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Petroleum's status as a key component of politics, society, and technology has its roots in the coal and kerosene industry of the late nineteenth century. One of the earliest instances of this is the refining of paraffin from crude oil.
In 2015, due to a downturn in the global oil and gas industry, Schlumberger announced 21,000 layoffs accounting for 15% of the company's total workforce. [ 37 ] In 2015, Schlumberger agreed to acquire oilfield equipment manufacturer Cameron International for $14.8 billion.
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products.
Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile.
1 Απρ 2020 · The oil world has seen many shocks over the years, but none has hit the industry with quite the ferocity we are witnessing today. As markets, companies and entire economies reel from the effects of the global crisis caused by the coronavirus (COVID-19) pandemic, oil prices have crumbled.
Husky is advancing the liquids-rich BD field offshore Indonesia, along with three additional shallow water fields. [2] Husky has a portfolio of oil sands leases, encompassing 2,500 square kilometres in the Fort McMurray region of northern Alberta.
18 Ιαν 2018 · Between mid-2014 and early 2016, the global economy faced one of the largest oil price declines in modern history. The 70 percent price drop during that period was one of the three biggest declines since World War II, and the longest lasting since the supply-driven collapse of 1986. Real oil prices.
