oil industry

Fossil fuel sector

The oil industry encompasses the businesses involved in extracting, refining, transporting, and selling petroleum and its derivatives.

This includes exploration companies, drilling operations, refineries, pipelines, and gas stations.

The oil industry has shaped Middle Eastern politics for a century.

Also called the petroleum industry or, informally, Big Oil when emphasizing its political and economic power.

Related
  • refineryIndustrial purification facility
  • crude oilUnrefined fossil fuel
  • drillingHole-making by rotation
  • oil rigOffshore petroleum extraction structure
  • OPECPetroleum exporters' coalition

horizontal drilling · pipeline · tanker · big oil · carbon footprint · petroleum · fossil fuels · hydrocarbons · wellhead · barrel · petrodollar · reservoir · petrochemicals · derrick · pump jack · fracking · oil patch · gasoline

Categories
Opposites
energy source type

oil industrygreen energy

Environmentally sustainable electricity

solar power · wind energy · hydroelectric power · geothermal energy · nuclear power industry

environmental impact

oil industryclean energy

Power from sustainable sources

economic model

oil industrycircular economy

Regenerative resource management model

sustainable agriculture · service economy

Family

oily, industry, oiled, oils, industrial, oiling, industries, industrialist, oiliness

Familiarity
Top 100,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G