Showing posts with label Oil and Natural Gas Industry. Show all posts
Showing posts with label Oil and Natural Gas Industry. Show all posts

Tuesday, September 13, 2011

What are downstream, upstream and mid stream companies?

Upstream companies
In oil and natural gas industry, upstream companies are companies are involved in exploration and production of crude oil and natural gases. These companies explore underground and underwater crude oil & gas fields and do the drilling to bring the crude oil & natural gases out. Some Major upstream companies (randomly picked) are BP, ExxonMobil, and Shell Gas.
ONGC, Oil India is some Indian names to take.
Downstream companies