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The oil and gas industry is usually divided into three major sectors: upstream, midstream, and downstream. The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas , [ 1 ] as well as the marketing and distribution of products derived from crude oil and natural gas .
PBF Energy Inc. is a petroleum refining and logistics company that produces and sells transportation fuels, heating oils, lubricants, petrochemical feedstocks, and other petroleum products. The company owns and operated 6 refineries throughout the United States, located in Chalmette, Louisiana ; Toledo, Ohio ; Paulsboro, New Jersey ; the ...
U.S. stock indexes were split on Monday as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies. The Dow Jones Industrial Average climbed 358 points, or 0.9% ...
Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical ...
Rabigh Refining & Petrochemical Company (Petro Rabigh) is a Saudi Arabia–based company which produces and markets refined hydrocarbon and petrochemicals. It was founded in 2005 as a joint venture between Saudi Aramco and Japan’s Sumitomo Chemical , and is now publicly held and traded on the Saudi Stock Exchange (TADAWUL:2380).
You’ll often see the price-to-earnings (P/E) ratio near the bottom of the stock quote page, along with a few other financial ratios. Investors can calculate the P/E themselves by taking the ...
A propylene plant with a capacity of 17,000 tonnes per annum was commissioned in 1988 to supply petrochemical feedstock to neighbouring downstream industries. The unit was revamped to enhance the propylene production capacity to 30,000 tonnes per annum in 2004. CPCL also supplies LABFS to a downstream unit for the manufacture of liner alkyl ...
In June 2010, NIS was transformed into an open joint-stock company, and is listed on the Belgrade Stock Exchange since 30 August 2010. [7] In March 2011, Gazprom Neft announced that it will purchase an additional 5.15% of shares of NIS, increasing their original share from 51% to 56%. [8] NIS held a monopoly on all oil imports in Serbia until 2011.