USD 72.5602

+0.13

EUR 85.4614

+0.1

BRENT 75.31

+0.04

AI-92 46.28

0

AI-95 50.25

-0.01

AI-98 57.95

0

Diesel 50.08

0

Oil and gas industry

A D E F L M O U

The project will be a major step for the Russian LNG market. In 2018 Russia was responsible for 8% of the global LNG market; the country aim to increase that to 20% by 2035.

The final sector of the oil and natural gas industry is known as downstream. This includes everything involved in turning crude oil and natural gas into thousands of finished products we depend on every day.

Its the process that includes searching and extracting oil and natural gas under water or underground

Its the controlled burning natural gas during oil & gas exploration and production activities

Liquefied natural gas (LNG) is natural gas that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport.

Its a term used to describe one of the three major stages of oil & gas industry operations

Its a hole dug into the Earth that serves the purpose of bringing oil or other hydrocarbons - such as natural gas - to the surface

This segment is also known as the exploration and production (E&P) sector