The oil and gas industry has a history of thousands of years. Refined petroleum has been used in one form or another. But over the last two centuries the use of petroleum and natural gas, as a primary energy source all over the world has created a multi-billion dollar industry on the planet.
Some countries like Saudi Arabia, USA, Russia, Iraq, Iran, and Canada among others have high reserves of oil and gas and the technologies used in this industry are constantly evolving to make it more efficient and environmentally friendly. The oil industry includes exploration, extraction, refining, and transportation of oil and gas industry products to customers. These days there are lot of smart technologies being used for oilfields.
Union Jack Oil plc (LON:UJO) is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector listed on the London Stock Exchange AIM market
