Oil and Gas - One of the Hardest Hit Industries by COVID-19 | Comprehensive Industry Analysis and Forecast 2020-2023

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Jul 20, 2020, 11:45 ET

DUBLIN, July 20, 2020 /PRNewswire/ -- The "Global Oil and Gas Industry 2020 - A Complete Analysis" report has been added to ResearchAndMarkets.com's offering.

The ongoing COVID-19 pandemic has hit each and every industry hard, but perhaps the one industry which has taken the biggest hit is the global oil and gas industry. The spread of this virus has forced many oil and gas companies to either stop or slow down their physical operations, which has impacted production in both upstream and downstream operations.

Perhaps the biggest and most significant impact of the coronavirus pandemic on the downstream oil market has been the price crash of crude oil within a short time. Consider this, on January 1, 2020, the price of a barrel of crude oil was being sold for $67.05 on the NASDAQ exchange in New York. By March 15, 2020, this price had crashed down to $30.00 a barrel. Oil majors have taken a major hit - BP's market cap today is just 51% of what it was at the start of 2020.

Players in the oil and gas sectors are struggling with declining demand, ensuring employee safety and business stability, oil price war, and need to focus on building a flexible business model that can lead to long-term resilience as the world comes out of the coronavirus crisis.

The report provides a much-needed insight into the following:

An analysis of the global oil and gas sector with a close look at the impact of the coronavirus pandemic on the industry. Industry statistics, market value and volume analysis, and industry segmentation are included.
Porter's Five Forces Analysis of the global oil and gas industry that looks at the competitive forces affecting the industry. Bargaining power of buyers and suppliers, competitive rivalry in the industry, and the threat of new entrants and industry substitution is analyzed.
Region-wise analysis of the global oil and gas industry that includes market overview, market value and volume analysis, industry segmentation, industry forecast, and the impact of the COVID-19 pandemic on these regions. Regions analyzed include:

Asia-Pacific
Europe
Middle East
North America
South America

An analysis of the top 50 oil and gas markets through a market overview, analysis of oil and other liquids in the country, analysis of the natural gas sector, a look at the market value and volume, industry segmentation, and an industry forecast. Markets analyzed in the report include:

Argentina
Australia
Austria
Belgium
Brazil
Canada
Chile
China
Colombia
Czech Republic
Denmark
Egypt
Finland
France
Germany
Greece
Hong Kong
India
Indonesia
Ireland
Israel
Italy
Japan
Kazakhstan
Malaysia
Mexico
Netherlands
New Zealand
Nigeria
Norway
Pakistan
Philippines
Poland
Portugal
Russia
Saudi Arabia
Singapore
South Africa
South Korea
Spain
Sweden
Switzerland
Taiwan
Thailand
Turkey
United Arab Emirates
United Kingdom
United States
Venezuela
Vietnam

A forecast of the global oil and gas industry up to 2023
An in-depth analysis of the major players in the global oil and gas industry through a company overview, an analysis of their business segment, a financial analysis, and SWOT analysis. Total 99 industry players are analyzed in the report.

As the global oil and gas industry continues to understand the overall effect of the coronavirus pandemic on oil demand and what the future holds, dealing with lower product demand and coming to terms with the fall in prices is a stark reality facing many companies in the coming months. This insightful research is a stepping stone for investors, researchers, and analysts worldwide to get a closer look at the global oil and gas industry 2020.

Companies Mentioned

Abu Dhabi National Oil Company
Bharat Petroleum Corporation Limited
BHP Billiton Limited
BP plc
Cenovus Energy Inc.
Centrica plc
Chevron Corporation
China National Petroleum Corporation (CNPC)
CNOOC Limited
Compania Espanola de Petroleos S.A. (CEPSA)
ConocoPhillips
Cosmo Oil Co., Ltd.
CPC Corporation, Taiwan
Delek Energy Systems Ltd.
Dubai Petroleum
Ecopetrol S.A.
Egyptian General Petroleum Corporation (EGPC)
Empresa Nacional del Petroleo SA
Empresas Copec S.A.
Eni S.p.A
Exxon Mobil Corporation
Formosa Petrochemical Corporation
Galp Energia SGPS, S.A.
Gas Natural Fenosa
GasTerra B.V.
Gasum Oy
GDF Suez SA
Grupa Lotos SA
GS Caltex Corporation
Hellenic Petroleum S.A.
Hindustan Petroleum Corp
Husky Energy Inc
Idemitsu Kosan Co., Ltd.
Imperial Oil Limited
Indian Oil Corporation Limited
International Petroleum Investment Company PJSC
JSOC Bashneft
JX Holdings, Inc.
Korea Gas Corporation
Lundin Petroleum AB
Maersk Oil and Gas A/S
Mercuria Energy Group Ltd
Mitsui Oil Exploration Co., Ltd.
Motor Oil (Hellas) Corinth Refineries S.A.
Murphy Oil Corporation
National Iranian Oil Company
Neste Oyj
Nexen Energy ULC
Nigerian National Petroleum Corporation
Noble Energy
OAO Gazprom
OAO Lukoil
Oil Refineries Ltd
Oilinvest (Netherlands) B.V.
OJSC Rosneft Oil Company
OMV Group
Pacific Exploration and Production Corporation
Pakistan Petroleum Limited
Partex Oil and Gas Holdings Corporation
Petro SA
Petrobras Argentina S.A.
Petroceltic International PLC
PetroChina Company Limited
Petroleo Brasileiro S.A. (Petrobras)
Petroleos Mexicanos (PEMEX)
Petroliam Nasional Berhad (PETRONAS)
Petron Corporation
Philippine National Oil Company
Phoenix Petroleum Philippines, Inc.
Polish Oil and Gas Company (PGNiG SA)
Polski Koncern Naftowy ORLEN SA
Preem AB
PT Pertamina (Persero)
PTT Public Company Limited
Reliance Industries Limited
Repsol, S.A
Rohol-Aufsuchungs Aktiengesellschaft
Royal Dutch Shell plc
RWE AG
Saras S.p.A.
Sasol Limited
Saudi Aramco
SEAOIL Philippines, Inc.
Showa Shell Sekiyu
Singapore Petroleum Company Limited
SK Innovation Co., Ltd.
S-Oil Corporation
Statoil ASA
Suncor Energy Inc
Todd Energy
TOTAL S.A.
Trafigura Group PTE
Tupras (Turkish Petroleum Refineries Co)
Turkiye Petrolleri Anonim Ortakligi
Unipetrol a.s
Valero Energy Corporation
Vitol Group
Wintershall Holding GmbH
YPF SA

For more information about this report visit https://www.researchandmarkets.com/r/upw39c

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