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The oil and gas industry is the sector of the economy that is responsible for the exploration, extraction, refinement, and distribution of fossil fuels, including oil and natural gas. It includes a wide range of companies and organizations that are involved in activities such as drilling, pumping, processing, and transportation, as well as the development of new technologies and methods for extracting and using these resources. The oil and gas industry plays a critical role in meeting the world’s energy needs and is a major contributor to the global economy.