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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. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. This includes both onshore and offshore activities.

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BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same

Rextag

BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million and 2.5 million barrels per day by 2030.

Oil 40
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What 2024 Taught Us: From Offshore Discoveries to Net Zero Ambitions, What Mattered Most

Rextag

In a polarized world facing energy supply pressures and climate imperatives, the tension between fossil fuels and clean energy has become more pronounced. shale oil production surged to 10 million barrels daily , reinforcing Americas role as a cornerstone of global energy stability. Record U.S. Shale Output: U.S. renewable projects.