Oil & Gas

Oil & Gas

An extension of the mining industry, Oil & Gas industry which is also referred to as the petroleum industry is vast to say the least. Some of the biggest companies in the world are in the Oil and Gas business. Standing tall at about USD 1.3 trillion revenue, the enormous industry includes exploration, extraction, refinement and logistics by tankers or pipes and their related marketing.

Oil & Gas is reminiscent with energy production. Be it automobiles or industrial output the Oil & Gas industry acts as the backbone for most things that need energy to function right from the industrial revolution.

Categorized into Upstream, Midstream & Downstream and understood as Exploration and Production in Upstream; Storage, Marketing & Logistics in the Midstream acting as the link between far flung and often offshore locations of Upstream; Refineries, Distribution Companies, Distributors, Retail Outlets etc.

The industry also acts as a raw material supplier for the likes of Solvent, Pharma, Fragrances, Plastics and Energy industries etc also touches every common man or industry in multiple ways.

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