Oil & Gas Industry Dynamics

Oil & gas
industry Dynamics

INTRODUCTION
 This report is based upon the oil
and gas industry and its main
aim is to understanding the
strategy which is used by the oil
and gas industry.
 The presentation also critically
reflect on the causes of this
structural change and why OPEC
measures taken in order to
defend oil prices.

Continued...
 Three things are happing price which are additional barrels of
unconventional oil, technology constraints and shale gas.
 Thus, it shows that there is a need to change the old structure and
adopt new technologies, collaboration, pace and accountability in
order to meet the demand for next generation as well.
 Apart from this, it I also realised that in order to control the prices of
oil a gas industry, OPEC also takes different measures such as stable
oil prices, an effective and regular supply of petroleum to consuming
countries and even a fair returns of investment as well.
 But it is also critically evaluated that OPEC measures are not
successful in order to prevent oil and gas prices such that it raise the
world market prices sharply without reducing the prices of oil.
 OPEC has the three basic goals that are keep stable price, reduces oil
price and last is adjust world oil supply.