Chinese Oil and Gas Industry Overview Although the Chinese oil and gas industry has been witnessing positive growth over the past few years, the COVID-19 pandemic has shattered oil demand and caused excessive revenue changes in the sector. Besides low demand and lower...
Oil and Gas Industry Overview Over the past few years, the prices of crude oil and natural gas have fluctuated fiercely despite steady growth in production, and this has caused excessive revenue changes in the oil and gas industry. Besides, shortage of petroleum and...
The current landscape in the oil and gas sector is pressurizing players in the industry to re-evaluate their operations. Furthermore, oil and gas companies are also driven by cost-containment and sustainability challenges. To deliver and maintain a superior level of...
The growth of oil and gas supply chain companies has been showing a trend of steady decline over the past couple of years. As the supply chain spending by operators has been cut back due to crumbling crude prices, the Oil Field Services and Equipment companies (OFSE)...
Over the past decade, the oil and gas industry has experienced numerous shifts and fluctuations, along with extreme volatility in oil and gas prices. A combination of erratic commodity price fluctuations, ambiguity about the future of fossil fuels, and increasingly...
The oil and gas companies operate within complex national and global frameworks. Although expansion into new geographies such as ultra-deepwater drilling is opening up new avenues for revenue growth, it is also simultaneously increasing the complexity and risk of...
Owing to the rise in global demand along with the volatility of prices and stringency of environmental guidelines, oil and gas companies face three main challenges - cost reduction, performance optimization, and improvements in environmental footprint. Technological...
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