The roots of development; The process of formation of oil and gas industry value chains

The increasing demand for energy and chemicals used in various industries was formed along with the growth of the world population. Since the refinery and petrochemical facilities play a decisive role in processing and converting crude oil and natural gas into important materials, including fuel used in the transportation sector and raw chemicals for industrial… | log in

Guarantor of progress; Investments made in upstream and midstream oil and gas industries

Currently, oil and gas have a significant share of the primary energy basket. Also, these two energy carriers are directly and widely used in various industries. Therefore, investment in exploration and production infrastructure, transportation and storage of oil and gas is of strategic importance. It is estimated that between 2005 and 2023, about $600 billion… | log in

The trend of consumption and demand for natural gas in the world

The trend of natural gas consumption in the world, affected by factors such as economic growth, industrial development and the transition to cleaner energy sources, has increased steadily in the past few decades and according to published reports has reached more than 4 trillion cubic meters in 2021. Since natural gas is increasingly considered as… | log in

Black  Wealth; The background and trends affecting the global oil market

The discovery of oil in the 19th century, the expansion of its applications and demand, and the subsequent emergence of major oil-producing regions, including Middle Eastern countries, led to the formation of a vast market for oil supply around the world. In this regard, organizations such as OPEC, which was formed in the middle of… | log in

Examining the demand trend for oil on a global scale

In the past few decades, with the continued increase in energy consumption, caused by the growth of the world population, industrialization and urbanization, the global demand for oil has increased even more and the expansion of the use of this resource in supplying energy to various sectors, including transportation, buildings, industries, etc., contributed to this… | log in

Arteries of economics; The development process of oil and gas transmission lines in the world

Energy supply is one of the most important issues in the world today. In this regard, crude oil and natural gas transmission pipelines are of special importance. Surveys show that the total length of oil and gas transmission lines in the world is about one million and 828 thousand kilometers, more than three quarters of… | log in

New game; Global crude oil and natural gas industry trends

Since the formation of the waves of the industrial revolution in the world, the activities related to the exploration and extraction of crude oil and natural gas have gained special importance. So far, about 6,857 gas fields and 9,280 oil fields have been registered in different regions of the world (both on land and seas).… | log in

The role of oil and gas in the formation of world economic structures

Oil and gas, as the most common energy carriers in the world, affect the economy of almost all countries in different ways. According to the studies and estimates, in the conditions of the global oil market boom, the countries that are considered oil importers, on average, face cost pressure in consumption and investment as the… | log in