Oil and Gas
- Source: Crude oil, commonly referred to as petroleum, is a fossil fuel formed from the remains of ancient marine organisms. It is typically found underground in reservoirs.
- Extraction: Oil is extracted from the ground through drilling wells, and then it’s refined to produce various products.
- Refining: Crude oil is refined in oil refineries to produce products such as gasoline, diesel, jet fuel, lubricants, and petrochemicals.
- Use: Oil is primarily used as a fuel for transportation (vehicles, airplanes, ships) and as a raw material for the petrochemical industry to produce plastics, chemicals, and various products.
Key points and issues related to oil and gas: