The world's reliance on oil and gas is increasing as global economies and framework keep on depending intensely on petrol based items. The trend towards inexhaustible and elective energy is another threat to conventional oil and gas organizations. The oil and gas industry is considered to have the best interest in the developing world.
The worldwide pandemic has not just intensified the week signals of interruption that have been forming over the past decade but also essentially changed the actual market.
Certainly, the global COVID-19 pandemic got the oil and gas industry caught off guard for a totally changed the scene. Countries that are outside the Organization of Petroleum Exporting Countries (OPEC) export crude oil initially then, turned up the spigots, and oil prices collapsed. Demand for transportation fuels fell by least expected numbers and storage tanks filled, which forced refineries to cut their rates or even stop production.
To adapt successfully to the new and volatile landscape during and after the COVID-19 crisis join the exclusive digital event on July 03, 2021 London Time.
Oil & Gas Summit 2021 mainly focused on the theme “Today’s Vision: Tomorrow’s Reality”.
Oil & Gas Summit 2021 will bring together oil and gas, petroleum and refinery companies, policy makers, oil & gas experts, speakers, delegates, students.Read More
The oil and gas industry is confronting market headwinds even before the pandemic began.
A successful response to the fundamental market changes seen in the COVID-19 crisis
The industry constantly aims to minimize risks from its operations and is committed to pursuing improved performance
The global energy mix is shifting from fossil fuels to renewables.
Operation optimization of natural gas pipelines has received increasing attentions
The current context combines a supply shock with an unprecedented demand drop and a global humanitarian crisis.
As oil and gas companies are a lot faster to embrace new advancements than to try different things
Block chain has been the topic of a lot of hype recently, with nearly each industry proposing its use in various stages