Evolution of nanomaterials in petroleum industries: application and the challenges

Due to soaring demand for universal energy, industry forced to look forward in either expand the limit of conventional energy resources or to look at other possibilities such as renewable energy resources and unconventional hydrocarbon resources. The challenges might be figured out by revolutionary technological developments in the energy sector by science and technology. The industry needs splendid technological breakthroughs in the energy sector to push the final frontier of conventional energy resources. Owing to its superior particle size and properties, nanotechnology can likely of moving far that current energy supply by introducing new technologies. The exact exploitation and manipulation of matter at measurements of (1-100) nanometres have revolutionized many sectors, including the petroleum sector. The upgrade in nanoscale organized materials represents one of the fascinating, inventive viewpoints bringing innovative advances in numerous industries. The charge of oil extraction is under heavyweight, and it becomes increasingly difficult to legitimize it when the gross price of oil is powerless and depressing. There is a universal belief that nanotechnologies can be to produce new, more valuable nanomaterials to oppose these technological limitations. Many research endeavours are being coordinated towards the opening of immense and diverse advantages of nanotechnology in the oil and gas industry. The research experts have experienced the utilization of different nanoparticle types and sizes. Nanoparticles show exceptional properties because of their large surface area and highly activated particle surface. The nanotechnology can be performed at a different scale in petroleum engineering from exploration, drilling, cementing, reservoir, completion, production, and processing and refinery in each stage. This paper intends to give a concise thought of the significant uses of nanoparticles, their potential advantages, associated economic and technical challenges, and solutions.