Global Oil & Gas Industry Guide 2013-2017 & 2018-2022 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 24, 2018--The “Oil & Gas Global Industry Guide 2013-2022” report has been added to ResearchAndMarkets.com’s offering.
Global Oil & Gas industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the global oil & gas market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.
Key HighlightsThe oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the hub price of crude oil. The value of the gas segment is calculated as the total volume of dry natural gas consumed multiplied by the price of natural gas (Henry Hub spot price). The values represent the total revenues available to exploration and production companies from sales of crude oil and natural gas. Any currency conversions used in this report have been calculated using constant 2017 annual average exchange rates. The global oil & gas market had total revenues of $1,977,380.6m in 2017, representing a compound annual rate of change (CARC) of -13.2% between 2013 and 2017. The crude oil segment was the market’s most lucrative in 2017, with total revenues of $1,627,754.2m, equivalent to 82.3% of the market’s overall value. The popularity of natural gas is growing in a number of countries across the globe and especially in the Asia-Pacific region. India, Pakistan, South Korea and Malaysia being are some of the countries that have announced the establishment of new liquefied natural gas (LNG) terminals in their countries in the coming years. Meanwhile Russia and Germany are on the verge of being connected by another natural gas pipeline, namely the Nord Stream 2 pipeline. This too will boost growth in the natural gas segment of the global oil and gas market.
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INDUSTRY KEYWORD: ENERGY OIL/GAS
SOURCE: Research and Markets
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PUB: 09/24/2018 03:41 PM/DISC: 09/24/2018 03:41 PM