Video: Introduction to the Integrated Oil & Gas Industry

The Integrated Oil Gas industry encompasses companies that are involved in multiple stages of the oil and gas value chain, including exploration, production, refining, transportation, and marketing of petroleum and natural gas products. These companies operate globally and are often large, multinational corporations with extensive resources and capabilities. Integrated oil and gas firms typically engage in upstream activities (exploration and production), midstream activities (transportation and storage), and downstream activities (refining and distribution), providing a steady supply of energy products to various markets. Their diversified operations help mitigate risks associated with fluctuations in oil and gas prices, making them more resilient to market volatility. Key players in this industry are known for their significant contributions to global energy supply, technological advancements, and economic impact.