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Oil & Gas

Crude oil and natural gas remain indispensable to global energy systems and industrial value chains. Refined fuels—gasoline, diesel, and jet fuel—power land, air, and sea transport, sustaining modern logistics and mobility, while natural gas provides efficient, dispatchable electricity and thermal energy for residential, commercial, and industrial use. Critically, petroleum refining also yields essential petrochemical feedstocks for plastics, lubricants, bitumen, solvents, and agrochemicals—highlighting the sector’s dual role in energy provision and materials manufacturing.

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