Asian Journal of Research in Banking and Finance
  • Year: 2022
  • Volume: 12
  • Issue: 2

Problems in the oil and gas industry: Solutions and analysis

1Senior Teacher, Tashkent State Technical University, Tashkent City, Uzbekistan

2Senior Teacher, Tashkent State Technical University, Tashkent City, Uzbekistan

Online published on 31 March, 2022.

Abstract

The oil and gas industry is one of the largest sectors in the world in terms of dollar value, generating an estimated $3.3 trillion in revenue annually. This industry is one of the most important indicators in assessing the economy around the world. According to economists, it is expected that in the next decade it will remain such an important sector. In this article you can see some of the problems facing the oil and gas industry and their solutions, as well as a general analysis of the situation.

Keywords

Sectors Of The Economy, Upstream, Midstream, Downstream, Climate Change, Chemical Industry, Petrochemicals, Purpose-Driven, Tech-Enabled, Human-Powered