News Formal

Global Oil & Gas Market Rises To $7bn In 2023

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

The global oil and gas market reportedly grew from $6,989.65 billion in 2022 to $7,330.80 billion in 2023 at a compound annual growth rate (CAGR) of 4.9 per

Oil and Gas extraction is the exploration and production of petroleum and natural gas from wells.

Asia-Pacific was the largest region in the oil and gas market in 2022.North America was the second largest region in the oil and gas market.The regions covered in the oil and gas market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.The main types are oil & gas upstream activities, oil downstream products.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Develop Own Market For Oil, Gas, APPO Charges African CountriesAs the global push for energy transition away from fossil fuels gather momentum, the African Petroleum Organization (APPO) has re-emphasised the need for the
Source: LeadershipNGA - 🏆 4. / 77 Read more »

NIES 2023 Industry Awards: Shell, TechnoOil, Schlumberger, Others Emerge WinnersThe Shell Petroleum Development Company Nigeria Limited, TechnoOil Group, Schlumberger and other international and indigenous oil and gas companies have
Source: LeadershipNGA - 🏆 4. / 77 Read more »