The 2020 pandemic had a damaging effect on many businesses. The oil and gas industry was particularly negatively impacted. Energy consumption dramatically decreased, prices dropped, and producers were left with product oversupply. As the world moves past the pandemic,...
Most people barely ever take the time to think about oil, and when they do, they just see it as a basic product used to produce energy. The reality is that oil is used in thousands of applications every day. Here are some surprising facts about where oil comes from...
Oil, also known as petroleum, has been used by mankind for thousands of years. Of course the function and development has progressed over time. The use of coal as a main energy source has slowly been phased out in the 20th century in order to be replaced by petroleum...
