The white oil market, often referred to as the petroleum sector, continues to demonstrate resilience despite the fluctuating global economic climate. One significant trend being observed is the shift towards more environmentally sustainable and efficient production methods to minimize the negative impact on the environment. Furthermore, there is an increasingly...
Discover more insightsCurrently, the global petroleum refining industry and gas processing capacity is exhibiting steady growth, supported by the constant increase in demand for energy sources. While key regions such as North America, China, and the Middle East continue to hold substantial capacity, both developed and emerging economies are investing in the...
Discover more insightsThe Oilfield Services sector is currently being shaped by a raft of factors. Most notably, advancements in drilling technologies and an increase in drilling activities are primarily driving the growth. Simultaneously, the push towards renewable energy forms and the consequent shift towards natural gas marks a key trend. Reduced operational...
Discover more insightsForemost, expansion in the sector of oil and gas exploration, synonymous with ‘upstream’, is primarily propelled by increasing global energy demands, particularly from developing economies. Advancements in technology have also played a pivotal role in the sector’s expansion, significantly improving extraction efficiency and enabling exploitation of previously inaccessible reservoirs. Despite...
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