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What is the future of oil and gas industry in the coming5 years? Will there a significant shift in new entrants like Australia who are spending billions in exploration? How bad or good is it for either top players like Russia, US and OPEC NATIONS.
oil and gas industry---till it is #fossil_Fuel then one day it is goin to be end unless humans could lead to find out other ways..
future of oil and gas industry will be very weak due to the lack of availability and purity, it will be shifted to solar energy recently, sure/
The future , is great. And exciting.
The future is promising for nations having oil and gas reservoirs since peak oil has been reached. economies will need the cash flow to start investing in alternate environmenatlly sustainable sources such as gas, solar, wind , and hydropower. Overall the arrival of countries like Australia is good for the E&P businesses since such land extensions require large seismic aqcquisition and exploratory drilling.
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