World Oil was founded in 1916 as a magazine providing technical and statistical information for the oil and gas industry. Since then, it has remained committed to delivering insightful and relevant news to industry professionals. The platform is currently owned by Gulf Energy Information, a leading media company that specializes in information products for the energy industry.Headquartered in Houston, Texas, the heart of the energy industry in the United States, World Oil delivers an array of content specifically focused on the oil and gas sector. This includes topics like Drilling and Production, Exploration, Geoscience, Offshore, and Equipment. They also cover news on regulations and policy affecting the industry.One interesting fact: World Oil is known for producing the annual World Oil Forecast, a highly anticipated overview of the oil and gas industry's outlook for the coming year. This includes predictions on drilling, production, and spending, making it a vital resource for professionals in the sector. This initiative reflects World Oil's reputation as a trusted source of information and insights in the oil and gas industry.