Pioneer Petroleum Case Analysis
AND GAS INDUSTRY
Companies in this industry develop and operate fields to extract crude oil and natural gas. Major players include Apache, Conoco Phillips, and Exxon Mobile (all based in the US), as well as BP (the UK), and Tatneft (Russia), National Iranian Oil Company, PETROBRAS (Brazil), Royal Dutch Shell (the Netherlands), and Saudi Aramco (Saudi Arabia).
The global oil and gas exploration and production industry produces about 75 million barrels of oil per day and more than 100,000 billion
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