Oil and Gas refers to the exploration, extraction, refining, and distribution of crude oil, natural gas, and their derivative products. This sector includes upstream activities such as drilling and production, midstream operations like transportation and storage, and downstream processes including refining, distribution, and marketing of fuels and petrochemicals.
The industry is driven by global energy demand, industrial growth, transportation needs, and petrochemical production. Advances in drilling technology, enhanced oil recovery techniques, and digital monitoring systems have improved efficiency, safety, and cost-effectiveness across operations.
Sustainability and environmental management are increasingly important, with regulations and innovations targeting reduced emissions, cleaner fuels, and safer operations. Adoption of renewable energy integration, carbon capture, and digitalization is reshaping traditional oil and gas practices.
Oil and gas continue to be a critical energy source, supporting industrial development, transportation, and global energy security while adapting to the evolving transition toward low-carbon and sustainable energy systems.
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