What Is Oil And Gas Industry Pdf

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what is oil and gas industry pdf

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The petroleum industry , also known as the oil industry or the oil patch , includes the global processes of exploration , extraction , refining , transporting often by oil tankers and pipelines , and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline petrol. Petroleum is also the raw material for many chemical products , including pharmaceuticals , solvents , fertilizers , pesticides , synthetic fragrances, and plastics.

Petroleum industry

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Introduction to Oil and Gas Industry

Oil and gas operations handle and manage large volumes of produced water. In recent years, the increased demand for and natural variability of water resources have driven interest by policy makers, regulators and society in the potential opportunities for its reuse. Such reuse may include the beneficial utilization of produced water with or without treatment to meet the requirements for use within oil and gas operations, or by external users. In recognition of the need to gain a full understanding of produced water management and the potential for reuse, IPIECA conducted an internal survey of 14 IPIECA member companies, interviews with selected external stakeholders covering a range of sectors and geographic regions and a literature review of readily available information regarding this subject. The external stakeholders were identified from the membership survey as well as from IPIECA and consultant's experience with the aim to learn from, and build on, existing work on produced water reuse.

Light and sweet crude oil is usually priced higher, and therefore more sought-after, because it is easier to refine to make gasoline than heavy and sour crude oil. Natural gas is found in both associated formations, meaning it is formed and produced with oil, and non-associated reservoirs. Gas can either be dry pure methane , or wet exists with other hydrocarbons like butane. Although wet gas must be treated to remove the other hydrocarbons and other condensates before it can be transported, it can increase producers' revenues because they can sell those removed products. Oil and gas exploration encompasses the processes and methods involved in locating potential sites for oil and gas drilling and extraction.

The Oil and Gas Industry in Energy Transitions

Who is it for? As an introductory document to the fundamentals of upstream environmental management, this report will benefit:. If you wish to obtain hard copies, please contact info ipieca.

The oil and gas industry is facing increasing demands to clarify the implications of energy transitions for their operations and business models, and to explain the contributions that they can make to reducing greenhouse gas emissions and to achieving the goals of the Paris Agreement. The increasing social and environmental pressures on many oil and gas companies raise complex questions about the role of these fuels in a changing energy economy, and the position of these companies in the societies in which they operate.

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Event Materials 17th U.S. - China Oil and Gas Industry Forum

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