The oil and gas market consists of sales of oil and gas by entities (organizations, sole traders or partnerships) that undertake the exploration for, extraction, drilling, and refining, of oil and gas and some of its derivatives. This market does not include petrochemicals.
The oil and gas market size is expected to reach $1 trillion by 2022, significantly growing at a CAGR of around 4% during the forecast period. Major players in the global oil and gas market include Saudi Aramco, Exxon Mobil Corp., Royal Dutch Shell, BP Plc, Sinopec Limited, Chevron, Total SA, Kuwait Petroleum Corp., LUKOIL PJSC, and PEMEX.
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Factors Driving the Growth of Global Oil And Gas Market:
The growth in the oil and gas market is due global crude oil crisis because of oversupply of crude oil and geo-political factors resulting in a rapid decline in oil and gas prices. However, the market for oil and gas is expected to face certain restraints from several factors such as switch to renewable energy sources, slow growth in china and political instability and extremism.
Detailed Segmentation - By Type:
The oil and gas market is segmented into oil & gas upstream activities and oil downstream activities
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Table Of Content
1. Executive Summary
2. Report Structure
3. Oil And Gas Market Characteristics
4. Oil And Gas Market Product Analysis
5. Oil And Gas Market Supply Chain
6. Oil And Gas Market Customer Information
7. Oil And Gas Market Trends And Strategies
8. Oil And Gas Market Size And Growth
9. Oil And Gas Market Regional Analysis
10. Oil And Gas Market Segmentation
11. Oil And Gas Market Segments
12. Oil And Gas Market Metrics
13. Asia-Pacific Oil And Gas Market
14. Western Europe Oil And Gas Market
15. Eastern Europe Oil And Gas Market
16. North America Oil And Gas Market
17. South America Oil And Gas Market
18. Middle East Oil And Gas Market
19. Africa Oil And Gas Market
20. Oil And Gas Market Competitive Landscape
21. Key Mergers And Acquisitions In The Oil And Gas Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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