Do people say that refining oil is more profitable or that oil extraction is more profitable?
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I majored in chemistry and I want to pursue a master’s degree. I’m currently considering whether to apply for a program in petrochemical engineering or one in petroleum engineering. What do you think – which of these two fields offers better job prospects? Which one offers better benefits? Can someone with a degree in chemistry pursue a master’s degree in petroleum engineering? I want to study the field of \"oil field development\" in petroleum engineering. Is this closely related to chemistry? Thank you so much! ! ! !
Of course one should study petroleum engineering; the undergraduate positions in this field at Shandong University of Petroleum are almost all filled by students in their third year. However, one must be prepared to endure hardships, as field work is quite demanding.
Oil extraction is profitable. In the first half of the year, the oil refining industry suffered heavy losses due to market factors.
I think oil extraction is more profitable, but work in the field is definitely harder by comparison. Haha, if you went to the Middle East to drill for oil, you’d probably make so much money that you wouldn’t know what to do with it.
I think the person who posted this question is someone who is about to take the postgraduate entrance exam; this question is unnecessary. First of all, you’re not the boss yourself, so the money earned doesn’t really concern you – if the boss makes a lot of money but doesn’t pay his employees, there’s nothing you can do about it. Secondly, in the oil industry (in China), conditions are more or less the same: people won’t go hungry, but they won’t get extremely rich either, unless you hold a leadership position, as the income in that case is fixed. Third, the type of master’s program you pursue has little to do with which company you join, whereas your income (which is mostly informal income) is highly related to which company you join. Also, most jobs in the oil industry are very tough, and the chances of staying in big cities are slim, unless you have connections. These are my opinions for your reference.
Petroleum engineering is the most profitable, but there’s no time to be with wife and kids at home.:lol
Where I am, oil extraction is much more profitable than oil refining, but who knows what will happen in a few years!
In its current form, oil extraction is certainly profitable, but that may not be the case in a few years.
Neither refining nor oil extraction is profitable; only oil companies make money
Oil extraction is profitable. In China, the refining operations of Sinopec and CNPC are loss-making; any profits generated by these two companies come from their oil fields
There’s no need to discuss this; under the current domestic pricing system, oil extraction is certainly the most profitable option