Oil and gas is a
prerequisite energy sources to keep the whole world running. Besides,
global economy, one or the other way is largely influenced by these
reserves. Every nation of the world makes its best to boost up their
oil and gas production. In this run, Russia holds the topmost
position in producing the largest amount of oil and gas in the whole
world. Whereas U.S is the biggest oil consumer in the world, with
china becoming the second –largest consumer!
Over and above, there
exists huge investment opportunities in oil and gas companies with
several benefits such as huge returns, beneficial tax reform laws,
intangible drilling cost and so on.
Let’s have a look
through global oil and gas status.
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