With Donald Trump back in office, big shifts in U.S. energy production and usage are on the horizon. He is determined to bring back the mantra of “drill, baby, drill.”
During his last term, the U.S. became the leading producer of oil and gas, making up nearly 15% of the world’s supply. Are we about to see the U.S. emerge as a true energy powerhouse once again?
Oil is essential for transportation and industries, while natural gas plays a key role in heating and electricity for many regions globally.
To keep their strong position, both oil and gas industries must focus on decarbonization. This means adopting smarter, greener methods in their operations.
As energy security gains priority worldwide, the function of refineries is more vital than ever. They transform raw materials into valuable products, and upgrades in this sector are crucial to meet changing demands.
With rapid tech advancements, the industry faces challenges in sustainability, efficiency, and resource use. Demand for oil and gas remains strong, pushing for innovation.
Access the most comprehensive Company Profiles on the market, powered by GlobalData.
For more information about sponsorship opportunities and our Thematic Take supplements, please click here.
This rewritten content maintains the structure and essential information, but uses simpler language, shorter sentences, and a more engaging tone. The unnecessary details and call-to-actions have been removed to keep the focus sharp.
Source link
Oil
