The three levels of oil industry operations in the U.S. and worldwide are upstream, midstream and downstream. Oil and gas exploration and production, including well drilling, comprises the upstream.

Upstream operations focus on oil exploration and extraction; downstream operations process crude into products. Effective energy chains require balance between upstream production and downstream ...

HOUSTON, Nov. 9-- Pacific Rubiales Energy Corp., Toronto, having grown the past 3 years to become Colombia’s second-largest oil and gas operator, plans to seek downstream market integration and a more ...

NEW YORK-Data integration and end-user downstream data are essential factors in enterprise data management (EDM), according to a new report by research firm Aite Group. Adam Honore, analyst of the ...

Iossa and Stroffolini consider an industry characterized by a regulated natural monopoly in the upstream market and Cournot competition with demand uncertainty in the unregulated downstream market.