Crude Oil Refinery Upstream 
Oil & Gas 360º
JUNE 23, 2025
Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May. Energy Information Administration (EIA) showing domestic crude oil production reached an all-time high of 13.5
Oil Review Middle East
AUGUST 6, 2025
The decrease was mainly due to the impact of lower revenues (due to lower crude oil prices and lower refined and chemical products prices) as well as higher operating costs, according to the company. Aramco declared a Q2 2025 base dividend of US$21.1bn and a performance-linked dividend of US$0.2bn to be paid in the third quarter.
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Oil Gas Leads
JULY 26, 2025
crude oil production hit 13.2 the world’s top oil producer. The Energy Reality: Demand Isn’t Declining Despite headlines around peak oil demand, global consumption remains strong: Global oil demand reached 103.5 Occidental’s progress reflects a broader trend: U.S. million bpd in 2024 , according to the U.S.
Oil Gas Leads
JULY 16, 2025
As 2025 enters its second half, ExxonMobil stands at a critical juncture—leveraging its scale, technology, and capital discipline to drive upstream growth, especially in the Permian Basin. Optimize Infrastructure Utilization The Wink to Webster crude oil pipeline—operated by ExxonMobil—continues running near full capacity (~1.35
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. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?
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.
Oil Review Middle East
MAY 12, 2025
Upstream developments In the upstream sector, Aramco recorded total hydrocarbon production of 12.3 mmboed in the first quarter of 2025 and made 14 new oil and gas discoveries in the Eastern Province and Empty Quarter. The company progressed increment projects to maintain MSC at 12.0
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