Thedownstream oil and gassegment, as shown in the Business Characteristics diagram, is a margin business. Margin is defined as the difference between the price realized for the products produced from the crude oil and the cost of the crude delivered to the refinery. ...
Downstream focuses on the distribution and retail of products, whereas upstream is concerned with the exploration and production of raw materials.
any information gathering used to locate specific areas where minerals are likely to be found is commonly called ‘exploration.’ The term ‘upstream’ also includes the steps involved in the actual drilling and bringing oil and natural gas resources to the surface, referred to as ‘production’....
The chapter also narrates the possible strategies Oil and Gas companies can adopt to overcome the recession caused by the pandemic. The authors make a retrospection into the similar events in the past, the valuable lessons learned from those scenarios are used to analyze current and future ...
Bioenergy is a lower carbon fuel and power option, and it’s renewable – coming from sources such as used cooking oil, sugarcane and gas captured from landfill sites. It’s already in use today, fuelling transport, heating homes and powering businesses. ...
Oil and gas refineries and pipelines. The oil and gas industry requires critical OT infrastructure for upstream, midstream and downstream operations. OT monitors rigs, pumps and other extraction methods within upstream operations. It also performs remote asset management when oil and gas is transported...
Upstream is a term for the operations stages in the oil and gas industry that involve exploration and production. Oil and gas companies can generally be divided into three segments: upstream, midstream, and downstream. Upstream firms deal primarily with the exploration and initial production stages ...
Ghana's government caught between a rock and a hard place with Pecan dilemma A major conundrum at the heart of the energy transition revolves around what governments in Africa's emerging economies must do to ensure their oil and gas... I Esau - 《Upstream the International Oil & Gas Newspap...
stages are upstream, which refers to raw crude oil and natural gas production, and downstream, which refers to the refining of crude oil into gasoline, diesel, jet, and other fuels. Today, many large oil companies undertake all streams of the process and are known asintegrated oil companies....
Upstream and downstream oil and gas production refers to an oil or gas company's location in the supply chain. Companies in theoil and gas industryare defined as upstream, downstream, or midstream. Some companies are considered "integrated" because they combine the functions of...