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Petroleum industry

technology Maturity 13-18 Next article →

Oil is a liquid found in rock. It forms over millions of years. Tiny sea life called plankton died long ago. Their remains sank into the mud. Heat and pressure turned them into oil.

Korna natural oil seep 1
Korna natural oil seep 1

Many people call this the petroleum industry. It has three main parts. First is upstream. This part finds and pulls oil from the ground. Next is midstream. This part moves and stores the oil. Finally, downstream turns oil into products.

Petroleum industry
Petroleum industry

We use oil for many things. It makes gasoline for cars. It also makes fuel for planes. We use it to make plastics and soaps. Even some medicines come from oil.

Oil Reserves
Oil Reserves

Workers find oil in many ways. They can drill in the ground. They can also drill in the ocean. Some machines work far out at sea. These are called offshore platforms.

Oil is very important to the world. Many nations need it to run. It is a very big business. In 2022, the industry made a lot of money.

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🖼️ Images & Media (13)
Petroleum industry.webp
File:Oil Reserves.png
Oil Reserves.png
File:2024 Countries with largest proven crude oil reserves.svg
2024 Countries with largest proven crude...
File:Oil Field Baku 1926.jpg
Oil Field Baku 1926.jpg
File:Korna natural oil seep 1.JPG
Korna natural oil seep 1.JPG
File:Oil wells in Boryslav.jpg
Oil wells in Boryslav.jpg
File:Galicja1881.jpg
Galicja1881.jpg
File:2008- Oil and gas industry global net income - IEA.svg
2008- Oil and gas industry global net...
File:2007- Profits of energy companies (annual) - stacked bar chart.svg
2007- Profits of energy companies...
File:World Oil Production.png
World Oil Production.png
File:Risers going below a offshore oil platform.jpg
Risers going below a offshore oil platform.jpg
File:Active North American Oil Wells.png
Active North American Oil Wells.png

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