Hydrocarbon exploration is the search by petroleum geologists and geophysicists for deposits of hydrocarbons, particularly petroleum and natural gas, in the Earth's crust using petroleum geology.
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation, and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products.
China Petroleum & Chemical Corporation (中国石油化工股份有限公司), or Sinopec, is a Chinese oil and gas enterprise based in Beijing. It is listed in Hong Kong and also trades in Shanghai.
The oil and gas industry is usually divided into three major sectors: upstream, midstream and downstream. The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the surface.
Petroleum production in Canada is a major industry which is important to the economy of North America. Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer and fourth largest oil exporter. In 2019 it produced an average of 750,000 cubic metres per day (4.7 Mbbl/d) of crude oil and equivalent. Of that amount, 64% was upgraded from unconventional oil sands, and the remainder light crude oil, heavy crude oil and natural-gas condensate. Most of the Canadian petroleum production is exported, approximately 600,000 cubic metres per day (3.8 Mbbl/d) in 2019, with 98% of the exports going to the United States. Canada is by far the largest single source of oil imports to the United States, providing 43% of US crude oil imports in 2015.
The oil and gas industry is usually divided into three major components: upstream, midstream and downstream. The midstream sector involves the transportation, storage, and wholesale marketing of crude or refined petroleum products. Pipelines and other transport systems can be used to move crude oil from production sites to refineries and deliver the various refined products to downstream distributors. Natural gas pipeline networks aggregate gas from natural gas purification plants and deliver it to downstream customers, such as local utilities.
The Oklahoma Corporation Commission is the public utilities commission of the U.S state of Oklahoma run by three statewide elected commissioners. Authorized to employ more than 400 employees, it regulates oil and gas drilling, utilities and telephone companies.
The petroleum industry in Azerbaijan produces about 873,260 barrels (138,837 m3) of oil per day and 29 billion cubic meters of gas per year as of 2013. Azerbaijan is one of the birthplaces of the oil industry.
Southwest Petroleum University is a Chinese university founded in Nanchong, Sichuan in 1958. It is a public university of Chinese state under the Double First Class University Plan.
The Gubkin Russian State University of Oil and Gas is a public university in Moscow, Russia. The university was founded in 1930 and is named after the geologist Ivan Gubkin. The university is colloquially known as Kerosinka, meaning 'kerosene stove'.
The petroleum industry of Ghana is regulated by the state-owned Ghana National Petroleum Corporation (GNPC) and administered by the state-owned Ghana Oil Company (GOIL).
The impact of the petroleum industry has been increasing globally as China ranks seventh for oil production and second in crude oil consumption in the world.
Petroleum has been a major industry in the United States since shortly after the oil discovery in the Oil Creek area of Titusville, Pennsylvania, in 1859. The industry includes exploration, production, processing (refining), transportation, and marketing of natural gas and petroleum products. In 2018, the U.S. became the world's largest crude oil producer, producing 15% of global crude oil, surpassing Russia and Saudi Arabia. The leading oil-producing area in the United States in 2019 was Texas, followed by the offshore federal zone of the Gulf of Mexico, North Dakota and New Mexico. In 2020, the top five U.S. oil-producing states were Texas (43%), North Dakota (10.4%), New Mexico (9.2%), Oklahoma (4.1%), and Colorado (4.0%).
The petroleum industry in Western Australia is the largest contributor to the country's petroleum exports. Western Australia's North West Shelf (NWS) is the primary location from which production originates. Oil exports are shipped from Port Hedland.
The oil and gas industry in New Zealand explores and develops oil and gas fields, and produces and distributes petroleum products and natural gas.
Türkmennebit, also known by the translation of the name as Turkmenoil or Turkmenneft, is the national oil company of Turkmenistan. It was established by a presidential decree reorganising parts of the former Ministry of Oil and Gas in July 1996, and has its headquarters in Ashgabat. The chairman of the company is Guychgeldi Baygeldiyev. The main oil fields operated by Türkmennebit are Goturdepe, Barsa-gelmez, Nebitdag, Körpeje, Gamyşlyja, Çeleken and Kemer, mainly in Balkan Province near the Caspian Sea.
The Directorate General of Hydrocarbon (DGH) is the Indian governmental regulatory body under the Ministry of Petroleum and Natural Gas.
Zhao Wenzhi is a Chinese petroleum geologist and explorer who has made contributions to the theories and discoveries of lithology-related hydrocarbon accumulations with large scale, natural gas relaying generation in high to over mature geothermal evolutional stage, Jurassic coal measure-derived hydrocarbon reservoirs, and sag-wide oil-bearing distribution, etc. He is an academician of the Chinese Academy of Engineering. He is the President of PetroChina Research Institute of Petroleum Exploration and Development (RIPED), and Deputy General Manager of PetroChina Exploration & Production Company. Zhao was voted one of China's top 35 scientists in 2007 and ranked 14.
Sergo OrdzhonikidzeRussian State University for Geological Prospecting, or the Russian State University for Geological Prospecting is named after Sergo Ordzhonikidze and previously known as the Moscow Geological Prospecting Institute, is a public university based in Moscow, Russia, specialising in geology, geophysics, gemmology, ecology and other earth-science disciplines.
Ukhta State Technical University is a representative of Russian oil and gas universities and a technical higher education institution of the European North of Russia. The University was founded on the basis of the Ukhta Industrial Institute. By this time, more than 25000 engineers and economists had graduated in oil, geology, building, and timber industry majors. After the successful attestation on April 14, 1999, the Institute was granted a status of a State Technical University.
