| Summary: | This paper analyzes and presents oil and gas production, exports and imports as critical business
operations in globalization and internationalization in a shape of an analytical approach. The
research methodology began with a literature review to the research topic then there was a focus on
data analysis and description by creating a business model and framework that illustrates the
connection and the trajectory between the oil and gas industry and business internationalization.
The main research question is “Are oil and gas production, exports and imports critical business
internationalization operations?” Some of the results showed that the business internationalization
strategy needs to meet the criteria and regulations of the oil and gas business from the country of
origin to the country of destination. In conclusion, oil and gas remain powerful energy sources
compared to renewables due to the beneficial use. There is always a huge connection between the
oil and gas industry and the oil and gas business internationalization operation since production,
exports and imports are important driving factors in international trade, business
internationalization and globalization.
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