oil and gas industries
The oil and gas industries are sectors that focus on the exploration, extraction, refining, and distribution of petroleum and natural gas. These resources are crucial for producing energy, fueling vehicles, and manufacturing various products, such as plastics and chemicals. Companies in this industry operate in various environments, including offshore drilling platforms and onshore oil fields.
The industry is divided into three main segments: upstream, midstream, and downstream. The upstream segment involves exploration and production, while the midstream focuses on transportation and storage. The downstream segment includes refining and selling petroleum products to consumers and businesses.