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

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

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

Topics under Oil and Gas

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

+1 646 893 5945

1-10 of about 91000 reports

Global Oil Forecast Statistics, Monthly Update

  • October 2017
    32 pages
  • Oil  

  • World  

    United Arab Emi...  

    United States  

View report >

Natural Gas Supply in the US - Forecast

  • October 2017
    14 pages
  • Natural Gas  

  • United States  

View report >

Oil And Gas Markets in Europe

  • October 2017
    19 pages
  • Oil And Gas  

  • Europe  

    World  

    Sweden  

View report >

Oil Statistics in Asia

  • October 2017
    7 pages
  • Oil  

  • Asia  

    South Korea  

    Malaysia  

View report >

Liquefied Petroleum Gas Markets in Japan

  • September 2017
    7 pages
  • Liquefied Petro...  

  • Japan  

View report >

Oil And Gas Industry in France

  • August 2017
    39 pages
  • Crude Oil  

  • France  

View report >

Oil Industry in the US and Germany - Forecast

  • September 2017
    8 pages
  • United States  

    Germany  

    United Kingdom  

View report >

Natural Gas Demand Forecast in Italy

  • July 2017
    22 pages
  • Natural Gas  

    Electricity  

  • Italy  

    Europe  

    France  

View report >

Oil Industry in the UK

  • October 2017
    7 pages
  • United Kingdom  

View report >

Oil And Gas Industry in Canada

  • October 2017
    8 pages
  • Oil And Gas  

  • Canada  

View report >


About 5800 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 17678)

Gas Equipment Market by Industrial Gas, Type, Process - Forecast to 2021

  • $ 18000
  • Industry report
  • April 2016
  • by MarketsandMarkets

The global industrial gas handling equipment market size will grow from USD 51.93 billion in 2016 to reach USD 72.22 billion by 2021, at a projected CAGR of 6.82%. Increasing demand for industrial gases ...

Refined Petroleum Product Markets In The World To 2021 ...

July 2017 $ 19804

Crude Oil Flow Improvers Market By Type, Application, S ...

September 2016 $ 12000

Refined Petroleum Product Markets In Europe To 2021 - M ...

July 2017 $ 11425

Global Oil And Gas Exploration Market Research Guide (h ...

May 2016 $ 8000

Global Oil And Gas Pipelines Industry Outlook To 2021: ...

April 2017 $ 8000

Global Oil Storage Industry Outlook To 2021 - Capacity ...

March 2017 $ 8000

Global Lng Industry Outlook To 2021 - Capacity And Capi ...

February 2017 $ 8000

Global Refining Industry Outlook To 2021 - Capacity And ...

January 2017 $ 8000

Hydrogen Generation Market By Generation And Delivery M ...

April 2017 $ 7150

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