Tag down stream sector
The Downstream Sector!
The Downstream Sector refers to the part of the oil and gas industry that focuses on refining, processing, and distributing petroleum products, such as gasoline, diesel fuel, jet fuel, and other petrochemicals.
Here are some key players and activities in the Downstream Sector:
- Refineries: These are facilities that convert crude oil into various petroleum products, such as gasoline, diesel fuel, and jet fuel.
- Petrochemical plants: These facilities produce a wide range of petrochemicals, including plastics, fertilizers, and other chemicals.
- Terminals and storage facilities: These are locations where petroleum products are stored and transferred to other facilities or transported to end-users.
- Pipeline networks: These are systems of pipelines that transport petroleum products from refineries and storage facilities to end-users, such as gas stations, airports, and ports.
- Marketing and distribution: This involves the sale and distribution of petroleum products to end-users, such as gas stations, airlines, and shipping companies.
Some of the key companies in the Downstream Sector include:
- ExxonMobil
- Chevron
- Royal Dutch Shell
- BP
- Total
- ConocoPhillips
- Marathon Petroleum
- Valero Energy
- Phillips 66
- Sinopec
The Downstream Sector is a critical part of the oil and gas industry, as it provides the products that power our daily lives, from the fuel that powers our cars and airplanes to the plastics and chemicals that are used in a wide range of consumer products.