File Name: the global oil and gas industry .zip
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In this book, we describe and analyze the global oil and gas industry with a focus on the strategic, financial, and business aspects of the industry. Our goal is to provide a single source for anyone interested in how the worlds largest industry actually works: business executives, students, government officials and regulators, people working in the industry, and the general public. A basic premise underlying the book is that despite the size and importance of the oil and gas business, there is a basic lack of knowledge about the industry. This lack of knowledge is surprising given how important the industry is in the global economy and how the industry touches our daily lives in so many ways. Although there are thousands of books written about the industry, most are technical guides with very narrow audiences, or populist diatribes on the coming end of society as we know it.
The oil and gas industry is one of the largest, most complex, and most important global industries. The industry touches everyone's lives with products such as transportation, heating and electricity fuels, asphalt, lubricants, propane, and thousands of petrochemical products from carpets to eyeglasses to clothing. The industry impacts national security, elections, geo-politics, and international conflicts. The prices of crude oil and natural gas are probably the two most closely watched commodity prices in the global economy. In recent years, the industry has seen many tumultuous events, such as the growth in oil and gas production in the United States; sanctions on Russia and improved international relationships with Iran; continued technological advances in unconventional oil and gas; ongoing strife in Iraq, Libya, and various other oil-exporting nations; continued heated discussion about climate change and non-hydrocarbon sources of energy; and continued uncertainty in crude and gas prices. This case can be used in multiple settings: 1.
As the third decade of 21st century begins, the oil and gas industry faces opposition from a public greatly concerned with the environmental impact of fossil fuels, ever-more skeptical shareholders, and challenges from policy makers seeking to simultaneously meet decarbonization goals and expected oil and gas demand. Amidst a global energy transition, the demand, financial, and social future of oil and gas companies is increasingly in question. However, even with these obstacles, oil and gas remain an important part of the energy mix, especially in developing regions. In the United States, India, and China—the three largest greenhouse gas emitters—natural gas in particular has the potential to remain an integral component of the low carbon energy transition for decades to come, depending on the policy mechanisms and technologies in place. In addition to disincentives, many governments are encouraging the use of substitute technology and fuel, especially renewable energy. A third method of decreasing carbon use is the organization of circular economies, in which materials are reused or recycled instead of disposed of at the end of their service life.
Order a Project Account now to get immediate access to our dossiers, studies and reports. Single Accounts Corporate Solutions Universities. Popular Statistics Topics Markets. Oil industry worldwide. This dossier presents graphs and tables that deal with the global oil industry and market. Crude oil is crucial to the workings of the global economy as petroleum products are key feedstocks for many petroleum-based products from transportation fuels to plastics, resins, and solvents.
Below are the available bulk discount rates for each individual item when you purchase a certain amount. Register as a Premium Educator at hbsp. Publication Date: February 24, Source: Thunderbird School of Global Management. The oil and gas industry is one of the largest, most complex, and most important global industries. The industry touches everyone's lives with products such as transportation, heating and electricity fuels, asphalt, lubricants, propane, and thousands of petrochemical products from carpets to eyeglasses to clothing. The industry impacts national security, elections, geo-politics, and international conflicts.
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Evolving energy demand and pricing outlooks are transforming the oil and gas industry. But few companies are fully harnessing the power of digitalization. The sector requires new business models, rationalized portfolios, accelerated investment in digital technologies and greater capital flexibility. Our experience across the oil and gas value chain and our collaboration with leading technology firms provide a unique combination of resources. Tap into our insights to create efficiencies now while transforming for long-term growth in a new energy world.
The ILO estimates that nearly 6 million people are directly employed by the petroleum industry and over ten times that number of jobs are indirectly created by the industry. Employment opportunities for women in the petroleum industry are increasing, but from a very low base. This may be because of harsh working conditions in the industry: long hours work, especially in oil production; increasing amounts of work round the clock, in difficult, remote areas ; scheduling of shifts particularly offshore when rotation patterns are constrained by transport schedules and limits on accommodation. The petroleum industry faces the shortage of skilled workers. Find information on the oil and gas production sector through Labordoc ILO publications on the oil and gas production sector All publications on the oil and gas production sector available in Labordoc By theme Corporate social responsibility Employment Industrial relations Occupational safety and health Offshore installations Oil prices Productivity and technology Social dialogue Sustainable development Working conditions By region Africa Arab countries Asia and Pacific Europe Latin America and the Caribbean North America Developed countries Developing countries Petroleum exporting countries.
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The petroleum industry , also known as the oil industry or the oil patch , includes the global processes of exploration , extraction , refining , transporting often by oil tankers and pipelines , and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline petrol. Petroleum is also the raw material for many chemical products , including pharmaceuticals , solvents , fertilizers , pesticides , synthetic fragrances, and plastics. The extreme monetary value of oil and its products has led to it being known as "black gold". The industry is usually divided into three major components: upstream , midstream , and downstream.