Apart from the fact that Saudi Aramco is the world’s biggest oil firm, what other interesting facts do you know about the oil giant? No doubts, Aramco as it is popularly called is one of the most notable companies to reckon with as far as the oil industry is concerned. That is why we have listed 11 startling facts about oil giant Saudi Aramco…
One of the world’s largest industries that one can consider to invest in is the oil and gas industry. Known for carrying out exploration, extraction, refining, transporting, distributing and marketing of petroleum products among other functions, the industry is a lucrative one with promising returns on investment for entrepreneurs.
The oil and gas industry is facing a downturn exacerbated by the COVID-19 coronavirus pandemic, but companies in the sector are well-placed to help fight the spread of coronavirus.
When crude oil or natural gas is processed at a refinery, it is converted into numerous petroleum products. In 2017, 75% of the oil was processed into motor gasoline, distillate fuel, and jet fuel but the remainder was processed into chemicals, synthetic rubber and a variety of plastics used to manufacture our creature comforts. Below is a list of…
The term “stream” in the oil and gas sector refers to the location of oil and gas companies in the supply chain. Companies are classified into one of the three major streams: upstream, downstream, and midstream.
Thought you knew everything about the oil and gas sector? Did you know that the word "petroleum" literally translates as "rock oil"? It stems from the Greek word "petra," meaning rock, and the Latin word "oleum," meaning oil.
The various types of engine oil in the market are produced for different purposes and vehicles. To choose the proper type of oil for your vehicle, do not allow price to determine your choice.
Gas and kerosene are natural resources we use to cook our meals on a daily basis. It is important to know how to effectively maximize them in order to save cost. Research has shown that the major reason why gas and kerosene get exhausted earlier than expected in the home is due to certain cooking habits. One can save up to 30% of cooking gas or…
In various households, one form of oil and gas-powered equipment’s, there's a need to know protect yourself, your home, and your wallet from any harm because of any mishap.
The Organisation of the Petroleum Exporting Countries (OPEC) is an international and intergovernmental Organization of 14 countries that are heavily reliant on oil revenues as their main source of income.