chance to perform,” Hollub said in an interview in Houston. “The industry has to prove that that’s a reality everywhere.”

Read more about Vicki Hollub’s interview here

Truthfully the number of women who have attained any height in the oil industry not only in America but globally is very low compared to their male counterpart. A recent analysis of professional social networking website LinkedIn found that women made up just 26.7 percent of profiles in oil and gas, less than in any other industry. This goes to show that the gender imbalance in the industry is quite alarming.

There are a number of challenges facing the industry when it comes to gender balance e.g the fact that very few women are encouraged to pursue technical education, difficulties in retaining greater numbers of women in the industry, structural barriers within the industry that make it difficult for women to advance and to balance work and family. More work must be done to ensure these challenges are defeated and the gender gap is closed.

Here are some suggested action plans:

  • Increase women’s participation in Science, Technology, Engineering and Mathematics (STEM) programs.
  • Promote wide range of jobs available in the industry
  • Create career opportunities for women just as it is for the men
  • Ensure that standards for promotion are applied equally to both men and women.
  • Provide support to help women succeed in their careers
  • Encourage work-life balance

 

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