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Upstream Midstream Downstream – What is the Difference?

Aresco

What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas. This includes both onshore and offshore activities.

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Valor | Energy Connection – Feb. 24, 2025

Valor

February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Stay tuned for weekly updates to keep you well-informed. Brent crude fell 20 cents to $74.23 crude oil inventories increase by 4.6 crude oil inventories rose by 4.6

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Highlights from Energy Transfer’s 2023 Corporate Responsibility Report

Energy Transfer

billion in organic growth projects, including an eighth fractionator at Mont Belvieu NGL Complex and a new processing plant in the Permian Basin. Leadership In 2023, our pipelines carried approximately 30% of the natural gas transported in the United States, and approximately 40% of the crude oil produced in the United States.

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AI in Oil and Gas – A Game-Changer for Efficiency and Profitability

Aresco

Generative AI is also being utilized for knowledge management, enabling workers to access vital information instantly. The Future of AI in Oil and Gas As AI continues to evolve, its impact on the oil and gas industry will only grow. Be sure to follow Aresco on LinkedIn !

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Energy Transfer Caps 2024 with Strong Q4 and Full Year Earnings Results

Energy Transfer

We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%). Adjusted EBITDA was $705 million compared to $674 million for the fourth quarter of 2023.

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How the Oil & Gas Industry is Helping Reduce Emissions

Energy Transfer

According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. This has occurred even as our country continues to produce more crude oil than any other nation ever has. have fallen 44 percent since 2011. Also of note are advancements U.S.

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Oil Market Outlook: A Year of Growth, but Slower Than Before

Rextag

continues to be the driving force behind global oil supply. Energy Information Administration (EIA), U.S. crude oil production is forecast to average 13.23 Much of this growth stems from higher output in the Permian Basin, where technological advancements and efficiency boost yields. According to the U.S.

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