petroleum industry

Crude oil business

The petroleum industry encompasses all commercial activities related to crude oil and natural gas—extraction, refining, transportation, and distribution.

It includes upstream operations (exploration and drilling), midstream (pipelines and storage), and downstream (refineries and retail).

The petroleum industry dominates the global energy sector.

Often called the oil industry or oil and gas industry.

Related

barrel of oil · offshore drilling · oil rig · oil exploration · oil reserves · peak oil · black gold · oil spills · tar sands · tankers · oil companies · big oil · fracking · petrodollar · Seven Sisters · oil baron · shale oil · natural gas

Categories
Opposites
energy source type

petroleum industryrenewables

Replenishing energy sources

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

environmental impact

petroleum industryclean energy

Power from sustainable sources

environmental restoration · green technology · green economy · circular economy · ecological preservation

economic philosophy

petroleum industrygreen economy

Environmentally conscious market system

subsistence economy

Family

industry, petrol, industrial, petroleum, industries, industrialist, industrialized, industrialization, industrialize

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Concrete · Rated G