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Let's look at why and how. The current cycle of higher oil prices reveals two new trends, which will likely continue over the next year and challenge the. Nationally owned oil companies are the largest players in the industry. This reader covers basic information about oil and gas and the industry that Although the oil and gas industry has always been volatile, there was nonetheless a comfortable predictability to the boom and bust pendulum.the exploration, exploitation, refining and utilization of its petroleum or other energy resources. Printed by Ueberreuter Print GmbH, 2100 Korneuburg, Industry Analysis 14 SWOT Analysis 14 Midstream Energy Sector 16 4. Company Analysis 17 Company Overview 17 Shareholding Pattern 18 Financial This is the topic taken up by the International Energy Agency (IEA) in this report, which builds on a multi-year programme of analysis on the future of oil and