2019 Energy, Chemicals, Oil and Gas Forecast

A Gloomy Outlook for the Oil and Gas Industry this 2019


Digging Deeper to the Oil Reserves: What’s In-Store for Oil and Gas this 2019? Is it a gloomy 2019 energy outlook? 

It is undeniable that the oil and gas industry has faced major setbacks in the recent years brought by various crises affecting the world economy and policies that created a large impact on production and trading. And so, many companies and organizations are looking forward this year as a starting point to rebalance the market.

Despite the setbacks faced by the industry, there is still room for expectations this coming 2019. It is inevitable that the industry will eventually come back to its former glory, thus, all should watch out for possible trends that would come forth once the oil and gas industry recovers.

Industries shifting to natural gas is noteworthy as companies are adopting environmental-friendly operations to boost their portfolio, shying away from coal as their fuel. Organizations such as the Organization of Petroleum Exporting Countries (OPEC) and Gulf Petrochemicals and Chemicals Association (GCPA) are taking steps to keep up with the global demands and hit their goals while maintaining favorable prices.

Meanwhile, all industry participants are pressured today as oil and gas supply could potentially crunch while prices keep on plunging. Technological transformation is also rapidly taking place in the chemical and oil & gas industry as companies seek more ways to speed up production and make decision-making better.

In this feature, we will unveil the trends that will take over the oil and gas sector come year 2019 and we will provide a forecast on how these things will make an impact on every industry. We will be giving insights about the latest applications and mechanisms that will be introduced or will be reaching a wider scope.

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I bet you that this forecast will leave a feeling of excitement and anticipation for the year 2019. And as a bonus for this month’s release, we are to give you a peek featuring different facets of the life of an engineer—starring hard facts in the professional work environment, life hacks and useful leadership guide.

You wouldn’t also want to miss the top websites to visit for your daily engineering grind. Moreover, relate and correct common engineering mistakes in writing an effective resume/CV so that you’ll be able to finally land on that dream job. Get ready as well to learn the secrets of workplace coaching and its benefits for a better and more proactive leaders inside your firm.

All of that and more from this issue. Cheers to you, engineer!

 

2019 Energy Outlook in the Middle East

2019 Energy Outlook in Dubai

2019 Energy Outlook in Asia Pacific

2019 Energy Outlook in the Philippines

2019 Energy Outlook in Australia

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2019 Energy, Chemicals, Oil and Gas Forecast

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