Why oil and gas industry is important


Oil is the lifeblood of developed countries. Since the mid-1950s, oil has been the world's most important source of energy. Its products are essential to modern life, providing energy to power industry, heat homes, and fuel for vehicles and planes that transport goods and people around the world.



In fact, oil meets 97 percent of the transport sector's demand in the United Kingdom. It also enhances our lives by being necessary for the manufacturing of numerous common necessities.



 


    Related Conference of Why oil and gas industry is important

    December 01-02, 2025

    15th International Conference on Oil and Gas

    Rome, Italy

    Why oil and gas industry is important Conference Speakers