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The oil and gas industry is usually divided into three major sectors: upstream (also called exploration and production or E&P), midstream and downstream. [1] [2] The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas ...
The oil and gas industry is usually divided into three major components: upstream, midstream and downstream. The midstream sector involves the transportation (by pipeline, rail, barge, oil tanker or truck), storage, and wholesale marketing of crude or refined petroleum products. Pipelines and other transport systems can be used to move crude ...
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 ...
The midstream industry is having a great 2013, and many companies in this energy subsector are outperforming the S&P 500. In this video, Motley Fool contributor Aimee Duffy takes a look at the ...
U.S. domestic oil and gas production is higher than it has been in decades, and as a result the midstream industry is booming as well. But headline hogs such as Kinder Morgan and TransCanada aren ...
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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.
But too much oil, and too little pipeline capacity, is wreaking havoc on oil prices. In this video, Fool energy contributor Pipeline Power: How Midstream Companies Affect Oil Prices