The strategic management process is the full set of decisions, commitments, and activities required for policymakers to attain strategic competitiveness for global energy management. The initial step of the process is investigating the external environments to determine the opportunities and threats. The objective of this study is to scan and analyse the economic segment of the external environment. The strengths, weaknesses, opportunities, and threats analysis is applied to identify factors that have a direct effect on global energy management. The research results are required for the decision-makers to understand the critical factors in the economic segment and their implications for selecting and implementing the appropriate strategies.