Why we will still need oil and gas in the future

Monday, February 29, 2016 - 07:00 in Mathematics & Economics

Worldwide, total oil demand keeps growing. Low prices are fueling this trend. To remain competitive, oil companies need to reduce their production costs. Siemens is supporting their efforts with a comprehensive portfolio of products and services for electrification, compressors and rotating equipment, automation, and digitization along the entire production chain—from oil drilling to processing in refineries.

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