Aresco

OCTOBER 25, 2023

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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Downstream Midstream Upstream Crude Oil 52

Nestoil

SEPTEMBER 4, 2024

For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.

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Oil Gas Exploration and Production E&P 52

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen? Exxon comes next: the U.S.

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Oil Royalty Exploration and Production Government 52