Oil and Gas Industry

The oil and gas industry involves the exploration, extraction, refining, and distribution of fossil fuels to meet energy needs globally. Oil and natural gas are vital sources of energy for transportation, heating, electricity, and manufacturing. Companies in this sector seek to find oil and gas reserves underground, drill to access them, and process these resources into usable forms. This industry plays a crucial role in the economy, influencing energy prices and supporting jobs, but it also faces challenges related to environmental concerns and the transition to renewable energy sources.