Climate Change and Ecosystem

Oil and Gas

Oil and gas are naturally occurred chemicals that are made up of just two elements Hydrogen and Carbon. Nowadays Oil and natural gas reserves are found in many parts of the world. In the past, demand was low and reserves were easy to find. In fact, the first users of oil depended on surface oil excretion for their supplies. However, as demand has increased, all easily found oils has been used. Today, oil exploration takes place in some of the most challenging places on earth. Now all are surveying for new oil reserves thousands of feet under the ocean and lands. This session explains about Hydrocarbons and Hydrocarbon Reservoir, formation of Oil and Natural Gas, refining of crude oil and its restoring, pipelines for refined oils, natural Gas exploration and production. Oil and Gas Market Size worth $1.99 Billion by 2021 | CAGR: 5.07%. The market size is projected to reach USD 1.99 Billion by 2021, at a CAGR of 5.07% between 2016 and 2021 in oil & gas industry. The increasing demand in the oil & gas industry for non-corrosive and lightweight materials. Also, low maintenance cost of composites are the key drivers of the global market of composites in oil & gas industry.