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Upstream Midstream Downstream – What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? Downstream is the refining and processing phase, where crude oil is transformed into refined products and chemicals.

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

Energy Transfer

This was primarily due to higher throughput and higher rates across our Gulf Coast and Mariner East pipeline operations and we also had strong NGL exports and increased profits from the optimization of hedged NGL inventory. The increase was primarily due to increased gains related to pipeline and storage optimization opportunities.

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Nigeria Oil Industry Overview

Drillers

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. For many, stealing crude oil from the pipelines and processing it at one of the many illegal refineries in the region is a means of earning a living. million BPD as of November 2019.

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