Oil and gas refer to the hydrocarbon resources that are extracted from the earth for use as energy sources. Oil is a liquid fossil fuel that is commonly used for transportation and heating, while natural gas is a gaseous fossil fuel that is used primarily for heating and electricity generation.
The oil and gas industry plays a significant role in the global economy, as it supplies a large portion of the world’s energy needs. However, it also has environmental impacts, such as air and water pollution, habitat destruction, and greenhouse gas emissions.
The process of extracting oil and gas involves exploration, drilling, production, and transportation.