The oil and gas industry is a highly competitive and capital-intensive sector, and breaking into it can be a challenging task for new companies and investors. This industry is dominated by a few large players, and the barriers to entry are...
Read MoreCooling degree days (CDD) is a metric used to measure the demand for energy for cooling. It is calculated by subtracting the daily average temperature from a base temperature, usually 65 degrees Fahrenheit. The resulting value is then used to...
Read MoreWhen discussing oil reserves, it is important to understand the distinction between proven and unproven reserves. While both types of reserves refer to the amount of oil that is believed to be present in a certain area, there is a significant...
Read MoreDebt-to-equity (D/E) ratio is a financial metric used to measure a company's financial leverage, or the extent to which a company is using debt to finance its operations. It is a commonly used ratio in the oil and gas industry to evaluate the...
Read MoreCrude oil is a vital commodity that is used to produce a wide range of products, including gasoline, diesel, and jet fuel. However, not all crude oil is the same. Brent crude and West Texas Intermediate (WTI) are two of the most widely used...
Read MoreThe global financial crisis of 2008 had a profound impact on the economy and various industries. One of the sectors that were heavily affected was the oil and gas industry. The crisis, which was triggered by the collapse of the housing market and...
Read MoreThe oil and gas industry is one of the most significant sectors of the global economy, with a long history of providing energy to power homes, businesses, and transportation. The sector has a significant impact on the economy, both through its...
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