Chevron is an integrated oil company withupstreamanddownstreamoperations. The upstream division is involved in the exploration and production of oil and natural gas, while downstream operations cover refining, transportation, and marketing. Chevron is also involved in chemical and mining operations as wel...
All of Russia's largest oil companies maintain substantialupstream and downstream oil and gas operations, including sprawling exploration and production divisions, petroleum refineries and petrochemical plants, and retail service stations. This article focuses on the top five oil companies in Russia as ra...
The state-ownedKuwait Petroleum Corporation(KPC) is responsible for carrying out Kuwait's oil policy as set by the country's Ministry of Petroleum and Supreme Petroleum Council. KPC and its network of subsidiary companies control all upstream and downstream oil operations in the country. The compa...
The oil and gas industry in Canada, as in other regions, is generally divided into three main segments: upstream, midstream, and downstream. Upstream companies engage in theexploration and production (E&P)of crude oil and natural gas. This entails searching for oil below the ground and drilling...
Upstream deals withcrude oiland natural gas exploration and production. On the other hand, downstream involves the refining of crude oil into petroleum products and the subsequent marketing of them. These segments combine to give Chevron control of the entire supply chain of energy.33 ...
at nearly 4 million barrels per day, but the effects of economic sanctions placed on Iran have kept production levels below true potential.1According to the U.S.Energy Information Administration (EIA), sanctions have had especially severe effects onupstreamoil and gas investment, including numerous...
ports and railways make up a large portion of revenues pose a problem. The revenue mix also tends to change alongside volatile coal prices. Same goes for battery makers like China’s CATL which is increasingly moving upstream, but where mining will continue to represent a small portion of its...
Canadian landscape; however, only a small group of firms deliver an average output of more than 300 million cubic feet per day. While some of these firms areintegrated oil and gas companieswith extensive operations inupstreamanddownstreamindustries, others focus on upstream exploration and production...
Aramco operates bothupstream and downstreamsegments. Its upstream segment engages in the exploration and production of crude oil, condensate, natural gas, and natural gas liquids. The downstream segment is engaged in refining and petrochemical manufacturing, distribution, and power generation. ...
“It’s clear that Saudi Arabia . . . want to position themselves,” said Alexandre Araman, the principal analyst for Middle East upstream with Wood Mackenzie. For decades, hydrogen has been hailed as an alternative to fossil fuels, possibly providing as much as 12% of the world’...