Downstream oil sector
The downstream sector focuses on the last link in the industry's value chain by turning raw materials like crude oil and natural gas into higher-valued products such as fuels and petrochemicals. The Upstream sector involves the initial discovery and pumping of oil. The Midstream sector involves the transportation and shipping of oil. The last stage of the process, the Downstream sector, involves the actual processing, and selling and distribution of natural gas and oil based products. Downstream Oil The downstream sector of the petroleum industry is a part of the industry that is responsible for final processing, product distribution and marketing. The Downstream Sector processes crude oil into finished products like heating oil, asphalt, lubricants, synthetic rubber, plastics, fertilizers, pesticides, and pharmaceuticals. 2013 estimates report that the downstream oil and gas sector contributed about 5% of the sulfur oxide emissions, 1% of the nitrogen oxide emissions , and 2% of the volatile organic compound emissions in Canada. The downstream sector includes all activities revolving around the refining of crude oil and the processing and purification of natural gas, as well as the selling and distribution of final oil and gas products such as jet fuel, gasoline, diesel, kerosene, and liquefied natural gas, among others. Downstream operations are oil and gas processes that occur after the production phase to the point of sale. This sector of the oil and gas industry—the final step in the production process—is represented by refiners of petroleum crude oil and natural gas processors, who bring usable products to end users and consumers.
Key downstream business sectors include: Oil Refining; Supply and Trading; Product Marketing and Retail. The downstream industry provides thousands of
29 Jul 2019 The downstream segment of the petroleum industry focuses on three main activities: refining oil, manufacturing petrochemicals, and marketing Key downstream business sectors include: Oil Refining; Supply and Trading; Product Marketing and Retail. The downstream industry provides thousands of Since 2009, McKinsey has served 90 percent of the global top 20 oil and gas companies in more than 550 projects on downstream strategy and operations. The downstream industry includes oil refineries, petrochemical plants, 3 Apr 2017 The final sector of the oil and natural gas industry is known as 'downstream.' This includes everything involved in turning crude oil and natural development and refining in order to meet the rising oil demand. The refining sector alone would need around $37 billion for upgrading existing refineries as. Recent sector trends. Oil downstream has a long history of adapting to fuel- demand evolution by investing in transforming industrial installations, deploying new
Downstream operations are oil and gas processes that occur after the production phase to the point of sale. This sector of the oil and gas industry—the final step in the production process—is represented by refiners of petroleum crude oil and natural gas processors, who bring usable products to end users and consumers.
The Upstream sector involves the initial discovery and pumping of oil. The Midstream sector involves the transportation and shipping of oil. The last stage of the process, the Downstream sector, involves the actual processing, and selling and distribution of natural gas and oil based products. Downstream Oil The downstream sector of the petroleum industry is a part of the industry that is responsible for final processing, product distribution and marketing. The Downstream Sector processes crude oil into finished products like heating oil, asphalt, lubricants, synthetic rubber, plastics, fertilizers, pesticides, and pharmaceuticals. 2013 estimates report that the downstream oil and gas sector contributed about 5% of the sulfur oxide emissions, 1% of the nitrogen oxide emissions , and 2% of the volatile organic compound emissions in Canada.
In the oil and gas business, the downstream segment traditionally includes refining, distribution and fuel sales, and marketing to retail and commercial customers. However, with growing interconnectedness between refining and chemicals, in terms of feedstocks, opportunities for process integration, and evolving end-markets, much is changing.
29 Jul 2019 The downstream segment of the petroleum industry focuses on three main activities: refining oil, manufacturing petrochemicals, and marketing Key downstream business sectors include: Oil Refining; Supply and Trading; Product Marketing and Retail. The downstream industry provides thousands of Since 2009, McKinsey has served 90 percent of the global top 20 oil and gas companies in more than 550 projects on downstream strategy and operations. The downstream industry includes oil refineries, petrochemical plants, 3 Apr 2017 The final sector of the oil and natural gas industry is known as 'downstream.' This includes everything involved in turning crude oil and natural development and refining in order to meet the rising oil demand. The refining sector alone would need around $37 billion for upgrading existing refineries as.
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Downstream Production Process Examples. Staying with the petroleum industry example, the downstream process could consist of converting crude oil into other
Download Citation | Pakistan's downstream oil sector preparing for deregulation | Economic growth in Pakistan has been turbulent at times, but there has been a