Learn more with our online oil and gas courses: Processing, transporting, and selling refined products made from crude oil is the business of thedownstreamsegment of the oil and gas industry. Key downstream business sectors include: Oil Refining ...
These people all have one thing in common - the need to be able to talk to their customers and peers in a more informed fashion. Upstream vs Downstream: What is Upstream? When most people think of the oil and gas industry, they think of upstream - searching for oil, drilling wells, an...
The final sector of the oil and natural gas industry is known as ‘downstream.’ This includes everything involved in turning crude oil and natural gas into thousands of finished products we depend on every day. Some of the more obvious products are fuels like gasoline, diesel, kerosene, jet...
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 ...
The consolidation trend that has gripped the upstream oil and gas industry lately will cross over into the supply chain in 2024. As interest rates stabilize, or even fall, elevated cash flows will encourage suppliers to explore strategic acquisition opportunities to grow capacity inorganically. This...
Downstream focuses on the distribution and retail of products, whereas upstream is concerned with the exploration and production of raw materials.
Delivering secure supplies of oil and gas that keeps the world moving to installing chargers to help the switch to EVs, our — and, not or — approach is delivering across the UK. Watch our team hard at work to deliver on today’s energy system while building tomorrow’s. ...
thatisbeingrealizedbyBigDatatechnologiesinotherpartsofthemarketplace,however,muchofthedatacollectedwithintheoilandgassectortendstobediscarded,ignored,oranalyzedinaverycursoryway.Thisviewpointexaminesexistingdatamanage-mentpracticesintheupstreamoilandgasindustry,andcomparesthemtopracticesandphilosophiesthathaveemergedin...
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 ...
Midstream is a term used to describe one of the three major stages of oil and gas industry operations. Midstream activities include the processing, storing, transporting and marketing of oil, natural gas, andnatural gas liquids. The two other major stages are upstream, which refers to raw crude...