The oil and gas industry is known for its profitability and has been a significant driver of economic growth and development worldwide. Several key factors contribute to the industry’s profitability and financial success. Global Demand and Limited Supply: Oil...
For years, the oil industry has been a lucrative one. It’s a trillion-dollar industry, and although it has been mired in controversy for a variety of reasons, oil is a necessary aspect of our everyday lives as humans. And, being involved in the industry as closely as...
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...