1. Market Research
  2. > Energy & Environment
  3. > Energy Market Trends
  4. > Oil and Gas Energy

Oil & Gas Market Research: Latest Industry Analysis, Trends & Statistics

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
31 votes

Global Oil & Gas Industry

The worldwide oil and gas industry is a major segment of the energy market and covers the locating, extracting (drilling), refining, delivering and marketing of oil and gas products. Oil meets much of the world’s demand for energy, around a third in the EU and Asia and over half in the Middle East. Gas market has recovered after consumption fell about 6% in the EU in 2009, driven down by the global financial crisis.

The world could come up against daily oil shortages of 18 million barrels by 2030, according to a report by the US Joint Forces Command.

Leading Oil & Gas Market Segments

Oil - The global market for crude oil is highly competitive due to falling resources. Americas represent more than 35% of the overall value of the global crude oil market.

Gas - The natural gas and liquefied natural gas storage (LNG) market demand has rebounded to match and exceed pre-recession levels. Gas prices in the US are about half of those in the EU and Asia. Gas demand fell 3% in 2009; the most dramatic fall in 30 years, according to the International Energy Agency.

Key Oil & Gas Regional Market Share

Demand for gas is decreasing at different rates in various regions, with demand in OECD countries dropping nearly 3.5% in 2009 to 1,495 billion cubic meters (bcm) and demand in India and China climbing 10% to 20%. Gas meets about 20% of global demand for electricity.

Oil & Gas Industry Leaders

The top 10 gas and oil companies dominating the global market are ExxonMobil Corp, BP, Gazprom Oao, Petrobras Brasileiro, Total SA, E.On AG, Petrochina Co, China Petroleum, Chevron Corp and Royal Dutch Shell.

Texas-based Exxon Mobil Corporation produces, transports and sells both crude oil and natural gas. 

BP, based in the UK, is a fuel provider for various sectors including transportation, retail services and energy for heat and light. It is involved in exploration, production, refining and marketing.

Other leaders in the market include LUKOIL, RWE AG, Reliance Industries, Rosneft Oil, Endesa SA, ENI SpA, and TNK-BP.

Oil & Gas Market Outlook

The oil industry faces dual challenges of dwindling resources and weakening demand as environmental factors and the need for more reliable, cheaper sources of energy sees governmental policy favor renewable energies moving forward.

The EU region is increasingly reliant on imports of gas as its domestic production falls. The market is fragmented and national monopolies make it difficult for newcomers to gain access to the market. LNG share will continue to rise, coming largely from Africa, North Africa and the Caribbean.

Read more »

Share

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 116000 reports

Global Oil Statistics, Monthly Update

  • January 2017
    98 pages
  • Oil  

  • World  

    Asia  

    United States  

View report >

Oil and Gas Industry in the US

  • January 2017
    8 pages
  • Oil And Gas Ene...  

  • United States  

    Libyan Arab Jam...  

View report >

Oil and Gas Industry in the UK and Europe

  • January 2017
    15 pages
  • Oil And Gas Ene...  

  • United Kingdom  

    Europe  

    World  

View report >

Oil and Gas Industry in Asia and Malaysia

  • January 2017
    7 pages
  • Oil And Gas Ene...  

  • Asia  

    Malaysia  

View report >

Oil and Gas Statistics in Japan

  • December 2016
    6 pages
  • Crude Oil  

    Oil  

    Refined Oil Pro...  

  • Japan  

    Asia  

View report >

Oil and Gas Industry in France

  • December 2016
    8 pages
  • Oil And Gas Ene...  

    Oil  

  • France  

    Europe  

View report >

Oil Supply in Italy - Forecast

  • October 2016
    11 pages
  • Oil  

  • Italy  

View report >

Oil and Gas Industry in the UK - Forecast

  • January 2017
    8 pages
  • Oil  

    Gas  

  • United Kingdom  

View report >

Oil Industry in Canada and the US, Weekly Update

  • January 2017
    5 pages
  • Oil  

  • Canada  

    United States  

    North America  

View report >

Search in Oil And Gas Energy Industry (About 116000 reports)
Parent industry: Energy
Related industries: Renewable Energy, Nuclear Energy, Coal Energy, Electric Power

About 13000 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 55 - $ 6531)

Gas Sensors and Gas Metering: Applications and Markets

Gas Sensors and Gas Metering: Applications and Markets

  • $ 6650
  • Industry report
  • January 2017
  • by BCC Research

Use this report to: - Learn about the basic concepts, principles of operation, and equipment used for gas metering, gas sensing/monitoring, secondary gas flow instrumentation, and sampling. - Evaluate ...

Eor Yearbook 2016: The Ultimate Guide To Enhanced Oil R ...

October 2016 $ 6272

Asia Construction And Reclamation Sand Market

December 2016 $ 6000

Compressor Rental Market By Compressor Type (reciprocat ...

January 2017 $ 5650

Environmental Remediation Market By Environmental Mediu ...

October 2016 $ 5650

Artificial Lift Market By Type (electrical Submersible ...

October 2016 $ 5650

Marine Engines Market By Power’000 Hp, Vessel Type, F ...

January 2017 $ 5650

Screw Compressor Market By Type, Stage, Technology, End ...

January 2017 $ 5650

Signaling Devices Market For Hazardous And Safe Areas, ...

January 2017 $ 5650

Non-destructive Testing Market By Component Method End- ...

January 2017 $ 5650

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.